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Thread: NBA Olympians want money now?

  1. #41
    Raptors Republic All-Star Miekenstien's Avatar
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    would any other sport other than basketball even think about deserving money to represent their country?

  2. #42
    Raptors Republic All-Star Miekenstien's Avatar
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    Quote akashsingh wrote: View Post
    IMO (and dwayne wade's), he doesn't owe his country anything. Matt, He worked extremely hard to become the basketball player he is today, do you think his country would've given him the tools to succeed if he wasn't an elite basketball talent in the first place? Why should he care about developing other athletes and basketball in the U.S.? That is not his problem.
    this depends because he most likely was involved in some sort of grassroots basketball program growing up which is paid by the money raised from the national teams and government donations. and others have been involved in his development to get to where he is.

    the nba has the most spoiled athletes in the world and it has happened to them their entire lives. it is why the term developing my brand is used in the nba.

  3. #43
    Raptors Republic All-Star Miekenstien's Avatar
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    Quote Soft Euro wrote: View Post
    I disagree, this doesn't scream anything to me; it's a sensible answer, and, altruisticly, he throws in the comparison with collegeplayers where really a whole lot of money is made while the players don't get a fair share.

    And, about the context: the journalist leaves out the questions to which Wade replies, he leaves out a big part of the context ...
    i think that the ncaa and the olympics are not related at all. in the ncaa the colleges try and pass off that why they earn all their money from players by saying they are giving a college education while knowing that they make their money on players who are leaving after 1 year.

    they also design the simplest and easiest courses to make sure their recruits meet grade standards that were put in place to stop them from having to actually provide the education they say they are providing. in actuality the only benefit young players have in the ncaa is the chance to work with top notch coaches.

    i think that wade answered without thinking or knowing where the profits of usa basketball go to. if anything he should be on telling nike they owe him money for wearing their clothes in the olympics.

    the olympics in themselves only make profits for tv companies, advertisers and the tourist industry. if he thinks or others think that the country or programs they are there to represent are profiting off of them then the ncaa really fucked out on its promise to give these players college educations.
    Last edited by Miekenstien; Fri Apr 13th, 2012 at 05:42 AM.

  4. #44
    Raptors Republic Hall of Famer mcHAPPY's Avatar
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    This is an awesome take on the situation in my opinion.

    Pay For Play: Miami star Dwyane Wade created a bit of stir yesterday when a reporter ran quotes from Wade suggesting that Olympians, namely USA Basketball players, should be compensated for their efforts.

    “It’s a lot of things you do for the Olympics — a lot of jerseys you sell,” Wade said. “We play the whole summer. I do think guys should be compensated. Just like I think college players should be compensated, as well. Unfortunately, it’s not there. But I think it should be something, you know, there for it.”

    “The biggest thing is now you get no rest,” Wade said. “So you go to the end of the season, [Team USA] training camp is two weeks later. You’re giving up a lot to do it. It’s something you want to do. But it’s taxing on your body. You’re not playing for the dollar. But it would be nice if you would get compensated.”

    — Michael Wallace | ESPN.com
    A few hours after this story started to get some buzz, Wade put out some clarifying comments via Twitter, suggesting that his comments were a response to a direct questions asking, if he thought Olympians should be compensated.

    “What I was referencing is there is a lot of Olympic business that happens that athletes are not a part of – and it’s a complicated issue.

    “BUT my love 4 the game & pride 4 USA motivates me more than any $$$ amount. I repped my country in 2004 when we won the bronze medal and stood proudly to receive our gold medal in 2008 in Beijing. It’s always been an honor for me to be a part of the USA Olympic family…and I’m looking forward to doing it again in London this summer.”

    — Dwyane Wade via Twitter
    Now there are a couple of points worth noting.

    USA Basketball has a budget of more than $6.8 million annually. These funds cover all of the tournament costs associated with the National team program, which for the Senior team includes every imaginable cost, including food, travel and lodging at the world’s best hotels.

    The National team offers training and coaching in the offseason that players would normally be paying fees for.

    Almost every Olympian, or would-be Olympian is compensated by their shoe companies for making the team and the endorsement value for an Olympian, especially a gold medal Olympian, is said to be worth more than $1 million per year.

    USA Basketball’s financial records are public, and looking at 2011 and 2010, USA basketball isn’t exactly rolling in cash.

    Last year, USA Basketball spent $398,833 on the Men’s National team, a year in which Team USA did not play or practice because of the NBA Lockout.

    In 2010, USA Basketball won the World Championship in Turkey to the tune of $3,282,623 in costs.

    USA Basketball brings in roughly $2.5 million per year in sponsorships and endorsements, closer to $5 million when major events are taking place.

    Dwyane Wade commented last night that he thought proceeds from jersey sales and licensing should be shared with the players.

    I think [jersey] licensing could be a way … maybe licensing may not be fair because everybody won’t get the same amount. [There] should be some way. But that’s something they’ve got to worry about because this will be my last time around.”

    The problem is, that’s where the funds come from to pay for the other programs USA basketball funds.

    Even if Team USA were to give the players, say, 20% of their licensing income (In 2010 it was $4,609,120) – would $60,000 really mean anything in the big picture for Dwyane Wade?

    What it would mean is that USA Basketball would have to kill off the Women’s Senior Nation Team or stop participating in Under 16 tournaments.

    It’s not as if USA Basketball is raking in the billions and not sharing the proceeds.

    Maybe Dwyane needs to look at the numbers.

    http://www.hoopsworld.com/nba-am-who...an-of-the-year

  5. #45
    Raptors Republic All-Star Soft Euro's Avatar
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    Quote Matt52 wrote: View Post
    This is an awesome take on the situation in my opinion.
    This is something i can stand behind 100 % (even though I wonder how less high profiled sports organisations pay for these programs not having the sponsorship possibilities of basketball, e.g. volleyball; but that's not a relevant important point for this discussion).

    My beef would not be with USA Basketball, but with the money made in other ways by IOC and related organisations. The tickets for the basketball final in London are between about $ 800 and $ 1500 (12.000 seats). That's the most expensive final I could find (this quickly) even though basketball isn't that big of a sport in Brittain. It's the allure of the NBA stars. And that's just on entree fees; a lot more will be made on television rights. USA Basketball won't see a lot (if any) of this money. And than there are sponsorship deals and such by IOC.

    Now this wouldn't be bad if the money would be used e.g. to support the organization and to support sports programs. And part of that will be used for that. But IOC (again, like Fifa) isn't historically a morally sound organisation, where the money just is used for people to earn a paycheck. Historically there is a lot of corruption and some people getting filthy rich. I don't know how this situation is ever since Jacques Rogge took over from Samaranch, this is why I refered to Fifa, a comparable organisation, whose boss now is one of the richest people in the World (he must have some sports program lined up for himself). During the Samaranch era there was a lot of (now documented) corruption, going well beyond a statement that there is corruption everywhere.

    In short, I would be ok with them not being paid (in fact I'm not an advocator of our football teams getting a bonus for winning a medal at the World or European Championship exactly because our Football Organisation isn't corrupt and this money is being used for the betterment of the sport e.g. by youth and amateur programs). But I'm not ok with the situation (of the athletes not being paid) when there are some people who are getting filthy rich instead of the IOC (and related organisations) using the money for this and other kinds of (social) sport programs. In that case, and I am highly suspicious that this is the case, the question, who deserves this money isn't a weird question (in my opinion).

  6. #46
    Raptors Republic All-Star Red and White's Avatar
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  7. #47
    Raptors Republic All-Star Soft Euro's Avatar
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    It seems Cuban is leaning towards my side (is that good or bad?). Nice find and add Red and White.

  8. #48
    Raptors Republic All-Star Red and White's Avatar
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    Quote Soft Euro wrote: View Post
    It seems Cuban is leaning towards my side (is that good or bad?). Nice find and add Red and White.
    Hey I was really against the whole idea at first but now I am sort of on the fence. Some excellent points have been made. The topic is far from one sided as I originally thought.

  9. #49
    Raptors Republic Hall of Famer mcHAPPY's Avatar
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    Professional athletes should not be in the Olympics - period - in my opinion.

    However, they are and the money they generate is the reason why.

    The reality is their participation pays for a lot of events that otherwise wouldn't exist at an international level - both for other Olympic events and their own sport in their home country.

    So in terms of the good they do and athletes choosing to represent their country for the 'good' reasons, I stand by it. The HoopsWorld.com article in post 44 is still a good one.

    As for the people making money off them, I don't know what to say. Do we all stop donating to charity because there are a few scams out there? Probably not the best analogy but whenever there is money to be made, people will take advantage.... right Billy Hunter?

    Athletes do benefit from the commitment though. Athletic patriotism sells...... even for these guys:

    Ric Bucher ‏ @RicBucher
    Easy way to divide Team USA value from NBA stardom: endorsements Brad Miller, David Wood and Michael Hawkins signed in '98.

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