/ Oct 6, 2014 / 12:15 pm
With the news of the gigantic new TV-rights deal making waves last night and this morning a number of issues now take center stage. Perhaps the biggest one gripping the owners — in between ordering larger yachts and personal jets after Adam Silver announced the deal — is the salary structure currently in place. It seems the league’s premier talent, LeBron James could team with the head of the Player’s Union, Chris Paul, in an attempt to eliminate any maximums on player contracts. Read More »
An announcement was expected today, but no one saw this figure coming. In a move that surprised prognosticators who envisioned a jump in the NBA’s TV-rights deal, but not this large an increase, the NBA will be paid $24 billion over the nine years of their contract with Turner (TNT) and Walt Disney (ESPN/ABC). Read More »
/ Jul 16, 2014 / 2:00 pm
When LeBron James signed his two-year, $42 million contract with the Cleveland Cavaliers earlier this week, knee-jerk reactions were those of frustrated confusion – if he was actually committed to the Cavs, why would LeBron sign a short-term deal that ensures he’ll become a free agent in two summers?
No matter what his detractors believe, the answer has nothing to do with James’ desire to flee Cleveland a second time; it’s all about LeBron and his camp expecting a significant spike to the salary cap when the NBA signs a new TV deal for the 2016-2017 season. And according to the Wall Street Journal, the league stands to benefit financially from that agreement even more than previously anticipated. Read More »
/ Aug 28, 2012 / 4:00 pm
Let’s say, for argument’s sake, that the Oklahoma City Thunder do not attempt to re-sign James Harden next offseason. Before you scoff at that possibility, know this: OKC has approximately $58.5 million committed to six players in 2013-2014: Kevin Durant, Russell Westbrook, Serge Ibaka, Kendrick Perkins, Nick Collison and Thabo Sefolosha. Read More »
/ Aug 15, 2012 / 11:00 am
This according to ESPN’s Henry Abbott and luxury tax guru Larry Coon. The latest collective bargaining agreement was designed to keep teams under the salary cap – while going over is permitted under the “soft” cap rules, mostly to re-sign superstars and keep teams together for years, ultimately any team with the money can go well overboard. And that’s what the Lakers have done this season. Read More »
Kevin Durant, Russell Westbrook, James Harden and Serge Ibaka have grown up together on OKC, forming a young, athletic and cohesive core capable of winning multiple championships down the road. Except, this isn’t baseball, and that pesky old salary cap could put a dent in their championship plans. Kevin Durant and Russell Westbrook are both locked up long term, and James Harden and Serge Ibaka are up next in the 2013 offseason when both players will become restricted free agents. Read More »
/ Aug 3, 2012 / 11:00 am
Yesterday, we brought you our list of the top 25 most overpaid players in the League. Today, we’re taking a break from condemnation and doling out some praise. Although the number is smaller, plenty of NBAers deserve a little more cash. Whether it’s because they’re on their rookie contracts or they exploded after signing a long-term deal, some guys could have some serious contract gripes. Here are, in our estimation, 25 of those underpaid players, beginning with No. 25. Read More »
/ Aug 1, 2012 / 12:30 pm
Value. That’s the NBA buzz word these days, as teams fight to reconcile market value with actual value. More often than not, it’s the market that dictates these gargantuan deals. Competing buyers drive up the price, and we’re left with Rudy Gay earning more than $19 million in one season. The most recent collective bargaining agreement sought to curtail such overspending. But alas, it couldn’t. This offseason, there’s been the usual batch of head-scratching contracts and personnel decisions.
Now that free agency is all but over, we’ve decided to compile the worst of the worst – the top 25 NBA players who, simply put, are making WAY too much money relative to their on-the-court value. Of course, this list is up for debate, and plenty of names were left off in favor of others. But it’s an interesting metric to measure your team’s financial intelligence – 19 teams made the list, with a few repeat offenders (Los Angeles Lakers, Brooklyn Nets, Golden State Warriors). Read More »
I’ll make this quick, so everyone can get to yapping in the comments.
Ignore, for a moment, the transcending popularity, jersey sales, and other peripheral reasons for the continued marriage of Jeremy Lin and the New York Knicks. No need to beat a dead horse. One thing above all else has bothered me a ton, and that’s the perception that Jeremy Lin’s cap number in year three of his offer sheet immediately nullfies the financial agreeability of the deal. Really, that’s what all this debate boils down to. So let’s, for a moment, replace myth with fact. Read More »