Jump to content




Photo

Odom's Salary Includes a Trade Kicker


  • Please log in to reply
1 reply to this topic

#1 magicbalala245

magicbalala245

    Call Me Mr. Clutch or Mr. Automatic

  • 3,456 posts
  • Joined: Jul 24, 2008
  • Location:San Gabriel, California
  • Fan Since:I was born in '91
  • Fav. Laker:Kobe, Magic, Lamar

Posted October 04, 2008 - 01:45 PM

Article

Just a little housekeeping matter to report here. Lamar Odom's contract is frequently reported to be for $14.1 million this season. Apparently that's incorrect. $14.1 million is his salary cap number. In other words, how much his salary counts against the Lakers salary cap. His actual salary --how much he's being paid by the Lakers this year -- is $11.4 million, according to a team spokesman.

Odom received a significant amount of money from a ``trade kicker'' clause in his contract after he was dealt from Miami, but that money was paid in a lump sum up-front. For salary cap purposes, it is parcelled out each year, but he is actually only being paid $11.4 million this season.


Posted Image

#2 GCMD

GCMD

    All-Star

  • 6,781 posts
  • Joined: Jul 25, 2008
  • Fav. Laker:Magic Johnson

Posted October 04, 2008 - 05:42 PM

No...he has already been paid the other 2.7 million. They are now paying him the rest.




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users