ALL RUBIO TALK HERE

Post #761 » by **C.lupus** » Thu Jul 2, 2009 8:30 pm

But trolls are sooooo cute. Especially when they come in packs...

smw6230 · Post #762 » by **smw6230** » Thu Jul 2, 2009 8:31 pm

NO-KG-AI wrote:So like, the wiretap is just another unsubstantiated rumor?

I'm starting to get really pissed at these wiretaps they let through, it just causes more work for the moderators.

Actually the wiretap piece is from a Spanish Newspaper.

Here is the translated article:

http://translate.google.com/translate?hl=en&sl=es&tl=en&u=http%3A%2F%2Fwww.elperiodico.com%2Fdefault.asp%3Fidpublicacio_PK%3D46%26idioma%3DCAS%26idnoticia_PK%3D626065%26idseccio_PK%3D1011

I would assume that El Periodico isn't just making stuff up out of whole cloth.

RD&KG2 · Post #763 » by **RD&KG2** » Thu Jul 2, 2009 8:36 pm

smw6230 wrote:
NO-KG-AI wrote:So like, the wiretap is just another unsubstantiated rumor?

I'm starting to get really pissed at these wiretaps they let through, it just causes more work for the moderators.

Actually the wiretap piece is from a Spanish Newspaper.

Here is the translated article:

http://translate.google.com/translate?hl=en&sl=es&tl=en&u=http%3A%2F%2Fwww.elperiodico.com%2Fdefault.asp%3Fidpublicacio_PK%3D46%26idioma%3DCAS%26idnoticia_PK%3D626065%26idseccio_PK%3D1011

I would assume that El Periodico isn't just making stuff up out of whole cloth.

You've never read the NY times Sports section have you?

RickyRubio · Post #764 » by **RickyRubio** » Thu Jul 2, 2009 8:38 pm

you guys talking about me :lol:

RD&KG2 · Post #765 » by **RD&KG2** » Thu Jul 2, 2009 8:39 pm

Sure we are, Canada.

Post #766 » by **revprodeji** » Thu Jul 2, 2009 8:54 pm

tvwolves7 wrote:Hey Rev,

Did you ever hear back from Jerry Zgoda on the Rubio quote he used on an article he wrote a few days ago?

Nope...Big shock huh?

And it contradicts the quote from Rubio's dad that I posted a couple pages ago.

Krapinsky · Post #767 » by **Krapinsky** » Thu Jul 2, 2009 8:58 pm

Allow me to try and give my lawyerly insight to what I believe is going on....

1. DKV Jovenut is going bankrupt. What they want is for Rubio to pay the $6 million (euros).

2. Rubio wants a buy out for probably about half of that, only that is not enough to prevent DKV's from going bankrupt.

3. Rubio wants to find out if his contract is enforceable. The buyout is approximately 40 times (guesstimate -- I don't know the exact figures) his yearly salary, which in the U.S. would probably be found unconscionable and therefore unenforceable (who knows with Spanish law).

4. DKV is afraid of having the contract's buyout provision held unenforceable, so their refusal to negotiate the buyout is their leverage to prevent that from happening.

5. This leaves Rubio with his current option, which I believe is his best course --- State his intention to play out his contract and in the meantime continue to seek a declaratory judgment on the buy out provision. Worst case scenario -- the buyout provision is upheld and he can try to renegotiate after he plays another year there. If DKV again refuses to negotiate, he'll play two years.

6. DKV is then faced with two worst case scenarios -- 1. Rubio stays, playing through his current contract and DKV does not see any money from Rubio (essentially they're out the $3-$4 million they would have got if they negotiated the buyout), and perhaps are forced to go bankrupt and even shut down. 2. - the buy out provision is found unenforceable or a court sua sponte lowers the buyout amount, allowing Rubio to pay it and come over immediately.

Conclusion: I believe this is what's happening. In the meantime, the reports sound a lot worse than they are, and while the prospect of Rubio playing two years in europe sounds bad for the T-Wolves, the reason this statement was released is because this is even worse for DKV due to their financial situation. In due time, DKV will have no choice but to reach an amenable settlement offer, which I'm guessing will not happen until days before the contract dispute is to go to court. Rubio needs to stick with his guns, and keep calling their bluff.

EDITED (homonyms)

tvwolves7 · Post #768 » by **tvwolves7** » Thu Jul 2, 2009 9:02 pm

revprodeji wrote:
tvwolves7 wrote:Hey Rev,

Did you ever hear back from Jerry Zgoda on the Rubio quote he used on an article he wrote a few days ago?

Nope...Big shock huh?

And it contradicts the quote from Rubio's dad that I posted a couple pages ago.

I like that Zgoda has given more access then before, but that might have to do more with the newspaper industry trying to stay a float then him going above and beyond. Besides that Zgoda annoys me for his dying love for Thabeet and the way he seems to already dismiss Kahn as a failure.

D1SGRUNTL3D · Post #769 » by **D1SGRUNTL3D** » Thu Jul 2, 2009 9:03 pm

Gagreed with Krapinksy.

Knicks fans can put their boners away now.

Post #770 » by **C.lupus** » Thu Jul 2, 2009 9:04 pm

Interesting. Thanks Dr. K. I knew there was a reason we had lawyers. :wink:

I'm wondering what would happen in the scenario where Rubio is playing for DKV and they then go under. Does that free him of his contractual obligations?

Krapinsky · Post #771 » by **Krapinsky** » Thu Jul 2, 2009 9:05 pm

C.lupus wrote:Interesting. Thanks Dr. K. I knew there was a reason we had lawyers.

I'm wondering what would happen in the scenario where Rubio is playing for DKV and they then go under. Does that free him of his contractual obligations?

Under U.S. law, yes. If DKV could not afford to pay Ricky's salary, you would have a breach of contract, in which case Rubio could seek to have the contract rescinded.

tvwolves7 · Post #772 » by **tvwolves7** » Thu Jul 2, 2009 9:06 pm

Dr.Krapinsky wrote:Allow me to try and give my lawyerly insight to what I believe is going on....

1. DKV Jovenut is going bankrupt. What they want is for Rubio to pay the $6 million (euros).

2. Rubio wants a buy out for probably about half of that, only that is not enough to prevent DKV's from going bankrupt.

3. Rubio wants to find out if his contract is enforceable. The buyout is approximately 40 times (guesstimate -- I don't know the exact figures) is yearly salary, which in the U.S. would probably be found unconscionable and therefore unenforceable (who knows with Spanish law).

4. DKV is afraid of having the contract's buyout provision held unenforceable, so they're refusal to negotiate the buyout is their leverage to prevent that from happening.

5. This leaves Rubio with his current option, which I believe is his best course --- State his intention to play out his contract and in the meantime continue to seek a declaratory judgment on the buy out provision. Worst case scenario -- the buyout provision is upheld and he can try to renegotiate after he plays another year there. If DKV again refuses to negotiate, he'll play two years.

6. DKV is then faced with two worst case scenario's -- 1. Rubio stays, playing through his current contract and DKV does not see any money from Rubio (essentially they're out the $3-$4 million they would have got if they negotiated the buyout), and perhaps are forced to go bankrupt and even shut down. 2. - the buy out provision is found unenforceable or a court sua sponte lowers the buyout amount, allowing Rubio to pay it and come over immediately.

Conclusion: I believe this is what's happening. In the meantime, the reports sound a lot worse than they are, and while the prospect of Rubio playing two years in europe sounds bad for the T-Wolves, the reason this statement was released is because this is even worse for DKV due to their financial situation. In due time, DKV will have no choice but to reach an amenable settlement offer, which I'm guessing will not happen until days before the contract dispute is to go to court. Rubio needs to stick with his guns, and keep calling their bluff.

EDITED (homonyms)

I wonder how much revenue Rubio makes for DKV. That is also in play because if he bought out. Does their attendance drop dramatically, tv ads go away, jersey sales drop, etc?

Krapinsky · Post #773 » by **Krapinsky** » Thu Jul 2, 2009 9:11 pm

tvwolves7 wrote:
Dr.Krapinsky wrote:Allow me to try and give my lawyerly insight to what I believe is going on....

1. DKV Jovenut is going bankrupt. What they want is for Rubio to pay the $6 million (euros).

2. Rubio wants a buy out for probably about half of that, only that is not enough to prevent DKV's from going bankrupt.

3. Rubio wants to find out if his contract is enforceable. The buyout is approximately 40 times (guesstimate -- I don't know the exact figures) is yearly salary, which in the U.S. would probably be found unconscionable and therefore unenforceable (who knows with Spanish law).

4. DKV is afraid of having the contract's buyout provision held unenforceable, so they're refusal to negotiate the buyout is their leverage to prevent that from happening.

5. This leaves Rubio with his current option, which I believe is his best course --- State his intention to play out his contract and in the meantime continue to seek a declaratory judgment on the buy out provision. Worst case scenario -- the buyout provision is upheld and he can try to renegotiate after he plays another year there. If DKV again refuses to negotiate, he'll play two years.

6. DKV is then faced with two worst case scenario's -- 1. Rubio stays, playing through his current contract and DKV does not see any money from Rubio (essentially they're out the $3-$4 million they would have got if they negotiated the buyout), and perhaps are forced to go bankrupt and even shut down. 2. - the buy out provision is found unenforceable or a court sua sponte lowers the buyout amount, allowing Rubio to pay it and come over immediately.

Conclusion: I believe this is what's happening. In the meantime, the reports sound a lot worse than they are, and while the prospect of Rubio playing two years in europe sounds bad for the T-Wolves, the reason this statement was released is because this is even worse for DKV due to their financial situation. In due time, DKV will have no choice but to reach an amenable settlement offer, which I'm guessing will not happen until days before the contract dispute is to go to court. Rubio needs to stick with his guns, and keep calling their bluff.

EDITED (homonyms)

I wonder how much revenue Rubio makes for DKV. That is also in play because if he bought out. Does their attendance drop dramatically, tv ads go away, jersey sales drop, etc?

Obviously that's going to a factor worth considering. . But probably not to the tune of $6 million over two years. Rubio's been around a year, so jersey sales have likely plateaued, and the Spanish league can't exactly be putting up NBA level revenues. But the bottom line is you are right, and this will effect DKV's position in any buyout negotiations.

Post #774 » by **revprodeji** » Thu Jul 2, 2009 9:13 pm

thx dr. K

Krapinsky · Post #775 » by **Krapinsky** » Thu Jul 2, 2009 9:14 pm

http://sportsillustrated.cnn.com/2009/w ... index.html

An article about the current economic state of european basketball

Post #776 » by **ranger001** » Thu Jul 2, 2009 9:21 pm

Dr.Krapinsky wrote:5. This leaves Rubio with his current option, which I believe is his best course --- State his intention to play out his contract and in the meantime continue to seek a declaratory judgment on the buy out provision. Worst case scenario -- the buyout provision is upheld and he can try to renegotiate after he plays another year there. If DKV again refuses to negotiate, he'll play two years.

According to El periodico though Rubio has to drop the lawsuit. So it looks like he is going to play out his contract hoping they reduce their buyout. If they do not though in 2 years Rubio could decide to stay in Europe like Fran Vasquez.

If Rubio continues to develop a Euro team could decide to give him a lot more money in 2 years than an NBA rookie contract.

Frozen3161 · Post #777 » by **Frozen3161** » Thu Jul 2, 2009 9:23 pm

Glen Taylor should just buy DKV Joventut.

funkatron101 · Post #778 » by **funkatron101** » Thu Jul 2, 2009 9:24 pm

ranger001 wrote:
Dr.Krapinsky wrote:5. This leaves Rubio with his current option, which I believe is his best course --- State his intention to play out his contract and in the meantime continue to seek a declaratory judgment on the buy out provision. Worst case scenario -- the buyout provision is upheld and he can try to renegotiate after he plays another year there. If DKV again refuses to negotiate, he'll play two years.

According to El periodico though Rubio has to drop the lawsuit. So it looks like he is going to play out his contract hoping they reduce their buyout. If they do not though in 2 years Rubio could decide to stay in Europe like Fran Vasquez.

If Rubio continues to develop a Euro team could decide to give him a lot more money in 2 years than an NBA rookie contract.

If he pulls a Fran, I would have to imagine there will be a revision to the CBA.

shrink · Post #779 » by **shrink** » Thu Jul 2, 2009 9:31 pm

Paging Dr K. The trade board could use your fine post:

viewtopic.php?f=2&t=921657&start=60

Post #780 » by **revprodeji** » Thu Jul 2, 2009 9:32 pm

Ok..again.

Fran will not come over because he is bound to sign a contract that is far less than what he is currently making in Europe. So he likely will never come over. This is the reason why pekovic was the 1st pick in the 2nd rd so he would not be bound to the rookie scale. Rubio gets very good pay if we compare salary in the NBA vs Europe, but it is this buy out amount that hurts him.

Very different situation.