Truth & Rumors > NBA
Why Childress left Hawks for Greece
Sorting through the difference between Euros and dollars was crucial for Josh Childress and his representatives as they weighed an offer from a Greek team (Olympiakos) paying with Euros and an NBA team (Hawks) paying with dollars. Either way you slice it Olympiakos was offering more, including an annual salary nearly twice the value of the Hawks' offer annually: club becomes a net of salary of about $6.7 million a year for Childress. The Hawks offered five years and $33 million, which after taxes paid by Childress becomes a net salary of about $3.4 million per year for Childress. In addition to the double-stuffed salary Olympiakos also pays for all of Childress' living expenses, including luxury accommodations, a car and driver and maid service. Childress also has an annual opt-out clause in the contract that will allow him to weigh his NBA options, as a restricted free agent provided the Hawks tender a qualifying offer to him, every summer.
Josh Childress, Chris Graythen/Getty Images
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Comments (57) Add A Comment
Ya, no new news here.....
MustyRusty
Total Comments (18)
The only question is WHY this got three consecutive days of stories.
Yes. $$$. We get it.
YODA
Total Comments (17136)
It's called money, numbnutz. We get it loud and clear.
Tell it like it is
Total Comments (2557)
I wouldn't want to play in Atlanta, especially if some European team offered me double.
bertchboy7
New York , NY
Total Comments (338)
Money,cash,ca-ching.Hope your happy in Greece Josh,because here the Hawks were finally starting to enjoy some success.He'll be back in a year.
(Cincy)
Jamestown, OH
Total Comments (11021)
its called money and atlanta sucks and Europeans chicks are hot,
Legacyy84
Total Comments (616)
The dollar value is sucking so bad, people are leaving the NBA to Europe for double their salaries.
Se7en Nation Army
Dead Moines, IA
Total Comments (11928)
Dollars....Euro's......whatever....either way he is rich!
jayhawkfan11
Jayhawkville, KS
Total Comments (313)
This is a waste of T&R seriously...Wake me up when we actually give a s***..*snoozes*
Sportsfandiva..
Total Comments (330)
Dollars....Euro's......whatever....either way he is rich!
jayhawkfan11 | 07/24/08, 09:38 AM
Hey, they can take me to Gitmo for that kind of money.
Se7en Nation Army
Dead Moines, IA
Total Comments (11928)
The first time Josh drops the soap in Greece he'll be state side in a New York minute.
notbychoice
Total Comments (645)
Show me the money.. kinda like the gal who took the position for Russia in the games because she was mad about past teams she was not on and she was offered millions to play against her nation; America.
All about money..
drj0514
Total Comments (4375)
kiz assh, mulah, money money money...
Its all about the benjamins baby
Joe Dew
Idaho Falls , ID
Total Comments (7017)
Sweet deal - and with the US economy not getting better, his Euros will be worth even more with time.
THUG is on Vacation
Total Comments (3402)
Joe
How big was the bouncing baby boy????
djroxalot: RIP…
The Wood, Cali, CA
Total Comments (17848)
How much longer before Euro teams start throwing money out at the more lucrative NBA stars?
Homey D
Total Comments (15928)
This was a no brainer...
trebortsew
Decatur, GA
Total Comments (344)
At the current exchange rate, Childress will make $31 million US dollars. That's a bigger difference than the thread indicates. TAX FREE! With a car, a driver, and living expenses, he may never come home again.
Hllywd: Old…
Columbus , OH
Total Comments (6899)
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