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How the do the Warriors have so much money?
http://sports.espn.go.com/nba/news/story?id=3504378
time to offer rc for s jackson
How the do the Warriors have so much money?
thats what i call a RAISE!
Goes from $770k to $11mil a season
Not a bad deal, considering what Maggette's getting.
Overpaid........IMO
makes you appreciate Tim, Manu, Tony. their loyalty
Tim's loyalty? He got a max contract. He didn't have to show any loyalty.
Didn't Tim take less towards the end of his contract to sign better people?
Bird rights for Ellis. He's played three years with Golden State, hard to believe.
And, they traded those two white guys for more reasonable contracts a while back.
Hey, they got the cap space and they're using it.
I think Ellis won't be nearly as good without Baron though. We'll have to wait and see. I could see a $8-9 million a year contract considering the numbers he put up were in a crazy open system with no structure. $11 million a year is pushing it but then again, there have been lesser players who got more.
After making over $150 million, he's taking a couple million less for 1-2 seasons that will still pay him a contract that makes him a top 8 paid player in the league. Oh the philanthropy!
correct me if im wrong, but duncan took $11 million less than he could have gotten.
Don't the Pistons wish they had a player worth $150 million?
For which contract extension?
Again, when you've made over $150 million in your career and still get another contract that will average close to $20 million a year, makes the decision a little easier, doesn't it?
If you're talking about a player taking $11 million less and getting paid $2 million a year, that might be something.
Sure. And?
And that's the reason they can't get past the ECF.
Ok. That has relevance to Tim showing loyalty how?
So what exactly does Tim's self-imposed paycut mean to you?
You either talk straight out of your ass or you don't pass your grade one math.
Jamstone is one pathetic drunk mofo
Duncan will take less than maximum salary
By Johnny Ludden, Yahoo! Sports
October 29, 2007
WATCH VIDEO: Which teams can knock off the defending champs this season? (Getty)
With NBA commissioner David Stern set to present Tim Duncan his fourth championship ring on Tuesday, the San Antonio Spurs forward has made it clear he has no plans to leave the court – or San Antonio – anytime soon.
Duncan has reached agreement with the Spurs on a two-year, $40 million extension that figures to give the team enough salary-cap flexibility to continue to surround him with a compe ive support cast in the waning seasons of his career, two sources with knowledge of the deal said Monday.
By signing the extension, which is expected to be finalized within the next few days, Duncan forfeits his option to become a free agent after this season. He will be under contract with the Spurs until the summer of 2012.
The extension doesn't come as a surprise. Duncan, 31, said prior to last season's NBA Finals he felt as healthy as he has been in years and hoped to continue playing "as long as I can."
But what is notable about the deal are the terms: Although Duncan is eligible to receive a two-year extension worth about $51 million under the NBA's collective bargaining agreement, he agreed to nearly $11 million less because it could afford the Spurs greater flexibility to pursue free agents after the 2009-10 season.
Duncan and his agent, Lon Babby, met with Spurs coach Gregg Popovich and general manager R.C. Buford at Popovich's house prior to the start of training camp. Well aware of Duncan's value to the franchise – the Spurs likely would not be in San Antonio had he not guided them to their first le in 1999 – Popovich and Buford presented him with a maximum offer during the meeting. But they also made a detailed presentation of their plans for the team's long-term future and showed Duncan the possible impact of his accepting a lesser extension.
After a few weeks of deliberation, Duncan agreed to the $40 million extension. He will make $22.2 million in the final year of his current contract, with his salary dropping to about $18.7 million in the first year of the extension.
Duncan will be 34 when the extension begins. Tony Parker is the only other player currently scheduled to be under contract following the 2009-10 season, but the Spurs also will be in position to re-sign their third star, Manu Ginobili, that summer if they want.
Means he made a load of money already and is still being paid a load of money more. The guy isn't taking the MLE. His "paycut" is going from about $23 million to about $19 million for one year and then from about $25 million to about $21 million the next year, at an age when players starting making much less money anyway.
It's like a CEO for a fortune 500 company who is worth about $50 million and makes approximately $4 million a year decides to help in the time of recession and for two years he takes a salary of $3 million the last two years before he retires. Is he making a good faith gesture to the company? Sure. Does it prove he's a man beyond reproach and one of unmatched honor and selfless loyalty? Hardly.
I'm not saying Tim isn't worth every penny he makes by NBA salaries standards. He deserves to be right up there near the top of top paid NBA players.
I just don't want to hear how he's there aren't NBA players like Tim in terms of his loyalty. He got a huge 7 year max deal in 2000 and his extension still makes him among the highest paid players in the league. It's not a show of loyalty.
Tim Duncan's upcoming salaries:
2008-09: $20,598,703 (8th highest paid player in the league next year)
2009-10: $22,183,218 (as of current salaries on the books, 4th highest paid that season)
2010-11: $18,700,000 (this is the "paycut" year where he would still be among the top 12 highest paid players in the league)
2011-12: $21,300,000 (another "paycut" year which is still a max type salary)
You didn't get what I wrote.
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