It's still quite remote but there is a significant risk that top NBA players go overseas in the future.
In NBA, salaries are based on the BRI (basketball related income). A player's salary depends on TV contracts, tickets sales, jersey sales...
In Europe (not in all countries), a player's salary depends on how rich is the owner. For some owners, a basketball team isn't a business but a hobby, they don't really care about losing money with it.
So it's apple and orange and the NBA could depend in the future on "how much money some euro billionaire are ready to spend on their hobby ?"
For the moment, it's no too worrisome for the NBA but things can goes very quickly with billionaires.
Maybe I explained badly the thing: he will take 7.3 million DOLLARS after taxes (10 million dollars with), not Euros. I don't know exactly how many million Euros are 7.3 million dollars, but I think that they're more than 2.8 million Euros. From what I know, Papaloukas and Jasikevicius take between 4 and 5 million Euros after taxes (and that would be MORE than 7.3 million Dollars).
Sounds like Mark Cuban to me.
Ah okay so he'll be making 4.3M Euros ... that is more reasonable. Not sure why they'd target Delfino with that amount of money but sounds like Delfino got a good deal.
It's all about economy, and money, I guess...of course, in this moment there are not more than 5-6 teams that can pay these money (mainly in Russia, Greece and Spain: I'm Italian, and, even if Italian League is one of the top 3-4 European Leagues, NOBODY here can give so much money to a basketball player). But, you know, everything changes, and faster than you expect (for sure, even if in the last 3 years Khimki spent a lot of money, I would not think that they could pay so much money for a single player...they never did that first of now). So, Europe (potentially) is a very BIG market for basketball, and I think that this market will develop soon (don't forget that Germany, UK, France don't have yet big European clubs, but they're growing as basketball nations). It's true: an European club president can spend every money he wants in acquiring a basketball player: in the USA, they can't. But they would be able to, if they could. I think that in the next 10-15 years, the biggest challenge for the NBA will be the Globalization of game: Euroleague could soon be what ABA was 30 years ago...if NBA wants to be the best league (it's not only about "I'm BIGGER! I'm BIGGER!: being the best means more TV contract, more market), they cannot lose their best players: in the future they have to beat Euroleague, or to deal with them (creating a unified league, or just trying to incorporate their bigger - and richer - teams).
Or Paul Allen.
The huge difference is that their is a CBA in the NBA and they aren't free to do what they want.
Sometime salaries proposed in these ex-USSR countries are crazy.
Like this 40 millions euros/one year contract the soccer player Eto'o was proposed by an uzbek team. I don't know if it is true but this show how salaries can become crazy when your team has virtually endless money.
Last edited by mathbzh; 07-18-2008 at 04:51 AM.
I don't think the NBA risk much for the moment. There is still much more money in the NBA that in the Europe. Of course, at some point, the NBA may be forced to rethink a few things if they want to keep all the top talents (rookie scale, salary cap, draft process...).
Well, we have to say this:
the first ones who gave huge, incredible contracts to basketball, american football, baseball players, were Americans.
Don't forget about how many money earn Tiger Woods, Alex Rodriguez, Kevin Garnett, Shaquille O'Neal, also David Beckham (you Americans HATE soccer: why do you pay a football player so much????)
This is the market: if you want to take Delfino from a NBA team, you have to offer him more than what he takes in the NBA...the Etò'o story could be crazy, but think: HOW can a Uzbek football team take Eto'o? Offering him MORE MONEY...how Delfino can be persuaded to go to Russia (not a dream for an Argentinian, I think...), and NOT EVEN play Euroleague??? Offering him a HUGE contract, of course...
I think the Russkies are plotting more than that. They also provide housing and maid service to the players. I think they are getting the maids to collect the players'... DNA... so they can create their own race of giants through artificial insemination. You laugh now, but just wait for the 2028 Olympics, and see who's laughing then.
Of course, if they were really smart they could have gotten Wilt to do it for them free.
If the trend continue, be ready to have all the best basketball players playing in Russia/Europe in a not so far future.
Will the NBA becomes like the WNBA, that is to say a summer league of some European's leagues ?
The globalization of basketball will likely lead to the death of the Spurs one day. One day in the not too distant future, a couple of those European owners are going to try to field the best teams money can buy. To do that, they'll give rookies ridiculous contracts that will trump the NBA rookie salary scale. In response, the NBA will have to start loosening up those restraints. The Euro teams will then start sniping away more and more legitimate NBA talent, which will force the NBA to loosen restraints all the way around. The Spurs barely survive now ... with loosened restraints and the championship years a thing of the past, the Spurs will become extinct due to the inability to keep up in the arms race.
The only way the above doesn't happen is if the US economy becomes overwhelming dominant and basketball stops growing at its current speed. It's unlikely that both will happen so better enjoy these Spurs while they are in existence because it won't last forever.
It's funny that David Stern has stressed the globalization of the NBA but didn't realize how it could one day have a massive negative affect on his league.
I don't think so.
There are only 10 or 12 teams in Europe that have economic potential enough to pay these salaries. Barcelona, Tau, Madrid, PAO, Khimki, CSKA, Maccabi, Olympiakos are the ones that are able to pay these salaries.
In Italy almost every teams are from small towns. In France and Germany there aren't much good teams. In Spain many teams are having economic problems and are disappearing due to that problems.
In Greece, Russia and Israel there are three or four good teams.
Those teams can't pay 45M€ in salaries.
A expansion of the league... An European Division... It might happen in ten? twenty years? I'm not sure. NBA teams have an ENORMUS economic potential.
(My vocab is a bit poor, excuse me).
I don't see this happening: both NBA and European basketball have too long seasons: in Europe players have 2-3 compe ions (if you consider European League - Euroleague or ULEB - National Leagues and National Cup: 50-60 games every year), NBA only stops between July and October. I don't think that one player can do both: they'll have to choose.
For me, the only way for NBA to be compe ive in Europe (and AGAINST Europe), will be, in the long way, expanding in Europe: creating an European Conference would be the better way to attract the richer European inves ors (who would spend their money IN NBA, and not AGAINST), and to increase NBA global earnings...it's not easy, I know (too many space between California and Moscow, for example...)
Well, that's true right now, but don't forget that the situation is fastly growing...4 or 5 years ago, in Russia only CSKA had a good team: Khimki appeared in the last years...even if in France, Germany or UK there are no great and rich teams, it doesn't mean that there will NEVER: if you see how much money they put in other sports, you know that there's potential...in Italy, right now, no basketball team has money to compete against greater Euro teams, but Rome and Milan teams are as well growing: in these cities there's potential as well as in Berlin, Paris, London, Munich, Manchester, Istanbul (look at Efes Pilsen and Galatasaray...)...right now teams does not pay 45 Million Euros for a complete roster, but now already there's who pay 20-25 Millions: the gap is fastly closing...
it is confirmed now.. he is giving a press conference on T&C Sports as i write this...
With this numbers there are others possibilities:
A player who was waived, can go to Europe to play and take the money of the 2 contracts, now if a player sign with another team, the previous Team pay only the difference between both contracts.
A restricted Free Agent can sign a one year deal in Europe, and the next year he is going to be Unrestricted.
For example, with this 10 Millions a year deal, a player Like Restricted FA Luol Deng or Ben Gordon can sign a 20 millions 1 year contract and next season they can come back to the NBA Unrestricted
The globalization of basketball will likely lead to the death of the Spurs one day. One day ...
You don't need Euroleague to become the #1 league to cause the death of the Spurs. All it would take, as timvp wrote, is to force the NBA to change its rule. Without a rookie scale and a Salary cap, it would only take a few years for the bigmarket teams (LA,...) to be overloaded with superstars.
Hopefully it will not happen.
No, it doesn't work like that. If a restricted free agent sign overseas, he will still be a restricted free agent if he decides to come back one day in NBA.
4.3 Millions Euros to Delfino is called either
Wealth Redistribution
or a
Steal.
For one year.
For three years is a Ripoff.
There is no strong correlation between contracts offered by Euro teams and the size of their markets.
Do you really think that Khimki made tons of money with TV rights, tickets' sales and jerseys' sales ?
When they paid Delfino $5M or whatever per year, it's paid by owners and not by incomes generated by the team.
If a richer owner is ready to spend 5 times more on a player, Russian teams will pay some players $25M per year. If some billionaire fall in love for the Basketball, the NBA is screwed.
oK, I DON´T KNOW THAT
But, if a restricted Player, if the team don´t pay him, he can take a contract in Europe and with this situation he can to persuade and to press his team to pay his money, because now there are only one option: sign with the team or sign and trade if the team match the offer, with the europeans team paying a lot of money, now there are more options
LOL
I don't know you intended to be funny but I did laugh at what I could only call a massive fictional scenario the likes of which Orson Wells would be envious of.
http://www.sport-fm.gr/article/138867
3 years $30 million US dollar.
Is disgusting how American posters here insist it "must be less than this" or how others say such things were be discussed are "liars" and "need to shut up and be banned".
$30 million is not 4.3 million euros.
And reason they say Papaloukas and Saras make more is because as I explain here 100 times before and no one listen in big Greek clubs like Olympiacos and Panathinaikos contract is NET and does NOT include bonus salary. And big players of club get FREE villa on coast, free sports car, free yacht. And all this even the tax is paid on also.
Saras makes $12 million US dollars per year but only is his NET paycheck reported as "salary". How many times does this have to be explained to you dumbasses?
kbp needs to shut up and be banned
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