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Haywood left tread marks fleeing for the 1970–71 Sonics after realizing his quote-unquote three-year, $450,000 Denver contract only paid him $50,000 per year, then another $15,000 annually for twenty years starting when he turned forty. He had been victimized by a brilliant ABA trick called the Dolgoff plan, in which they offered contracts with deceivingly high dollar figures but backloaded most of the deals.
The Book of Basketball: The NBA According to The Sports Guy
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