The structure of Ben Simmons‘ contract may embolden him in his plans to hold out from the Sixers, Marc Stein of Substack writes in his latest newsletter. As Stein explains, Simmons received 25% of his 2021/22 salary on August 1 and will receive another 25% on October 1, meaning he’ll already have earned half of his $33MM salary for the season by the time the preseason starts.
League rules permit the Sixers to assess substantial fines for each game he misses during his holdout (approximately $228K per game), but Stein suggests those fines won’t be docked from Simmons’ pay until November, after the first pay period of the regular season. If Simmons was on a more traditional payment schedule, those fines would be more costly, but it will take a while for them to put a dent into the $16.5MM he’ll already have earned this season.
Here’s more from Stein:
- Don’t expect the Sixers and Simmons to follow the blueprint that Al Horford and the Thunder or John Wall and the Rockets have, according to Stein. While those rebuilding teams were comfortable holding out their veteran players until they found a suitable trade partner, the 76ers continue to try to convince Simmons to report to training camp and have “zero interest” in reaching a mutual agreement to allow the three-time All-Star to remain away from the team, says Stein.
- According to Stein, many of the teams that have engaged the Sixers in Simmons trade talks – including the Timberwolves, Raptors, Spurs, Cavaliers, and Kings – typically aren’t major players in free agency, and like the idea of securing a young impact player who is under contract for four years. However, most of those teams don’t have stars that would interest Philadelphia, or have made them unavailable in trade negotiations (such as the Wolves with Karl-Anthony Towns and Anthony Edwards, or the Kings with De’Aaron Fox).
- The NBPA has enlisted Chicago-based search firm Heidrick & Struggles to help seek out a new executive director to replace Michele Roberts, according to Stein, who says that “well-placed observers” believe Roberts’ replacement could be an unexpected selection who hasn’t yet been publicly identified.
- Stein, who previously named Malik Rose as a candidate to become the NBPA’s executive director, suggests Noah Croom, Arne Duncan, Nichole Francis Reynolds, Pat Garrity, and Mark Termini are other viable contenders for the job. Croom and Garrity are veteran team executives, Termini is a longtime player agent, and Duncan and Reynolds work outside of the NBA in education/politics and business, respectively.