Despite $325 Million Worth 21-Year NBA Career, Retired Celtics Legend Kevin Garnett?s $5 Million League Ties Brought to Light

Kevin Garnett is widely considered one of the best ?big men? to ever play in the NBA. Standing at a towering 7 feet, he was a skillful midrange shooter with the ability to finish at the rim with a lot of contact. He was also one of NBA?s elite and most ruthless trash talkers of all time. He played with a lot of heart and gave it his all in every game he played in.

In a recent social media post, the retired Boston Celtics legend’s $5 million league ties were brought to light.

Kevin Garnett?s current relationship with the NBA

Kevin ?Big Ticket? Garnett was one of the most popular players in the league during his time. His showmanship and nonchalant personality reeled in a lot of business for the NBA and every franchise that he played under. Fans would pay an exorbitantly high amount of money to watch the NBA Hall of Famer play, earning him the nickname ?Big Ticket?.

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In a recent Instagram post of ?Sportscenter? and ?ESPN?, it was stated that, ?Kevin Garnett still gets paid $5 million every year till 2024.?. The caption of the Instagram post explains, ?The Celtics still owe Kevin Garnett $35 million over the course of seven years after he retired as the result of deferred salary.?.

Despite earning a whopping total of $325 million during his 21-year NBA career, the Boston Celtics legend gets paid $5 million by the NBA to this day, but how?

Kevin Garnett?s Case of a ?Deferred Salary?

A ?deferred salary? simply means that instead of paying the professional athlete the promised amount in the initial contract, the ?deferred salary? clause in the contract will ensure that the athlete gets paid over a stipulated period of time.

This is done so that professional sports team can easily and efficiently delegate their funds to their players. Two sources told NBA.com that the former Celtics forward will still receive $35 million even after he retires. After retiring in 2016, he’ll be due $5 million annually for seven years. This is the result of the deferred salary that Kevin Garnett got in each of his past two contract extensions, thanks to agent Andy Miller.

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What are your thoughts on Kevin Garnett still getting paid more than some current NBA players? Let us know in the comments below!