Trey signs with Jazz.
Signs for the max. Will be the ROY.
http://www.mlive.com/wolverines/index.ssf/2013/07/report_ex-michigan_star_trey_b.html
Why is that number so specific?
$2,438,760.00
Trey makin' bank. What's Morris's contract worth?
Stern is retiring. Don't think Adam SIlver has the pull just yet. If the Knicks win the lottery (Silver is from New York) though?? /Silvered???
They are filled with my urine. So yeah, I piss excellence.
Reference. Also look up how basically Jay-Z invested in a brand of so-so champagne and made it huge. Great marketing.
almost 7500 in tax.
And people say that athletes do give back.
jdon
The rookie salary max is set by the NBA and is determined by the draft pick number. Check it out: http://www.hoopsworld.com/2012-13-rookie-salary-scale
Seems as though there's more money to be made in professional sports. Maybe I should have gone that route.
One of the more interesting features of the NBA CBA is the great gory detail of the sections detailing player compensation. Most first-round picks sign at the 120% level, which is the max level for a rookie contract, or in other words, 1.2 times the maximum salary of that particular pick. For the 2013-14 season, the max salary for the 9th pick happens to be $2,032,000, which explains his first-year salary.
Here's a site which does a pretty good job of breaking down the math of rookie contracts, if you're interested - (HERE). This even goes into how a qualifying offer would work , so if the Jazz should be in a position to make Burke a restricted free agent in a few years, you could actually calculate what their offer would need to be.
That's not fair. Morris was never near as talented as Burke....Remember Burke is POY. If Morris stayed, do you really think he was going to be anywhere close to the quality of player as Burke? People need to get over him leaving early, bc he was never going to be as good as Burke and get that lottery type of money. He did what was best for him.
He made $962,185 last year, which was only a little bit less than what Jimmy Butler, the last first rounder from Morris' draft, made at $1,066,920.
Morris will probably sign for $884,293 this year, with a second year next year that will be either non-guaranteed or partially guaranteed, but will be for $948,163 if he makes it the team. He might make a slight amount more than that if he re-signs with the Lakers, but he's probably destined to be a minimum-salary player for the rest of his career (which isn't bad, because those salaries I listed are the minimums for players with his level of experience).
Not too shabby. Hopefully, the next time he has to negotiate a contract, the numbers will be even bigger.
/s
Good looking out.
Man, looks like I picked the wrong profession
But I see what you did there...
For those who have NBA TV, Trey and the Utah Jazz are playing at one today.