What’s the salary of young NBA player Jeremy Lin? The star Lin is really drawing attention, he need only 11 days with New York Knicks to create buzz around the world.
The Forbes said that the contract value of Jeremy Lin “was nailed down this week at $762,000”. Forbes added that “the intricacies of the NBA’s collective bargaining agreement and salary cap will likely limit Lin to a contract next year that starts around $5 million whether with the Knicks or someone else.” Forbes added, “He’ll earn 80% of that as the NBA lockout trimmed the 2011-12 season to 66 games from 82”.
As a comparison, 2011-2012 PayScale College Salary Report revealed that Harvard graduates salary is around $54,100 and by mid-career it’s $116,000. Wow, I think the compensation as NBA player has elevated Jeremy Lin above the average of Harvard Graduates. So, who’s actually Jeremy Lin?
Jeremy Lin’s facts & bio:
- Lin has boosting ticket prices across the NBA and triggered a sell-out at the Air Canada Center for the New York Knicks game against the Toronto Raptors (source)
- Jeremy Lin was born in August 23, 1988 in Los Angeles, California. Lin received no athletic scholarship offers out of high school, but Lin attended Harvard in 2006 and he graduated in 2010
- Lin is one of the few Asian Americans in NBA history, and the first American player in the league to be of Chinese or Taiwanese descent
- Lin had been staying with his brother, who is studying in New York, or on the couch of teammate Landry Fields. Now he will be able to look for a place of his own, as it looks like he will be in New York for some time to come (source)