Blog Entry

Kobe asked for $15 million from Italian club

Posted on: September 27, 2011 1:23 pm
 
Posted by Royce Young

Kobe Bryant was offered a hefty $6.7 million from Italian league team Virtus Bologna, which was the highest offer to any NBA player during the lockout. (That number is under some dispute with another report saying it was for $5 million.)

But it wasn't enough. Not what Kobe was looking for. According to Sportando and Bolognabasket.net, Kobe asked for a cool $15 million, before taxes, which would put it around $7.5 million. Which is obviously too much for the Italian team.

The original AP report noted that there were extensive negotiations going on.
Virtus Bologna general manager Massimo Faraoni tells The Associated Press he's been on conference calls between Bryant's agent, Rob Pelinka, Bologna president Claudio Sabatini and main sponsor Canadian Solar, which would provide the cash for such a deal.

"I think the fact that he's lived in Italy makes this appealing to him," Faraoni said.

Virtus has given Bryant four different contract options, stretching from the one-year deal to two-month and one-month options, and a per-game deal that would come out to $739,640 per home game.
As Ben Golliver of CBSSports.com noted, the $6.7 million offer would pay him 26.7 percent of what he was set to make in 2011-12 with the Lakers. Kobe's $25.2 milion next season, tops in the NBA.

Obviously Kobe's offer would include an NBA out, but climbing up towards the $15 million range is huge. And clearly way out of Virtus Bologna's price range. But right in Kobe's.
Category: NBA
Comments

Since: Sep 21, 2011
Posted on: September 27, 2011 8:27 pm
 

Kobe asked for $15 million from Italian club

Does anybody know the potential for endorsement deals in Italy?  That may make the lower offer more attractive.

My guess is that there are not as many deals to be had as their economy is much worse off than ours, and their population is only a small % of what ours is as well. 




Since: Oct 20, 2006
Posted on: September 27, 2011 3:49 pm
 

Kobe asked for $15 million from Italian club

Does anybody know the potential for endorsement deals in Italy?  That may make the lower offer more attractive.



Since: Jun 18, 2010
Posted on: September 27, 2011 3:20 pm
 

Kobe asked for $15 million from Italian club

I don't see how the players think playing in other markets is a realistic threat to the NBA owners. Kobe gets paid $25M by the NBA and if he took the owners' proposed 40% pay cut would make $15M.  So taking $5 or $6M to play in Italy is stupid and short sighted.  NBA owners know it won't last.  Players have to come back to them.



Since: Sep 21, 2011
Posted on: September 27, 2011 3:03 pm
 

Kobe asked for $15 million from Italian club

I think not playing over the next few months is a wise decision for Kobe, he is getting older and time off will help him in his ultimate goal of being considered the best player in NBA history. I think by asking twice what he was offered he, in essence saved face with the players association by opening up the door for other player to go overseas, while at the same time he was able to take much needed time off to recover and get ready for the final push in his career. 



The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com