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beastmaster Sixth Man
Joined: 03 Aug 2005 Posts: 77
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Posted: Wed Jul 12, 2006 8:39 am Post subject: how do nba players get paid? |
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does anyone know how nba players receive their millions of dollars per year? do they get paid in monthly installments? bi-weekly installments? I'm just curious how they get their $$$. _________________ "You have to remember something: Everybody pities the weak; jealousy you have to earn." |
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chef Star Player
Joined: 04 Feb 2003 Posts: 5360 Location: Honda full of Silver
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Posted: Wed Jul 12, 2006 8:44 am Post subject: |
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I think they get a lump sum + 10 installments per year. Something like that. |
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Socks Franchise Player
Joined: 01 Feb 2006 Posts: 10761 Location: Bay Area, CA
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Posted: Wed Jul 12, 2006 10:07 am Post subject: |
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I think it depends on the structure. Bonuses get paid in a lump sum. So if you get a $1M signing bonus for instance, I think you just get that up front.
The annual salary most likely gets paid in installments - so monthly or bi-weekly or whatever. Of course, I'm purely guessing. |
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orwell Star Player
Joined: 28 Apr 2001 Posts: 8203 Location: 90210
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Posted: Wed Jul 12, 2006 2:04 pm Post subject: |
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Hopefully via direct deposit. _________________ A proud member of LakersGround.net for over 10 years [since April 28, 2001] |
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SenorJefe Star Player
Joined: 21 Mar 2004 Posts: 1865 Location: Carlsbad, CA
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Posted: Wed Jul 12, 2006 5:13 pm Post subject: |
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small bills _________________ Free advertising in Jefe's signature. Inquire within. |
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Polish_Bastard Starting Rotation
Joined: 20 Jun 2006 Posts: 106 Location: India baby!
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Posted: Thu Jul 13, 2006 1:07 am Post subject: |
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I think the normal procedure are biweekly instalments. But it depends, deals can be frontloaded with a lot of money paid upfront and then prorated for the remaining years of the deal. That's what teams trying to sign away restricted free agents do. _________________ Win now - win what? |
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thegreatest Star Player
Joined: 02 Sep 2002 Posts: 9911
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Posted: Thu Jul 13, 2006 7:29 am Post subject: |
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it depends on the contract.
i know some get like 80% (something like that) of their annual contract, at the start of the season.
i am pretty sure the player can decide how they want it. ( start of season, monthly, weekly)
player still get paid if they are cut, so it doesn't matter. |
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PNWlakers Starting Rotation
Joined: 03 Jun 2005 Posts: 802 Location: PDX
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Posted: Thu Jul 13, 2006 10:58 am Post subject: |
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SenorJefe wrote: | small bills |
and unmarked...
and on a side not..my name is eljefe on every board/forum i am apart of execpt this one.... |
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KingKobe20 Franchise Player
Joined: 14 Jul 2006 Posts: 18738 Location: L.A County, 26 miles away from Staples Center
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Posted: Sat Jul 15, 2006 9:58 am Post subject: |
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I'm guessin' direct deposit. |
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Kobe8LG Star Player
Joined: 02 May 2002 Posts: 1716 Location: LakerTown
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Jesseca328 Star Player
Joined: 28 Sep 2004 Posts: 2488 Location: So Cal
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Posted: Sat Jul 15, 2006 11:36 pm Post subject: |
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Like Ray Charles all in $1 BillsSS!!! _________________ PDTP: where legends are made
ALPHA ~ LakerSanity ~ 24 ~ Exick ~ ElginBaylor ~ TheBigRuski ~ re4ee ~ JerryMagicKobe ~ mbloves L.A. ~ unggoy ~ encina1~ Jesseca328 ~ phayze one ~ Flo'z |
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vandido626 Star Player
Joined: 17 Jun 2005 Posts: 1405
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Posted: Sat Jul 15, 2006 11:41 pm Post subject: |
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They get paid in cars in bling _________________ "Scoring the ball is pretty much like breathing to me." - Kobe Bryant |
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LaLakers999 Star Player
Joined: 10 May 2006 Posts: 1103
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Posted: Sun Jul 16, 2006 5:40 pm Post subject: |
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under the table |
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ramy002 Sixth Man
Joined: 10 Jan 2006 Posts: 51
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Posted: Mon Jul 17, 2006 9:23 pm Post subject: |
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Does anybody know what the per diem allowance is these days? I remember reading in Magic Johnson's autobiography they received about $40 a day back then. |
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ShadyG Star Player
Joined: 10 Nov 2002 Posts: 3100 Location: Philadelphia, PA
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10scott10 Star Player
Joined: 17 May 2006 Posts: 7428 Location: Making the games you play
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Posted: Tue Jul 18, 2006 6:13 pm Post subject: |
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non-secuntial $100 bills. in a suitcase. that has a handcuff on the handle. |
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