HomeLeaguesAnthony Edwards, Tyrese Haliburton Gain $40M From All-NBA

Anthony Edwards, Tyrese Haliburton Gain $40M From All-NBA

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This year, Indiana Pacers watch Tyrese Haliburton and Minnesota Timberwolves guard Anthony Edwards have both led their individual teams to the NBA conference finals. They were now having a good May, and it just got better.
Haliburton was chosen to the 2024 All-NBA next team, while Edwards was chosen to the 2024 All- NBA next team. Along with the honor, they each got a$ 40 million raise.
Both players signed rookie contract extensions last summer that were due to be worth at least 25 % of the salary cap ( five years,$ 204 million ), with the potential to increase to 30 % of the cap ( five years,$ 245 million ) if they made an All- NBA team this year.
To be eligible, both players needed to play at least 65 games, per the rule in the 2023 collective bargaining agreement ( CBA ) between the National Basketball Players Association ( NBPA ) and the league. That was no concern for Edwards, who played in 79 game. Haliburton, but, missed 10 events in January due to a hamstring injury and had to return quickly and avoid resting game later to reach the level.

The players have the 2011 CBA, and specifically the” Derrick Rose Rule” ( officially named the “5th year, 30 % max criteria” ), to thank for their earnings bumps. If at least one of the following criteria is met, the player may re-sign with his present team to receive a salary higher than the standard maximum starting salary in his fifth season. One of those things is being named to an All-American group in the most recent year.
Edwards ‘ situation was unbreakable. For the group with the fourth-best history in the NBA, he averaged 25.9 points, 5 rebounds, and above-average defense.
Haliburton was a closer visit. He scored 20.1 points per game and his 10.9 help per game led the club, but both of those scars, as well as his killing percent, dropped after his wound. His full body of work, though, got him across the end line.
The case was also secured by different people. Luka Doncic was undoubtedly going to receive a first team All-NBA honor, but in doing so, he was given the opportunity to sign a” supermax” contract worth 35 % of the cap for the 2025 offseason, which would begin with the 2026-27 season. The final season of the theoretical five-year deal could be worth more than$ 80 million.
On the flip side, some people missed out on huge money. Miami Heat core Bam Adebayo, for example, needed a selection to be able to mark a profitable supermax expansion, but he missed the reduce. Tyrese Maxey’s next offer as a Philadelphia 76ers watch will be limited to 25 % of the cover as opposed to 30 %.
For the 26th consecutive year, the Western Conference had more All-American people than the Eastern Conference.
A system that allows the values of contracts lasting four or five years to change so significantly based on just one yr of efficiency is unclear. The fact that those eight-figure money jumps are determined by third-party media members is even more improbable. Zach Lowe, anESPN top writer, stated that he turned down his ballot this year because of how he felt about his impact on player contracts.

Many voters wish they did n’t have to have to decide the salaries of players. Prizes skeptic Ryen Russillo said on The Bill Simmons Podcast in April,” I think there’s some Haliburton grief there where I think if it’s nearby and a contract extension is on the column, I’d be more likely to vote for that person.” ” I’m only trying to get clear”.
Nothing seems happy with the broken state of affairs, but the players eventually agreed to it. For Edwards and Haliburton, it worked out. Who might not be so fortunate to be eligible for a lift next month. 

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