http://www.wsj.com/articles/nba-free-agents-could-bailout-greece-1435867194
Greece needs a bailout. There’s one group that has just the money: NBA free agents.
Greece failed to make a $1.73 billion loan payment Tuesday to the International Monetary Fund, raising the stakes in a debt crisis that could lead to the country’s exit from the eurozone. Here’s an idea: Maybe the Greeks should ask the NBA’s free agents for a loan.
The opening of the NBA’s free-agency period on Tuesday set forth one of the most extraordinary displays of riches that professional sports has ever seen. NBA teams committed enough money to players—a staggering $1.5 billion worth of reported new deals as of Thursday afternoon—to help the birthplace of the Olympics remain solvent.
Greece needs a bailout. There’s one group that has just the money: NBA free agents.
Greece failed to make a $1.73 billion loan payment Tuesday to the International Monetary Fund, raising the stakes in a debt crisis that could lead to the country’s exit from the eurozone. Here’s an idea: Maybe the Greeks should ask the NBA’s free agents for a loan.
The opening of the NBA’s free-agency period on Tuesday set forth one of the most extraordinary displays of riches that professional sports has ever seen. NBA teams committed enough money to players—a staggering $1.5 billion worth of reported new deals as of Thursday afternoon—to help the birthplace of the Olympics remain solvent.






