So...I thought the NBA was in decline and losing money?

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Shock Defeat
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So...I thought the NBA was in decline and losing money? 

Post#1 » by Shock Defeat » Sat Nov 21, 2020 4:19 am

If so, why are teams giving out $80 million to Davis Bertans, or $60 million to Grant? These guys are okay role players, some are bench players. If the NBA is in such precarious position financially, how come teams are still guaranteeing millions of dollars? We just saw the Warriors pay $80 million in lux tax to acquire Kelly Oubre Jr.

This is WITHOUT any ticket revenue. How?
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Re: So...I thought the NBA was in decline and losing money? 

Post#2 » by WeTheNorth123 » Sat Nov 21, 2020 4:21 am

Inflation is going to hit hard with all the money printing so might as well lock these players up....

BTW....i dont know what im talking about lol!
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Re: So...I thought the NBA was in decline and losing money? 

Post#3 » by amcoolio » Sat Nov 21, 2020 4:21 am

I am so glad we are standing pat, this is scary

Also we are definitely taking some of these contracts for first round picks next offseason
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Re: So...I thought the NBA was in decline and losing money? 

Post#4 » by dockingsched » Sat Nov 21, 2020 4:22 am

Guessing it’s the player salary placed in escrow that basically guarantees owners get their agreed upon slice of the revenue pie.
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Re: So...I thought the NBA was in decline and losing money? 

Post#5 » by Dominater » Sat Nov 21, 2020 4:23 am

Because teams are stupid
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Re: So...I thought the NBA was in decline and losing money? 

Post#6 » by wfiles » Sat Nov 21, 2020 4:23 am

These are billionaire owners. You don't need to worry about saving them money. :lol:
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Re: So...I thought the NBA was in decline and losing money? 

Post#7 » by LakersSoul » Sat Nov 21, 2020 4:24 am

Shock Defeat wrote:If so, why are teams giving out $80 million to Davis Bertans, or $60 million to Grant? These guys are okay role players, some are bench players. If the NBA is in such precarious position financially, how come teams are still guaranteeing millions of dollars? We just saw the Warriors pay $80 million in lux tax to acquire Kelly Oubre Jr.

This is WITHOUT any ticket revenue. How?


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Re: So...I thought the NBA was in decline and losing money? 

Post#8 » by hsfolk » Sat Nov 21, 2020 4:25 am

some of these contracts are nuts
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Re: So...I thought the NBA was in decline and losing money? 

Post#9 » by KyRo23 » Sat Nov 21, 2020 4:27 am

So you have to understand that with the new cap structure and the wilting need for higher caps leads to things like this while the money is still flowing towards mid markets and I’m just making stuff up I don’t really know what I’m saying
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Re: So...I thought the NBA was in decline and losing money? 

Post#10 » by Michael Lucky » Sat Nov 21, 2020 4:31 am

1, this is no way comparable to last year. So many teams had cap space and players were making deals every other minute on Woj's twitter field.

2 The pandemic hit and the NBA decided to forego the cap hit due to the restrictions in hopes that time would allow them to recuperate their losses.
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Re: So...I thought the NBA was in decline and losing money? 

Post#11 » by Tor_Raps » Sat Nov 21, 2020 4:36 am

All the contracts players are signing will get reduced to match the agreed upon reduction correct? Still crazy tbh.
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Re: So...I thought the NBA was in decline and losing money? 

Post#12 » by Alonzo_Morning » Sat Nov 21, 2020 4:38 am

wfiles wrote:These are billionaire owners. You don't need to worry about saving them money. :lol:


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Re: So...I thought the NBA was in decline and losing money? 

Post#13 » by JordansBulls » Sat Nov 21, 2020 4:39 am

This is crazy. John Stockton in 1998 made $5 million a year.
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Re: So...I thought the NBA was in decline and losing money? 

Post#14 » by ChuckChilly » Sat Nov 21, 2020 4:40 am

This same thread has been getting made every free agency period for like the past 10 years now.
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Re: So...I thought the NBA was in decline and losing money? 

Post#15 » by Kurt Heimlich » Sat Nov 21, 2020 4:44 am

WeTheNorth123 wrote:Inflation is going to hit hard with all the money printing so might as well lock these players up....

BTW....i dont know what im talking about lol!


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Re: So...I thought the NBA was in decline and losing money? 

Post#16 » by Teal25 » Sat Nov 21, 2020 4:48 am

These deals are straight stupid. They’ve learned nothing from 2016. Oh well can’t wait to rebuild with so many 1st round picks for us next offseason.
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Re: So...I thought the NBA was in decline and losing money? 

Post#17 » by DavidSterned » Sat Nov 21, 2020 4:50 am

ChuckChilly wrote:This same thread has been getting made every free agency period for like the past 10 years now.


First one in the midst of a pandemic-induced economic collapse, though.
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Re: So...I thought the NBA was in decline and losing money? 

Post#18 » by Yuri Vaultin » Sat Nov 21, 2020 4:50 am

In fairness, I haven't seen Allen Crabbe money thrown around quite yet.
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Re: So...I thought the NBA was in decline and losing money? 

Post#19 » by Duke4life831 » Sat Nov 21, 2020 5:26 am

The big money hit wont happen if the NBA doesnt turn around its ratings and the new TV deal kicks in.
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Re: So...I thought the NBA was in decline and losing money? 

Post#20 » by Parataxis » Sat Nov 21, 2020 5:37 am

Tor_Raps wrote:All the contracts players are signing will get reduced to match the agreed upon reduction correct? Still crazy tbh.


Yup, exactly. These numbers are only meaningful insomuch as to how they compare to the other players. But the owners (as a collective) will spend the exact same amount on player salary (give or take a couple million) if they sign players to 80 million deals, or 12 million deals.

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