Warriors and Klay Thompson talking 'team friendly' contract extension of 4 years $101M

ghostwriterx

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But if they don’t want to pay it, then Klay may have to find a new team which he doesn’t seem to want to do.

You all do because you want GS to break up not out of any concern for the players

I just don't like this narrative that, "Klay HAS to take a paycut to stay." It's bullsh*t and only benefits the owners bottom line. They could sign him to the max if they wanted to, but it would cut into their profit. The player is expected to make financial sacrifices for billionaires who have already seen their investment more than quadruple in less than 10 years.
 

Left.A1

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He enjoys his work environment and that is good for his mental well being ... the incentive to make more money doesn’t outweigh his piece of mind... people make these kinds of decisions all of the time in the workforce :yeshrug:
 

thashiek

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No, Klay can get the most from the Warriors. He can't get more anywhere else and they can't just give some other free agent the max because of the salary cap. Warriors own his Bird rights so they can give Klay a max contract, but it will cost them additional millions in luxury tax penalties. As one the most valuable teams in professional sports right now, they could easily eat that cost. They don't want to. Klay signing for less, saves the team money. Same thing with Cleveland and LeBron. If LeBron leaves in the summer they can't just sign Kawhi Leonard to replace him, but they will save millions in luxury tax penalties.


I understand that, players getting more money with more accrued years with the same team. What I am saying is the likeliness of the dubs giving Klay the max is low due to all the money they already have tied up in other players. So he could get more money than this team friendly deal if he were to go elsewhere. The dubs could pay him more than anyone but, it is unlikely they give him that.

So with that said, if they were to let him walk, the money they have from not paying him will go elsewhere. Either way they are trying to avoid massive luxury taxes. Klay would probably be a casualty if he demanded that max. You see where I'm coming from with this? This is more about the owners unwillingness to go way into the luxury, so regardless of what they could offer Klay, they are only willing to spend so much. But that money would get spent either way up to a certain threshold.

Also, I readily admit that I am making assumptions about the willingness of the owners to go deep into the luxury. I'm using past history of all franchises.
 

Verbal Kint

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You acting like Klay is some businessman that made his money building start-up companies :russ:

I bet you'd win a 5 million dollar lotto and you'd be good to go in life, not thinking about how to flip it into 10 or 15 :mjlol:
you'd bet wrong. And you acting like Klay didn't come from money with a pops that should know a lil something about building wealth. And you also acting like he doesn't have access to financial advisers that are already likely helping him invest and save.
 

The Coochie Assassin

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you'd bet wrong. And you acting like Klay didn't come from money with a pops that should know a lil something about building wealth. And you also acting like he doesn't have access to financial advisers that are already likely helping him invest and save.
Okay how about you go and make 10 million, come back and tell me what matters most to you afterwards: making more money or having the least stressful life, enjoying your rich life while surrounding yourself around the people you like and love the most. Can't wait to hear from you.
 

ghostwriterx

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I understand that, players getting more money with more accrued years with the same team. What I am saying is the likeliness of the dubs giving Klay the max is low due to all the money they already have tied up in other players. So he could get more money than this team friendly deal if he were to go elsewhere. The dubs could pay him more than anyone but, it is unlikely they give him that.

So with that said, if they were to let him walk, the money they have from not paying him will go elsewhere. Either way they are trying to avoid massive luxury taxes. Klay would probably be a casualty if he demanded that max. You see where I'm coming from with this? This is more about the owners unwillingness to go way into the luxury, so regardless of what they could offer Klay, they are only willing to spend so much. But that money would get spent either way up to a certain threshold.

Also, I readily admit that I am making assumptions about the willingness of the owners to go deep into the luxury. I'm using past history of all franchises.

Agreed, I just think there's a certain irony to the idea that, "So what if Klay is leaving $50 million on the table. It's not a huge amount and he gets to stay in a place where he's happy." when you consider the reason he "has" to leave $50 million on the table is because the billionaire owners may not think that same $50 million is worth keeping an historically good championship winning team together.
 

Stone

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I just don't like this narrative that, "Klay HAS to take a paycut to stay." It's bullsh*t and only benefits the owners bottom line. They could sign him to the max if they wanted to, but it would cut into their profit. The player is expected to make financial sacrifices for billionaires who have already seen their investment more than quadruple in less than 10 years.

Well yes Klay does HAVE to take the paycut to stay if the owners only want to pay a certain amount of luxury tax.

If he doesn’t want to he very well could leave
 

ghostwriterx

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Well yes Klay does HAVE to take the paycut to stay if the owners only want to pay a certain amount of luxury tax.

If he doesn’t want to he very well could leave

Or... the owners HAVE to pay up if they want to keep the team together. :yeshrug:
 

philmonroe

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Only for cats that think short term. How many of these rich white men that own these teams are taking less money for anything? Corporations fire half their sales force to save a few bucks. But ya'll are encouraging these black men who will never have the earning power they have now to take less? That's silly. Say Klay signs for $25 mil less than he could. Say after tax, agents, etc he pockets $10 mil of that. Invested half way decently that $10 mil could be $20 mil by the time his kids are grown. That's real money.
What is your silly self talking about we encouraging dude like we fukking know him. I'm just saying I can understand his decision. Spare us this black man talk stupid bullshyt we talking sports nikka not race in this discussion. I'd say the same shyt if the player was any other race too.
 
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