Apr 12, 2012, 2:43 PM EST
In a purely business sense, you can argue that guys from the USA Basketball team deserve a cut of the money they earn USA Basketball — they do generate a lot of money in jersey sales and they help drive some big ticket events.
But it’s a public relations disaster to ask for the money. As our Ira Winderman explained, it looks bad for multi-millionaire Dwyane Wade to say he should be paid for his time while he stands in the Opening Ceremonies next to a kayaker or wrestler or women’s field hockey player who also dedicated their lives to the sport, to reach this moment, and they make just enough to get by.
Which is why Wade was backtracking Thursday from his statements Wednesday (which were in response to what Ray Allen had said). He tweeted that pride motivates him more than money and also this statement to the media.
“I do not want to be paid to go to the Olympics.”
Speaking with the USA Today, USA Basketball Chairman Jerry Colangelo explained why the hoopsters only get their stipend and nothing more.
“All of the money that is generated from our participation and the competitions the senior teams participate in in effect subsidizes and pays for the entire U.S. Olympic (basketball) programs and that includes all of the junior programs where most of these players came from,” Colangelo said. “Most of them all started there, men and women.”
“When I took over the program in 2005, they were in a terrible losing situation financially,” Colangelo said. “During the next four years, I quadrupled the revenue, but that only brought us to break even. That covers all of the expenses for the men, women, boys and girls, all the way down. We sell sponsorship, sell tickets to exhibition games.”
Basically, you are doing all this to keep USA Basketball going.
No matter what they think personally, you can bet no USA hoops player is going to say anything but they are happy to be there the rest of the way. These guys understand public relations, too.
Dec 20, 2014, 8:00 AM EST
As the Thunder ended up winning by one, 104-103, this block ended up being very important.
Dec 20, 2014, 2:07 AM EST
Lillard needs to get mentioned with the game’s top point guards.
Dec 20, 2014, 12:49 AM EST
Young earned this one and will get to write a check to the league.
Dec 20, 2014, 12:02 AM EST
Former NBA player now trying to make his way as a fighter.
Dec 19, 2014, 10:50 PM EST
There are a whole host of reasons Rondo was traded; this is just the most convenient for Boston’s brass.
Dec 19, 2014, 9:40 PM EST
Nice gesture by the players.
Dec 19, 2014, 8:30 PM EST
…pretty smoothly somehow
Dec 19, 2014, 7:25 PM EST
Leonard was the Finals MVP for San Antonio last season.
Dec 19, 2014, 6:45 PM EST
Warriors coach has jokes
Dec 19, 2014, 6:35 PM EST
This is the smart move by the Thunder.
Dec 19, 2014, 5:59 PM EST
It’s kind of moot now, but it’s not a surprise.
Dec 19, 2014, 5:15 PM EST
Lakers star: ‘If the opportunity came up, then that’s the time to have that discussion’
Dec 19, 2014, 4:29 PM EST
Black-and-white version of Toronto’s new logo looks similar to Brooklyn’s
Dec 19, 2014, 3:44 PM EST
President wants to see more athletes take political stands
Dec 19, 2014, 2:56 PM EST
This gives the Rockets a little more depth on the wing with Harden and Ariza.
Dec 19, 2014, 2:15 PM EST
Thunder star sprained ankle against Warriors
Dec 19, 2014, 1:40 PM EST
Miller starting against Nets in first game back from concussion
Dec 19, 2014, 1:04 PM EST
Sending Wright to the Celtics leaves major hole at backup center
Dec 19, 2014, 12:28 PM EST
Mark Cuban is too smart to pull the trigger on this kind of deal unless he has word he can keep his man.
Dec 19, 2014, 11:51 AM EST
Heat and Nets among teams that showed interest
- Damian Lillard drops career high 43, leads Blazers to 3OT win over Spurs (VIDEO) 3
- Kendrick Perkins: Rajon Rondo wanted out of Boston 7
- Report: Minnesota agrees to trade Corey Brewer to Houston 6
- Dallas moves into title contender status with addition of Rajon Rondo 42
- Kevin Durant turns ankle, leaves game not to return; X-rays negative. 4
- Report: Celtics ‘pretty pleased’ with return they got in trade for Rajon Rondo 31
- PBT Extra: Jabari Parker’s injury, what does it mean for Bucks, Rookie of Year race? 5
- Reports: Celtics agree to trade Rajon Rondo to Dallas Mavericks 39