Dan Gilbert Spent $30 Million on Two Draft Picks

May 17th, 2011 by Colin McGowan

A little perspective from SI.com’s Michael Rosenborg:

In 2009, the Lakers sold the No. 29 overall pick for $3 million. Kobe Bryant, the highest-paid player in the league this year, made $24.8 million. LeBron James and Dwyane Wade combined make $28.5 million. The Sacramento Kings’ entire team only made $44 million. Yet Gilbert was willing to spend some-$30 million for two first-round picks. And that is before he actually paid the guys that the Cavs picked.

If the lottery balls bounce the wrong way, our only solace might be that our owner is incredibly willing to spend money.