Aug 16, 2014, 8:00 AM EDT
Most NBA players get paid like you and I do — on the 1st and 15th of the month money is automatically put into their account via direct deposit. Their paychecks are just a tad bigger than ours.
Carmelo Anthony is getting more of his cash up front.
Half of his salary each season will be a cash payment up front, reports the Wall Street Journal. Anthony will make just shy of $22.5 million next season, he will get $11.25 million of that up front. Not a bad haul.
(There was an earlier report that he was going to get half of his entire five-year, $124 million contract up front, a whopping $62 million — that’s not happening. Under the CBA a player can negotiate to get half of a season’s salary up front, but not the entire contract.)
Anthony isn’t the only Knick to do this, J.R. Smith gets half his salary each season up. One of them is probably spending/saving that more wisely than the other, I’ll let you take a stab at guessing that one.
The NBA players union suggested that players getting new deals arrange it so their contracts are paid out on a twice-monthly deal but for 36 months — to prepare for the potential of a 2017 lockout. That’s a bit frightening, to think abut.
Mar 30, 2015, 12:49 PM EDT
Jordan made preseason debut at Washington High School, but at one point, it seemed Washington High alum Junior Bridgeman would be the big draw
Mar 30, 2015, 12:11 PM EDT
D.J. Augustin throws the alley-oop, and two Thunder players go for it. Westbrook won.
Mar 30, 2015, 11:33 AM EDT
Good decision to go pro, poor decision to end video how he did
Mar 30, 2015, 10:58 AM EDT
Nothing raises a team’s spirits like playing New York
Mar 30, 2015, 10:22 AM EDT
Jonas Jerebko thought his pump fake worked, but…
Mar 30, 2015, 9:45 AM EDT
Hunter hit biggest shot of NCAA tournament, backed it up with strong junior season
Mar 30, 2015, 9:08 AM EDT
Mullin has played prominent role in Vivek Ranadivé’s organization
Mar 30, 2015, 8:30 AM EDT
The first and eight seeds are fairly set, after that the West is a jumbled mess.
Mar 30, 2015, 8:00 AM EDT
The race for the eighth seed could go down to the final night.
Mar 30, 2015, 1:39 AM EDT
The Rockets are now the two seed in the West.
Mar 30, 2015, 12:01 AM EDT
Hennigan has done a solid job with the rebuild in his first three seasons.
Mar 29, 2015, 10:30 PM EDT
The Clippers beat the Celtics and had the best highlight of the game.
Mar 29, 2015, 9:01 PM EDT
All our thoughts are with him.
Mar 29, 2015, 8:00 PM EDT
Monty Williams is not amused.
Mar 29, 2015, 6:30 PM EDT
The Rockets won 99-91 in Washington.
Mar 29, 2015, 5:00 PM EDT
You needed this in your life.
Mar 29, 2015, 3:30 PM EDT
Obviously, the Spurs will match any offer he gets.
Mar 29, 2015, 2:00 PM EDT
This likely means the end of the Nate Robinson era.
Mar 29, 2015, 12:30 PM EDT
Most expect another lockout following the 2016-17 season.
Mar 29, 2015, 11:00 AM EDT
Great execution by the Blazers.
- Breaking down Western Conference playoff chase with two weeks left in season 4
- Breaking down Eastern Conference playoff chase with two weeks left in season 5
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- NBA players’ union head believes new labor deal can be reached without a work stoppage 11
- Kendrick Perkins says you’re blowing the LeBron James/Kevin Love thing way out of proportion 23
- Mark Cuban rips officials, NBA: ‘It’s criminal’ how Monta Ellis doesn’t get calls 25
- Shaquille O’Neal says he regrets leaving Magic for Lakers 43