NBA Lockout: 10 Players Who Stand to Lose the Most Money
Kobe Bryant, Carmelo Anthony and Amar'e Stoudemire are among those who will reportedly lose out on up to $1.9 million due to the two weeks of canceled games.
Earlier this week, the NBA announced it was canceling the first two weeks of the season after two days of negotiations failed to yield any progress between the owners and players in their labor dispute.
The sticking point in the negotiations was reportedly how the team owners and their players would split the $4 billion in revenue generated annually by the league.
NBA commissioner David Stern told the Associated Press that after two straight days of negotiations, both sides were "very far apart on virtually all issues. ... We just have a gulf that separates us."
So which players stand to lose the most money as the lockout starts?
Brian Reed of InvestingAnswers.com conducted a survey for Yahoo's Post Game blog, looking at who will lose the most per paycheck. (His methodology consisted of dividing each player's 2011-12 salary into 13 biweekly paychecks to find out what they earn every two weeks of the season.)
According to Reed, Los Angeles Lakers star Kobe Bryant will take the biggest hit. Bryant, the highest-paid player in the NBA, signed a three-year, $83.5 million extension in April, which means he will lose out on $1.9 million for the two weeks of canceled NBA games.
He's not the only Laker who made the top 10: Pau Gasol came in at No. 7 with $1.4 million per paycheck.
Landing at No. 2 on the list was Rashard Lewis with $1.7 million per paycheck. The Washington Wizards player's contract calls for him to earn $22.1 million this season.
Rounding out the top three was Tim Duncan of the San Antonio Spurs, who has a $21.3 million contract that gives him about $1.6 million per paycheck.
Meanwhile, if the lockout persists into the new year and threatens a full playoff schedule, the NBA's broadcast partners, including ABC/ESPN and TNT, could suffer substantial financial losses as well. Advertisers reportedly spent $807 million on NBA broadcasts last season, though most lucrative advertising occurs during the playoffs.
The complete list of players who stand to lost the most follows:
1. Kobe Bryant, Los Angeles Lakers, $1.9 million per paycheck
2. Rashard Lewis, Washington Wizards, $1.7 million
3. Tim Duncan, San Antonio Spurs, $1.638 million
4. Kevin Garnett, Boston Celtics, $1.630 million
5. Gilbert Arenas, Orlando Magic, $1.48 million
6. Dirk Nowitzki, Dallas Mavericks, $1.47 million
7. Pau Gasol, Los Angeles Lakers, $1.44 million
8. Carmelo Anthony, New York Knicks, $1.42 million
9. Amar'e Stoudemire, New York Knicks, $1.40 million
10. Joe Johnson, Atlanta Hawks, $1.39 million