Hey everyone, it’s your boy back again with another deep dive into the stuff we all scratch our heads about. Today, we’re talking about Damon Stoudamire’s contract. Yeah, you heard that right, the Mighty Mouse himself, now coaching the Georgia Tech Yellow Jackets. I got curious about this whole deal, especially after hearing he signed a five-year contract, so I rolled up my sleeves and got to work.
First thing I did was hit up the internet, just like any of us would. Typed in “Damon Stoudamire contract” and boom, articles everywhere. But you know how it is, sorting through all that info can be a pain. I saw mentions of his time with the Boston Celtics as an assistant coach, and that’s where he was before taking the head coach gig at Georgia Tech. March 2023, that’s when it all went down. They agreed to a five-year deal, starting from March 14 and going until April 30, which is standard contract stuff.
Here’s what I found out about the contract details:
- It’s a five-year contract.
- The contract starts from March 14, 2023, and ends on April 30, 2028.
Then I dug a bit more about Stoudamire himself. Turns out, this guy was the seventh overall pick in the 1995 NBA Draft by the Toronto Raptors. Played 13 seasons in the league, for teams like Toronto, Portland, Memphis, and San Antonio. Averaged 13.4 points per game. Not too shabby, right?
But what really caught my eye was seeing how coaching salaries are compared across the board. Like, did you know that Steve Kerr of the Warriors is the highest-paid coach in NBA history? He signed a two-year extension for $35 million. Makes you think about the kind of money these guys are pulling in.
Anyway, back to Stoudamire. I wanted to see how his contract stacks up. I found some info about adjusted salaries based on inflation, thanks to the U.S. Department of Labor Bureau of Labor Statistics. It’s interesting to see how the value of these contracts changes over time.
After putting all the pieces together, it’s clear that Stoudamire’s deal is a big one, not just for him but for Georgia Tech. They’re betting on him to bring the heat, and with his track record, both as a player and a coach, it seems like a solid move.
So there you have it. That’s my deep dive into Damon Stoudamire’s contract situation. Hope you guys found this breakdown useful. Catch you in the next one!
