With $18 million left on the last year of his contract, the 76ers have decided to pull the plug on Elton Brand, using the NBA’s amnesty clause. Teams will be able to bid on Brand’s services beginning July 11th, and according to ESPN’s Marc Stein, the Dallas Mavericks have already been rumored to have expressed interest in the 6’9″ power forward. The Sixers will now have to lean on the shoulders of the up-and-coming Lavoy Allen, and possibly rookie Arnett Moultrie, with a sprinkle of Thad Young (when playing smaller lineups).
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In the event you’ve been under a rock for the past 24 hours, Michael Vick signed a 6yr, $100Million contract with the Philadelphia Eagles on Monday.
Now that the dust has settled around the true value of Michael Vick’s new contract, I’m beginning to wonder if there’s more to this contract than just the numbers, and Michael Vick.
In case you didn’t know, Vick basically agreed to a 5yr, $80Million deal with $35.5 million guaranteed. The phantom 6th year is void if Vick participates in only 35% of the snaps in a given year of the deal.
Of the $35.5 million guaranteed, just $3million is guaranteed for injury.
Vick can earn an additional $3 million in guaranteed money if he participates in 77.5% of the snaps and/combined with the Eagles win the Super Bowl in 2011 or 2012.
So the Eagles have essentially motivated him to stay healthy, and win now, all the while betting against him to stay healthy by voiding the 6th year of his deal if he plays in 35% of the snaps in any given year during the deal.
Nice vote of confidence/weirdness Mr.Roseman.