NBA: Looking Into Contract Incentives

Posted: 9th November 2009 by Beyond the Arc Basketball in NBA
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I know that you and I had the same exact thought when the Cavaliers offered hustle player Anderson Varejao to 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 Varejao 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 ...

Read Full Article at Bleacher Report - NBA
Article written by Beyond the Arc Basketball

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