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Report: 76ers paying Doc Rivers about $8M salary

New 76ers coach Doc Rivers

LAKE BUENA VISTA, FLORIDA - AUGUST 30: Doc Rivers of the LA Clippers smiles as he leaves the court after beating the Dallas Mavericks in Game Six of the Western Conference First Round during the 2020 NBA Playoffs at AdventHealth Arena at ESPN Wide World Of Sports Complex on August 30, 2020 in Lake Buena Vista, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevin C. Cox/Getty Images)

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New 76ers coach Doc Rivers said he nearly took a break after his surprising ouster from the Clippers.

What made Philadelphia so appealing?

Joel Embiid’s and Ben Simmons’ talent, the 76ers already establishing themselves as winners and…

Brian Windhorst of ESPN:

Giving him what I heard was a pretty healthy five-year contract that was in line with what he was making with the Clippers, from what I am told, which was 8 million dollars a year.

The Clippers hired Rivers with a reported $10 million annual salary, but that was also to be team president. While just coaching, he signed extensions in 2018 and 2019. Maybe those included pay reductions.

Whether the exact figure is $8 million, $10 million or something in between, Rivers will be one of the NBA’s highest-paid coaches. Depending on the number of guaranteed seasons in that five-year deal, Rivers could rank even higher by total compensation due. (Coaching contracts often contain team options.)

This reflects well on 76ers owner Josh Harris. Rivers is an established good coach who can help advance Philadelphia.

Though the economic downturn causes by coronavirus still looms, this also raises expectations Philadelphia will follow through on its plan to pay the luxury next season. It’s hard to cry poor now.