The state of the economy being what it is, the last thing anyone wants to see is a pink slip.
Sadly, for many erstwhile and burgeoning millionaire ballers attempting to eke out a living like the rest of us, it's very much a reality.
Thanks for playing. Your services are no longer required. Buh bye.
Cuttino Mobley's been there. So has Jerome James, Coby Karl and Rasheed Wallace. Though in Wallace's case, as he strolls off into retirement, I hardly think he minds.
Every year around this time dozens of players play their tails off hoping for a guaranteed contract. This year Antoine (shimmy) Walker is vying for a spot alongside many others hoping to prove their “wares” are just what the doctor ordered.
Last week, Eric Dampier and his $13 million salary, were waived. When Dampier failed to meet the playing requirements in the final year of his 7 year, $73 million deal, the money was not guaranteed, and the Bobcats acquired the ultimate loophole.
Try as they might to move him, no trade scenarios that would improve the team materialized. So, rather than face the dreaded luxury tax, they did what any team's owner looking to save a buck or two would do, they dumped him.
Not that we need feel sorry for him. He's moving on to greener pastures and will surely be paid something if not $13 million. No less than the Houston Rockets, Miami Heat and the Minnesota Timberwolves have come calling. He's one of the lucky ones.
For others however, being waived could mean the last time they play in the NBA. But in the NBA, waiving players is business as usual. This is a chess move in the grand scheme of things that can mean the difference between saving or spending millions of dollars.
Pink Slips will be issued; and when that happens, none of these ballers should be surprised to find themselves on the outside looking in.