If you were an NBA player would you care about winning?

[Lala870]

If I was an NBA player I would realize how overpaid I was and how I am basically an overpaid circus jester for billionaire business tycoons.

[Sane]

This is why NBA players need better financial training. Most money is made off the court these days. Winning titles is the kind of equity you can capitalize on for a decade or two after retiring. As an entrepreneur, give me a 3x champion with $100m over a 0-time champion with $140m. I will multiply the first guy's money much easier than the second guy.

Taking the most guaranteed money right now is always the least total amount of money you'll make and it makes sense. It's your best option if what you plan to do in your mid 30's is just retire and spend what you made while you earn interest on it. Most humans though will get to that age an feel unfulfilled so they will either start to invest seriously or they will spend on wasteful things to fill the void.

This is just wild...

Most guys who get into the NBA aren't making anything material off the court. Just over 500 guys played last year. Do you think the bottom 400 made more off the court? Hell I doubt outside of the top 50 the made more off the court and I"m not even sure all of the top 50 made more off the court. And 100 million? You're not making 100 million even. Most guys who make the league get 3-4 years at the min and/or are in and out of the G league.

You're like the girls who assume if they were a guy they'd be 6'4 with a trust fund, full head of hair, and ripped abs that they didn't even have to work for.

Or you're just a kid talking **** and I'm a certified investment analyst AND full time marketer. Keep the snark in check and pick up a notebook.

It's way more than 50 players who are making money off the court, and what those players make off the court dwarfs what the rest of the NBA makes on the court. That's all getting monetized, the list grows every day. Tons of NBA players have products, product partnerships, lesser shoe companies have emerged, there are podcasts, analyst jobs, etc. Any player can make money. A player struggling to make an NBA roster can easily make money even after they retire. Hell there are content creators who never had a chance of making the NBA, now with shows that have NBA stars as guests.

People with your mindset of course will never make the money unless you win the lottery. However NBA players are not regular people, they are by definition battle-tested guys who have tasted wealth and if you know anything about wealth you know that there's no going back. They all want more and they want money for decades after they retire too. The idea that they should just take the safe option is something they taught you in school or university because those are employee factories and they're not made for entrepreneurship.

On top of all that, the championship minded ones are less likely to go broke. If you're a hoarder you're just going to be eating from that pie while your spending habits grow. If you're championship minded you are going to be an excellent business partner. You will make more money as a champion than as a non-champion after the NBA for decades. This is a new world, players have gotten smarter but a lot of them don't learn anything till after they retire. I've seen what they teach these NBA players about financial management and it's abhorrently outdated and it's designed for them not to understand that they are worth a lot more than what they're told. They are walking equity.

If you don't know how to do it, that's ok, but don't assume that because you can't do it that it's not being done. That's your ego talking.

[G R E Y]

Yes.

[Lalouie]

I would

but i think but at the very least 50% of the league doesnt. thats the non playoff half. then 75% of the others dont

[picko]

I think it would realistically depend on what my salary level and job security was. If I'm 25 and I have a choice between earning the minimum ($1.2m) for a genuine contender (playing limited minutes for say OKC) vs $5m a season for a garbage team (let's say the Wizards) then I"m probably going to choose the latter. I have no idea how long my career would be and I'd like to ensure I have set myself up financially for life.

Alex Caruso basically made that choice a few years back when he signed with the Bulls.

If I'm a legitimately good player - earning eight figures a season - then I think the thought process changes. I still want opportunity, but I also want to play meaningful games and so naturally a well-run team would have greater appeal.

Given two equal choices, however, I'd like to think I'd prioritise the decision that would give me the best opportunity to win a championship or make consistent playoff runs.

[dhsilv2]

This is why NBA players need better financial training. Most money is made off the court these days. Winning titles is the kind of equity you can capitalize on for a decade or two after retiring. As an entrepreneur, give me a 3x champion with $100m over a 0-time champion with $140m. I will multiply the first guy's money much easier than the second guy.

Taking the most guaranteed money right now is always the least total amount of money you'll make and it makes sense. It's your best option if what you plan to do in your mid 30's is just retire and spend what you made while you earn interest on it. Most humans though will get to that age an feel unfulfilled so they will either start to invest seriously or they will spend on wasteful things to fill the void.

This is just wild...

Most guys who get into the NBA aren't making anything material off the court. Just over 500 guys played last year. Do you think the bottom 400 made more off the court? Hell I doubt outside of the top 50 the made more off the court and I"m not even sure all of the top 50 made more off the court. And 100 million? You're not making 100 million even. Most guys who make the league get 3-4 years at the min and/or are in and out of the G league.

You're like the girls who assume if they were a guy they'd be 6'4 with a trust fund, full head of hair, and ripped abs that they didn't even have to work for.

Or you're just a kid talking **** and I'm a certified investment analyst AND full time marketer. Keep the snark in check and pick up a notebook.

It's way more than 50 players who are making money off the court, and what those players make off the court dwarfs what the rest of the NBA makes on the court. That's all getting monetized, the list grows every day. Tons of NBA players have products, product partnerships, lesser shoe companies have emerged, there are podcasts, analyst jobs, etc. Any player can make money. A player struggling to make an NBA roster can easily make money even after they retire. Hell there are content creators who never had a chance of making the NBA, now with shows that have NBA stars as guests.

People with your mindset of course will never make the money unless you win the lottery. However NBA players are not regular people, they are by definition battle-tested guys who have tasted wealth and if you know anything about wealth you know that there's no going back. They all want more and they want money for decades after they retire too. The idea that they should just take the safe option is something they taught you in school or university because those are employee factories and they're not made for entrepreneurship.

On top of all that, the championship minded ones are less likely to go broke. If you're a hoarder you're just going to be eating from that pie while your spending habits grow. If you're championship minded you are going to be an excellent business partner. You will make more money as a champion than as a non-champion after the NBA for decades. This is a new world, players have gotten smarter but a lot of them don't learn anything till after they retire. I've seen what they teach these NBA players about financial management and it's abhorrently outdated and it's designed for them not to understand that they are worth a lot more than what they're told. They are walking equity.

If you don't know how to do it, that's ok, but don't assume that because you can't do it that it's not being done. That's your ego talking.

Well as a CFA...the only actual cert in the investing world that matters. You're down right lost man. Now if you're saying they should invest, I read that more along the lines of endorsements. But even then...about 550 guys played in the nba last year. 550. About 260 guys in the league last year had deals guaranteed under 5 million total. And yeah sure, if these guys put all their money into the market perhaps over time blah blah. And I'm just looking at basketball reference where I'm guessing a LOT of these deals are overrated because they're annualized numbers and the players are going back and forth between G league and the league.

The vast majority of people who get into the league are not going to make serious wealth.

Kinda like when people talk finance. Everyone is thinking private equity, investment banking, hedge funds, corporate CFO's, and they forget financial advisors and admin roles which makeup the majority of finance. Just like the guys struggling to stay in the league makeup the majority of nba players.

[Bush4Ever]

I would care about it, but not to the extent of making a major tradeoff against cold, hard earning potential during a limited career.

A minor tradeoff? Possibly, especially in advanced years if I had banked/situated myself correctly in prior years.

I think every man should strive to be high-performing in their job/career, but I don't think ringzzzz or even team success exactly reflects that idea, which is where the disconnect might come in. I think there are plenty of players on 30-52 type teams who are working hard, busting humps in the offseason, etc...and just have the misfortune at being in a mediocre situation.

[Doctor MJ]

When I was younger I would think, of course, why wouldn't I want to win championships and be a successful player, but as I think about it more, why? You get paid the same regardless. Would you rather be Jordan Poole, getting paid millions, getting featured on offense, and not having to deal with any pressure to win, than say a Obi Toppin, who is playing all the way into June when he could have been on vacation since mid April.

You are signing up for 2 more months of grueling playoff games every other day, not getting paid extra, and exposing yourself to crushing Playoff defeat which will hurt even more.

Meanwhile, Poole is chilling and living the life probably on a yacht somewhere. He is prioritizing his family, friends, you know, the things in life that matter more while Toppin is away from his closest people.

WDYT? Is winning overrated?

I would absolutely care if only for what it means after I retired.

Fans tend to think of these guys as set for life, which we know often is not actually the case, but even if you are, you’re going to want to be in demand for the many decades of life after retirement.

So for example, I’d rather have Myles Turner’s career than a typical low-tier all-star. Dude’s set up to be beloved in Indiana forever.


Sent from my iPhone using Tapatalk

[Broadcaster]

I think a lot of players care less than we think. With the right eyes you can see who cares.

[infinite11285]

Jordan Poole is a champion.
And he was an important part of that championship.
His play decided his contract.
Poole is a champion.

Familiar with career earnings? Let's just say that I would MUCH rather be Ben Simmons than Jordan Poole.