ImageImageImage

Financial benefits to being a champion

Moderators: bisme37, Froob, Darthlukey, Shak_Celts, Parliament10, canman1971, shackles10, snowman

User avatar
armageddon
Rookie
Posts: 1,168
And1: 0
Joined: May 25, 2006

Financial benefits to being a champion 

Post#1 » by armageddon » Wed Jul 2, 2008 2:54 am

Does anyone know how much extra cash the Celtic's players received from the playoffs. With 26 extra games, they should have made a couple million each. There will also be endorsement opportunities to some of these guys who are now household names and faces.
So when the C's offer a MLE, its not the same as someone like GS offering it. This may have a huge advantage to getting CM and Posey.
Posey with a 5-yr non-bird exemption for about 22.5 mil plus the playoffs (very comparable to a 3-yr full MLE of 18mil).
Corey for the full MLE plus playoffs.
User avatar
MyInsatiableOne
General Manager
Posts: 9,319
And1: 180
Joined: Mar 25, 2005
Location: Midwest via New England
Contact:
     

Re: Financial benefits to being a champion 

Post#2 » by MyInsatiableOne » Wed Jul 2, 2008 12:52 pm

Well they would have only made money off of the home games directly...still, that's 14 extra home dates to make some cash. I'd think they made out OK!
It's still 17 to 11!!!!
LongTimeFan
Analyst
Posts: 3,227
And1: 292
Joined: Jul 17, 2003

Re: Financial benefits to being a champion 

Post#3 » by LongTimeFan » Wed Jul 2, 2008 2:15 pm

20,000 seats at about $200 per seat is $4 million a game. That's about $56 million.

They may not have had 20,000 seats and $200 gross income per seat may be a bit high. But I think all the various interested third parties had to cough up some cash to the Celtics along the way.
User avatar
Spin Move
Retired Mod
Retired Mod
Posts: 10,103
And1: 2,051
Joined: Sep 22, 2004
     

Re: Financial benefits to being a champion 

Post#4 » by Spin Move » Wed Jul 2, 2008 3:07 pm

We don't want to give Posey 5 million, as a pro GM told a group of us in law school, The biggest mistake people make is not with the amounts they give players but for the number of years. We don't want posey's contract extending past Ray allen's. Posey is strictly a role player, lets not forget that, once part of the big 3 are gone his value will be greatly diminished
User avatar
MyInsatiableOne
General Manager
Posts: 9,319
And1: 180
Joined: Mar 25, 2005
Location: Midwest via New England
Contact:
     

Re: Financial benefits to being a champion 

Post#5 » by MyInsatiableOne » Wed Jul 2, 2008 3:56 pm

Agreed.
It's still 17 to 11!!!!
User avatar
Luxurytaxlotterybust
Senior
Posts: 520
And1: 6
Joined: May 11, 2005
Location: Bay Area

Re: Financial benefits to being a champion 

Post#6 » by Luxurytaxlotterybust » Thu Jul 3, 2008 8:47 pm

Winning = $$$
"THERE'S A STEAL BY BIRD! WHO GIVES IT TO DJ. WHO LAYS IT UP AND IN!"

Return to Boston Celtics