Skip to content

Kobe Bryant to receive more than $24 million from Lakers on Friday

Nov 1, 2013, 9:17 AM EDT

Los Angeles Clippers v Los Angeles Lakers Getty Images

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.

From Eric Pincus and Mike Bresnahan of the Los Angeles Times:

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.

Latest Posts
  1. Report: Kendall Marshall near deal with Sixers

    Sep 4, 2015, 7:30 PM EDT

    Milwaukee Bucks v Cleveland Cavaliers Getty Images

    He’s coming off an ACL surgery and misses the start of the season.

  2. Eric Bledsoe: Suns not content just sneaking into the playoffs

    Sep 4, 2015, 2:24 PM EDT

    Phoenix Suns v San Antonio Spurs Getty Images

    Given the strength of the Western Conference, they should be

  3. Report: NBA would continue to receive national TV money during work stoppage

    Sep 4, 2015, 1:25 PM EDT

    John Skipper, David Levy, Ted Leonsis, Adam Silver AP

    That’ll make owners more prone to locking out players

  4. Report: Rockets signing four free agents, including Chris Walker

    Sep 4, 2015, 12:23 PM EDT

    SEC Basketball Tournament - Second Round - Florida vs Alabama Getty Images

    Houston also reportedly adding Denzel Livingston, Remi Yusuf, Will Cummings

  5. JaVale McGee says he’s close to healthy, will be ready for season

    Sep 4, 2015, 8:00 AM EDT

    JaVale McGee AP

    If he’s healthy and the vintage, athletic McGee Dallas could use him.

  6. John Wall got a $20,000 portrait of himself for his birthday (PHOTO)

    Sep 3, 2015, 11:15 PM EDT

    John Wall John Wall

    The street artist Madsteez painted the commissioned piece.

Top 10 NBA Player Searches
  1. D. Rose (2380)
  2. K. Irving (1928)
  3. A. Davis (1752)
  4. L. James (1605)
  5. K. Durant (1572)
  1. K. Bryant (1554)
  2. R. Rubio (1391)
  3. T. Thompson (1346)
  4. A. Aminu (1318)
  5. M. Leonard (1280)