Posted by McK1:

Posted by TMS:

Posted by McK1:

Cavs can pay him the most.

Is he going to leave the extra year with the guaranteed $20,000,000-plus on the table to revive a franchise in a state he isn't even from?

if he can make that up in endorsement & licensing deals, why not? none of us know what Lebron's plans are & there are reasons for him to want to stay & for him to want to leave... Lebron's probably laughing his arse off at all the people who think they know what he's gonna already do before he even does.

how much more rich can they make him endorsement wise. He got 90 mill from Nike before ever playing an NBA game

Also of note, endorsement deals don't come guaranteed regardless of what happens to the athlete like an NBA contract does

Posted by Bonn1997:

Losing the association with the company doesn't mean you lose the money in the contract too.

[Edited by - bonn1997 on 05-29-2009 07:10 AM]

Posted by Bonn1997:

Posted by McK1:

Posted by Bonn1997:

Losing the association with the company doesn't mean you lose the money in the contract too.

[Edited by - bonn1997 on 05-29-2009 07:10 AM]

endorsement contracts can be terminated instantly without honoring the full terms for a couple reasons:

Violating trademark condition ie endorsing a competing product while under contract

Violation of a negotiated moral clause

there are other but these are the two biggest.

Well NBA contracts can be terminated too. The team owes you nothing if you get kicked out of the league for drug abuse or for an altercation with a coach (like Sprewell). Whether it's a contract with Nike or the Knicks, the money can be guaranteed but you still have to uphold your end of the contract. With the examples you gave, there is almost always ambiguity and the case is either settled or the outcome is determined in court anyway. It's very rare for the player to get no money unless he did some kind of violent crime.

[Edited by - bonn1997 on 05-29-2009 1:31 PM]

Apples and oranges. Sprewell attacked a man. We're talking about people getting contracts voided for not upholding a certain image.

Lets keep it in perspective of the conversation please

Recently Phelps got his contract axed with Kelloggs for a picture of him smoking weed. Josh Howard admitted in an interview hw gets high. Mavs are still paying him and he is still playing.

Posted by Bonn1997:

Posted by McK1:

Posted by Bonn1997:

Posted by McK1:

Posted by Bonn1997:

Losing the association with the company doesn't mean you lose the money in the contract too.

[Edited by - bonn1997 on 05-29-2009 07:10 AM]

endorsement contracts can be terminated instantly without honoring the full terms for a couple reasons:

Violating trademark condition ie endorsing a competing product while under contract

Violation of a negotiated moral clause

there are other but these are the two biggest.

Well NBA contracts can be terminated too. The team owes you nothing if you get kicked out of the league for drug abuse or for an altercation with a coach (like Sprewell). Whether it's a contract with Nike or the Knicks, the money can be guaranteed but you still have to uphold your end of the contract. With the examples you gave, there is almost always ambiguity and the case is either settled or the outcome is determined in court anyway. It's very rare for the player to get no money unless he did some kind of violent crime.

[Edited by - bonn1997 on 05-29-2009 1:31 PM]

Apples and oranges. Sprewell attacked a man. We're talking about people getting contracts voided for not upholding a certain image.

Lets keep it in perspective of the conversation please

Recently Phelps got his contract axed with Kelloggs for a picture of him smoking weed. Josh Howard admitted in an interview hw gets high. Mavs are still paying him and he is still playing.

He did not get his contract axed. They paid him every dime they owed him. They merely did not renew his contract--just like no NBA team is obligated to re-sign a player once his current contract expires.

ok well Vick did. When the allegations came out Nike suspended his contract but chose not to terminate till the results of the trial, Reebok stopped selling his jersey but held off termination. Rawlings did terminate. Upper Deck removed his signature card...

Posted by Bonn1997:

Hence why I said it doesn't happen unless there's a terrible violent crime. Anything can happen but I don't expect Lebron to commit any violent crimes any time soon. (The discussion started with him after all.)