One of the biggest issues in the NFL right now is the amount of money rookies are paid. The astronomical prices are causing the NFL and the NFLPA to consider adding a rookie wage scale which would minimize the money rookies get and distribute the money to the veterans.â†µ
The NBA used to have this problem before they devised a slotting system for their rookies.â†µ
However, in that slotting system, there's some wiggle room. NBA teams are given a number from the NBA for the slotting system with their draft picks. They can then choose to offer that player anywhere from 20 percent more or less of that number.â†µ
So what's the holdup with Henry?â†µ
Most teams generally give the player the 20 percent as a sign of good faith, or at least make it easy for him to earn it through incentives like workout bonuses. But a few don't. Memphis has become one of those few. The Grizzlies are offering Henry the exact amount he's due under the CBA -- $1,683,500, according to the union's own numbers. And they're giving him a chance to earn the extra 20 percent --$333,700 -- by playing a certain number of minutes next season.â†µ
Memphis doesn't have its other first round picks signed, either, so this isn't a case of just Henry being difficult.â†µ
So he's not yet officially in the NBA.