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Can someone explain to me what Dinwiddie is doing with his contract

I'm not a big Rubio fan but I think he was a really good addition by Phoenix, if only just so that they can finally end this terrible Devin Booker at PG experiment. I think Monty Williams can bring some much needed stability to the locker room as well. Ayton is the future of that franchise though, and they're not gonna take that much needed next step until they realize that.

bucksfansince88 wrote:Can someone explain to me what Dinwiddie is doing with his contract

He's trying to sell the present value of his contract to investors online.

Ex: If he's owed $34mm over four years, he'd offer those future cash flow streams to someone in exchange for say $28 million upfront today. (Hypothetical, as we don't know the numbers). For someone to do this, they'd either need all the money now for some reason, or believe they could invest it for a greater return than what they'd have sold the future interest off for.

I'm sure the league isn't a fan because some players might blow the lump sum payment and go broke before their contract was up.

paulpressey25 wrote:

bucksfansince88 wrote:Can someone explain to me what Dinwiddie is doing with his contract

He's trying to sell the present value of his contract to investors online.

Ex: If he's owed $34mm over four years, he'd offer those future cash flow streams to someone in exchange for say $28 million upfront today. (Hypothetical, as we don't know the numbers). For someone to do this, they'd either need all the money now for some reason, or believe they could invest it for a greater return than what they'd have sold the future interest off for.

I'm sure the league isn't a fan because some players might blow the lump sum payment and go broke before their contract was up.

thats kind of how I interpreted it also, just curious about how it will be solicited and offered to investors. Im intrigued and his lawyers did some good work to prove that it is in compliance with the CBA

paulpressey25 wrote:

bucksfansince88 wrote:Can someone explain to me what Dinwiddie is doing with his contract

He's trying to sell the present value of his contract to investors online.

Ex: If he's owed $34mm over four years, he'd offer those future cash flow streams to someone in exchange for say $28 million upfront today. (Hypothetical, as we don't know the numbers). For someone to do this, they'd either need all the money now for some reason, or believe they could invest it for a greater return than what they'd have sold the future interest off for.

I'm sure the league isn't a fan because some players might blow the lump sum payment and go broke before their contract was up.

When you play for the NBA but really play for Goldman Sachs.

paulpressey25 wrote:

bucksfansince88 wrote:Can someone explain to me what Dinwiddie is doing with his contract

He's trying to sell the present value of his contract to investors online.

Ex: If he's owed $34mm over four years, he'd offer those future cash flow streams to someone in exchange for say $28 million upfront today. (Hypothetical, as we don't know the numbers). For someone to do this, they'd either need all the money now for some reason, or believe they could invest it for a greater return than what they'd have sold the future interest off for.

I'm sure the league isn't a fan because some players might blow the lump sum payment and go broke before their contract was up.

Some might be the understatement of the century. Soon they'll all be sleep deprived (lol..wow) and broke!

buckboy wrote:Any fantasy sleepers would be appreciated. It's a small league, so only drafting like 100 players total.

Points or roto league?

nm

I’ve always liked LeBron, but what a clown.

TroyD92 wrote:I’ve always liked LeBron, but what a clown.

You're just not educated about the situation at hand.

You need to kiss authoritarian ass to get that China money.

Mags FTW wrote:

TroyD92 wrote:I’ve always liked LeBron, but what a clown.

You're just not educated about the situation at hand.

You need to kiss authoritarian ass to get that China money.

Only an activist when it doesn’t effect the bottom line right ? What a clown this guy is. Not surprising considering he’s been Nike’s pawn for the last two decades.

All I'll say is that Lebron is a **** pretentious hypocrite.

Didn't know I could hate Lebron more, this whole China fiasco has been an embarrassment to the league and entire country imo.

Wow I wonder if sleep deprivation is a problem in any other fields, he posted at 1am for absolutely no reason

You have to wonder why Lebron will say this right now when the whole thing is dying out.Could a potential behind the scenes agreement between NBA-China require something like that before it's back to business as usual?I highly doubt Lebron or his PR team wants to take a hit like that with the american public.

When you’re just so woke on the recent nba world stuff that it actually deprives you sleep.

Washington scouting Herro...hmmm

I'm not going to wade into LeBron's geopolitical views, but when he said "my team" I took it to mean Klutch Sports and not the Lakers which is all kinds of depressing.

drone3 wrote:Washington scouting Herro...hmmm

Beal on the move?

MickeyDavis wrote:

drone3 wrote:Washington scouting Herro...hmmm

Beal on the move?

No way.That franchise has no hope with the current ownership.