Thursday, November 17, 2016

Why Are Teams Willing To Trade More Money Than A Player Is Worth?

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                                                                  animal-dream.com

Despite inflation, the NBA is actually getting richer than ever! Forbes magazine author Alex Reimer explains the free agency signings that occurred this past summer and why they occurred. His main argument is that NBA teams aren’t going to hold back on trading millions of dollars to NBA players in exchange for their talents and winning mentalities due to a salary cap increase, and since the players would like more money, they are willing to play for a team that willingly gives them more money than others.

Reimer first explains that between the years of 2001 and 2013, the NBA salary cap has risen $14.5 million. He writes that this is the reason that NBA teams are willing to pay so much money for their players. Around 20 of the 30 teams were able to sign a maximum money contract to a player this summer, so they took advantage by signing players. NBA teams want to pay as much money as possible to get the players that they like on their teams, so even average players are getting big paychecks from NBA teams.

Most of the NBA players signed to big contracts weren’t even star players. Reimer notes that “[o]utside of Kevin Durant...there arguably isn’t another player on the open market who’s worthy of receiving a maximum-contract.” NBA teams are simply paying average players a lot of money because they can. They also want to make sure that the player picks their team over another team by paying the player the most money.