Wednesday, July 19, 2006

LeBron's Contract

For years now people (ESPN people) have been saying that LeBron's Nike contract has a kicker if he plays in NYC or LA, some have gone as far to say that it doubles.

For as long as I can remember, I've been yelling bullshit. I based my yells on Brian Windhorst, who has maintained that LeBron's Nike contract has no kickers at all.

Everyone is wrong.

Turns out LeBron's deal does have a clause giving him more money if he's in NYC or LA. James would get an extra 5 mil a year. 5 mil. That's it.

$5 million won't make up the money he would lose if he spurs the Cavaliers offer. The Cavs can pay James more than anyone (including 4 years from now), so if he leaves the Cavs, he'll lose a ton of cash, all of his contracts combined wouldn't make up for it.

Of course, this doesn't matter much, we'll still be getting stories like this for the next few years (or forever) so don't worry about it. If the Cavs are good, none of it will matter.

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