FanPost

Vernon Carey contract details

Does anyone have details for the Carey contract? I've seen his salary info, his roster and workout bonus for 2009 and his signing bonus. But I've also seen the CBA and by my estimation, that roster bonus is considered a signing bonus not salary, because it's the Final Capped Year so it's pro rated across the length of the contract.

 

The problem that causes is that in order for Carey's deal to fit under the 30% rule (which comes into play because this is the Final Capped Year) Carey's salary for 2009 would need to be AT LEAST around $2.5m. That would mean he'd need to have around $1.5m in Likely to be Earned Incentives in the first year of his deal or else the Carey contract would breach the CBA.

This is a FanPost and does not necessarily reflect the views of The Phinsider's writers or editors. It does reflect the views of this particular fan though, which is as important as the views of The Phinsider writers or editors.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join The Phinsider

You must be a member of The Phinsider to participate.

We have our own Community Guidelines at The Phinsider. You should read them.

Join The Phinsider

You must be a member of The Phinsider to participate.

We have our own Community Guidelines at The Phinsider. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker