Bryant To Receive $24M From Lakers

Source: Brett Pollakoff, NBC Sports Pro Basketball Talk

Kobe_Bryant_2013Kobe 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.

Bryant To Receive $24M From Lakers by

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