Author | Thread |
Nalod
Posts: 71361 Alba Posts: 155 Joined: 12/24/2003 Member: #508 USA |
![]() http://www.nydailynews.com/sports/basketball/chris-paul-sit-season-donald-sterling-controls-clippers-article-1.1879901
Chris Paul saying he might sit out if Sterling still owns the team. No doubt this is a players league now and no doubt the scenario with sterling is unprecedented but it raises the issue of contracts and living up to them. I can't put myself in Paul's shoes and begin to understand what it would feel like to have an employer like Sterling but........ 1. Contracts can be traded, he does not alway get to choose the team he plays for unless he has a no trade clause. Im not saying Paul is right or wrong here. He has sponsers to consider and the move may even enhance his image. What his is doing would be a statement of righteousness. He could also play and donate his salary to a cause that actually could help people as well. There is a lot of gray area here. The NBA acted swiftly and has Dick Parsons in place to run the team. Sterling is and would be nowhere near the team. I think the statements from Doc Rivers and CP3 might help the current litigation process that if the sale does not go thru it would hurt the franchise value. When your star coach and player make threats it further would damage the team. A judge would have to consider this. Most franchises sell for 5-6 times revenue. Clips sold for 12x!!!!! Basically its simple, to walk away from that valuation you'd have to be CRAZY and thus, the judge SHOULD rule along these lines. The man is arguing not the price, but that they can't make him sell!!! They can. Problem is timing. The more he fights, the less money he gets. He don't care about that. Man must be out of his mind right??? |
AUTOADVERT |
gunsnewing
Posts: 55076 Alba Posts: 5 Joined: 2/24/2002 Member: #215 USA |
![]() Can he be traded to the Knicks?
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NYKBocker
Posts: 38420 Alba Posts: 474 Joined: 1/14/2003 Member: #377 USA |
![]() I applaud him for his convictions. I don't think I would do the same.
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nyvector16
Posts: 21324 Alba Posts: 0 Joined: 10/9/2001 Member: #130 USA |
![]() In January, Forbes listed the Clippers team worth at 575 Million.
http://www.forbes.com/teams/los-angeles-clippers/ A recent article I read had the present day value at a max 800 Million. |
Nalod
Posts: 71361 Alba Posts: 155 Joined: 12/24/2003 Member: #508 USA |
![]() nyvector16 wrote:In January, Forbes listed the Clippers team worth at 575 Million. The issue is not the price, its his competency and if the testing was valid. League has the right to snatch the franchise. We all know Sterling is an ass for years. So did CP3 and Doc. What about the fans who already bought season tickets? Ultimately isn't the fan who pay's the salaries? My wife asked me if she thought CP3 was just doing a lot of talking to get his name out there? I mean your never going to look bad not wanting to play for a racist! I also admire his principles but its July. Lets see them principles in November. |