Europe on a budget
An Eastern Conference executive said that because of the economy,
he wouldn't be surprised if at least 20 NBA teams carry 14 or fewer players next season to save money. Considering that teams can have a maximum of 15 players, such a scenario would mean at least 20 fewer jobs. It could also mean that the days of developing young players at the end of rosters may be limited - or even over.
"Owners are going to be like, 'We're not going to sign someone we're paying and not playing who is three years away,' " the executive said. "
'We'll let someone else develop them until they're ready.' Owners are going to say, 'Keep one project.' " Last offseason, stars such as Kobe Bryant, LeBron James, Dwyane Wade, Chris Bosh, and Carmelo Anthony talked about the possibility of playing in Europe for mammoth contracts. There were even reports of James being offered $40 million-$50 million to play in Greece and $40 million in Russia for one season. Hawks forward Josh Childress signed a three-year, $20 million contract with Olympiakos last year. But Childress, who has opt-out clauses in his contract, has said his experience in Europe hasn't been the greatest.
Don't be surprised if Childress tries to return to the NBA next season, along with other ex-NBA players such as Earl Boykins, Jannero Pargo, and Primoz Brezec. Nenad Krstic left Triumph Moscow last December to sign a three-year, $15.8 million deal with Oklahoma City after "having issues." Brandon Jennings, a top 10 draft prospect, was so disappointed with his playing time for Italy's Lottomatica Virtus Roma that he flew home to Los Angeles the morning after the season ended. If there are fewer NBA jobs available next season, Europe will likely end up getting players at a cheaper rate.
"Salaries will be down a minimum of 40 percent in Europe due to the economy and because of the revenue stream," the executive said.
"NBA players can't use Europe as leverage. It's going to be more people competing for jobs, but jobs are paying less. More guys will be forced to go to Europe."
http://www.boston.com/sports/basketball/articles/2009/06/14/a_new_daye_on_horizon/?page=3
