Joe Harris doesn’t care about losing money over China issue because he makes too much already
Brooklyn Nets shooting guard Joe Harris isn’t stressing over potentially losing money over the China issue.
Harris is looking at the big picture, saying he makes a lot of money to play a game and isn’t worried about players losing salary and endorsements deals as a result of a decline in revenue from China.
Nets' Joe Harris was asked if he's concerned about players losing salary/endorsements as a result of a decline in revenue from China. "To be honest, personally, I already get paid way too much to play a game. I’m not too worried about it," he said.
— Ian Begley (@IanBegley) October 16, 2019
Harris signed a two-year, $16 million deal with the Nets in the summer of 2018. He’ll make $7.7 million this season and enter unrestricted free agency next offseason.
For a guy who was waived by the Orlando Magic in 2016 after getting traded by the Cleveland Cavaliers, $16 million is a lot of money to Harris, who has established himself as one of the best shooters in the league and a key piece for the Nets.
NBA commissioner Adam Silver revealed the league has already had a substantial economic impact from Houston Rockets general manager Daryl Morey’s tweet. Morey voiced support on Twitter for pro-democracy protests in Hong Kong. As of February of 2018, NBA China was valued at more than $4 billion — or $133 million in value for each of the 30 teams, according to Mike Ozanian of Forbes.
Marc Stein of The New York Times reported the Rockets could lose $25 million this season due to sponsorship boycotts in China. This whole situation keeps escalating. At this point, Morey probably wishes he didn’t send that tweet.