Boozer Forfeits Bonuses

Discussion in 'Utah Jazz' started by Shapecity, Dec 14, 2005.

  1. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    <div class="quote_poster">Quote:</div><div class="quote_post">Carlos Boozer returned to his Los Angeles home on Tuesday after satisfying his employers that he is making progress toward his long-delayed - and still weeks off - return to the basketball floor.

    Boozer's left hamstring, like his right foot last spring, has cost the Jazz their most dangerous interior weapon. But it has cost Boozer plenty, too.

    Because of his lingering injuries, the 24-year-old power forward has forfeited $666,666 in playing-time bonuses during his two seasons with the Jazz, according to two NBA sources with knowledge of the terms of Boozer's contract.

    The six-year, $70 million deal that lured Boozer to Utah as a free agent in July 2004 called for a total salary of $10,967,500 last season, and $11,593,816 in each of the next four seasons. But $333,333 of that salary each season is contingent upon Boozer playing a requisite number of games.

    Boozer appeared in the Jazz's first 51 games last season, averaging a team-high 17.8 points and 9.0 rebounds, before suffering a strained right foot that kept him out of the remaining 31 games. That was not enough to trigger the bonus, costing Boozer slightly more than 3 percent of his salary.

    The fourth-year forward has missed 21 games this season with a hamstring injury he suffered Oct. 8 and aggravated at least twice since then. Boozer will not travel with the Jazz on their five-game trip which begins Friday at Indiana, and a return before January is extremely unlikely.

    That means he will surrender the bonus this season as well, a loss of 2.9 percent of his original paycheck. The deduction reduces the Jazz's salary-cap charge, too; since the bonus is no longer considered "likely," Boozer's salary counts only $11.26 million against the Jazz's payroll, which still surpasses a franchise-record $56 million. </div>

    Source
     
  2. J_Ray

    J_Ray JBB JustBBall Member

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    What a team player, he's being out and saving us money, when is he just going to ask to be traded to L.A.? [​IMG]
     
  3. Jurassic

    Jurassic Trend Setter

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    So basically, Boozer gets paid 11 mill to sit on his butt. On top of it he forfeits a few pennies and possibly gets put in a lower tax bracket?

    Poor guy [​IMG].
     
  4. DynastYWarrioR6

    DynastYWarrioR6 JBB SmurfY

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    Pick and Roll

    he <u>pick</u>ed this team and got out of Cleveland....and has done nothing but maintain to be a force on the pay<u>roll</u>.....yup good stuff
     
  5. Avery

    Avery JBB IDIOT!! GOSH!!!

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    Boozer is on the Jazz? [​IMG]
     
  6. J_Ray

    J_Ray JBB JustBBall Member

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    <div class="quote_poster">Quoting Avery:</div><div class="quote_post">Boozer is on the Jazz? [​IMG]</div>

    Ummm, ya [​IMG], seems like he isn't because he hasn't played in ages. Maybe we should send him to NBDL so he can learn how to play, not talent wise but just play!
     
  7. Avery

    Avery JBB IDIOT!! GOSH!!!

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    <div class="quote_poster">Quote:</div><div class="quote_post">Ummm, ya , seems like he isn't because he hasn't played in ages. Maybe we should send him to NBDL so he can learn how to play, not talent wise but just play!</div>

    I knew that, I was just being sarcastic. [​IMG]
     

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