Sorry guys, Carmelo Anthony did not get $62 million in advance
August 16th, 2014

(originally posted elsewhere)

For the most part, NBA players are paid on the first and fifteenth of every month, with a standard of 24 paydays per calendar year. Players earning more than the minimum can agree to 12 payments over six months or 36 payments over eighteen months, yet the norm is the norm.

There is room for some further deviation from these standards. Players can receive both advances on their salary, and receive loans from their teams.

There is not, however, room for the amount of deviation that is currently being reported in the case of Carmelo Anthony.

It is being reported in several places around the web, most notably (and I believe initially) the Wall Street Journal, that Melo received 50% of his new $124,064,681 contract in one up front payment.…

Posted by at 1:22 AM

Jusuf Nurkic revisited
August 7th, 2014

This post from yesterday talks about how Nuggets draftee Jusuf Nurkic was set to receive less than 120% of the rookie scale, the customary amount. And in doing so, it was mentioned that he would be the highest first-round pick to ever do so.

Not quite. It turns out this is a misreporting on my part. Nurkic will receive less than the salary of the 120% rookie scale amount, but he will count on the cap for the 120% amount. Nurkic’s buyout with Cedevita was for larger than the amount NBA teams can pay cap-exempt ($600,000 this season), and while teams are eligible to pay more than that amount in an international player’s buyout, they must do so by putting any amount greater than that paid into the cap hit in the form of a signing bonus.…

Posted by at 12:26 AM

Without looking, guess which first-round draft pick didn’t get the full 120% of the rookie scale this year
August 4th, 2014

Answer after the jump.

(this is the jump)

The answer is Jusuf Nurkic of the Denver Nuggets. His contract calls for 108% of the scale in year one ($1,562,680), 107% in year two ($1,642,000), and then 120% in years three and four ($1,921,320 and $2,947,300 respecitvely). That adds him to an exclusive and small club of non-120%ers, including Raul Lopez, George Hill, Ian Mahinmi, James Anderson, Sergio Rodriguez, MarShon Brooks, and probably some others. It is believed that Nurkic, a #16 pick, is the highest drafted player to ever not receive the full amount.

Posted by at 6:48 PM