Ray Allen back (still on discount)

[Mars]

The gesture should have been the other way around.

"Hey Ray you took less from before and you saved our season with an amazing shot. As a gesture of goodwill opt out of your contract and we'll max you out for this season (I think 3.7), you've earned it"

That's the true gesture of goodwill.

Mickey is not in actuality sacrificing anything. Look at how much value the franchise will gain by the end of this run and tell me how much he is sacrificing. Or how easy it will be to get the city to pay for a new arena after a bunch of championships.

When a billionaire says he is losing money out of one of his pockets, its a good idea to check how much money is going into his other pocket. When you own dozens of companies you can make any one company look unprofitable on paper.

Ray's a smart guy. He wasn't pressured to opt in. He clearly looked at what lies ahead in terms of economics for the Heat, what it's going to cost the franchise to keep putting competitive rosters on the floor, what every other player on the team has done in terms of their own contracts, and came to his own decision.

And while the value of the franchise should be unquestionably high at the end of this run, we're a long way for that point. It's still early yet. Once their TV deal comes together they should finally be profitable year-in and year-out. But as it is now, from everything I've read/heard, 2011-12 was the first season the franchise turned even a minimal profit since they've been at American Airlines Arena. The CBA, luxury taxes, revenue sharing, etc. seems to have taken it's toll. Could be a case of creative accounting, but that info is all there is to go on.

Ultimately, Mickey's gesture of goodwill is coming this year and beyond when he's paying that hefty repeater's tax for as long as LeBron, Wade, and Bosh are still on board together in Miami.

I'm never going to knock Mickey for trying to practice some type of fiscal responsibility. Especially when he's shown that he's more than willing to pony up and spend to win. Not every franchise owning billionaire is going to be a gunslinger without conscience like Prokhorov. Even Cuban eventually realized he had to tighten the purse strings.

[heatchamp45]

Awesome news

[GreenHat]

The gesture should have been the other way around.

"Hey Ray you took less from before and you saved our season with an amazing shot. As a gesture of goodwill opt out of your contract and we'll max you out for this season (I think 3.7), you've earned it"

That's the true gesture of goodwill.

Mickey is not in actuality sacrificing anything. Look at how much value the franchise will gain by the end of this run and tell me how much he is sacrificing. Or how easy it will be to get the city to pay for a new arena after a bunch of championships.

When a billionaire says he is losing money out of one of his pockets, its a good idea to check how much money is going into his other pocket. When you own dozens of companies you can make any one company look unprofitable on paper.

Ray's a smart guy. He wasn't pressured to opt in. He clearly looked at what lies ahead in terms of economics for the Heat, what it's going to cost the franchise to keep putting competitive rosters on the floor, what every other player on the team has done in terms of their own contracts, and came to his own decision.

And while the value of the franchise should be unquestionably high at the end of this run, we're a long way for that point. It's still early yet. Once their TV deal comes together they should finally be profitable year-in and year-out. But as it is now, from everything I've read/heard, 2011-12 was the first season the franchise turned even a minimal profit since they've been at American Airlines Arena. The CBA, luxury taxes, revenue sharing, etc. seems to have taken it's toll. Could be a case of creative accounting, but that info is all there is to go on.

Ultimately, Mickey's gesture of goodwill is coming this year and beyond when he's paying that hefty repeater's tax for as long as LeBron, Wade, and Bosh are still on board together in Miami.

I'm never going to knock Mickey for trying to practice some type of fiscal responsibility. Especially when he's shown that he's more than willing to pony up and spend to win. Not every franchise owning billionaire is going to be a gunslinger without conscience like Prokhorov. Even Cuban eventually realized he had to tighten the purse strings.

They are already profitable year in year out and overall. This is the same BS that was going on during the lockout. When you own a multitude of businesses you can make any of them look less profitable than they are. You hit the nail on the head with the creative accounting.

And again that's ignoring the franchise value. You can't ignore that just because it hasn't happened yet. That's the main reason why Arison is spending so much now. Out of the billionaires he has been one of the cheapest throughout all sports in the past.

Again you said it was a nice gesture but it should have been a nice gesture going the other way. It would be like me letting my eight year old nephew buy me lunch to save me money. Sure its sweet that he wants to save me money but I have a lot more money than him, I should be paying for him.

[Mars]

...And again that's ignoring the franchise value. You can't ignore that just because it hasn't happened yet. That's the main reason why Arison is spending so much now. Out of the billionaires he has been one of the cheapest throughout all sports in the past...

I believe this portion crystallizes everything we've been talking about. As you said yourself, Mickey is spending now. And as I stated earlier he will he continue to pay out hand-over-fist due to that looming repeater's tax as long as LeBron, Wade, and Bosh are in Miami together.

Regardless of what Mickey may or may not have been willing to do in the past, he's more than willing to do it now. What more can we ask of him than that, short of offering Ray that $500,000 maximum raise on his final year had he chosen to opt out?