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nolaspe

AD buys house in L.A...

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Sooooo, should we get scurrred folks?

https://www.theadvocate.com/new_orleans/sports/pelicans/article_18319132-7df9-11e8-a64d-afa67ea714a6.html

Report: Anthony Davis buys $7.5 million home outside Los Angeles; here's a look inside

 

New Orleans Pelicans star center Anthony Davis recently bought a $7.5 million mansion outside Los Angeles, according to a report.

Davis’ new home in Westlake Village has a home theater, a gym, an infinity pool with water slides, an outdoor kitchen and, of course, an indoor basketball court, according to a report by TMZ Sports.

 

The home also has a guest house with its own bar, according to the report.

Davis, 25, has cemented his status as the NBA’s best player under 30 entering next season. He was a finalist this year for both the MVP and Defensive Player of the Year awards, and he was a first-team All-NBA selection for the third time in the past four seasons.

Edited by nolaspe

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I honeslty would be. Financially it doesn't make sense to own property in california if you don't love there due to taxes in my opinion unless you do a lot business there. Shoot I woul have prefered San Diego if I was going to buy in Cali or maybe north Cali. JMO. How long is his contract through?

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12 hours ago, faceman said:

Yep, and that's what's wrong with the NBA. They need a hard cap like the NFL 

I'm on the other side of the fence here. I say let the players continue to get their rightful piece of financial pie. Yes, the NFL format of the hard cap allows franchises to hold on to players they draft longer but it also limits their earning potential in a sport where careers are much shorter. 

The NBA also has a stipulation called the Bird Rights where teams have option to offer super max / max contracts to players they drafted. The max deals are deals that offer more than other teams can match while allowing those teams to go over the salary cap. It's why the Spurs could off offer Kawhi Leonard more than any other team. This is why Leonard is being crucified in the media for his wanting out of San Antonio. The relationship must have deteriorated to the point of no return for him & his agent to demand a trade & leave that much money on the table.

 

What are Bird rights?
The Larry Bird exception, better known as “Bird rights” is a way a team can exceed the salary cap in order to sign its own free agents, provided that player meets certain criteria. It’s named after Bird because the Celtics were the first team to receive permission to exceed the cap to re-sign one of their own players… guess who?

In order to qualify for “Bird rights” a player must play for one team for at least three seasons without clearing waivers or changing teams via free agency.

In addition to being able to exceed the cap, Bird rights are also a given team to sign that player for one more year than another team can offer.

On top of the regular Bird exception, there’s also the ‘Early Bird’ exception. The difference is it can be used after a player has been with a team without clearing waivers or changing teams in free agency for two years instead of three. The catch here, however, is that Early Bird contracts are restricted to two-year terms.

What is a “max contract?”
This term is bandied about a lot. A “max contract” is the maximum dollar amount a player can sign for as a percentage of that team’s salary cap, based on that player’s experience.

Putting this into context, Raptors free agent Kyle Lowry has played 12 NBA seasons. If Toronto or any other team were to sign him to a “max deal” he’d be eating up 35 per cent of the team’s total cap space for the 2017-18 season.

Additionally, there is something called, the “fifth year, 30 per cent max.” This is a special exception to essentially allow a player to get bumped up into a Tier 2 a season early. A player can qualify for this by meeting one of the following criteria:

• If a player makes any All-NBA Team in his fourth season or in two of the three seasons between his second and fourth seasons.

• If a player wins Defensive Player of the Year in his fourth season or in two of the three seasons between his second and fourth seasons.

• If a player wins MVP in any season from his second one going forward.

https://www.sportsnet.ca/basketball/nba/nba-off-season-faq-explaining-bird-rights-luxury-tax/

Bonckers likes this

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Could bw Brod he wants a bigger market like LA or to play with someone like Lebron. But it is weird to pass up that much money on a traditionally succesful team. 

bigbrod81 likes this

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19 hours ago, Bonckers said:

Could bw Brod he wants a bigger market like LA or to play with someone like Lebron. But it is weird to pass up that much money on a traditionally succesful team. 

From what I've read, the relationship really soured between Kawhi & the Spurs over the past year. It's been said he really wanted to go to Los Angeles which seems to be the reason he "milked" the quad injury he this past season. It seems like both he & his agent planned that out to try to force a trade to LA but instead it got him shipped to Toronto. He only has to play in Toronto for the 2018-19 before he becomes an unrestricted free agent next offseason. He will still get paid a large salary & most likely will end up with the Lakers but it still won't be what the Spurs would have paid him. The only thing I can see that he & agent are looking at with a move to LA is the potential to make up the lost salary income in endorsement money.

Next offseason will be interesting. It's obvious the Lakers 2018 offseason free agent signings outside of Lebron, where done with the focus on 2019. Everyone they signed, they signed to one year deals. It's just a patchwork roster for the time being. 2019 will be offseason where they build their to make a run at the Warriors. They are the only franchise at the moment built to add on salaries & handle the luxury taxes that come with going over the salary cap. Lebron was the biggest piece of the puzzle. They also have some young talent currently especially with Kyle Kuzma & Brandon Ingram. While everyone seems to believe Lebron will gave the biggest impact on Ingram, no one is talking about Rondo's potential influence on Lonzo Ball. Their offensive games are eerily similar. Both are true pass first point guards with questionable jump shots. Working with Rondo will only help with Ball's ability to read defenses & set up his teammates. If Ball can somehow improve his jump shot, he could turn into a better version of Rondo in the future. (Also notice how quiet the loud mouth dad, Lavar, has been lately. My guess is that both Magic & Lebron have made it clear to Lavar that he better keep his mouth shut otherwise his son may get dealt elsewhere.)The key for the Lakers becomes picking & choosing the right pieces next offseason especially if Leonard signs with them. 

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Those are all very goo dpoints I can validate as I have not even remotely followed the NBA since Bron went to Maimi. I am interested in trying to though. 

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It seems Kawhi Leonard has been getting awful business advice & it seems to be coming from his own mother & uncle. The advice & strategy they are using is costing Kawhi millions of dollars as in well over $100 million contractually & in a shoe deal.

KAWHI LEONARD’S FORMER AGENT FILES EXPLOSIVE LAWSUIT

As if the Kawhi Leonard drama couldn’t get any more ridiculous, the San Antonio Spurs star’s former agent has filed a lawsuit against Impact Sports Basketball, the agency that represents Leonard.

While the lawsuit was filed in a United States District Court in Florida last month, we’re now getting some details. And they’re absolutely explosive.

Leonard’s former agent, Brian Elfus, claims that Impact failed to pay out his commission after he negotiated Leonard’s current five-year, $93.4 million contract. More than that, Elfus alleges that the agency employed family members of the All-Star.

“OF PARTICULAR INTEREST, THE SUIT CLAIMS THE AGREEMENT BETWEEN ELFUS AND IMPACT SPORTS BASKETBALL REQUIRED THE COMPANY TO CONSULT WITH ELFUS ON PLAYER-RELATED EXPENSES, BUT THEY ALLEGEDLY DID NOT,” KENS 5 IN SAN ANTONIO REPORTED. “ELFUS CLAIMS THAT IMPACT HAS HAD KAWHI’S UNCLE AND MOTHER ON THE COMPANY PAYROLL FOR AT LEAST FIVE YEARS.”

Talk about a conflict of interest right there. Whether Kawhi played a role in this remains to be seen. It’s also important to note that the lawsuit is against his agency, not himself personally.

https://sportsnaut.com/2018/07/kawhi-leonards-former-agent-files-explosive-lawsuit/

 

Report: Jordan Brand Plans To Let Kawhi Leonard Walk When His Deal Expires

 

Kawhi Leonard will be a free agent twice in 2019. It is very likely that he will be searching for a new NBA team and now a new shoe deal, according to ESPN's Nick DePaula.

After turning down a four-year, $22 million deal from Jordan Brand in March, the company announced on Tuesday that it will let Leonard leave the company in October. Leonard will be free to sign with any shoe brand of his choice.

Similar to his tumultuous year in San Antonio, Leonard has not spoke to the media regarding his contract with Jordan Brand nor his plans at the end of his deal later this year. Earlier this year, ESPN reported that talks between Leonard's camp and Jordan stalled. Under his current contract with the shoe company, he earns less than $500,000 per year in the endorsement deal.

Only Carmelo Anthony, Chris Paul, Dwyane Wade and Russell Westbrook have receieved a Jordan signature shoe. Jordan reportedly had no plans to create a Leonard signature shoe.

Leonard will join Joel Embiid, Andrew Wiggins, Gordon Hayward and DeMarcus Cousins as some of the top sneaker free agents in October. 

https://www.si.com/nba/2018/07/24/kawhi-leonard-jordan-brand-free-agency-2019

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AD buying a house there isn't that big a deal to me.  It seems like for a lot of players, it's the place to hang in the offseason.  More of their peers are there, etc.

AD can only stay with the Pelicans for so long, if management doesn't surround him with a team that can win, then he will move to a traditional power for his next contract.  Kind of like KD to Boston after giving the Bucks 8 great years.  He could only go so far there, he needed a traditional power team to win a much deserved championship.  AD will probably follow the same path.  He signed a max contract through 2021, but the NBA seems to be able to trade players pretty easy.

I would love to see NOLA give it another try next year see if they can continue to build around AD.  Maybe build a power team that will keep him here

nolaspe likes this

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