The future's not what it was

Discussion in 'Portland Trail Blazers' started by Rastapopoulos, Mar 28, 2024.

  1. Samuel

    Samuel James “Hollywood” Robinson

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    I can’t believe they did this.
     
  2. julius

    julius Global Moderator Staff Member Global Moderator

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    I can! First they trade Dame, then they sell the Moda to the city for a buck, and now this!?

    If we needed more proof they're planning on moving the team to Seattle, I don't know where it is!
     
  3. Samuel

    Samuel James “Hollywood” Robinson

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    her incentive is to sell at the most fiscally prudent time. Waiting is either evil and malicious or grew the value of the franchise by like 50%.
     
  4. Samuel

    Samuel James “Hollywood” Robinson

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    I can understand kolde breaking Camara’s ribs—fair. but when he lacerated his kidney? That’s where I draw the line!
     
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  5. wizenheimer

    wizenheimer Well-Known Member

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    you kind of ignored my first sentence....I was trying to show, poorly I guess, that "more" assets didn't necessarily mean a full cupboard
     
  6. Phatguysrule

    Phatguysrule Well-Known Member

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    This is true. And for many in the region it will go on without the Blazers.

    Anybody who wanted to deal Dame so we could rebuild was insane.
     
  7. Phatguysrule

    Phatguysrule Well-Known Member

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    Yeah, sorry. I thought I remembered that being listed in the will, but it's not. It must have been something Canzano said.
     
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  8. PDXFonz

    PDXFonz I’m listening

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    Be careful what you wish for

    Might not end up looking how you want it to

    But the Rancho Cucamonga Blazers does have a nice ring to it
     
  9. oldfisherman

    oldfisherman Unicorn Wrangler

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    I try to stay out of negative Blazer discussions. Lately, that is all of them.

    I am also very disappointed in the very limited progress made to player development. But...

    What has me worried for the future is.. We have one of the worst NBA teams, with a salary load that is scratching the luxury tax line. Worse yet. Next seasons salary load is in the same range.

    Unless a major trade is made in the off season. Next season's results will be similiar to this season.

    There is very little, if any, salary room to work with untill the 25/26 season.
     
  10. RR7

    RR7 Well-Known Member

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    I know eventually the goal is to give away most of Paul's estate, presumably, in some fashion or another. And there's concern about her collecting a paycheck, so not wanting to sell the franchise. I'm ignorant of these things, so am unsure how exactly this works. Working off of generic #s...

    Current estate valued at 20 billion. Lets say that includes the Seahawks valued at 5, the Blazers at 3. So rest of estate in whatever holdings is 12. Let's say her salary is 1% of estate. So what, 100 million annually?

    If she sells the Seahawks for their estimated worth in a straight cash deal with Bezos, the estate would still be worth 20 billion no? And she would still collect the same salary? Until that 5 billion is given away. So selling both franchises doesn't eliminate her high presumed salary annually until the entire trust is donated away, right?
     
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  11. wizenheimer

    wizenheimer Well-Known Member

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    not all of them

    Reath is 27
    Banton is 24
    Camara will be 24 in a month
    Murray is 23

    at those ages, do any of them have the capacity to make a big off-season leap? Or will it be incremental improvements? I truly don't know

    but yes, Walker-Sharpe-Scoot-Ropert are young

    obviously, there's a lot of disappointment centered around Scoot, whose pre-draft hype was about 7 tiers ahead of his actual development. And yeah, there's a lot of impatience as well. But mainly, the reality of Scoot's current game is a downer for many. I'm not as down on his upside as some are, but I have seriously lowered my expectations. Last night's game sure didn't help. He really needs an intense off-season and some of it should be when his right hand is tied behind his back forcing him to use his left hand. Because if he can't develop some substantial ability with his off-hand his ceiling is much lower

    and there is some worry about Sharpe. A little about his health; more about whether or not he's alpha enough to take over games....and the Blazers need him to be that alpha

    so I'd say the concerns about Scoot and Sharpe fit this thread's title because neither had the type of season people were hoping for. Then there are the ownership issues and the inactive trade deadline....and all the chatter about this next draft sucking....and global warming
     
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  12. julius

    julius Global Moderator Staff Member Global Moderator

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    Experience....
     
  13. wizenheimer

    wizenheimer Well-Known Member

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    upload_2024-3-30_10-30-25.png

    https://executor.org/resource/executor-fees-by-state/

    upload_2024-3-30_10-33-58.png

    a lot of general information here:

    https://www.getsnug.com/post/executor-fees-in-washington

    you can read his will here:

    https://www.king5.com/article/news/local/read-paul-allens-last-will-and-testament/281-613283735

    ***********************************************************************

    I'd be skeptical Jody Allen's fee is as low as 1%. Could be I guess but I doubt it. I don't know if there is any provision in the Paul Allen Trust documents stipulating how the proceeds from the sale of the Blazers was handled. I read somewhere a couple of years ago that the sale proceeds had to be directly donated to charities. I don't know if that's true or if the proceed are just deposited into the trust. IIRC, the stipulation was that any conversion of assets into cash had to then be donated. Again, I don't know if that's accurate

    about 18 months ago PA's art collection was sold for 1.6B:

    https://crosscut.com/culture/2022/11/16b-sale-paul-allens-art-collection-looms-over-seattle
     
    Last edited: Mar 30, 2024
  14. Pinwheel1

    Pinwheel1 Well-Known Member

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    Exactly.

    Or when we traded for Buck. I remember the same type of conversation before that happened. You never know
     
  15. Natebishop3

    Natebishop3 Don't tread on me!

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    And don't forget Ayton and Scoot. Everything is their fault.
     
  16. Samuel

    Samuel James “Hollywood” Robinson

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    Does that matter because… you think we should sign free agents? Help me understand.

    it’s not like they’re over the first apron or in danger of triggering the repeater. Functionally they should be fine and they’ll likely exit a salary or two this summer.
     
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  17. oldfisherman

    oldfisherman Unicorn Wrangler

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    The Blazers salary is hard capped, due to the GP ll signing. We could not add any additional salary, for any reason, this season.

    This hard cap probably limited the trade options at the dead line.

    Since the hard cap is not removed until June 30, it "may" also affect the trade options during the draft.
     
  18. wizenheimer

    wizenheimer Well-Known Member

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    that hard cap was last season
     
  19. Samuel

    Samuel James “Hollywood” Robinson

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    there are some in the fanbase hyperfocusing on the tax thing, likely because of scoot, sharpe’s injury and the norm/roco trade. Portland waited out the cold deadline market in favor of the summer when there may be more motivated buyers. I wouldn’t worry about it.
     
  20. oldfisherman

    oldfisherman Unicorn Wrangler

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    Not sure why, but sportrac shows the Blazers hard capped
    for the 23/24 season.

    I believe the GP ll hard cap ended last season, as you said.
     

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