Originally posted on Crossover Chronicles  |  Last updated 7/20/13
The NBA's Board of Governors met in Las Vegas during the NBA Summer League to discuss several potential rule changes, the renaming of the Bobcats and the potential for new cities to host NBA franchises in the near future. There was also some accounting. Some odd accounting. The Oklahoma City Thunder were reimbursed roughly $15 million because of the uncertainty surrounding the new collective bargaining agreement when they signed Kevin Durant to a five-year extension in 2011. The number int he contract actually was not a set number, but rather tied to whatever the max contract in the new CBA was going to be. The kicker is that the new CBA added in the "Derrick Rose provision" which added increased raises and base salaries on the rookie extension if the player reached two All-NBA teams by the time the extension was agreed to. Oklahoma City inadvertently took advantage of this by signing Durant to his extension for a previously unknown amount before the new CBA and then designating Russell Westbrook for the five-year extension after the new CBA was approved. The result? Oklahoma City was set to pay Kevin Durant much more than the team had originally anticipated because all of a sudden Durant was eligible for a much larger extension. Without the Derrick Rose provision, which was not part of the CBA when Durant agreed to his extension, would have received much less than he is now. So the Thunder got paid back. Durant will still get his full $89.2 million salary. Just a portion of it will be paid for by the league. Then there is the Memphis Grizzlies. Or rather the state of Tennessee, the city of Memphis and the Grizzlies. Zach Lowe of Grantland discovered an interesting bit of tax somersaults that occurs in the Volunteer State. One of the strange tax bills players get is from the state of Tennessee. Tennessee charges players $2,500 players for each game they play within the state (they can only be taxed three times. As Lowe discovers though, that money does not even go to the state. It goes to the arena operators to help them make upgrades to the stadium and attract acts to the state. Of course, in both of these instances we are dealing with vasts amounts of money most of us could not even relate to. The joys of NBA accounting. [follow]

This article first appeared on Crossover Chronicles and was syndicated with permission.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Rondo fined $25K for attempting to trip Crowder

Logan Morrison curses out umpire CB Bucknor mid at-bat

Raptors jab Bucks on Twitter after Game 4 victory

Report: NBA GMs not hesitant to draft Lonzo Ball due to father LaVar

DeShone Kizer changes course, stands by Tom Brady-Cam Newton quote

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Nick Saban doesn't offer much praise of team for 'adequate' spring game

Dennis Schroder admits Mike Budenholzer wants him to avoid trash talk

WATCH: Miguel Sano throws punch as benches clear in Twins-Tigers game

Glen Coffee making NFL comeback after four years in Army, seven years away from game

Fan wears Clemson championship gear to Alabama spring game

NBA reportedly investigating incident involving Patrick Beverley, Thunder fan

The 'It's not good to play the King' quiz

Best of Yardbarker: David Fizdale and the Grizzlies won't go down quietly

Three Up, Three Down: Home run hitters are heating up

The 'Even the Browns can't mess this one up' quiz

25 times Mother Nature disrupted sports

In some ways, Dan Rooney was just another NFL owner

Box Score 4/20: When Westbrook isn't enough

The 10 best sports docs available for streaming

The '♫Happy Birthday Simpsons. Simpsons, it's your birthday♫' quiz

White House championship visits over the years

Biggest needs in the draft for every NFL team

The 'Baseball has been very, very good to its players' quiz

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

The 'It's not good to play the King' quiz

Three Up, Three Down: Home run hitters are heating up

The 'Even the Browns can't mess this one up' quiz

In some ways, Dan Rooney was just another NFL owner

The 10 best sports docs available for streaming

The '♫Happy Birthday Simpsons. Simpsons, it's your birthday♫' quiz

NBA Referee Hotline Bling: David Fizdale calls B.S.

Kris Bryant can become the next Derek Jeter — and more

The 'Baseball has been very, very good to its players' quiz

NHL youth movement: How the 2016-17 rookie class fared

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker