OT: Mike Conley Becomes Highest Paid Player In the History Of The NBA
Mike Conley, the starting point guard for the Memphis Grizzlies, has become the highest paid player in the history of the NBA. His contract is reported to be worth 5 years for a whopping $153 million dollars! Holy Shit!
http://espn.go.com/nba/story/_/id/16684308/mike-conley-memphis-grizzlie…
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This free agency period has been thoroughly dumb. $9 million per year gets you a solid back-up. I would be SO ANGRY if I had agreed to a multi-year contract last off-season.
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No wonder Dwayne Wade is "insulted" by his offer of $10 million from the Heat.
Magic had just agreed to a 5 year, 25 million deal, some chump change like that and as the board alludes to, Free Agency made that seem worthless in about a week's time. Things, obviously, did work themselves out in favor of the Magic Man. Remember when he inked that deal we all felt like we did tonight over this guy's, and Magic is on anyone's all time starting five.
Very angry, indeed.
Has he found the secret to making a dunk count for three points? Memphis you say? Hmmmmmm....
$153M for five years. Because that's what someone was willing to pay.
But the answer to the lady's question is yes.
Any other off-season I would agree, but this one has been a circus.
If the salary cap had gone up more gradually, that money would be going to other, better players.
I mean, hell, Evan Turner got a four-year/$70 million contract. My 76ers previously traded him for two second round picks....and it wasn't considered a bad trade.
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Well you should have hired Jerry Macguire as you don't have enough quan.
what someone selse is willing to pay us. That goes for Conley or much much less rich people like any of us. Don't get me wrong--for Conley that amount is nuts--but that's what he's worth today.
You know what his real value is?$153M for five years. Because that's what someone was willing to pay.
Kinnnndddd of. Actually, in economics, auctions (and free agency is essentially an auction) have a winner's curse, where the winner overestimates the value of what's being auctioned. This happens a lot in sports free agency.
Yeah this is more of a case of someone winning the lotto and buying a gold plated jet ski just because they can. Doesn't mean its a good idea or economical. Just means you can do it. NBA teams have an influx of cash, they all have to spend at least $85M of it, so yeah, why not overpay for something.
And in 3-4 years when NBA rosters are full of these cap binge salaries it won't be such a good idea.
Probably for now, next year guys like KD (assuming he comes back to OKC), LeBron, Westbrook, etc are going to make bank.
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the tallest.
His career stats:
13.6 PPG
44% FG
5.6 APG
2.9 RPG
80.6% FT
1.5 STLPG
2 TOVPG
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NBA stadiums typically seat around 20,000.
But that's beside the point. NBA and MLB rosters are far smaller and in MLB's case there is no artificial cap on a player's value.
without these athletes there is no game.
SAY WHAT?!?