Lebron: "curry should be paid $400 million"

[CelticsElite]

The greed never ends.

https://twitter.com/i/moments/881241276905074693
^an unnamed writer for twitter moments (a fake news section of twitter) says that the value of the warriors has increased by $400 million, "so technically curry is underpaid."

That's like saying if the stock price of a company triples, all employees deserve to be paid triple. Its virtually a communist view of the world. Unless you're a shareholder of the company, you don't deserve equal portion of the capital gains

[86MaxwellSmart]

might as well get rid of owners...let the players run everything.

[Ilikesports17]

The concept of a max contract is pretty strange. Without them we would probably not have super teams.

[RJ87]

The concept of a max contract is pretty strange. Without them we would probably not have super teams.

Exactly.

These guys bring insane value to these teams.

[fairweatherfan]

The value of the Warriors increased by over 2 billion since Curry's arrival.

And I believe you've got the logic backwards - the argument isn't that anyone should be forced to pay Curry so much. Instead, if an employer wants to pay Curry, or LeBron or anyone else, that much to gain the value he adds to a franchise, they are forbidden by the league. That's a major restriction on a free market for teams to hire the most valuable employees.

[CelticsElite]

The concept of a max contract is pretty strange. Without them we would probably not have super teams.

it brings balance. Without that, the richest owner would win..  Steve ballmer has 40 times more money than the next richest owner. Ballmers net worth is probably around $45 billion. The average owner is like  the hornets owner whose net worth is about $1 billion.

Ballmer could literally buy every NBA team and still be a multi-billionaire. It would be extremely unfair the clippers would have every superstar

[Ilikesports17]

The concept of a max contract is pretty strange. Without them we would probably not have super teams.

it brings balance. Without that, the richest owner would win..  Steve ballmer has 40 times more money than the next richest owner. He could literally buy every NBA team and still be a multi-billionaire. It would be extremely unfair the clippers would have every superstar

What?

That's not why it was installed at all. It was installed to help non-stars get contracts.

[fairweatherfan]

^^^^^^^^
Think he means "no max, no cap" scenario, like MLB, instead of "no max, same cap" which is closer to your reason.

The concept of a max contract is pretty strange. Without them we would probably not have super teams.

it brings balance. Without that, the richest owner would win..  Steve ballmer has 40 times more money than the next richest owner. He could literally buy every NBA team and still be a multi-billionaire. It would be extremely unfair the clippers would have every superstar

I agree but that's what a free market would look like. There are very good reasons they don't do that but it's exactly the opposite of "Communism".

[Boris Badenov]

The greed never ends.

https://twitter.com/i/moments/881241276905074693
^an unnamed writer for twitter moments (a fake news section of twitter) says that the value of the warriors has increased by $400 million, "so technically curry is underpaid."

That's like saying if the stock price of a company triples, all employees deserve to be paid triple. Its virtually a communist view of the world. Unless you're a shareholder of the company, you don't deserve equal portion of the capital gains

What??

That view is nothing like communism, it's the essence of capitalism.

The argument isn't that everyone in the Warriors organization should be paid more. It's that Steph curry should be paid more. Because, you know, he's Steph ****ing Curry and he personally added a huge share of value to that organization.

And in any other labor market we don't question that people should get paid what they are worth to the company. The salary cap clearly constrains the pay of the mega-stars below their market values.

[tarheelsxxiii]

The GM and front office deserve a ton of credit for Stephs and the team's success too.  That can't be ignored when considering their major bump in value.

[CelticsElite]

The greed never ends.

https://twitter.com/i/moments/881241276905074693
^an unnamed writer for twitter moments (a fake news section of twitter) says that the value of the warriors has increased by $400 million, "so technically curry is underpaid."

That's like saying if the stock price of a company triples, all employees deserve to be paid triple. Its virtually a communist view of the world. Unless you're a shareholder of the company, you don't deserve equal portion of the capital gains

What??

That view is nothing like communism, it's the essence of capitalism.

The argument isn't that everyone in the Warriors organization should be paid more. It's that Steph curry should be paid more. Because, you know, he's Steph ****ing Curry and he personally added a huge share of value to that organization.

And in any other labor market we don't question that people should get paid what they are worth to the company. The salary cap clearly constrains the pay of the mega-stars below their market values.

communism is all about sharing the wealth. For curry to be paid the entirety of the increased value of the warriors is ridiculous. Capitalism means the  owners and shareholders of a company are the ones who benefit from investments. the workers are not the ones to obtain all the profit that's communism


Steph curry is getting paid more. He got paid 11 million before. Now he is paid the supermax. The twitter writer insinuates that $200 million is underpaid because "the team gained value of $400 Million." the teams value has nothing to do with Steph currys market value.

 Lets say Steph curry tore his acl and had his hand amputated at the end of the season. The team value would still be the same (they would still have a ton of viewers and fans. Very few would stop being fans), however Steph currys market value would be incredibly lower because of the injury. The teams value is completely different and had virtually nothing to do with currys value

[Moranis]

The greed never ends.

https://twitter.com/i/moments/881241276905074693
^an unnamed writer for twitter moments (a fake news section of twitter) says that the value of the warriors has increased by $400 million, "so technically curry is underpaid."

That's like saying if the stock price of a company triples, all employees deserve to be paid triple. Its virtually a communist view of the world. Unless you're a shareholder of the company, you don't deserve equal portion of the capital gains

What??

That view is nothing like communism, it's the essence of capitalism.

The argument isn't that everyone in the Warriors organization should be paid more. It's that Steph curry should be paid more. Because, you know, he's Steph ****ing Curry and he personally added a huge share of value to that organization.

And in any other labor market we don't question that people should get paid what they are worth to the company. The salary cap clearly constrains the pay of the mega-stars below their market values.

communism is all about sharing the wealth. For curry to be paid the entirety of the increased value of the warriors is ridiculous. Capitalism means the  owners and shareholders of a company are the ones who benefit from investments. the workers are not the ones to obtain all the profit that's communism


Steph curry is getting paid more. He got paid 11 million before. Now he is paid the supermax. The twitter writer insinuates that $200 million is underpaid because "the team gained value of $400 Million." the teams value has nothing to do with Steph currys market value.

 Lets say Steph curry tore his acl and had his hand amputated at the end of the season. The team value would still be the same (they would still have a ton of viewers and fans. Very few would stop being fans), however Steph currys market value would be incredibly lower because of the injury. The teams value is completely different and had virtually nothing to do with currys value

um the value of the franchise went up 2.2 billion. LeBron said Curry should get paid 400 million over 5 years instead of 200 million. 

[mctyson]

The value of the Warriors increased by over 2 billion since Curry's arrival.

And I believe you've got the logic backwards - the argument isn't that anyone should be forced to pay Curry so much. Instead, if an employer wants to pay Curry, or LeBron or anyone else, that much to gain the value he adds to a franchise, they are forbidden by the league. That's a major restriction on a free market for teams to hire the most valuable employees.

Highlighted something important for you.  It is a league.

This isn't baseball where one guy only gets to hit 4-5 times every game.  There are 4 or 5 players on the planet who would instantaneously make any team a Finals contender.  If you allow unlimited salary, there are 4 or 5 teams that can afford those players.

Say goodbye to your league.

[Boris Badenov]

The greed never ends.

https://twitter.com/i/moments/881241276905074693
^an unnamed writer for twitter moments (a fake news section of twitter) says that the value of the warriors has increased by $400 million, "so technically curry is underpaid."

That's like saying if the stock price of a company triples, all employees deserve to be paid triple. Its virtually a communist view of the world. Unless you're a shareholder of the company, you don't deserve equal portion of the capital gains

What??

That view is nothing like communism, it's the essence of capitalism.

The argument isn't that everyone in the Warriors organization should be paid more. It's that Steph curry should be paid more. Because, you know, he's Steph ****ing Curry and he personally added a huge share of value to that organization.

And in any other labor market we don't question that people should get paid what they are worth to the company. The salary cap clearly constrains the pay of the mega-stars below their market values.

communism is all about sharing the wealth. For curry to be paid the entirety of the increased value of the warriors is ridiculous. Capitalism means the  owners and shareholders of a company are the ones who benefit from investments. the workers are not the ones to obtain all the profit that's communism


Steph curry is getting paid more. He got paid 11 million before. Now he is paid the supermax. The twitter writer insinuates that $200 million is underpaid because "the team gained value of $400 Million." the teams value has nothing to do with Steph currys market value.

 Lets say Steph curry tore his acl and had his hand amputated at the end of the season. The team value would still be the same (they would still have a ton of viewers and fans. Very few would stop being fans), however Steph currys market value would be incredibly lower because of the injury. The teams value is completely different and had virtually nothing to do with currys value

Econ 101 says that in a market economy, economic profits go to the owners of scarce resources. It doesn't matter whether they are owners of firms or workers. With respect, you don't seem to understand what either capitalism or communism mean.

Steph owns the scarce resource here. To say that he deserves the gains is the essence of capitalism.

Further, your claim that the value of the Warriors franchise is independent of Steph Curry has no basis in fact and is plainly contrary to what anyone who observes the NBA has seen over the last few years.

[86MaxwellSmart]

Having Max Contracts..and having a salary cap is lame.