Talked about Wes for a good 5 minutes ish and his contract. Apparently it is frontloaded, making $10 million the first year! Says its a stupid contract, but likes Wes as a player (says he isnt THAT player yet, or hasnt shown it). He kind of alludes to bad blood or something between Portland and Utah. Interesting, fun to see Wes Matthews discussed on ESPN 2.
By the way, its wasnt Scott Van Pelt talking. It was a guest, Ryen Rusillo.
That makes him a very in demand tradable commodity after his first year is up.
smart offer by portland then. all of that front loaded money is almost like a poison pill to utah. if they are in financial trouble, they wont be able to match. but then portland doesnt incur a ton of risk beyond this year anyway.
Front loaded is even better for Wes since the NBA will be locked out next season. This way Wes has plently of money to sit on when the owners and players argue over the next CBA.
Quote from: westcoastwarrior on July 12, 2010, 04:11:34 PM
Front loaded is even better for Wes since the NBA will be locked out next season. This way Wes has plently of money to sit on when the owners and players argue over the next CBA.
I hope Wes (or any player in his situation, really) is smart with this money. If Wes gets $9 million next year, he can easily put himself in a situation where he can have an awful lot of security for his entire life. If he just puts takes one year and lives relatively simply for someone making that amount - say $900,000 (double what he earned last year) - he could "bank" several million dollars. That won't make you rich forever, but it will provide an awful lot of security for a lifetime -- particularly if you've got five more years of nice paydays.
I'm really happy for Wes. He always seemed like a great kid.
Quote from: StillAWarrior on July 12, 2010, 05:45:15 PM
I hope Wes (or any player in his situation, really) is smart with this money. If Wes gets $9 million next year, he can easily put himself in a situation where he can have an awful lot of security for his entire life. If he just puts takes one year and lives relatively simply for someone making that amount - say $900,000 (double what he earned last year) - he could "bank" several million dollars. That won't make you rich forever, but it will provide an awful lot of security for a lifetime -- particularly if you've got five more years of nice paydays.
I'm really happy for Wes. He always seemed like a great kid.
You got it. He's set for life if he can live modestly. Getting that amount of money in the first year is wonderful in so many ways...namely interest.
Yeah, Portland did the same thing to Utah last you in offering an inflated contract to Millsap. Utah matched that one. Would not be surprised if Utah doesnt match this one. That's a lot of money for a player who hasn't started a complete season worth of games. I'm happy for Wes and his family though, either way.
The contract is absolutely outrageous, I mean, $9.2 Million for a second year undrafted backup? That's absolutely insane.
But that's the lay of the land in the NBA right now, and you have no one to blame more than Joe Johnson, whose career is highlighted by stunning first round playoff sweeps (being on the losing end at least) yet he's getting more than $110 million over the life of his contract. Wes worked hard to get where he is, he had a unique situation and he exploited the out of whack contract scenarios in the NBA. Good for him
You know that a CBA is messed up when one of the most valuable qualities come trade time is the expiring contract. Wes absolutely should have gotten a front loaded deal both for money now and value as a trade piece later.
Although his situation will certainly be different if he goes to Portland, Wes the "backup" started 48 games, appeared in 82, and averaged 25 minutes or so. Determination and hard work apparently sometimes do get rewarded.
Quote from: mileskishnish72 on July 13, 2010, 06:53:35 AM
Although his situation will certainly be different if he goes to Portland, Wes the "backup" started 48 games, appeared in 82, and averaged 25 minutes or so. Determination and hard work apparently sometimes do get rewarded.
+1
Quote from: westcoastwarrior on July 12, 2010, 04:11:34 PM
Front loaded is even better for Wes since the NBA will be locked out next season. This way Wes has plently of money to sit on when the owners and players argue over the next CBA.
How much of a sure thing is it that there's going to be a lock out next season? Are we talking something that will require part of the season to be missed? I don't quite understand how people can be talking about this trainwreck year(s) in advance and have it still happen. Anyone care to enlighten me?
Quote from: g0lden3agle on July 13, 2010, 07:52:40 AM
How much of a sure thing is it that there's going to be a lock out next season? Are we talking something that will require part of the season to be missed? I don't quite understand how people can be talking about this trainwreck year(s) in advance and have it still happen. Anyone care to enlighten me?
It's the same thing that is happening with the NFL. The owners get a certain share of the money, but that amount is decreasing in actual dollar terms due to the economic downturn, and due to their high, and usually fixed costs. The owners are betting that the majority of players will not be able to last long without gamechecks, while they still collect TV rights (at least in the NFL's case). The owners are going to wait until the last possible moment to settle when they can get as much concessions as possible out of the players.
My guess is that the owners will eventually "win" because the majority of players don't make all that much and aren't exactly prudent financial planners.
Quote from: The Sultan of South Wayne on July 13, 2010, 08:50:01 AM
It's the same thing that is happening with the NFL. The owners get a certain share of the money, but that amount is decreasing in actual dollar terms due to the economic downturn, and due to their high, and usually fixed costs. The owners are betting that the majority of players will not be able to last long without gamechecks, while they still collect TV rights (at least in the NFL's case). The owners are going to wait until the last possible moment to settle when they can get as much concessions as possible out of the players.
My guess is that the owners will eventually "win" because the majority of players don't make all that much and aren't exactly prudent financial planners.
The thing that pisses me off about these situations is that the owners are always crying for a system that better protects them from themselves. They want rules to limit player contracts because they can't keep themselves from over-paying. I really have a hard time feeling sorry for them when they continue to spend stupid money on overrated and mediocre players. As much as I love Wes, his contract probably fits that model.
Quote from: MUSF on July 13, 2010, 10:35:08 AM
The thing that pisses me off about these situations is that the owners are always crying for a system that better protects them from themselves. They want rules to limit player contracts because they can't keep themselves from over-paying. I really have a hard time feeling sorry for them when they continue to spend stupid money on overrated and mediocre players. As much as I love Wes, his contract probably fits that model.
They are saving themselves from Mark Cuban types who would give Lebron $50 million/year and really drive up salaries.
Anyone surprised that Cuban was denied his bid to but the Cubs? The Cubs payroll would have passed the Yankees.
I heard from a labor attorney that if there is a work stoppage in the NBA, all of the players' contracts will become void because they are held together by the current collective bargaining agreement. Once this happens, their contracts will individually go to arbitration. Is this why we are seeing incredibly bloated contracts this offseason? Because the owners have no intention on actually paying them?
Players, under the current CBA, receive 57% of all team revenues in salaries and benefits.
Quote from: goodgreatgrand on July 13, 2010, 10:50:32 AM
I heard from a labor attorney that if there is a work stoppage in the NBA, all of the players' contracts will become void because they are held together by the current collective bargaining agreement. Once this happens, their contracts will individually go to arbitration. Is this why we are seeing incredibly bloated contracts this offseason? Because the owners have no intention on actually paying them?
Players, under the current CBA, receive 57% of all team revenues in salaries and benefits.
But you can guaranty that the new CBA will keep these contracts "in force." They may see some sort of across the board salary decrease similar to what happened in the NHL a few years ago.
They are taking their cues from the the NHL lockout of a few seasons ago. The players basically caved, the owners reduced their costs, and the fans blamed the players anyway. The same thing will happen here for both the NBA and NFL.
Quote from: mileskishnish72 on July 13, 2010, 06:53:35 AM
Although his situation will certainly be different if he goes to Portland, Wes the "backup" started 48 games, appeared in 82, and averaged 25 minutes or so. Determination and hard work apparently sometimes do get rewarded.
Wes used hard work and determination to go from an undrafted player to being paid twice as much as Blake Griffin and starting in the playoffs in just one year.
In Portland, however, he will be a backup behind Roy, and Portland is the team that decided to shell out $9.2 Million next year
It's looking more and more like Portland......
QuoteHow Jefferson affects Matthews
8:33
AM ET
Wesley Matthews | Jazz TopEmail
As we noted earlier on Wednesday, Al Jefferson is now a member of the Utah Jazz.
So what kind of ramifications could it have for the rest of Utah's roster?
Well, SG Wesley Matthews has an offer sheet inked for four years and $33.4 million with Portland.
As a restricted free agent the Jazz have the right to match and retain his services.
But now that Jefferson is on board, ESPN's John Hollinger doesn't see the Jazz matching.
So as we told you on Tuesday, Ronnie Brewer could be acquired by the team to fill the shooting-guard void instead.