One thing I have never understood about Paul's money

Discussion in 'Portland Trail Blazers' started by Natebishop3, Feb 11, 2018.

  1. Denny Crane

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

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    You have to spend money to get a write off. The write off might be 50% of what was spent. I don't think rich people stay rich by losing money in their ventures. If someone owns assets that increase in value and are worth $billions, there's only tax paid if the gains are captured (by selling them).

    A lot of teams are businesses, the sole business of the owner(s). So they do try to make money.

    The $billionaire who owned the Nets a few years ago paid massive luxury tax. It stung him so bad he cut the payroll and ended up selling 49% of the team.

    While it's one thing to pay a few $million extra on the team, it's another to lose a 1/4 $billion in luxury tax alone, to defeat the CBA.

    To get that $.25B, the guy had to sell $.5B worth of assets, and had to pay cap gains/income tax on that.
     
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  2. handiman

    handiman Well-Known Member

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    In other words, he's running it like all of his businesses. Dude lost $30B in net worth in a fairly short period of time.
     
  3. Cippy91

    Cippy91 Habitual Line Stepper

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    Problem isn’t stotts, it’s olshey
     
  4. Orion Bailey

    Orion Bailey WHINEY BIG BITCH!!!!!

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    Or peoples lack of patience FOR Olshey....
     
  5. ripcityboy

    ripcityboy Well-Known Member

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    Didn't another reason that Prokhorov had to sell off tons of his assets was because he ran afoul of Putin? Something related to the Panama Papers.
     
  6. Cippy91

    Cippy91 Habitual Line Stepper

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    My patience ran out the summer he threw out ridiculous contracts. Talk about a panic move, Evan turner was the ultimate panic signing. Oh and we are paying a guy 10 mil a year to sit on the bench. Not to mention giving up crabbe for nothing. Him recently saying he doesn’t wanna split up the back court. We have zero assets. At least ones we need or should give up. Aminu, Davis, Napier are all pieces we kinda need. Those are your most valuable assets. If you don’t trade cj, youre stuck in mediocrity with this team. Simple as that
     
  7. Chris Craig

    Chris Craig The Dude Abides Staff Member Moderator

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    We don't have the best roster, no. But, neither is Terry utilizing what he has. He is stuffing all of the players into his 3 point heavy style of play. A good coach builds the system around the players. There is no inside presence. He is ignoring his big men not running offense through the paint. Nurk could become a beomoth inside. Collins and Swanigan could do damage in there too. But, its mostly threes and most of portlands points in the paint come from the guards. Stotts doesn't seem to have a great understanding of fundamental defense. Though the Blazers have gotten better in that area. He is an offense guy through amd through.

    Also a good coach can anaylze an opponents tendencies and patterns and figure out how to exploit them to win games. Stotts struggles here, especially in adapting to other teams playing styles and making in game changes. He often waits to long to take timeouts and bring starters back in the game.

    A good coach understands and know how to motivate players, knows how to drive their potential. A good coach understands his players strengths and weaknesses and learns how to balamce them to get the best production for the individual plauer and team.
     
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  8. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    What did you want him to do with Crabbe? That option was to let him walk for nothing or match the Nets stupid contract offer. We matched it. You really think he didn't want to get something for Crabbe?
     
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  9. Denny Crane

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

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    $250m is a LOT of money, even to a $billionaire.
     
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  10. Chris Craig

    Chris Craig The Dude Abides Staff Member Moderator

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    In hindsight should have let him walk...but at the time Crabbe looked like he was going to become something good.
     
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  11. Denny Crane

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

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    In hindsight, people would have blown a gasket over letting him walk for nothing in return.
     
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  12. Chris Craig

    Chris Craig The Dude Abides Staff Member Moderator

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    Some would have yes...but after seeing how he has performed in Brooklyn...people would have relaxed on that.
     
  13. riverman

    riverman Writing Team

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    My point is Paul isn't sweating losses.....
     
  14. Denny Crane

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

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    Crabbe has started 46 of 53 games for them, upped his scoring from 10.7 with us to 12.3 for them. Only his shooting has suffered.

    He is playing on an awful team.
     
  15. MARIS61

    MARIS61 Real American

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    What part of billionaire don’t you understand?

    He can offer WHATEVER IT TAKES TO SIGN THE TOP 15 PLAYERS IN THE LEAGUE and pay the so-called luxury tax without even noticing the cost.

    For whatever reason, winning an NBA Championship has never been that important to him.
     
  16. Denny Crane

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

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    Right, he's not. He's not losing money hand over fist on the team, yet.

    I think he will pay what it takes when it's needed. As it is, he's been more than generous.
     
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  17. Chris Craig

    Chris Craig The Dude Abides Staff Member Moderator

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    Excuses excuses, he is no where near worth the kind of money he was paid. He could get traded to a contender and hed play the same
     
  18. Orion Bailey

    Orion Bailey WHINEY BIG BITCH!!!!!

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    This has been debated to death. Not gonna argue with you on it. I believe your opinion of history is inaccurate.

    But you can keep saying the same thing over and over and over beating a dead horse like a few others on here....But its a waste of your time and energy at this point. You arent convincing anyone of your opinion that hasnt already been convinced.
     
  19. Cippy91

    Cippy91 Habitual Line Stepper

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    We still let him go for nothing so in the end it didn’t matter.
     
  20. yuyuza1

    yuyuza1 Writing Team

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    This thread has some gems.

    Hate that I voted YES.

    ugh ugh ugh. So much regret.

    This is 1.5 yrs ago. OUCH
     
    Last edited: Feb 12, 2018

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