Originally Posted by Kblaze8855
Oh and Spencer Haywood signed a contract for like 1.9 million from an ABA team...massive for its time. But the pay was a 50 thousand signing bonus and like 50 thousand a year for some number of years. 6 I think. He didnt notice for some time that that doesnt add up to 1.9 million.
Turns out they had thrown in some fine print that says they got to pay him 75 thousand a year starting when he turned 40. He was 21 at the time. So he sued them before he even got around to suing the NBA for not letting him play.
Read the fine print.....always read the fine print.
Wow, that's incredible. They basically just offered him a pension plan.
But yeah, it really comes down to allowing collective bargaining power to the players. Most sports had some extremely poor labor rules until the players got fed up.