jimotis4heisman
Banned
in the nba the first contract is based on where you are drafted, no negoations at all...I think the pros will look at his skill set and that will determine just how big an offer he gets. $$$$
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in the nba the first contract is based on where you are drafted, no negoations at all...I think the pros will look at his skill set and that will determine just how big an offer he gets. $$$$
NJ-Buckeye;1133512; said:May be a bit outdated.. rookie max contracts ... assuming he'd be the #10 pick
Year one $1,573,900
Year two $1,691,900
Year three $1,810,000
As stated prviously... tax free contract in Greece
close to $5M
So that answers that one...
but my question... if he plays in Europe for say, three years
and then comes back to the NBA, will he be a drafted rookie
thus subject to the above grid.. or can he get market value for
a player of his skill level when he decides to play in the NBA?
Buckskin86;1133794; said:
ScriptOhio;1133854; said:Here is the current rookie contract scale for the #10 pick in 2008:
Year one $1,807,100
Year two $1,942,600
Year three $2,078,100
see: NBA Rookie Contracts
Steve19;1133967; said:Just a quick note. Don't forget endorsement revenue. If he goes higher in the NBA, it will affect his endorsement revenue in the US and Europe, including Greece.
I would imagine that there is quite a difference in endorsement revenue between a first rounder and a lottery pick. If he stays a year, with a good center to allow him to play forward, then he will no doubt be a lottery pick. If he goes this year, I don't think he will be.
If he goes to Greece, one reason that he gets more salary there is that he will get zero endorsement revenue from the US.
I think he would be wise to stay.
BB73;1133985; said:I would think that he'd be able to get as much endorsement money in Greece if he signs there as he would get in the USA as an NBA player.
But he'd still get some endorsement money in Greece if he plays in the NBA, as opposed to virtually no US endorsement money if he plays in Greece.
BB73;1133985; said:I would think that he'd be able to get as much endorsement money in Greece if he signs there as he would get in the USA as an NBA player.
But he'd still get some endorsement money in Greece if he plays in the NBA, as opposed to virtually no US endorsement money if he plays in Greece.
Steve19;1134021; said:According to the State Department, there are more than 3 million Americans of Greek descent and their disposable income is more than 6million Greeks back home, if I just did my maths correctly.
So, I think he would get about the same endorsement income in Greece regardless of where he plays. He will be bigger in Greece as an NBA star than as a Greek star in the local league.
In the majority of these types of instances where a kid is trying to make a decision, the "crowd" or posse unfortunately will tell a kid when he wants to hear and unfortunately many times that is the wrong thing.DaytonBuck;1134026; said:Good luck to Kosta. Hopefully the Daequan Cook crowd doesn't reemerge.
Steve19;1134021; said:I really don't know. With Jamar gone, he becomes even bigger at Ohio State and here's why I think that could be important to him.
Sponsorship and endorsement revenues in the US are about $12 billion per year. Europe is about $7 billion. Greece? The population is about the same as Ohio, 11 million, and adspend is a LOT less than Ohio. It's so small that its not mentioned in any of my guides. So, my guess is that endorsements are not very much. In fact, it's unlikely that he would earn much of anything.
Sponsorship and endorsement spending in the US is a lot higher, but I think your point is that he would have to compete with a lot more competition. I agree. That is why I think going in the top 3 is a lot more important than #10 or higher. He's have a chance to help lead Ohio State to a Final Four and that would increase his endorsement value to Ohio State fans across the US, which is a sizeable market.
According to the State Department, there are more than 3 million Americans of Greek descent and their disposable income is more than 6million Greeks back home, if I just did my maths correctly.
So, I think he would get about the same endorsement income in Greece regardless of where he plays. He will be bigger in Greece as an NBA star than as a Greek star in the local league.
If I were his marketing guy I'd tell him to think hard about the value of spending another year so that Ohio State fans identify more strongly with him and then to leverage the lottery pick in the NBA to pick up much more in endorsement fees in the US and all of Europe, not just Greece.