Like three to make two, the 10-second violation and low-top sneakers, the $30 million NBA player may become a thing of the past. A handful of stars have approached and even crossed the magical monetary mountaintop, which is something when you consider that the collective bargaining agreement has a maximum salary restraint. Michael Jordan – who else? – was the first player to make $30 million in one season, negotiating about an 800 percent raise after the 1995-96 season. That was Jordan’s
The NBA’s popularity is on the rise, and the league isn’t wasting any time getting its fans engaged with the 2013-14 season. The season opens on Tuesday, Oct. 29 with LeBron James and the two-time defending champion Miami Heat getting their rings before hosting the Chicago Bulls in a game that should feature the return of Derrick Rose. James has won the MVP four of the last five years. The only time he did not win it in that span was 2011,
There are a scant few career tracks where an annual salary of at least $1 million does not mean you have reached the pinnacle of your profession. Only the best doctors and lawyers pull down more than a million a year. Before bonuses, most of the world’s top bankers draw salaries in the low seven figures. Some veteran TV news anchors have climbed above $10 million annually, but most operate in the seven-figure statosphere. And no one in politics comes close
After saying he would not use his amnesty provision, Heat president Pat Riley changed his mind and used the one-time clause on Mike Miller, saving owner Micky Arison millions in luxury tax. Tuesday was the last day for teams to waive a player via the amnesty provision, and Riley chose to let go of Miller and his $6.2 million salary. In a statement, he indicated that he tried to find a taker for Miller in a trade but was unsuccessful. “After many
Metta World Peace says he wants to play for the New York Knicks, and nobody else. Yeah, and I want to sleep with supermodels. That’s likely not happening, either. The Los Angeles Lakers are going to use their amnesty provision on World Peace and do something they really don’t do very often – make a conscious decision to save money. By letting go of the hero of their last NBA championship – who also happens to be a certified wingnut – the
The Los Angeles Clippers entered this offseason needing more outside shooting and a reserve big who can score. One need down, one to go. In a three-team deal reported by Yahoo! Sports, the Clippers landed guards J.J. Redick from the Milwaukee Bucks and Jared Dudley from the Phoenix Suns. The Clippers sent young point guard Eric Bledsoe and veteran forward Caron Butler to the Suns and a second-round pick to the Bucks. The Suns also sent a second-round pick to the Bucks. Redick received
There is a sneaky, devious way that the Los Angeles Lakers can re-sign Dwight Howard, continue to pay Kobe Bryant the NBA’s highest salary and create even more cap room for this summer and next summer. Use the amnesty provision on Bryant. Yes, Lakers GM Mitch Kupchak said in the days after Bryant tore his Achilles tendon that using the one-time provision – which 15 teams still have at their disposal – on the face of the franchise was not under consideration.
Younger NBA fans have been spoiled by Game 7s. Tonight’s showdown in Miami between the Heat and Spurs is the third Game 7 in the NBA Finals in the last nine years. Prior to that, there had been just one in the previous 16 years. Game 7′s are like tax returns, pizza and sex; they’re never really bad. But they can be really good, and as Game 7′s go, we haven’t had a really good one in a long time.