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Originally Posted by HANNSUM
you're kidding yourself if kobe's salary will be over 30mil..Originally Posted by Dade B0Y
No. NBA contracts are slated based on years of service.Originally Posted by LetItShine24
Can LBJ sign a higher contract?
And as far as this extension is concerned, the latter portion of Kobe's contract will look very similar to what Jordan was making during the Bulls second three peat. Somwhere between 32-33 million.
Ridiculous.
we all know contract is not salary. lol
Kobe Bryant to Become NBA's Second Ever $30-Million Player
With his shiny new extension, Kobe Bryant has joined elite financial company. With the maximum value three-year contract extension Bryant signed with the Lakers Friday,Kobe is slated to earn a cool $31.5 million in the 2013-14 season. Theonly other player to earn at least $30 million in NBA salary in asingle season is Michael Jordan,who did it twice, in 1997 and 1998, his final seasons as a ChicagoBull. In 1997, Jordan made $30.1 million. In 1998, he earned $33.1million.
[color= rgb(102, 0, 102)]Bryant is scheduled to earn $26 million in 2011-12, $28.7 million in 2012-13 and $31.5 million in 2013-2014. [/color]
For his career, Bryant has already eclipsed Jordan's total NBA salary.Those two $30-million seasons were Jordan's only campaigns in which hewas paid an NBA salary greater than $4 million. Bryant made $9 millionas a 21-year-old in his fourth NBA season. Including this season, Kobehas earned more than $170 million in NBA salary. Once the newly inkedextension ends, Bryant will have been paid $280 million by the Lakers.
The extension also settles a score of sorts for Kobe. To date, former teammate and rival Shaquille O'Nealhad been No. 2 on the NBA's all-time list for highest salary in asingle season, behind Jordan. Shaq earned $27.7 million in 2004-05.That was the final season of a contract the Lakers signed O'Neal to in1996. Bryant has two seasons on this extension over Shaq's peak salary.
These figures and this unofficial contest remain inexact, as 8-9percent of player salary is currently held in escrow due tostipulations of the current collective bargaining agreement. Lastseason, because player salary exceeded a certain percentage of leaguerevenue, players did not get those escrow funds back. They will not seethat money this season, either.
There's also the specter of a new collective bargaining agreementbeginning in 2011, with owners having threatened to adjust signedcontract downward. It remains unclear as to whether that will passlegal muster, or whether owners will even attempt it. There could alsobe a lock-out in 2011, and in the 1998 lock-out which cost the league32 games, players were not paid during their time off.