chw42 Posted February 26, 2011 Share Posted February 26, 2011 (edited) QUOTE (LittleHurt05 @ Feb 26, 2011 -> 05:15 PM) Do we know how much of that money he has left? Financial management doesn't seem to be a strong trait in many NBA players. Those masks Rip wears must be very, very costly. lol As long as he's somewhat responsible, he should be swimming in money. Edited February 26, 2011 by chw42 Link to comment Share on other sites More sharing options...
Steve9347 Posted February 26, 2011 Share Posted February 26, 2011 QUOTE (Balta1701 @ Feb 26, 2011 -> 04:59 PM) If you'd already made $73 million prior to this season, would you care quite as much? Yes. Link to comment Share on other sites More sharing options...
Balta1701 Posted February 26, 2011 Share Posted February 26, 2011 QUOTE (LittleHurt05 @ Feb 26, 2011 -> 06:15 PM) Do we know how much of that money he has left? Financial management doesn't seem to be a strong trait in many NBA players. If that were the case...then taking an immediate buyout would be an intelligent financial option...it'd take a portion of next year's income, which might not even happen because of the lockout, and turn it into money in his pocket right now. Link to comment Share on other sites More sharing options...
LittleHurt05 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (Balta1701 @ Feb 26, 2011 -> 05:48 PM) If that were the case...then taking an immediate buyout would be an intelligent financial option...it'd take a portion of next year's income, which might not even happen because of the lockout, and turn it into money in his pocket right now. Like I said...Financial management doesn't seem to be a strong trait in many NBA players. Link to comment Share on other sites More sharing options...
fathom Posted February 27, 2011 Share Posted February 27, 2011 Boozer with a miserable first quarter offensively and defensively. Link to comment Share on other sites More sharing options...
danman31 Posted February 27, 2011 Share Posted February 27, 2011 Random question, but does anyone know if the Bulls drive or fly to Milwaukee for games? It's around an hour and a half from the Berto. I can't imagine a flight is that fast considering getting to the airport, etc. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (danman31 @ Feb 26, 2011 -> 09:41 PM) Random question, but does anyone know if the Bulls drive or fly to Milwaukee for games? It's around an hour and a half from the Berto. I can't imagine a flight is that fast considering getting to the airport, etc. They bus it up there. Link to comment Share on other sites More sharing options...
JorgeFabregas Posted February 27, 2011 Share Posted February 27, 2011 How does a buyout work if he'd lose money, then? I thought they had to pay the full remainder of the contract. Link to comment Share on other sites More sharing options...
SoxFan1 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (JorgeFabregas @ Feb 27, 2011 -> 01:24 AM) How does a buyout work if he'd lose money, then? I thought they had to pay the full remainder of the contract. No. In a way, its kind of like arbitration. They have to agree on a certain number (if it isn't already part of his contract) which the player will receive up front in order to forgo the rest of his contract. Link to comment Share on other sites More sharing options...
T R U Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (SoxFan1 @ Feb 27, 2011 -> 03:33 AM) No. In a way, its kind of like arbitration. They have to agree on a certain number (if it isn't already part of his contract) which the player will receive up front in order to forgo the rest of his contract. AKA he would have lost more than a couple million had he been bought out most likely Link to comment Share on other sites More sharing options...
chw42 Posted February 27, 2011 Share Posted February 27, 2011 (edited) QUOTE (T R U @ Feb 27, 2011 -> 03:04 AM) AKA he would have lost more than a couple million had he been bought out most likely He's due $25 million for the next two seasons. The buyout would have been $16 million I think (I'm not sure on this figure, could be $9 million as well). The Bulls can give him $3 million to play for the rest of the year. So he would have lost $6 million. Plus, you have to consider that all of that is up front and not over a span of two years. Edited February 27, 2011 by chw42 Link to comment Share on other sites More sharing options...
Dick Allen Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (chw42 @ Feb 26, 2011 -> 05:17 PM) Those masks Rip wears must be very, very costly. lol As long as he's somewhat responsible, he should be swimming in money. He should be, but whether he is or not is anyone's guess. The majority, yes majority, of NBA players are broke 5 years after their playing days. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (chw42 @ Feb 27, 2011 -> 03:10 AM) He's due $25 million for the next two seasons. The buyout would have been $16 million I think (I'm not sure on this figure, could be $9 million as well). The Bulls can give him $3 million to play for the rest of the year. So he would have lost $6 million. Plus, you have to consider that all of that is up front and not over a span of two years. So in other words if he wasn't worth $6 million to someone next year, he lost out. Link to comment Share on other sites More sharing options...
Balta1701 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (southsider2k5 @ Feb 27, 2011 -> 09:59 AM) So in other words if he wasn't worth $6 million to someone next year, he lost out. Assuming of course that there was a full season next year. The math changes totally if 1/2 the season is lost. Link to comment Share on other sites More sharing options...
Kyyle23 Posted February 27, 2011 Share Posted February 27, 2011 I dont know, it seems as if he would forgo the additional 6 million now, play his ass off down the stretch with a playoff team, he could spin this into a contract worth at least 6 million next year and possibly a few more years with more money Fully dependent on the CBA of course Link to comment Share on other sites More sharing options...
Balta1701 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (KyYlE23 @ Feb 27, 2011 -> 01:31 PM) I dont know, it seems as if he would forgo the additional 6 million now, play his ass off down the stretch with a playoff team, he could spin this into a contract worth at least 6 million next year and possibly a few more years with more money Fully dependent on the CBA of course If it were me, I'd take the buyout, and expect that if I'm lucky only 1/2 the season happens next year anyway, so anything I signed for next year was a bonus. Link to comment Share on other sites More sharing options...
That funky motion Posted February 27, 2011 Share Posted February 27, 2011 I would think there would be playoff money involved also. Link to comment Share on other sites More sharing options...
Kyyle23 Posted February 27, 2011 Share Posted February 27, 2011 It just seems silly to me that he would rather be miserable in Detroit with a coach he hates, and a team going nowhere as opposed to going somewhere else where he is still going to make a lot of money and participate in a playoff run. Going to the other team and taking the money hit and winning games seems to be a better option than staying and becoming known as a severe malcontent. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (KyYlE23 @ Feb 27, 2011 -> 01:13 PM) It just seems silly to me that he would rather be miserable in Detroit with a coach he hates, and a team going nowhere as opposed to going somewhere else where he is still going to make a lot of money and participate in a playoff run. Going to the other team and taking the money hit and winning games seems to be a better option than staying and becoming known as a severe malcontent. You would think, but who knows. Rip could really need the money. Link to comment Share on other sites More sharing options...
Balta1701 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (southsider2k5 @ Feb 27, 2011 -> 02:19 PM) You would think, but who knows. Rip could really need the money. Again, this isn't nearly as cut and dry as you're making it. There is a real chance that he could make more money by taking the buyout, and on top of that, he gets all the money up front. Link to comment Share on other sites More sharing options...
Balta1701 Posted February 27, 2011 Share Posted February 27, 2011 Ooh, Lakers/Thunder with Perkins in the lineup. This ought to at least be interesting to see. Link to comment Share on other sites More sharing options...
Kyyle23 Posted February 27, 2011 Share Posted February 27, 2011 Is there a list of players that are most likely going to be bought out? Link to comment Share on other sites More sharing options...
Balta1701 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (KyYlE23 @ Feb 27, 2011 -> 02:32 PM) Is there a list of players that are most likely going to be bought out? Here's some. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (Balta1701 @ Feb 27, 2011 -> 01:29 PM) Again, this isn't nearly as cut and dry as you're making it. There is a real chance that he could make more money by taking the buyout, and on top of that, he gets all the money up front. There is a better chance the new CBA could kill him looking for a new contract. Link to comment Share on other sites More sharing options...
Balta1701 Posted February 27, 2011 Share Posted February 27, 2011 QUOTE (southsider2k5 @ Feb 27, 2011 -> 02:41 PM) There is a better chance the new CBA could kill him looking for a new contract. That's going to happen at the end of next season anyway right? So why not get paid for next year whether it happens or not? Link to comment Share on other sites More sharing options...
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