NBA Salaries

Discussion in 'NBA General' started by notmuchgame, Jan 20, 2004.

  1. notmuchgame

    notmuchgame JBB JustBBall Member

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    Simple question...do you think NBA players are overpaid in general, or do you believe it's reasonable?

    Owner's usually make around $25-50 million a year themselves if I'm not mistaking...so they are quite profitable...if we were to lower salaries however, owners would profit even more....creating a large imbalance between managment and employees.

    On the flip side, Owners seek a large profit anyways, and if player salaries are high, the Owners will simply raise ticket prices to meet their demands....

    So what do you guys think...do you guys like the current cap...how much do you have to pay to attend games these days...


    btw, you guys remember the days when Magic Johnson signed a 20 year, $20 million contract...looking back, man that's crazy
     
  2. Rave

    Rave JBB JustBBall Member

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    Money was worth alot more back in those days, anyway I think this is too controversial to speak of. We don't know how difficult or easy their lives could be and so can't really have an opinion.

    It could be very hard work, or easy, but it definitely takes up alot of time for these players. Sometimes they can't even live right because of the media and "work." It's great for what it does with people who had it hard e.g. KG. I admit it's alot of money, but it's getting back alot from putting in alot. This money being the advertising, the team, etc. Alot of money for alot of money.
     
  3. MVPKid3

    MVPKid3 JBB JustBBall Member

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    i cant really comment on salaries. their gettin money with the endorsements and all of that, their gettin a nice check. none of the players r complainin so i guess its good but its like magic said, we dont know how difficult or easy it is.
     
  4. Glen Infante

    Glen Infante JBB Trend Setter

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    NBA is hot right now. And it has been for a while. Im pretty sure they bring enough money from the fans and everything else, companies, adversizing, and so on, to afford these high salaries. These men are gladiators. They are showmen and entertainers. They risk their health out there and they work hard. I believe they deserve every penny they are worth.
     
  5. BigMemo

    BigMemo JBB JustBBall Member

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    They're all overpaid. No one needs that kind of money. Not only are all NBA players overpaid, but every NHL, MLB, and NFL player is overpaid. It's just a ridiculous amount of money that nobody could ever spend. You only need so much, and the rest is for showing off. These guys love to show off. True, they bring in money by selling tickets and endorsements and what not, but that money could be put to much better use than buying designer suits and ferraris for these guys. If they lowered ticket prices, there wouldn't even be that much money to toss around.
     
  6. shinji3c

    shinji3c JBB JustBBall Member

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    yep money is good way to show off when you already have muscle and secured career.
    But some of those guys are spending it on good cause tho
    I heard Dikembe Mutombo adopted his dead brothers kids and now he's raising like 8 kids or more..that's good way to spend money i think..
    Lots of players have charity things going on in the summer...but can they really spend it all? i dont know
    well mike tyson spent all his money and now he's after any fight that will pay him good money.
     
  7. bbwAce

    bbwAce BBW Member

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    yes they're overpaid..no question...$12-15 million/year to play basketball??? Year-round? Yes, thats overpaid...
     
  8. BRockwell

    BRockwell JBB JustBBall Member

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    The combination of rare genes and hard work required to make it as an NBA player means (according to capitalism) that they should be among our nation's highest paid workers. However, pro atheletes in the NBA, NHL, MLB and NFL are so highly paid that it has gotten ridiculous.

    The reasonable thing to do would be to lower ticket and merchandise prices. That however will never be agreed upon by players or owners. What sports need is a 4th political party to go with the League(s), players associations and team owners: The Fans' Association. Because we, as fans, would have to strike and boycott buying tickets and watching games on t.v. to force ticket prices down.
     
  9. jbbKing James

    jbbKing James JBB Banned Member

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    How is it overpaid when the money is there and the players are the ones generating it? That is earned money.

    99% of you would not last through a morning shoot around without your remote and twinkie, let alone off season working out, preseason games, regular season, playoffs, international play, the flying, the bumps and bruises, and the money, fame, and responsibility (women too)

    It is not "just basketball"

    Get real.
     
  10. nkwu

    nkwu JBB shoehead

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    ^amen.

    Theres no such thing as being overpaid. Ever. Its just what the world has turned into. I mean, single celebrity(any type) can gtet that type of money.
     
  11. BigMemo

    BigMemo JBB JustBBall Member

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    <div class="quote_poster">Quoting King James:</div><div class="quote_post">How is it overpaid when the money is there and the players are the ones generating it? That is earned money.

    99% of you would not last through a morning shoot around without your remote and twinkie, let alone off season working out, preseason games, regular season, playoffs, international play, the flying, the bumps and bruises, and the money, fame, and responsibility (women too)

    It is not "just basketball"

    Get real.</div>
    What's your point? Just because I couldn't do it doesn't mean other jobs are any easier, and it doesn't mean they deserve all that money. So many other people work hard to advertise and keep the league running, and the players get all the credit and all the money. It's ridiculous.
     
  12. jbbKing James

    jbbKing James JBB Banned Member

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    No players, no league, no money.

    If people paid to sit at your house and watch you, would you give that money to someone else? Yeah buddy.
     
  13. Glen Infante

    Glen Infante JBB Trend Setter

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    ^bwahahahahaha

    Exactly. You have to see that these men are entertainers. So they need to be paid as one.
     
  14. BigMemo

    BigMemo JBB JustBBall Member

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    <div class="quote_poster">Quoting King James:</div><div class="quote_post">No players, no league, no money.

    If people paid to sit at your house and watch you, would you give that money to someone else? Yeah buddy.</div>
    That's a pretty creepy analogy there, lol.

    Of course the players are the most important thing to the league, but they are still overpaid. The President of the United States only makes a couple hundred thousand a year, and these guys make millions. They have a higher net income than many small countries.
     
  15. notmuchgame

    notmuchgame JBB JustBBall Member

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    okay, this is my opinion

    From a business students prospective (which I am), I feel that the players are getting a FAIR share of the gross profits. The owners make good money, and so do the players...their is a good balance to keep management and the employees satisfied. The NBA is very profitable and as a business, that's all you can really ask for...so everyone involved deserves what they make...

    From a FAN's prospective, the players and the owners are getting way too much money (again, can we blame them). Magic Johnson (the poster) said earlier that money was worth more back then, but consider this...Magic Johnson (the real one) was arguably the best player in the league at the time, and he made $1 million per season...Shaq makes $25-30 million now...It's true that there has been inflation since the 80's, but not 250%...the growth rate of NBA salaries is growing quicker than inflation...

    A lot of the increased revenue is due to increased prices in games and merchandise...As a fan, I would like the NBA to lower some of its cost to accomadate the fans...But of course, why should they?? Most people are willing to pay the high prices, they are just following supply and demnad...
     
  16. Glen Infante

    Glen Infante JBB Trend Setter

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    I see college is paying off for you nMg. Good points.
     
  17. jbbKing James

    jbbKing James JBB Banned Member

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    To be overpaid you have to pay too much for something, well, who is paying them too much when the money is being offered up?

    Of course fans look at it as just basketball, but they don't see all what goes in to being an NBA player either.

    So what are yous aying Memo, that the owners should not pay these players as much as they do? Should hwe have more owners like Clipperland who just cash out every season? (yeah I know he finally spent some this past off season) Do we risk losing players to overseas teams?

    The money is earned because they are pulling it in, the NBA is a successful business.

    I remember seeing Bird in a handful of commercials as well, sure he was not thinking about making more money [​IMG]
     
  18. nikebasketball

    nikebasketball JBB JustBBall Member

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    I feel with the great rookie classes of late that the NBA will make more money than ever.

    I really don't feel like they are over paid because they are some of the world's most talented athletes.

     
  19. Trail_Blazer76

    Trail_Blazer76 JBB JustBBall Member

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    <div class="quote_poster">Quoting King James:</div><div class="quote_post">To be overpaid you have to pay too much for something, well, who is paying them too much when the money is being offered up?

    Of course fans look at it as just basketball, but they don't see all what goes in to being an NBA player either.

    So what are yous aying Memo, that the owners should not pay these players as much as they do? Should hwe have more owners like Clipperland who just cash out every season? (yeah I know he finally spent some this past off season) Do we risk losing players to overseas teams?

    The money is earned because they are pulling it in, the NBA is a successful business.

    I remember seeing Bird in a handful of commercials as well, sure he was not thinking about making more money [​IMG]</div>

    Then why are teachers not paid more? A college professor trains a law school student so that they can be a lawyer and make 6 figures. These teachers are very "profitable" to society, because they teach many indivduals the skills that you and I benefit from.

    Concerning productivity and efficiency, these teachers teach lecture halls full of students (as opposed to one-on-one) meaning that for every 2 hours they have taught a couple hundred students a trade. Multiply that number of students times the 6 figure salary that they will eventually make, and you can see that teachers should be paid more as well.

    There are plenty of businesses more profitable than the NBA (collegiate institutions are just one example), so don't say that NBA players deserve the money because of the business aspect.
     
  20. jbbKing James

    jbbKing James JBB Banned Member

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    <div class="quote_poster">Quoting Trail_Blazer76:</div><div class="quote_post">Then why are teachers not paid more? A college professor trains a law school student so that they can be a lawyer and make 6 figures. These teachers are very "profitable" to society, because they teach many indivduals the skills that you and I benefit from.</div>

    Because millions and millions of people a year are not paying to see them, come on now, you are smarter than that.
     

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