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View Full Version : $220,000 was the average amount lost by an NBA player today



blahblahyoutoo
11-15-2011, 11:22 PM
http://espn.go.com/nba/story/_/id/7238632/nba-lockout-average-player-loses-220000-paychecks-arrive


Tuesday was the day NBA players were to have received their first paychecks of the 2011-12 season. With no games being played and no collective bargaining agreement in place, that didn't happen.

According to CNBC, the average NBA player lost $220,000 as a result of the stalemate with the owners.

Tuesday was also the 138th day of the NBA lockout and the day after the players' union rejected the owners' offer, and announced its intention to disband and file an antitrust lawsuit against the league.

Under the previous collective bargaining agreement between the National Basketball Player's Association and the league, most players received 1/12th of their salaries on Nov. 15 of each season.

Team union representatives voted unanimously Monday to file a "disclaimer of interest" that will dissolve the players' union.

Executive director Billy Hunter and union president Derek Fisher announced that with negotiations between the sides at a stalemate, they planned to file an antitrust lawsuit within 48 hours. The suit will seek a summary judgment that deems the NBA shutdown which began July 1 to be illegal.

The union met with a number of writers at its New York offices on Tuesday evening for a briefing, at which it explained why it sought the disclaimer, sources told ESPN The Magazine's Chris Broussard.

The proposal rejected by the players called for a 50-50 split of annual revenue and a 72-game season starting Dec. 15. But the sides continued to disagree about the various "system" issues that put restraints on teams that stray into luxury-tax territory which, according to the union, will severely hamper free agency and restrict overall player movement.

Both Hunter and NBA commissioner David Stern said the move put the 2011-12 season in serious jeopardy.

Stern, in an interview on ESPN "SportsCenter," blasted the union's leadership for not bringing the proposal to its membership for a vote. Referring to union outside counsel Jeffrey Kessler, Stern added ominously: "Obviously Mr. Kessler got his way and we are about to go into the nuclear winter of the NBA."

"If I were a player," Stern continued, "I would be wondering what it is that Billy Hunter just did."

It had been widely expected that Hunter would respond to Stern's ultimatum offer by announcing that the deal would be presented to the full membership for a vote as long as the league consented to three-to-five key amendments.

The decision to seek a disclaimer likewise surprised many of the agents who have been at the forefront of a push for decertification that has collected an estimated 200 signatures from frustrated players looking to dissolve the union through alternative means.

what they lost in one paycheck is twice what i earn in a whole year.
hard to sympathize when we compare it to normal salaries.

Toxeryll
11-15-2011, 11:36 PM
send the money this way and ill be set for life.

Wade>You
11-15-2011, 11:36 PM
I wonder how much the owner's are losing.

NBA_Starter
11-15-2011, 11:37 PM
Send PSD some of that :D

still a fan
11-15-2011, 11:39 PM
Okay and the max guys are losing over 1.5 mil today, chump change right?

Wade>You
11-15-2011, 11:40 PM
http://espn.go.com/nba/story/_/id/7238632/nba-lockout-average-player-loses-220000-paychecks-arrive

what they lost in one paycheck is twice what i earn in a whole year.
hard to sympathize when we compare it to normal salaries.I sympathize with the people (arena employees, local businesses, etc) who are affected by the owner's lockout. The owners need to put an end to their shenanigans and get a deal done.

GodsSon
11-15-2011, 11:47 PM
:violin:

Not sure if it's the world's smallest, but it'll do.

Rego247
11-15-2011, 11:51 PM
:violin:

Not sure if it's the world's smallest, but it'll do.

Lol u beat me too it. :clap:

NBA_Starter
11-15-2011, 11:52 PM
:clap:

torontosports10
11-15-2011, 11:54 PM
You make $110,000 a year?

GodsSon
11-15-2011, 11:54 PM
Lol u beat me too it. :clap:

I'm good like that :D

heyman321
11-15-2011, 11:55 PM
I wonder how much the owner's are losing.

Considering most of them are still multibillionaires with businesses that made them such in the first place, I'll doubt they'll go hungry anytime soon. Players on the otherhand, really have no income.

sixer04fan
11-15-2011, 11:57 PM
http://espn.go.com/nba/story/_/id/7238632/nba-lockout-average-player-loses-220000-paychecks-arrive

what they lost in one paycheck is twice what i earn in a whole year.
hard to sympathize when we compare it to normal salaries.

So you make 110k per year? Look at me now. Bblahblahyoutoo gettin paperrr.

seikou8
11-15-2011, 11:59 PM
damn nba send some that money to me i play free for whole year

blahblahyoutoo
11-16-2011, 12:11 AM
You make $110,000 a year?

excellent arithmetic skills.
:clap::p

likemystylez
11-16-2011, 12:20 AM
damn nba send some that money to me i play free for whole year

Ummm players play for free to as long as they are getting the money ... :facepalm:

oak2455
11-16-2011, 12:21 AM
theyll be crying soon:eyebrow:

likemystylez
11-16-2011, 12:21 AM
theyll be crying soon:eyebrow:

yeah, but what can they do about it now??

KingPosey
11-16-2011, 12:58 AM
http://espn.go.com/nba/story/_/id/7238632/nba-lockout-average-player-loses-220000-paychecks-arrive

what they lost in one paycheck is twice what i earn in a whole year.
hard to sympathize when we compare it to normal salaries.

you make 110k a year? Impressive.

blahblahyoutoo
11-16-2011, 11:48 AM
you make 110k a year? Impressive.

meh, this is standard salary for this position.
in the firm, i'm probably the lowest paid, haha.

PhillyFaninLA
11-16-2011, 12:00 PM
As far as the owners are going most of them are actually making money.

If 2/3 of the teams are losing money that means the owners are losing money because they are spending more then they generate in revenue no games no expenses and no revenue means no loses. By not operating the 2/3 losing money are not losing money so they are doing whatever there other sources of income are doing only a 1/3 of the owners are not making money right now (they are not losing any because they are just not making any revenue, players are losing money because they have contracts).

Also the lockout is not the reason the expiration of the CBA is the reason. If there was no lockout right now there would still be no basketball because the lockout is a cause of an expiration of the CBA.

Jay
11-16-2011, 12:07 PM
Then they wonder why there's a lockout? I could tell you, without doing the math, that they make faar more than they're worth.

I'm mainly directing this at the rank-and-file players, not the star players.

Holydiver
11-16-2011, 12:18 PM
You make $110,000 a year?

monopoly money. dont believe anything anyone says in a forum everything is bull ****

he's posting on a sports forum at 11:00 EST on a weekday

moms basement

Gators123
11-16-2011, 12:20 PM
Everybody on the internet makes 6 figures a year...

PhillyFaninLA
11-16-2011, 12:21 PM
Everybody on the internet makes 6 figures a year...


$X,000.00 I count six right there so you may not be wrong.


edit:

I also believe that person is making what they claim. They said they make half that and where a matter of fact about it there reply stating its the profession and they might be the lowest in there office. Its not unreasonable depending on the field.

blahblahyoutoo
11-16-2011, 12:40 PM
$X,000.00 I count six right there so you may not be wrong.


edit:

I also believe that person is making what they claim. They said they make half that and where a matter of fact about it there reply stating its the profession and they might be the lowest in there office. Its not unreasonable depending on the field.

http://www.glassdoor.com/Salaries/systems-engineer-salary-SRCH_KO0,16.htm

5 years as systems engineer in the financial industry.
;)

blahblahyoutoo
11-16-2011, 12:49 PM
monopoly money. dont believe anything anyone says in a forum everything is bull ****

he's posting on a sports forum at 11:00 EST on a weekday

moms basement

sorry, not everyone on the internet is poor or unemployed.

when i first started working here, i was floored by all the astons and porsches in the lot. and these were their daily drivers.
these guys spend more money in a night out than i do all year.

Jenceman
11-16-2011, 01:46 PM
Yeah engineering will do that for you

ClippersE.G
11-16-2011, 03:03 PM
Poor guys. How will they feed their families.

Chi StateOfMind
11-16-2011, 03:25 PM
It's their own fault.

Antipod
11-16-2011, 03:54 PM
Ha ha .. talking about salaries ???
I make about 5k $ per year..so *** you, you rich NBA players and owners xD

Ares
11-16-2011, 04:34 PM
I like how this guy sneaked it the fact that he makes half the they earn in a single paycheck, congrats but no one gives a rats ***.

blahblahyoutoo
11-16-2011, 04:56 PM
I like how this guy sneaked it the fact that he makes half the they earn in a single paycheck, congrats but no one gives a rats ***.

congrats on what? being the lowest pay guy on my team? in my firm?
would it have been ok if i said i made only 1/4 of that $220k instead of 1/2? how about 1/10?

and obviously you gave a rats *** by responding. sure got you riled up.
:p