NBA Ballers Responding to Strong Euro
Last week it was Budweiser that was sold to the Europeans, this week it is the NBA that fell victim to a global economic shift that's seen the dollar nose-dive vis-à-vis the euro. Respected young forward Josh Childress accepted a fatter offer from a Greek club than the one his U.S. team reportedly was making. He may not be the last.
Last week it was Budweiser that was sold to the Europeans, this week it is the NBA that fell victim to a global economic shift that’s seen the dollar nose-dive vis-à-vis the euro. Respected young forward Josh Childress accepted a fatter offer from a Greek club than the one his U.S. team reportedly was making. He may not be the last.
Your support matters…ESPN:
The deal is the most lucrative current contract in European basketball and the biggest in Euroleague history, according to the Atlanta Journal-Constitution, which first reported the signing. It follows the decision by top prep prospect Brandon Jennings to sign with an Italian club team rather than play a season at Arizona.
The newspaper reported Monday the Hawks had a deal on the table worth nearly $36 million, with a first-year salary in excess of the midlevel exception of $5.6 million.
“I’ve talked to a few guys, and it could become a trend,” Childress said on a conference call about other Americans following his lead. “I’m not so sure it won’t. It’s different. We thought out of the box a little on this one.”
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
Media
Today, each one of the assumptions that underpinned Western policymaking and journalism for nearly three decades lie shattered.
TD Interview
How Kissinger and the CIA bolstered the regime of Augusto Pinochet for years—until they couldn’t.
The worrisome state of today's nation did not spring into existence with the 2016 election. It is a product of long historical trends.
To gain control over the military-industrial complex, we must recognize it as a parasite killing the best hopes for our country's future.
The Donald clearly arrived on the scene as blowback from at least two things: an American imperium gone wrong and a new "gilded age."
If loyal foot soldiers, a vacuous media, and an indifferent Congress march along to war in Iran, it will be the demise of our republic.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.