We informed you yesterday of Brandon Jennings making some noise about heading back to Europe in the event of a lockout (an event which at this point has the likelihood of the sun rising in the East tomorrow). Today comes word that Jennings can go ahead and flip his leftover Euros into dollars, because he’s not going anywhere, just like John Krolik told you to start with.
Cap master Larry Coon told Hoopsworld that because of how FIBA is set-up, Jennings and any other player looking to jet overseas to ball would have to get FIBA to sign a Letter of Clearance, and with the lockout situation the way it is, and with the relationship FIBA has with the NBA, that won’t be happening ever, ever ever, ever ever ever. Jennings will be stuck next year in a lockout, just like the rest of the players. For younger guys who don’t have the experience in the NBA long enough to have built up a stockpile of cash for this lockout, they’re just going to have to make do. Which means they’ll have to learn to live on $2 million a year instead of $4 million a year.
It’s just like when Grandma used to can green beans after the recession in case that kind of living ever came back, only with platinum Rolexes.