Friday, November 1st, 2013 at 10:25 am  |  12 responses

Lakers to Pay Kobe Bryant $24 Million Today

As part of his rare balloon payment arrangement, Kobe Bryant will get a very large deposit in his bank account on Friday. The Los Angeles Lakers will wire their superstar guard $24,363,044. Per the LA Times: “Bryant’s salary for the entire season is $30,453,805 — the remaining $6.1 million will be paid out over the course of the season. While there’s a limit to how much a player can receive in advance, Bryant is right at that 80% maximum. Meanwhile, there’s still no firm timeline for his return to the court from his Achilles’ tendon tear. Bryant was injured in an April 12 win over Golden State and underwent surgery less than 12 hours later. The team projected that Bryant would be out for six to nine months. Without him, the Lakers are 1-1 on the season after a big opening-night win over the Clippers — and an even bigger second-night flop against the Warriors. The Lakers have every intention of re-signing Bryant beyond his current contract, which expires June 30. The bigger question is — for how much? The team can give him an extension before July starting as low as $1.4 million and up to $32.7 million. The more the Lakers commit to Bryant, the less they can spend in free agency next summer.”

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  • ohmy

    like a BO$$

  • JibbsIsBallin


  • Smits#45

    I thought the article was about Kobe signing an extension. Or did they just put this here for clicks since this is part of his contract that he signed years ago and thus can’t be news. Fell for it again………..

  • LP @ThisisEther

    $24.3 ems….Albert Haynesworth type cash.

  • spit hot fiyah

    straight cash!

  • Enigmatic
  • SirGrey

    Witcha’ broke ass !

  • Enigmatic

    LMAO “Hide the money, y’all! There’s poor people around!”

  • berkamore

    Back of the envelope: 24 million. Hmm, taxes take about 40%, that’s $ 9.6 million gone. His agent takes 10% (I am assuming) that’s another $2.4 million gone. That’s $12 million right there.

    So HALF the dough is already gone before the wire transfer even shows up in his bank account. Still $12 million take home is nothing to sneeze at.

  • jaycee

    so the Lakers are essentially wiring Kobe 12mil and the government another 12mil….. smh the world today.

  • jaycee

    BUT question, is Kobe paid as a person or as a corporate entity? if it is the latter, he probably wont be paying anywhere near 40%. Corporate law makes tax evasion lawful for the rich.

  • berkamore

    Who knows how he gets paid? That’s a good question.