Monk is back!!!!!!!!
- Thread starter iowamcnabb
- Start date
Do you remember who the owner is? lol. If Monte can't make moves then the Kings will essentially be stuck. Happens all the time, happened to the Kings a time or two. Bloated cap? Check. Multi year coach? Check. That axe has to fall somewhere. I also wouldn't be completely ignoring all these Fox rumors but any player should be thinking that way as they head towards that 30 year old range. Too hard to build a squad with players making these escalating with age max deals. Especially with the apron in effect.
Building a career, making a life, is a hard thing to do, even for a guy with huge talent and charisma:
https://www.nbcsportsbayarea.com/nba/sacramento-kings/malik-monk-nba-contract-business/1753578/
Monk's signing had add-on effects for the Sacramento Kings, too.
https://www.nbcsportsbayarea.com/nba/sacramento-kings/malik-monk-nba-contract-business/1753578/
Monk's signing had add-on effects for the Sacramento Kings, too.
I’ve said it many times, there are more important things than just money. Especially when making the type of money these guys are making. A few million more per season is nothing to sneeze at, but it ain’t all that compared to situation, fit and personal happiness.
While I don’t make anywhere near the type of $$$ these guys do, I’ve declined opportunities to relocate and make more with less cost of living, taxes and expenses. And never regretted it once.
While I don’t make anywhere near the type of $$$ these guys do, I’ve declined opportunities to relocate and make more with less cost of living, taxes and expenses. And never regretted it once.
I don't understand how once you get a certain amount of bag you ever need more but obviously there are folks in this world whom for billions isn't enough, and I guess with these players having just $1 more than the next biggest contract is a bragging point.
What I do know is I've reached a tipping point in my own life where I'd rather have more time to enjoy life than more money and it is a fraction of what these dudes make. I'm happy Monk seems to have made a similar calculus.
What I do know is I've reached a tipping point in my own life where I'd rather have more time to enjoy life than more money and it is a fraction of what these dudes make. I'm happy Monk seems to have made a similar calculus.
Yeah, I could understand it in Monk's case though. While his career earnings till this point is nothing to sneeze at, this contract is like super generational type wealth for him. I think that's what's so rare about it; Monk hasn't really made his money yet and he's making the call early in his career to prioritize his life enjoyment over pure $$$
Let's say half goes to taxes and agents (probably more since I've heard agents take as much as 15% these days?) so it's then 40m vs. 50m ish over the next 4 years in his bank accounts. If you invest it modestly it's multi-generational wealth that probably only the great grandkids could screw up.
His first few contracts already bought the house and financed his NBA lifestyle so that could all literally just go in a mutual fund. Of course too many athletes do something stupid and open a restaurant or some other doomed business venture where the best way to make a million bucks is to start with ten.
His first few contracts already bought the house and financed his NBA lifestyle so that could all literally just go in a mutual fund. Of course too many athletes do something stupid and open a restaurant or some other doomed business venture where the best way to make a million bucks is to start with ten.