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re: Steph Curry: NBA stars are underpaid, would like to have equity in NBA franchises

Posted on 5/6/26 at 12:51 pm to
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
12182 posts
Posted on 5/6/26 at 12:51 pm to
quote:

lol these people are unserious clowns

Found someone who doesn't understand economics
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
12182 posts
Posted on 5/6/26 at 12:52 pm to
quote:

The superstars are probably underpaid when it comes to their value to their franchise and the leauge. This only applies to a handful of players.

And Steph is unequivocally in that handful.
Posted by Madking
Member since Apr 2016
70800 posts
Posted on 5/6/26 at 12:54 pm to
Oh the irony
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 5/6/26 at 12:55 pm to
quote:

Only in a league as entitled and arrogant as the NBA could you have a mf making damn near $60 million a year who still has the balls to bitch about being underpaid.


But he's right
Posted by StansberryRules
Member since Aug 2024
5214 posts
Posted on 5/6/26 at 12:55 pm to
Companies having stock buying programs for their employees isn't really the same thing.

The point is a very small number of talented employees often can produce insane value for the company and they typically don't ever get a "fair" share of what they created, because they didn't own what they created. Much like Curry, they likely made a ton of money off their salary ,bonuses, and stock options, but it's still a pittance compared to what they actually created.
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
12182 posts
Posted on 5/6/26 at 12:59 pm to
quote:

It’s not that players can’t physically do it, it’s that teams want them at their best for the playoffs. Some teams started doing it to gain an edge. Then all teams started doing it to not get left behind and they keep doing it because everyone else is and they don’t want to be at a disadvantage.

It makes the regular season a shite product. But then you have teams like Minnesota who look scary now that they are locked in (even with the injuries).
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
12182 posts
Posted on 5/6/26 at 1:00 pm to
quote:

Only in a league as entitled and arrogant as the NBA could you have a mf making damn near $60 million a year who still has the balls to bitch about being underpaid.

You know its possible to even make 100 million a year and still be underpaid? You sound jelly....and poor.
Posted by Bigdawgb
Member since Oct 2023
4268 posts
Posted on 5/6/26 at 1:11 pm to
quote:

I wonder how the old timers did it, then.


Frankly, I don't believe that the owners cared as much back in the day. A 6 or 7 figure, unsecured contract investment isn't handled the same way as a 9 figure, guaranteed contract investment
Posted by lsufball19
Franklin, TN
Member since Sep 2008
73603 posts
Posted on 5/6/26 at 1:12 pm to
quote:

You dont think those engineers had any equity in Apple stock?

Why are the most confident posters always the most incorrect?

Comparing a publicly traded company stock program to having equity in a professional sports franchise isn't exactly an apples to apples comparison. Employees have a vesting timetable and then can buy and sell stocks at any time. How would that work in a professional sports franchise? Especially where players don't typically stay with the same franchise their entire careers.

A more comparable scenario would be making partner at a firm and having the opportunity to buy-in for an equity share of the firm (a very small share for a large firm). But if they leave the firm, they then have to sell their shares back to the company. They aren't just given anything just for being productive employees. Would Curry have invested a good chunk of his net worth back when the franchise was worth a fraction of what it is now? Or is he just trying to Monday Morning QB this thing because it's become a lot more valuable while he's been there?
Posted by CR4090
Member since Apr 2023
9536 posts
Posted on 5/6/26 at 1:13 pm to
Steph going the jackass LeBron route.
Posted by sgallo3
Lake Charles
Member since Sep 2008
27215 posts
Posted on 5/6/26 at 2:18 pm to
quote:

Would players have to sell off equity if they request a trade or leave as a free agent?

yes. the only way it would work
Posted by BuzzdLightBeer
Member since Dec 2018
242 posts
Posted on 5/6/26 at 2:20 pm to
quote:
Their ridiculous salaries are based, in part, on revenue sharing, so I don't know what exactly he should be complain about when he's worth almost half a billion dollars.

If there weren't an artificial cap on what these employees could make, he would be making much more. Hence, he is 100% correct that he had been underpaid most of his career.


His blame is misplaced. There is a player's union that negotiated the terms for the entire group and he agreed. The union could ask for the cap to be removed. His issue is with his Union reps, not the team owners. This is the deal they negotiated.

They need to allow those slimy agents and companies to bank roll young athletes and own a percentage of all of their future earnings. Some how, I think Steph would have a different opinion.

Posted by AkronTiger
2025 NFL Survivor Champion
Member since May 2021
2959 posts
Posted on 5/6/26 at 2:25 pm to
quote:

NBA stars are underpaid


Yes, salary caps do this to elite players. He's not wrong.

League minimums do the opposite, which accounts for a much larger number of players.
This post was edited on 5/6/26 at 2:27 pm
Posted by sgallo3
Lake Charles
Member since Sep 2008
27215 posts
Posted on 5/6/26 at 2:26 pm to
quote:

The union could ask for the cap to be removed.

Did you even listen to what he said? he doesn't want a higher salary, he wants equity in the team because it has gone from being worth $300 million when he was drafted to $11+ billion now.

In 2009 when he was drafted Kobe was the highest paid player
Kobe Bryant (LA Lakers): ~$23.03 million

2025-26 NBA season, Stephen Curry of the Golden State Warriors is the highest-paid player by salary, earning approximately $59.6 million

So franchise value went up 3600% and salaries went up 250%.

Steph has made an assload of money. He should worry about the equity stuff after he hangs it up, he isn't old. I understand what he is saying but it wouldn't work in professional sports. most of the players don't add value to their franchise. The Warriors built new facilities and such which made their value go up. Not sure how much was funded by the owners and how much by taxpayers.
This post was edited on 5/6/26 at 2:35 pm
Posted by mizzoubuckeyeiowa
Member since Nov 2015
39420 posts
Posted on 5/6/26 at 2:33 pm to
quote:

Being a great employee of a company doesn't entitle you to own part of the company.


Or you can be like the WNBA players, who are terrible employees but think they're the reason its on TV and has some fans.

NBA megastars today have the bootstrapping syndrome... To them...They created it all out of nothing at the employee level...the fact the League existed long before, built and maintained by owners, grown by decades of past players...none of it matters to them that they stepped into an established, impossible to fail money-maker.

They want to be the generation that stands on top of the mountain, reaping the rewards of all the effort before them, while standing on the shoulders of the giants who built the game. Steph Curry is free to start his own League, it would be more noble than pilfering equity as the last guy through the door.
This post was edited on 5/6/26 at 2:37 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 5/6/26 at 2:35 pm to
quote:

.They created it all out of nothing at the employee level...the fact the League existed long before, built and maintained by owners, grown by decades of past players...none of it matters to them that they stepped into an established, impossible to fail money-maker.


But this generation "Grew" the league a lot more than those in the past.

The NBA was in dire straights about 25 years ago. They basically had to rebuild the values of the league and TV deals. People forget how touch and go the NBA was for a few years.
Posted by sgallo3
Lake Charles
Member since Sep 2008
27215 posts
Posted on 5/6/26 at 2:36 pm to
quote:

the fact the League existed long before, built and maintained by owners

Yep. The NBA wasn't even profitable for the first almost 40 years of it's existence. Founded in 1947 and not profitable until after 1983.
This post was edited on 5/6/26 at 2:37 pm
Posted by Madking
Member since Apr 2016
70800 posts
Posted on 5/6/26 at 2:40 pm to
lol
Posted by AkronTiger
2025 NFL Survivor Champion
Member since May 2021
2959 posts
Posted on 5/6/26 at 2:57 pm to
quote:

But this generation "Grew" the league a lot more than those in the past.

Did this generation of players grow the league? Or did they grow WITH the league? That's the question. Michael Jordan's Bulls in the late 90s were worth ~200 million. Now they're worth ~6 Billion. How much would Steph Curry's impact alone increase the value of an NBA franchise? And how long lasting is their impact?

I do agree that having max salaries for players makes elite players get paid less, not sure how controversial that is but it shouldn't be. Steph is definitely part of that list. What I'm sure of is how much of the Warrior's value is directly attributable to Steph.
This post was edited on 5/6/26 at 3:04 pm
Posted by higgsBoson
Democratic Party
Member since Jan 2012
1612 posts
Posted on 5/6/26 at 3:03 pm to
quote:

Curry during that time went from making 0 to 410 million dollars plus the opportunity to make a ton of money off the court while taking on no risk except that of his body during games. These guys don’t want to be exposed to any of the downside but think they are owed a piece of everything.


I don’t get what you’re saying. He’s complaining that players aren’t allowed to have ownership stakes in the team while playing. Implicit in his comment is that some players would deserve this and get paid this if it was allowed. And having equity in the company as part of your salary directly exposes you to the upside and downside of the industry. And this is not something very crazy. Anyone at any company making as much salary as them would have a massive portion of it be based on equity. It’s really that sports are the outlier.
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