Are the Mavs free spending days coming to an end???

You can thank guys like Abdul-Wahad, Bradley, and LaFrentz. Oh ya, NVE makes the max I believe as well.

 

But isnt 20 million dollars to him like 100 dollars to me.

I have spent 100 dollars plenty times on hobbies of mine.

 

I don't think you get to be a billionare by treating 20 million dollars like 100 dollars.

 

That's why you're talking about 100 dollars to spend and he's wealthy enough to lose $20 million.

 

are you serious?? Van Exel?? He's not even a franchise player. If that is true, i think he beats out Cato for being the most overpaid player.

 

I know he's making like 11-12 mill this year. Which is either max, or close to it.

You can thank Denver for signing him to that contract.

 

Quote of the day.

 

This is not surprising. This is one of the reasons that Cuban nixed a potential NVE for Brian Grant trade earlier this year. Cuban did NOT want to commit to Grant's HUGE contract. He would only do that for someone that he knew would put the team over the top and get them into the finals and felt that while Grant would certainly help the team, Grant would not be able to get teh team over the top.

Looking at the Mavs during the playoffs it is obvious that NVE is a big part of this team. It is Raef LaFrenz that needs to be shopped that isn't providing jack squat for this team.

 

I don't trust Mark Cuban saying the Mavs lost $20m any more than I would have trusted an Enron exec telling me his company made $20m. I'm sure somewhere on Cubans P&L statement there's a $20m loss, but I'll bet that's not the bottomline figure.

$72+m payroll
+ ~ $3.4m AAC yearly co-lease fee
+ ~ $4.0m/yr for 20 years of original lessor costs to build
- $1m co-lessor share of AAC naming rights
= ~ $78.4M / 19,200 seats = ~$100 per seat per game breakeven.

By agreement, Mavs and Stars keep all revenues and are responsible for all costs of operations and maintenance. Let's suppose a far fetched scenario where all revenues equal the operations and maintenance costs of AAC...a real stretch...

Now, the NBA doles out the shared revenues for TV, marketing, etc., there's a yearly $20m loss? IMO, Pure BS.

 

yet he's still a better pg and creator than sf.

 

Van Exel has carried his team so far through the playoffs. If it wasn't for Exel the Mavs would be home already. I'd certainly say Cuban's getting his moneys worth.

 

those wouldn't include the local establishments?

 

Maybe on their accounting statements. The guy is making money. I recently researched a public professional team's filings. (That is what I do for a living). Don't believe what these owners are saying. HE IS NOT LOSING $20 MILLION. The Mavericks are definitely cash flow positive. He is using a discount rate that is too high. He is probably using the a discount rate that one uses for companies that have filed bankruptcy. Legally, he may be telling the truth but at the end of the day, he is taking money home after paying his bills.

 

100% agree. And if the Webber-less Kings dump them out of the playoffs, we'll see even more $ being spent.

 

Don't forget that Evan Eshmeyer is making mad cash too and barely ever got off the bench this year.

I don't think that $20 mill is a big deal to Cuban. He's going to do whatever it takes to make the Mavs a champion, and if that includes losing some cash, so be it. He just needs to learn that Nelly wouldn't know a decent post player if Shaq hit him in the face. He needs to quit throwing his money away on scrub centers...