Truth & Rumors > NBA
Why Duncan took an $11.5M pay cut
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08:06 AM ET 07.27 | Tim Duncan has taken the term "team player" to heart. By accepting an $11.5 million cut from the $21.15 million salary he earned last season, Duncan enabled the club to re-sign its most coveted free-agent players, add 2009 draftee Nando De Colo and still drop below the NBA's projected luxury-tax threshold for next season. According to contract figures that have been officially released to all NBA teams, Duncan will be paid $9.64 million in the first season of the three-year deal he signed July 11. After being the third-highest paid player in the league last season, behind only Lakers star Kobe Bryant ($25.24 million) and Boston's Kevin Garnett ($21.25 million), Duncan next season will be the fourth-highest paid Spur.
Tim Duncan, Getty Images
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Comments (281) Add A Comment
The NBA needs to change their logo from Jerry West to Tim Duncan.... many young men (and women) can learn a thing or two from this guy.
El_Tiny Hippo
Total Comments (1470)
He took a pay cut because...................................
He is the classiest guy in the NBA.............
Mickey Bad Arse
Total Comments (29092)
other than David Stern.
El_Tiny Hippo
Total Comments (1470)
Now that's funny !!!!!!!!!!!!!!!!!!!!!!!
Mickey Bad Arse
Total Comments (29092)
7
Mickey Bad Arse
Total Comments (29092)
same lol, who cares about rings, i can use the money to bid those on Ebay
JIGSAW
Total Comments (848)
He's smart also. He realizes that he can have a life after basketball too w/ this organization.
Taking a huge paycut like that is only temporary... it's only for 3 years. Imagine what he will make in an executive role w/ the Spurs for the rest of his life. You think the owners wouldn't pay him back for doing what he did and keeping them competitive?
Players need to be smart. He's smart.
C-Phoenix
Metuchen , NJ
Total Comments (43)
He took a pay cut because he's not worth $21 million a year anymore
High Plains Drifter.
Total Comments (2228)
Duncan is simply a class person and far more intelligent than the average NBA player. (Hear that Dwight) But, that is the tradition of the Spurs, one of the best organizations in the league.
CavsalldayTheEnglish…
Total Comments (1126)
Half the veterans in the league aren't worth what they are making. But, that's the way things work out most times. Jordan wasn't worth the mega dollars he was making at the tail end of his career either. (35 million?)
CavsalldayTheEnglish…
Total Comments (1126)
Do you really think that the Spurs should pay Tim as handsomely as they paid him last year? If so, then the owners were very fraudulent with all they're bickering during the lockout. Well I guess if you can pay Jeremy Love 25 mil, you certainly can pay Tim 21 mil even at his age. You point about the NBA being a business is well taken! The Jeremy Love & Big Willie Asik contracts speaks volumes of owner misuse of salary protocol.
All about the Apple
Total Comments (1690)
Truth is, most contracts in professional sports are based on what a player has already done, not necessarily what they're worth at the time.
h2opololpunk
Gainesville, FL
Total Comments (2215)
Not everyone is driven by the dollars that the immediate contract pays. Duncan can finish a Spur, run for congress there, perhaps the Senate, or can have his choice of prime post NBA career paths. Or, he can pull a Dwight Howard and make himself unmarketable post NBA.
CavsalldayTheEnglish…
Total Comments (1126)
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