Elfrid Payton

[Boomer]

with this set scale for rookies, what is the deal, or the incentive with the top 13 picks. I kept hearing references like "as long as he stays in top 13, he'll get........."
Besides scale difference, what's the difference in pick 10 and say pick 20?

-----So what did EP sign for as a #10???

[jllanclos]

So glad EP ended his holdout. Was really getting worried the Magic would have to do without a PG this season, since they seem to have cut all their other ones.

[DaddyCajun]

This is getting more awesome by the day! Geaux Elfrid! Congrats, young man, stay level headed, and make Damn sure whom ever you entrust with your money it is someone you have trusted for a very long time that you knew prior to any of this Preaux stuff!

Save your money until, invest it wisely, not in all these NEW friends that will pop up! Take care of your parents, set up your siblings an educational type account, keep the carrot out in front of them, NO sitting on their perverbial butts!

[Boomer]

This is getting more awesome by the day! Geaux Elfrid! Congrats, young man, stay level headed, and make Damn sure whom ever you entrust with your money it is someone you have trusted for a very long time that you knew prior to any of this Preaux stuff!

Save your money until, invest it wisely, not in all these NEW friends that will pop up! Take care of your parents, set up your siblings an educational type account, keep the carrot out in front of them, NO sitting on their perverbial butts!

---So let's play --What to do with EP's money--say he gets 3 mill-he gets to keep 2 mill----But does he get paid by the week, month , or bonuses----So he is Very Young--put money in Real Estate (home)---Stock (growth)---Muni Bonds (no tax)---BTW Florida has no state income tax---Does he have a girlfriend??? Never have seen him with a lady!! Don't spend bucks on her---Get a nice not fancy auto!!! Give UL some love when referring to your college and also some bucks---Did you graduate?? If not getter done!!!

[wcd35]

with this set scale for rookies, what is the deal, or the incentive with the top 13 picks. I kept hearing references like "as long as he stays in top 13, he'll get........."
Besides scale difference, what's the difference in pick 10 and say pick 20?

I'm not sure what the deal is as far as top 13. Top 14 is lottery in title only basically.

Here's a good article about the rookie contracts. Players can take anywhere from 80% to 120% of the number listed. Most get 120%.

http://www.forbes.com/sites/jasonbel...s-projections/

[BeauCajun]

-----So what did EP sign for as a #10???

See post #5.

[CajunJack55]

Payton was picked 10th overall, and that’s what his salary slot is, even though he was traded to the Magic on draft night.

His salaries will be as follows:

• For 2014-15, his salary is guaranteed at $2,397,840.
• For 2015-16, his salary is guaranteed at $2,505,720.
• For 2016-17, the Magic will have a team option of $2,613,600.
• For 2017-18, the Magic will have a team option of $3,332,340.

The Magic can submit a qualifying offer to Payton for the 2018-19 season for $4,538,647. If Payton were to decline the offer, he would become a restricted free agent, which would give the Magic the right to match any offer sheet Payton might sign with another team.

http://www.chicagotribune.com/sports...0,4437587.post

[Boomer]

http://www.chicagotribune.com/sports...0,4437587.post

----So I hope EP chooses this chart as it gives him $400K more his first year!!! Which is correct???

[axg8750]

So I hope EP chooses this chart as it gives him $400K more his first year!!! Which is correct???

Sounds like you're trying to audit EP before his first check clears!

Dude is making money! Bottom line.

[Boomer]

Sounds like you're trying to audit EP before his first check clears!

Dude is making money! Bottom line.

---Learned a long time ago---Tain't what you make--it is what you keep---I had heard that the LSU coach is paid through a corporation in Texas to avoid state sales tax!!