Atlanta Hawk's Josh Childress considering Olympiakos

[andros10]

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[Srle]

NBA will survive without his ugly shooting

[mavs128]

1. Anyone who thinks he wouldn't be successful in the Euroleague is way off base. He's an excellent defender and rebounder, has a great feel for the game, really makes things look easy. He's not a guy that gets by an on his athleticism and tries to dunk everything. He would be a superstar for Olympiakos.

2. This is a fixable problem for the NBA, and if this truly happens (which it's a long way off from actually happening), you can bet that the salary situations in the NBA will become priority #1 for Stern. Childress wouldn't be leaving because he doesn't want to play in the NBA. He'd be leaving because he can get more money in Europe because of how the NBA sets up its salary rules. There are plenty of teams in the NBA that would give Childress more than double the 3 year, $20 million deal rumored from Olympiakos. The problem is, because of cap rules, no one is allowed to offer him the money. There is only one team in the NBA currently "under the cap"; that is, that could offer him a similar or bigger contract than Oly. That team is Memphis, but the franchise has had so much financial trouble in Memphis (rumours are that they'll most likely be moving to Seattle in the next 5 years) the owner has made it clear that they aren't looking to add any big-money talent.

Atlanta also can re-sign Childress under the NBA rules. But Atlanta is considered to be one of the biggest jokes in the NBA. They are run by multiple owners, all with different agendas, and have been horribly mismanaged for years now. They haven't even made an offer to their more important free agent, Josh Smith.

All teams in the NBA could sign Childress under a salary cap exception, but only to a deal starting around $5.5 million a year, less than Olympiakos is offering.

IF Childress ends up in Olympiakos, it will be a major blow to Stern, and I think he will look to respond quickly. Some possible changes that can be made so this doesn't happen again:

1. Raising the minimum salary requirements for teams: currently teams are required to spend a minimum amount on their players, something like 24 million. The NBA could raise this number up to 45 or even 50 million, and that would force teams like Memphis and Atlanta to keep spending.

2. Raising the salary for "cap exception" players: right now the exception number is set as a % of revenue for the league. Right now it's set at $5.6 million. That could be raised to $6-7 million, which would likely hold off European teams for at least another 5 years.

3. Eliminating the cap / reducing tax penalties for teams over the cap: this to me is ultimately what would have to be done to make sure Americans stay in the NBA. As long as the NBA is competing with teams around the world to sign players, and as long as leagues around the world have no rules about how much money they can offer those players, the NBA will be at a disadvantage. The NBA has to first recognize the increased competition they will be facing from teams in Europe and Israel that has resulted from the weakening of the US dollar. If they do that, I think they'll realize that loosening the cap restrictions is the only long-term to solution to this potential problem.



In the end, if basketball continues to grow in Europe, and if the dollar stays as weak as it is now in comparison to the euro, then EVENTUALLY there truly will be a global market for the globes best players. But we haven't reached that stage yet. Like I said...there are at least 15 NBA teams that would offer Childress 6 year $40 million deals right now if they were allowed to. It's simply against the rules.

[Srle]

IF Childress ends up in Olympiakos, it will be a major blow to Stern, and I think he will look to respond quickly. Some possible changes that can be made so this doesn't happen again:

Why??? The guy didnt do anything significant in his NBA carer so far. I am sure Stern will be just fine.

[stuart]

I agree, J.Childress isn't your Demarr Johnson or Gerald Green guy. The boy has a good basketball IQ, played in a lot of USA Basketball youth teams. Normally you get called there when you have some kind of role model image and have good fundamentals.

Exactly. This guy is one of those players that is mature beyond his years, plus well, he went to Stanford, so it's just not IQ on the court.

Stuart

[Red Inspiration]

@mavs128

Agree with everything you said.
Just a small hint that is often overlooked:

The 3-year contract oly is offering to childress, in NBA money, is almost $40mil not 20.
We're talking about net salary, not gross salary that is the case in the states.
Taxes are gonna be paid by oly, and the $20mil is the money that will end up to josh's pocket.
In order for an NBA team to tie the offer, they would have to give him a yearly contract of almost $12mil per year.

[mavs128]

IF Childress ends up in Olympiakos, it will be a major blow to Stern, and I think he will look to respond quickly. Some possible changes that can be made so this doesn't happen again:

Why??? The guy didnt do anything significant in his NBA carer so far. I am sure Stern will be just fine.

This isn't Kobe or McGrady leaving the NBA, no, but it's still incredibly significant. His player effeciency rating was 54th in the league last year...that means on an average NBA team he was the 2nd or 3rd best player. He was the Hawks 3rd best player behind Josh Smith and Joe Johnson (and the Hawks made the playoffs and pushed the Celtics to full 7 game series).

This is a major coup for Olympiakos if they pull it off.

[mavs128]

@mavs128

Agree with everything you said.
Just a small hint that is often overlooked:

The 3-year contract oly is offering to childress, in NBA money, is almost $40mil not 20.
We're talking about net salary, not gross salary that is the case in the states.
Taxes are gonna be paid by oly, and the $20mil is the money that will end up to josh's pocket.
In order for an NBA team to tie the offer, they would have to give him a yearly contract of almost $12mil per year.

I believe an NBA team would have to offer $10 million to match the deal. He'd be in the 35% tax bracket in the states, so he'd get to keep about $6.5 mil per year on that type of NBA contract, which is what he's getting from Oly.

Something to be considered though, is that NBA teams would be offering him 5-6 year deals, something that European teams don't seem to be willing to do.

[Red Inspiration]

I believe an NBA team would have to offer $10 million to match the deal. He'd be in the 35% tax bracket in the states, so he'd get to keep about $6.5 mil per year on that type of NBA contract, which is what he's getting from Oly.

Something to be considered though, is that NBA teams would be offering him 5-6 year deals, something that European teams don't seem to be willing to do.

Ok my fault. i thought the tax bracket was close to 50%.
I'm not sure the longterm deals is a plus for a player (at least in europe).
Most of the time, short term deals mean you will raise your salary in the next contract.
For example, if diamantides had signed a 6 year deal, he would be a total moron, because salaries are growing every year, and he would have stuck with a longterm low salary compared to what others are earning.

[mavs128]

Ok my fault. i thought the tax bracket was close to 50%.
I'm not sure the longterm deals is a plus for a player (at least in europe).
Most of the time, short term deals mean you will raise your salary in the next contract.
For example, if diamantides had signed a 6 year deal, he would be a total moron, because salaries are growing every year, and he would have stuck with a longterm low salary compared to what others are earning.

that is true when you are talking about smaller salaries. But when you're talking about salaries that will set up a person for LIFE (we're talking $8-15 million per season for 5-6 years), what matters more is the security of a long-term deal in case you get injured. Elton Brand (coming off of a major achiles injury) just signed a big long-term deal with Philly...if he has any more achiles problems and can't play anymore, he still gets his money from Philly.

As European salaries start to go up (as they already have), you'll start to see the same desire for long-term deals.

[thryleon]

I can't say I didn't expect an influx of new "red" members...

And how exactly is your comment conducive to a decent discussion ?

[KWSN-Men]

And how exactly is your comment conducive to a decent discussion ?

And how is my comment offensive?

[thryleon]

And how is my comment offensive?

I did not say it was offensive... because it isn't !

It is however not conducive to the discussion. The latter does not automatically conclude the former ...

By the way, did you really witness the "infux" of "red" supporters ? If you did then fine, otherwise your comment is also inaccurate.

Apologies for being off-topic...

[mavs128]

actually I wasn't fully informed when I made my post. Apparently US citizens working oversees still have to pay some form of US income taxes, though I can't figure out exactly how much.

[troglis]

I think he 's just fooling around here to raise his salary back in the states..
He 'll have a nice dinner with olympiacos owners... he 'll f*** a couple of good greek chicks... visit a beach and finally tell the owners: "I'll go back to the states and seriously think about your offer!"
Charlie bell did the same crap last year...