Blog Entry

Report: Chinese league bans locked out players

Posted on: August 18, 2011 11:39 am
Edited on: August 18, 2011 11:44 am
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By Matt Moore

On Thursday morning, Eastern time, Chinese outlets started reporting that Kobe Bryant had signed a deal with the Shanxi Zhongyu of the CBA. The move would send ripples throughout the basketball world as the most iconic NBA player would be playing overseas in a lucrative market. Finally, a big star beyond Deron Williams has agreed to play overseas. 

Or... not.

Sports 163 along with multiple outlets are now reporting that at the CBA meetings, the league approved a rule to block outright any NBA player currently under contract with the NBA from playing in the CBA. That gets around previously discussed loopholes to proposed rules to block opt-outs. If you say outright you can't sign any player, no under-the-tables deals can be adopted. 

It also closes off one of the most attractive options for players. Not only are they revered in China like no other country on Earth, but the marketing potential is through the roof due to the companies and population. Bryant, for example, has made huge strides in his global brand by expanding to China. With Yao Ming out of the picture, China represents a wide-open market. This hurts the players' efforts to provide leverage by signing overseas. Bryant was just the biggest name. More players were likely looking for the opportunity. 

For China, this is at once a terrible business decision and typically Chinese. It's a different culture, and with the CBA managed by the government, the protection of their culture is foremost. There's a matter of pride over not wanting to rent players for a few months only to have the lockout end and them abandon the CBA. At the same time, it would have done so much to encourage interest in the league and raise money which could be devoted to development there. It's a reasonable position, even if it is disappointing for basketball in China overall. 

The NBA will have no comment, naturally, but is likely nodding with a slight grin. 

(HT: HoopsHype via IAmAGM.com)
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Comments

Since: Aug 17, 2011
Posted on: August 19, 2011 1:05 pm
 

Report: Chinese league bans locked out players

So these guys can't lift weights and run to stay in shape?



Since: Jun 25, 2009
Posted on: August 19, 2011 10:57 am
 

Report: Chinese league bans locked out players

 It is alleged that Kobe's China contract is in the $1M-$1.5M/month range.  The season is probably what 6 months?  So we're talking about $9M/year.  Now last report I saw was that Kobe was making something like $19M/yr from the Lakers.  So unless I'm missing something here it would seem that a lot of these players are willing to take a paycut to keep playing basketball, they just wont take a paycut to keep playing basketball in the US.

Those are awesome points, something I haven't seen anybody bring up.  I looked it up and the chineese basketball association season started last December and ended in early April, a 4 month regular season.  The playoffs were only for about 3 weeks.  Assuming they get paid for training camp for let's say even 2 months,  your 6 month guess is pretty good.  And even at 1.5 million dollars per month it's only 9 million dollars per season for Kobe who would definitely be the highest paid player in China. Even if people on these boards  were right and this overseas money was "tax free" , that would be the equivalent of Kobe Bryant grossing probably around 16 million dollars in the U.S.  Oh by the way, Kobe isn't making 19 million per season in the NBA, he made just under 25 million dollars last year and just under 24 million the season before that. So when you look at the numbers Kobe was supposedly more then happy to take an approximate 30 percent paycut to leave his family and play basketball in China or to turn his family's life upside down and move them to China for 30 percent less.  But he's not willing to play for less in the U.S.   Weird, isn't it?

Deron Williams is signed to play basketball in a Turkey league that lasts 10 months for a maximum of 3.5 million dollars next season. Once again even if we pretend he doesn't have to pay tax on that money ( I think the IRS will have something to say about that though) that's probably the equivalent of about 6 million dollars in the NBA.  Deron grossed 15 million last year in the NBA, is due 16 million for 2011 if there was a season and almost 18 million dollars for the season after that.  In other words he's willing to take somewhere between a 60 to 65 percent paycut to play overseas in Turkey but won't take less to play in the NBA either.

Acie Law from Golden State made 3 million in the NBA last year and is due 4 million this year but he's willing to play for 500 grand in Serbian, go figure.  Once again even if tax free that's the equivalent of no more then 800 grand in the NBA....  but he'll take an 80 percent paycut to go overseas.

So yeah, NBA players are willing to play for less, but like you said not in the U.S.  They don't care if 23 NBA owners lost money and if the league isn't doing well, they won't take a paycut.   The league asked for a 40 percent cut in salaries.  I'm willing to bet if the union came back with 30 percent the first year and some sort of sliding scale based on revenues the rest of agreement there wouldn't be a lockout for much longer.   

Even funnier is NBA players and every other athlete out there want their leagues to prove exactly how much they make and even then they don't believe them at all.  Where it gets funny is why aren't they demanding these Chineese/Serbian/Turkish owners prove they can't afford more?   Ahhhhhhhhhhhhhhhhhhhhhh, that's right.  No union over there or at least none as powerful as the NBAPA.... 
 


MiddleFinger
Since: Aug 18, 2011
Posted on: August 19, 2011 10:15 am
This comment has been removed.

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Since: Jul 6, 2007
Posted on: August 19, 2011 6:06 am
 

Report: Chinese league bans locked out players

1) K. Bryant is a huge tool 2) Rhoward, you are an idiot. The players need to take cuts. Bench players in this league make more then starters in other leagues. 3) the NBA makes all of it's money around the players however marketing, television contracts and other things allow the NBA to make money on they own. NBA players are all pussies and they should all cry me an ocean



Since: Nov 9, 2008
Posted on: August 19, 2011 5:24 am
 

Report: Chinese league bans locked out players

Everybody was kung-fu fighting. Those cats were fast as lightning.



Since: Jul 16, 2011
Posted on: August 19, 2011 12:57 am
 

Report: Chinese league bans locked out players

I disagree with your statements, and I am struggling to understand what strange brand of logic you are using. Your statement that the NBA makes all of its money solely because of the players would imply that the revenue generated from people's interest in the players' performances can continue without the organizational business structure of the NBA. Yeah, test that theory. 


There are many other naive and shallow parts of your post. Man-up with your brain and do a better job of thinking this through.  



Since: Mar 30, 2007
Posted on: August 19, 2011 12:11 am
 

Report: Chinese league bans locked out players

Please stop it with the "players wont take a pay cut nonsense". The players were locked out. most of them want to play basketball and the NBA isn't planning on operating. Look, I can do a job for the small business down the street and i could do the same job for the big corporation. I expect better pay from the big corporation.  They have the size and they have the money. The NBA makes all of its money solely because of the players. The GMs are the ones making awful decisions. They should cut their pay instead of killing the golden goose.



Since: Aug 18, 2011
Posted on: August 18, 2011 11:22 pm
 

Report: Chinese league bans locked out players

it's obvious not a truth.



Since: Sep 11, 2006
Posted on: August 18, 2011 10:06 pm
 

Report: Chinese league bans locked out players

I agree...but btw, lamps and rugs are oriental.  People are Asian

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You are right



Since: Apr 6, 2007
Posted on: August 18, 2011 9:23 pm
 

Report: Chinese league bans locked out players

Okay, biggest thing that confuses me about all of these players wanting to play somewhere else.  It is alleged that Kobe's China contract is in the $1M-$1.5M/month range.  The season is probably what 6 months?  So we're talking about $9M/year.  Now last report I saw was that Kobe was making something like $19M/yr from the Lakers.  So unless I'm missing something here it would seem that a lot of these players are willing to take a paycut to keep playing basketball, they just wont take a paycut to keep playing basketball in the US.
I don't want to hear about tax exempt, because that isn't the case.  If you make over $75K you're required to pay federal income tax.


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