P Pat needs a new agent....
- Thread starter fla.cat
- Start date
I'm so old, I remember when $19M was a lot of money...
Totally agree. When jj redick gets 23? Million a year u know something is wrong. Although if they can keep thunders roster together they should be a decent team
It's kinda insane the amount of money what even an average NBA player can make today.
Perhaps he wanted to play for a contender? The Hawks are going to be atrocious next year.
I should of played in the NBA instead of going to college
Less for the Tax Man to taketh away, to keep it on the sunny side, but the Raptors dropped the ball. I'd want his character in the locker room. He showed a lot of maturity at UK under tough circumstances.
Its kind of more insane how much owners make. Considering that they do essentially nothing and not a single person is paying to see them.
Everyone has easily swallowed the owners propaganda (squeezing the sports media to spin to your narrative is in fact the definition of such). They set out to counter the growing strength of players unions and the resulting growth in players wages from no more than most workers to an actual % of the revenue they themselves are entirely responsible for creating...
They cooerced the media, who relied on them for critical access, into painting players as greedy and disloyal and as crazy man boys expecting to become rich playing a childs game.... The NFL did so with great effect. To this day they have a strangle hold on their players who make a tiny fraction of athletes in other sports while having shorter careers and dying young.
Instead of looking at these articles about contracts and thinking it's crazy that they make X amount.... Think about owners like Donald Sterling who bought in early for a couple hundred grand, sucked every penny they could out of their franchise with zero regard for anyone other than themselves reaping profits many times over their investment every single year, seeing those profits multiply yearly, and then selling for over 2 billion dollars only when forced to. If he had been allowed to keep it it might have been 20 billion in 20 years at this rate.
That was so far the most extreme example but all owners in these leagues make much more than their players do and eventually sell far more than they bought in for...
That isn't the result of some great innovation in business or creating something that people need or love..... Its the inevitable result achieved by any idiot who's daddy left them a fortune to play with. They didn't earn a damn penny of that money.
We have a problem with a kid who has a god given talent people want to pay to see making even half of the money he brings in (NBA is around 50%).... Seemingly no problem with a kid with a daddy given fortune making money simply because he already had a bunch.
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I don't know about Professional sports team owners, but the VAST majority of wealthy individuals in this nation achieved it through their own innovation and / or work ethic. The biggest lie told today is that wealthy people inherited it. Only a small fraction did.
I'm sure the majority of billionaire sports team owners weren't given franchises by their fathers grandfathers fortune.
It wouldnt matter anyway, The owners and players have an arrangement. The owners are allowed to set the table anyway they can. That's the best system you can have in a world where incentive is the driving force, and as long as humans exist that's what makes the wheels turn.
I'm the opposite on this one, those owners and wealthy individuals mean America works.
I completely understand your position and expect that most posters here agree with it. Likely will continue to as they watch their children and grandchildren progressively work longer and later in life for less and have less, nothing, or debt to pass on to their own children.
Couldn't agree more Msky.
Btw, thanks so much for your very kind and thoughtful posts to me on my thread about my Mom.
I hope at some point you and your Mom can patch up things up.
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