Jul 29, 2014, 11:11 AM EDT
Turns out, contrary to a previous report, Irving didn’t actually get the full 30 percent.
Irving will receive just 27.5 percent of an adjusted NBA salary cap if he triggers the Derrick Rose rule by winning MVP or getting voted an All-Star starter next season, according to Mark Deeks of ShamSports.com.
The actual amount of money at stake won’t be known until the 2015-16 salary cap is set next year, once Irving playing out the final season of his rookie-scale contract. But using the NBA’s projected salary cap of $66.3 million, we can estimate the figures.
- The burgundy line represents what Irving would make if he doesn’t win MVP or get voted an All-Star starter next season.
- The gold line represents what he would make if he wins MVP or gets voted an All-Star starter next season
- The black line represents what Irving would have made if he won MVP or got voted an All-Star starter next season – and had signed for the full max.
If Irving neither wins MVP or gets voted an All-Starter, his contract extension will be worth the max possible amount (about $89 million). If he achieves either of those honors, he’d gain about $9 million. However, he could have gained more than $16 million.
By leaving that potential $7 million on the table, Irving set himself up to become a free agent sooner, 2019 rather than 2020. In about five years – or one if Irving reaches neither applicable Rose-rule condition – we’ll know whether that paid off for him.
- Report: Jeff Van Gundy candidate for Pelicans’ coaching job 0
- Cavs’ improved defense deserves credit for commanding 2-0 Eastern Conference Finals lead 13
- No Kyrie Irving, no problem: Cavaliers cruise to blowout Game 2 win over Hawks 16
- Kyrie Irving out for Game 2 vs. Hawks 6
- PBT Extra: Klay Thompson’s done well, but Warriors should throw other defenders at James Harden, too 5
- PBT Extra: Give Warriors defense some credit for stop of Harden on last play 0
- Lakers general manager says Kobe Bryant told him next season will be Kobe’s last with Lakers 17
- For two games James Harden has been brilliant, but that’s not what anybody is talking about 25