Nov 1, 2013, 9:17 AM EST
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.
Jan 29, 2015, 8:00 AM EST
At this point there have been no charges or arrests.
Jan 29, 2015, 1:29 AM EST
The Sixers, Knicks and Timberwolves win on the same day? Isn’t that one of the signs of the apocalypse?
Jan 29, 2015, 12:01 AM EST
The good news is that Walker may return in as little as six weeks, which means Charlotte’s playoff chances should remain intact.
Jan 28, 2015, 11:15 PM EST
The Hall of Famer held the previous record with 33 points in a period, but did so before the three-point line was implemented.
Jan 28, 2015, 10:30 PM EST
This one’s not too bad.
Jan 28, 2015, 9:43 PM EST
Kyrie Irving should have had the NBA Jam announcer calling this game.
Jan 28, 2015, 8:50 PM EST
Barnes immediately played the victim card after receiving the fine, but the NBA (and the video) say otherwise.
Jan 28, 2015, 7:50 PM EST
“Softer but not illegal,” Jackson attempted to clarify.
Jan 28, 2015, 7:00 PM EST
Cleveland is just 1-8 without LeBron in the lineup this season.
Kobe Bryant expected to be ready for start of 2015-16 season after undergoing successful shoulder surgery
Jan 28, 2015, 6:37 PM EST
Bryant will miss the remainder of the current season, and is expected to be sidelined for nine months.
Jan 28, 2015, 6:13 PM EST
One may have to work a little harder to find the late night parties in Cleveland.
Jan 28, 2015, 5:30 PM EST
Larry Sanders’ suspension allows Milwaukee to add 16th player
Jan 28, 2015, 4:45 PM EST
He is likely bought out if the Celtics can’t find a trade partner.
Jan 28, 2015, 3:59 PM EST
He had a broken wrist.
Jan 28, 2015, 3:08 PM EST
Wiggins also joins three other Timberwolves
Jan 28, 2015, 2:30 PM EST
Jan 28, 2015, 1:55 PM EST
Teletovic being released from hospital today
Jan 28, 2015, 1:17 PM EST
Jackson said breaking rule gave New York an edge due to team’s style of play
Jan 28, 2015, 12:42 PM EST
Thunder remain heavy favorites
Jan 28, 2015, 12:05 PM EST
The Raptors are trying to be patient and tap into his potential.
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