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I have a serious question.
Let's say that you had a shot at your dream job, so you gave up some of your salary to go there.
You had some spectacular success, and some disappointments. You stayed until you have only a short time left in your working life. You are down to what will probably be your final contract.
The owner comes to you and says "While I appreciate you working for my for these past years at a reduced rate, I want more of a sacrifice from you. You were scheduled to make (x) over the next 2 years. I want that total to be your salary over the next 4 years instead."
I bet everyone would jump at that.
If the Heat hadn't won a couple of championships, then I could see maybe Wade taking a huge salary reduction to make a run at one. However, he has won one, and now he is taking care of himself for life. (which, of course, most rational people making $20 million/year would/should already have done) However, he will never make $20 million/year anywhere ever again. This is it for him if he continues on the downslide he has been on for the past couple of years. I see no way he looks at the years he has left and decides t cut his salary in half.
Bosh would be even less likely to do so IMHO. He now has a pair of championships, and he is still somewhere near the top of his playing ability. He's not an all time great, but he's not a broken down player, or a bum. He can still go out and make a much, much better salary than $10 million.year. He's not a max player, but he's not a bum either. (even as much as I have knock him over not being a max guy)
So often these guys put a huge value on what their contract says about their talent, and who they are. They took one reduction in the interest of building something special. They did it.
I will be shocked if Wade opts out of his deal, and would be stunned beyond words if both he and Bosh take $40 million over 4 years. I just cannot see it happening.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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OKC works. They would have to trade Westbrook for pennies to the dollar though and probably amnesty Kendrick Perkins too. (They've still got that available). But they could keep most the team together.
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Dawg Talker
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It's a unique situation. These guys took paycuts last time, so I would not be surprised if they did once more. You also have to look at the endorsement money, and other revenue they generate off the court. From a pure basketball decision, I don't think the Heat is James best option over time, unless they bring in other max players to replace Bosh, and Wade. If they kept that core in place for another contract of 4 years, I think it would blow up in their face 2 years from now.
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It's a unique situation. These guys took paycuts last time, so I would not be surprised if they did once more. You also have to look at the endorsement money, and other revenue they generate off the court. From a pure basketball decision, I don't think the Heat is James best option over time, unless they bring in other max players to replace Bosh, and Wade. If they kept that core in place for another contract of 4 years, I think it would blow up in their face 2 years from now.
There's a HUGE difference between taking a $2 million pay cut, or a $12 million pay cut. Wade is near the end of his career. Does he give up half of the money he has coming in to try for another championship, or does he take care of him and his?
If, and I repeat, If the proposal was that they each take $3 million less to add depth, that I could see. I just have a really hard time seeing players like Wade and Bosh, who just got done hearing about how they didn't hold up their end of the deal in the Finals by almost every talking head. (who are right, by the way) validate that kind of talk by taking an enormous pay cut.
It will be interesting to see how things unfold.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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OKC works. They would have to trade Westbrook for pennies to the dollar though and probably amnesty Kendrick Perkins too. (They've still got that available). But they could keep most the team together.
they would trade Westbrook for LeBron. that's not pennies 
I mean, what's Riley gonna say? LeBron can tell him he's going to Houston or Chicago and leaving him with nothing but he would rather go to OKC and Miami gets back Westbrook (and maybe Reggie Jackson) in a weak East. He'd have to do it.
Last edited by no_logo_required; 06/26/14 06:01 PM.
#gmstrong
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Miami does as well. If LeBron goes to any of those teams he will have to take a pay cut. If he goes back to Miami he can take a one year deal with another opt out and see what they do to help him.
LeBron made $19mil last year and would have made $20mil next year, but he would likely sign for less with Miami to fit them under the cap and add help.
OKC already has help (J.Lamb, PJIII, S.Adams, R.Jackson) though they may need to add one of them to a sign-n-trade for LeBron if Miami didn't want Perkins and/or they couldn't work something out with Sefolosha as well (he's a free agent too).
There are some moving parts, but it could be done with LeBron on even a true max deal if he wanted it.
#gmstrong
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LeBron is not going to OKC. Period.
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Dawg Talker
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OKC works. They would have to trade Westbrook for pennies to the dollar though and probably amnesty Kendrick Perkins too. (They've still got that available). But they could keep most the team together.
they would trade Westbrook for LeBron. that's not pennies
I mean, what's Riley gonna say? LeBron can tell him he's going to Houston or Chicago and leaving him with nothing but he would rather go to OKC and Miami gets back Westbrook (and maybe Reggie Jackson) in a weak East. He'd have to do it.
I agree. that's why Riley was really out of character at that presser. Lebron holds all the cards, and guys like Riley are at his mercy. He will go wherever he wants. If Riley throws a fit, Lebron could sign with a team that has the cap space, and leave the heat with nothing.
I do like the idea of going to Okc. IT seems unlikely, but they would win multiple championships without question. Durant is only 25, so Lebron could stay there til he retires. I would bet he won more than 6 titles(total) if he played with Durant.
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I agree. that's why Riley was really out of character at that presser. Lebron holds all the cards, and guys like Riley are at his mercy. He will go wherever he wants. If Riley throws a fit, Lebron could sign with a team that has the cap space, and leave the heat with nothing.
I saw or heard the quote somewhere ... but someone said, that Riley looks like he's ready to melt down if Lebron goes elsewhere. Time to ship him a box of Comic Sans font. 
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Riley has been looking for a reason to retire. Getting LeBron to come back is probably his last hurrah.
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LeBron is not going to OKC. Period.
of course not. but, if his only goal was to go to the team that would help him win the most titles, he would.
#gmstrong
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Trade Lebron for Anthony Bennett straight up. Who's with me?
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I was thinking a CJ Miles sign and trade.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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All Pro
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Report: Kevin Love would sign with Cavs long-term if LeBron returns Lindsey Foltin FOX Sports Ohio JUN 26, 2014 9:30p ET The Cavaliers' interest in Timberwolves star Kevin Love has been known for some time, but they wouldn't be willing to trade for him without an assurance that he would stay in Cleveland beyond next season. However, a report from ESPN says that if the Cavs could land LeBron James in free agency, Love would "one-hundred percent" sign a contract extension. http://msn.foxsports.com/ohio/story/repo...-returns-062614
GO BROWNS!
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Legend
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Lakers, Celtics, Nicks possibly Clippers. Highly unlikly a return here.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson.
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
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That would be a huge difference for a guy like Lebron, coming off a zero state income tax situation in Miami.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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Legend
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
12.3??? With all the actors and actresses, and directors, producers, as well as all the athletes in the 15 teams in the 4 major professional sports leagues, how is California so broke?
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Their politicians have a spending problem.
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~ Legend
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Quote:
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
12.3??? With all the actors and actresses, and directors, producers, as well as all the athletes in the 15 teams in the 4 major professional sports leagues, how is California so broke?
Because the real money makers (Corporations) aren't paying any taxes because of Cali's loop holes.
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All Pro
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
Income tax payments can be hidden in a players contract resulting in 0% tax, Tiger Woods and the Hefty Lefty have no player contract. Besides, LJ needs write offs for endorsement income.
GO BROWNS!
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Quote:
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
Income tax payments can be hidden in a players contract resulting in 0% tax, Tiger Woods and the Hefty Lefty have no player contract. Besides, LJ needs write offs for endorsement income.
If Lebron is playing in CA, then he would probably have to take up residence there as well. (by the legal definition of the word) That would subject all of his income to the state tax. That could get extremely expensive.
How do income tax payments get hidden in a player's contract? Are you saying that a max player gets the max and has his taxes taken care of as well? I would need to see some evidence of that, because supposedly taxes were one reason why Bosh so desperately wanted out of Canada. I will admit, though, that I think that the fact that it was cloudy one day could also have been a reason that Bosh wanted out of Canada. He once complained that he couldn't get the NBA league pass, or whatever it's called, even though it was readily available, just not in the complex he lived in as they had a different cable provider that didn't offer it.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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Quote:
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
12.3??? With all the actors and actresses, and directors, producers, as well as all the athletes in the 15 teams in the 4 major professional sports leagues, how is California so broke?
Because the real money makers (Corporations) aren't paying any taxes because of Cali's loop holes.
Wow, that I didn't know. No wonder silicon valley is doing so well.
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Bosh and Wade opted out. All signs point to a Miami return.
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Quote:
Quote:
Quote:
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FWIW, California has a 12.3% income tax for top earners, and New York has a 8.82% state income tax for top earners. In addition, New York City has a 3.65% city income tax for top earners. Florida and Texas have no state income tax. Those are serious percentages when you're in L James' tax bracket. Its why Tiger Woods left California for Florida, and why Phil Mickelson is thinking about it.
12.3??? With all the actors and actresses, and directors, producers, as well as all the athletes in the 15 teams in the 4 major professional sports leagues, how is California so broke?
Because the real money makers (Corporations) aren't paying any taxes because of Cali's loop holes.
Wow, that I didn't know. No wonder silicon valley is doing so well.
Of course, that's not true because many corporations are moving their HQ out of California to other states because the corporate tax is so outlandish, but I suppose we should keep that discussion in E.E. threads.
#gmstrong
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~ Legend
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That's why California houses 1/10th of all Fortune 500 companies. Also, let's take into account that most of California's major businesses usually meddle in intellectual property, which can be transferred to locations with lower tax rates (Ireland is the big one). Then there's other things like if your company operates at a loss for one year, you can take that deficit and count it as a tax deduction when you are operating in the green. Tax laws are a beautiful thing as you can basically do whatever you want with them, especially if you're a multi-national company.
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That's what's wrong with trying to spew out "tax rates". Because until you know how the tax laws are structured in a certain state, the tax rate may in no way indicate what is actually paid in. Although it makes for great bullet points in a political debate.
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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"Here's the reality. If you have enough money in the bank, your marginal tax rate doesn't matter. Either you're investing or you're not. You're not making decisions [based on that]. I've looked at thousands of business plans. On Shark Tank we see 20 a day. Not one single time have I ever had a discussion about taxes in making those decisions. Not once. They don't matter. Either it's a good investment or it's not." (Mark Cuban)
Generally, you find the sorts of people who argue 'well, I don't know if he'd do that because of the increase on taxes' are generally lower or middle class people who get creamed by the very of Republican propaganda they parrot, but they buy into anyway, because they think it could be them someday.
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Legend
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"Here's the reality. If you have enough money in the bank, your marginal tax rate doesn't matter. Either you're investing or you're not. You're not making decisions [based on that]. I've looked at thousands of business plans. On Shark Tank we see 20 a day. Not one single time have I ever had a discussion about taxes in making those decisions. Not once. They don't matter. Either it's a good investment or it's not." (Mark Cuban)
Generally, you find the sorts of people who argue 'well, I don't know if he'd do that because of the increase on taxes' are generally lower or middle class people who get creamed by the very of Republican propaganda they parrot, but they buy into anyway, because they think it could be them someday.
Actually. most Republicans don't worry about tax rates because as you said, investment decisions aren't based on tax rates.
I don't mind taxes. Not unfair rates mind you, but I like my position even if I had to toss Uncle Sam a extra $9,000 in April due to a sale that created some gains.
I just don't like freeloaders who think they deserve my money and don't say Thank-You, Sir,.
If everybody had like minds, we would never learn. GM Strong ![[Linked Image]](http://www.dawgtalkers.net/uploads/small-gator-chomp.gif)
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Of all the threads I've seen go off topic.. This may be the most random
Am I the only one that pronounces hyperbole "Hyper-bowl" instead of "hy-per-bo-le"?
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I agree with you Peen, I don't mind paying my taxes, it's what the government does with the money that ticks me off and those who feel they are entitled to it because it comes from "the government".. it does like hell, it comes from ME....
Back on topic... don't really care where LeBron goes, I seriously doubt he's coming back to Cleveland like <.001% chance.... wherever he goes, I will continue to hope he does not win championships.. I'm over "the decision" I'm just against this subversive team building among the top players to stack teams.. the notion of giving the home team discount used to be a noble thing (and still is in the right circumstance: see Tim Duncan) but getting a group together and unilaterally all agreeing to take less to build a super-team just doesn't sit well with me.
yebat' Putin
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At least this time two teams aren't practically getting forced to "trade" their best players...
And the Big 3 are actually (I assume) taking a bug discount to make it work. Instead of the chump change "discounts" last time.
I hope they get Melo, and I hope it fails, terribly...
Am I the only one that pronounces hyperbole "Hyper-bowl" instead of "hy-per-bo-le"?
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I really think Melo is the last thing they need. They need guys who can defend and shoot. They could use another defensive presence down low. Assuming Wade has anything left in the tank, you have two players who can score big time in ISO sets, why add another?
I know Riley goes for the flash, but if I were running that team, I'd be looking more for role guys.
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I agree ... too many chiefs not enough ... uh, native american foot soldiers.  That has all the makings of imploding, sort of like the Shaq-Kobe-Payton-Malone Lakers did. You'd have Bosh playing Center and Lebron probably playing PF just to squeeze Melo in at SF. You'd have 3 guys that have to have the ball in their hands to make plays, and none of them would be the point guard. And you'd have two guys on the perimeter that aren't really spectacular defenders. Not to mention, they'll probably have a bench full of Veteran minimum guys.
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native american foot solders.
again, the preferred term is American Indian
but, also, soldering a foot sounds awfully painful.
#gmstrong
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I'm over "the decision" I'm just against this subversive team building among the top players to stack teams.. the notion of giving the home team discount used to be a noble thing (and still is in the right circumstance: see Tim Duncan) but getting a group together and unilaterally all agreeing to take less to build a super-team just doesn't sit well with me.
Lots of people do and that's the real reason why "People hate the Heat", that the media can't figure out. They always ask, "Why do people hate this team so bad? They're not really bad guys" ... but it really goes back to the old un-written playground rule. The two best guys are captains and they take turns to pick fairly even teams. Nobody liked the douchbags that would come in, place themselves with the other 4 best players on the court, and then say, "okay, us five versus everyone else."
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Lebron James began to distance himself from Miami Heat management during the season and has yet to reach a firm decision on where he'll sign next, a source familiar with James' thinking told FOX Sports Ohio on Sunday. James opted out of his contract last week to become an unrestricted free agent. All-Star teammates Dwyane Wade and Chris Bosh also opted out of their deals over the weekend, leading to strong speculation all three are planning to re-sign with the Heat at more manageable rates. However, the source insisted Sunday that James' next destination is "truly up in the air." James met with Bosh and Wade to discuss their future together last week, according to multiple reports. James informed the Heat on Tuesday he would opt out, with Wade and veteran forward Udonis Haslem doing the same Saturday. Bosh informed the Heat on Sunday. "It may have been planned, but it sure doesn't seem like it," one opposing team executive told FOX Sports Ohio of the staggered Heat opt-outs. "It feels clunky, strange." Another executive went as far as to say the Heat would be better off not re-signing "the fading Wade" at all, and instead spending that money elsewhere. NBA teams can begin negotiating with free agents July 1 and signing them July 10. James has been linked to several suitors -- including the Cleveland Cavaliers, the organization he left in free agency in 2010. The Houston Rockets, Phoenix Suns and Los Angeles Clippers are also supposedly hoping to speak to James or his Cleveland-based agent, Rich Paul. James is well aware of the Cavs' interest, the source said. Several other sources suspect James, Wade and Bosh all will re-sign with the Heat, and negotiate more opt-out clauses into their contracts. The first source believes if James returns to Miami, he would like the ability to opt out again at the end of the 2014-15 season. Earlier this month, the source indicated James felt no strong attachment to Miami or the organization, and that the decisions of Bosh and Wade would not impact what James' does next. After the Heat suffered a convincing 4-1 series defeat to the San Antonio Spurs in the Finals, James said he would spend time away with wife Savannah and family to help determine his next move. Sources have told FOX Sports Ohio that Miami is not at the top of Savannah's wish list of places to live. San Diego and her hometown of Akron, Ohio, are higher on the list, sources said. The Heat have advanced to the Finals every year since James arrived, winning championships in 2012 and 2013. http://msn.foxsports.com/ohio/story/lebr...yne-wade-063014
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Sources have told FOX Sports Ohio that Miami is not at the top of Savannah's wish list of places to live. San Diego and her hometown of Akron, Ohio, are higher on the list, sources said.
There you have it!!! Lebron is going where his wife wants him to play!!
Lebron will be a Charger by next weekend.
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Legend
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there are 2 things that are certain in this situation
(1) The Heat would be best off as a team not re-signing Wade
(2) The Heat are going to re-sign Wade
It was Wade's team first and I don't see Riley pulling a Fredo-on-the-lake to Dwayne this offseason. It would be best for all involved there, but it's not going to happen.
#gmstrong
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Forums DawgTalk Tailgate Forum So, where will LeBron end up
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