HoopsHype Salaries rumors
Four players – three of them future Hall of Famers – took pay cuts of a staggering eight figures this offseason. Dirk Nowitzki, Pau Gasol and Paul Pierce all took salary slashes of more than $10 million to extend their careers with contending teams. They head the list of the top 10 individual pay cuts this summer. Our list uses exact salary figures from last season. In some cases, this season’s figures are averages of multi-year deals received by players. For example, Ben Gordon signed a two-year, $9 million contract with the Orlando Magic. But until we receive exact figures sometime next month, we are assigning Gordon an annual average salary. SheridanHoops
The Bulls finalized some bookkeeping Monday, officially announcing the signings of second-round pick Cameron Bairstow and guard Kirk Hinrich. The signings have been ordered a certain way to maximize the team's limited salary-cap space. Bairstow, a physical big man, signed a three-year deal starting at $507,336. Only the first year is fully guaranteed. Chicago Tribune
Marc Stein: Coupla contract bits: Third year of Kris Humphries' $13.3M Wiz deal fully unguaranteed; Heat gives Birdman two-year, fully guaranteed $10.4M Twitter @ESPNSteinLine
In a paper set to be published in Economics Bulletin, University of Toledo economist Olugbenga Ajilore (a longtime Clippers fan) uses salary data and advanced basketball statistics to argue, convincingly, that white, American-born players aren't discriminated against when it comes to NBA pay. Yes. White, American-born players. Backstory: Economists like to study relatively small, contained things, like sports leagues, for clues about big, difficult-to-study things, like the total American economy. This is why there's a whole literature of research about NBA pay. Some of that research has suggested in the past that white American players earn less than African-American players, because team executives might think white players don't remind them of great players. Washington Post
His analysis turned up no evidence that white American players were being paid less, for their value, than anyone else. Why is that? "One explanation," Ajilore writes, "is that with detailed information about athletes at a young age and the resources devoted to scouting not just in the Unites States but overseas, there is no need for teams to statistically discriminate." Washington Post
Any rumor missing? E-mail us at firstname.lastname@example.org.