Wednesday, December 3, 2008

Larry Hughes Contract Rewards Him For Being A Team Player? He Must Have Forgotten To Read It

This little bit of information comes from a fanpost on Blogabull. I'm not sure if it's true or not, but it seems to make sense:
From The Washington Post Last Year:
"Hughes arguably had his best playoff performance since scoring 33 points in Game 5 of the Wizards' first-round series against the Chicago Bulls in 2005. It was the type of show the Cavaliers -- and perhaps that angry fan -- expected from Hughes when he bolted Washington that summer to sign a five-year, $60 million contract with the team. (The contract could be worth up to $70 million with easily attainable incentives; Hughes got a $2 million bonus this season because Cleveland won at least 49 games.)"

So he's got $10M in total incentives, with $2M being earned in a given year. So I'd guess it's the same sort of incentive for each year, and that if the Bulls win 49 or more games, they'll have to pay him another $2M.
Apparently this contract incentive, $2 million dollars if Hughes team wins 49 or more games, has been completely ignored by Hughes. Even though he has played much better recently and helped the team with his less selfish play on offense and defensive intensity, he hasn't seemed to care too much about that incentive in the past. Unless he somehow thought shooting 33% would lead to 49 wins.

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