Lance Stephenson signs with Hornets - 3 yrs / 27 m

If the salary cap rises, which it probably will incw the TV deal is revamped in a few years, even if he doesn't become a breakout star he stands to recoup the 17 mm over his next deal.

Also I don't think Indy really wanted him back, hence the low ball.

 

Great deal, I think he didn't want to come to houston and play with/behind harden

 

LOL, what?? They'll be a decent playoff team in the east, but seriously?

 

Tony Adragna @tonyadragna · 21m

After calculating Indiana & North Carolina income tax, it seems as though Lance would have made about $100,000 more/year in Indy.

Don't blame Larry, don't blame Lance, but hope to god Lance uses some of that money to get himself a more competent agent.

 

I thought it was a pretty obvious case of I want out (those things happen...haha), and this way he can be the focus of the perimeter offense and not living under someone else's shadow (that happens too...lol).

 

I love all of these twitter CPAs who think that all you have to do is multiply the difference between the top marginal rate between the two states by the annual salary and voila....

That's
Not
The way
It works.

 

kemboy
stephenson
gayward
fat al
biyombo?

bench:

gary neal
henderson
kidd gilchrist
cody zeller
vonleh

+jeffery taylor the swedish mj

that team is stacked lol

 

wasn't he a restricted FA?

 

He would been ideal on the Rockets!! You close games with:

Lance
Harden
Ariza
TJ
Howard

Or you go real small

Bev
Lance
Ariza
Harden (PF)
Howard

 

lol, must sting for cuban.

deng 2/10 mil per
stephenson 3/9 mil per
ariza 4/8 mil per



Parsons 3/15 mil per

hahaha

 

<blockquote class="twitter-tweet" lang="en"><p>Some updates re: Lance Stephenson's signing with the Charlotte Hornets...</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489412482306306051">July 16, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Per his agent, <a href="https://twitter.com/hashtag/Pacers?src=hash">#Pacers</a> offered Lance two deals. Both for 5 years, but Lance's side wanted shorter term</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489412597926461440">July 16, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Lance's agent: &quot;We’re betting on Lance and not against Lance. So if he had to take a little bit less, he was willing to do that...</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489412789358690304">July 16, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>&quot;...But you don’t want to take a little bit less and play your entire basketball prime, the next five years for a lower amount of money.&quot;</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489412821558378496">July 16, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Also, Lance's agent said there had been several talks with the <a href="https://twitter.com/hashtag/Pacers?src=hash">#Pacers</a>, the last one happening a couple days ago but...</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489412992627253248">July 16, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Agent: &quot;They made an offer and then they went out and while I thought we were still at the table, they made some other deals…&quot;</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489413278829797376">July 16, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>&quot;…which gave them less flexibility. I can respect that, it's business.&quot; -- Lance's agent</p>&mdash; Candace Buckner (@CandaceDBuckner) <a href="https://twitter.com/CandaceDBuckner/statuses/489413393237831681">July 16, 2014</a></blockquote>
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What?? He's not offended by them making other deals???

 

hahahahahahaha. :grin:

 

$9 million in salary... $56 million in new Jordan Brand endorsement...

 

I think MJ will have a great impact on lance. Great deal for the hornets

 

Lance left for more money. The Indy deal averaged out to 8.8 mil per year but the 1st year is only around 7.5ish if I remember correctly.

 

Wait, so he's not restricted? He's 100% with the Hornets now?

 

Hornets fans getting a nice new era New jerseys, old name1

 

8.8 million per year for 5 years guaranteed vs. 9.0 million per year for 2 years guaranteed.

That 200K/year also disappears when you consider the higher state income tax rate in N Carolina.

He just wanted to play somewhere else, simple as that.

 

<blockquote class="twitter-tweet" lang="en"><p>Indy, I had a great 4 years. Thank you Larry Bird, the fans, my coaches and teammates for the incredible ... <a href="http://t.co/9DcRknGQs8">http://t.co/9DcRknGQs8</a></p>&mdash; Lance Stephenson (@StephensonLance) <a href="https://twitter.com/StephensonLance/statuses/489434538192285696">July 16, 2014</a></blockquote>
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