Thursday, October 13, 2011
NBA Lockout: 10 Players Who Stand to Lose the Most Money
Earlier this week, the NBA announced it was canceling the first two weeks of the season after two days of negotiations failed to yield any progress between the owners and players in their labor dispute.our editor recommendsUnion Says NBA Lockout Coming at MidnightLakers Games: Who Sits Where (map)Kobe Bryant To Make His Movie Acting Debut in 'The Black Mamba'Endemol USA plans Kobe Bryant Web seriesKhloe Kardashian's Husband Lamar Odom Involved in Near-Fatal Car AccidentRon Artest Name Change to Metta World Peace Official'Dancing With the Stars'' Ron Artest Reacts to Elimination (Video) The sticking point in the negotiations was reportedly how the team owners and their players would split the $4 billion in revenue generated annually by the league. STORY:NBA Cancels First Two Weeks of Season Amid Lockout NBA commissioner David Stern told the Associated Press that after two straight days of negotiations, both sides were "very far apart on virtually all issues. ... We just have a gulf that separates us." So which players stand to lose the most money as the lockout starts? Brian Reed of InvestingAnswers.com conducted a survey for Yahoo's Post Game blog, looking at who will lose the most per paycheck. (His methodology consisted of dividing each player's 2011-12 salary into 13 biweekly paychecks to find out what they earn every two weeks of the season.) STORY:NBA Lockout: What the Industry, Fans Are Saying About Decision to Cancel First Two Weeks of Season According to Reed, Los Angeles Lakers star Kobe Bryant will take the biggest hit. Bryant, the highest-paid player in the NBA, signed a three-year, $83.5 million extension in April, which means he will lose out on $1.9 million for the two weeks of canceled NBA games. He's not the only Laker who made the top 10: Pau Gasol came in at No. 7 with $1.4 million per paycheck. Landing at No. 2 on the list was Rashard Lewis with $1.7 million per paycheck. The Washington Wizards player's contract calls for him to earn $22.1 million this season. STORY: Lakers' Kobe Bryant to Play in Italy During NBA Lockout Rounding out the top three was Tim Duncan of the San Antonio Spurs, who has a $21.3 million contract that gives him about $1.6 million per paycheck. Meanwhile,if the lockout persists into the new year and threatens a full playoff schedule, the NBA's broadcast partners, including ABC/ESPN and TNT, could suffer substantial financial losses as well. Advertisers reportedly spent $807 million on NBA broadcasts last season, thoughmost lucrative advertising occurs during the playoffs. The complete list of players who stand to lost the most follows: 1. Kobe Bryant, Los Angeles Lakers, $1.9 million per paycheck 2. Rashard Lewis, Washington Wizards, $1.7 million 3. Tim Duncan, San Antonio Spurs, $1.638 million 4. Kevin Garnett, Boston Celtics, $1.630 million 5. Gilbert Arenas, Orlando Magic, $1.48 million 6. Dirk Nowitzki, Dallas Mavericks, $1.47 million 7. Pau Gasol, Los Angeles Lakers, $1.44 million 8. Carmelo Anthony, NY Knicks, $1.42 million 9. Amar'e Stoudemire, NY Knicks, $1.40 million 10. Joe Johnson, Atlanta Hawks, $1.39 million Related Topics NBA Kobe Bryant
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment