Nov 1, 2013, 9:17 AM EDT
The minutiae of NBA player contracts can give plenty of casual fans headaches, but they’re mostly fascinating to those of us covering the league, as well as to a certain portion of the more hardcore fans that exist.
We have a feeling that this particular detail of Kobe Bryant‘s contract will appeal to ancillary fans and NBA geeks alike.
Bryant is slated to make north of $30 million this season as the league’s highest paid player, a well-deserved honor for being in the final year of a max deal while playing in his 18th NBA season. But players are able to negotiate when those payments are made to a certain extent, and Bryant and the Lakers agreed to a scenario where he’ll receive a very large payment in a lump sum on November 1.
Negotiated as part of his contract, Bryant receives a balloon payment Nov. 1. On Friday, the All-Star guard will receive $24,363,044 from the Lakers.
Bryant’s salary for the entire season is $30,453,805 — the remaining $6.1 million will be paid out over the course of the season.
While there’s a limit to how much a player can receive in advance, Bryant is right at that 80% maximum.
How and when Bryant gets paid is a semi-juicy detail of his deal with the Lakers, but far more interesting to fans of the team is when he’ll be healthy enough to return to the court after suffering the torn Achilles injury that prematurely ended his season back in April.
There’s still no timetable for Bryant’s return, though most estimates expect for him to be back sometime in December. If nothing else, he’ll have an additional $24 million to keep himself occupied until he’s physically ready to come back.
Mar 11, 2014, 9:36 PM EDT
Kobe Bryant has maintained all along while rehabilitating from injury that his goal was to make it back to the court this season, despite the Lakers being completely out of playoff contention. But now it appears that won’t be possible, despite Bryant’s best intentions. The recovery process has continued to be slower than expected, and…
Patrick Beverley goes at Russell Westbrook just as he did on the play that caused injury in 2013 playoffs (VIDEO)
Mar 11, 2014, 8:44 PM EDT
Patrick Beverley gives Russell Westbrook a not-so-subtle reminder of the play that caused Westbrook’s season-ending knee injury in the 2013 playoffs.
Mar 11, 2014, 8:13 PM EDT
George Karl says that Carmelo Anthony, whom he coached in Denver, isn’t a Phil Jackson type of player. Which means?
Mar 11, 2014, 7:10 PM EDT
You knew this was coming right after the incident Monday night — the Suns Tucker got a game for a forearm to Griffin’s head. As he should have.
Mar 11, 2014, 4:43 PM EDT
It’s been clear for a while that Kobe Bryant was done for the season. The Lakers would not say that publicly for the same reason the Bulls would not say Derrick Rose would not come back last playoffs when we all knew he wouldn’t. They don’t want to anger their star player, and if fans…
Mar 11, 2014, 3:44 PM EDT
If Andrea Bargnani is out the rest of the season, Knicks fans will be good with that.
Mar 11, 2014, 2:50 PM EDT
Why to the Boston Celtics need a St. Patrick’s Day uniform? Good question. But they have one now, with sleeves.
Mar 11, 2014, 1:56 PM EDT
The last time LeBron went back-to-back games without a trip to the free throw line he was a rookie.
Mar 11, 2014, 1:10 PM EDT
To be fair to the ball boy, nobody expects Tyler Hansbrough to make a steal on the perimeter then race out on the fast break by himself.
Mar 11, 2014, 12:25 PM EDT
Don’t use cotton swabs, kids.
Mar 11, 2014, 11:47 AM EDT
With backup center Ian Mahinmi out for the night, the Andrew Bynum era in Indiana will begin Tuesday against Boston.
Mar 11, 2014, 11:25 AM EDT
Conflicts with yesterday’s prominent report
Mar 11, 2014, 11:11 AM EDT
All the way to playoffs?
Mar 11, 2014, 10:43 AM EDT
Also compares his phone to bell bottoms, which might be pretty ironic, but I’m not a fasion expert.
Mar 11, 2014, 10:03 AM EDT
Yannick Noah would rather do more of the Dikembe Mutombo finger wag
Mar 11, 2014, 9:30 AM EDT
This seems like more than a coincidence.
Mar 11, 2014, 8:44 AM EDT
Griffin should have gone for the full tear, though.
Mar 11, 2014, 8:00 AM EDT
“There’s no better preparation than going straight to the NBA… I think the NBA is the best teacher.”
Mar 11, 2014, 3:20 AM EDT
Blake Griffin is good at basketball. Also: Kyle Korver can still shoot.
- Report: Lakers to officially declare Kobe Bryant out for the season 0
- Suns’ P.J. Tucker suspended one game for blow to head of Blake Griffin 8
- Vogel: Andrew Bynum to play for Indiana Pacers Tuesday night 14
- Report: Phil Jackson expected to finalize contract with Knicks by end of week 32
- The Extra Pass: Gerald Green doesn’t regret moment of his winding journey to NBA stardom 11