View Single Post
Old 07-07-2009, 04:12 PM   #11
2LeTTeRS
Retired Bloggissist
 
2LeTTeRS's Avatar
 
Join Date: May 2008
Location: www.twitter.com/EsquireSports
Posts: 6,572
Default Re: Chris Andersen to re-up with the Nuggets (5 yrs/$25 Mil)

Quote:
Originally Posted by LateNightNBA
Chris Andersen and the Denver Nuggets have reportedly reached an agreement which will pay the high-energy fan favorite $25,000,000 over a period of 5 years.

The first year is said to be worth $3,000,000 and he will have $8,000,000 coming to him in the final year of the deal.

This can't be true, the maximum amount of yearly raises allowed in NBA contracts is 10.5%.

http://members.cox.net/lmcoon/salarycap.htm#Q46
2LeTTeRS is offline   Reply With Quote