how many people do u think work in the nba admin makin 80k year doing jack chit for a job like that female exec working for the knicks do u really think she worked hard makin 125k a year cut their salaries first david we dont pay to see them i'd work for the nba for 40k just to say i work for the nba book it.
I just don't get it. Some business savvy person help me, but this still seems like a fine deal for the owners. Is overhead and staffing really that enormous to run an NBA team? Maybe so. But having 57% tied up in the core of your business (really, it's like the labor and capital combined), just doesn't strike me as that severe.
I think people are forgetting that the salary cap isn't indicative of player salaries, because it's a soft cap. If the NBA goes full hard cap, and lessen the number of guaranteed years for each contract, then salaries will drop quickly and efficiently without actually cutting the cap by 1/3. Stern's goal of reducing salary doesn't come from reducing the salary of productive players. It comes from cutting deadweights that either comes from the GM being idiots(Isiah-esque signings) or players becoming injured(Brand, Grant Hill, etc.)
LOL no. I make the drive from Little Rock to Memphis every time the Rockets come to town. And yes prices were REAL cheap a couple years ago. (I actually got half court right behind the scorers table for $100 buy one get one free. directly from the box office heheh) Last year this was not the case..
Stern is actually responsible for the NBA, it was near bankruptcy when he took over. As far as salaries go, IMHO its not really the salaries that need to be cut but rather the practice of paying people fully guaranteed contracts. The NBA contracts need to be more like the NFL where there is only a base a salary you have to pay if you cut the player from the team. This will let GMs get out of making stupid mistakes like paying Dampier 12M a year or paying Eddy Curry 14M a year. Its one thing if the injury is legit but commonly what happens is players work their asses off in their contract years then stop trying altogether once they get their big pay day (Mike James and Tim Thomas comes to mind).
If Stern really wants to recoup 700 mill, he should contribute some of that huge kickback he got when he agreed to ban those shoes from the NBA. Or more likely it was just a family favor. The Goldston twins that own that company likely knew Stern from when they were babies on account of their father being a bigwig for other shoe companies.
I think there is no chance in hell of any decent player taking a non guaranteed contract. If the NFL players were smart they would try to get a guaranteed contracts as well, but they are pretty dumb compared to the nba players.
Apparently David Stern thinks contraction should be an option. http://www.cbssports.com/nba/story/14166621/stern-nba-wants-player-salary-costs-cut-by-750m800m
Stern has reportedly wanted a 3-year max on guaranteed contracts. That would basically accomplish more or less the same thing. At its core, this is about shedding deadweight contracts. And the players may have to go along with it because in Ewing's immortal words, "We make a lot, but we also spend a lot."
have you ever been to nyc. 125 is a lot of money, but not a ton in that city. and she is working for the knicks. but i do see where your getting at.
Why do we need to protect GM's from their own mistakes? Just stop hiring incompetent GMs. Did anyone think the contracts for Erick Dampier and Eddy Curry were good at the time? Didn't everyone know that Tim Thomas was going to slack off after he got his contract? Every offseason there are a couple contacts that everyone looks at and goes, "They're going to regret that one in a few years". Joe Johnson comes to mind. Darko Milicic somehow conned an NBA team into giving him more than the minimum. The owners cry poverty, yet at the same time give control of tens of millions of dollars to people who don't understand very basic principles of a free market. If there is a lot of something, you don't have to pay a lot of money for it. If someone does one thing for five years, then another in the sixth when his financial security is finally in jeopardy - what is going to happen in years 7-12 once he has that security back?
It's insane that someone like Lebron could earn less than Matt Schaub or Antonio Smith. That just doesn't seem like equal value.
A hard cap with no other contract restrictions/exceptions is the way to go (and what Morey wants). Freedom favors the smart/prepared, controls hamper them and promote parity/mediocrity. Teams should be able to craft contracts however they choose; long/short, guaranteed/non-guaranteed, incentives, whatever. No rules, just a hard cap. The reason Stern resists this is because some owners/GMs in important markets are incompetent (NYK), while others in small markets are clever. Stern wants a system that makes it harder to do something stupid or brilliant, to maintain parity.
I agree, but there aren't that many albatross contracts handicapping teams this year. Not as many as the past. A bigger issue is bench scrubs like Luke Ridnour, Jason Kapono and Kyle Lowry being overpaid, which throws off the market for the mid and bottom tier players. Keep these guys under the $3 million a year range and give your game changers the high wages they deserve. The final figure will be a minor reduction; remember the salary cap wasn't significantly reduced despite analysts predicting the worst.
Freaking hilarious... Morey makes a passing remark about the CBA and gets fined $100k. Stern publicly proclaims that owners are hemorrhaging money and that players have to give up 1/3 of their salary, and he doesn't fine himself a single penny!!!!! I think they should just start fines for flopping. That would probably cover the losses right there.
Get rid of or severely limit guaranteed money in the NBA, and this problem goes away. My guess is there will be a lockout next season. At this point, I think I'd be surprised if there weren't.
So how would you propose you stop overpaying players. I'm not aware of any league that's figured that out. GMs are going to gamble and guess wrong a lot, even the good ones. Just looking at TMAC for example, the Rockets guessed wrong. Yes, he was worth it up front, but not on the back in, although you figure in trades. If you take a way guaranteed contracts, you're going to see fewer trades, just like in the NFL. Do we want to see that? I don't mean players will stick to their team, just that teams would rather pick up dropped players then trade. Even if we shorten contract lengths, we'll see less trades. I'd kind of like to see more use of insurance one way or another, so that management is not hit that hard by dead weight players who get injured or just plain suck, but players still get paid. Wouldn't work so well for sucky players. The thing is though, that I like the economical aspect of the game right now. I like that trading requires salary matching, and the fact that dead weight players do have some value at the end of their contracts for that reason. It's become such a part of the game, in my mind, that drastic changes in this area would be as world changing as moving the 3 pt line up 4 ft.
