Andrew Bynum’s contract contains no performance-based incentives, just $6 million guaranteed

Hes a lucky man.

ProBasketballTalk

Andrew Bynum’s contract with the Cavaliers will pay him between $6 million and $24.79 million the next two seasons.

The two-year deal, the details of which were revealed by ShamSports.com, calls for base salaries of $12,250,000 and $12,540,000. However, only $6 million of the first season is guaranteed if Bynum is waived before 5 p.m. Jan 7 (and will become fully guaranteed if he doesn’t clear waivers before Jan. 10), and none of the second season is guaranteed until July 11, 2014.

Also, contrary to many reports, the deal contains no performance-based incentives.

So, Bynum will have until January to prove he’s either healthy or serious about his rehab – and that buys him only the rest of the 2013-14 season. Just as the 2014 offseason begins, he’ll have to have to prove himself once again to keep his contract.

The Cavaliers have given themselves a couple outs in…

View original post 21 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s