FanPost

U19 FIBA Players now Greek Citizens!


Well, the Greek PM is definitely thinking out of the box.

Greece has declared Eminent Domain and nationalized all of the U19 FIBA participants making them to be Greek citizens by decree. As such, any earnings they produce in the future will be subject to rather stiff Greek income tax levies.

The latest rumors has the most talented players in the tournament being forced to immediately negotiate free agent contracts with the NBA.

When asked about this latest move by Greece, Christine Legarde, head of the International Monetary Fund, to whom Greece stiffed this evening to the tune of 1.5B Euros, asked, "what is basketball"?

With an economy about the size of Louisiana, a few NBA signing bonuses alone would bring all Greek debt up to date. Who says sport isn't good for the economy?

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