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Bryant To Receive $24M From Lakers

Posted By Sports Talk Florida On November 1, 2013 @ 9:30 AM In NBA | No Comments

Source: Brett Pollakoff, NBC Sports Pro Basketball Talk [1]

Kobe_Bryant_2013 [2]Kobe 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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URLs in this post:

[1] Brett Pollakoff, NBC Sports Pro Basketball Talk: http://probasketballtalk.nbcsports.com/2013/11/01/kobe-bryant-to-receive-more-than-24-million-from-lakers-on-friday/

[2] Image: http://www.sportstalkflorida.com/wp-content/uploads/2013/09/Kobe_Bryant_2013.jpg

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