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Giannis' Development

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Re: Re: Re: Giannis' Development 

Post#1661 » by emunney » Thu Jun 9, 2016 1:23 pm

turbostef wrote:
emunney wrote:
AussieBuck wrote:Sorry about being a bit behind on this as I've been busy, when is Giannis eligible to sign his extension? Can't see him doing anything until it's signed. Wouldn't want to risk that $150 million.

Right after the moratorium next month.


But until when?

The Bucks can sign him all Summer long when he is back from NT Duties, right?

So no risk for Milwaukee, right?

And verbody talking about the 150 Mio Dollars: He has to be elected to an All-NBA Team or MVP to get this amount, right?
The "normal" max would rather be around 100 Mio. Dollars for 5 years, correct?

He'd have to win the MVP at this point to get a Rose Rule contract. But a max contract for him starts when the cap will be approaching 110m. Can't remember what the exact starting salary would be, but if its 27, that's 27 * 5 plus 27 * 9 * .075, or 153.225m for a non Rose Rule max extension starting in 2017-2018.

They have until Halloween to agree to it.
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Re: Re: Re: Giannis' Development 

Post#1662 » by turbostef » Thu Jun 9, 2016 1:44 pm

emunney wrote:
turbostef wrote:
emunney wrote:Right after the moratorium next month.


But until when?

The Bucks can sign him all Summer long when he is back from NT Duties, right?

So no risk for Milwaukee, right?

And verbody talking about the 150 Mio Dollars: He has to be elected to an All-NBA Team or MVP to get this amount, right?
The "normal" max would rather be around 100 Mio. Dollars for 5 years, correct?

He'd have to win the MVP at this point to get a Rose Rule contract. But a max contract for him starts when the cap will be approaching 110m. Can't remember what the exact starting salary would be, but if its 27, that's 27 * 5 plus 27 * 9 * .075, or 153.225m for a non Rose Rule max extension starting in 2017-2018.

They have until Halloween to agree to it.


Sorry but I am just a dump european :D I will never understand this stuff.

Is there any "cap calculator" or some source to read this stuff up?

OK. As far as I understand it Giannis could sign his extension AFTER the qualification tournament when he is back in Milwaukee.

If he is healthy Bucks and Giannis sign the extension and everybody is happy.
If he is injured then the Bucks can decide based on med checks what extend the "damage" is.

I assume that any injury that won't keep him out for more than one year would not be a problem as Giannis
has a contract for the upcoming season.

At the end the Bucks don't have to take any risk but wait 9 days longer than expected.

The risk of getting severly injured in a NT tournament is always there. This risk is a risk of life.
As it was for the Pacers and Paul George. Could happen when stepping down the stairs.

Additionally the Bucks have no urgency to sign the extension on July 1st instead of July 9th or 10th, right?

Only the Bucks can sign him as he is a unrestricted free agent this summer or not even this.
I don't know of only the Bucks can sign the extension 1 year before his contracts ends (I assume so).

Can any other Team offer Giannis a contract this summer (the Bucks would always have the right to match this offer I assume)
or does only the Bucks have this right to place an offer this summer?
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Re: Giannis' Development 

Post#1663 » by yannisk » Thu Jun 9, 2016 2:08 pm

reading comments on Greek forums, it seems the majority of the Greek public prefers Giannis staying in Milwaukee and working on his game
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Re: Giannis' Development 

Post#1664 » by turbostef » Thu Jun 9, 2016 2:09 pm

Off-Topic rgearding Kostas Antetokounmpo:

He will be part of the Greek Under 20 NT and will play the tournament which will take place in Greece.

Unfortunately the last years under 20 Team was bad and so the current team (Under 18 european Champions from last year) will
have to play Division B. The current Team is really really good and with the addition of Kostas even better.
I expect lot's of Blow Outs. Will be fun for Kostas :D )
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Re: Re: Re: Giannis' Development 

Post#1665 » by emunney » Thu Jun 9, 2016 2:14 pm

turbostef wrote:
emunney wrote:
turbostef wrote:
But until when?

The Bucks can sign him all Summer long when he is back from NT Duties, right?

So no risk for Milwaukee, right?

And verbody talking about the 150 Mio Dollars: He has to be elected to an All-NBA Team or MVP to get this amount, right?
The "normal" max would rather be around 100 Mio. Dollars for 5 years, correct?

He'd have to win the MVP at this point to get a Rose Rule contract. But a max contract for him starts when the cap will be approaching 110m. Can't remember what the exact starting salary would be, but if its 27, that's 27 * 5 plus 27 * 9 * .075, or 153.225m for a non Rose Rule max extension starting in 2017-2018.

They have until Halloween to agree to it.


Sorry but I am just a dump european :D I will never understand this stuff.

Is there any "cap calculator" or some source to read this stuff up?

OK. As far as I understand it Giannis could sign his extension AFTER the qualification tournament when he is back in Milwaukee.

If he is healthy Bucks and Giannis sign the extension and everybody is happy.
If he is injured then the Bucks can decide based on med checks what extend the "damage" is.

I assume that any injury that won't keep him out for more than one year would not be a problem as Giannis
has a contract for the upcoming season.

At the end the Bucks don't have to take any risk but wait 9 days longer than expected.

The risk of getting severly injured in a NT tournament is always there. This risk is a risk of life.
As it was for the Pacers and Paul George. Could happen when stepping down the stairs.

Additionally the Bucks have no urgency to sign the extension on July 1st instead of July 9th or 10th, right?

Only the Bucks can sign him as he is a unrestricted free agent this summer or not even this.
I don't know of only the Bucks can sign the extension 1 year before his contracts ends (I assume so).

Can any other Team offer Giannis a contract this summer (the Bucks would always have the right to match this offer I assume)
or does only the Bucks have this right to place an offer this summer?


cbafaq.com contains all the information you'd need to make a precise calculation and determine what kinds of contracts players are eligible for in just about any situation. I suspect you're right about the timeline and the Bucks will just wait until he's done with int'l play to sign him to the contract. I think this would put any insurance on Giannis' *potential* earnings on Giannis, whereas if he signed a guaranteed contract, I think the nat'l team would buy insurance for him subsidized by the NBA, as there's an agreement between the NBA and FIBA for int'l competitions. So this would not necessarily be a situation where Giannis is taking a huge financial risk, but rather one where he's putting down substantial cash down up front to protect himself just before either cashing out on a huge insurance payment or signing a ~150m guaranteed contract.
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Re: Re: Re: Giannis' Development 

Post#1666 » by turbostef » Thu Jun 9, 2016 2:25 pm

emunney wrote:
turbostef wrote:
emunney wrote:He'd have to win the MVP at this point to get a Rose Rule contract. But a max contract for him starts when the cap will be approaching 110m. Can't remember what the exact starting salary would be, but if its 27, that's 27 * 5 plus 27 * 9 * .075, or 153.225m for a non Rose Rule max extension starting in 2017-2018.

They have until Halloween to agree to it.


Sorry but I am just a dump european :D I will never understand this stuff.

Is there any "cap calculator" or some source to read this stuff up?

OK. As far as I understand it Giannis could sign his extension AFTER the qualification tournament when he is back in Milwaukee.

If he is healthy Bucks and Giannis sign the extension and everybody is happy.
If he is injured then the Bucks can decide based on med checks what extend the "damage" is.

I assume that any injury that won't keep him out for more than one year would not be a problem as Giannis
has a contract for the upcoming season.

At the end the Bucks don't have to take any risk but wait 9 days longer than expected.

The risk of getting severly injured in a NT tournament is always there. This risk is a risk of life.
As it was for the Pacers and Paul George. Could happen when stepping down the stairs.

Additionally the Bucks have no urgency to sign the extension on July 1st instead of July 9th or 10th, right?

Only the Bucks can sign him as he is a unrestricted free agent this summer or not even this.
I don't know of only the Bucks can sign the extension 1 year before his contracts ends (I assume so).

Can any other Team offer Giannis a contract this summer (the Bucks would always have the right to match this offer I assume)
or does only the Bucks have this right to place an offer this summer?


cbafaq.com contains all the information you'd need to make a precise calculation and determine what kinds of contracts players are eligible for in just about any situation. I suspect you're right about the timeline and the Bucks will just wait until he's done with int'l play to sign him to the contract. I think this would put any insurance on Giannis' *potential* earnings on Giannis, whereas if he signed a guaranteed contract, I think the nat'l team would buy insurance for him subsidized by the NBA, as there's an agreement between the NBA and FIBA for int'l competitions. So this would not necessarily be a situation where Giannis is taking a huge financial risk, but rather one where he's putting down substantial cash down up front to protect himself just before either cashing out on a huge insurance payment or signing a ~150m guaranteed contract.


The insurance thing between FIBA and NBA is not that easy.

The NT's have to sign insurances for the players. That is right. The other thing is the extent of the insurance coverage.

In no way NT's are obliged to sign insurances that cover the full contract of the player over the complete duration of their contract.
As far as I know no NT have such extensive insurances.

As an exemple:

TEAM USA nearly has only max contract Players in their roster. If the average duration of their contract would be only 2 further years this would mean that

12 Players with 15 Mio. Dollars of yearly income and 2 further contract years would mean that the insurance sum is 360 Mio. Dollars!

The fee for such an insurance would be too much even for the budget of Team USA.

As far as I know the NT's are obliged to sign "normal" insurance that cover the "damage" of the player (med costs and so on).
I can not imagine that the full contract of the players is covered (the same discussion as last year).

That means for Giannis that the insurance sum that he get's in the case of injury would be significantly lower than
his contract.

As I said. Only Giannis has a risk. And he still wants to play
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Re: Giannis' Development 

Post#1667 » by Garbs_7 » Thu Jun 9, 2016 3:30 pm

turbostef wrote:
Nightfall wrote:
Garbs_7 wrote:Who's worse? The Aussie fanatics or the Greek ones?


Even though I am greek, but haven't said anything irrelevant about NT here (AND I would prefer that Giannis would skip NT this time, AND I can't stand Spanoulis, so I am the biggest minority :lol: ).
I have to defend my landsmen at least to the fact that they are not doing to create chaos or start a fight. Greeks are warm blooded, and have trouble following rules and guidelines (where this led us as a country is another story ... :banghead: ).
Most of the aussies I met are similar enthusiastic and open hearted so I think i understand why the question came :lol: ( I have a colleague/friend here at work in Germany, from Australia, who is like an oasis in the middle of humorless and usually "cold" people).
So my fellow greeks , before posting something, to a US based forum, on a topic called : Giannis' Development, think if it fits (hint: a post about if Spanoulis' is hanging slightly to the left, doesn't). :biggrin:


Nah. You are not right. Giannis is the Bucks. Giannis is the Greek National Team. So The Bucks are the Greek National Team :lol:
You not good in Maths, aren't you? :lol:


Can somebody of the Milwaukee bound guys wait at the Bucks office today to find out what Giannis's DECISION is? :lol:




I was just joking, I love you crazy passionate Greek bastards. A large Greek community here in Australia and nearly all I come in contact with are really good, fun people. Carry on lads :D
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Re: Re: Re: Giannis' Development 

Post#1668 » by emunney » Thu Jun 9, 2016 3:38 pm

turbostef wrote:
emunney wrote:
turbostef wrote:
Sorry but I am just a dump european :D I will never understand this stuff.

Is there any "cap calculator" or some source to read this stuff up?

OK. As far as I understand it Giannis could sign his extension AFTER the qualification tournament when he is back in Milwaukee.

If he is healthy Bucks and Giannis sign the extension and everybody is happy.
If he is injured then the Bucks can decide based on med checks what extend the "damage" is.

I assume that any injury that won't keep him out for more than one year would not be a problem as Giannis
has a contract for the upcoming season.

At the end the Bucks don't have to take any risk but wait 9 days longer than expected.

The risk of getting severly injured in a NT tournament is always there. This risk is a risk of life.
As it was for the Pacers and Paul George. Could happen when stepping down the stairs.

Additionally the Bucks have no urgency to sign the extension on July 1st instead of July 9th or 10th, right?

Only the Bucks can sign him as he is a unrestricted free agent this summer or not even this.
I don't know of only the Bucks can sign the extension 1 year before his contracts ends (I assume so).

Can any other Team offer Giannis a contract this summer (the Bucks would always have the right to match this offer I assume)
or does only the Bucks have this right to place an offer this summer?


cbafaq.com contains all the information you'd need to make a precise calculation and determine what kinds of contracts players are eligible for in just about any situation. I suspect you're right about the timeline and the Bucks will just wait until he's done with int'l play to sign him to the contract. I think this would put any insurance on Giannis' *potential* earnings on Giannis, whereas if he signed a guaranteed contract, I think the nat'l team would buy insurance for him subsidized by the NBA, as there's an agreement between the NBA and FIBA for int'l competitions. So this would not necessarily be a situation where Giannis is taking a huge financial risk, but rather one where he's putting down substantial cash down up front to protect himself just before either cashing out on a huge insurance payment or signing a ~150m guaranteed contract.


The insurance thing between FIBA and NBA is not that easy.

The NT's have to sign insurances for the players. That is right. The other thing is the extent of the insurance coverage.

In no way NT's are obliged to sign insurances that cover the full contract of the player over the complete duration of their contract.
As far as I know no NT have such extensive insurances.

As an exemple:

TEAM USA nearly has only max contract Players in their roster. If the average duration of their contract would be only 2 further years this would mean that

12 Players with 15 Mio. Dollars of yearly income and 2 further contract years would mean that the insurance sum is 360 Mio. Dollars!

The fee for such an insurance would be too much even for the budget of Team USA.

As far as I know the NT's are obliged to sign "normal" insurance that cover the "damage" of the player (med costs and so on).
I can not imagine that the full contract of the players is covered (the same discussion as last year).

That means for Giannis that the insurance sum that he get's in the case of injury would be significantly lower than
his contract.

As I said. Only Giannis has a risk. And he still wants to play


It's not the full contract, but it's significant. The reported figure for the cost of Deng's policy to the Great Britain team during the lockout was something like 300k euros. My sense is that the league pays most of this cost when the players aren't locked out, as it's really the individual franchises who need the protection. I wasn't trying to suggest that Giannis would take out a 150m policy, either. I won't even pretend to know what the actual value would be; I'm not even sure it'd be on the same order of magnitude, but it would certainly offer him some security in the event of disability or potentially loss of value.

I don't agree that only Giannis is carrying risk, either, because let's say he doesn't sign the contract and suffers a serious injury. The Bucks aren't out the money they spent on that contract, but they're still out a potential superstar, who in reality was worth far more to them than what they'd have paid for the contract. Let's not get confused -- losing Giannis would be crushing whether we had already paid him or not. That's the real risk. Not the contract.
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Re: Giannis' Development 

Post#1669 » by har13 » Thu Jun 9, 2016 3:44 pm

Garbs_7 wrote:
turbostef wrote:
Nightfall wrote:
Even though I am greek, but haven't said anything irrelevant about NT here (AND I would prefer that Giannis would skip NT this time, AND I can't stand Spanoulis, so I am the biggest minority :lol: ).
I have to defend my landsmen at least to the fact that they are not doing to create chaos or start a fight. Greeks are warm blooded, and have trouble following rules and guidelines (where this led us as a country is another story ... :banghead: ).
Most of the aussies I met are similar enthusiastic and open hearted so I think i understand why the question came :lol: ( I have a colleague/friend here at work in Germany, from Australia, who is like an oasis in the middle of humorless and usually "cold" people).
So my fellow greeks , before posting something, to a US based forum, on a topic called : Giannis' Development, think if it fits (hint: a post about if Spanoulis' is hanging slightly to the left, doesn't). :biggrin:


Nah. You are not right. Giannis is the Bucks. Giannis is the Greek National Team. So The Bucks are the Greek National Team :lol:
You not good in Maths, aren't you? :lol:


Can somebody of the Milwaukee bound guys wait at the Bucks office today to find out what Giannis's DECISION is? :lol:




I was just joking, I love you crazy passionate Greek bastards. A large Greek community here in Australia and nearly all I come in contact with are really good, fun people. Carry on lads :D


is Kyrgios and Kokkinakis so bastards as they say? :D :D
sorry off topic again.. :D :D :) :crazy: :banghead:
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Re: Giannis' Development 

Post#1670 » by turbostef » Thu Jun 9, 2016 4:46 pm

http://m.contra.gr/Basketball/Hellas/greece/thriler-me-antetokounmpo-o-giannis-thelei-oi-mpaks-oxi.4108691.html

**** no decision today
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Re: Giannis' Development 

Post#1671 » by The Lazy Potato » Thu Jun 9, 2016 5:25 pm

turbostef wrote:http://m.contra.gr/Basketball/Hellas/greece/thriler-me-antetokounmpo-o-giannis-thelei-oi-mpaks-oxi.4108691.html

**** no decision today
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what's the point to put a link that most people here can't read? :-?
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Re: Giannis' Development 

Post#1672 » by turbostef » Thu Jun 9, 2016 5:28 pm

Google translater?

I translated the message

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Re: Giannis' Development 

Post#1673 » by turbostef » Thu Jun 9, 2016 6:26 pm

http://m.contra.gr/Basketball/Hellas/greece/xwris-papanikolaoy-sto-proolympiako-h-ethnikh.4107615.html

Now it says the decision will be in the evenenig milwaukee time.

Can somebody wake me up tonight?

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Re: Giannis' Development 

Post#1674 » by turbostef » Thu Jun 9, 2016 7:32 pm

https://m.facebook.com/story.php?story_fbid=1001470336640219&substory_index=0&id=540142996106291
Does that mean what I hope?

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Re: Giannis' Development 

Post#1675 » by canucklife21 » Thu Jun 9, 2016 8:27 pm

What point guard/combo guard do the Bucks fans feel fits perfectly with the Greek Freak running the show?

He must be able to defend Point Guards and definitely need the three pointer.

Seth Curry, Avey Bradley, Jordan Clarkson? just to name a few.
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Re: Giannis' Development 

Post#1676 » by The Lazy Potato » Thu Jun 9, 2016 8:38 pm

canucklife21 wrote:What point guard/combo guard do the Bucks fans feel fits perfectly with the Greek Freak running the show?

He must be able to defend Point Guards and definitely need the three pointer.

Seth Curry, Avey Bradley, Jordan Clarkson? just to name a few.



i really like Seth Curry.
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Re: Giannis' Development 

Post#1677 » by imithanos » Thu Jun 9, 2016 9:04 pm

canucklife21 wrote:What point guard/combo guard do the Bucks fans feel fits perfectly with the Greek Freak running the show?

He must be able to defend Point Guards and definitely need the three pointer.

Seth Curry, Avey Bradley, Jordan Clarkson? just to name a few.


Jordan Clarkson can defend? That's new.
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Re: Giannis' Development 

Post#1678 » by Mirotic12 » Thu Jun 9, 2016 10:12 pm

Sorry for the off-topic response, but I was called out by turbostef.


turbostef wrote:.- Vasilakopoulos would never accept a Coach Giannakis? :lol: Giannakis WAS Coach from 2004-2008 :lol:


Vassilakopoulos fired Giannakis. He fired him after this:

1997 - 4th place in Europe (with Greece losing to the great '90s Yugoslavia team).

1998 - 4th place in the World Championship (with Greece again losing to the great '90s Yugoslavia team).

Then Ioannidis was the coach for the 2003 EuroBasket: - 2003 - 5th place in Europe (Greece barely lost to Italy. The same Italy that won the silver medal at the Olympics the summer before.)

Then Giannakis came back and,

2004 - 5th place in the Olympics (Greece barely lost to gold medal winners Argentina, having a chance to tie the game on their last possession).

2005 - 1st place in Europe.

2006 - 2nd place in the World Championship (including a victory over Team USA that had all its players except Kobe).

2007 - 4th place in Europe (Greece barely lost to silver medal winners Spain, on Spain's home court).

2008 - 5th place in the Olympics (Greece lost on the last possession of the game to bronze medal winners Argentina).

After this kind of success, that put Greece at the top 3-5 teams of the world, on a consistent basis, for 7-8 years, Vassilakopoulos fired Giannakis. And don't use the money excuse to explain that. Because the coach that Vassilakopoulos hired right after that, Jonas Kazlauskas, got the same amount of money that Giannakis was making.

It's well known in Greece that Vassilakopoulos fired Giannakis because Panathinaikos complained about him being the coach of the national team, and also of Olympiacos, as they claimed he could "defame Panathinaikos players through the national team".

So Vassilakopoulos fired him (nothing to do with money). Let's keep to facts here please. Thanks.

turbostef wrote:The insurance thing between FIBA and NBA is not that easy.

The NT's have to sign insurances for the players. That is right. The other thing is the extent of the insurance coverage.

In no way NT's are obliged to sign insurances that cover the full contract of the player over the complete duration of their contract.
As far as I know no NT have such extensive insurances.

As an exemple:

TEAM USA nearly has only max contract Players in their roster. If the average duration of their contract would be only 2 further years this would mean that

12 Players with 15 Mio. Dollars of yearly income and 2 further contract years would mean that the insurance sum is 360 Mio. Dollars!

The fee for such an insurance would be too much even for the budget of Team USA.

As far as I know the NT's are obliged to sign "normal" insurance that cover the "damage" of the player (med costs and so on).
I can not imagine that the full contract of the players is covered (the same discussion as last year).

That means for Giannis that the insurance sum that he get's in the case of injury would be significantly lower than
his contract.

As I said. Only Giannis has a risk. And he still wants to play


emunney wrote:It's not the full contract, but it's significant. The reported figure for the cost of Deng's policy to the Great Britain team during the lockout was something like 300k euros. My sense is that the league pays most of this cost when the players aren't locked out, as it's really the individual franchises who need the protection. I wasn't trying to suggest that Giannis would take out a 150m policy, either. I won't even pretend to know what the actual value would be; I'm not even sure it'd be on the same order of magnitude, but it would certainly offer him some security in the event of disability or potentially loss of value.

I don't agree that only Giannis is carrying risk, either, because let's say he doesn't sign the contract and suffers a serious injury. The Bucks aren't out the money they spent on that contract, but they're still out a potential superstar, who in reality was worth far more to them than what they'd have paid for the contract. Let's not get confused -- losing Giannis would be crushing whether we had already paid him or not. That's the real risk. Not the contract.


FIBA already made a rule about a couple of months ago that ALL players from ALL countries have to have their ENTIRE contract amount covered by insurance. Antetokounmpo's entire contract amount will be insured, no matter how much it is. Otherwise, he would not be allowed by FIBA to even play for Greece.

The insurance thing is an old issue that people like Mark Cuban made a big deal out of it. It's no longer an issue, as the current rules mean every single player must have his entire contract covered by insurance. And yes, that already is in effect for the current tournaments.
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Re: Giannis' Development 

Post#1679 » by theFireBlanket » Thu Jun 9, 2016 11:26 pm

duppyy wrote:
MrPerfect1 wrote:Simmons can be good on TV. I thought he was awesome during the Draft


Image

viewtopic.php?f=6&t=1451835&start=20#start_here


Everybody in the Antetokounmpfamily in the background of Simmons here (mother, father, Alex, Kostas, Giannis & Thanasis). James Young drafted by the Celtics. :lol:
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Re: Giannis' Development 

Post#1680 » by JustinCredible » Thu Jun 9, 2016 11:52 pm

Giannis is playing for Greece.
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