BusyCowboy

11 Aug, 2008

NBA players flocking to Europe for more $$$

Posted by: dijay In: Basketball

Carlos Arroyo becomes the eighth player who played in the NBA in 2007-08 to sign with a foreign club since free agency commenced July 1st. He will receive an estimated $2.5 million net next season — roughly the equivalent of $5 million NBA salary after taxes.

Just another… one. Is it time for the GM to look for open positions in Europe too?

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LeBron In Europe? Here’s Why

Why would LeBron James consider playing in Europe? It’s not just the money, although the chance to earn $50 million is, well, attractive.

Consider this hypothesis: Players do not get paid enough. Take it easy, try not to get upset. Breathe. The truth can make you crazy at first.

Compared to you, they may seem overpaid. But when measured against annual NBA profits, the average player is woefully underpaid.

This is especially true when you consider the high risk of injury and the short length (about four years) of most NBA careers. If Europe emerges as a competing market for their talents, players might then bargain from a stronger position. Time will tell.

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Kobe Says He Could Play In Italy

According to Boston.com Kobe Bryant, the NBA’s biggest star, said he might play in Italy next year. That concludes what, for NBA Commissioner David Stern, was his probably his worst week in recent memory. He shouldn’t fret, it’s nothing personal. It’s all about no salary cap, the Euro versus the dollar and the bottom line.






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