November 25, 2013 |
Happily for Kobe Bryant, he is now going to be a Laker for life. Sadly for the misguided Lakers, it probably won't be much of a life. The news Monday that Bryant had signed a two-year contract extension worth $48.5 million - twice his market value, eight months before it was necessary - was a startling celebration of individuality by a decorated franchise and veteran leader who both should have known better. PHOTOS: Kobe Bryant through the years The Lakers have proven they are about championships, yet they just handed out the sort of hefty contract to an aging and injured star that will likely prevent them from adding the free agents necessary to win another one with him. Kobe Bryant has also said he is about championships, yet he signed this extravagant deal instead of following the lead of wealthy veteran athletes like Tom Brady and Tim Duncan who agreed to take less money for the sake of improving the team.
August 22, 2012 |
Amid economic uncertainty and a more restrictive labor deal, one thing remains unchanged. NBA superstars still make a ton of money. According to Hoopsworld , Kobe Bryant's $27.8 million salary in the 2012-13 season will make him the highest paid NBA player. So too do the players behind him, including Dallas forward Dirk Nowitzki ($20.9 million), New York forward Carmelo Anthony ($20.4 million) and New York forward Amare Stoudemire ($19.9 million). The Lakers will also pay top dollar to other players next season, including Dwight Howard ($19.5 million)
February 26, 2013 |
Oakland defensive tackle Desmond Bryant was arrested Sunday morning on a misdemeanor charge of criminal mischief after allegedly causing a commotion at a neighbor's house while inebriated. We probably wouldn't even be discussing his arrest right now ... if it weren't for that unfortunate mug shot . Now I don't want to make fun of the man -- like I said, not his finest moment. I'll just describe the mug shot as "unflattering" and let it go at that. Bryant, who was held on $1,000 bond after being booked at 9:24 a.m. Sunday, has 10 1/2 sacks in four seasons with the Raiders and is due to be an unrestricted free agent on March 12. Can you imagine potential employers searching for information about Bryant online and that's what pops onto their screens?
March 14, 2012 |
Calvin Johnson has lived up to his larger-than-life nickname on the field. Now he's being rewarded with the biggest contract in NFL history. The wide receiver known as Megatron has signed a new eight-year contract worth $132 million, including $60 million guaranteed, to remain with the Detroit Lions through the 2019 season. The former No. 2 overall draft pick was entering the final year of the six-year deal he signed with Detroit as a rookie in 2007. Under the former deal, Johnson's contract would have cost the team more than $20 million against their salary cap. "They were happy to get this thing done with, and I was happy as well,” Johnson said.
March 2, 2013 |
TEMPE, Ariz. -- The agent for Mike Trout knew for days that the Angels would “renew” the contract of the star outfielder Mike Trout because they were far apart in negotiations for a 2013 salary. But when Trout was assigned a salary of $510,000 on Saturday, a mere $20,000 above the major league minimum, after winning American League rookie of the year honors and finishing second in voting for most valuable player last season, Craig Landis was stunned. “During the process, on behalf of Mike, I asked only that the Angels compensate Mike fairly for his historic 2012 season, given his service time,” Landis, who represents Trout, said in an email.
CALIFORNIA | LOCAL
February 15, 2013 |
Parking tickets are a big deal in Los Angeles. For years, the city has been jacking up fines, which slams many low-income renters and young people who live in tightly packed neighborhoods where they have to fight over street parking. Most politicians don't want to talk about it because parking fines are a big part of the city's revenue. Those tickets bring in $150 million a year. When the city runs into money problems - as it always does - it's the easiest thing in the world to raise fines instead of running afoul of unions, developers and political donors.