As reported by @mcten, the Los Angeles Lakers have signed Spencer Dinwiddie to the remaining portion of their non-tax mid-level exception for the 2023-24 season, with a base salary of $1,554,654. A unique aspect of Dinwiddie's contract is an incentive clause that awards him a $1 bonus if the Lakers win the NBA Championship. This unusual bonus has been explained by Dinwiddie as an inside joke between him and his agent, Jason Glushon of GSM. The inclusion of such a peculiar bonus has sparked discussions and amusement across various NBA platforms, with many finding humor in the minimal amount of the incentive compared to the significance of winning a championship.
Lakers win the title. Spencer Dinwiddie with his $1 bonus. https://t.co/9pFVQTAT4E
Spencer Dinwiddie's Lakers contract includes one of the weirdest bonuses in NBA history. 👀 He gets $1 extra if the Lakers win the championship 😭 📸:@basketballforever https://t.co/M6XSd3PjHW
Spencer Dinwiddie will be $1 richer if the Lakers win the NBA Finals 😂💰 https://t.co/zDWwGku1yq
If the Lakers win the title, Spencer Dinwiddie is walking away with A LOT of cash 😂 https://t.co/2aKEdp2lY5
Dinwiddie securing the bag if Lakers win the finals 😅💰 https://t.co/ggKWwXqwGu
Spencer Dinwiddie Explains Odd $1 Bonus in Lakers' Contract for Winning NBA Championship https://t.co/yZ19TGOyP9
Spencer Dinwiddie explains the $1 contract incentive bonus if the Lakers win the championship as sort of an inside joke that him and his agent, Jason Glushon of GSM, concocted https://t.co/a7ni5HN28j
Wild thing: 1970 NBA Finals - Knicks beat Lakers 1980 NBA Finals - Lakers beat 76ers 1990 NBA Finals - No Lakers, but in 1989 and 1991 Finals! 2000 NBA Finals - Lakers beat Pacers 2010 NBA Finals - Lakers beat Celtics 2020 NBA Finals - Lakers beat Heat. 2030 NBA Finals - ?
Spencer Dinwiddie to earn $1 bonus if Lakers win championship #SpencerDinwiddie https://t.co/lnZs5piZyJ
Me and the homies seeing that Spencer Dinwiddie's bonus for winning an NBA title is less than our bonus for Christmas😆😆 https://t.co/3Pbju1raB2
In a move completely on-brand for him, Spencer Dinwiddie's contract with the Lakers includes a truly bizarre bonus. @LakersSBN https://t.co/jzpRA4JMWD
As @mcten reported, the Lakers signed Spencer Dinwiddie to the remaining portion of their non-tax mid level exception. Here is the breakdown: Base 2023-24- $1,554,654 Incentive $1- If the Lakers win the NBA Championship