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. Al Jefferson vows to improve defense this season

    Oct 2, 2014, 8:30 AM EDT

    After 10 years in the league, how much change do we really expect?

  2. 67RIEFNS No. 7: Warriors’ starting lineup

    Oct 2, 2014, 12:25 AM EDT

    Stephen Curry Stephen Curry

    Stephen Curry, Klay Thompson, Andre Iguodala, David Lee and Andrew Bogut dominated last season and return for more

  3. Does Serge Ibaka know who Mitch McGary is?

    Oct 1, 2014, 9:25 PM EDT

    2014 Oklahoma City Thunder Media Day 2014 Oklahoma City Thunder Media Day

    Thunder forward says he doesn’t (unless he’s joking like Kevin Martin)

  4. D-League considers rule change: Players attempt one free throw on all trips to line

    Oct 1, 2014, 8:30 PM EDT

    Dwight Howard Dwight Howard

    Get fouled on a missed 2-pointer – one free throw worth two points
    Get fouled on a missed 3-pointer – one free throw worth three points

  5. Injury updates: Lakers Ryan Kelly, Jazz’s Carrick Felix both out for a while

    Oct 1, 2014, 6:40 PM EDT

    Los Angeles Lakers Media Day Getty Images

    Two young players trying to prove to new coaches they deserved minutes. This is a real setback for both.

  6. LeBron co-producing children’s show about beginnings of himself, other top athletes

    Oct 1, 2014, 5:50 PM EDT

    LeBron James LeBron James

    The show is on Disney XD. I suppose there are worse things your child could watch.

  7. Phil Jackson compared J.R. Smith to Dennis Rodman. Smith likes that.

    Oct 1, 2014, 3:40 PM EDT

    J.R. Smith AP

    Thing is, Rodman fit the triangle and what Jackson wants to do with a team. Smith…. not so much.

  8. Greg Monroe calls offseason rumors surrounding him ‘lies’

    Oct 1, 2014, 3:01 PM EDT

    Greg Monroe Greg Monroe

    Monroe had a busy offseason in terms of appearances in the NBA’s news cycle.

  9. Rajon Rondo doesn’t rule out opening night return for Celtics

    Oct 1, 2014, 1:41 PM EDT

    Oklahoma City Thunder v Boston Celtics Getty Images

    Broken hand is supposed to sideline Rondo for 6-8 weeks.

  10. K.J. McDaniels takes unique approach to rookie contract with Sixers

    Oct 1, 2014, 12:21 PM EDT

    2014 NBA Rookie Photo Shoot Getty Images

    Second round pick foregoing additional guaranteed dollars in order to bet on himself.

  11. Klay Thompson refutes report he was ‘pissed’ about being included in trade talks for Kevin Love

    Oct 1, 2014, 11:39 AM EDT

    Klay Thompson Klay Thompson

    Reminder not to believe everything you read, especially if it’s attributed to ‘a source.’

Featured video

What players stood out at World Cup?
Top 10 NBA Player Searches
  1. L. James (3849)
  2. K. Bryant (3576)
  3. R. Rondo (3322)
  4. R. Allen (2462)
  5. D. Wade (2385)
  1. D. Williams (2318)
  2. N. Noel (2101)
  3. K. Leonard (2009)
  4. D. Rose (1952)
  5. M. Smart (1950)