For all we know Finley wanted to goto the east anyways; people have been speculating Miami was the front runner for his services. Now he'll get his money sooner while playing for the team he wants.
Still no confirmation this topic of this thread is actually a fact, but: http://www.mlive.com/pistons/stories/index.ssf?/base/sports-1/1124359820161591.xml&coll=1 Pistons battling Heat for Finley Thursday, August 18, 2005 By A. Sherrod Blakely AUBURN HILLS -- The Detroit Pistons and the Miami Heat squared off in the NBA playoffs in June to determine the best team in the Eastern Conference. Now, they're battling for Michael Finley, arguably the best available unsigned free agent. Although several media reports indicated that Detroit and Miami are joined by San Antonio and Phoenix in trying to woo Finley, three NBA officials contacted on Tuesday said that Finley will decide between Miami or Detroit. "It only makes sense that he would play for either Miami or Detroit," said a league source whose team was among those who contacted Finley's agent, Henry Thomas, after the 32-year-old became a free agent late Monday night. "They (Pistons and Heat) have the most money to offer him, and they provide him with the best chance at playing time while competing for a championship. " The Pistons and the Heat both have their $5 million mid-level exception to offer Finley, who was waived by the Dallas Mavericks as part of the league's one-time "amnesty rule" that allowed teams to waive high-salaried players and not have those salaries count against them for luxury tax purposes. The Spurs have just a portion of their mid-level exception remaining, while the Suns can only offer the veteran's minimum, about $1.1 million. While the Pistons remain in the mix, the Heat is considered the favorite to land Finley because of his many connections to the organization. Finley's agent also represents Miami's Dwyane Wade, one of the NBA's rising stars. Heat head coach Stan Van Gundy coached Finley at the University of Wisconsin, and they have remained close. And then there's the chance to play with Shaquille O'Neal, who makes any team he plays for a title contender. But, there are some drawbacks to playing for the Heat. Finley will battle defensive-minded James Posey and former Mavs teammate Antoine Walker for playing time at small forward. Finley's biggest concern with the Pistons also appears to be playing time. He wants to be a starter, but would likely play behind Tayshaun Prince in Detroit. Finley's agent did not return phone calls on Wednesday. However, through a spokesman at his Chicago-based office, Thomas indicated that Finley is looking at all his options and that there is no definitive timetable to make a decision. If Finley doesn't sign with Detroit, the Pistons will focus on free agents Latrell Sprewell, who played for new coach Flip Saunders in Minnesota, and Dale Davis, who Detroit tried to sign last season. Davis ended up playing for the Indiana Pacers.
Oh well. I just enjoy th possibility that we will be champions and miami will NEVER be champions. That's right - Shaq will never win another. If I'm wrong, I'll eat a bug.
umm...... you don't have diminishing value because of inflation.. you have diminishing value because you have too much cash, and the more you have the less its worth to you, which is false in itself. but that's the only example you could have of cash and diminishing value.. therefore, you dont use diminishing value with cash... duh!
example of cash and diminishing value aka capital depreciation: Price of Coke in 1950 ... $0.10 Price of Coke in 2005 ... $0.50 ($3.00 at Astroworld) now i understand that there may be other factors in the price difference but the basic point is that you're paying more for the same product. So while grandpa's pocket change could get you 5 cokes a while ago, now it only gets you 1. Finley can invest in a greater quantity of goods if he gets his money now, rather than ten years from now.
I knew someone would bring up the future value of money. I still wouldn't care. Not enough to prevent me from finishing my career where I wanted. The guy who said the money has no value because you wouldn't spend it is wrong in theory because the money could be invested. You could also borrow against the future cash flow but you would have to pay interest. But the spirit of of what you wrote is where I'm coming from. Correct me if I'm wrong but Cuban still has to pay this money according to the contract which is within the next three years, that just wouldn't make much difference to me. What could he offer Finley? And even he could pay it out over the next ten years, I still would play where I wanted, especially considering I would probably be getting another $5 million a year. I really can't believe the owners agreed to this, sure they save on luxury taxes which is money in their pockets, but to think you are paying someone for working somewhere else while their getting paid by their other employer is sick. And they can't even take the salary off their cap number. If I was an owner and a player I was paying came back to beat me in the playoffs I wouldn't be able to sleep at night.
Great point Jeff. Finley was a real long shot for us given all the other teams that were interested and the money as well. The next best thing for us was to have an East coast team sign him. He's too scary durring clutch time to be on the Spurs or the Suns.
