Spursfan092120
07-15-2009, 10:41 PM
Unique, unlikely performance-based contract incentives (http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Unique-unlikely-performance-based-contract-ince?urn=nba,176730)
By J.E. Skeets
http://a323.yahoofs.com/ymg/ept_sports_nba_experts__28/ept_sports_nba_experts-424193552-1247676968.jpg?ymo45kBD0Co4.phA
Many NBA contracts have explicit incentive clauses that stipulate increased pay if certain performance criteria are met. You know, if "Player X grabs X amount of rebounds" or "Player Y plays in X amount of games" they get a bonus. Well, Dave D'Alessandro of The Star-Ledger combed through some current NBA contracts and found a few of the most unique/ridiculous performance-based incentives out there (http://www.nj.com/nets/index.ssf/2009/07/nj_nets_incentives.html). Some oddball favorites:
* Adonal Foyle (http://sports.yahoo.com/nba/players/3178/)(notes) (http://sports.yahoo.com/nba/players/3178/news) gets $500,000 if he wins MVP, and another $500K if he wins MVP of the NBA Finals.
* Luke Ridnour (http://sports.yahoo.com/nba/players/3717/)(notes) (http://sports.yahoo.com/nba/players/3717/news) gets an extra $1.5 million for winning Defensive Player of the Year.
* Mario Chalmers (http://sports.yahoo.com/nba/players/4496/)(notes) (http://sports.yahoo.com/nba/players/4496/news) gets $19,580 just for showing up for summer league, and for going through a team "skill/conditioning program."
* Rafer Alston (http://sports.yahoo.com/nba/players/3282/)(notes) (http://sports.yahoo.com/nba/players/3282/news) gets an additional $325,000 if he makes the All-Star team.
* Matt Bonner (http://sports.yahoo.com/nba/players/3748/)(notes) (http://sports.yahoo.com/nba/players/3748/news) gets $100,000 if the sum of his field goal percentage, free throw percentage, and his 3-point percentage matches or exceeds 169 percent. Seriously.
D'Alessandro has more (http://www.nj.com/nets/index.ssf/2009/07/nj_nets_incentives.html), but none of them come close to this strange small print (http://vault.sportsillustrated.cnn.com/vault/article/magazine/MAG1150383/index.htm) once written up by the Oakland Athletics (http://sports.yahoo.com/mlb/teams/oak/):
"In 1972 owner Charlie Finley offered his players $300 if they'd grow mustaches as part of a Father's Day promotion. All 25 did, and the 'staches became a team trademark. Rollie Fingers even had a clause written into his contract that he would be supplied with wax for his handlebars (http://3.bp.blogspot.com/_Zg9I8HpF3SI/SFKh-rHgrUI/AAAAAAAAAp4/cd4dgdNUr2c/s400/RollieFingers.jpg)."
Paging Adam Morrison's agent ...
http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Unique-unlikely-performance-based-contract-ince?urn=nba,176730
By J.E. Skeets
http://a323.yahoofs.com/ymg/ept_sports_nba_experts__28/ept_sports_nba_experts-424193552-1247676968.jpg?ymo45kBD0Co4.phA
Many NBA contracts have explicit incentive clauses that stipulate increased pay if certain performance criteria are met. You know, if "Player X grabs X amount of rebounds" or "Player Y plays in X amount of games" they get a bonus. Well, Dave D'Alessandro of The Star-Ledger combed through some current NBA contracts and found a few of the most unique/ridiculous performance-based incentives out there (http://www.nj.com/nets/index.ssf/2009/07/nj_nets_incentives.html). Some oddball favorites:
* Adonal Foyle (http://sports.yahoo.com/nba/players/3178/)(notes) (http://sports.yahoo.com/nba/players/3178/news) gets $500,000 if he wins MVP, and another $500K if he wins MVP of the NBA Finals.
* Luke Ridnour (http://sports.yahoo.com/nba/players/3717/)(notes) (http://sports.yahoo.com/nba/players/3717/news) gets an extra $1.5 million for winning Defensive Player of the Year.
* Mario Chalmers (http://sports.yahoo.com/nba/players/4496/)(notes) (http://sports.yahoo.com/nba/players/4496/news) gets $19,580 just for showing up for summer league, and for going through a team "skill/conditioning program."
* Rafer Alston (http://sports.yahoo.com/nba/players/3282/)(notes) (http://sports.yahoo.com/nba/players/3282/news) gets an additional $325,000 if he makes the All-Star team.
* Matt Bonner (http://sports.yahoo.com/nba/players/3748/)(notes) (http://sports.yahoo.com/nba/players/3748/news) gets $100,000 if the sum of his field goal percentage, free throw percentage, and his 3-point percentage matches or exceeds 169 percent. Seriously.
D'Alessandro has more (http://www.nj.com/nets/index.ssf/2009/07/nj_nets_incentives.html), but none of them come close to this strange small print (http://vault.sportsillustrated.cnn.com/vault/article/magazine/MAG1150383/index.htm) once written up by the Oakland Athletics (http://sports.yahoo.com/mlb/teams/oak/):
"In 1972 owner Charlie Finley offered his players $300 if they'd grow mustaches as part of a Father's Day promotion. All 25 did, and the 'staches became a team trademark. Rollie Fingers even had a clause written into his contract that he would be supplied with wax for his handlebars (http://3.bp.blogspot.com/_Zg9I8HpF3SI/SFKh-rHgrUI/AAAAAAAAAp4/cd4dgdNUr2c/s400/RollieFingers.jpg)."
Paging Adam Morrison's agent ...
http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Unique-unlikely-performance-based-contract-ince?urn=nba,176730