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Sports InsiderThe NBA: Where Millions of Dollars Equates to Poverty.
July 9th 2006 11:15
Since breaking into the NBA in 2003 LeBron James and Carmelo
Anthony have been synonymous with one another. In fact the ‘Melo Man and ‘Bron ‘Bron have been mentioned in the same breath since high school when both were standout ballers garnering unprecedented attention. James and Anthony were the headline duo in perhaps the most outstanding draft in the last 16 years. Chris Bosh of the Toronto Raptors and a certain player by the name of Dwayne Wade also broke into the NBA in the year. The General Managers whose lucky balls dropped for them after wearing their lucky draws must have reached a state of non-sexual orgasm!
Rookies by NBA law are only meant to sign for four years but can be offered contract extensions after their third season. NBA rookies are also tied to a specific contractual number so you don’t really see rookie contracts with “big” numbers. I mean what is a few million a year anyway? That’s peanuts!
The contracts of the class of 2003 have recently had to negotiate new contracts and let’s just say they won’t be wearing raggedy clothing and living in cardboard boxes anytime soon. All of them must have broken into song of
‘We’re in the money” while yelling “ka-ching” all over the place!
James was the final significant signature of players from the draft of 2003 and made the Cleveland management sweat on their balls waiting for his John Hancock. What was the magic number I hear everyone inquiring? How bout a five year contract worth $80 million! That’s to compliment his reported $100 million contract with Nike before he even stepped onto an NBA court and was just done with his high school prom!
Carmelo Anthony the third pick and Denver Nugget superstar won’t also be on welfare anytime soon either, also signing an $80 million contract for five years. Dwayne Wade would have also signed for similar numbers.
You know what else dear reader? Once the terms for these contracts expire hese players will have no “restrictions” whatsoever on their contracts so we’ll be talking about $100 million contracts for these guys. Any readers out there who are planning on having kids should consider “guiding” them towards a career in basketball. Purely for the love of course.
For any follower of sports, especially in America, it is quite unusual and frankly obscene for anyone to be “underpaid” when they are making millions of dollars. A few years ago notorious
former player Latrell Sprewell who was both equally talented and demented in the same doses refused to sign a $21 million extension because he saw those figures as an insult and that he had a ‘family to feed’. Well we all know that you can’t possibly feed anyone with $21 million! Sprewell’s children on that salary would be forced to eat pet food because of abject poverty!
For anyone who is firm believer in karma would celebrate with scheudenfreud-ic glee with the news that Sprewell went onto play that season without signing the extension and turned in a stinker. After the end of the 2004-05 season no teams wanted anything to do with a once talented veteran who had turned into a complete basketcase.
In other NBA news the Chicago Bulls mascot Benny has been charged with attacking an off-duty officer. Now that is hardcore!
You'd be smiling too if you just signed for $80 million. (Image from NBA.com)
Rookies by NBA law are only meant to sign for four years but can be offered contract extensions after their third season. NBA rookies are also tied to a specific contractual number so you don’t really see rookie contracts with “big” numbers. I mean what is a few million a year anyway? That’s peanuts!
The contracts of the class of 2003 have recently had to negotiate new contracts and let’s just say they won’t be wearing raggedy clothing and living in cardboard boxes anytime soon. All of them must have broken into song of
Send this man to the Salvo's because he can't afford to feed his family! (Image from Wikipedia)
James was the final significant signature of players from the draft of 2003 and made the Cleveland management sweat on their balls waiting for his John Hancock. What was the magic number I hear everyone inquiring? How bout a five year contract worth $80 million! That’s to compliment his reported $100 million contract with Nike before he even stepped onto an NBA court and was just done with his high school prom!
Carmelo Anthony the third pick and Denver Nugget superstar won’t also be on welfare anytime soon either, also signing an $80 million contract for five years. Dwayne Wade would have also signed for similar numbers.
You know what else dear reader? Once the terms for these contracts expire hese players will have no “restrictions” whatsoever on their contracts so we’ll be talking about $100 million contracts for these guys. Any readers out there who are planning on having kids should consider “guiding” them towards a career in basketball. Purely for the love of course.
For any follower of sports, especially in America, it is quite unusual and frankly obscene for anyone to be “underpaid” when they are making millions of dollars. A few years ago notorious
Benny, just another NBA criminal. (Image from NBA.com)
For anyone who is firm believer in karma would celebrate with scheudenfreud-ic glee with the news that Sprewell went onto play that season without signing the extension and turned in a stinker. After the end of the 2004-05 season no teams wanted anything to do with a once talented veteran who had turned into a complete basketcase.
In other NBA news the Chicago Bulls mascot Benny has been charged with attacking an off-duty officer. Now that is hardcore!
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