Here’s what I think: A: inflation will naturally raise contracts B: The NBA can pay for this. The salary cap goes up because they are generating more money.
no nba owners is actually willing to spend more money on their players because each cents spent is a tax deductible means if a team spends $1 billion in contract they'd also be $1 billion less in taxes they have to pay
That's why Brunson is a hero rn cause he's tryna bring the whole team up. Vs OG it's wild. Everything is going up as are players egos cause they constantly feel disrespected. I think everyone who works for the NBA should be paid a proper wage.
I mean Boston whole team is eating rn ,Tatum was cheated about an all NBA team that cost him 30 mill that was apart of his contract,I feel this was the way of the NBA making things right,plus the taxes these players get cut is ridiculous
Well, the thing is, we have to understand that the reason why I’m being a contractor so big and large is due to multiple factors but number one there’s a minimum amount of Ross spots in number two. The league is making a lot of money and half the money that the league goes to the players we should expect these players to make big bags.
No, they are step in step with the near even NBA/NBPA's BRI (basketball related income) split. The new TV deal makes the players rising salaries just a part of doing business. Not to mention the many other income streams like gambling. The NBA bubble will eventually burst but until then they (owners/players) are making monopoly money.
We’re getting to the point where offering a number one pick say 75 million like Zion was offered simply matches his NBA earnings. Even if inflation was 5% for the next decade the average NBA player will out pace that inflation.
I honestly think you were the best UA-cam channel for 23-24 season and im so glad i discovered you early haha. Dont forget us your early subs when you become a whale ⏳
It’s not the fact that they pay the players a lot. It’s the r fact that it affects who the team can keep cause of the caps. Celtics will be split up the second Tatum gets his max.
Lets be honest though: The NBA has become prime entertainment. I am a rarity as a european with a NBA TV subscription but basketball will catch more and more viewers over here. It is a well established sport unlike american football and the NBA for sure is the highest level of play unlike soccer leagues where you have multiple of in europe. With the addition of some of the asian viewers aswell, the NBA will blow up over the next decades.
And yet... as much as that is... it's still pennies compared to what players would get if all the money invested into players was simply put in a trust that they all drew out upon. i.e. 1 cut = 1/1 billionth of whatever's in the trust everyday, and 1 cut is obtained per year or accolade. The league was roughly $100 million in 1980. It's averaged growing more than $100 million/year since. If all of that money was simply invested in American 30 year bonds... The league would be in a situation where the league is valued at whatever the brand is worth, plus a player trust that they would've invested roughly $80 billion into, and that would've grown to roughly $640 billion. If a player received $640 everyday, for life, and doubling every decade... per cut, that dwarfs all of the contracts being handed out. A guy like Lebron would be in a situation where he may have 100 cuts, receiving $64k everyday, and like I said, doubling every decade, for life. That's far more money for all players, past, present, and future, but everyone's forever out for their own contract.
Boston's ownership isn't selling the Celtics because they signed Brown and Tatum to such large contracts. Wyc Grousbeck's father is the majority shareholder and they are selling because he is old and about to die. Estate planning, not poor financial decisions, as is being implied.
you might be surprised how even nobody's can get $100 million to $200 million contracts well that's the perks of playing on a weaker team being the main scorer of the team that's the perks of not being able to get any rings but you'd easily make $400 million in the end of your career 🤑🤑🤑
NBA is in a good time basically basketball is exploding everywhere and people are more and more invested in it more talent from more countries and also more money the NBA isn't near to its money peak
HE is getting reach, but now he will not win again, because he took all the money from his team, and they will not be able to contract really good players anymore!
that's not actually true $100 million in 2014 is worth more than today 10 years ago inflation makes money worth more deflation makes money worth less and we're experiencing record breaking inflations
Anybody else feel like they were watching a jimmy highroller video? Don’t hate, copying is the biggest form of a compliment. Truly a good video. I can’t subscribe though, because I value originality. Google also said that they are working on an algorithm for UA-cam to work on this problem within the community.
"the nba's greatest talents... and bradley beal"
😂😂😂
Very well edited and explained! Good to see a background on why contracts are so high now
appreciate that bro :)
Here’s what I think:
A: inflation will naturally raise contracts
B: The NBA can pay for this. The salary cap goes up because they are generating more money.
its mainly A
@@SmartSyncBooknah man. Inflation hasn't gone 3x since 2010. Its bc the nba generates a shitload of revenue compared to the past
no nba owners is actually willing to spend more money on their players because each cents spent is a tax deductible means if a team spends $1 billion in contract they'd also be $1 billion less in taxes they have to pay
@@emil6450the inflation from 2014-2024 is 2.67%
which means $100 million in 2014 is $102.6 million today
Extraordinary work, man. Keep going, love your videos
that means a lot man thank you
the US is jus going thru the same thing as Rome right before its fall
Dude, this video was super good! The editing, animations, music--all of it! Wow. Keep up the good work king 💯
love hearing that man thank you
Remember when Mike Conley set the record for biggest contract?
"Most Valuable Podcaster" 🤣🤣
They might sign these big money contracts but they will make half of it. Given tax payments in each state
You need to remember less than 50% left after taxes
50% are the taxes in USA??🤯🤯
@@AchhaAchha1if u make more than 250k then yah
@@AchhaAchha1taxes vary completely for each state. New york taxes are WAY different than texas taxes for example.
What great quality content! Wishing nothing but success for this channel.
That's why Brunson is a hero rn cause he's tryna bring the whole team up. Vs OG it's wild. Everything is going up as are players egos cause they constantly feel disrespected. I think everyone who works for the NBA should be paid a proper wage.
💯💯
I mean Boston whole team is eating rn ,Tatum was cheated about an all NBA team that cost him 30 mill that was apart of his contract,I feel this was the way of the NBA making things right,plus the taxes these players get cut is ridiculous
Sounds like more teams are needed
Well, the thing is, we have to understand that the reason why I’m being a contractor so big and large is due to multiple factors but number one there’s a minimum amount of Ross spots in number two. The league is making a lot of money and half the money that the league goes to the players we should expect these players to make big bags.
New CBA RULES EFFECTS & NEW DEAL TV big impact NBA SALARY
Awsome video as always, you deserve so many more views!
No, they are step in step with the near even NBA/NBPA's BRI (basketball related income) split. The new TV deal makes the players rising salaries just a part of doing business. Not to mention the many other income streams like gambling. The NBA bubble will eventually burst but until then they (owners/players) are making monopoly money.
We’re getting to the point where offering a number one pick say 75 million like Zion was offered simply matches his NBA earnings. Even if inflation was 5% for the next decade the average NBA player will out pace that inflation.
U would think they would be using that money to try and expand to areas like Europe and South America make the NBA more than jst an American sport org
That 100M per year is definitely for wemby
You deserve more subscribers
my time will come. appreciate you :)
also did you account for inflation?
It's not about money it's about respect! 🙄
I honestly think you were the best UA-cam channel for 23-24 season and im so glad i discovered you early haha. Dont forget us your early subs when you become a whale ⏳
man thank you bro I really appreciate that. we're just getting started :)
Ohtani is basically making 70 million a year
It’s not the fact that they pay the players a lot. It’s the r fact that it affects who the team can keep cause of the caps. Celtics will be split up the second Tatum gets his max.
Getting out of control?
That ship has sailed a looong time ago
Lets be honest though: The NBA has become prime entertainment. I am a rarity as a european with a NBA TV subscription but basketball will catch more and more viewers over here. It is a well established sport unlike american football and the NBA for sure is the highest level of play unlike soccer leagues where you have multiple of in europe.
With the addition of some of the asian viewers aswell, the NBA will blow up over the next decades.
Don't forget Africa basketball is exploding here
And yet... as much as that is... it's still pennies compared to what players would get if all the money invested into players was simply put in a trust that they all drew out upon. i.e. 1 cut = 1/1 billionth of whatever's in the trust everyday, and 1 cut is obtained per year or accolade. The league was roughly $100 million in 1980. It's averaged growing more than $100 million/year since. If all of that money was simply invested in American 30 year bonds... The league would be in a situation where the league is valued at whatever the brand is worth, plus a player trust that they would've invested roughly $80 billion into, and that would've grown to roughly $640 billion. If a player received $640 everyday, for life, and doubling every decade... per cut, that dwarfs all of the contracts being handed out. A guy like Lebron would be in a situation where he may have 100 cuts, receiving $64k everyday, and like I said, doubling every decade, for life. That's far more money for all players, past, present, and future, but everyone's forever out for their own contract.
Boston's ownership isn't selling the Celtics because they signed Brown and Tatum to such large contracts. Wyc Grousbeck's father is the majority shareholder and they are selling because he is old and about to die. Estate planning, not poor financial decisions, as is being implied.
you might be surprised how even nobody's can get $100 million to $200 million contracts well that's the perks of playing on a weaker team being the main scorer of the team that's the perks of not being able to get any rings but you'd easily make $400 million in the end of your career 🤑🤑🤑
In all fairness ohtani in baseball contract is heavily deffered and he makes more money in endorsements
Guess who's paying for all this. Fans.
FR
They got to pay Texas
NBA is in a good time basically basketball is exploding everywhere and people are more and more invested in it more talent from more countries and also more money the NBA isn't near to its money peak
So basically the C's got a good deal for the Jays compared to what they might have had to pay juat a few years from now?
kind of. and then 7 years down the line they're gonna have to pay a BAG to keep them
HE is getting reach, but now he will not win again, because he took all the money from his team, and they will not be able to contract really good players anymore!
Who is HE
Shohei is making 70 million a year is he not? Doesn’t really matter if it’s deferred because it’s still an AAV of $70 million?
This video would have made sense 20-30 years ago. The millions they get today is on par with european football players in STUPIDITY.
How much money did warren Buffett make yesterday?
all of it
You talk about them making crazy money like they aren't generating even crazier, the owners make even crazier money while doing nothing
a closed league will get you this
Soccer no different
Bubble
Not at par with football
100million in 10 years is like getting payed 50 million in 2023
that's not actually true $100 million in 2014 is worth more than today 10 years ago inflation makes money worth more deflation makes money worth less and we're experiencing record breaking inflations
Anybody else feel like they were watching a jimmy highroller video? Don’t hate, copying is the biggest form of a compliment. Truly a good video. I can’t subscribe though, because I value originality. Google also said that they are working on an algorithm for UA-cam to work on this problem within the community.
hi
hey
The background music made me turn this video off
I ain't even hear it the video was so good
First
New CBA RULES EFFECTS & NEW DEAL TV big impact NBA SALARY