Childress heads to Greece
This is a pretty amazing story, IMO. Will this open the floodgates for other NBA players to see Europe as a realistic option for employment?
about 1 year ago
otis29
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I wonder if there aren’t a few more RFAs out there this year and next who would make the same play, until the system gets fixed.
by Ziller on Jul 23, 2008 12:18 PM PDT reply actions 0 recs
Which system?
until the system gets fixed.
The NBA, the dollar, or the US economy? It takes nearly $1.57 USD to equal 1EUR.
The 25-year-old Californian has signed a three-year deal which, according to reports in the Greek media on Thursday, is worth 12.6 million euros ($19.74 million).
Was Atlanta willing to offer Childress the same contract? $6.5M USD per year with a player option each year? I don’t think so.
Your Sacramento Kings: Another day, another drama.
by KK on Jul 24, 2008 10:09 PM PDT up reply actions 0 recs
Bam!
She just got all Economical on your ass!
Ball movement ... is like jogging for most people: They do it occasionally, and it makes them happy. Then they go back to not doing it. - Henry Abbott
by Kfan in Korea on Jul 24, 2008 10:15 PM PDT up reply actions 0 recs
I prefer to think of it as
I just went all macro-economical on his ass.
Sorry, TZ, you know I adore you and this blog.
/ass-kissing.
But I do have an extreme fondness for StR and everything you’ve created in the blogosphere and for animal rescue. Rec+.
Your Sacramento Kings: Another day, another drama.
by KK on Jul 24, 2008 10:25 PM PDT up reply actions 0 recs
I don't think the real problem was Childress signing the deal with Olympikos
Or the RFA system that’s currently employed. I think alot of it has to do with the Hawks as a franchise really really suck.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 24, 2008 10:39 PM PDT up reply actions 0 recs
I don't like to disagree (lie)
but the world has gotten a lot bigger in the last 12-24 months. As some fans like to say, players go for the biggest contract. In this case, I really think it’s true. Olympiakos offered Childress more money than any American team could match, and they could do it because their currency is valued so much higher than ours.
We’re accustomed to thinking we’re number 1 in everything but we truely aren’t right now.
I’m not trying to be political here, I’m simply talking about which team had the most money to offer a player and he took it. As fans, we’re used to that, we’re just not used to the team being in Europe. We’re more experienced in finding out that fading players who can’t make much anymore in the USA moving on to Europe to make a few more dollars before they’re forced to retire. Childress is different, Olympiakos offered him more money than any NBA team was willing (or able) to offer.
To me, that’s a pretty shocking shift in events.
Your Sacramento Kings: Another day, another drama.
by KK on Jul 24, 2008 11:51 PM PDT up reply actions 0 recs
No you're wrong on the US/Canadian NBA team could match
That’s not it at all. There was no way they could sign Childress without the Hawks willing to match the amount they signed. In otherwords, Childress went into Restricted Free Agency at a time when no teams had money for players who were above his actual pay grade in the NBA. He got more money in Europe, and a chance to do something different, and Greece is certainly different than the ATL (thank god), than he could have gotten from the NBA. This may help down the road in future negotiations as Atlanta may give up claims to him eventually.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 26, 2008 12:36 PM PDT up reply actions 0 recs
ONe might even say
You got all Global-Macro-Economical on his ass! You GME’d him!
I stand corrected.
Ball movement ... is like jogging for most people: They do it occasionally, and it makes them happy. Then they go back to not doing it. - Henry Abbott
by Kfan in Korea on Jul 24, 2008 10:44 PM PDT up reply actions 0 recs
If anyone can decipher my babble, it would be you or Travis Mayes Hayes. I kind of envy your ability to view all things American from a remote perspective.
We look a lot different from half way around the world.
Your Sacramento Kings: Another day, another drama.
by KK on Jul 24, 2008 11:58 PM PDT up reply actions 0 recs
Yeah
The “company line” that you hear in the U.S. about how people live in other countries, doesn’t really match up with my observations. From what I’ve seen in Korea, most middle class families enjoy a standard of living very comparable to the U.S., but with only one wage earner. It’s kind of like America in the 50s.
Ball movement ... is like jogging for most people: They do it occasionally, and it makes them happy. Then they go back to not doing it. - Henry Abbott
by Kfan in Korea on Jul 25, 2008 6:24 AM PDT up reply actions 0 recs
Yeah but what poor parts of Korea do you see?
Do you see the whole Korea, of the censored Korea that the Korean gov’t wants you to see?
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 26, 2008 12:38 PM PDT up reply actions 0 recs
You may be
thinking of North Korea. South Korea is very free and open. I’ve been here a long time and have never had a police officer ask for my “papers” or bother me in any way. And there are no restrictions on my travel. I haven’t been to every city, but where I’ve traveled, the standard of living compares well to the U.S. middle class and down.
Ball movement ... is like jogging for most people: They do it occasionally, and it makes them happy. Then they go back to not doing it. - Henry Abbott
by Kfan in Korea on Jul 26, 2008 2:38 PM PDT up reply actions 0 recs
Well no not exactly even though I don't doubt North Korea apply's
But I’m sure there are less advantaged parts of South Korea as well. I’m sure you haven’t been bothered, but you are American in a country where allies with the US is a major part of the countries biggest political life, ala the 54th parallel. In otherwords, I think South Korea isn’t necessarily the right country for this conversation on the whole. (I don’t mean it should be discluded. I think it’s the wrong country to use in an example such as this. My bad for bringing it up.)
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 26, 2008 7:27 PM PDT up reply actions 0 recs
No, my bad for brining
Korea into the conversation.
BTW the Korean DMZ is the 38th parallel. The 54th had something to do with the fight over the Oregon Territory, ending in the compromise at the 49th parallel (54-40 or Fight!).
Ball movement ... is like jogging for most people: They do it occasionally, and it makes them happy. Then they go back to not doing it. - Henry Abbott
by Kfan in Korea on Jul 26, 2008 8:31 PM PDT up reply actions 0 recs
My bad
I don’t know why I was thinking the 54th. Thanks for the correction.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 26, 2008 8:47 PM PDT up reply actions 0 recs
Still
Taking cost of living and local taxation into account, he might not be making out too much on the deal.
Kevin Pritchard has Chuck Norris tied up in the trunk of his car.
by otis29 on Jul 25, 2008 5:06 AM PDT up reply actions 0 recs
Don't know about taxes in Greece
but here in Korea income tax is 5%(no states so that’s everything) and there is universal healthcare employer is required to pay 50% I pay 50%, about $55 per month. The social security equivalent is 5% with an equal match by the employer. Also when you leave a job, for any reason, that you have worked at for more than 12 months the employer is required to pay 1 month’s salary severance pay. Pretty crazy huh?
Ball movement ... is like jogging for most people: They do it occasionally, and it makes them happy. Then they go back to not doing it. - Henry Abbott
by Kfan in Korea on Jul 25, 2008 6:17 AM PDT up reply actions 0 recs
He's not paying taxes Otis
That was one of the ballyhoo’d announcements in the whole deal. (Keep in mind I said HE isn’t paying taxes. Olympikos is though reportedly. He will also get the use of cars and houses over there too reportedly. Alot of stars over there get the same treatment.)
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 26, 2008 12:38 PM PDT up reply actions 0 recs
I wonder how many European's this is going to hurt
This is also going to hurt the San Antonio’s of the world when they draft players like Tiago Splitter and don’t ever see them until it’s way too late. This is a bad development for stashing players oversea’s.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 23, 2008 1:06 PM PDT reply actions 0 recs
How will it hurt European players
if they make more money to stay in Europe? It seems more likely that it hurts the NBA in recruiting talent from Europe and they lose American talent to Europe because Euro leagues suddenly pay better?
It seems more likely that the NBA loses quality to the European leagues if the situation continues. No wonder DStern wants to expand, perhaps it’s desperation on his part to avoid a mass exodus and maintain salary parity between the continents.
Once again, that’s just my opinion.
Your Sacramento Kings: Another day, another drama.
by KK on Jul 24, 2008 10:18 PM PDT up reply actions 0 recs
Bad title
I meant to say I wonder how this will hurt NBA teams trying to stash Euro’s for a few years over there. I don’t think it will have a great effect perse, but who knows? Childress surprised alot of people just going over there.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 24, 2008 10:38 PM PDT up reply actions 0 recs
I know it was a surprise
when Childress bailed, but it should be a wake up call (in anyone’s missed the earlier ones).
How can the NBA stash Euros in Europe if European teams offer them more money to stay?
If things don’t change, there will be no Euros to stash, because European teams will be able to offer them more money to stay and play in Europe. Players won’t be waiting to get drafted, they won’t even enter the draft for the NBA, they’ll be happy to stay closer to home and earn more money.
OK, I’m done with my gloom and doom for the night.
Sleep well, I know I will.
-Sugar crash in full force.
Your Sacramento Kings: Another day, another drama.
by KK on Jul 25, 2008 12:05 AM PDT up reply actions 0 recs
I think it's cool
Josh Childress is an unusual player anyway, definitely a guy I would want on the Kings without a doubt, and he’s the type of player whom I think he will have such a great impact in Europe and make the Hawks try to get something for him in a S&T.
(Do not be shocked to see this happen. Childress talked about how he plays is the type of things that net you MVP awards in Europe. He isn’t wrong.)
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 26, 2008 12:34 PM PDT up reply actions 0 recs
I'm really surprised
Childress didn’t milk this for a few days to see if someone in the NBA would start slobbering over him before he was going, going, gone.
by coolcatreportdotcom on Jul 23, 2008 11:54 PM PDT reply actions 0 recs
Maybe he figures 2 years in Greece
will keep the Hawks from tendering another Qualifying Offer.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 24, 2008 8:50 AM PDT up reply actions 0 recs
Interesting
Will they still have his rights when he comes back, or will be be an UFA?
I originally assumed the latter, but if they would that’s very interesting. The Hawks could try to set an example by offering him the Qualifying Offer when he wanted to come back (putting him in the same place he was this year), and it could potentially prevent the problems you listed above about storing players in Europe.
This could be very interesting indeed.
by smgmatt on Jul 24, 2008 11:07 AM PDT up reply actions 0 recs
Well
Technically the Hawks still have rights to him until they stop tendering qualifying offers. But I would suspect they would stop the Qualifying Offer nonsense, unless that they’re that vindictive, which wouldn’t surprise me if they are, because it’s taking up alot of cap space they could use elsewhere.
No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on
by pookeyguru on Jul 24, 2008 11:18 AM PDT up reply actions 0 recs
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