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Samuels: NBA players 'panicking' over lost wages

Posted on: November 15, 2011 2:44 pm
Edited on: November 15, 2011 2:48 pm
 
Posted by Ben Gollivernba-lockout

Lost in Monday's talk of "nuclear winter" for the NBA is that fact that Tuesday, Nov. 15, was the first day that NBA players were to receive paychecks for the 2011-2012 regular season. While the league has already sacrificed its training camp, preseason and at least six weeks of its regular season, Tuesday is the first day that the money schedule is officially interrupted.

This begs the question: When will the long-anticipated financial pressure now facing the players bubble to the surface? It already has.

The Akron Beacon Journal reports that Cleveland Cavaliers forward Samardo Samuels already sees his colleagues feeling the Heat
“A lot of people in the league are panicking,” Samuels said. “You’re talking about missing paychecks. Those paychecks you’re missing are going to add up and guys have families and responsibilities and bills to pay. I’m just a guy that’s coming out of college. I’m 22 years old, I don’t have much responsibility.”
Samuels also hints at a potential rift among the players caused by disparate financial conditions. 
Some of the league’s stars, such as Boston Celtics forward Paul Pierce, have led the charge in recent days to disband the union, irking some of the younger players like Samuels.

“It’s easy for Paul Pierce to say that. You’ve been in the league how long?” Samuels said. “You’ve got a decent amount of money saved up, but what about the guys just coming into the league who don’t have [anything] saved up?”
The union's take on the situation, as expressed by NBPA executive Maurice Evans to BusinessWeek.com, is that the current labor battle is about far more than direct deposits.
“This goes far beyond paychecks,” Maurice Evans, a member of the union’s executive board who finished last season with the Washington Wizards, told reporters following what he said was a unanimous vote. The union will become a trade association. “It’s bigger than just basketball. It’s about guys who will play after us and it’s about guys who played before us.”
According to Basketball-Reference.com, Pierce has banked more than $137 million in career earnings and Evans has netted more than $13 million in career earnings, Samuels, though, earned just $500,000 in his rookie season with the Cavaliers.

As the dust was settling on the NBPA's decision to send the NBA a disclaimer of interest, disbanding the union and taking the league to court, the move was seen by observers, including NBA commissioner David Stern, as a "negotiating tactic" intented to compel the owners to improve their offer to the players. 

Time waits for no man, and it continues to act as leverage on the players, union or not, to make a deal, any deal. The two sides have roughly six or seven weeks to reach a compromise or the entire season will be lost, a year's worth of paychecks that will be gone for good. While the disclaimer of interest removes the NBPA formally from the negotiating process, talks between the two sides can continue, and it's a virtual certainly that voices, like Samuels', will get louder as time passes and more paychecks are missed. 

In this never-ending game of lockout "chicken", Samuels just flinched a bit on behalf of his fellow players. The task at hand for the players now is convincing all of its members to retain faith in the disclaimer of interest strategy despite no clear promise of an end in sight. Without some move towards picking up talks with the league, it's an impossible task. The panicking crowd that Samuels makes reference to is only bound to get louder.

NBPA executive director Billy Hunter and president Derek Fisher said on Monday that the collective bargaining talks had "completely broken down" and that the NBPA's player representatives unanimously agreed that the league's proposal was not acceptable. There's no guarantee that those feelings will be the same one month (and two more paychecks) from now.
Comments

Since: Jan 4, 2007
Posted on: November 21, 2011 5:02 pm
 

Samuels: NBA players 'panicking' over lost wages

Reminds of when Gary Peyton was asked years ago what he thought the average American made a year and he said, "About $200,000".

Most of these fools have been paid to play college ball for 1-2 years while never attending class. Then as 20 yearolds they get millions to play a game. They are clueless morons but in a sad turn of events for most of them it's not their fault. They grew up in drug infested slums where the only role models were "Ballers" or drug dealers. They went to schools that have basically given up on teaching these kids anything. They just pass them through the system until they are someone else's problem. They have AIU coaches using them for their own gain....BLAH...BLAH...BALH.

It's time we stopped blaming the owners or the players. It's a societal problem that's been created by fans paying way to much for tickets, drinks, food, and parking at games. Fans paying way too much for the NBA package. Fans spending way too much time watching ESPN and reading about sports. Fans spending $200 for a pair of shoes. Fans paying $150 for an authentic jersey to support their favorite player that doesn't even know they exist.

As fans we are the ones that have created Frankenstein, created the monster that is the NBA, and now we want to complain when the monster is out of control.    &nb
sp; 



Since: May 23, 2009
Posted on: November 17, 2011 3:21 pm
 

Samuels: NBA players 'panicking' over lost wages

$50k is probably right for people who actually WORK.  the lower averages and medians you are giving includes all people in the US, which might include children.  it also includes who don't work, bringing down the averages.
True, it includes children aged 15 or older, and people who are unemployed, under-employed, or not looking for work.



Since: Aug 2, 2011
Posted on: November 17, 2011 10:43 am
 

Samuels: NBA players 'panicking' over lost wages

The owners are writing the checks.  If you're short on cash after the first year, go bag some groceries, make some burgers, hell, put your University degree to use and get a normal human being-type job.  Btw, this is surely not a defense of the "entitled" veteran players.



Since: Jun 3, 2007
Posted on: November 17, 2011 3:34 am
 

Samuels: NBA players 'panicking' over lost wages

"Samuels, though, earned just $500,000 in his rookie season with the Cavaliers." Poor guy. Please start the season soon so I can plop down a days salary to see you play a couple of hours. Please. Instead of United Way this year I think I'll send my money to you.



Since: Jun 9, 2008
Posted on: November 17, 2011 2:46 am
 

Samuels: NBA players 'panicking' over lost wages

Geez.......You can't survive for a year since you only made $500,000?  That's is more than I'll make when my 30 year law enforcement carrer is over combined.



Since: Mar 2, 2009
Posted on: November 17, 2011 12:44 am
 

Samuels: NBA players 'panicking' over lost wages

I don't know anything about Samuels education.  Gosh, if he played college ball and earned a DEGREE, all he needs to do is get a job based of his college education.  Engineer, Doctor, Lawyer, Professional Money Manager, Operations Manager, Scientist ????  Heck, his college degree could make him a rich man.  Now let that COLLEGE DEGREE take over.  I'm sure he studied as a priority while in college, right ??


mzracing76
Since: Dec 24, 2006
Posted on: November 16, 2011 7:19 pm
This comment has been removed.

Post Deleted by Administrator




Since: Jan 7, 2009
Posted on: November 16, 2011 6:48 pm
 

Samuels: NBA players 'panicking' over lost wages

This is getting to be a tired argument. EVERY single time there is a work stoppage, the exact same articles start showing up. The owners are always the ones that stay together. The players, on the other hand, are always fighting among themselves. You don'y have to go farther back than this past summer. The NFL owners, led by Goodell, were always about fairness. The players, were the ones being to greedy. The players were starting to fight among themselves.
Can't you gentlemen come up with an original angle on these negotiations? 
Why don't you just try to state the owners case, and then the players. Without bias. You would be surprised at how many people actually understand the ins and outs of labor negotiations. And you would get a more diverse reaction. Rather than "the players are greedy" or "how much money do they need".



Since: Aug 19, 2006
Posted on: November 16, 2011 5:41 pm
 

Samuels: NBA players 'panicking' over lost wages

It's fairly obvious that no one who writes these articles or the guys who play professional basketball know what the average Joe makes these days.  Between Yahoo, Google, ESPN, and CBS, you would think that the average American makes 40 or 50 grand a year.  Sounds a lot like smoke and mirrors to me.  I know that depending on where you live the money you earn fluctuates but I know around Louisville if you are making over 30K right now you are doing OKAY.  If you are making anywhere over 40 k you are considered to be doing well and 50 k and over you better hold on to what you have. 

Average Income NBA Player = 900,000
Average Income American Worker = 26,000

As long as the idiots keep spending money on over priced everything at these games the owners and players can bicker about whatever price they want.  I'll spend my money on other things so I don't have to worry about my hard earned cash going towards another yacht for an owner or a mercedez for a player. 



Since: Nov 7, 2008
Posted on: November 16, 2011 4:20 pm
 

Samuels: NBA players 'panicking' over lost wages

Ok, so what the hell were these guys thinking was going to happen?  When you are locked out of work because you don't agree to a pay deal with your bosses, they don't pay you.  When you keep turning down cherry deals from your boss to hold out for more, they aren't going to pay you.   I have no issue with Samuels, but what was he thinking was going to happen?  And we all saw this coming, so why didn't he bank some cash?  People can live off of this kinda money for a couple years if they are smart....oh wait, that was the important part, if they are smart.

"Just" 500k?  I'm sorry, but this is why no one cares about this.  This man made mutliple times what the average american family (not person, family) makes and he didn't bank any of it?  This is why we don't care.  The younger, less paid kids, followed the stars into this "nuclear winter" of a deal not taking into account the ramifications of it.  No one pushed them there, they followed willingly and now have to deal with the issue they created.

Now, when they can't pay the tab on the crib or the Bentley or the child support, they will see what they really had while the owner is still fat and happy in his billionaire estate.   But this is just one player flinching...he needs more than a majority to follow him.  Just like the idiotic statement last month by the Wizards player about the players weakening and then all of this happened.  Changes nothing, but it shows the fans just how idiotic this whole mess is.

The local radio station is running a virtual Pistons season on the ps3.  So far, it has been far more entertaining that the real team could have beem.... 


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