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.
May 6, 2015, 9:44 PM EDT
James scored 33 points to send the Cavs back to Chicago tied 1-1.
May 6, 2015, 8:59 PM EDT
I still think he stays at least one more year.
May 6, 2015, 8:16 PM EDT
Doc Rivers unsure whether Clippers point guard will be ready for Game 3
May 6, 2015, 7:43 PM EDT
Good choice by voters
May 6, 2015, 7:00 PM EDT
Does he no longer want to look like his teammates?
May 6, 2015, 6:15 PM EDT
Ernie Johnson is the best.
May 6, 2015, 5:30 PM EDT
Golden State was 7-of-23 on uncontested looks.
May 6, 2015, 4:48 PM EDT
Will Dumars be the one deciding the future path of the Pelicans? Should he be?
May 6, 2015, 3:59 PM EDT
He also went through a high-tech training program this summer. And re-worked his jump shot.
May 6, 2015, 3:15 PM EDT
This gets LeBron back to playing the three, where he’s been most dangerous all season.
Dirk Nowitzki explains Mavericks not giving Rajon Rondo a playoff share, says ‘I think that got blown out of proportion’
May 6, 2015, 2:30 PM EDT
Rondo was a disaster with the Mavericks, and the team seemed to give him one last kick on his way out.
May 6, 2015, 1:45 PM EDT
Both are unrestricted free agents, and retirement remains a real possibility for each.
May 6, 2015, 1:07 PM EDT
You can ask “what should David Blatt do?” but it’s not like he’s hiding some great player on the bench, the guys there need to step up.
May 6, 2015, 12:30 PM EDT
Clippers won Game 1 on the road with Paul out of the lineup.
Thunder GM refutes report he didn’t consult Kevin Durant, Russell Westbrook before hiring Billy Donovan as coach
May 6, 2015, 11:50 AM EDT
Discussing the move with Durant and Westbrook was the team’s only option.
May 6, 2015, 11:10 AM EDT
Pierce also had some words for the fans.
Draymond Green after Warriors’ loss: ‘Now the whole world has collapsed, the Bay Area’s just been hit by an earthquake’
May 6, 2015, 10:30 AM EDT
Green mocks the level of panic some may perceive exists after the Warriors lose at home for just the third time all season.
May 6, 2015, 9:50 AM EDT
Allen has totaled seven steals in the first two games of the series.
May 6, 2015, 9:10 AM EDT
Nice moment for Curry and the Golden State fans.
May 6, 2015, 8:30 AM EDT
This is all about another revenue source for the league.
- LeBron’s big night helps Cavs recover to tie series with Bulls 0
- Chris Paul out Game 2 against Rockets 0
- Report: Bulls’ Jimmy Butler wins Most Improved Player 5
- PBT Extra: Mike Conley changes series, but Warriors will start to hit shots again 4
- Last summer Blake Griffin talked to Tim Duncan about leadership 7
- PBT Extra: Will anyone step up and be third scorer for Cavaliers in Game 2? 18
- Doc Rivers on whether Chris Paul plays in Game 2 vs. Rockets: ‘Right now, I just don’t think so’ 4
- Tony ‘First Team All-Defense’ Allen and Mike ‘Masked Assassin’ Conley lead Grizzlies to Game 2 win over Warriors 18