Winderman: Why agents are pushing overseas options

Leave a comment

The flights are mostly one way, west to east. Everyone seemingly is going to Europe or beyond, amid the lockout.

We appreciate the incentive for the players, the opportunity to stay sharp, find competition, earn a few pennies on their typical NBA dollars.

But they are not alone in this process.

It also is one driven by agents, who also need to continue the cash flow.

So how does it work for them?

He’s how, according to a couple of agents well-versed in the process:

Foremost, unlike NBA deals, where the agent cut is limited to four percent, agents typically claim 10 percent on overseas deals. At times, that percentage is split with an overseas agent.

“The agent fee is 10 percent, paid by the team, not paid by the player,” one agent said, requesting anonymity due to ongoing contentiousness in the process. “So if a player goes over and now he’s getting $100,000, there’s an agent fee of $10,000 that the team pays. Now, sometimes, that gets broken up, there’s a broker overseas, without even getting back into kickbacks.”

The agent, though, did get into kickbacks, noting it is not out of the question for an agent to request a 15-percent fee, so he still winds up with the 10 percent after paying off his overseas associate.

Another agent, who deals with mostly secondary-level talent, said the contracts signed by the players are for the full amount offered, unlike in the NBA, where agent and other fees are then removed.

“If it’s a $200,000 contract, he’s netting $200,000 in cash,” he said. “The team is paying the tax on that. So he’s getting $200,000 in cash. The agent is getting $20,000.”

Of course, that’s if the players or the agent get anything, based on some of the sketchy payment practices overseas.

“Stupid people like me wait and sometimes the player doesn’t get his money and therefore I don’t get my money,” said the agent who represents secondary-talent players. “So it can happen.”

Because of that, there has been a push among agents to receive payment up front for those headed overseas amid the lockout.

“Well, let’s use a practical example, Deron Williams,” the agent who represents high-end talent said. “OK, so he’s making, let’s probably say $500,000 U.S. a month. You’re getting at least three months out of him if the lockout continues, that $1.5 million. So you might ask for $150,000 up front, sure.”

Both agents said they would be reluctant sending players assured of significant future NBA earnings overseas, even if it meant lost fees.

“Obviously,” the high-end agent said, “I’m going to have issues if I don’t make any money here. But the fact is here I’ve got a fiduciary obligation, I can’t advise somebody the wrong way.”

Said the agent who represents second-tier talent, “The thing that’s just fascinating to me is the first guy that’s injured, whoever goes, it’ll be interesting to see what happens.”

Ira Winderman writes regularly for NBCSports.com and covers the Heat and the NBA for the South Florida Sun-Sentinel. You can follow him on Twitter at http://twitter.com/IraHeatBeat.

Knicks rookie R.J. Barrett out at least a week with right ankle sprain

R.J. Barrett
Stacy Revere/Getty Images
Leave a comment

NEW YORK (AP) New York Knicks rookie R.J. Barrett will miss at least a week with a sprained right ankle.

Barrett was hurt during the Knicks’ loss to Phoenix on Thursday. On Friday, he had X-rays, which were negative.

The Knicks announced afterward that Barrett will be re-evaluated in a week.

The No. 3 pick in the draft from Duke is averaging 14.1 points.

Heat: Justise Winslow out at least two more weeks

Justise Winslow
Issac Baldizon/NBAE via Getty Images
Leave a comment

MIAMI (AP) — The Miami Heat say Justise Winslow will miss at least two more weeks while recovering from a back injury.

Winslow has played only once since Dec. 4 and is slated to be out for at least the remainder of January. The team originally called Winslow’s injury a back strain, then updated the diagnosis to a bone bruise.

Winslow played off the bench in Miami’s win at Indiana on Jan. 8. The team said the back problems reappeared after that game. He has not played since.

Friday’s game in Oklahoma City is Miami’s 41st of the season and the 30th that Winslow has missed. He’s averaging 11.3 points, 6.6 rebounds and 4.0 assists for the Heat this season.

Kevin Huerter’s 3-pointer gives Hawks first win in San Antonio in his lifetime (video)

Leave a comment

The Hawks beat the Spurs in San Antonio on Feb. 15, 1997.

The next year, Kevin Huerter was born.

Atlanta’s next win in San Antonio came Friday, when Huerter hit the game-winning 3-pointer in a 121-120 win.

The Hawks’ losing streak in San Antonio spanned Tim Duncan’s entire lengthy career – and continued a few seasons beyond that. The only reprieve came during the lockout-shortened 1999 season, when Atlanta didn’t visit San Antonio. So, the skid lasted 21 games.

Buddy Hield on Kings getting booed at home: ‘That’s how Sacramento fans are’

Kings guard Buddy Hield
Rocky Widner/NBAE via Getty Images
Leave a comment

Buddy Hield is quite familiar with frustration amid the Kings’ disappointing season.

Sacramento fans showed theirs Wednesday, booing the Kings during their home loss to the Mavericks.

Buddy Hield, via James Ham of NBC Sports California:

“Everybody is frustrated, it’s not even them, we’re trying to figure it out too,” Buddy Hield said following the loss. “But it’s the home team and we get booed…we don’t agree with it, but they’re going to voice their opinion.

“I understand their frustration, but like I said, I’m going to keep shooting the ball,” Hield continued. “When I make a three they like me, when I don’t, they hate you. That’s how Sacramento fans are, man, so you’ve got to embrace it.”

Hield seemingly isn’t looking to pick a fight with fans. He made a point to empathize with their frustration.

But I don’t think he’s being fair, either.

Kings fans are far more loyal than swinging between love and hate depending whether or not a shot falls. They’re fed up after 13 – going on 14 – straight seasons missing the playoffs. This year has been particularly discouraging, as Sacramento has backtracked from fun and fast to sad and slow. Losing to Luka Doncica particular grievance – only adds to the irritation.

The Kings’ problems have spanned multiple owners, executives, coaches and players. So, booing this group isn’t totally fair, either. But this is who’s in front of the fans.

If this Sacramento team plays hard and together, fans will embrace it – and stick with it through thinner times.