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Wednesday, November 16th, 2011 at 9:35 am  |  38 responses

First Missed Paycheck Cost Miami Heat Players a Total of $8 Million


We all know that NBA players are obscenely rich people, but it’s always a mind-bending trip to see their pay spelled out. Various media outlets looked at how the first missed paycheck due to the lockout affected different teams and the players’ wallets, but the Miami Heat take the cake with this one. From the Herald: “Players missed their first paychecks on Tuesday. Here’s a breakdown of how much each player lost, based on the commonly used contractual formula that each player is paid 1/110th of their total contract each game. These figures include the eight preseason games that were never played and the regular season’s first six games. (Players are paid per game. And, obviously, we can debate the merits of these numbers all day based on a new CBA, prorated salaries and everything else. But, you get the point: It’s a lot of money.): LEBRON JAMES (Total 2011-12 contract: $16,022,500, Per game: $145,659.09, First paycheck: $2,039,227.27) – CHRIS BOSH (Total 2011-12 contract: $16,022,500, Per game: $145,659.09 ,First paycheck: $2,039,227.27) – DWYANE WADE (Total 2011-12 contract: $15,512,000, Per game: $141,018.18, First paycheck: $1,974,254.54) MIKE MILLER (Total 2011-12 contract: $5,400,000, Per game: $49,090.90, First paycheck: $687,272.72) – UDONIS HASLEM (Total 2011-12 contract: $3,780,000, Per game: $34,363.63, First paycheck: $481,090.90) – JOEL ANTHONY (Total 2011-12 contract: $3,600,000, Per game: $32,727.27, First paycheck: $458,181.81), EDDIE HOUSE (Total 2011-12 contract: $1,399,507, Per game: $12,722.79, First paycheck: $178,119.07) – MARIO CHALMERS (Restricted free agent/team option) (Total 2011-12 contract: $1,091,100, Per game: $9,919.09, First paycheck: $138,867.27) – DEXTER PITTMAN (Total 2011-12 contract: $788,872, Per game: $7,171.56, First paycheck: $100,401.89) Total amount in lost wages: $8,096,642.74″

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  • Justin

    DWade making less than Bosh is a travesty. These players making this much money is disgusting. Yep, those greedy owners huh?

  • Josh

    @Justin who gave them those contracts? Not the players fault they have owners wanting to sign them to max deals. Would you turn it down? Me either.

  • http://www.slamonline.com UNFROZEN CAVEMAN LAWYER

    We all know that NBA OWNERS are obscenely rich people, but it’s always a mind-bending trip to see their pay spelled out…………..
    ………….FIXED

  • LA Huey

    Wouldn’t it be fair to show how much the Miami Heat organization lost at this point in the season? Then maybe cats like Justin wouldn’t make stupid comments – actually, he still would.

  • JuicyM

    I’m with Justin. These players need to understand that the boss makes more than the employee. The boss makes the rules. That’s how it works. Oh yea but they’ve been spoon fed their entire lives so they don’t understand what goes on in the real world…Well the owners do understand, they went to school, studied, worked their way up the cooperate ladder. The players should be on their hands and knees taking any offer the owners give them, if they don’t like it, why don’t they go join the clowns in Occupy Bull S%it, oh I mean the 99%.

  • http://www.slamonline.com Eboy

    Dexter Pittman should get $100,000 for the ENTIRE season. Damn.

  • LA Huey

    “These players need to understand that the boss makes more than the employee.” The boss should make more than the employees collectively?
    “Oh yea but they’ve been spoon fed their entire lives so they don’t understand what goes on in the real world.” Fact check: most pro athletes come from working class backgrounds.

  • http://thetroyblog.com Teddy-the-Bear

    ^ This.

  • http://slamonline.com nbk

    Their is more than 450 people at the top of most professions. They make tons of money too. And a lot of them actually did come from wealthy families, if they weren’t just handed their wealth. NBA players are a small % of Millionaires who actually had to earn their place among the elites of their profession. But they are in the public eye, so idiots can claim they don’t understand what goes on in the real world, like they wouldn’t be takin as much as they could if they were in the same situation.

  • Chris

    JuicyM, when you work a job that makes you travel 6-8 months out of the year, requires that you be in shape, makes you subject to criticism by everyone in your CITY and gives you no option WHICH city that will be…you come tell me if you still wanna make burger-flipping money. Your job may affect thousands of people–the work they do helps EMPLOY thousands of people. If franchises are worth hundreds of millions I’d love to hear what fraction of that you think the players “earn”…stay on your hands and knees out there bruh

  • http://slamonline.com Allenp

    Exactly Chris.
    Nobody has to tell them to go to the back door, they look for it on their own. And if there is no back door, they will make one so they can feel more comfortable.

  • http://slamonline.com Allenp

    And you’d be surprised how many NBA teams have “legacy” owners. That means that they are the family members of original owners who had the team passed down to them.
    I am constantly amazed by the amount of respect given to corporate CEOs despite all the evidence that they are nowhere near as smart they pretend to be, and that they are actively working to screw as many people as possible.
    Folks are weird.

  • http://www.slamonline.com Eboy

    “when you work a job that makes you travel 6-8 months out of the year, requires that you be in shape, makes you subject to criticism by everyone in your CITY and gives you no option WHICH city that will be” Uhm…..that’s why they are called PROFESSIONAL athletes. They get PAID TONS to do that sh*t. And travel, hotel all are paid for. Like I said before, if the vast majority of people didn’t support LeBron in his “Decision” last summer, yet now everyone wants to ride the players d*cks for “manning up and taking a stand” then everyone touting them NOW needs to have their f*cking heads examined ’cause that’s as ignorant a stance all of you can possibly take. Only now, because it affects you, your fandom and your winter boredom does the “doing it to get off their hands and knees” makes sense and drives your rallying cries around the players. Stop b*tching and see it for what it is. Hunter fu*ked everyone by waiting so long to have genuine dealings with the owners. He was a coward ’cause he knew the players had nothing in their arsenal to fight them except turn down the deal and decertify, and use the “nuclear” option, cause he wasn’t bright enough to come up with more fluid solutions. It’s hard to realize it when you’re “so proud” of the players “stance” but all you’re doing is feeding the stupidity beast. Sure, the owners were the first bad guys in this whole thing and gave a sh*tty proposal to the players but the players union made little effort to try and counteract it with something better and took their sweet time in “getting their hands dirty”.

  • http://www.slamonline.com Eboy

    And trust me, once these lower tier players start seeing their back accounts whittle down every two weeks without a new check coming in, there will be a vote demanded among the players to reconsider the deal that was offered and a Motion to Vacate will be explored.

  • http://cnbc.com JTaylor21

    There’s a difference between supporting the decision made by one person for the good of himself and supporting the decision made by an entire group (NBPA) for the good of future players. Also, most regulars on Slam supported Bron’s right to go to a team that gives him the best chance to win a chip and are now supporting the NBPA’s decision to stand up to the owners.

  • bike

    “Your job may affect thousands of people–the work they do helps EMPLOY thousands of people”
    Well, now those thousands of people are out of work and will most likely be out of work the entire season. But hey, that whole principal thing-standing up to the man-justifies all that collateral damage.

  • http://www.slamonline.com Eboy

    Bullsh*t. A tiny portion of the regulars here supported his move. And in retrospect, what Lebron did was spit in the wind to what was the “norm” prior, and yes was a one-man move and showcase but was a major first step in saying “fu*K ya’ll” and he was vilified by it by “THE VAST MAJORITY”….which SLAM commenters does not make a dent in.

  • ai come back

    bosses might make more than individual employees but no boss takes in 50% of revenue

  • blackthought

    Yeah, the players lost a lot of loot, but the top players got lots of endoresment deals (lebron could play 4 free) it`s the players @ the end of the bench who pay the steepest price (besides the arena and ticketbox workers, who are out of a job). the owners doesn`t loose much either, they are freakin billionaires.the fans loose the games, and maybe the nba will be missin`a lot of fans in the end.

  • fruizm

    i kind of understand both sides (players and owners)…but in reality, most of these players, without their basketball talents would be TOAST!…so the should be grateful and just accept the deal…theyre still gonna get millions anyway.

  • bike

    The now defunct NBPA was intended to fairly represent about 420 players—and it failed them. The 30 player reps did a pathetic job of informing the entire workforce about the final offer, there were plenty of representatives absent on the day of final negotiations, and the players never got a chance to vote.
    So this whole notion of the players standing up for principal is somewhat misleading—SOME players stood up for principal.

  • http://www.slamonline.com Eboy

    Bike get’s it.

  • Toronto

    I have to do what is best for my family…Jesus with these kind of paycheques they can offer to take care of my family as well.

  • LA Huey

    “without their basketball talents would be TOAST!” Not sure how that’s different from any highly skilled and specialized profession (ie. medical doctors, bio-chemical engineers). Typically, those that aren’t highly specialized, don’t get into the higher end of pay scales.

  • http://thetroyblog.com Teddy-the-Bear

    How does “The Decision” have anything to do with the NBPA vs. owners?

  • http://www.slamonline.com Eboy

    It was a first step in saying to the owners “you don’t own me”. Pretty simple, Teddy.

  • http://thetroyblog.com Teddy-the-Bear

    What is this “they should be grateful” argument? Everyone should be grateful for their talents–that doesn’t make it any different. Someone with a PhD in Chemistry would be toast without their knowledge of chemistry… Does that mean they should be grateful for the places that hire them?
    We need to stop acting like employees don’t deserve their jobs… Employers hire workers because they NEED workers.

  • http://slamonline.com nbk

    The Decision was representative of the players power over the makeup of the league. And the negative attention it received opened the door for the Owners (& David Stern) to attract the support of the “average” sports fan. Which is (according to reports) a big reason why the owners have been so hard-lined in trying to get what they want.

  • LA Huey

    Teddy, I, amongst many others believe the lockout isn’t just about finances. Otherwise, it’d already be resolved. The owners feel like what LeBron did with Wade and Bosh last summer showed that they had lost control over the players. That’s why their proposals have made drastic attempts to restrict movement via free agency. IMHO, of course.

  • http://slamonline.com Allenp

    Any NBA player not informed about the deal on the table is lazy and trifling.
    You don’t bother to read the newspaper and do a Google search to find out about a potential deal that impacts your very livelihood?
    When the details are almost all available for public consumption?
    This reminds me of people complaining that the media didn’t tell them something, when they never actually bothered to read the effing paper or website.

  • http://slamonline.com Allenp

    I am not an NBA player. I am not working for the NBA. If I can learn about the lockout, and spend the time needed to learn it’s ins and outs while doing my regular job, loving my wife, raising my children, volunteering at church and pursuing my hobbies, any NBA player who doesn’t know what’s on the table is a blooming idiot. And I don’t respect their complaints and whining.
    Nobody is obligated to inform you about the things that are important to you. You need to be doing that yourself. Besides that, the union DID contact every player based on the personal information provided. If players change phone numbers or addresses, they should notify their reps.
    I don’t know whether players would have supported the deal or not. They probably would have. But then, two years from now they would have been whining about how terrible it is, and then the same folks encouraging them to sign today would be calling them idiots.

  • bike

    Regardless of whether it was union inefficiencies or player ignorance (I believe it was both) it was apparent that there was significant internal dysfunction in the union and resulted in the inability of the players to mobilize in an organized fashion. Hunter did not put enough effort into empowering the players and that is what the union is supposed to do. He did have problems with the agents and they didn’t help matters much by questioning his leadership, but he is not a rookie union guy like he was back in the mid 1990′s.

  • http://slamonline.com nbk

    The players waited to decertify because they genuinely wanted the opportunity to in in court. I’m pretty sure the Players Association’s concessions, David Stern’s repeated ultimatums, and the players (apparent) insistence on negotiating are almost enough in themselves to prove the owners were not negotiating in good faith.

  • bike

    Not negotiating in good faith seems like a nebulous concept. It’s more like, who killed the negotiations. Stern is a smart guy and a lawyer but I am still trying to get my head around the ultimatum he hit the players with. Seems like a judge would look at that and say the owners ended the talks using a threat.

  • MUBWAR

    even a lonnnnnng joint won’t bring me as much satisfaction as league pass.

  • BBaller

    Oh my, i actually agree with Eboy. Except when he blindly defends the Heat (it was okay before last season,but this season he went too far)but this time he’s on the money.

  • BBaller

    Players wanna be like Mike, get paid like Mike….99% can’t play like Mike

  • http://www.nba.com/2011/news/features/steve_aschburner/10/27/lockout-q-and-a-kevin-murphy/index.html Allenp

    Mike got $36 million for one year of ball.
    That’s not even possible under the current CBA given the new tiered maximum contract system.

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