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.
Odom's Salary Includes a Trade Kicker
1 reply to this topic
Posted October 04, 2008 - 01:45 PM
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.
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