When does Dampier start getting paid?

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When does Dampier start getting paid? 

Post#1 » by GTO » Fri Aug 6, 2010 9:39 pm

Correct me if I am wrong: My understanding is that Dampier's "unguaranteed" contract will not become fully guaranteed until January 10, 2011. However, if he's on the roster on say, November 20, 2010, while his contract is not gurananteed, the team would team will still have to pay his salary for his services up to that date.

Assuming the foregoing is true, does anyone know when Dampier starts getting paid? Does he start getting paid on the first day of regular season? Does he get paid for training camp/preseason?

I am just wondering how the apportionment of the salary works. Even though the Cats can keep him around until January 10, 2011 and still pimp his contract for immediate salary relief until then, presumably, they don't want to pay, say, half of his salary by then for that right. So I am wondering how much salary he'll have gotten paid if he remained on the roster until January 10, 2011..
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Re: When does Dampier start getting paid? 

Post#2 » by Three34 » Fri Aug 6, 2010 9:44 pm

He gets 1/170th of his salary for every day he is on the roster, including the 48 hours of waivers.
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Re: When does Dampier start getting paid? 

Post#3 » by GTO » Fri Aug 6, 2010 9:56 pm

Sham wrote:He gets 1/170th of his salary for every day he is on the roster, including the 48 hours of waivers.


When does the first of the 170 days start? I assume he's not getting paid right now, right?
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Re: When does Dampier start getting paid? 

Post#4 » by Three34 » Fri Aug 6, 2010 10:37 pm

There are 170 days in a regular season.
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Re: When does Dampier start getting paid? 

Post#5 » by GTO » Sat Aug 7, 2010 5:16 am

Thanks, Sham. Then I guess the Bobcats will probably either trade him or cut him right a couple days before the regular season. Otherwise, they'll have to start paying the guy about $76,000 per day.
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Re: When does Dampier start getting paid? 

Post#6 » by golfer2 » Sat Aug 7, 2010 5:31 pm

GTO wrote:Correct me if I am wrong: My understanding is that Dampier's "unguaranteed" contract will not become fully guaranteed until January 10, 2011. However, if he's on the roster on say, November 20, 2010, while his contract is not gurananteed, the team would team will still have to pay his salary for his services up to that date.

Assuming the foregoing is true, does anyone know when Dampier starts getting paid? Does he start getting paid on the first day of regular season? Does he get paid for training camp/preseason?

I am just wondering how the apportionment of the salary works. Even though the Cats can keep him around until January 10, 2011 and still pimp his contract for immediate salary relief until then, presumably, they don't want to pay, say, half of his salary by then for that right. So I am wondering how much salary he'll have gotten paid if he remained on the roster until January 10, 2011..


From the CBA:

http://www.nbpa.com/cba_exhibits/exhibitA.php

3.COMPENSATION.

(a) Subject to paragraph 3(b) below, the Team agrees to pay the Player for rendering the services and performing the obligations described herein the Compensation described in Exhibit 1 or Exhibit 1A hereto (less all amounts required to be withheld by any governmental authority, and exclusive of any amount(s) which the Player shall be entitled to receive from the Player Playoff Pool). Unless otherwise provided in Exhibit 1, such Compensation shall be paid in twelve (12) equal semi-monthly payments beginning with the first of said payments on November 15th of each year covered by the Contract and continuing with such payments on the first and fifteenth of each month until said Compensation is paid in full.

(b) The Team agrees to pay the Player $1,500 per week, pro rata, less all amounts required to be withheld by any governmental authority, for each week (up to a maximum of four (4) weeks for Veterans and up to a maximum of five (5) weeks for Rookies) prior to the Team's first Regular Season game that the Player is in attendance at training camp or Exhibition games; provided, however, that no such payments shall be made if, prior to the date on which he is required to attend training camp, the Player has been paid $10,000 or more in Compensation with respect to the NBA Season scheduled to commence immediately following such training camp. Any Compensation paid by the Team pursuant to this subparagraph shall be considered an advance against any Compensation owed to the Player pursuant to paragraph 3(a) above, and the first scheduled payment of such Compensation (or such subsequent payments, if the first scheduled payment is not sufficient) shall be reduced by the amount of such advance.

(c) The Team will not pay and the Player will not accept any bonus or anything of value on account of the Team's winning any particular NBA game or series of games or attaining a certain position in the standings of the League as of a certain date, other than the final standing of the Team.

4.EXPENSES.

The Team agrees to pay all proper and necessary expenses of the Player, including the reasonable lodging expenses of the Player while playing for the Team "on the road" and during the training camp period (defined for this paragraph only to mean the period from the first day of training camp through the day of the Team's first Exhibition game) for as long as the Player is not then living at home. The Player, while "on the road" (and during the training camp period, only if the Player is not then living at home and the Team does not pay for meals directly), shall be paid a meal expense allowance as set forth in the CBA. No deductions from such meal expense allowance shall be made for meals served on an airplane. During the training camp period (and only if the Player is not then living at home and the Team does not pay for meals directly), the meal expense allowance shall be paid in weekly installments commencing with the first week of training camp. For the purposes of this paragraph, the Player shall be considered to be "on the road" from the time the Team leaves its home city until the time the Team arrives back at its home city.

Section 2. Meal Expense Allowance.

(a) The meal expense allowance, provided for in paragraph 4 of a Uniform Player Contract, shall be as follows:

(i) For the 2005-06 Season: $102 per day.

(ii) For each subsequent Season of this Agreement: $102 plus a cost of living adjustment (which shall be calculated by applying to $102 the percentage increase in the national Consumer Price Index from the June 1 through the May 31 immediately preceding such Season, and which shall be rounded off to the nearest whole dollar) per day.

(b) When a Team is "on the road" for less than a full day, a partial meal expense shall be paid based upon the time of departure from or time of arrival in the Team's home city, in accordance with the following:

(i) Departure after 9:00 a.m. or arrival before 7:00 a.m., no meal expense allowance for breakfast.

(ii) Departure after 1:00 p.m. or arrival before 11:30 a.m., no meal expense allowance for lunch.

(iii) Departure after 7:00 p.m. or arrival before 5:30 p.m., no meal expense allowance for dinner.

For purposes of this Section 2(b), the meal expense allowance for breakfast shall be deemed to be 18% of the applicable daily meal expense allowance (rounded off to the nearest whole dollar); the meal expense allowance for lunch shall be deemed to be 28% of the applicable daily meal expense allowance (rounded off to the nearest whole dollar); and the meal expense allowance for dinner shall be deemed to be 54% of the applicable daily meal expense allowance (rounded off to the nearest whole dollar).

(c) For purposes of this Agreement and paragraph 4 of the Uniform Player Contract, the "home city" of an NBA Team shall be deemed to include only the city in which the facility regularly used by the Team for home games is located and any other location at which such home games are played, provided that such other location(s) is not more than 75 miles from such city.
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Re: When does Dampier start getting paid? 

Post#7 » by Three34 » Sat Aug 7, 2010 5:42 pm

I think my answer was snappier.
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Re: When does Dampier start getting paid? 

Post#8 » by golfer2 » Sat Aug 7, 2010 6:17 pm

Sham wrote:I think my answer was snappier.


Shorter, too.

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