Re: Spurs waive Austin Daye
Quote:
Originally Posted by
SnakeBoy
He's 26 years old and has earned $10 million. I wish him luck but I won't feel too bad for him if his playing days are over.
^^^^^^^ This, and he made the NBA which is ALOT more than most can ever say who played.
Quote:
Originally Posted by
DJR210
Wouldn't say going 7 games against an 8 seed as the "most dominant playoff run", but certainly dominant in The Finals and against the Guests.
They had the most games won by 15+ in playoff history so I would say yes that is pretty dominant.
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
SnakeBoy
He's 26 years old and has earned $10 million. I wish him luck but I won't feel too bad for him if his playing days are over.
To make it worse, probably he spent his Money partying and shit. Judging by his cars... Money waster.
Austin Daye
2014 Mercedes S63 4matic AMG
2013 Jaguar XJ
2011 Range Rover
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
PingPong
To make it worse, probably he spent his Money partying and shit. Judging by his cars... Money waster.
Austin Daye
2014 Mercedes S63 4matic AMG
2013 Jaguar XJ
2011 Range Rover
In contrast, Jamychal Green is dirt poor. Never got drafted, so never got a NBA rookie salary. He played his entire career in the D-league, picking up a $30,000 salary per year. He couldn't even afford the 2011 Range Rover with his yearly salary.
I think Green also has a kid already, so he's got responsibilities beyond what Daye can even fantom.
Re: Spurs waive Austin Daye
Big relief Ayres was kept!
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
ceperez
In contrast, Jamychal Green is dirt poor. Never got drafted, so never got a NBA rookie salary. He played his entire career in the D-league, picking up a $30,000 salary per year. He couldn't even afford the 2011 Range Rover with his yearly salary.
I think Green also has a kid already, so he's got responsibilities beyond what Daye can even fantom.
J Green also earned some guaranteed money in training camp. Teams usually give about $50K. Doesn't sound like much, but it's more than a d-league annual salary. That's probably the reason that the Spurs went to the top of the list when it was time to pick which callup he wanted to accept.
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
ceperez
In contrast, Jamychal Green is dirt poor. Never got drafted, so never got a NBA rookie salary. He played his entire career in the D-league, picking up a $30,000 salary per year. He couldn't even afford the 2011 Range Rover with his yearly salary.
I think Green also has a kid already, so he's got responsibilities beyond what Daye can even fantom.
He hasn't played his entire career in the D-League.
Stop talking out of your ass.
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
ceperez
In contrast, Jamychal Green is dirt poor. Never got drafted, so never got a NBA rookie salary. He played his entire career in the D-league, picking up a $30,000 salary per year. He couldn't even afford the 2011 Range Rover with his yearly salary.
I think Green also has a kid already, so he's got responsibilities beyond what Daye can even fantom.
JaMychal Green
Basketball Player
JaMychal Green is an American professional basketball player who currently plays for the San Antonio Spurs of the NBA. Wikipedia
Born: June 21, 1990 (age 24), Montgomery, Alabama, United States
Career start: 2012
Salary: 490,180 USD (2014)
Current team: San Antonio Spurs (Power forward)
Education: St. Jude Educational Institute
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
PingPong
$490,180?
Where did he earn that? In D-League???
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
ChumpDumper
He hasn't played his entire career in the D-League.
Stop talking out of your ass.
Ok... he played in France for one season.
He got several 10 day contracts from teams in the past 3 years.
Still, he's still dirt poor.
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
ceperez
Still, he's still dirt poor.
For the NBA standards, he is dirt poor. For the average african-american, he is a Lucky guy.
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
exstatic
J Green also earned some guaranteed money in training camp. Teams usually give about $50K. Doesn't sound like much, but it's more than a d-league annual salary. That's probably the reason that the Spurs went to the top of the list when it was time to pick which callup he wanted to accept.
Okay.... so let's assume the Spurs gave $50K for the Summer League action, and then he has his salary of $30k. Max is $80K... not enough to afford Daye's Mercedes.
Relative to NBA players, he's made less than 1/10th that of a rookie salary. That $490K figure doesn't have any basis in reality.
Re: Spurs waive Austin Daye
bye!
Nah he seemd like a pretty cool dude, but just with no nba calibur basketball skills, I do wish him luck though there might still be a team out there that he could fit with.
Re: Spurs waive Austin Daye
Quote:
Originally Posted by
PingPong
To make it worse, probably he spent his Money partying and shit. Judging by his cars... Money waster.
Austin Daye
2014 Mercedes S63 4matic AMG
2013 Jaguar XJ
2011 Range Rover
It's also important to remember that his net worth is nowhere near $10 million. That's his gross career earnings, but people in his tax bracket have a tremendous federal income tax liability.
He earned $1.6 million his first year in the league, but he had to pay $600,000 in federal income tax alone on that (assuming he filed single), so his take home is roughly around $1M.
I just went through a list of his year-by-year earnings and as a rough, back-of-the-napkin estimate his career take home pay is around $5.7M. That still makes him well off assuming he didn't pull a DeJuan Blair with money. Given that, I can see him comfortably affording those 3 cars but he's pushing it. First of all, his net worth is even less than $5.7M because he's been spending money all of these years to live. His liquid net worth is even less than that because he needs to buy a house (or rent).
Even if he had $5.7M in liquid net worth (which he doesn't), that would still only comfortably generate around $300,000/year in investment income which is good but it's upper middle class territory, and given that he's so young he needs this money to last him 40 or 50 years so his margin for error in the stock market is fairly thin.
Re: Spurs waive Austin Daye
Re: Spurs waive Austin Daye
seemed like a nice kid
best of luck.