I Know Everything - Chapter 570
Chapter 570: This is really a fat contract!
In the past two days, the people’s thoughts and discussions in the US and China were on the sky-high contract received by Chen Huan.
As long as Chen Huan agreed, he could close his eyes and randomly choose his contract but still get a 200 million USD worth of contract.
A contract of at least 40 million USD per year!
Even if James renewed his contract the next season, his contract estimate was at 70 million for two years!
Who was Lebron James?
He was the face of the NBA!
He was the best player in the NBA for the past ten years and almost unequaled.
His title of ‘The Chosen One’ wasn’t just a slogan as it was true that many people believe it.
Lebron James was only 31 years old this year and was considered young in the current NBA, this was still the peak and no sign of decline yet.
Even with the great increase in cap space, they couldn’t put a 17 years old boy at the same standing as the King, right?
Even more money on top of that!
It wasn’t just James as other superstars of the league such as Anthony, Curry and Harden would all at least increase their salary at the level of Chen Huan when the contract negotiation came.
Many people also complained that the GM placed too much importance on a 17 years old boy in order to get into the Chinese Market and this would affect the balance of the NBA.
But the GM all ignored them.
Although Chen Huan only played six games, those six games showed that Chen Huan was born to compete at a high level and his skills were already at the level of superstars that could crush the opposition. He could crush Duncan and even if he was 40 years old, how many could do that?
It was exactly because of how Chen Huan successfully overcame Duncan and Ginobili and came out on top that they knew how skilled Chen Huan was.
Everyone was still not sure of Chen Huan’s greatness after the first round against the Blazers.
If they could get a player like Chen Huan, they wouldn’t have to worry about their offensive firepower for the next few years.
No one in the league would be able to stop Chen Huan if he developed his offense to the peak!
For example, the NBA best coach Popovich said in an interview, “I’m saddened to see Duncan retire but if Chen Huan came to the Spurs, I can lead him to ten championships and I wouldn’t mind working for another 20 years!”
The Los Angeles Clippers’ Coach Doc Rivers also said, “Although Chen Huan only played 6 games, you can see at a glance that someone is a superstar for some people! Us, the Clippers, are the most serious in our pursuit to add Chen Huan to our team! We hope he comes to the Clippers and creates a new dynasty!”
The head coach of the New York Knicks, Fischer, said, “Everyone who says that Chen Huan isn’t worth 40 million a year, those are all ignorant! This money can be earned by the simple fact that Chen Huan is Chinese! Not to mention he’s this skilled! Chen, let me tell you, there are more beautiful stars here than in Hollywood!”
Even the Rockets participated in it on top of those famous coaches.
The Rockets offered 120 million for five years and they hoped Chen Huan would come to continue in Big Yao’s footsteps and success journey.
Big Yao didn’t mention this to Chen Huan before he just refused it for him.
Chen Huan heard it and agreed with him.
They already trapped Big Yao’s entire career and now they wanted to also entrap him? What kind of retards were they?
He would be crazy to go to them while refusing a better offer with even full team control!
The Lakers were feeling anxious.
But they got Kobe’s assurance that Chen Huan wasn’t thinking about next season now and just wanted to concentrate on the playoffs now.
Kobe would personally go discuss with Chen Huan after the finals.
Based on their relationship and Kobe’s willingness to take a 10 million pay cut so Chen Huan could get 40 million per year, it was already plenty sincere enough.
So Buss Junior and Kupchak decided to patiently wait.
The discussion of it by the media and the people were in full swing.
Although most Americans didn’t lack food or clothes, 40 million USD in annual salary wasn’t something they could imagine.
Basically many CEO’s in fortune 500 wouldn’t even get 40 million per year without equity incentive.
Of course that salary was subjected to tax.
It would be too difficult if too many details were given but it wouldn’t be bad already for a NBA to keep half of his salary after the federal tax, personal tax etc was paid.
The personal tax in California, where the Lakers was located, was quite high, they could go up to 40%.
If everything was calculated, Chen Huan would only get 18 million out of the 40 million if he stayed with the Lakers or went to the Clippers.
That level of tax was simply crazy!
It wasn’t as good as going to the Rockets in Texas where there was no income tax so they could at least save around 5 million per year!
It was no wonder that those Hollywood giants moved their companies out of California one by one to other states because they couldn’t stand those high taxes!
No wonder the Lakers had been considering whether to move out of California.
But even if that was the case, an annual income of near 20 million per year was still an astronomical figure.
Normal people who could have that amount of money retire instantly and travel around the world smartly, and it still would last them for their entire life.
“Damn, so guys, just go play basketball! Basketball can make you super rich without needing you having a brain!”
“They are willing to give him such a fat contract after only 6 games? That’s crazy!”
“You can be more willful when you’re rich, for the rich, it doesn’t matter how much they spent for a super player like Chen Huan.”
“It also depends on how good the player is! I’ve seen Chen Huan and he’s definitely as good as those superstars at their prime!”
“Certainly! Chen Huan’s only weakness is three pointers, he never made one! Is this his biggest weakness?”
“Who cares about his weakness? Duncan and Ginobili together couldn’t resist his power and that’s superstar level! No one will lose out if they give him a fat contract!”
Even the Americans was like that, let alone the media and netizens back in the home country.
“Big Yao’s biggest salary was 17.69 million right? Chen Huan will get twice more in his second season already?”
“We shouldn’t say that Chen Huan is better than Big Yao, they are in different positions.”
“Tsk! So how about you compare Duncan and Big Yao? If Chen Huan could crush Duncan, what’s so great about Big Yao?”
“Hey, don’t say that! Big Yao and Chen Huan are good friends, let’s not do friendly fire!”
“Right! Sister Xiaofeng doesn’t care about these things and he only pursues victory, it doesn’t matter how much money is involved!”
“So true! He already made so much money but almost donated it all away. He only bought a large flat in Lin’an, he really isn’t greedy for money.”
“However, if Sister Xiaofeng becomes the highest paid player in the league, it’s also a form of honor gained for our country!”
“Who would say otherwise? I didn’t expect Teacher Lu to go to the US and make so much money as well as catching the heart of so many beautiful celebrities, so enviable.”
“How can someone be this good in so many aspects? Mom, why didn’t you make me become a genius like Sister Xiaofeng?!”
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