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DancingBarry
Editor-in-Chief
Joined: 07 Sep 2001
Posts: 39533
Location: O.C.
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 Posted: Wed Jul 08, 2009 10:09 pm Post subject: Larry Coon in NY Times Again |
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Thought I'd post it since Larry is in it and I wasn't sure if he was going to, but it's a good read about the ramifications of a decreased salary cap:
| Quote: | As handshake agreements became signed contracts Wednesday, N.B.A. teams and the potential blockbuster free-agent class of 2010 awoke to a stark forecast and a stern warning.
A lower salary cap and luxury tax threshold could curtail spending sprees for potential free agents like LeBron James.
In a memorandum sent to teams late Tuesday night, the league announced that the salary cap for the 2009-10 season would be $57.7 million, a 1.6 percent decrease from last season, and a more drastic decline for 2010-11 — perhaps as much as 5 percent — could be put in place. A copy of the memo, first reported by ESPN.com, was obtained by The New York Times.
“This is a warning to teams saying you’re responsible for the decisions you make and don’t say you haven’t been warned,” said Larry Coon...
Read Full Story |
Good job, Larry.  |
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JUST-MING
Retired Number
Joined: 23 Jun 2005
Posts: 41882
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| Posted: Wed Jul 08, 2009 10:12 pm Post subject: |
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| Thanks. Props, Larry. |
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GoldenThroat
Moderator
Joined: 25 Jul 2005
Posts: 37474
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| Posted: Wed Jul 08, 2009 10:15 pm Post subject: |
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CandyCanes
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Joined: 24 Dec 2007
Posts: 34094
Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
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| Posted: Wed Jul 08, 2009 10:31 pm Post subject: |
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What is Larry's vocation? I thought that he was just a professor who worked with NBA stuff as a hobby...
_________________
Damian Lillard shatters Dwight Coward's championship dreams:
https://www.youtube.com/watch?v=SZrbEjppnd4 |
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TNLakersFanInLA
Star Player
Joined: 21 Nov 2004
Posts: 9657
Location: Chattanooga, TN
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| Posted: Wed Jul 08, 2009 10:31 pm Post subject: |
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| CandyCanes wrote: | | What is Larry's vocation? I thought that he was just a professor who worked with NBA stuff as a hobby... |
Apparently he is the real Zenmaster. 
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Monta Ellis: "Kobe is #1, I'm #2, LeBron is #3." |
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Vishnu
Franchise Player
Joined: 24 Jun 2005
Posts: 16553
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| Posted: Wed Jul 08, 2009 10:32 pm Post subject: |
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He's famous  |
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JIFISH
Star Player
Joined: 12 Apr 2001
Posts: 9315
Location: Los Angeles, CA
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| Posted: Wed Jul 08, 2009 10:38 pm Post subject: |
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Well, it's good to see someone from LakersGround make into the NYTimes twice and neither time involve a felony arrest. 
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I would rather have questions I cannot answer than answers I cannot question - Richard Feynman |
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uberzev
Franchise Player
Joined: 25 Jan 2002
Posts: 19120
Location: SDSU
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| Posted: Thu Jul 09, 2009 1:42 am Post subject: |
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Once again Larry rides my coattails to achieve greater success.
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Lakers Gonna Lake |
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davidse
Franchise Player
Joined: 03 Jul 2005
Posts: 14302
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| Posted: Thu Jul 09, 2009 6:49 am Post subject: |
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Chef Green
Starting Rotation
Joined: 23 Apr 2007
Posts: 769
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| Posted: Thu Jul 09, 2009 7:20 am Post subject: |
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Once again Larry forgot to mention me. Obviously an oversight.
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I play with knives and fire. |
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tgf5
Franchise Player
Joined: 18 Jun 2005
Posts: 11581
Location: Canada
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| Posted: Thu Jul 09, 2009 8:10 am Post subject: |
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By that offseason LeBron will probably then be asking for half of the team's salary cap  |
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Addicus
Star Player
Joined: 02 Sep 2005
Posts: 9642
Location: Dave's Pimp Palace
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| Posted: Thu Jul 09, 2009 9:33 am Post subject: |
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Yeah Larry. Now with the large amount of cash they are paying you we can upgrade the servers on LG to Google status. Celebrate. Celebrate. Celebrate with Celebrex!
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Stop crying and start doing.
Twitter: http://www.twitter.com/addicusbrown |
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ayaz3d
Star Player
Joined: 17 Jul 2005
Posts: 3570
Location: Los Angeles
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| Posted: Thu Jul 09, 2009 10:02 am Post subject: |
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| Vishnu wrote: | | He's famous |
More famous than us.
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PSN: T3Fecta
| GoldenThroat wrote: | | Even LO's Quote Pyramid only goes left. |
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chilake24
Star Player
Joined: 09 Aug 2008
Posts: 1727
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| Posted: Thu Jul 09, 2009 2:14 pm Post subject: |
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| any problem, larry coon come to resuce |
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kwest80
Star Player
Joined: 19 Jul 2001
Posts: 1164
Location: San Francisco
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Hector the Pup
Retired Number
Joined: 25 Jul 2002
Posts: 35934
Location: L.A.
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| Posted: Thu Jul 09, 2009 2:53 pm Post subject: |
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| CandyCanes wrote: | | What is Larry's vocation? I thought that he was just a professor who worked with NBA stuff as a hobby... |
Porn-stache model. |
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RealOne
Franchise Player
Joined: 10 Jun 2009
Posts: 15000
Location: Retired Moniker
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| Posted: Thu Jul 09, 2009 4:00 pm Post subject: |
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Thanks for posting that article from January, I didn't know he's here locally.  Come to think of it, my long-lost friend from the first grade could have been one of his students in grad school. |
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Omar Little
Moderator
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Posts: 90130
Location: Formerly Known As 24
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| Posted: Thu Jul 09, 2009 5:23 pm Post subject: |
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| Hector the Pup wrote: | | CandyCanes wrote: | | What is Larry's vocation? I thought that he was just a professor who worked with NBA stuff as a hobby... |
Porn-stache model. |
Daily Bugle Editor.
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“We must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented.” ― Elie Wiesel |
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Scherm
Star Player
Joined: 12 Apr 2001
Posts: 4135
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| Posted: Thu Jul 09, 2009 5:36 pm Post subject: |
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Just wondering -- re: the Larry Coon quotes shown below, would Larry and/or Kobe's agent think it's a mistake for Kobe to sign an extension this summer?
Another option is that the star players could sign extensions to their current contracts, but that could put their earnings at the whim of the future collective bargaining agreement after the current lame duck system expires in 2011. At most, James could tack on three years to his current contract via an extension.
A player’s best interest, Coon said, may still be to test free agency. That would allow James and his peers to collect as many years as they can under the current collective bargaining agreement.
“Signing an extension is a mistake because you’re putting yourself in the mercy of an agreement that hasn’t been negotiated,” Coon said. |
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LarryCoon
Site Staff
Joined: 11 Aug 2002
Posts: 11217
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| Posted: Thu Jul 09, 2009 7:49 pm Post subject: |
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| uberzev wrote: | | Once again Larry rides my coattails to achieve greater success. |
It's true. Everyone check out the new graphic at the top of the FAQ, designed & developed by Zev.
LINK |
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LarryCoon
Site Staff
Joined: 11 Aug 2002
Posts: 11217
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| Posted: Thu Jul 09, 2009 7:51 pm Post subject: |
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| Chef Green wrote: | | Once again Larry forgot to mention me. Obviously an oversight. |
I always do. Capricious editors are keeping you down.
That and your utter contempt for humanity. |
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LarryCoon
Site Staff
Joined: 11 Aug 2002
Posts: 11217
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| Posted: Thu Jul 09, 2009 7:53 pm Post subject: |
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| RealOne wrote: | | Thanks for posting that article from January, I didn't know he's here locally. Come to think of it, my long-lost friend from the first grade could have been one of his students in grad school. |
PM me the name and I'll let you know if I recognize it. |
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LarryCoon
Site Staff
Joined: 11 Aug 2002
Posts: 11217
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| Posted: Thu Jul 09, 2009 8:01 pm Post subject: |
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| Scherm wrote: | | Just wondering -- re: the Larry Coon quotes shown below, would Larry and/or Kobe's agent think it's a mistake for Kobe to sign an extension this summer? |
Was slightly misquoted there. I said "could be a mistake."
Any player bumping up against the maximum salary looking to sign an extension that kicks in 2011 is in the same boat. The 2011-12 salary will be dependent on whatever the maximum turns out to be that year. With the new agreement kicking in that year, they're at the mercy of whatever is negotiated.
Will they completely re-vamp how maximum salaries are defined? Probably not. But let's say negotiations are coming down to the wire, and it's a matter of making a few concessions or losing the entire season (remember, they were in this situation and nearly lost the entire season in 1999). Suppose the rank-and-file players (who far outnumber the superstars) say, "We'll give you lower maximum salaries." Suppose that in 2011 they define the maximum salary as, "No player, under any circumstance, shall earn greater than $10 million in any season." Likely? No. Possible? Yes, and it would be ratified since the rank-and-file players would win the ratification vote if it meant saving their own bacon.
Again, not likely that they'd make such a radical change. But much better to lock in specific salary -- opt-out next summer and sign a long-term deal. |
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FerrisVille
Star Player
Joined: 12 Aug 2003
Posts: 5356
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| Posted: Fri Jul 10, 2009 9:22 pm Post subject: |
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Here is my question: Does this increase the probability of star players leaving to play in international countries, for a bigger payday ie. China, Europe?
If the answer is yes, is it safe to assume that the luxury tax will be crippled, and or nonexistent in the near future? Or will this eventually lead to a NFL "esque" Salary Cap? |
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FWG_Wani
Sixth Man
Joined: 11 Mar 2003
Posts: 27
Location: Washington, DC
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| Posted: Sat Jul 11, 2009 5:18 am Post subject: |
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| FerrisVille wrote: | Here is my question: Does this increase the probability of star players leaving to play in international countries, for a bigger payday ie. China, Europe?
If the answer is yes, is it safe to assume that the luxury tax will be crippled, and or nonexistent in the near future? Or will this eventually lead to a NFL "esque" Salary Cap? |
We are just going thru the highs and lows of the nBa and economy |
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