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Paul George Receives $7M Roster Bonus For Making All-NBA 3rd Team
Posted: Wed Jun 4, 2014 4:38 pm
by RealGM Wiretap
Paul George made the third-team All-NBA this season, which triggered a $7 million contract bonus in his new contract extension.
George is a beneficiary of the "Derrick Rose Rule", which allows players on their first extension to hit the super-raise criteria.
Rose, Blake Griffin, Kevin Durant and Russell Westbrook are the other beneficiaries of the rule.
Via Brian Windhorst/ESPN
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 5:40 pm
by narmerguy
Can anyone do this? Does this count against the cap? Miami could do something like this for some of the big 3 as a way for them to take less money up front but give them easily achievable boosts in the contract (anyone think Lebron wouldn't make at least All-NBA 3rd team for next 2-3 years?). I don't think it works like that though, it seems like it's only for young players.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 5:57 pm
by capwolf
It says First Extension. They wouldn't be eligible.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 6:50 pm
by malgus
time to buy a couple more cars and a big new swimming pool
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 7:02 pm
by zeebo
He probably had a party to celebrate and spent the money already. Everyone at the party gets a free car!
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 7:10 pm
by Sn0wman
He can afford another kid
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 9:10 pm
by BirdmanPresents
narmerguy wrote:Can anyone do this? Does this count against the cap? Miami could do something like this for some of the big 3 as a way for them to take less money up front but give them easily achievable boosts in the contract (anyone think Lebron wouldn't make at least All-NBA 3rd team for next 2-3 years?). I don't think it works like that though, it seems like it's only for young players.
I'm 99.9% sure it doesn't count against the cap, and if it did I wouldn't offer such an incentive.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 9:50 pm
by U hova
Sn0wman wrote:He can afford another kid
or seven

Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 10:04 pm
by INKtastic
BirdmanPresents wrote:narmerguy wrote:Can anyone do this? Does this count against the cap? Miami could do something like this for some of the big 3 as a way for them to take less money up front but give them easily achievable boosts in the contract (anyone think Lebron wouldn't make at least All-NBA 3rd team for next 2-3 years?). I don't think it works like that though, it seems like it's only for young players.
I'm 99.9% sure it doesn't count against the cap, and if it did I wouldn't offer such an incentive.
The working of the article is odd, they are saying he qualified for the Rose rule. The extra salary kicks in next year and does count against the cap. And it should be about 3.25 million/year over 5 years, or over $16 million extra he just earned.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 10:10 pm
by BirdmanPresents
INKtastic wrote:BirdmanPresents wrote:narmerguy wrote:Can anyone do this? Does this count against the cap? Miami could do something like this for some of the big 3 as a way for them to take less money up front but give them easily achievable boosts in the contract (anyone think Lebron wouldn't make at least All-NBA 3rd team for next 2-3 years?). I don't think it works like that though, it seems like it's only for young players.
I'm 99.9% sure it doesn't count against the cap, and if it did I wouldn't offer such an incentive.
The working of the article is odd, they are saying he qualified for the Rose rule. The extra salary kicks in next year and does count against the cap
Good point, I originally thought it was a $7mil contract bonus, but it just means he meets the criteria for the Rose extension.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Wed Jun 4, 2014 11:40 pm
by Golden Angel
U hova wrote:Sn0wman wrote:He can afford another kid
or seven

Catfish gonna catfish
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Thu Jun 5, 2014 1:19 am
by stjf
INKtastic wrote:BirdmanPresents wrote:narmerguy wrote:Can anyone do this? Does this count against the cap? Miami could do something like this for some of the big 3 as a way for them to take less money up front but give them easily achievable boosts in the contract (anyone think Lebron wouldn't make at least All-NBA 3rd team for next 2-3 years?). I don't think it works like that though, it seems like it's only for young players.
I'm 99.9% sure it doesn't count against the cap, and if it did I wouldn't offer such an incentive.
The working of the article is odd, they are saying he qualified for the Rose rule. The extra salary kicks in next year and does count against the cap. And it should be about 3.25 million/year over 5 years, or over $16 million extra he just earned.
I agree with you the article is inadequate in detail. George isn't getting the 30% "Rose rule" max; he's getting bumped up to 27% of the cap. I don't know why his agent negotiated down to 27%, but i'm guessing it was the only way to get Indiana to agree to the initial 25% "max".
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Thu Jun 5, 2014 1:33 pm
by crazymaso
stjf wrote:INKtastic wrote:BirdmanPresents wrote:
I'm 99.9% sure it doesn't count against the cap, and if it did I wouldn't offer such an incentive.
The working of the article is odd, they are saying he qualified for the Rose rule. The extra salary kicks in next year and does count against the cap. And it should be about 3.25 million/year over 5 years, or over $16 million extra he just earned.
I agree with you the article is inadequate in detail. George isn't getting the 30% "Rose rule" max; he's getting bumped up to 27% of the cap. I don't know why his agent negotiated down to 27%, but i'm guessing it was the only way to get Indiana to agree to the initial 25% "max".
This is correct.
In return for PG accepting 27%, his final year of the contract is a player option.
The article is also wrong, Westbrook is not a beneficiary of the 30% rule. He agreed to stay on 25%.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Thu Jun 5, 2014 2:33 pm
by DwnShft2Xcelr8
$7 million?
That's enough money to impregnate and then offer 7 different strippers $1 million each to abort an unwanted lust baby.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Thu Jun 5, 2014 6:06 pm
by MadMike
7 Mil?!!! That's a big bonus check.
Re: Paul George Receives $7M Roster Bonus For Making All-NBA
Posted: Tue Jun 10, 2014 3:00 am
by SmashMouthRod
This just made life that much harder for INdy to retain Lance Stephenson.