Kobe's previous contract
Posted: Sun Jul 6, 2014 8:27 pm
Hi all,
I'm sure this has probably been asked (but it wasn't easily visible in the search results), so apologies if this is wasting peoples time.
I've been trying to get a better understanding of the NBA's Salary Cap and was intrigued by Kobe's previous contract (£30,453,805 in the 2013-14 season according to Basketball Reference. I was wondering what exceptions the Lakers had to use in order to provide him with this contract.
Obviously he did have the required 3 'Bird' years and could receive a max 105% extension on his previous contract. Was it only the 105% increase, coupled with a pay increase year on year (his last contract before this was a 2 year contract)? Or were there some other exceptions applied (the Lakers' MLE perhaps)?
I'm hoping this makes some sense.
Regards,
Jamie.
I'm sure this has probably been asked (but it wasn't easily visible in the search results), so apologies if this is wasting peoples time.
I've been trying to get a better understanding of the NBA's Salary Cap and was intrigued by Kobe's previous contract (£30,453,805 in the 2013-14 season according to Basketball Reference. I was wondering what exceptions the Lakers had to use in order to provide him with this contract.
Obviously he did have the required 3 'Bird' years and could receive a max 105% extension on his previous contract. Was it only the 105% increase, coupled with a pay increase year on year (his last contract before this was a 2 year contract)? Or were there some other exceptions applied (the Lakers' MLE perhaps)?
I'm hoping this makes some sense.
Regards,
Jamie.