Maybe OT - How much is too much? (NBA salaries)
Posted: Thu Jul 14, 2016 9:38 pm
First of all, let me say that I am a business man and I believe in capitalism and free markets. Unfortunately, the crony capitalism that we have today in the United States has given capitalism a bad name and has caused many people to misunderstand what a "free market" really is.
As much as I believe in letting the market set the price of goods, services, and even NBA contracts, given the recent salaries explosion, I now have to ask: "How much is too much?"
I think that as fans really all we expect from our players is for them to play hard, play with passion, and respect the fans and media that support them and make them famous. I'm sure most of us would KILL to have the athletic talent to be professional athletes. I know that if I was 6'9" instead of 5'9" and I had more athletic talent, I would promise that I would give everything to be the best I could be. I would give it my all. I would do anything to compete and win.
Unfortunately, it seems like in today's NBA, winning is not always most important and most players don't play hard all the time. Off court activity and outside factors are more of a priority then competing. In my opinion, it's gotten much worse since the early to mid 90's. Where are the Jordan's, Barkley's, Bird's, Garnett's? Who plays with that intensity these days?
I really think that the exploding salaries are to blame for the problems with athletes today: The attitude and disrespect most have for the media and fans. The lack of effort. The laziness. The focus on off court activities and endorsements over competing and winning.
Example:
In his 92-93 MVP year, Charles Barkley made $2.4 million. That's about $1.2m after taxes and agent fees. Now some may argue that due to inflation, $1.2m in 93 money is about $2 million today (http://www.usinflationcalculator.com/)
Still, while $2 million after taxes is a lot of money, it's not "F-U money." $2 million a year after taxes is enough to buy a mansion, some luxury cars, and send your kids to private school. But $2 million doesn't get you a private jet, 2 vacation homes, a maid, a driver, and an entourage. $2 million a year gets you a very very nice life, but it doesn't separate you from reality.
That's probably why people living in Scottsdale/PV back in 1993 saw Barkley at the local bars, saw Barkley picking up his own dry cleaning, and saw Barkley on commercial flights.
Today, that is not the case. Star players now make $30 million a year ($15 million a year after taxes) + endorsements. With the new cap, role players are making $8-10 mil a year ($4-$5m after takes).
Star players can now afford the most ridiculous perks on the planet including private jets, a fleet of exotic cars, personal porn stars, and 4-5 mansions in various cities.
Role players now live better then star players once lived.
My point, NBA players today have no concept of reality and the guaranteed contracts give them no sense of urgency.
In his MVP year, Barkley picked up his own dry cleaning. Now guys like Tristan Thompson have enough money to pay someone to get their own mail.
I love basketball and I will always be a Suns fan, but I'm not sure I will continue to support the league especially given the recent cap explosion just because I have no interest in supporting a bunch of diva crybabies that have more money then most executives yet snub their noses at fans, disrespect the media, and live in a celebrity fantasy land.
Sure, our new star Devin Booker seems like a wonderful person now, but what happens 3 years down the road when he signs his first max contract, runs through 200 groupie sluts, and has a private driver shuttling him around town? Will he still be a outgoing and personable guy, or will he turn into a giant D-bag? With $120 million guaranteed over the next 5 years, will he still drive to the basket, or will he settle for outside jumpers? Will he be content with 22ppg and a 2nd round playoff exit, or will he still be motivated to give it everything he has, put up 28ppg, and try to win in the finals?
It seems like the excess money and fame corrupts everyone. It's only a matter of time.
And in the end, aren't we all to blame? I mean, we continue to support the new generation diva athlete with our wallets and our free time. Maybe if the players don't start giving it 100% all the time like the old school greats, it's time for us all to move to a new sport?
As much as I believe in letting the market set the price of goods, services, and even NBA contracts, given the recent salaries explosion, I now have to ask: "How much is too much?"
I think that as fans really all we expect from our players is for them to play hard, play with passion, and respect the fans and media that support them and make them famous. I'm sure most of us would KILL to have the athletic talent to be professional athletes. I know that if I was 6'9" instead of 5'9" and I had more athletic talent, I would promise that I would give everything to be the best I could be. I would give it my all. I would do anything to compete and win.
Unfortunately, it seems like in today's NBA, winning is not always most important and most players don't play hard all the time. Off court activity and outside factors are more of a priority then competing. In my opinion, it's gotten much worse since the early to mid 90's. Where are the Jordan's, Barkley's, Bird's, Garnett's? Who plays with that intensity these days?
I really think that the exploding salaries are to blame for the problems with athletes today: The attitude and disrespect most have for the media and fans. The lack of effort. The laziness. The focus on off court activities and endorsements over competing and winning.
Example:
In his 92-93 MVP year, Charles Barkley made $2.4 million. That's about $1.2m after taxes and agent fees. Now some may argue that due to inflation, $1.2m in 93 money is about $2 million today (http://www.usinflationcalculator.com/)
Still, while $2 million after taxes is a lot of money, it's not "F-U money." $2 million a year after taxes is enough to buy a mansion, some luxury cars, and send your kids to private school. But $2 million doesn't get you a private jet, 2 vacation homes, a maid, a driver, and an entourage. $2 million a year gets you a very very nice life, but it doesn't separate you from reality.
That's probably why people living in Scottsdale/PV back in 1993 saw Barkley at the local bars, saw Barkley picking up his own dry cleaning, and saw Barkley on commercial flights.
Today, that is not the case. Star players now make $30 million a year ($15 million a year after taxes) + endorsements. With the new cap, role players are making $8-10 mil a year ($4-$5m after takes).
Star players can now afford the most ridiculous perks on the planet including private jets, a fleet of exotic cars, personal porn stars, and 4-5 mansions in various cities.
Role players now live better then star players once lived.
My point, NBA players today have no concept of reality and the guaranteed contracts give them no sense of urgency.
In his MVP year, Barkley picked up his own dry cleaning. Now guys like Tristan Thompson have enough money to pay someone to get their own mail.
I love basketball and I will always be a Suns fan, but I'm not sure I will continue to support the league especially given the recent cap explosion just because I have no interest in supporting a bunch of diva crybabies that have more money then most executives yet snub their noses at fans, disrespect the media, and live in a celebrity fantasy land.
Sure, our new star Devin Booker seems like a wonderful person now, but what happens 3 years down the road when he signs his first max contract, runs through 200 groupie sluts, and has a private driver shuttling him around town? Will he still be a outgoing and personable guy, or will he turn into a giant D-bag? With $120 million guaranteed over the next 5 years, will he still drive to the basket, or will he settle for outside jumpers? Will he be content with 22ppg and a 2nd round playoff exit, or will he still be motivated to give it everything he has, put up 28ppg, and try to win in the finals?
It seems like the excess money and fame corrupts everyone. It's only a matter of time.
And in the end, aren't we all to blame? I mean, we continue to support the new generation diva athlete with our wallets and our free time. Maybe if the players don't start giving it 100% all the time like the old school greats, it's time for us all to move to a new sport?