I don't think this topic deserves to be in the Pacers section, but I'm curious. The question is, how does someone's attitudes towards money changes when they become rich and super-rich? Not being rich myself, I know that I don't know how they think.
Consider the issue of a buyout of Jamaal Tinsley's contract. Jamaal is already a multi-millionaire. A lot of people are saying he would never consider a buyout for a reduced amount because he would want all the millions he is promised under his contract. I ask, why?
It seems just as likely to me that he would prefer to take the money and run. He obviously doesn't enjoy playing basketball very much. He has never been any kind of a Chris Mullin gym rat who just loves to be on the court shooting. And he doesn't seem to have any pride compelling him to prove that he is a competitor and a winner.
Why wouldn't Tinsley be happy to take $40 million or even $35 million and go play with it? Doesn't he see that, in order to get the full amount of his contract, he's got to go through the motions for 3 more years, attending team meetings and sitting behind the players in a suit during games and actually playing in 20-30 games a season? If he could take 2/3 or 3/4 of the amount of his contract, and go back to New York with it he could go to all the 3am titty bars he wants to. Why wouldn't he want to do that?
Now look at the issue from Herb Simon's point-of-view. He's well more than a billionaire. Even Tinsley's multi-millions are small change to him. I would guess that Simon is more used to discussing investments of hundreds of millions than tens of millions, and he makes decisions involving tens or hundreds of millions of dollars every week. Simon wants results, and he knows that decisions lead to results. He's already got plenty of personal wealth and a successful family business. What he wants out of the Pacers is respect in the community and a sense that he's used his wealth and his business acumen to help the community.
Simon has taken over as GM because he wants to accomplish the change. He wants to get the recent malaise behind and make the team popular and profitable again. He knows that current investment leads to future revenue streams. So why wouldn't Simon buy out Tinsley's contract, if no trades can be accomplished? The coach has already said Tinsley is not in the team's future. Tinsley's contract is not much to Simon's wealth, thought it is an apalling amount in the Pacers' bottom line.
Again, my question is less about the Pacers roster and salary cap than about the mentality of millionaires and billionaires. What do you think?