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The signing of F/C Darius Miles to the Memphis Grizzles for a 10 day contract has caused quite the stir. Not only for the NBA, Portland but for the writers at LA Hoopz. The Hoopz Staff wants to know how much will D-Miles earn over his contract? Money is money to all ballers, so we want to explain how much dough he will be earning over the 10 days. Below is a compiled answer:
The minimum salary a 10-day contract can offer is the # of days in the contract divided by the # of days in the regular season multiplied by the minimum annual salary. Note that 10-day does not mean 10 games.
Minimum salary is $300,000
# of days in NBA regular season is 170
Salary = 10/170 x $300,000 = $17,700
Guess this is not what the Portland Trailblazers had hoped, despite Kevin Pritchard effort to send out emails that would help them save approximately $18 million for this season and next. Good luck Portland and D-Miles, it’s a long season. GO BLAZERS!
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