A hallmark of NBA contracts is that they’re fully guaranteed, but there are layers of complexity that shape how the league operates, and how teams are able to build out their rosters. Whether it be different levels of the infamous max contract, exceptions to exceptions, performance bonuses, and all the complications that the luxury tax brings, there is a world of red tape involved in how players move from team to team, and how they actually get paid. The Ringer’s Rob Mahoney breaks it all down in this new episode of Ringer PhD.
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