Monday, July 21, 2008

A surprising beneficiary of the weak US dollar

NBA players are starting to go (or go back) to European pro leagues. Well it's not too surprising really as it's just another example of how the weaker dollar spurs US exports. Some of the players in question are Europeans. Carlos Delfino and Juan Carlos Navarro have left to go back to a Euro team and the Spurs' first round draft pick (the improbably and wondrously named) Tiago Splitter decided to stay in Europe and refused to sign with the Spurs. But the most significant development is that Josh Childress is allegedly on the point of signing a pretty nice contract with a Greek team. Childress is a restricted free agent with the Hawks, but can sign with a foreign team without restrictions. This would be a juicy coup for European professional ball.