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  1. 07-19-2008 #76
    Kill_Bill_Pana
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    Quote Originally Posted by biba
    Marc Stein: Last Blast from Vegas

    http://sports.espn.go.com/nba/column...A-Notes-080719

    Sources say Delfino will be earning nearly 3 million Euros annually -- tax free, of course -- with his new club. One expert on the matter says that equates to an NBA salary of more than $9 million when you factor in the exchange rate and the tax money Delfino won't have to give back.


    Unless this expert is KBP, we have a stong confirmation of KBP statements.
    I have say these things all along here about tax free and how they report salary different. I am sick of posters like Marcus Bryant and others here call me liar and makes fun of me when I have say only TRUTH.
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  2. 07-21-2008 #77
    freddy79
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    What's happening here??? I stayed 2 days without NBA news: now I read about Delfino signing with Khimki (I already knew), but now also Nachbar is coming back to Europe, in Dinamo Moscow (3 years-9 million euros the offer). But, above all, also Nenad Krstic and Josh Childress are thinking to go to Europe...this is not more about rookie scale and buyout from Europe: in this moment, the fifth or sixth man of EVERY NBA rotation, if has a good offer from Europe, take MORE money going in Europe instead of staing in the NBA: that's the truth. Childress, Nachbar, Navarro, Delfino are all good NBA sixth men: the truth is that EVERYONE of them would obviously prefer to STAY in the NBA instead of coming back (or going) to Europe: if you read ALL their press conferences, they all say that they wanted to stay, but they could not refuse to come back: in Europe they'll take too many more money to refuse this chance. Nenad Krstic, if he decides to stay in the NBA, will lose a lot of money this year: he could only try to have a very good season, in search of a bigger contract (as a superstar). It's happening something new here: NBA have to do something if they does not want, in a couple of years, to lose a lot of good players (and so to decrease the overall value of playing quality).
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  3. 07-21-2008 #78
    K-State Spur
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    Quote Originally Posted by Kill_Bill_Pana
    US dollar is devalued. You cannot bring dollar value back up once this happen because your government print to much money to solve stupid economic systems like borrow from China and buy cheap good while send all production job to other country.

    If you think dollar will ever come back you must have get F in economy class.
    Yeah, because the dollar never bounced back when it was devalued in the 70s...

    It's gonna require some smarter people than we currently have running the show, but far from impossible.
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  4. 07-21-2008 #79
    Slo spurs fan
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    Quote Originally Posted by K-State Spur
    Yeah, because the dollar never bounced back when it was devalued in the 70s...

    It's gonna require some smarter people than we currently have running the show, but far from impossible.
    There wasn´t EURO in 70´s.
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  5. 07-21-2008 #80
    Bruno
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    These players signing overseas has nothing to do with the low value of the US dollar. Delfino and Nachbar has signed in Russia, that is to say a country where the business currency is the Dollar.
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  6. 07-21-2008 #81
    freddy79
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    Quote Originally Posted by Bruno
    These players signing overseas has nothing to do with the low value of the US dollar. Delfino and Nachbar has signed in Russia, that is to say a country where the business currency is the Dollar.
    I'm completely agree: it's not about strong or weak Dollar: if an NBA owner WANTS to have a 100 million dollars payroll, he CAN have it: they are NOT missing money, and they have not LESS money than a Greek or Russian owner!!!! The question is that a NBA owner CANNOT give to Delfino 9 million dollars x year, NOT because they don't HAVE that money, BUT because, if you give Carlos that money, THEN you cannot take Jermaine O'Neal!!! And, if you have to choose, you take JO. With THIS salary cap, an NBA owner CANNOT keep EVERY player. In the NBA, one guy who takes 9 millions x year usually is your third best player, fourth at best: Delfino cannot be the third or fourth player in ANY NBA team, so he HAS to come back to Europe. But, and that's the REAL problem for NBA, if an European team has 9 million dollars to give to Carlos, HOW MANY money they would have for Ginobili, or Kirilenko, or Gasol, or (who knows) maybe also an American superstar???
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  7. 07-21-2008 #82
    rapliketp
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    $30 million deal reported was rubbish.
    http://sports.yahoo.com/nba/news?slu...yhoo&type=lgns
    Toronto Raptors free agent Carlos Delfino signed a three-year, $13.5 million deal with Khimiki of Moscow.
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  8. 07-21-2008 #83
    waly.mg
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    In fact, the europeans players pays more Taxes in USA than in Europe, because they are european citizen. An for Example Manu or Scola have double nationality, Manu is Italian and Scola is spanish.

    And then, the American players are not in similar situations, because they pay less Taxes in USA than in Europe, because when you are foreigner you must to pay more taxes.
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  9. 07-21-2008 #84
    waly.mg
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    Quote Originally Posted by rapliketp
    $30 million deal reported was rubbish.
    http://sports.yahoo.com/nba/news?slu...yhoo&type=lgns

    Delfinos contract is Free, without Taxes, then is like a +9 millions a year in the NBA
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  10. 07-21-2008 #85
    waly.mg
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    Finally, there`s another situation, if the Team is over the Luxury Tax or with this contract, like Dallas, Suns, Celtics or NYK, the money is double.

    In fact, if the team is over the Tax, and have a Restricted free agent, they must to pay 9 millions in Cash and 9 millions in Taxes, to resign him.
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  11. 07-21-2008 #86
    rapliketp
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    Quote Originally Posted by waly.mg
    Delfinos contract is Free, without Taxes, then is like a +9 millions a year in the NBA
    The figures are in US dollars. So he's getting $4.5 million US per year net.
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  12. 07-21-2008 #87
    endrity
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    Quote Originally Posted by rapliketp
    The figures are in US dollars. So he's getting $4.5 million US per year net.
    No, Stein explained the situation beautifully on ESPN. His 3 million Euros, is equivalent to about a 9 million Dollar contract. The 4.5 $million you are reporting is a simple conversion of the exchange rate between the dollar and the euro (right now 1 euro =1.5 dollar). However they don't pay taxes in Europe, or Russia better yet, so he gets to keep all of it. In order for him to keep his 4.5 million$, he would have to earn about double, so that is the 9 million that Stein reported.
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  13. 07-21-2008 #88
    wisnub
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    another player gone by
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  14. 07-21-2008 #89
    freddy79
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    Quote Originally Posted by rapliketp
    The figures are in US dollars. So he's getting $4.5 million US per year net.
    As much as EVERY NBA PLAYER who takes 9 million dollars x year: so it's LIKE a 9 million dollars contract...look at what Nachbar says in a ESPN interview: NBA HAS to improve A LOT his salary cap. If in 2010 this will not happen, you'll see, a lot of good players will go away: not only Europeans, but also Americans. I know, maybe American players have to pay more taxes in Europe...but becomin an European player is not too difficult. Everyone knows who John Robert (JR) Holden is? The CSKA Point Guard? Well, he's an Afro-American who became Russian (and now plays with Russian National Team), and so did Shammond Williams (Georgian now), and also Becky Hammon (now she's Russian too). Also look at Kaman (now German) and remember that A LOT of American players have European grandfathers or grandmothers, so for them becoming European is a easy thing in EVERY European Country...so, do you think that being American is a so big trouble for an American basketball player? I repeat: if NBA does not improve A LOT its salary cap, in a very soon future many good players will go to Europe...you'll see...
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  15. 07-21-2008 #90
    Indazone
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    Here we go..free agent exodus from the NBA to Europe. Money talks
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  16. 07-22-2008 #91
    Kill_Bill_Pana
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    Quote Originally Posted by rapliketp
    $30 million deal reported was rubbish.
    http://sports.yahoo.com/nba/news?slu...yhoo&type=lgns
    What you report is rubbish. They not even get exchange rate right and they also not understand this is net salary.
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  17. 07-22-2008 #92
    Kill_Bill_Pana
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    Quote Originally Posted by rapliketp
    The figures are in US dollars. So he's getting $4.5 million US per year net.
    This is not even right exchange rate. And is also NET. Do you understand to get correct salary.

    1. Try actual get correct exchange rate. Is $4.8 million not $4.5 million.

    2. Is NET salary. NBA contracts is gross salary.

    ESPN already say his sign for same as NBA $9 million contract because he is sign $4.5 millions after the tax.

    Is I have to explain this for 1000 times in this forum? Is some here really this stupid?
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  18. 07-22-2008 #93
    Indazone
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    Quote Originally Posted by Kill_Bill_Pana
    This is not even right exchange rate. And is also NET. Do you understand to get correct salary.

    1. Try actual get correct exchange rate. Is $4.8 million not $4.5 million.

    2. Is NET salary. NBA contracts is gross salary.

    ESPN already say his sign for same as NBA $9 million contract because he is sign $4.5 millions after the tax.

    Is I have to explain this for 1000 times in this forum? Is some here really this stupid?
    lol they is stupid.
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  19. 07-22-2008 #94
    kolko
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