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Report: Spencer Dinwiddie’s Wizards contract includes $1 bonus for championship

Spencer Dinwiddie

NEW YORK, NEW YORK - JANUARY 04: Spencer Dinwiddie #8 of the Brooklyn Nets in action against the Toronto Raptors at Barclays Center on January 04, 2020 in New York City. Toronto Raptors defeated the Brooklyn Nets 121-102. 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 Mike Stobe/Getty Images)

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Spencer Dinwiddie joined the Wizards on a three-year, $54 million contract ($45,142,857 guaranteed).

Bobby Marks of ESPN:

It gets fully guaranteed if he plays more than 50 games in 21-22 and 22-23.
He’s got bonuses for games played. He’s got bonuses for Wizards reaching the playoffs, including winning the championship.
The bonus for winning a championship is a dollar.
1.5 million for playing 50 games or more.

Dinwiddie has been seeking creative contract terms both seriously and in jest for a while. Now represented by agent Jason Glushon, Dinwiddie found a clause that straddles the line and is finally actually permissible.

I tip my cap to Dinwiddie, who’s certainly skilled at getting his name into headlines. He’s also a good basketball player who should help Washington.

Win a championship? Probably not.

But if it ever happens, you can bet Dinwiddie will have a marketing plan ready involving a $1 bill.