How to earn EASY money? Retire from the NBA
I'm NOT talking about how NBA players banked cash while they were playing, nor am I taking about the likely generous NBA pension.
I'm talking about Keith Van Horn, a player that hasn't played in over a year, signing a $4.3 million contract to "play" in New Jersey -- and his contract expires in June.
Why would he make all that money for NOT playing?
Because the NBA collective bargaining aggrement stipulates that NBA trades must "balance" in salaries and cap space. So, to allow the New Jersey Nets to trade the ultra-high-earning star point guard Jason Kidd to the Dallas Mavericks, the Mavs had to cough up equally high salaries to offset his contract. Even after throwing in a few others, the Mavericks had to sign Van Horn to an absurd contract and put him on a plane to New Jersey just so the Nets could cut him.
I want Van Horn money. That's for sure.
I'm talking about Keith Van Horn, a player that hasn't played in over a year, signing a $4.3 million contract to "play" in New Jersey -- and his contract expires in June.
Why would he make all that money for NOT playing?
Because the NBA collective bargaining aggrement stipulates that NBA trades must "balance" in salaries and cap space. So, to allow the New Jersey Nets to trade the ultra-high-earning star point guard Jason Kidd to the Dallas Mavericks, the Mavs had to cough up equally high salaries to offset his contract. Even after throwing in a few others, the Mavericks had to sign Van Horn to an absurd contract and put him on a plane to New Jersey just so the Nets could cut him.
I want Van Horn money. That's for sure.
posted by EggsnGrits | 11:23 AM
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