Blog Entry

Dwyane Wade tweets that NBA owners are greedy

Posted on: October 20, 2011 9:40 pm
Edited on: October 20, 2011 9:57 pm
Posted by Royce Young

Fifteen million dollars. That's roughly how much Dwyane Wade made last season playing basketball for the Miami Heat. And that's just his salary, so that doesn't include endorsements, appearances or anything else.

But here's what he tweeted after labor talks broke down Thursday:

Here's the player perspective though right now: They see themselves guaranteed to give up money, which they will. They aren't getting anything near that 57 percent BRI split. So they're going to take less, no matter what. And with the owners pushing for more and more and more, the players are pretty much convinced that the owners are doing whatever it takes to guarantee profitability.

Which they probably are.

But let's not pretend that professional basketball players make a LOT of money playing basketball. Whether it's the $15 million guys like Wade get or even the minimum, the players make a healthy living. I understand wanting their cut and trying to get what's fair, but let's not pretend that this isn't about money on their side too. The owners are fighting for every penny, but as are the players.

Stephen Curry put it a whole lot better than Wade: "The players know how important the fans r to what we do. Would not jeopardize that unless we knew we r being exploited." See, now that makes a little more sense.

The owners are trying to make more. But so are the players. Like I've always said, there's blood on both hands here. It's not just one side to blame. So to say this lockout is going on just because of greedy owners isn't at all fair. Pot, kettle, and such and such.

The players try to tug at fans' hearts and pull them to their side with apologies and finger pointing. But we know what's going on. We're not clueless. You make millions play professional basketball. And you want to make sure it stays that way.

Since: Sep 6, 2010
Posted on: October 24, 2011 2:36 am

Dwyane Wade tweets that NBA owners are greedy

The ownwers are greedy like Wade says the players have agreed to cut their 57% by 7% down to 50% and the owners won't accept it, they want more. I hope the players bankrupt the present owners so that others will be able to buy the teams and get the future basket ball seasons going.  

Since: Aug 25, 2011
Posted on: October 21, 2011 12:15 pm

Dwyane Wade tweets that NBA owners are greedy

Love the game, do not are for the current group of pros's.....

These guys are employees of the / a company, 'tis all !!!    Lower the salaries of this group of prima donna athletes and maybe I, too, can bring family and friends....

However, that solution is just too simple....

Since: Oct 21, 2011
Posted on: October 21, 2011 9:44 am

Dwyane Wade tweets that NBA owners are greedy

How about we focus on controlling player salaries but then force owners to lower ticket prices so it will no longer cost me $500 to bring my family of 5 to a freakin 2 hour game!  This is now a game for the elite to attend and normal folk can only afford 5th level nosebleed seats in these new gagillion dollar arenas.

Since: Sep 20, 2006
Posted on: October 21, 2011 8:42 am

Dwyane Wade tweets that NBA owners are greedy

Yep, Dwayne. The man is greedy, homes. You're a philanthropist, I'm sure. How about pricing those shoes so a 22 year old kid with your intelligence that isn't a pro athlete can buy them ? Think Nike or Reebok is ok paying you $150 a shoe and selling them for $100 ?  

The fact is, players don't understand the math, much less economics, or even their relative value. Players think that owners should lose hundreds of millions a year so they can make more money each year...for what Dwyane ? How many people do you employ ? A few kids, girls, a couple of lawyers, a agent, a maid and a pool boy. Maybe support a few homies from the old hood...

If the top 30 paid players in the NBA (that's you Dwayne) took a 25% salary cut, nothing else would have to change and the NBA would be back to work tomorrow. If you're so generous, Mr. Wade, why won't you do THAT ?

So, WHO'S greedy here ?  

The NBA is a business... The players demand it to be a guaranteed income for them, but they want it to be a charitable contribution, or an expensive hobby for the people that own the franchise and the league that pays them. 

Players are stupid, spoiled, uneducated, unrealistic and GREEDY. They refuse help and don't have the good sense to keep their mouths shut. Fan's don't get it, either...players trust their agents, the union reps, the people THEY pay, but they don't trust the people that pay them...when the money runs out, those people will abandon them, and they'll be left with the skills they had, without a league to get paid for them. There will be homeless people that would have made $5 mil a year in the NBA if people like Wade weren't so greedy. 

Players are fools that were lucky to have gotten together with money in the first place. Let them retire, go to Europe, back to school, or try to get jobs. The NBA should go on without the players too stupid and greedy to play for the millions they're offered. Others will.     

Since: Oct 21, 2011
Posted on: October 21, 2011 5:10 am

Dwyane Wade tweets that NBA owners are greedy

My feelings toward the NBA players have changed quite a bit lately. Like other commenters I now tend to side MORE with the owners after hearing players like Wade call the owners greedy. Without knowing the actual numbers I'd be willing to bet in most industries the workers are not gauranteed 50% of the take (gross). I know this is a unique situation but let's not forget when we discuss payroll the players are just part of the picture. NBA teams employ many more people than just the players!! I wonder what would happen at most jobs if the workers demanded 50% or more of the gross!!! Yes, the owners are saying they need to be saved from themselves after years of overpaying for mediocre talent but just the same if most teams are not profitable then the formula is broken. I'd like to see teams limited to 2 players making , say 5 million a year, 2 making 3 million and the rest making a cool million each. This would give each team about 21 million in salary based on 15 players with 11 of them making the million a year. Now add to that an amount designated for each victory and a bonus for each playoff win and maybe the players would have incentive to win and owners could make a few bucks too. Nothing in sports bothers me more than players complaining about short careers when they make more in a year than most of us make in a lifetime!!!

Since: Sep 11, 2006
Posted on: October 21, 2011 2:06 am

Dwyane Wade tweets that NBA owners are greedy

That's right Duhwayne. Keep showing your ignorance and greed so that YOUR fans will finally see what a loser you really are.

Since: Dec 5, 2006
Posted on: October 21, 2011 12:16 am

Dwyane Wade tweets that NBA owners are greedy

Wade and other superstars have actually hurt these talks far more than others. They come to the negotiations determined to negotiate the same way they play basketball - with intimidation. Really a big misread. These owners have billions of dollars invested in their businesses. They have actually created jobs and paychecks and they know what it takes to be able to meet those payroll dates. Cue the players - Wade, etc. who think trying not to lose money on your business is greedy. How many of us live in a multimillion dollar condo or house on the water in Miami? How many of us will ever see $15M in a lifetime of earnings? Playing an average of 40 min per game totals 54 hours of court time in a season. 54 hours for $15M. Hmm - my paycheck doesn't cover the interest on $15M for a year (even @ 1%.)

The PR battle has been lost by the players because they really do not get where the country is. With 20 million fellow citizens out of work the average fan does not relate to Wade's message. In fact, although I enjoy Wade's court play, I am fine with him not coming back to work for 'greedy' owners. Each year more good or great players come out of college ready to take the places of those who feel entitled to their 57%, even though their team and league is fighting for survival to stop losing money. Dumb, really dumb to throw away the future for the past. Sorry, Wade, but your twitter has shown you to be a twit. Until you and your union brothers 'get it', you will have to live off your multimillion dollar endorsement portfolio. And when the players without endorsement money start overriding you and the big money guys and sign a CBA you will sign for less than offered this fall. Of that we can be certain.

Since: May 5, 2011
Posted on: October 21, 2011 12:10 am

Dwyane Wade tweets that NBA owners are greedy

People like Wade make me side with the owners even more. 

Since: Jul 23, 2007
Posted on: October 20, 2011 11:20 pm

Dwyane Wade tweets that NBA owners are greedy

D Wade is getting old and heading to the downside of his career.  soon to be an insignificant player, with a legacy of helping to ruin the game.  Hope the season gets canceled and the nba starts over. complete reboot needed for this broken league.

Since: Aug 16, 2006
Posted on: October 20, 2011 10:51 pm

Dwyane Wade tweets that NBA owners are greedy

Funny how Wade thinks the owners are greedy when he thinks superstars such as himself are worth $50 million a year

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