Most NBA players don’t start collecting their annual salaries until the season actually starts, but league sources tell me that Durant’s latest deal indeed includes the most aggressive early payment schedule allowed by league rules.
Translation: Durant’s contract calls for him to receive half of his $42,969,845 salary in Year 1 in two installments before the first week of training camp is complete. That computes to a total of $21,484,922.
The advance amount in these cases, as seen last season with Ben Simmons before Philadelphia traded Simmons to Brooklyn, is typically paid in two equal shares on July 1 and Oct. 1. In Durant's case, that means he was due a check of $10,742,461 on the day after informing Brooklyn that he wants to be dealt.
The remaining half of Durant's 2022-23 salary, once checks are cut July 1 and Oct. 1, would then be paid out on a standard in-season check cycle.
Huwebes, Agosto 11, 2022
[Stein] League sources tell me that Durant’s latest deal includes the most aggressive early payment schedule allowed by league rules; he’ll receive half of his $42,969,845 salary in Year 1 in two installments before the first week of training camp is complete
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