The Daily Belmore

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A Drop In The Bucket

Stephon Marbury was fined $195,000 by the Knicks for missing last night’s game (from ESPN):

The Knicks sent the guard a letter informing him of the fine, according to a person with knowledge of the penalty who spoke to The Associated Press. He requested anonymity because he wasn’t authorized to discuss it.

Marbury lost approximately $195,000 — at least $174,503 (1/110th of his salary) and $20,000 in a team fine, sources told ESPN.com’s Chris Sheridan. According to the NBA’s collective bargaining agreement, players are docked 1/110th of their salaries for a missed game.

So $195,000 is only 1/110th of his salary? He’s making $19,195,330 this year?  Really?  He gives them 18.3 points, 2.9 rebounds, and 6.7 assists per game.  That’s worth $20 million?  The minimum is $1,219,590.  He’s making a $17.8 million premium for being an average point guard.  That’s ridiculous.

I knew Isaiah Thomas was a bad GM, but I didn’t realize it was this bad.  That whole organization should be fired.  Heck, bring them to Seattle next year.  There’s no way Paul Allen would screw things up that bad.

November 14, 2007 Posted by pbelmore | Sports | , , , , , | No Comments Yet