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Morey might have cost the nba 4 billion dollars

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Air Langhi, Oct 8, 2019.

  1. Pistol Pete

    Pistol Pete Contributing Member
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    Usually Morey hands out first round picks to get out of bad situations....
     
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  2. Le$$

    Le$$ Member

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  3. Swapshop

    Swapshop Member

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    Good.. About 90% of this forums says that Tilman is too cheap. Well now he is letting his money go like you all wanted. Win/win.
     
  4. StevieCrossover

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    Looks like the Mighty Shanghai Ducks dont have to take a beating from the Rockets in pre season no more.
     
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  5. TilmanFinancialWindfall

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    No way he resign, he would lose guaranteed contract

    And now Morey is winning and the next Great American hero.

    Morey for Prez 2024

    Book it
     
  6. cdrive

    cdrive Contributing Member

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    Freedom costs a buck o' five.

     
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  7. KingLeoric

    KingLeoric Member

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    Good thing is now there is more reason for American fans to root for the Rockets.
     
  8. 13BeardsIN1

    13BeardsIN1 Member

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    bad thing, the NBA has more reason to hate how Daryl operates.
     
  9. TimDuncanDonaut

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    Maybe some contracts go to 20 years. The Tencent +1.3 billion is five years.

    That one by itself is somewhere around 8.3 mil, per year per team.

    1.3 billion /30 teams /5 years
     
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  10. heypartner

    heypartner Contributing Member

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    not exactly. You need to cut that in half again. The BRI is a 50/50 split between owners and players. So, it should translate into 4.2 mil loss to owners, via 4.2 mil less obligation to pay the players via a drop in the salary cap, max salaries, etc.

    That is to say, less revenue comes with less spending. Obviously, a team like the Rockets is locked into contracts, but the CBA is designed to make sure the players as a pool get 50% of the revenue each year.

    If the 10-15% salary cap reduction numbers (as worse case scenario) hold, it puts the NBA back to 2018 revenue, cap and spending levels. Not like it knocks the NBA back into dark ages or something.
     
    #90 heypartner, Oct 11, 2019
    Last edited: Oct 11, 2019
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  11. TimDuncanDonaut

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    Yes, I did think of the 50/50, so by org / team that included the players. Was replying from phone so I didn't feel like typing all that out.

    Big market cities like NY, LA CHI, MIA, GSW and HOU really deserve more revenue (higher ratings). But NBA cares about the little guys.
    --
    Reporter: "Daryl, what are your thoughts on small market teams' ability to attract superstars?".

    Daryl: "I don't care, I'm not in one".
     
  12. JayZ750

    JayZ750 Contributing Member

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    This... and other marketing contract impacts to the PLAYERS is why I’d be somewhat concerned about DM as a GM going forward. Probably. It a lot of friendly faces when you cost dudes millions of dollars.

    Sure... these guys should put in their morethananathlete masks and back DM, but Wen know they care more about the $$$
     
  13. J.R.

    J.R. Member

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    Rockets Could Lose $25 Million This Season Due To Sponsorship Boycotts In China

    The Houston Rockets could lose as much as $25 million due to sponsorship boycotts in China following Daryl Morey's retweet supporting Hong Kong protesters, league sources told Marc Stein of The New York Times.

    Yahoo! Sports reported earlier this week that some teams project a 10-15% drop in the 2020-21 salary cap due to the conflict.

    Also uncertain is how the controversy will affect NBA players signed to Chinese sneaker companies. Several players earn between $2 million and $10 million from deals with Anta, Peak, and Li-Ning, sources told Stein.

    Though the immediate economic impact could be overblown, according to Rick Burton, a professor of sports management at Syracuse.

    “The presumption that there’s been an immediate loss — I think that number is much lower than the crazy numbers that have been thrown around ... the bigger question is what’s the long-term ripple effect here," said Burton.
     
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  14. heypartner

    heypartner Contributing Member

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    Yeah, that jives with my per-team back of the napkin calculations.

    Obviously though, he’ll replace some of that loss with other sponsors


    fwiw: there is also revenue-sharing in NBA. So, profitable teams pay into a pool. We don't really know what Tilman actually earns after rev sharing calculations. The real question is how much Tilman loses after his revenue sharing payment/credit into the pool. It's probably not 1:1 loss in sponsorship.
     
    #94 heypartner, Oct 13, 2019
    Last edited: Oct 13, 2019
  15. J.R.

    J.R. Member

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    https://finance.yahoo.com/news/nbas...a-substantial-adam-silver-says-161828430.html

    NBA Commissioner Adam Silver said on Thursday the consequences stemming from the political firestorm with China have been “fairly dramatic,” as the government curtails the country’s lucrative relationship with professional basketball.

    The league has been battered by its response to a now-deleted tweet by Houston Rockets general manager Daryl Morey, who publicly voiced support for protesters in Hong Kong. The October 4 post sparked a furor that prompted Beijing to yank the NBA off the air, and drew Los Angeles Lakers superstar LeBron James into the fray.

    “The losses have already been substantial,” Silver said, speaking at the TIME 100 Health Summit. “Our games are not back on the air in China, as we speak, and we’ll see what happens next.”

    Silver said he has been traveling to China for the past 15 years, and felt the league had made significant inroads in the country that could now be undermined by the controversy.

    “I felt we had made enormous progress in building cultural exchanges with the Chinese people and I have to regret that much of that is lost. I’m not even sure where we’ll go from here, but..the financial consequences have been and may continue to be fairly dramatic,” he added.

    Silver said the league has been on air with CCTV in China for more than 30 years, and more than 600 million people watched last season.

    The NBA and its players have come under widespread criticism to their response to the original tweet by Morey, who has since apologized.

    “We recognize that the views expressed by Houston Rockets General Manager Daryl Morey have deeply offended many of our friends and fans in China, which is regrettable,” NBA chief communications officer Mike Bass said in the wake of the controversy.

    The league’s initial response using the word “regrettable” sparked further controversy about the NBA’s stance on free speech, but Silver said the statement was targeting the Chinese fans who were upset by the original tweet.

    Silver said the league stood up for Morey’s right to free speech by making it clear to the Chinese government that he would not be penalized.

    The NBA’s top official said he felt that Chinese fans understood there was a difference in a platform for expression and government platforms.

    “I didn’t see it as my role as commissioner of the NBA to weigh in on the substance on the protest,” Silver said.
     
  16. ipaman

    ipaman Contributing Member

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    In other words... China is being a little beyotch!
     
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  17. J.R.

    J.R. Member

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  18. Red Hova

    Red Hova Member

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    Isn't Duncan Robinson Spurs bound?
     
  19. Batman Jones

    Batman Jones Contributing Member

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    FIFY
     
  20. BallSoHarden

    BallSoHarden Member

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    They can have New Jersey
     
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