For many professional athletes, the signing of the first contract is a big moment. So what exactly does a contract cover? What can a player expect out of a contract?
Usually when people think of a contract, the first thing that comes to mind is the salary. People are intrigued by how much money a professional basketball player actually makes. As you are already probably noticing from my past two posts: it depends on what league you are playing in. In the NBA, the rookie minimum salary is around $450,000 for the season and increases each year that you play (I believe just signing a contract for vet camp can qualify as playing a year ) On the other end of the spectrum is the minor league salary, which can at times be only enough to pay the bills each month. And in international play it can range from million dollar contracts to a couple of thousand dollars a month.
A salary overseas basically works as a supply and demand type situation. If you can bring a talent to the game that very few other people have, there will be more jobs offered to you and a higher pay (there are other factors as well that will affect your job opportunity, but this is a big one). So let’s use Joe as our example. Joe is a 6 foot point guard. That in itself is nothing spectacular. His height does not set him apart as it does many Americans (typically tall, athletic American players are more in demand). So he must have something else that sets him apart to make teams want him. For Joe, it is that he is an incredible shooter who can create his own shot (as opposed to a player who can stand and shoot well when another player creates the space for him). European players are very good at the fundamentals, but aren’t always as creative, so Americans that bring a different flair to the game (by doing things like going 10-for-10 from three point range or hitting game winning shots) are more desirable. American players that are very sound fundamentally can still get jobs, but they may be more as a role player or in a country where they pay less money because teams can often find national players that do what they do.
When looking for a big salary, a player also needs to consider whether all that money that is promised will actually be paid as well. Overseas it is typical to have payments made late and at times, not at all. Greece, in particular, is known for not always paying the salary that is agreed upon in the contract. Unfortunately, Europe is much different than the U.S. and what is stated in a contract may not always hold up in court. And going through a court system can be a tedious and costly process. So it is often better to take a lower salary with a club that has a reputation for paying on time and in full, rather than a high salary with a club that has a history of not making full payments. Clubs are also known to apply random fines for things like losing games that were not stated in the original contract. So sometimes it is good to do your homework on a team before signing there (this is where other players come in handy). A salary is also not guaranteed when it comes to injury or a player not performing up to the club’s expectations. Clubs can make changes at any point in the season and usually an agreement will be settled upon, but not for the full amount of the contract.
Also included in the contract are various other elements, which I would classify as “accommodations. In the next post, I will explain a bit more of the accommodations that professional basketball players are provided with.










Yesterday was my wonderful husband’s 31st birthday. This means we have been together for almost a decade now (we started dating in October of 2000 when he was 21 years old). In those 10 years I have seen an amazing work of God in Joe’s life and the grace that has changed him in so many ways. 





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