Is there any rule against owners giving jobs to players after they retire?

[cima]

For example, I read that Dirk has sacrificed over $78 mil in his NBA career. Is there really anything that can stop Mark Cuban from giving Dirk some cushy *** job from one of his non-NBA businesses that pays him an obscene amount of $ after Dirk retires?

[redsox4evur]

Re: Is there any rule against owners giving jobs to players after they retire?

Not to my knowledge there isn't. Hell Bob Kraft has given Brady property at Patriot Place (the area outside Gillette).


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[vtcha]

Re: Is there any rule against owners giving jobs to players after they retire?

I can't really see any rules being broken nor what's there to stop this from happening.

At the end of the day, any potential money that an owner gives to an employee is strictly between the two and none of the league's business.

I think it would only become news if, say Cuban, backs out of his word to pay Nowitzki after he retires and then Nowitzki files a lawsuit, etc.
It would still be very hard to prove evidence of any tampering since I highly doubt anything is signed and it's simply just a verbal agreement that the two made privately.

[Strangerstake]

Re: Is there any rule against owners giving jobs to players after they retire?

I dont know about the rule, but i see mavs honoring dirk in multiple ways even after he retires, cuban ll probably gift him some worlds finest as well, im sure cuban knows how to appreciate dirk


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[TheBadazz]

Re: Is there any rule against owners giving jobs to players after they retire?

I can see. Bulls pay Pippen to do nothing.

[dsallupinyaarea]

Re: Is there any rule against owners giving jobs to players after they retire?

Considering the fact that it's cap circumvention, I'd imagine there's some rule against it. You'd never be able to enforce it though because no team is stupid enough to put the agreement in writing.

[ehh]

Re: Is there any rule against owners giving jobs to players after they retire?

You obviously can't give active players an ownership stake but I don't see how you can police what happens after a player retires.

At the same time, a cushy FO job for Dirk isn't going to make up for $78m sacrificed during his career. Also, I can't imagine any owner giving any player an ownership percentage but who knows.

[cima]

Re: Is there any rule against owners giving jobs to players after they retire?

You obviously can't give active players an ownership stake but I don't see how you can police what happens after a player retires.

At the same time, a cushy FO job for Dirk isn't going to make up for $78m sacrificed during his career. Also, I can't imagine any owner giving any player an ownership percentage but who knows.

I feel Cuban could make that $78 mil up pretty easily through various avenues. % ownership in certain businesses (not just the Mavs), or probably the easiest, bonuses.

[DieHardYankee26]

Re: Is there any rule against owners giving jobs to players after they retire?

I dont think it's easy for damn near anyone to just generate and give away 78 million. That's a lot of money. He has a lot, but to give that up is something people who dont have money would do.

[cima]

Re: Is there any rule against owners giving jobs to players after they retire?

I dont think it's easy for damn near anyone to just generate and give away 78 million. That's a lot of money. He has a lot, but to give that up is something people who dont have money would do.

Well I'm not taking like in a span of a couple of years or anything. But over 20-30 years? That's reasonable.

[DieHardYankee26]

Re: Is there any rule against owners giving jobs to players after they retire?

Well I'm not taking like in a span of a couple of years or anything. But over 20-30 years? That's reasonable.

That's true but would Dirk want to be dripped that money? At a point Cuban could just wire a million to Dirk every year until he dies, but that isn't going to be worth the 78 mil he gave up during his career accounting for inflation and whatnot. I think he'll give Dirk a title with a nice check and they'll be fine, but it's not really something that can be fought in my mind.

I thought about this a lot with Durant. You mean to tell me none of his decision was influenced by being in a room with a few Silicon Valley venture capitalists saying "we know how to make money"? Thats hard for me to believe. It's basically just a part of the franchise pitch in my mind.

[cima]

Re: Is there any rule against owners giving jobs to players after they retire?

That's true but would Dirk want to be dripped that money? At a point Cuban could just wire a million to Dirk every year until he dies, but that isn't going to be worth the 78 mil he gave up during his career accounting for inflation and whatnot. I think he'll give Dirk a title with a nice check and they'll be fine, but it's not really something that can be fought in my mind.

I thought about this a lot with Durant. You mean to tell me none of his decision was influenced by being in a room with a few Silicon Valley venture capitalists saying "we know how to make money"? Thats hard for me to believe. It's basically just a part of the franchise pitch in my mind.

Oh for sure SV was definitely a huge part of their pitch. Of course you have opportunities to make far more $$ in SV than in OKC, that's a no-brainer. Most players would not turn down the combination of $$ in SV and a team structured like the Warriors. The only dudes that would are the MJ/Kobe-wired type guys.

[ProfessaPackMan]

Re: Is there any rule against owners giving jobs to players after they retire?

I thought Dirk had fell on hard times when I read the OP, lol

[wco81]

Re: Is there any rule against owners giving jobs to players after they retire?

I thought about this a lot with Durant. You mean to tell me none of his decision was influenced by being in a room with a few Silicon Valley venture capitalists saying "we know how to make money"? Thats hard for me to believe. It's basically just a part of the franchise pitch in my mind.

Other than Oracle paying for naming rights to the arena, most established tech companies in the Bay Area aren't signing athletes to big endorsement deals. I'm sure they're buying luxury boxes and get to hob nob with star players but that's about it.

There are sports fans in the rank and file of tech cos. but a lot of the younger workers are not that into traditional team sports. They're more into alternative sports like snowboarding and more individual extreme sports if they're into sports at all. The stereotype about the nerds who aren't that into sports holds true to a certain extent, especially the engineering types, though there are a fair number of ex jocks too.

They'll go to games and Sharks games were popular when they first came into the NHL, especially being right in the middle of Silicon Valley. Oakland and East Bay in general has very little in the way of tech companies.

Most of them are in SF and down the peninsula all the way to Santa Clara Valley. 49ers are trying to tap into that by building Levis in Santa Clara and they have sold out the PSLs but not sure how many of them to tech industry workers.

Igudala has reportedly dabbled with some tech startups. Maybe invested in some. Lacob supposedly has big VC roots, where he supposedly made his money. So maybe he could hook some of the players up with some hot startups but that's speculative stuff.

When Patrick Willis retired, he also had some investments in some startups. Now, the startup and IPO market isn't as hot as it was a year ago.

Maybe Cuban can also set Dirk up with some tech VCs, if he were interested.

A lot of these players have "play money" for speculative things like that.

Bay Area is a pretty large market but the Warriors TV deal isn't anything like what the Lakers have. In fact, when Arizona Diamondbacks signed Zach Greinke because they supposedly had a $1 local TV deal, that was kind of shocking because the Phoenix market is smaller than it is here.

Anyways, Jordan makes way more money from Nike in one year than he has in all his years in the NBA. So some superstars may be able to get that kind of endorsement money by winning a lot. LeBron may be able to do it, since he already has a big contract with Nike and his brand may have staying power after he retires.

[Ghost Of The Year]

Re: Is there any rule against owners giving jobs to players after they retire?

This is what universities & colleges should do for players who don't make it in the pro's.
Avoid paying players while they have eligibility. Start paying them after they've been gone, say 4-5 years. You become known as a university that takes care of it's own. 5 star recruits beat a path to your door. And what can the NCdouble-damnA do about it. Jack Squat.