LeBron James – according to legend, though never corroborated and sometimes outright refuted – had a clause in his shoe contract that paid him more if he joined a large-market team like the Knicks or Lakers.
Nets guard Spencer Dinwiddie took that type of thinking, added a lighthearted Twitter conversation and launched a wild plan.
Dinwiddie:
Naa, 1,000 btc tho. I’m rollin https://t.co/S6fgS9kWdW
— Spencer Dinwiddie (@SDinwiddie_25) May 14, 2020
I’ll double down. Y’all crowdfund 2625.8 btc I’ll sign a minimum contract for my next deal with the team that y’all vote for 🤣
— Spencer Dinwiddie (@SDinwiddie_25) May 14, 2020
I’ll give y’all a month to make it happen lol https://t.co/pV8vGyW0s8
Shams Charania of The Athletic:
Nets guard Spencer Dinwiddie (@SDinwiddie_25) says he will sign a one-year deal with the NBA team fans decide if they reach Bitcoin target of roughly $24,632,630 on a GoFundMe. Dinwiddie’s statement: pic.twitter.com/oebwkoFBEO
— Shams Charania (@ShamsCharania) May 16, 2020
Dinwiddie explains a major issue with this plan while announcing it: What if NBA teams participate? That’d be clear salary-cap circumvention on their part.
Is Dinwiddie responsible for that just because he set up the fundraiser? Maybe, maybe not.
Dinwiddie likes to push the limit on what the NBA allows contractually.
Another complication: Dinwiddie can’t become a free agent until 2021, and that’d require declining a $12,302,496 player option. But he never put a timeline on his plan.
Dinwiddie even set up a GoFundMe:
That explanation gives the game away.
The odds of Dinwiddie raising that much money are too small to fret over. This is a charity drive disguised as self-promotion.
