As you can see, Memphis Grizzlies small forward Quincy Pondexter had quite a treat waiting for him on Halloween. That’s Pondexter, a member of the 2010 draft class, signing his contract extension, reportedly worth $14 million over four years. Pondexter became the sixth member of the 2010 draft to get an extension, and might be the last. Teams have until midnight ET to lock up players drafted three years ago with long-term contracts, and no one else seems close to a deal. Pondexter
With wing extraordinaire Paul George signing a max-level, five-year contract with the Indiana Pacers on Wednesday, a legitimate argument can be made that the Pacers have the most secure medium to long-term future of any Eastern Conference team. At just 23 years of age, the 6-8 small forward already is one of the top five defenders in the NBA, as evidenced by his regular season advanced numbers, and is quickly developing a really strong offensive game. [Read more…]
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
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
A happy Fourth of July to you from everyone here at Sheridan Hoops, where analysis doesn’t take a day off (though analysis will be chilling out with some burgers and beers later). Let’s quickly get to the latest breaking news and information with, as usual, a statistical bent. Smith back with Knicks, Prigioni too The Knicks ultimately got its secondary scorer back. J.R. Smith is returning on a four-year contract worth $24.7 million, as first reported by Frank Isola, the highest monetary
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.