Dirk Nowitzki Took A $15 Million Pay Cut, And Now He's The Lowest-Paid Starter On His Team
Tom Pennington/GettyDirk Nowitzki took a $15-million pay cut this offseason, reducing his annual salary from $22.7 million to $7.9 million.
He went from the 2nd-highest-paid player in the NBA to the 80th-highest-paid player in the NBA. Mark Cuban put the Dirk savings to good use. He gave Chandler Parsons a massive free agent deal and traded for Tyson Chandler. Going into the 2014-15 season, Dirk was making less money than three of his teammates (Chandler, Parsons, and Monta Ellis).
On Thursday night Dallas completed the first blockbuster trade of the season, acquiring Rajon Rondo from the Boston Celtics for Brandon Wright, Jameer Nelson, and draft picks.
As a result, Dirk now has the distinction of being the lowest-paid starter on his team.
The new Dallas starting five:
- Tyson Chandler ($14.9 million)
- Chandler Parsons ($14.7 million)
- Rajon Rondo ($12.9 million)
- Monta Ellis ($8.4 million)
- Dirk Nowitzki ($7.9 million)
Dirk is 36-years old, but he's still the focal point of the team. He didn't take a salary cut because he couldn't get more money elsewhere, he took it to help the team. If he took a deal that kept him as one of the highest-paid players in the league, there's no way the Mavericks could have added guys like Parsons, Chandler, and Rondo.
The team's success this year was made possible, in large part, to Dirk taking so much less money.
He won't let his teammates forget it either:
- Average housing prices up 10% in Jan-Mar across the top eight cities
- Top visa-on-arrival picks for Indian explorers
- 451 million voters! First four phases of Lok Sabha elections witness 66.95% voter turnout so far
- Best hill stations near Delhi to escape May's heatwave
- India to surpass Japan, become world's fourth largest economy worth USD 4 trillion, in FY25: EAC-PM member
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market