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.
Apr 17, 2014, 5:57 PM EDT
Both are likely first round picks in the teens or early 20s.
The Al Jefferson Effect: Now that the Bobcats are playoff-bound, how they want their big man to help next
Apr 17, 2014, 4:53 PM EDT
What affect will Jefferson have on the development of Kemba Walker, Bismack Biyombo, Michael Kidd-Gilchrist and Cody Zeller?
Apr 17, 2014, 4:50 PM EDT
Raptors fans are pumped for the playoffs.
Apr 17, 2014, 4:00 PM EDT
Can you blame them?
Apr 17, 2014, 3:59 PM EDT
Ballots show a tight race
Apr 17, 2014, 3:15 PM EDT
It really comes down to this: Does he trust Phil Jackson and Knicks management to build a winner quickly?
Apr 17, 2014, 2:40 PM EDT
You put your money where your heart is, and your heart clearly follows LeBron James and the Heat.
Apr 17, 2014, 2:11 PM EDT
Bucks didn’t win back-to-back games all season
Kobe tells Lakers’ fans to “flush” last season, has been cleared to run, shoot, prepare for next season
Apr 17, 2014, 1:33 PM EDT
Kobe may be in France but he still had time to tweet Lakers fans and tell them things will be better next season.
Apr 17, 2014, 12:55 PM EDT
He is as high on some boards as No. 1, but likely goes No. 3. However no freshman near the top of this board will have a bigger immediate impact in the NBA — his offensive game is NBA ready.
Apr 17, 2014, 12:10 PM EDT
This both has been expected and is mutual, according to the buzz around the league.
Apr 17, 2014, 11:20 AM EDT
Hill previously reported to be a candidate for a job
Apr 17, 2014, 10:44 AM EDT
Pistons forward: ‘I’ve censored myself’
Apr 17, 2014, 10:11 AM EDT
Get ready for an intense playoff series
Apr 17, 2014, 9:40 AM EDT
Irving talks as if he wants to stay in Cleveland
Apr 17, 2014, 8:44 AM EDT
Clear out your calendar.
Apr 17, 2014, 8:00 AM EDT
Tight 1-2 race
Apr 17, 2014, 2:10 AM EDT
On the season Kevin Durant averaged 32 points, seven rebounds and five assists a game. Not too shabby.
Apr 17, 2014, 12:07 AM EDT
Apr 16, 2014, 11:31 PM EDT
Kevin Durant was simply unstoppable with the game on the line against the Pistons.
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- Carmelo Anthony: “I want to come back…I also want to win.” 29
- Kobe tells Lakers’ fans to “flush” last season, has been cleared to run, shoot, prepare for next season 37
- Duke’s Jabari Parker says he will enter NBA Draft 32