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Euroleague
06-19-2014, 07:00 AM
Nick Calathes has reportedly agreed to a 3 year contract worth $15 million salary in NBA terms (gross and in US$ dollars), with the Greek Euroleague club Panathinaikos.

He will also of course get his agent's fees paid by the club, and his taxes paid by the club. And also his house, car, and living expenses for him and his family in Athens, will also be paid for by the club (currently, the living expense stipend for Panathinaikos players is $340,000 per year).

So with that included, it's like a 3 year $16 million contract.

He chose this, rather than stay in his next season's option contract with the Memphis Grizzlies, because that was only going to pay him about $800,000 next season.

SuperCereal
06-19-2014, 07:11 AM
Right (http://www.sportando.com/en/europe/greece/122988/panathinaikos-offers-a-three-year-dollars65m-contract-to-nick-calathes.html)

buddha
06-19-2014, 07:18 AM
Right (http://www.sportando.com/en/europe/greece/122988/panathinaikos-offers-a-three-year-dollars65m-contract-to-nick-calathes.html)

That's in US money, so in Greece money that equals like 65 million, so it averages out to about 15 million. OP was good.

SexSymbol
06-19-2014, 07:21 AM
:cheers: mods

Euroleague
06-19-2014, 07:31 AM
Right (http://www.sportando.com/en/europe/greece/122988/panathinaikos-offers-a-three-year-dollars65m-contract-to-nick-calathes.html)

First, that website is wrong.

As it said, "as reported by sport24.gr" ......

here is sport24.gr saying it is the amount I said,

http://www.sport24.gr/Basket/OmadesBasket/A1Panathinaikos/ston_panathhnaiko_o_kalathhs.2851933.html

The actual amount of €5.5 million euros net income ($7.5 million dollars net income).

That equals to $15 million gross in an NBA contract.

Plus the $340,000 a year for living expenses, and it comes to about $16 million a year.


So no, that's not "right". Of course, like all NBA only fans you are trying to claim gross income is the same thing as NET INCOME, because you are a freaking moron.

SuperCereal
06-19-2014, 07:36 AM
[QUOTE=Euroleague]First, that website is wrong.

As it said, "as reported by sport24.gr" ......

here is sport24.gr saying it is the amount I said,

http://www.sport24.gr/Basket/OmadesBasket/A1Panathinaikos/ston_panathhnaiko_o_kalathhs.2851933.html

[B]The actual amount of

Euroleague
06-19-2014, 07:38 AM
That's in US money, so in Greece money that equals like 65 million, so it averages out to about 15 million. OP was good.

Greek money is the Euro. That's worth more than the US dollar genius.

Euroleague
06-19-2014, 07:43 AM
Hi Jeff

http://www.sport24.gr/Basket/OmadesBasket/A1Panathinaikos/nea_veltiwmenh_protash_ston_kalathh.2838313.html

Right there moron. That tells you that in the NBA the salaries are listed as gross. It also tells you that he salaries in Europe are listed as NET INCOME.

It clearly states that he would only get $440,000 of his $800,000 NBA salary.

But that he would get ALL of whatever money his salary was from Panathinaikos. $6 million, which was the offer that the time of that article. Which eventually became $7.5 million, and that was what he eventually signed.

And confirmation they increased the offer was already given in that first line, here it is again, $7.5 million total -

http://www.sport24.gr/Basket/OmadesBasket/A1Panathinaikos/nea_veltiwmenh_protash_ston_kalathh.2838313.html

NET INCOME

STOP TROLLING

:facepalm :rolleyes:

:biggums:

SuperCereal
06-19-2014, 07:47 AM
http://www.sport24.gr/Basket/OmadesBasket/A1Panathinaikos/nea_veltiwmenh_protash_ston_kalathh.2838313.html

Right there moron. That tells you that in the NBA the salaries are listed as gross. It also tells you that he salaries in Europe are listed as NET INCOME.

It clearly states that he would only get $440,000 of his $800,000 NBA salary.

But that he would get ALL of whatever money his salary was from Panathinaikos. $6 million, which was the offer that the time of that article. Which eventually became $7.5 million, and that was what he eventually signed.

And confirmation they increased the offer was already given in that first line, here it is again, $7.5 million total -

http://www.sport24.gr/Basket/OmadesBasket/A1Panathinaikos/nea_veltiwmenh_protash_ston_kalathh.2838313.html

NET INCOME

STOP TROLLING

:facepalm :rolleyes:

:biggums:

3/10

Bandito
06-19-2014, 08:54 AM
So I heard Arroyo beat Spanoullis in the MVP run. Is that true?

Euroleague
06-19-2014, 09:06 AM
So I heard Arroyo beat Spanoullis in the MVP run. Is that true?

No. It's not true. The 2013-14 Euroleague MVP vote result was,

1. Sergio Rodriguez

2. Vassilis Spanoulis

3. Rudy Fernandez

4. Nikola Mirotic

5. Sonny Weems

6. Carlos Arroyo (fan vote from online voting - counts as 25% of the vote for All-Euroleague, and winner gets fan MVP vote)

Arroyo was 6th, getting the vote of the fans in the online fan voting.

So Arroyo was 6th, getting just the fan vote from online. He didn't get any of the actual votes.


The sad part for Arroyo is, he was the first player in history to win the online fan voting, which counts for 25% of the vote for the All-Euroleague team, and yet still not make the actual All-Euroleague team.

Nash
06-19-2014, 09:12 AM
No. It's not true. The 2013-14 Euroleague MVP vote result was,

1. Sergio Rodriguez

2. Vassilis Spanoulis

3. Rudy Fernandez

4. Nikola Mirotic

5. Sonny Weems

6. Carlos Arroyo (fan vote from online voting - counts as 25% of the vote)

Arroyo was 6th, getting the vote of the fans in the online fan voting.

So Arroyo was 6th, getting just the fan vote from online. He didn't get any of the actual votes.
look at all of these nba scrubs

-Lebron23-
06-19-2014, 09:17 AM
Mods please move this to scrub forum aka Euroleague forum.

Thank you for your cooperation

Euroleague
06-19-2014, 09:19 AM
Mods please move this to scrub forum aka Euroleague forum.

Thank you for your cooperation

Nick Calathes has been playing with the Memphis Grizzlies. So this is NBA related, whether you like it or not.

Derka
06-19-2014, 09:25 AM
I only bother entering these Euroleague threads just to comment on the Title edits :oldlol:

Another classic.

You suck, Euroleague.

pastis
06-19-2014, 09:43 AM
what im interested in: how could a greek team spend so much money? greek is done, from a financial and economic point of view. there is no middle class anymore, lots of poor people, and few rich ones. so how the **** does a fvcking fvckin fvk greek team has so much money?

here is the future:

greek team has no more money ----> bank is helping them with credits ----> bank is bankrupt -----> greek state is helping the bank -----> greek is bankrup-----> german tax payer is paying bills fro greek. so that means that the german tax payer is paying this ridculous salary for a middle class bitch player in a bankrupt country.

facepalm.jpg

Euroleague
06-19-2014, 10:48 AM
what im interested in: how could a greek team spend so much money? greek is done, from a financial and economic point of view. there is no middle class anymore, lots of poor people, and few rich ones. so how the **** does a fvcking fvckin fvk greek team has so much money?

here is the future:

greek team has no more money ----> bank is helping them with credits ----> bank is bankrupt -----> greek state is helping the bank -----> greek is bankrup-----> german tax payer is paying bills fro greek. so that means that the german tax payer is paying this ridculous salary for a middle class bitch player in a bankrupt country.

facepalm.jpg

What you describe is the EXACT SAME socioeconomic system as the USA.

So using that same "logic", how can an NBA team spend that much money?

Oh yeah, that's right....using this same "logic", Chinese tax payers are paying for the contracts of NBA teams.

Le Shaqtus
06-19-2014, 11:10 AM
Mods (likely RMWG) with another classic title :applause:

ErhnamDjinn
06-19-2014, 12:37 PM
Mods (likely RMWG) with another classic title :applause:
If mods can edit the title why dotn they just move or lock the thread or suspend Euro dumb a$$ or is it not a mod power given by jeff.

-Lebron23-
06-19-2014, 12:47 PM
Nick Calathes has been playing with the Memphis Grizzlies. So this is NBA related, whether you like it or not.
Shut up scrub. No one gives a flying fvck about Nicholas William Calathes bum a$$ except his famlily and you.

Of course the GOAT Greek player had to be in fact Greek-American :roll: Guys trying to get Greek passport left and right so they can get the Greek God treatment over there LMAO.

A typical conversation on the streets of Athens:

-Man, our economy sucks, I can't get a job.
-Me neither, there are literally no jobs out there. At least we get to see our based God Nick Calathes raise to heaven for Panathinaikos :pimp:
- Yeeeeeees!!:bowdown:

Fallen Angel
06-19-2014, 12:48 PM
lmao @ that title edit. :oldlol: Hilarious.