Shams: Boston Celtics are trading C/F Noah Vonleh and cash consideration to the San Antonio Spurs

[Mr. Body]

Never said the trades were , just that they've done plenty of favors for other teams over the years only for nothing to come of it.

They literally got money for this.

[Allan Rowe vs Wade]

WE STaaaaaaaaCCCCKEEEEEDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

[spurraider21]

Never said the trades were , just that they've done plenty of favors for other teams over the years only for nothing to come of it.

my favorite was when they voluntarily decide to guarantee aldridge's remaining salary and then had to just waive him later

[Robz4000]

my favorite was when they voluntarily decide to guarantee aldridge's remaining salary and then had to just waive him later

don't forget when they traded a second round pick for the privilege of giving Indy a $10mil TE

[BG_Spurs_Fan]

don't forget when they traded a second round pick for the privilege of giving Indy a $10mil TE

The McDermott trade? They didn't trade a 2nd, they effectively received a 2nd round pick swap in 2026 -a small asset for a small TE ($7 mil), which has meanwhile expired unused like the vast majority of TEs.

[Robz4000]

The McDermott trade? They didn't trade a 2nd, they effectively received a 2nd round pick swap in 2026 -a small asset for a small TE ($7 mil), which has meanwhile expired unused like the vast majority of TEs.

Just because they didn't use it didn't mean the Spurs didn't do them a favor.

[BG_Spurs_Fan]

Come on man, surely there should be a more than surface level understanding of how NBA trades work on a forum that's supposed to not be for casuals.

Both SA and Indiana received fake 2nds round picks in the trade - top 55 protected 2023 2nds that won't convey - basically you can scratch that part of the trade. Spurs won't convey any pick to Indiana in this trade.

What the Spurs actually get is a rather complicated 2026 2nd round pick swap in order to give Indy that TE. Basically from the Spurs perspective there were two options - sign McDermott right away or sign and trade for him and receive that minor asset. This should actually be an example of good FO work.

[Robz4000]

Come on man, surely there should be a more than surface level understanding of how NBA trades work on a forum that's supposed to not be for casuals.

Both SA and Indiana received fake 2nds round picks in the trade - top 55 protected 2023 2nds that won't convey - basically you can scratch that part of the trade. Spurs won't convey any pick to Indiana in this trade.

What the Spurs actually get is a rather complicated 2026 2nd round pick swap in order to give Indy that TE. Basically from the Spurs perspective there were two options - sign McDermott right away or sign and trade for him and receive that minor asset. This should actually be an example of good FO work.

Missed the part on the protections tbh.

[mo7888]

Source on that 90% claim...lol.

Come on man, the Ivy League schools aren't filled with the legacy children and the relatives of prior graduates and donors for nothing.... Which of course then sets those folks up with high-paying cush jobs for life. And so on and so forth. You simply do not get how privilege and wealth works.

Trump had great policies to lift everyone's "standard of living?" Which ones? How? You understand the stock market isn't raising everyone's standard of living?

For the official record, Trump signed the largest tax cut in US history, which broke a record previous set by W Bush that benefitted the wealthiest Americans by head and shoulders. 90% of the benefit went to the top 10% of tax payers. The wealth gap grew and the average salary yet further increased between a CEO and their employees. Healthcare costs continued to rise.

Again, you guys simply do not get why this happens over and over but are the ones directly responsible for it continuing to happen.

You understand that the American middle class was largely created when the top end marginal tax rate was over 70%? That's how you raise the standard of living. Well that and not having a trillion dollar defense budget that is akin to the next 16 militaries on the planet, combined.

You want a different standard of living. Wake the up and vote accordingly.

https://www.businessnewsdaily.com/28...-got-rich.html

88% of millionaires are self made so there's the source but, it really comes down to what definition you're using to describe 'rich'. Is it millionaire? Billionaire? Etc... when you get in to the ultra rich the number of self made 'rich' falls considerably...

[baseline bum]

Ahh, blissful ignorance. There are over 3 million millionaires in the US. Over 90% of those got there doing exactly what I said. Most wealth has a 3 generation cycle. It is very unusual for wealth continue generation after generation. It gets divided among the children then grandchildren and it’s gone. For the record I think Trump is an asshole (although he had great policies to help lift everyone’s standard of living) and I am at a loss trying to understand people’s fascination with the Kardashians.

Great policies

Only thing Trump accomplished was blowing a $2+ trillion hole in the deficit with his corporate tax cut so that corporations could blow all that money on stock buybacks.

[Rocalcio]

I’m sad Dieng is gone, he was a good veteran alongside the kids.

[Mr. Body]

https://www.businessnewsdaily.com/28...-got-rich.html

88% of millionaires are self made so there's the source but, it really comes down to what definition you're using to describe 'rich'. Is it millionaire? Billionaire? Etc... when you get in to the ultra rich the number of self made 'rich' falls considerably...

One of those studies was by 'Wealth-X', which is just hilarious.

The other admits what I suspected, that most millionaires are that way through investment, ie the stock market, ie agent self-made at all, but are that way because of the ludicrous free money period where policies deliberately caused unsustainable and socially irresponsible rise in general stock prices.

[Mr. Body]

Great policies

Only thing Trump accomplished was blowing a $2+ trillion hole in the deficit with his corporate tax cut so that corporations could blow all that money on stock buybacks.

Yeah, taxpayers just gave away huge amounts of our money for executive stock packages and to make a very small number of suoerinvestors absurdly rich. Our government and its right wing policies are unbelievably corrupt.

[Rocalcio]

Only on ST can a thread on an otherwise meaningless trade end up in a political argument.

Yup, that escalated quickly…

[CGD]

Another what to look at this move:

~$6M in tax savings = ~$500k net cash

[John B]

I’m sad Dieng is gone, he was a good veteran alongside the kids.

Collins playing well made Dieng dispensable, plus Bassey would need whatever minutes left. Dieng would get picked still. But he’s been terrible closing in.

[offset formation]

Yup, that escalated quickly…

Bull claims deserve to be called out regardless of the venue.

[offset formation]

Great policies

Only thing Trump accomplished was blowing a $2+ trillion hole in the deficit with his corporate tax cut so that corporations could blow all that money on stock buybacks.

It's what they do every damn time. Precisely why the debt rises quicker during their time in office.

Trickle down has been disproven going on 40+ yrs on multiple fronts including, most importantly, wealth disparity.

[mo7888]

One of those studies was by 'Wealth-X', which is just hilarious.

The other admits what I suspected, that most millionaires are that way through investment, ie the stock market, ie agent self-made at all, but are that way because of the ludicrous free money period where policies deliberately caused unsustainable and socially irresponsible rise in general stock prices.

Investment doesn't necessarily mean the 'stock market' though, most millionaires I know (self included) made it though either starting a small business or through real estate investments. I'm not talking about the ultra rich billionaire types.

[CGD]

Investment doesn't necessarily mean the 'stock market' though, most millionaires I know (self included) made it though either starting a small business or through real estate investments. I'm not talking about the ultra rich billionaire types.

That’s right. In both examples you mention the secret sauce is leverage. Can you borrow cheaply enough, pay it back, and make money off the risk?

Most of us only experience that through homeownership, but it’s the same general idea repeated many times.

[mo7888]

That’s right. In both examples you mention the secret sauce is leverage. Can you borrow cheaply enough, pay it back, and make money off the risk?

Most of us only experience that through homeownership, but it’s the same general idea repeated many times.

Exactly

[Mr. Body]

Investment doesn't necessarily mean the 'stock market' though, most millionaires I know (self included) made it though either starting a small business or through real estate investments. I'm not talking about the ultra rich billionaire types.

Starting a business is not what they mean by investment. Real estate... sure, but those gains have been mostly with multi-nationals. Most of the millionaire growth has been paper assets.

[slick'81]

WE STaaaaaaaaCCCCKEEEEEDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

[mo7888]

Starting a business is not what they mean by investment. Real estate... sure, but those gains have been mostly with multi-nationals. Most of the millionaire growth has been paper assets.

No...that's not right... when a person starts a small business they usually invest everything into it..their money, their heart, and their soul. That's a real investment. I'm more of a real estate guy. I know many people who are millionaires that became that way through real estate investing. As for multinationals, you have guys like Blackrock who've bought untold billions in real estate recently and they intend to profit on that investment but, alot of people bought those same properties earlier and profited themselves by selling to Blackrock and then they invest those monies in other assets.

I see two things that has come from this discussion..1) the ignorance from people who don't realize what wealth is or how it's created and 2) an underlying gripe about the system (tax and regulatory) that seems unfair to them. The first part I don't sympathize with at all but the 2nd I empathize with greatly. Rules are established to favor the ultra wealthy but, regular people who are smart and hard working enough can find niches in that same system to game it for their own personal gain. Should it be that way? No, it shouldn't ..the playing field should be level for everyone but it's not and it's not going to change with Socialist Democrats and Populist/status quo Republicans in charge. I've personally found the best way to operate is to play their system and win while advocating for change from that very system.

To each his own though...

[DPG21920]

Spurs have been trying to net "good will" for years now and all its gotten them is bent over a barrel

True..but SA has now done SEVERAL trades with BOS and I would say they have all worked in SA favor…