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Monday, July 25th, 2011 at 9:05 am  |  13 responses

Kobe, Durant, Rose Each Paid Over $400k for Philippines Exhibition


Kobe Bryant, Derrick Rose, Kevin Durant, and other NBA stars reportedly made themselves a nice chunk of change for running up and down the court a few times in the hoops-mad Philippines over the weekend. From SI: “There are marketing opportunities to discuss and negotiations to be had over possible jersey sales that would almost certainly result in players getting a significant slice of the financial pie that they don’t in their agreement with the NBA (although some expect the NBA would challenge the players’ ability to sign such deals). There is a fact that seems to always be forgotten, too: playing overseas means not paying taxes. While there are taxes to be paid, several agents with experience doing international deals said they typically negotiate for the team to cover those payments as part of the contract. So considering [Deron] Williams’ salary with the Turkish team, Besiktas, has been reported as a one-year, $5 million deal, that’s the approximate equivalent to a $10 million NBA deal for the player who stands to lose $16.3 million if the entire season is lost because of the lockout. There won’t be enough jobs for the masses, but the players, their agents, and union representatives clearly hope the threat of losing elite players strikes some fear in the owners’ hearts. Star-studded exhibition games like the two taking place in the Philippines this weekend are proving to be quite profitable as well, with one source with knowledge of the deals saying the Lakers’ Kobe Bryant, Oklahoma City’s Kevin Durant and Chicago’s Derrick Rose are being paid more than $400,000 apiece for their weekend of work (reminder: tax-free). Worthwhile ventures like these are a less-explosive strategy on the labor front, though there is — as reported by Yahoo! Sports on Saturday — an impatient contingent of agents who is pushing for a more aggressive approach that involves the decertification of the union and subsequent antitrust lawsuits.”

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  • LP

    wow…now thats what I call a “401K”….

  • Jacqueline Mitchell

    Dang, those brothers made a nice chunk of change for a few hours work !!! Sweet !!

  • ado

    how much did chris paul get out of this?

  • Riggs

    a yankees fitted.

  • http://www.optimabbc.be Max

    Damn..

  • http://none kbdunko

    MVP can pay ‘em much more dough, the main sponsor even bought the Philippines oldest coliseum into his main brand’s name SMART, where the 2 day allstar games were played. guy is a hustler, hehe that dude even sponsors the Philippines national basketball and football teams.

    He can really pay ‘em all bigtime if he wants to and his own pro bball team is catching a 3peat (not really NBA’s 3peat thing tho’)

  • All Day

    Call those cats “ballernaries”…you too can have Mamba or D-Rose come and ball for you for 400 stacks, tax-free!

  • bike

    Actually, due to the economic slowdown, they were paid the $400K equivalent of three tons of fried salted fish and rice. Kevin was appreciative but Kobe acted like somewhat of a jerk about it.

  • DeeDaw

    Filipinos really love basketball though.. Like damn.

  • hendry

    basketball is the no 1 sport in the Philippines.

  • phamie

    Not only that, This is very true, Some of our PBA teams seeking for the work of D. Rose and Chris Paul to play in the team. We have a limited height of 6’2 import player so that fitted ROSE and PAUL. We hope the deal will finalize because we can’t wait to see them play again here.

  • http://hotmail.com The WZA

    The NBA better watch out. Players are getting paid alot over seas and don’t even need to play hard. Wow that’s the life. “I wish I was a little bit taller, I wish I was a baller.”

  • huami_1103

    @phamie: what’s your source? I’m from the Philippines yet I don’t even know this. To me, this is pure BULL.

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