Wasn't that report from some unreliable Chinese website? I never believed it for a minutes. Bottom line is the Rockets are in a big market, has two popular stars (one with a near monopoly on the Chinese market) on the roster and one sweet arena deal. Forbes rank the team among the highest in franchise value and that value has grown significantly in recent years. The team is not poor, nor is the owner. However, if you want to run a good NBA team in terms of winning AND making $, you don't want to sign players to deals worth more than their impact on the court warrants. Otherwise, you end up with the NY Knicks and the Philly Sixers and probably the Minny Wolves.
thanks for the correction. but it is isiah spending and making all the dumb decisions, correct? well, he gets all the blame at least. likewise w/ us right? dawson/morey go to les asking for money to be spent where they want it spent. my question earlier was how much is winning in the nba come from how much owners decide to spend out of their pockets? would a better question be, ' how much money should we encourage dawson/morey to get from les?'
Only in America people are concerned that a billionaire might spend a little too much money. So Dakota, as a businessman don't sometimes have to spend money to make money? Bonsi would defintely help the team. Yao, Tracy, Battier, Bonzi and Rafer who is not bad if you surround him with 4 strong players starts to look like a good starting lineup for a legitmate playoff team.
Sometimes it's more about the investment than the money you're tempted to spend right now to prop that investment up. I think Wells - if indeed he wants to play here - is angling for a "wink-wink" promise and assurances JVG can't give about next season. If he does come here it's because we have a greater need and a chance to be a top 4 WC team. I don't see how Alexander's worth is involded in what ultimately is going to be Well's ultimate choice. I would think Denver would be a good situation for him, but if he ends up signing here then he defies every perception I have about him and his current situation. This is completely not about Les' worth.
I like how people talk and and talk and talk but have no idea how things work. 1. We are over salary cap, Les is not even being cheap at all. So seriously, that is a load of crap. 2. We complained when Rudy T. got Les to give these huge contracts to Kato, MoT, and Moochie. We paid Maloney til who knows how long. Stupid signings? Oh, very much so, but was Les being cheap? He paid to keep them. 3. We CAN'T sign Bonzi to a big contract even if we wanted to. Since we are over cap, we are not allowed to sign anyone. All we have is an MLE every year and a LLE every other year. I think there is a Vet min. somewhere along there as well. That could be LLE, that I am a tad shady on. So, since it didn't look to good on the F.A. market this year, we decided to try to sign some potential players, our rookies we drafted, etc. We tried to make some trades, getting Snyder, etc. Now we see Bonzi is on the market and the most we can offer him is like 4.2 mil if the Kings do a SnT with us. So seriously, Les has to follow the CBA rules.
are we allowed to sign him for more than the amount of the MLE we have left? if we can sign him and did sign him would it effect our MLE or anything for next year.
He owns the team...profit comes yearly when income exceeds all expenses. When he sells he will profit on appreciation of the franchise from his cost.
Of the teams that made the playoffs last year, 9 of them were in the top 15 in payroll and 7 of them were in the bottom 15 in payroll. Miami won the championship with a $59 million payroll. Dallas lost in the Finals with a $97 million payroll. 3 of the 5 top salaried teams in the league failed to make the playoffs. 5 out of 10 off the lowest salaried teams in the league made the playoffs. Miami, San Antonio, and Detroit have dominated the Finals for the last several years and each have maintained very modest payrolls. Building a championship team has NOTHING to do with how much money an owner spends. Building a championship has to do with getting the right pieces that fit together, good team defense, efficient offense, and effective coaching. Les will spend the money and pay the tax when we are at the point that he knows we can win it all. And being fiscally responsible doesn't mean that you are going to lose either. Plenty of teams have won the championship without paying $1 of the luxury tax.
very nice post. thats exactly what i was looking for. and i figured money isnt everything in the nba ,unlike mlb. i know san antonio has a very low budget and every year they are one of,if not the best team in the league. i basically wanted someone to show people that they should not complain about les not throwing money out there. we can complain about drayton. i love doing that. but that is for a different thread i suppose. btw. do you have a link to that info?
easy crabman, ugh i mean Rocketman (Damn I love "my name is Earl") like Sprewell, Alexander has kids to feed.
Les is a billionaire!! Why would they are so MEAN for Rockets? I suppose most of his money are come from the management of Rockets, he has to invest more to maximize his further benefit!!
Someone needs to create a new thread that is a sticky of a FAQ of the NBA collective bargaining agreement. These people that have no concept of the rules of the salary cap and CBA need to be schooled. It gets real old looking in every thread saying "LE$ IS CHEAPSKATE!!! SIGN BONZI TO 13 YEAR 472 MILLION CONTRACT AND ROCKETS = NBA CHAMPS!!!!" Every year we hear about how the Rockets need to spend money when there is no proof that spending large amounts of money just to sign mediocre players brings championships. To those people that say "LOOK AT MARK CUBAN!" -- I'd like to ask you how many Larry O'Brien trophys are on display in Dallas...?
I'm glad Les alexander has money - he has worked hard as a bond trader and earned it. I hope he holds on to it. I wish we had risked 900k on the trade kicker to get Mike James. I do not care about Bonzi-he is a head case. Look at how much money Portland threw away on that team with Bonzi, Rasheed, Damon Stoudmire, Sabonis, and o. They had the best talent in the league with the highest payroll and lost to the Lakers in game 7 in the 4th Q after having a more than 10 point lead. How many championships has Mark Cuban won? There is no sense destroying money to try to buy a championship. Hold onto your money Les. Jeff Van Gundy is a brilliant coach and will get the most out of his players to win a title.
yeah but we spend our hard earned money on season tickets and we deserve an owner who will reward us with a championship level team....
Am I the only one who's surprised that there has yet to be an edc post condemning Le$ while simultaneously fellating Phil Jackson?
