Sunday , Oct , 05 , 2008 C.Y. Ellis

Lamar Odom Not Paid as Much as Thought

 Lamar Odom’s contract is frequently reported to be for $14.1 million this season. Apparently that’s incorrect. $14.1 million is his salary cap number. In other words, how much his salary counts against the Lakers salary cap. His actual salary –how much he’s being paid by the Lakers this year — is $11.4 million, according to a team spokesman.

Odom received a significant amount of money from a ”trade kicker” clause in his contract after he was dealt from Miami, but that money was paid in a lump sum up-front. For salary cap purposes, it is parcelled out each year, but he is actually only being paid $11.4 million this season.