- NBA max contracts artificially distort salaries, with superstars (i.e.
- LeBron James) being underpaid to the benefit of “good players” (i.e.
- Greg Monroe).
- Since owners don’t have to pay superstars their true value, there’s more money to spend on “good” players.
- The max deal was instituted after the 1998 NBA lockout; owners were concerned about escalating salaries being given to players such as Kevin Garnett (6 yr./$126M deal signed in 1997 at age 21).
Max money explained: For every Anthony Davis, there’s a Greg Monroe – CBSSports.com
(07/09/2015)
