There's this article recently posted on MTO News titled "James Harden Paid Gang Member to Extort Adrian Broner". MediaTakeOut is this gossipy, psuedo-journalism site, replete with intentionally-misleading headlines, that seems to get most of its information from social media. They often write in a way which gives the impression that they're afraid of potentially facing a lawsuit. For instance, their articles regularly feature misspelled words, poor editing or are sometimes downright confusing.
So as far as I can gather, the above post doesn't contain any actual reports or allegations pointing to Harden having extorted Broner (besides the headline). Rather, it focuses on this idea that all celebrities who venture into a certain part of Los Angeles are extorted by gangbangers who demand "protection" money.
And on that note, let me chime something that I find pretty interesting. Law enforcement is ubiquitous in the United States, besides citizens being under ever-increasing levels of surveillance, and that's especially true in big cities like Los Angeles. Yet somehow, street gangs are able to perpetuate and proliferate. But I guess that's a discussion for another blog.
SLICING THE NBA PIE
The reason I'm bringing that whole story up is because, reading that article had me once again thinking that there's there's no way these NBA players are making as much money as their contracts stipulate. In other words, besides gangsters, there a whole bunch of other unsavory characters, if you will, that making millions of dollars attract. And I would further speculate that the cut of some of those characters, i.e. the more formalized payments, are actually written into the contracts.
A quick Google search reveals that NBA players, on average, actually take home about 50% of their salary. This is after taxes of course, besides paying "NBA escrow fees", agents and a "jock tax", whatever TF that is.
As far as those escrow fees go, if I'm reading correctly, it's a 10% cut that the league takes to ensure that the owners also profit or whatever, and players may get some of it back (tho refunds aren't common). But that said, considering that, according to Google, a superstar's contract usually averages about 50 pages(!), then yeah, I think other parties may be written in there someway somehow, even if under those aforementioned categories.
"GENERATIONAL WEALTH"
These days, you hear the media talking alot about "generational wealth" in relation to NBA players, and they imply that, in order to pass down earnings to future generations, you have to make something like $100mil. That's bullshit.
To most people in the world, even a million dollars - or perhaps even as low as 100k - may be considered "generational wealth", because ultimately, when you find yourself with surplus, it's not about how much extra you have but how you use it. If you look at some of the greatest tycoons in American history, i.e. those who have built up "generational wealth", many, if not most of them, started from nothing. They began as lackeys of the same companies or industries that they later went on to dominate.
And that's why some dudes can even make $100mil+ over their career and still end up broke. Dudes on vet min. contracts are making "generational wealth", so long as they don't blow it on frivolous shit which, all things considered, they probably will.
KAWHI & BALLMER'S "ASPIRATIONS"
Or another way of looking at it is that virtually all money in the NBA is big money. And all of this yappng is ultimately bringing us to Kawhi Leonard.
If I'm reading these allegations correctly, besides the gazillion dollars he's already making through his standard contract, the Clippers paid him roughly $30mil extra(!) through an endorsement deal with a third party (Aspiration) even though, according to said deal, Kawhi doesn't actually have to endorse anything. If true, that's a pretty clever way to get extra funds to a player. And again, Steve Ballmer is one of the greatest businessmen of 21st century America. So you have to believe he's getting a cut of that $30mil also, besides perhaps other parties.
And then, in comes the Raptors. If Phoenix was the surprise team of the West, then Toronto was that of the East. This franchise is like a dumping ground for players the Knicks no longer want, and like they never, ever ever ever score an A-list free agent signing. Yet and still, they were able to take the Cavs to seven games and, imo, even tho they lost were the better or at least more promising team.
This organization, despite its territorial shortcomings, is known to overachieve from time to time. And that's why I said, at the conclusion of last season, they were just a player away from being contenders. I was thinking more along the lines of a formidable big, but if you need a quality C yet can't score one, Kawhi is definitely the next option. And that's not the mention the established history he already has with the Raptors.
But the reason I'm shaking my head is because, how long has this Aspiration shit been going on now? But you see that as soon as the offseason transaction period began, the Clippers and Raptors tried to strike that deal quick quick quick.
What they didn't realize, or perhaps what they were trying to circumvent is that Silver and co. are really clamping down, the way I see it, on players' earnings. That's what all this "tax apron" shit is leading to, in clearly visible terms, not contenders having trim down as much as players being paid less. And in terms of all of this Aspiration stuff, i.e. organizations finding ways to pay players formally yet off-the-books at the same time, there's probably going to be a lot more of that going on now that dudes are systematically being paid less than their worth. Previously, I was one of those people who viewed NBA players as being overpaid. But now, knowing they only take home half of their salaries, I understand better.
So more specifically, the reason all of this funny - in a dark humor kinda way - is because the Raptors, all things considered, took sort of an unethical action. It appears that they thought they could take Kawhi - shadiness and all - without having to face any of the consequences themselves.
Upon realizing that they would have to, they put the deal on hold, perhaps indefinitely, considering that the league is refusing to release a definitive timeline for the end of their investigation. That's not necessarily the bad part because no, you shouldn't pay for any wrongdoing you weren't directly a part of(?).
But what does suck is that somehow, this whole drama has led to Toronto doing jackshit this entire offseason. That isn't ideal, since they didn't even get past the First Round, while some of their competitors have upgraded. So yeah, it does kinda look like they tried to beat the system but are slated to take a loss instead.
CONCLUSION
If things continue as is and if they league doesn't punish them too hard, this may actually good news for the Clippers, you know, keeping Leonard. And that's another reason why they look guilty because, looking at their roster without Kawhi, like why would they trade away the only established star on the team, i.e. their clearly-best player? Not only would this iteration of the Clippers likely suck (even more) without Kawhi but furthermore, it'd be really difficult for them to get national TV time (i.e. sell tickets) with this cast. It looks sorta like a sell-fast-because-the-product-is-defective type of the scenario, with the buyer also trying to take advantage of that fact.