Aug 16, 2014, 8:00 AM EST
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 3, 2015, 9:50 AM EST
Warriors had plenty of fans show up in Brooklyn.
Mar 3, 2015, 9:10 AM EST
Suns-Heat was all kinds of physical.
Mar 3, 2015, 8:30 AM EST
That had 10 times the punches of an NBA “fight.”
Mar 3, 2015, 8:00 AM EST
Ricky Rubio got the triple-double, CP3 will take the win.
Mar 3, 2015, 2:55 AM EST
Goran Dragic would have sat out with back pain against anyone else, but he dropped 21 on the Suns.
Mar 3, 2015, 1:14 AM EST
Zach LaVine can get up. But you already knew that.
Mar 3, 2015, 12:01 AM EST
The Warriors fell to 46-12.
Mar 2, 2015, 11:15 PM EST
Griffin has missed the Clippers’ last 10 games.
Mar 2, 2015, 10:30 PM EST
Whiteside grabbed Len by the legs.
Mar 2, 2015, 9:45 PM EST
Hamilton had no chance.
Mar 2, 2015, 9:00 PM EST
Yes, you read that right.
Mar 2, 2015, 8:15 PM EST
Teletovic is also out for the season.
Mar 2, 2015, 7:30 PM EST
We’ll see about that.
Mar 2, 2015, 6:44 PM EST
He will sit out Tuesday vs. Atlanta.
Mar 2, 2015, 6:15 PM EST
Nine total shoes, three colorways each.
Mar 2, 2015, 5:30 PM EST
Has his extra run and touches since Josh Smith was released changing the dynamic in Detroit?
Mar 2, 2015, 4:30 PM EST
Nobody is talking about Dwight Howard as long as the Rockets are winning.
Mar 2, 2015, 3:45 PM EST
The Knicks got some wins and move out of the cellar.
Mar 2, 2015, 3:08 PM EST
Wizards forward has twice been suspended following altercations with Chicago
Mar 2, 2015, 2:28 PM EST
Lakers guard says he can take a joke – just not this one
- Five Things We Learned in NBA Monday: Goran Dragic got his revenge in concentrated form 3
- League suspends James Harden one game for kick to LeBron James’ groin 22
- PBT’s weekly NBA Power Rankings: Hawks seem to be out of malaise. Maybe. 8
- Report: Jimmy Butler could miss three to four weeks with elbow injury 6
- Five Things We Learned in NBA Sunday: James Harden, LeBron James want your MVP vote 11
- Report: Sixers agree to buyout with JaVale McGee; he can sign with contender 36
- Bulls’ Jimmy Butler leaves with elbow injury, does not return (VIDEO) 0
- Adam Silver says data may prove Gregg Popovich right in terms of resting multiple players 18