I know that you and I had the same exact thought when the Cavaliers offered hustle player Anderson Verejao a six-year, $50 million dollar contract: "WTF are you doing Danny Ferry? Are you drunk?".
Rightfully so. On the surface, that contract appears to pay Verejao an average of $8.3 million a year for six whole years. A bit much? Further investigation shows us that these "incentives" exist in his contract, but what does that matter, the guy signed for $50 million!
Well, it actually does matter Anderson, because these incentives will likely turn that $50 million into a much lesser sum. Figured I would just let you all in on the big secret of "contract incentives".
Did you know that these players would have earned:
$1.5 million dollar bonus for Luke Ridnour if he won Defe ...
Read Full Article at Bleacher Report - NBA
Article written by RealSportsTalk
Anderson Verejao: Looking into Contract Incentives
Posted: 10th December 2009 by RealSportsTalk in NBAComments Off on Anderson Verejao: Looking into Contract Incentives