The Cavaliers signed free agent center Andrew Bynum to a two year contract worth $12.25 million this season, with a $12.54 million team option for next season.
It was initially thought that this year’s contract was guaranteed for only $6 million with incentives that could make the deal worth up to $12 million. Those incentives were believed to be tied to the number of games played.
ESPN’s Brian Windhorst is reporting that the contract is guaranteed for $6 million as originally thought, but that the final portion of the deal is not dependent on how many games Bynum does or doesn’t play, but whether he is on the roster after January 7th, 2014.
Andrew Bynum contract: $12.25M this year; $6M guaranteed. Becomes full if not waived by Jan. 7. $12.54M in 14-15 if not waived by July 10
— Brian Windhorst (@WindhorstESPN) July 22, 2013
According to this report, Bynum doesn’t have to play a minute to receive all $12.25 million dollars, he simply has to remain on Cleveland’s roster. The Cavaliers are hoping that Bynum’s rehab progresses and that he is able to resemble the all-star center of a couple years ago.
Bynum missed all of last season due to injury.