Anderson Verejao: Looking into Contract Incentives

Posted: 10th December 2009 by RealSportsTalk in NBA
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I know that you and I had the same exact thought when the Cavaliers offered hustle player Anderson Verejao a six-year, $50 million dollar contract: "WTF are you doing Danny Ferry? Are you drunk?". Rightfully so. On the surface, that contract appears to pay Verejao an average of $8.3 million a year for six whole years. A bit much? Further investigation shows us that these "incentives" exist in his contract, but what does that matter, the guy signed for $50 million!

Well, it actually does matter Anderson, because these incentives will likely turn that $50 million into a much lesser sum. Figured I would just let you all in on the big secret of "contract incentives".

Did you know that these players would have earned: $1.5 million dollar bonus for Luke Ridnour if he won Defe ...

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