Thursday, November 15, 2007
Stephon Marbury: And he's back...too....but for how long?
At the moment, "tensions between Marbury and Thomas -- Westchester County neighbors who share the same agent," are at an impasse writes AP Basketball Writer Brian Mahoney.
The prodigal son has returned to the New York Knicks after incurring a fine befitting his annual salary of $20.1 million dollars--a small fortune in itself: $182,800 after an "unexcused" absence in the match up against the Phoenix Suns the other day.
Mahoney wrote:
"The Knicks sent Marbury a letter informing him of the fine, according to a person with knowledge of the penalty who spoke to The Associated Press on Wednesday. He requested anonymity because he wasn't authorized to discuss it. The Knicks would not confirm the fine.
According to the NBA's collective bargaining agreement, players are docked 1/110th of their salaries for a missed game without a reasonable excuse. With Marbury scheduled to earn $20.1 million this season, that would be about $182,800.
The Knicks hoped their summer of woes would be forgotten once the season started, but instead they've blown up on their first road trip.
Marbury played poorly down the stretch in New York's 75-72 home loss to Miami on Sunday, and the Daily News reported Tuesday the Knicks were trying to reduce Marbury's role or get rid of him entirely.
Marbury is still one of the Knicks' best players, averaging 15.2 points and 6.8 assists."
Marbury's back because a $182,800 pill can be VERY difficult to swallow considering that their are still 76 games remaining in the Knicks regular season schedule.
If Marbury were to miss all of those games, his projected losses would amount to--$14,075,600 (though 77 games, including the recently concluded game against Phoenix).
Well, if he did stick it out and not come back, Stephon would have still made $6,024,400. Not bad for not doing anything.
This situation is not even close to being resolved.
Stay Tuned...
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Labels:
Isiah Thomas,
NBA,
New York Knicks,
Stephon Marbury
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