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BTW for those who want to know the math here goes:
36 million at 4 years is more than 33 at 5 years (Miami offer). You work 1 extra year and get 3 mill approx. less.
This is a no brainer sign in LA if we can believe these numbers.
Do the Lakers have some of the dumbest free agents or what?
First Trevor leaves to sign with a lotto team for less money. Ok that was understandable, he was trying to play hardball with his agent and the Lakers pulled a fast one on him by getting Ron Ron instead.
Now LO is likely going to jump ship for Miami. NOT for a better offer though, he's getting considerably less money (i.e. MLE) than he would in LA. I just don't get why these athletes are so completely re ed when it comes down to business negotiations.
Someone needs to bring a calculator, pencil, and sheet of paper to LO and spell this out for him.
BTW for those who want to know the math here goes:
36 million at 4 years is more than 33 at 5 years (Miami offer). You work 1 extra year and get 3 mill approx. less.
This is a no brainer sign in LA if we can believe these numbers.
i'd be pissed if he did such a thing.
It's 38 million. He want's what Marion got..
That 2 extra million means something....
That offer is no longer on the table. He's cutting loses and moving on. Good for Lamar that at least he could find something compe ive to fall back to.
Something that brings the two deals a bit closer is the fact that he won't pay state income tax for the majority of the games he plays in a Heat uniform. I know that the deal from the Lakers is still significantly better, but I thought it was worth mentioning.
Maybe they're all leaving because they're tired of LA life.
Let me get this straight.
Lamar is going to move all the way across the country, uproot his family, leave a franchise and fanbase that loves him, give up the chance to defend his championship le, TO GO PLAY FOR ULTIMATELY LESS MONEY?
Is this not the epitome of stupidity?
It's not $38 million dum dum. The Heat offer is MLE over 5 years, $34 million.It's 38 million. He want's what Marion got..
That 2 extra million means something....
Lamar likes Miami more than L.A?
instead of the laker deal being 40% better annually, it's closer to 25% after state income tax is accounted for. then if you take into account that cost of living in miami is about another 5-10% less (it was actually 20% higher than LA, but Miami's COL has gotten drilled like nobody else in the recession). So it's about a 20% difference overall.
still not a wise decision from purely financial perspective.
Burn Notice films in Miami. Don't underestimate the draw of being in the same city as the one and only Bruce Campbell.
Through this whole process I really had the feeling, that this thing is more than just about money. Who knows what is really going on behind the scenes? I still think there is a chance he ends up resigning in LA.
We don't know everything that is happening in the background. Only certain information leaks out to the public and even that one is not always 100% true.
I would not call him stupid just yet.
Yea you make valid points, I'm not sure what the is wrong with your free agents. Artest could have gotten more than the MLE I believe, he's worth about what Marion is but didn't even play the market. Ariza chose to go to Houston for the same amount of money and leave a championship team, and LO is bluffing to get more paper because he isn't gonna sign for the MLE...I guess you can blame it on the recession.
I was thinking that as well. I think Riley would be more apt to stroke Lamar's ego and he may be thinking that he will have the opportunity to start alongside a player with Kobe's talent minus the abrasiveness.
he must think those nude beaches are more attractive
and maybe he thinks phil jackson is going to retire next year and does not like kurt
You guys are right, something just doesn't add up.
If Odom walks for the MLE to Miami he is leaving a LOT on the table. A chance to cement his name in the history books as a Laker great, a chance to play with his longtime friend Ron Artest, a chance to defend his le. He's leaving a city he has always said he loved for what?
I know he likes Miami too and he and Wade are close, but he's not getting more money and he won't have a chance to win a championship like he would in LA. It just doesn't make sense to me based on what we know.
One thing Miami has over LA is no state income taxe
$5.8 m in miami is closer to a $7 m salary in LA
1) LO lived in Miami before, so it would be less stressful for his family to move there again.
2) Miami has Dwade, a pretty good player who has a championship as well, and is younger than Kobe.
3) He wants to live near the ocean, limits options.
4) Laker deal was off the table, as it was said. They sort of burned their bridges by doing that...I think it offended Lamar. They F'ed up, admit it.
5) Probably he does not like the team/players...I bet he gets whipping boy treatment from Phil, for instance, who has a history of treating side-kicks in similar fashion.
6) Kobe: need I say more?
Lamar is acting completely rational. He wants a shot at a bigger contract next time, and he will get it as the second option in Miami. He will not as the 3rd, probably 4th option in LA.
I still thinks he signs with the lakers but he definitely ed up. I don't see the lakers letting him go for what he is being offered from other teams. Buss will not give him 9 million now, imo.
Kobe's involved now so maybe he can bring all to their senses.
Good point, maybe that's why Ariza came to Houston?
boozer,oneal,chambers, wade,odom are going to playoffs
that lineup could get them very deep in playoffs
No way he follows through with his threat to bolt. I have seen him do some incredibly stupid things on the floor, but not even he could be dumb enough to take that paycut just out of spite. I'd be shocked if he isn't a Laker two weeks from now.
you do the math after the 10% state income tax in california.
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