The roughly $2MM salary that Guerschon Yabusele will receive from the Sixers is less than his $2.5MM buyout with Real Madrid, but there’s another important financial consideration behind his decision to return to the NBA, according to BasketNews. Yabusele played two seasons with Boston after being selected with the 16th pick in the 2016 draft. Appearing in just one game this season will give him three years of NBA service, which makes him eligible for a pension and other benefits.
Under the NBA’s collective bargaining agreement, eligible players receive $1,001.47 per month for each year they spent in the league, up to a maximum of 10 years. If he leaves the NBA after his third season, Yabusele will begin receiving $36,052.92 each year after his 62nd birthday. Life insurance, disability insurance and dental, vision, and prescription drug insurance are also available for players who qualify.
It’s also unlikely that Yabusele will face financial hardship due to his buyout, BasketNews adds. NBA rules allow the Sixers to contribute $850K of that amount, and it has become common for teams to let players pay off the rest in installments, as Gabriel Deck and Facundo Campazzo recently did when they left their teams.
There’s more from the Atlantic Division:
- Before signing with the Suns, Tyus Jones considered an offer from the Knicks worth about $10MM over two years, Ian Begley of SNY states in a mailbag column. Begley hears that Jones received at least one other offer that was significantly higher, and there were also sign-and-trade scenarios and the option to re-sign with Washington that would have paid him more than the minimum deal he accepted from Phoenix. However, Jones wanted to be starter on a contending team, and no one else in the market was able to offer him that chance.
- Neither the Knicks nor Julius Randle appear to be in a hurry to reach an extension, Begley adds in the same piece. Randle became eligible for a new deal on August 3, but the two sides have until June 30 to hammer out an agreement. Begley notes that Randle is excited about the changes the team made this summer, specifically the addition of Mikal Bridges, and he’s looking forward to returning healthy for the start of camp.
- On his social media account, Celtics swingman Jaylen Brown shared photos of intense underwater workouts over the weekend, relays Nick Goss of NBC Sports Boston.
Anyone notice that the ball Jaylen Brown was using in the pool was a FIBA ball? Had to be on purpose
he couldn’t make it on the basketball team, so he’s gonna tryout for the water polo team.
Why all the drama about Randles money. Knicks need to jell as a team. All will be taken care of. Dolan has SPHERE money ……. Randle became an all star in NY. He’s not going anywhere.
I thought that I’d look back at all of the hot takes here posted soon after Jaylen Brown signed his historic extension roughly one year ago and the comments were pretty much what I was expecting.
link to hoopsrumors.com
In the two years since the Finals loss to GS so many fans have told us C’s fans how bad Jaylen Brown “really” is in their opinion and its pretty comical seeing which ones clearly have no clue. They were so far off on Brown and they’ve been even more off on how good Tatum will eventually become. Homeboy’s time is coming and its coming fairly soon.