Can someone explain the salary advances to me?
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Posted Jul 7, 2017, 5:55 PM UTC
16
Rich owners can afford to stump up a fat 15mil at once some smaller market owner may not want to, so it may increase the chance of the not matching an RFA sheet
5
This is why I thought the Nets offered it to Otto Porter, but wasn't sure why THJ got it from the knicks.... But I guess the knicks are really high on him.
2
It makes the contracts more tradeable in their last year. Essentially, if Knicks wanted to trade THJ in his last season, we would eat the first 50% of that salary (approx $9.5 million). So if my math is right, this would make his cap hit for a team trading for him only a little over $10 million instead of almost $20 mil. Eating the first half of the contract doesn't matter to owners with deep pockets like Dolan.
1
thanks, didn't think about it from a trade perspective.
2
Kobe used to get 1 lump sum payment if I recall. i don't really know what the benefit is other than a player likes the idea of getting a fat paycheck early. Money today is worth more than money tomorrow.
1
They are willing because they want the player.