Posted by PhilinLA:

I think we're gonna see some weird, finance related decisions throughout all sports over the next little while.

Posted by firefly:

Posted by PhilinLA:

I think we're gonna see some weird, finance related decisions throughout all sports over the next little while.

MAybe, but keep an eyes on the upper-echelons of soccer. Spending like its going out of style in a big way!!

Posted by Cosmic:

Posted by firefly:

Posted by PhilinLA:

I think we're gonna see some weird, finance related decisions throughout all sports over the next little while.

MAybe, but keep an eyes on the upper-echelons of soccer. Spending like its going out of style in a big way!!

Am I mistaken or did Renaldo not just get inked to a gigantic 9 figure contract - but - the right to sign him also bore a 9 figure purchase fee payable to his old team?

Is that correct?
As to sports I think PhilinLA might have a point - if you look at this upcoming years' team salary list....you'll notice a drastic reduction in the top team salaries.

Of course, once we add Douglas, Hill, and either retain or S&T Lee and Nate - we'll probably be near or right back on top, yet, it's interesting.

Just a note, Hoopshype isn't always that accurate. Just a guide.

NBA Salary List

Knicks Salaries

Transfers in football dont work like they do in the US. Teams first have to negotiate with the team a sum for the right to buy the player outright. In Ronaldos case, that was $131m. Once they agree a fee they then negotiate a contract with the player. In Ronaldos case, its a 6 year deal thought to be about £260,000 per week. That adds up to around £13m per year = $18m per year x 6 = $108m. He also still owns half his image rights (any commercial deals he does) and will be getting a cut of shirt sales.

But thats just the half of it. Real also bought Kaka for $92m and Raul Albiol for $21m. They are still bidding for David Villa for $60m, Karim Benzema for $40m, Xabi Alonso for $35m and Franck Ribery for $85m. So, outside of future speculation, thats an outlay in transfer fees alone of $244m in 3 weeks, with up to another $220m perhaps to come. Somewhere, an agent is very, very happy.

This kind of thing circulates in soccer. So, United now have about $150m to spend. Liverpool, Chelsea and Arsenal will have to spend huge to keep up. AC Milan also have about $100m to spend after selling Kaka. And Manchester City just got bought by one of the richest men in the world and are looking to spend about $100m by themselves.

The cash swilling around has actually reached obscense levels.

Posted by crzymdups:

my question is:

if the bucks thought it made better sense to release a potential restricted free agent rather than try and work out a sign and trade with cleveland or detroit - why do we think we're going to be able to work a sign and trade for dlee or nate?

i don't think we're going to get many assets in these types of deals. if they're even on the table.

Posted by martin:

Posted by Andrew:

Posted by crzymdups:

my question is:

if the bucks thought it made better sense to release a potential restricted free agent rather than try and work out a sign and trade with cleveland or detroit - why do we think we're going to be able to work a sign and trade for dlee or nate?

i don't think we're going to get many assets in these types of deals. if they're even on the table.

Possibly the Bucks made a bad decision.

or they flat out didn't want to take back salary. I have no idea who is actually on their team (buyouts, etc) but they seem to be right at $62M without signing Sessions or Jennings.