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.
Jun 29, 2015, 7:45 PM EDT
Davis is looking for a multi-year deal.
Jun 29, 2015, 6:50 PM EDT
The bottom line is this: Butler is going to be a Bull next season.
Jun 29, 2015, 6:16 PM EDT
The first rule of trading a player is to not look like you want to trade that player.
Jun 29, 2015, 5:20 PM EDT
Kind of hard to picture him going to the Raptors considering the other options on the table.
Jun 29, 2015, 4:31 PM EDT
The real question for Wade and his effort to leverage the Heat: Who is going to give him more money than Miami?
Jun 29, 2015, 3:44 PM EDT
The report says $12 million a year for Afflalo, that price seems steep.
Jun 29, 2015, 3:18 PM EDT
They are trying to keep those two while dealing Joe Johnson and Deron Williams.
Jun 29, 2015, 2:46 PM EDT
Expect the Bledsoe drama to play out through the summer. Again.
Jun 29, 2015, 1:55 PM EDT
He has more leverage this way, can get a longer deal.
Jun 29, 2015, 1:24 PM EDT
Doesn’t Butler strike you as the kind of veteran the Spurs bring in and he’s rejuvenated?
Jun 29, 2015, 12:44 PM EDT
The question is only what length of contract Love will sign.
Jun 29, 2015, 11:50 AM EDT
Where is Wade going to find a better deal on the open market?
Jun 29, 2015, 11:10 AM EDT
Stan Van Gundy’s offense doesn’t really fit two traditional bigs.
Jun 29, 2015, 10:37 AM EDT
There is interest in Joe Johnson out there, but his $24.9 million salary limits it.
Jun 29, 2015, 9:57 AM EDT
The Wizards would like to find a stretch four this summer then play Nene more as a backup to Gortat.
Jun 29, 2015, 9:10 AM EDT
In the playoffs, Aminu averaged 11.2 points, and 7.2 rebounds a game, shot 63.3 percent from three and had a PER of 20.3.
Jun 29, 2015, 8:30 AM EDT
Every agent is using the Lakers as leverage now.
Jun 29, 2015, 8:00 AM EDT
If the Suns want to move Bledsoe, there will be interested trading partners.
Report: Dallas most likely team to lure DeAndre Jordan from Clippers, Chandler Parsons already recruiting
Jun 29, 2015, 12:46 AM EDT
Jordan has felt like a third wheel at times in Los Angeles.
Jun 28, 2015, 11:30 PM EDT
Knight was traded from Milwaukee at the deadline.
- Report: Chicago Bulls give Jimmy Butler max qualifying offer 5
- Report: Dwyane Wade will not opt-in with Heat, to become free agent (as expected) 25
- Report: Knicks front runner to land Arron Afflalo (and Greg Monroe, too) 21
- Report: Luol Deng surprises Miami, opts in for 2015-16 season 26
- Report: Sense around league is Kevin Love will re-sign with Cavaliers 29
- Report: As deadline nears, signs still point to Dwyane Wade opting out, becoming free agent 39
- Report: Dallas most likely team to lure DeAndre Jordan from Clippers, Chandler Parsons already recruiting 24
- Report: Lakers would still trade D’Angelo Russell for DeMarcus Cousins straight up. Kings wouldn’t. 29