Basketball Myth: Super Guard

Chapter 577 Advance Salary Advance
After signing the contract, Qin Hao found 76ers general manager Ed Stefanski, hoping to advance his salary in advance.

Hearing Qin Hao's request, Ed Stefanski was stunned for a while.

Although the salary of the NBA is calculated based on the annual salary, the payment is based on a number of weeks. Many jobs in the United States are calculated based on the weekly salary. However, the NBA is worried that the weekly payment will make young players feel that the money is too easy. After getting the money They will spend recklessly, so they are usually issued every two weeks, that is, once every half a month.

When the salary is paid, the team's financial department will print a salary slip for each player, which lists the salary details in detail, and the player can transfer it to the player's card after signing.

The total amount of Qin Hao's 3+1 contract is 2150 million US dollars, but it is gradually increasing, 460 million in the first year and 495 million in the second year. Then it is divided into 24 cycles every year, and Qin Hao is given a salary every half a month.

However, the NBA is not without exceptions. With the consent of the team management, players can advance their salaries in advance.

Some low-level players’ salaries are not high, but the financial pressure is great (everyone should have heard the story of Jeremy Lin sleeping at the home of his teammates). After all, many players’ family conditions are not good, and they have children early, and need to repay various debts such as mortgages , so it is not uncommon to advance salary to the team.

Even the big players, even the superstars sometimes get salary advances.

Qin Hao remembers that Kobe paid the Lakers a salary of 2013 million U.S. dollars in advance in 2463.

This seems a bit nonsense, because Kobe's salary in the Lakers alone reached 13 million US dollars 2.4 years ago, as well as various endorsements and commercial income. How could he be short of money?

Of course Kobe is not short of money, but none of the rich people in the United States would depreciate their money at home, either for investment or for others to take care of it.

In other words, Kobe is not short of money, but he can't come up with so much cash at once, so he has to advance his salary to the team.

In 2014, Anthony even submitted an application to the Knicks and paid a one-time salary advance of more than 6000 million US dollars, equivalent to half of the total amount of his contract.

But after that, Anthony's condition began to decline, and he didn't know what to do with the more than 6000 million yuan.

In short, it is not uncommon for NBA players to advance salary to the team, but this is the first time Ed Stefanski has encountered a rookie player who asked for salary advance on the first day of signing.

He thought for a while, and said earnestly: "Qin, your salary belongs to you, and no one can take it away, but I don't think you need to pay in advance. I know that there are many places for young people to spend money. With so much money, I can’t wait to buy something. Such as villas, luxury cars, but this is not a good thing, believe me, after a few years you will understand that squandering money is not good for you.”

Rookie players enter the NBA and suddenly become millionaires. As Ed Stefanski said, it is inevitable that they want to squander, villas, luxury cars, beauties and wine.

Ed Stefanski has seen this kind of thing a lot.

But for young players, this is really not a good thing. It will make them get lost in the luxury and money, and eventually affect their competitive state. When they wake up, they often have no ball to play.

At that time, the job was gone, and the money was nothing left.

This is why there are always reports that a certain star is down on the street, and even has to rely on others to help him survive.

Hearing this, Qin Hao couldn't laugh or cry, and hurriedly explained: "Mr. Stefanski, I think you have misunderstood. I don't want to buy villas and luxury cars, and I don't like going to nightclubs. Also, I already have a girlfriend. We have a good relationship and I don't have the habit of squandering money."

Ed Stefanski asked strangely: "Then why do you need to advance your salary?"

"Investment." Qin Hao smiled and said, "I'm going to make an investment, and I need a lot of money. This is an opportunity, and I'm very optimistic about this investment." After speaking, Qin Hao thought about it and decided to sell Stefanski A favor, "Mr. Stefanski, why don't you vote a little too?"

"No, no, no, I'll forget it." Ed Stefanski waved his hand quickly. In his opinion, a brat like Qin Hao must be unreliable. If investing with him, doesn't that mean throwing money away?
Ed Stefanski had a good impression of Qin Hao, so he decided to persuade him again, but Qin Hao insisted, so he stopped talking, saying: "Well, let me discuss with the management, the problem should not be Big. But only the first two years of your guaranteed salary in advance."

Qin Hao quickly thanked: "Thank you so much."

As for Laed and Stefanski investing together, Qin Hao has already invited him anyway, and there is nothing he can do if he doesn't want to. Anyway, he won't blame himself when the time comes.

In fact, Qin Hao originally thought that it would be good if he could pay in advance for one year, but he didn't expect that it would be even better if he could pay in advance for two years.

Generally speaking, the team will not advance too much salary to the players, most of them are a few months, or a year like Kobe.

In other words, Qin Hao is on a rookie contract, and Ed Stefanski has a good impression of him, and Qin Hao is not for squandering, so he will agree to advance two years.

This can't be more.

After all, Qin Hao's 3+1 contract is only four years in total, and it is very interesting to give Qin Hao half of the advance payment.

Of course, Qin Hao's half is not the same as Anthony's half. His half is more than 6000 million US dollars, but Anthony's lineup is also much larger.

One day later, Qin Hao got a reply. The team agreed to give him two years' salary in advance, but it was the guaranteed part, and taxes would be deducted in addition. Anyway, the original two-year salary was almost 1000 million, and the one who got it was only About 60.00% remained, to be exact, Qin Hao got 594 million.

"This is my capital." Qin Hao squeezed the bank card in his hand, feeling agitated. The plan to make a fortune that he had planned a long time ago can finally be implemented.

As a reborn person, Qin Hao has the "foresight ability", even if he doesn't want to be the world's richest man. Of course, it's not so easy to be the world's richest man.However, it is not difficult to use this to make yourself more money.

Sometimes it takes money to have confidence.

For example, when Qin Hao needs the team to strengthen, he can calmly cut his salary to strengthen; for example, when he wants to leave, he can go wherever he likes regardless of the contract price; After retiring, you can buy a team to play with. Isn't it good?
With the development speed of the NBA, Qin Hao's salary and advertising revenue alone are not enough to buy an NBA team when he retires.

(End of this chapter)