In partnership with CBSSports.com
The place to talk about the Texas Longhorns
The place for off topic discussion on Hookem
You have no favorite boards.
The most viewed topics.
The most replied to topics.
The most up-voted topics.
The most down-voted topics.
The most up-voted posters.
The most down-voted posters.
The most followed posters.
The Spurs reassigned him to the Austin Toros. He had 25 in a win on Wednesday.
Former Longhorn Cory Joseph, re-assigned from the San Antonio Spurs on Tuesday, scored a season-high 25 points, and the Austin Toros overcame a slow start to beat the Iowa Energy 113-103 at Cedar Park Center on Wednesday night.
Paging Mr. Kabongo...
He's getting over a million a year to play in the D League in Austin. Pretty good deal. Not his fault so many NBA front offices are staffed by idiots. If one of those idiots is willing to pay Kabongo that kind of cash to slum in the D League then why not go?
I saw someone post about this on another website and I completely agree:
A late first round, early second round contract is not life-changing money. It is a lot of money for someone who has never had money, but it will not set you for life. There's a reason so many former players are broke. Where the real life-changing money occurs is in that second contract. Spending the majority of your time in the D-League is not a good way to ensure that you get that pivotal second contract.
If Myck Kabongo's NBA dream is to get drafted, get stashed in the D-League for a year or two, then most likely live off of 10-day contracts then he should declare. It doesn't matter if an idiot GM will give him the money, it is up to him to then earn a spot on a team and prove he was worth the investment. Right now, Kabongo is not ready to do that in any shape or form.
Hopefully Corey would tell Myck "dude, I messed up and should've stayed one more year and you damn sure should" or something to that effect.
some of you have no sense of what a million dollar contract looks like or sounds like to an 18-19 year old kid in their situation.
I doubt very many if any here knows what a million dollar contract would look like.
A lot of that presupposes that Myck has the talent to earn a significant second contract. How much will he improve at Texas should he stick around for one more year? The only thing it does is buy him more time before his next contract. But is it going to make him significantly more likely to stick at the end of 2-3 years? Obviously if he's at risk for going undrafted it makes no sense.
Developing in the D-League as a late first or early second isn't necessarily a career killer. CJ Miles parlayed a 2-year D-League stint plus a 5 ppg third year into $15 million. He's about to get a whole lot more in contract #3, too. Granted, maybe he's the one-in-a-million type guy.
Cory and Myck are quite different. Myck has elite physical talent, and if he can get his shit together he can eventually be drafted extremely high. Cory was never gonna do much better than late first round, and though I'm surprised he got drafted there after just one year, it wasn't a bad decision on hindsight.
Nine times out of ten, a Texas degree will be worth more in a lifetime than being a second round pick. At best you're clearing a few hundred thousand after taxes, agent fees, etc. If you don't earn the second NBA contract youre stuck overseas trying to make a living or broke and trying to go back and get a degree to get hired as a coach or change career paths. I understand the temptation of having that one time big check but its seldom pays off long term. Managing athletes money is almost reverse financial planning because you have your nest egg in your 20s or 30s not 60s. Most athletes and a lot of advisers can't manage that. That's why the bankruptcies are so prevalent in pro sports.
NBA players go broke because they spend money on stupid ass things. If they lived similar to someone making 60k a year with that 2.5 mil guaranteed contract and had any financial sense it would set them up for life. Just a basic understanding of money markets and interest earned could give someone with that kind of money coming in everything they need to never work a day of real work in their life.
2 years at $ 2,200,560 isn't life changing? 2 years of work that would pay equal over 44K for the next fifty years? seems like that would be pretty life-changing. And thats only if his option isn't picked up when he would make even more money.
This post was edited by The Mayer 2 years ago
CJ just sux. hate to say it. Im a Spurs fan and I cringe when he comes into game. Too slow for NBA for his size. consistently gets beat on defense. Cant make an open shot.
For me and you, yes it probably could and would be life changing.
For a rookie in the NBA, constantly traveling all over the country with "friends" who they need to help out and being surrounded by millionaires, it isn't.
There's a stat that 60% of NBA players are bankrupt within 5 years of retirement. You tell me, is that life-changing money?
Just because most are undereducated and easily influenced black youth who feel the need to spend 700k on "bling" doesn't mean it's a rule that everyone has to follow. Mike Tyson and Allen Iverson made easily over 100 mil in their careers but blew every penny of it. Was it not a big enough amount to be life changing to them?
Reality is NBA players choose to be influenced and blow their money. With everything they're comped they could easily survive off the interest of a 2.2 mil (or 1.6 post tax) paycheck. If they have to retire in 2 years the smart guy still has his principle intact and can live off a cushy 60k or so annual interest payment of he wanted to.
You know how I know Matt Bonner, while a terrible playoff choker, will never have to work a day in his life? The dude makes approx 2 mil a year and drives a fucking Pontiac while eating at subway.
Joseph has struggled to hit a jump shot at the NBA level which is surprising considering that was his strength in high school.
At the NBA level Joseph struggled to get the offense into it's sets quickly, struggled to make the right read and pass, struggled with turnovers, and struggled to shoot but all in garbage time. He also struggled defending point guards.
Pop threw him in for a couple of 1st quarter minutes in Toronto as a homecoming and he was terrible. Turnover and mistakes on defense. I don't know if he'll be a good NBA back up point, but the Spurs had a combination of Gary Neal and Danny Green running point behind Parker all season so tells right there what they think of Joseph's current ability. I know they say age is an excuse, but when Tony Parker was Joseph's age he was the starting point guard in the NBA finals against the Nets and was good enough to cap a championship as the starting PG. Joseph needs to get better and fast.
Parker was also a pro in France before he came over.
Speedy Claxton was the PG who helped rap up that series for the Spurs.
Parker was not trusted in 2nd half situations in that series especially game 6.
And thus the lust for Jason Kidd in the following offseason.
247Sports In partnership with CBS Sports