Tuesday, March 11, 2014

Today, Money Means Everything




Here are two images showing the top paid players in both the NBA and Euroleague from 2013. Right off the bat, it's clear that the NBA players blow the Euroleague players out of the water, and probably off of the planet as well with their massive annual salaries.
Aside from the 1st rank Kobe Bryant from the LA Lakers with a whopping $30.45 million salary, the next four down the list average at around $21.75 million a year, which is still an insane amount of money. 
Contrasting these numbers to those of Euroleague's, it's almost comical. Aside from the 1st rank Theodoros Papaloukas on Olympiacos with a salary of 3.5 million euros ($4.85 million), the next four down the list average at around 2.4 million euros annually. These numbers are 10 times less than those of the NBA.
 This shouldn't come as a surprise though. It's like comparing sprouts to fully grown trees. Because of this gigantic gap between them, it's clear that the Euroleague will virtually never surpass the NBA in terms of popularity and growth, which is why they should seek to learn from them, if their objective is to grow as the NBA has in the past, and continues to today. 
Do you think their collaboration for Euroleagues benefit will result in positive outcomes? Either recognition wise or financially? Or both? 
Do you think that the NBA would use or exploit Euroleague just to infiltrate the European market for their own personal gain?







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