NBA Lottery and Investing in the Future

Last night, I was running around my house screaming, trying not to wake up my children. This scene has been replayed 3 years in a row.

The Lakers landed the 2nd pick in the draft for the 3rd straight year. We had a chance of losing the pick if it landed outside the top 3 (Google it if you care to learn more).

My wife: “So the Lakers got the guy you wanted?”

Me: “No, but they can…if they want to.”

My wife: “Interesting…..”

The NBA Draft Lottery is an exciting time for basketball fans and kind of strange for everyone else.

Who I really want to focus on is the Boston Celtics, who got the #1 pick in the draft. Yes, those Celtics who are currently playing in the Eastern Conference Finals. Usually, the teams with the worst record get the best chance to get the top picks, but not this year.

The Boston Celtics and the Brooklyn Nets made a trade back in 2013, where Boston would send aging superstars Paul Pierce and Kevin Garnett to Brooklyn for a few role players and 3 future draft picks. One part of the trade is that Boston would swap picks with the Nets for the 2017 NBA Draft. Well, the Celtics finished with the best record in the Eastern Conference and the Nets finished with the worst. Last night, Boston swapped picks with the Nets and received the #1 pick in next month’s draft.

Brooklyn tried to throw the future aside, trying to win immediately back in 2013. It didn’t work out. The Nets went from the 4th best record in the Eastern Conference to 6th, 8th, 14th, and dead last this year. Even though the Celtics traded away some of its best players at the time, their record went in the opposite direction. They were thinking about the future. They knew that their time to win was not in 2013, but made immediate decisions that would benefit them several years down the road.

Are you just living in the “now”? Are you making decisions that are just for today or are you thinking about the future?

Every day you are making decisions that will either hurt or benefit you for years to come. The food you eat, the hard work you put in, and the investment you make in your personal relationships are just a few things that will have either a positive or negative impact for a long time.

There’s an old Chinese Proverb that goes “The best time to plant a tree is 20 years ago. The second best time is today.”

What is one thing you can do today that will have a positive impact on either yourself or those around you 20 years from now?

Yes, there are great opportunities that will benefit you today, but invest in the things that are long lasting.

One last crazy thing….the Celtics can swap with the Nets again next year and this can all happen again.

 


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