Apr 12, 2012, 2:43 PM EDT
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.
Mar 31, 2015, 8:00 AM EDT
In a season where Kyle Korver’s three point shooting has at times seemed inhuman this may be his best shooting display.
Mar 31, 2015, 1:38 AM EDT
Also, is Kyle Korver human?
Mar 31, 2015, 12:30 AM EDT
He won’t replace Wesley Matthews, but he’s another body.
Mar 30, 2015, 11:45 PM EDT
A much-needed win for the Raptors.
Mar 30, 2015, 11:00 PM EDT
Gobert wouldn’t let it stand and blocked him right after.
Mar 30, 2015, 10:15 PM EDT
It was a frightening display of strength.
Mar 30, 2015, 9:30 PM EDT
A reminder of the Crash of old.
Mar 30, 2015, 8:45 PM EDT
Capela is making a name for himself.
Mar 30, 2015, 7:56 PM EDT
Rose underwent knee surgery in February.
Mar 30, 2015, 7:18 PM EDT
This is the opposite of a surprise.
Mar 30, 2015, 6:14 PM EDT
There were rumors he wanted the Sacramento GM job, but George Karl has the power there now.
Mar 30, 2015, 5:38 PM EDT
Also, is Willie Caulie-Stein a great fit next to DeMarcus Cousins?
Mar 30, 2015, 4:45 PM EDT
Cavaliers center is a star
Mar 30, 2015, 4:00 PM EDT
UNLV freshman likely headed for second round
Mar 30, 2015, 3:15 PM EDT
The top three are Golden State, Cleveland and San Antonio. Would you be shocked if any of them won the title?
StubHub sues Warriors, accuses Golden State of preventing StubHub-using fans from buying playoff tickets
Mar 30, 2015, 2:38 PM EDT
StubHub says Warriors permit resale through only Ticketmaster
Mar 30, 2015, 1:59 PM EDT
Rockets point guard to have surgery on wrist
Mar 30, 2015, 1:27 PM EDT
Phil Jackson disciple Craig Hodges now coaching Westchester Knicks
Mar 30, 2015, 12:49 PM EDT
Jordan made preseason debut at Washington High School, but at one point, it seemed Washington High alum Junior Bridgeman would be the big draw
Mar 30, 2015, 12:11 PM EDT
D.J. Augustin throws the alley-oop, and two Thunder players go for it. Westbrook won.
- Five Things We Learned in NBA Monday: DeMar DeRozan went Harden on Harden 7
- Derrick Rose returns to full-contact practice, Bulls return date still unknown 5
- Report: Sacramento consultant Chris Mullin to take St. John’s head coaching job 4
- PBT Extra: Taking twitter questions on Clippers, Michael Carter-Williams, more 6
- PBT’s NBA Power Rankings: Cream rising to top as playoffs near 27
- Report: Patrick Beverley out for rest of season, including playoffs 7
- Breaking down Western Conference playoff chase with two weeks left in season 9
- Breaking down Eastern Conference playoff chase with two weeks left in season 10