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Contract Value

All articles tagged with #contract value

sports15 hours ago•5 min saved

Wembanyama inks five-year, $252M extension to anchor Spurs' future

San Antonio Spurs star Victor Wembanyama and the team agreed to a five-year rookie extension worth about $252 million, starting in 2027-28 and pegged at 25% of the NBA salary cap. The 22-year-old่ led San Antonio to the Finals in his first playoff run, averaging 25 points, 11.5 rebounds, 3.1 blocks and 3.1 assists per game, earning First-Team All-NBA and finishing third in MVP voting, positioning him as the franchise’s long-term centerpiece while preserving cap flexibility for future moves.

via The New York Times|

#contract-value #nba #rookie-extension

sports2 months ago•4 min saved

Phillies release Taijuan Walker after eight-game slide; fans cheer on social media

The Phillies released pitcher Taijuan Walker following an eight-game losing streak, with Nolan Hoffman recalled and Alan Rangel optioned. Fans flooded X with celebratory posts, reflecting relief over Walker’s underwhelming Philadelphia tenure and his costly four-year, $72 million contract.

via NBC Sports Philadelphia|

#contract-value #mlb #philadelphia-phillies

sports3 months ago•2 min saved

Rasheed Walker’s Free-Agent Fallout Highlights a Sluggish Left-Tackle Market

Rasheed Walker, the Panthers’ left tackle, failed to land the big free-agent deal analysts expected as the NFL’s left-tackle market cooled this cycle. Projections had him around four years, $82 million, but the actual deal came in at about $10 million APY—roughly 12% of Dan Moore Jr.’s total package and 49% of Moore’s APY—marking the biggest surprise of the free-agency period. The outcome also affects Green Bay’s compensatory-pick outlook: Moore’s deal would have nudged Walker toward a third-round pick, whereas Walker’s deal leaves Green Bay with a sixth-round (potentially fifth with playing time) outcome.

via Acme Packing Company|

#contract-value #left-tackle #nfl-free-agency

sports4 months ago•2 min saved

Geno Smith gamble costs Raiders a draft pick and $58.5 million for 15 games

The Raiders traded a third-round pick and paid Geno Smith $58.5 million for 15 games, a high-cost gamble that produced only two wins and underscored deeper issues with the team's roster and quarterback planning.

via NBC Sports|

#contract-value #geno-smith #las-vegas-raiders

sports1 year ago•2 min saved

Ohtani's Historic Season: Dodgers' $120M Bargain and World Series Triumph

Shohei Ohtani's first season with the Los Angeles Dodgers has been a financial boon, generating $120 million in additional revenue for the team through marketing deals, despite his $2 million salary. Ohtani's historic performance, including hitting 50 home runs and stealing 50 bases, helped lead the Dodgers to a World Series victory and increased their brand value significantly. His contract is considered one of the best returns on investment in sports history, highlighting his immense value beyond the field.

via Outkick|

#contract-value #los-angeles-dodgers #mlb

sports3 years ago•1 min saved

The Financial Fallout of Will Levis' NFL Draft Slide.

Will Levis, who was once projected to be the second overall pick in the 2023 NFL Draft, fell to the second round and was eventually picked up by the Tennessee Titans. The financial impact of his draft slide is significant, as he will earn just under $25 million less than the fourth overall pick in the draft. Despite the setback, Levis will have the opportunity to learn from veteran quarterback Ryan Tannehill in Tennessee.

via CBS Sports|

#contract-value #indianapolis-colts #nfl-draft