[NBA] Comments that don’t warrant a thread (JUL/TDOS)
- Thread starter Tetsujin
- Start date
iowamcnabb
Hall of Famer
good for Mike.
Section 101
All-Star
It's July!
ockingsfan
Starter
If Mike Brown signs on to coach the Knicks, does that let the Kings off the hook for the rest of his Kings contract (fingers crossed)?
QWERTYLICIOUS
Starter
No.
ockingsfan
Starter
I would think there is some language in a contract that if he accepts a head coaching job, the Kings wouldn't have to pay him anymore?
QWERTYLICIOUS
Starter
Not unless such language is added to a contract (which, to the best of my knowledge, is not common practice). Once a team signs a coach (or a player) to a contract, unless that contract is bought out at time of release, the team is responsible for paying out the duration of the contract, regardless of that player's or coach's employment status with the team.
ockingsfan
Starter
This is what I found online:
AI Overview
When an NBA head coach is fired, their old team is generally
still responsible for paying them the remainder of their contract.
However, if the coach finds comparable employment elsewhere, the previous team's financial obligation may be offset by the new income. This is due to a concept called "offset language" or a "mitigation of damages clause" often included in coaching contracts.
Here's how it works:
- Contractual Obligation: If a coach is fired without cause (meaning not for a major breach of contract like breaking rules or criminal conduct), their contract is typically guaranteed.
- "Comparable Employment": If the fired coach is hired by another team or takes a similar position (like general manager or a TV analyst job), this is usually considered "comparable employment".
- Offsetting the Salary: The old team remains responsible for paying the difference between the coach's former salary and their new salary for the remaining duration of the original contract.
- Example: If a coach was making $5 million per year and is fired but then finds a new job paying $3 million per year, their old team would still be responsible for paying the remaining $2 million per year of their original contract.
Yes, the old team is still responsible for paying, but the amount they owe may be reduced (offset) if the coach is hired elsewhere and earns income from that new position.
I would hope the Kings put this language in MB contract, especially since Vivek clearly didn't want to extend him in the first place.
I swear to god man, Ayton probably should have found another place to be but the roads in his neighborhood are not to be trifled with.
Portland is just a joke in inclement weather, we have no infrastructure to support clearing the roads and when they are iced they are skating rinks for cars. Does not help that most people don't really know how to drive in snow without ice here either. Certainly not the Bahamian.
QWERTYLICIOUS
Starter
Yeah, that's my point...If that kind of language is included in the contract, then, yes, you are right.
I might have been mistaken, but I was under the impression that it is not common practice to include such language in a contract.
This is how my understanding on coaching salaries work by default in the American pro sporting leagues.
Section 101
All-Star
Correct
Joshyjosh31
Starter
How is this possible
Tetsujin
The Game Thread Dude
I know the NBA does a financial bootcamp when guys come into the league but it’s not enough.
Joshyjosh31
Starter
I don’t think a payer has ever gone broke while playing though … also if you make 60+ million going broke is your fault forget bootcamp your just an idiot at that point
Actually think far more than would be willing to admit it have. More often than not it has to do with trusting the wrong person to manage their money.
Steve Kerr would never.
iowamcnabb
Hall of Famer
saying there are no true wings on the rockets roster is insane. Tari and Amen can both guard 4 positions. DFS can guard wings.
