Atlanta Journal-Cons ution: Childress leaving Hawks to join Greek franchise

[hater]

From an economic standpoint, how many players realistically can European teams pay like this? How is the revenue going to be generated to justify these payouts, especially when they're playing many fewer games? Is Josh Childress going to pack the house and allow them to raise ticket prices? Are they banking on eventually getting bigger TV contracts?

It's interesting and will definitely have ramifications, but I don't see how a giant wave of these can be supported.

oh man u have no idea. Euroclubs have tons of money. Actually in Europe a club has a basketball team AND a soccer team and pay millions to players.

if basketball draws a bit more interest in Europe, it's game over for NBA.

[Mr.Bottomtooth]

NBA Forum

Too bad.

[ceds]

Can somone tell me the gross ammount per year childress will be making?

In usd..

[oligarchy]

It's all about an investment. Childress might not bring home huge bucks, and sure they may take a loss, but does that move make other NBA players see this as a possibility? More than likely, yes. Basketball makes money, as does soccer, as does volleyball, as does what ever one of the 12 or so teams that are a part of this club, so maybe they see basketball as something they would like to start investing big money in.

Keep in mind that int. soccer stars are making what NBA stars make. To lure Raul away from Real Madrid, Olympiacos ended up paying a around $17 mill for 4 years (keep in mind that soccer rosters can be double what NBA rosters are - more big money to more guys). They definitely have the money, it's just about whether or not to invest, and especially mutual interest.

Why wouldn't an int. club make a run at a Lebron type of player? It's all about what the NBA players are willing to do for the $...or the €.

Also, keep in mind that they don't have to make a profit at this point. Euroleague basketball has grown tremendously, and if they can work out deals that it isn't just a one and done invitation, then they can invest heavily in arenas, etc. Many companies operate in the red during early growth periods in order to maximize profits at later time. For example, the UFC, when bought by the Fer a brothers (owners of numerous casinos) operated in the red for nearly 5 years. Now they are making huge profits and only increasing as the fan-base continues to grow. The scenario could play the same.

While Childress isn't the biggest signing, it COULD be a start to something. Then again, it could be nothing. He could return next year and you may not hear about another NBA signing for years. You have to think though, people don't just join the NBA because it's the greatest organization ever. They join because they want to be rich. Plain and simple. The ABA was a perfect example of people choosing money over the NBA. If, and it may be a stretch, they decide to make a run at some of the biggest names, it would be huge. What's the likelihood? The likelihood is dependent on the growth of the Euroleague market and how they revamp their invitation system. It also may not be dependent on that. They may want the biggest names to explode the growth. , sign Lebron James to a ridiculous contract he cant refuse. That's a way to jumpstart attendence and viewership and tons of other deals.

[Kill_Bill_Pana]

Can somone tell me the gross ammount per year childress will be making?

In usd..

Some report says like $16 million US.

[waly.mg]

Look at this Numbers:


Argentina
Lionel Messi (Soccer: Barcelona): 11,5 Millions dollars
Carlos Delfino: 10 Millions
Manu Ginobili. 9,9 Millions

Lionel Messi buyout is ....... 150.000.000 Dollars
Sergio Aguero Buyout is 55.000.000 Euros
The Real Madrid Offered 100.000.000 Euros to Manchester United for Cristiano Ronaldo, and this numbers don´t include Ronaldo´s Contract, something like 10.000.000 Euros a year
The Chelsea Offered 150.000.000 Euros for Kaka (235 Million dollars)

[Obstructed_View]

So the talent level is so even between the NBA and overseas that Jason Kidd will be playing there when he's 40.

[Slo spurs fan]

So the talent level is so even between the NBA and overseas that Jason Kidd will be playing there when he's 40.

You better ask yourself will anyone (top Euro teams) really sign him at 40?

[urunobili]

You better ask yourself will anyone (top Euro teams) really sign him at 40?

well... B division teams attendance would rise dramatically... even to go and see him at 40... price to go to basketball game it's lower than going to the Zoo anyhow...

[Indazone]

Kidd will be able to play over there and so will Horry if he wants to. for that matter Scottie Pippen. They can go play for some minor league club for $400,000 a year. Better than nothing. Either that or go down the Dennis Rodman route and play semi-pro ball for Los Angeles. LOL

[Kill_Bill_Pana]

Childress and agent state in Greece salary is equal to $53 million gross NBA contract for 3 years. So like $17.7 million NBA contract per season.

[Marcus Bryant]

Childress and agent state in Greece salary is equal to $53 million gross NBA contract for 3 years. So like $17.7 million NBA contract per season.

Damn. He's not good enough to get the $73 millions deal.