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Cheap Tilman catches another break...

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Hardy Toll Road, Aug 8, 2019.

  1. Highlyrated

    Highlyrated Member

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    I think you are to something,this just makes russ earn the money instead of just giving it away ,many players slack off ,maybe bcuz of cp3 last year
     
  2. thekad

    thekad Member

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    Broke boy
     
    Hardy Toll Road likes this.
  3. PeterKingX

    PeterKingX Member

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    We can’t win championship with this cheap owner.
    I feel bad for James Harden.
     
  4. ROXTXIA

    ROXTXIA Contributing Member

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    Westbrook when hearing the request: Oh, s**t....
     
  5. justtxyank

    justtxyank Contributing Member
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    He gets all of the money no matter what, this just changed the schedule so Tilman doesn't have to come up with the cash right now.
     
    joshuaao, amaru, Acura and 2 others like this.
  6. YOLO

    YOLO Member

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    Tilman puts WB's salary on a layaway plan lol
     
  7. Hardy Toll Road

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    I will be having dinner at Saltgrass tonight to help out ole broke boy
     
    Acura likes this.
  8. DrNuegebauer

    DrNuegebauer Member

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    Can someone tell me how this actually "helped facilitate the trade"?

    Was it something like this? (pure speculation)
    Of his $38.6mill salary Westbrook was due to be paid in the following way:
    August $19mill
    September: $6mill
    Rest of months: $1.36mill

    And possibly it was changed to:
    Every month: $3.22mill

    I'm assuming Tilman would prefer it that way so he doesn't have to shell out up front, and can smooth the payment schedule?
     
  9. justtxyank

    justtxyank Contributing Member
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    Don’t know the exact schedule but yes, it was done to adjust the schedule to spread out payments so we don’t have to fork over all the cash up front
     
    don grahamleone likes this.
  10. napalm06

    napalm06 ESPN-Level Analyst
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    run Clutchfans.exe:

    if story is financially beneficial to Rockets

    then post thread about Tilman is cheap
     
    joshuaao, Hou.SportsFan and Sep11ie like this.
  11. Sep11ie

    Sep11ie Member

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    I'm pretty sure it's the broke/poor money managing posters that Bitch about Tilman and the financially responsible/ more well off posters that understand his moves.
     
    Richie_Rich and amaru like this.
  12. TilmanFinancialWindfall

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    Wow. Confirm Ed Tian don't have money to pay for contact. layout at Kmart.

    Meanwhile, Draymond Green made Warriors owner pay him 50 percent of contact up front so he can invest that money immediately
     
  13. TilmanFinancialWindfall

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    Maybe WB doesn't understand interest


    $40 million invested at 3 percent CD means WB is giving $1.2 million each year to Tilman. Compound that interest and he might be giving owner over $20 million lifetime
     
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  14. cheke64

    cheke64 Member

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    That's smart. Try Russell for 1 or 2 years and if it doesn't work then unload him.
     
  15. daywalker02

    daywalker02 Easter Egg Hunter - Tell me why? نحن عائلة
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    He finds creative ways to save money, potentially get under the tax.....you have to give him credit.
     
  16. justtxyank

    justtxyank Contributing Member
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    Don’t think anything is being deferred to later years just spread out over each season instead of big up front payments each year
     
  17. PlayBall

    PlayBall Member

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    He might not, but you gotta assume his agent does...
     
  18. TilmanFinancialWindfall

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    Maybe his agent is BJ Armstrong like...lol. Poor DMO.


    meanwhile, Draymond ain't having none of that lay away payment crap from Billionaire Owners. He ain't no fool.

    He understand COMPOUND INTEREST:

    Source: Draymond Green has nearly $50 million in "advance payments" in his nearly $100 million extension, which means he'll get 25% of his annual salary on July 1 of each league year, another 25% on October 1, and then the remainder paid out in installments throughout the season.

    3:31 PM - 7 Aug 2019

    I think NBA should investigate Warriors for trying to skirt the salary cap. Give the salary upfront, so they are actually receiving more money(The player), but it's less tax for the owner since Green took less than what he could have gotten if he didn't sign the extension
     
    Clips/Roxfan likes this.
  19. J.R.

    J.R. Contributing Member

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    KingCheetah likes this.
  20. Gray_Jay

    Gray_Jay Member

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    I am confused. Is Westbrook changing the amount of money he's owed each year, putting more of it towards the end of the contract, but still being owed the same sum over all 4 remaining years? (I don't believe Bobby Bonilla-esque stretching the contract monies owed over ~20 years is allowed in the NBA) Or is Westbrook merely agreeing to get paid the same amount as before for each year, just taking it at the end of the year or whatever his actual arrangement is?

    One setup potentially allows for more team salary this year, with a lower luxury tax bill, at the cost of a much greater bill in subsequent years. The other is indicative, to me, of a cash flow problem on the part of the Rockets. I mean, what does it matter whether WB gets 38 million, or whatever he's owed, as 82 game checks, or as one lump sum at the end of the 2019-20 season? (Hopefully while raising the O'Brien Trophy.)
     
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