Philadelphia 76ers Financial Times: Beware the shiny “like new” toy

The Philadelphia 76ers have money to spend and are ready to win, but beware the dangerous waters of NBA free agency.

PORTLAND, OR – APRIL 25: J.J. Redick #4 of the Los Angeles Clippers sits on the bench as time winds down in the fourth quarter of Game Four of the Western Conference Quarterfinals against the Portland Trail Blazers during the 2016 NBA Playoffs at the Moda Center on April 25, 2016 in Portland, Oregon. The Blazers won the game 98-84. NOTE TO USER: User expressly acknowledges and agrees that by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Steve Dykes/Getty Images)

I want you to go down to your basement, or garage, or family room. Wherever it is that you put that Elliptical that your wife convinced you that you needed to get back into shape for summer. You know the one you bought it on craigslist for half of the retail purchase price. The one you hang clothes on….

Perhaps it is a boat instead… Or a motorcycle… You know, the expensive “slightly used” toy.

NBA GM’s face this same sort of pressure. Fans want to win, they casually watch NBA Playoff basketball and convince themselves that another teams third offensive option would be a superstar if he just had a bigger role on an emerging team. Each year some team will throw crazy money at another teams rotation player expecting them to transform their franchise. Sadly it rarely works out that way.

For every Steve Nash (2004 Phoenix 6yrs/66million), there are a dozen Darius Miles (2004 POR 6yrs/ 48 million)

For every Chauncey Billups (2002 Detroit 6yrs/35million) there are numerous Allen Houstons (2001 New York 6yrs/ 100 million)

Hope springs eternal

I see this in the corporate world quite a bit actually. It is basic human nature to fall in love with the hope and potential of an external candidate versus promoting from within. Teams understand their own players strengths and weaknesses. They understand the limitations of their current roster. It is very easy to fall in love with the possibility that a role player on another team has been overlooked and underappreciated.

But ask yourself something… Would you let an ascending player on your team go if you thought they could grow into a star, simply because someone else would pay them more money? Teams do not let future stars leave in free agency very often.

Next: Evan Turner and Dwyane Wade

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