Lakers Set to Pay Kobe Bryant Whopping $24 Million Lump Sum on Friday

[LALakersboy24.7]

Damn what a nice way to start your weekend...Holy Crap!!!

Lakers Set to Pay Kobe Bryant Whopping $24 Million Lump Sum on Friday | Bleacher Report

 

[besaesa]

The Mamba deserves it for all he has done for this franchise. It will be a sad sad day when he retires

 

[Black Adam]

The Mamba deserves it for all he has done for this franchise. It will be a sad sad day when he retires

Indeed, but let's face it, fellas. Father time's undefeated...

 

[Retroram52]

Essentially, they have bought out his contract. I think he may be considering retirement but it is indeed going to be kept very secret. I think he sees all of this youth and speed and I believe from what I am hearing in LA that Kobe may be thinking about calling it a career.

 

[LALakersboy24.7]

Essentially, they have bought out his contract. I think he may be considering retirement but it is indeed going to be kept very secret. I think he sees all of this youth and speed and I believe from what I am hearing in LA that Kobe may be thinking about calling it a career.

Just the other day on Access sports net Lakers interview with Kobe...he said he will stay play beyond this season & is not sure when he will retire, but so far his recovery is going well. He just needs to heal right & just keep getting stronger.

 

[Retroram52]

The payment is a previously negotiated balloon payment that settles the contract with remaindered to be paid out of the season. That figure is somewhere in the neighborhood of $6.1 mil and sends an assurance message that Kobe will negotiate the remainder of his playing years in good faith.

Essentially, there is a good chance he'll have to re-up for far less money because the Lakers would be completely nuts to sign him for more than $30 mil since that is at the 80% max mark under the new CBA. Plus, he is not going to garner numbers from any other club north of $30 mil, so the Lakers are banking on his expressed sentiment that he wants to remain a Laker until he retires.

 

[lakersrule]

Kobe has made almost a 1/2-billion dollars just in salary alone over his career. Woozers! I really do think he'll take whatever necessary paycut to allow the front office to hit free agency hard.

 

[trojanfan12]

Damn!! $24 million. Why couldn't I have been born with great basketball talent instead of devastating good looks?

 

[LALakersboy24.7]

Kobe has been getting 80 percent of his salary on November 1 for his last few contracts. Those balloon payments don't exist in new CBA

 

[lakersrule]

Even with that balloon payment, Kobe's game day checks will still be ridiculous.

 

[Hangman]

after taxes it is only like $11,000,000.00

 

[Rambunctious]

WOW 11 mil after taxes...dang it. Why didn't I become a gym rat???

 

[besaesa]

Give me a third of what kobe makes and I would be set for life

 

[HammerDown]

after taxes it is only like $11,000,000.00

$10,900,000 is what he ends up with out of $24,000,000. Unreal how high taxes are in California.

Los Angeles Lakers paying Kobe Bryant $24 million lump sum - ESPN Los Angeles

 

[HammerDown]

Give me a third of what kobe makes and I would be set for life

All I need is $1,000,000 free and clear to walk away for life.

 

[RoboticDreams]

$10,900,000 is what he ends up with out of $24,000,000. Unreal how high taxes are in California.

Los Angeles Lakers paying Kobe Bryant $24 million lump sum - ESPN Los Angeles

Imagine getting 45% of your yearly income.

 

[Retroram52]

Same here Hammer Down. I get that free and clear and I'd disappear for a lllloooonnnnngggg time!

 

[OutlawImmortal]

All I need is $1,000,000 free and clear to walk away for life.

That's because you don't pop bottles like a lot of "smart" athletes.

 

[Retroram52]

The taxes are killer. CA loves those free bucks!

 

[lakersrule]

All I need is $1,000,000 free and clear to walk away for life.

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