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.
Dec 17, 2014, 11:46 PM EST
He walked off under his own power but did not return.
Dec 17, 2014, 11:33 PM EST
Rockets, Kings and Knicks also reportedly inquiring about Celtics point guard
Dec 17, 2014, 10:25 PM EST
In related news, Hornets got a ton of public funding to upgrade arena
Dec 17, 2014, 9:30 PM EST
Rapper dubs Kyle Lowry ‘baby-faced assassin’
Dec 17, 2014, 8:35 PM EST
Trail Blazers guard would be a perfect fit in Cleveland
Dec 17, 2014, 7:39 PM EST
The offers are not going to be big, will Stan Van Gundy eventually give in and take one?
Dec 17, 2014, 6:18 PM EST
He is more likely to be moved than Rondo.
Dec 17, 2014, 5:31 PM EST
There are no good answers for the Bucks, or for other rookies to reward.
Dec 17, 2014, 5:06 PM EST
More serious talks doesn’t mean a deal is near.
Dec 17, 2014, 4:03 PM EST
The Kings roster is poorly suited right now for the style the owner wants to play.
Dec 17, 2014, 3:12 PM EST
Blazers fans will get to see more Chris Kaman.
Dec 17, 2014, 2:30 PM EST
Portland also reportedly tried to trade for Monroe before he signed the one-year qualifying offer to stay in Detroit.
Dec 17, 2014, 1:50 PM EST
Former Baylor University center was expected to be drafted, but was diagnosed with a disease that prematurely ended his chances of playing in the NBA.
Dec 17, 2014, 1:10 PM EST
Wade has a reputation of being a flopper, and appeared to exaggerate the contact from the official.
Dec 17, 2014, 12:30 PM EST
He pities ‘Melo because a real competitor is suffering through a lot of losing.
Dec 17, 2014, 11:50 AM EST
Love is suffering from the dreaded flu-like symptoms.
Warriors’ Andre Iguodala hilariously mocks referee for not calling a blatant travel, picks up technical foul (VIDEO)
Dec 17, 2014, 11:10 AM EST
Iggy does the Travel Dance.
Dec 17, 2014, 10:30 AM EST
Peja was a three-time All-Star, and a member of the only good team Sacramento has had in its franchise history.
Dec 17, 2014, 9:50 AM EST
Durant joins Paul George as players who renounce the nonsensical report that emerged earlier in the season.
Dec 17, 2014, 9:09 AM EST
Prior relationships Jackson has with Kings brass may make this an obvious choice for Sacramento as the team searches for its next head coach.
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