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Thread: WCS tweet
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03-27-2013, 08:05 PM #31
Re: WCS tweet
You have to pay attention to the 1st contract b/c of several factors. One is the time value of money of course, but also the fact that risk/variance in outcome goes up as we go forward in time. The uncertainty of the 2nd contract should push me to a higher rate on it, but it would be better to value it in a binary branch model. what that means is the 1st conrtract's value is amplified by its relative certainty.
It also depends on which one we're talking about. The #30 contract is worth $4.5 million in discounted dollars, not a "lot" as you said, but the #1 contract is $20.4 million. that's a LOT of money regardless of 2nd contract. Even assuming the big monster contract of $8m/yr for 5 years, top tier money, that 1st contract is still 42.95% of the 9 year NPV.
Another factor we haven't discussed is marketing/endorsements. A player who has contributed more for 3 years has more fans, more shoe interest, etc. which is all valuable to a franchise. If year 3 looks good but is basically your rookie year for the fans your off court value is likely to be lower.
But in general we agree. You have 3 years to make your case for a 4th and that big 2nd contract. No doubt doing the things that maximizes your contribution and value in year 3 are very important. I also agree versus a lot of schools the NBA may be a better environment to develop, but not versus UK. No pro team can beat what we have, and no NBDL facility can hold a candle to it for staff or resources.
Just for kicks I ran the 1st contract % of total NPV in my 9 year contract calculation, again with the $8m/yr 2nd contract for 5 years.
Pick 1st % of Total 1 43% 2 40% 3 38% 4 35% 5 33% 6 31% 7 29% 8 27% 9 26% 10 25% 11 24% 12 23% 13 23% 14 22% 15 21% 16 20% 17 20% 18 19% 19 18% 20 17% 21 17% 22 17% 23 16% 24 16% 25 15% 26 15% 27 15% 28 15% 29 14% 30 14% People keep asking if I'm back and I haven't really had an answer. But now, yeah, I'm thinkin' I'm back.
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03-27-2013, 09:30 PM #32
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Re: WCS tweet
It all depends on what he wants to do and whether his family truly needs the money now vs one more year. I imagine seeing what happened to Nerlens will enter into his decision.
All of us look at it as adults and what "we" think is best, but put era of us in his shoes we may make the same decision he will.
And if his grandparents are white, then why is he black? One parent is evidently white so he is as much white as black.
Whatever he does I appreciate him being a Cat
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03-27-2013, 09:33 PM #33
Re: WCS tweet
I agree with others the big guy needs another year to work on his offense, however, this draft is WEAK and I fully expect him to take advantage of that
"So KY hires, FSU DC Mark Stoops...Does that excite anybody?" Finebaum
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03-27-2013, 09:40 PM #34
Re: WCS tweet
Hes a goner boys
Go Cats!
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03-28-2013, 02:22 AM #35
Re: WCS tweet
I thought Willie was gone after hearing his comments after the Robert Morris game. I still believe that to be the case. I wish him well.
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03-28-2013, 08:15 AM #36
Re: WCS tweet
It's pretty much a sideline to the topic here, but I'll never figure out fans who insist upon ridiculing and blasting UK athletes. I read a conversation Willie had with one such fan, who told him that the D-League needed subs, too, and berated him for his decisions.
Interesting comments from WCS, who did not seem to be that bothered by the guy, other than saying the guy didn't know him. WCS rejected the guy's comment that you play for the name on the front of your shirt, rather than the back, telling the guy that you had to play with enough pride for the name on the BACK of your shirt, not the front--or so Cal told him. Calipari does things a different way, and it's not "all about the school"--it just works out that way for a mutually beneficial relationship. And the kids who leave the school end up loving the school.
Anyway, just an aside.
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03-28-2013, 08:51 AM #37
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03-28-2013, 08:58 AM #38
Re: WCS tweet
JMO, but Willie Cauley-Stein would start over both Johnson and Lee.
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03-28-2013, 08:58 AM #39
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