loserX wrote:HartfordWhalers wrote:loserX wrote:
But for the teams he wouldn't leave, wouldn't his value be higher? I dunno, I think as long as you have a market of more than one (since some lunatic can always make an "unreasonably" high offer), you can't set trade value by the lowest bid.
I agree with that. But with his free agency, I think Lebron goes where he wants and deflates his whole market. So teams would pay more for Durrant.
I guess it depends where you think would be convinced Lebron wouldn't ditch them.
Then rule out the ones with zero assets, and you are left with who exactly offering what?
This is an interesting comment and I'm not sure how I feel about it.
If me and my two buddies go to a Mercedes dealership and try to buy a 2014 C- Class, and I'm able to make my top bid of say $2,400
because that's all I have, does that mean that $2,400 is the value of the C-Class? Even to me?
I know if I make that offer to the dealer, he's probably going to punch my face and the face of everyone I've ever spoken to. I know what I think that car is worth, I just don't have the money. Is my assessment of the car's value automatically meaningless just because I can't actually pay it?
I will probably be debating this one with myself for a while, so thanks for that...
To extrapolate further, the dealer can punch you because he knows there is another buyer out there in the market. For Lebron, given his contract I'm not sure there are those other buyers out there.
Think of it like a rare comic book/toy/something that a young child thinks is worth millions. However, everyone with millions is not at all interested at remotely that price. Does the value ascribed by those not in the market matter? Obviously, if there were an absurdly rich child that could bid the price up, then this would matter. But in that absence, I think it matters more what the adults will actually pay, than what the children wish they could.
And yes, the Knicks, Nets, and Lakers are all run by a bunch of children in this metaphor.
I don't think you can judge Lebron's
trade value as a simple output of his on the court production + off the court marketability to come to a value regardless of the actual market. It may not be his fault that those teams have no assets, but that is still the fact of the situation.