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Anthony Davis Loses $24M for Failing to Make 2015-16 All-NBA Teams

The Association announced All-NBA teams Thursday, and Anthony Davis' absence from the three elite five-man units cost him the chance to earn an extra $24 million.

According to ESPN.com's Darren Rovell, the New Orleans Pelicans forward won't benefit from the collective bargaining agreement's Rose Rule escalator, which stipulates a player can make up to 30 percent of a team's salary cap on his first deal outside of the rookie scale if he wins MVP, qualifies for two All-NBA teams or is voted an All-Star starter twice.

Davis fell just short of the qualifications since he started in the 2015 All-Star Game and was named a first-team All-NBA member a season ago.