Showing posts with label Manimal. Show all posts
Showing posts with label Manimal. Show all posts

Friday, August 30, 2013

The NBA's Crucial Year Three part 1: "Money Earning"

The third season of an NBA player's career is the most important because it is integral to their financial well-being that they perform well or display the potential to be a coveted member of an organization's future.  When a player is drafted, there is no need to negotiate their contract because the amount they make depends on where they were chosen in the draft; this is often referred to as their "rookie deal".  Rookie deals are for a guaranteed two years; this only applies to first round draft picks.  However, a team may exercise an option for a third year, most will do this unless a player is a complete bust.  There's also an option for a fourth year.  If a player can have a breakout type of season in year three, the organization will most likely offer them a contract extension starting at the maximum amount allowed 25% of the salary cap which would kick in at the start of the fifth season.  In part one of this series, I take a look at some first rounders going into their third season that need to ball so hard  for their agents to be taken seriously when the word "max" is spoken.