And FA hopes are dashed: LJ, DW, and CB have summit; No summit- Miami Herald says.

Discussion in 'Chicago Bulls' started by such sweet thunder, Jun 28, 2010.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Re: And FA hopes are dashed: LJ, DW, and CB have summit; No summit- Miami Herald says

    THey were basically talking about the players maybe willing to take less than MAX to play together, the Knicks saying to buy stock in Madison Square Garden if they sign and they'll make up the difference that way (3 FAs at $11M each!)... And LeBron might take a low enough salary for a team to sign another player at MAX because he makes so much off the court in endorsements and a ring would make him even more money that way.

    Oh, and Miami has no state income tax, so that figures in if they take less than Max.
     
    Denny Crane, Jun 29, 2010
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  2. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Re: And FA hopes are dashed: LJ, DW, and CB have summit; No summit- Miami Herald says

    ok.

    There are advantages some cities have other others, that is for sure.
     
    truebluefan, Jun 29, 2010
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  3. huevonkiller

    huevonkiller Change (Deftones)

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    Re: And FA hopes are dashed: LJ, DW, and CB have summit; No summit- Miami Herald says

    The difference is 500 K a year in Miami, for a shorter time frame of winning possibly and less touches? I think Chicago is the best suited place that has a lot of cap space.
     
    huevonkiller, Jun 29, 2010
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  4. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Re: And FA hopes are dashed: LJ, DW, and CB have summit; No summit- Miami Herald says

    Illinois has a 3% tax rate. 3% of $10M is $300K, so yeah, it's about $500K.

    In NYC, it's 6.85% so more than $1M less per year, $5M over a 5 year contract.
     
    Denny Crane, Jun 29, 2010
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  5. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Re: And FA hopes are dashed: LJ, DW, and CB have summit; No summit- Miami Herald says

    And fan support. Although 'Bron, Bosh, and Wade would fill the arena no doubt.
     
    truebluefan, Jun 29, 2010
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