TA reporter Pablo Torre broke the news on a podcast show that there is a yin-yang contract between Clippers star Leonard and boss Ballmer to evade the salary cap. Details >>>TA reporter revealed that Ballmer & small card signed a Yin-Yang contract to avoid the salary cap. The small card got 28 million extra out of thin air
It is worth mentioning that there are indeed Yin-Yang contracts in NBA history, with the protagonists being the Timberwolves and Joe Smith.
Joe Smith was selected by the Warriors as the No. 1 pick in the 1995 draft. In the second season, he averaged 18.7 points, 8.5 rebounds and 1.6 assists per game. The Warriors gave him a contract extension of more than 80 million yuan, but he refused the contract and told the team that he wanted to play in the East. The Warriors traded it to the 76ers in the mid-97-98 season. The NBA was suspended at the end of the season. After the recovery, Smith joined the Timberwolves with a one-year contract of 1.75 million, and then signed two consecutive one-year contracts with the Timberwolves, so that the Timberwolves could get Smith's Bird rights and could renew his contract with him on the salary cap.
"After becoming a free agent, the Timberwolves was one of the teams I wanted to go to," said Joe Smith. "Because of the lineup at that time (it was very suitable), they wanted KG to play the third position, and I played the fourth. In order to get my Bird rights, I had to sign a three-year contract. After that, I planned to sign a long-term contract, but my agent privately reached an agreement with my boss without telling me. Three years later, I will get a 6-year, 86 million contract. This matter went to court, but it had nothing to do with me."
This matter was exposed after Smith's agent Andrew Miller left Eric Fleisher's agency. Miller continued to work for Smith and Garnett after leaving. Fleisher filed a lawsuit, and the details of the Yin-Yang contract were exposed. Stern, then president, imposed a heavy fine on the Timberwolves, fined 3.5 million yuan and confiscated all the team's first round picks (the final return of 03 and 05), and suspended the boss Taylor and general manager Mike Hale.
For Smith, Stern canceled his three contracts with the Timberwolves (Bird Rights) and gave him two choices: renew his contract with the Timberwolves but suspended for one year or play for another team for one year, and can return to the Timberwolves in the future. Smith was then sent to the Pistons, and one season later he returned to the Timberwolves and renewed a six-year, 34 million contract with the team.
However, he didn't play for long in the Timberwolves, and two years later he was traded to the Bucks. Smith played for the Timberwolves for four seasons, averaging 10.3 points, 6.3 rebounds, 1.1 assists, 0.5 steals and 1.1 blocks, with a shooting percentage of 46.7%. Throughout his career, Smith's salary was $61 million.
source:vn 7msport