Monday, March 2, 2009

Stephon Marbury And The Economy

New York Mag's Hugo Lindgren compares Stephon Marbury to a bank's trouble asset:

"But like most toxic assets on bank balance sheets today, Marbury was not completely worthless. He was just worth a lot less than his assigned value (a.k.a. contract). Other teams would take him, just like somebody will eventually move into those lonely desert homes, but only at a steep discount. The question, as it is with everything these days, was how steep."

Marbury's contract: $21 million per year
2008-09 season stats: 25 min, 8 points

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