Not sure if anyone posted this, It's Hoopsworld so it's probably bs. http://www.hoopsworld.com/nba-am-several-teams-making-offers
Re: 2013 Official NBA Off-season Movement & Rumors (Merged threads) WE have only 9 mil to offer. I don't expect that to be anything Minny won't match.
Re: 2013 Official NBA Off-season Movement & Rumors (Merged threads) Massive offer how? We have 9 million left. Minnesota would send us a damn fruit basket if we offered and he signed a 9 million dollar offer. Maybe a S&T I guess?
Re: 2013 Official NBA Off-season Movement & Rumors (Merged threads) How can we offer a MASSIVE deal with just under 9m to spend? 9m a year for 18 years?
Re: 2013 Official NBA Off-season Movement & Rumors (Merged threads) They'd have to get rid of Freeland at least, right? I think they would easily match only 9 mil.
Well, he's definitely an upgrade over Hickson, but I feel like there's still quite a few holes that need to be filled.
So why haven't media from either place mentioned this? You'd think Haynes would have at least tweeted something.
No, we can not. That deal was only set up that way because of the Gilbert Arenas provision. But Pek doesn't fall under that category, because he has full bird rights from his deal.
Calling him an upgrade over Hickson is like saying Lillard is an upgrade over Nolan. Understatement of the year.
Honestly, if they were able to sign Pekovic and not give up anything (literally have no idea how that would happen) All they'd be missing is a vet back up 3 and vet 3rd PG Pek / Jeff / Leonard Aldridge / Robinson / Freeland Batum / Claver Matthews / McCollum / Barton / Crabbe Lillard / McCollum
Apparently "poison pill" is something else - this would be a "toxic" deal (so I read somewhere). Presumably that's the intent. And I hope the answer to "how do we have the money to do this?" isn't "because we just traded Aldridge."
I'm still not convinced that CJ is a point guard. I really liked seeing Lillard get some time at the two spot when we brought in Maynor. I guess we'll see more when SL starts.
Really? I didn't know that. Could you explain further? Chicago could still have matched Asik, though, so presumably the only reason they didn't is because it was too rich for their blood, so wouldn't the same apply? What could Morey do that we couldn't?
It's the type of free agent Asik was, compared to Pek. all offers for Asik(and Lin) HAD to start at the MLE amount, in order to give their current teams the ability to match the offer legally. However, because Houston had the ability to offer more, only the first 2 years of the deal equalled the MLE. The third year would then be the remaining amount. So on a 25 million dollar offer, it HAD to be 5, 5, then 15. But for them, it spreads out evenly. This was the case because Asik was a 2nd roundeer, and coming off of just a 2 year deal. Pekovic had a 3 year contract, so that doesn't apply to him.
44. What is the "Gilbert Arenas" provision? Before 2005 it was sometimes possible to sign restricted free agents to offer sheets their original teams couldn't match. This happened when a player was an Early Bird or Non-Bird free agent (see question number 25) and the team didn't have enough cap room to match a sufficiently large offer. For example, Gilbert Arenas was Golden State's second round draft pick in 2001, and became an Early Bird free agent in 2003. Golden State could only match an offer sheet (or sign Arenas directly) for up to the amount of the Early Bird exception, which was about $4.9 million at the time. Washington signed Arenas to an offer sheet with a starting salary of about $8.5 million, which Golden State was powerless to match. This loophole was addressed starting with the 2005 CBA (although not closed completely -- see below). Teams are now limited in the salary they can offer in an offer sheet to a restricted free agent with one or two years in the league. The first-year salary in the offer sheet cannot be greater than the Non-Taxpayer Mid-Level exception (see question number 25). Limiting the first-year salary in this way enables the player's original team to match the offer sheet by using the Early Bird exception (if applicable -- see question number 25), or Non-Taxpayer Mid-Level exception (provided they have it and haven't used it already)1. The second-year salary in such an offer sheet is limited to the standard 4.5% raise. The third-year salary can jump considerably -- it is allowed to be as high as it would have been had the first-year salary not been limited by this rule to the Non-Taxpayer Mid-Level exception2. The salary in the fourth season may increase (or decrease) by up to 4.1% of the salary in the third season. The offer sheet can only contain the large jump in the third season if it provides the highest salary allowed in the first two seasons, it is fully guaranteed, and it contains no bonuses of any kind. If the raise in the third season exceeds the standard raise (4.5% of the salary in the first season of the contract), then an additional restriction exists. In order to determine how large the offer can be, the team doesn't just have to fit the first-year salary under the cap. Instead, they must fit the average salary in the entire contract under the cap. So a team $8 million under the cap is limited to offering a total of $24 million over three years, or $32 million over four years. If the offer sheet does not contain a third-season raise larger than 4.5% of the first-season salary, then they only have to fit the first season salary under the cap. Putting this all together, if a team that is $9 million under the cap in 2011-12 wants to submit a four-year offer sheet, and wants to provide a large raise in the third season, they can offer a total of $36 million over four years. The first-year salary is limited to the Non-Taxpayer Mid-Level exception, or $5 million. The second-year salary will be $5.225 million (4.5% raise). This leaves $25.775 million to be distributed over the final two seasons of the contract, with a 4.1% raise from year three to year four. So the entire contract looks like this: Season Salary Notes 1 $5,000,000 Non-Taxpayer Mid-Level amount for 2011-12 2 $5,225,000 4.5% raise over season 1 3 $12,628,613 This is the amount that yields $25.775 million over the final two seasons with a 4.1% raise3 4 $13,146,387 Raise is 4.1% of season 3 salary Total $36,000,000 Average is $9 million, which equals the team's cap room For the team making this offer, this contract would count for $9.0 million (i.e., the average salary in the contract) of team salary in each of the four seasons if they sign the player. If the player's prior team matches the offer and keeps the player, then the actual salary in each season counts as team salary.4 The player's original team is allowed to use any available exception (e.g., the Non-Taxpayer Mid-Level or the Early Bird) to match the offer. Since a team must fit the average salary from the entire contract under the cap in order to offer the large third-season raise, it must have some amount of cap room above the Non-Taxpayer Mid-Level exception amount in order to utilize this provision. For example, suppose the Non-Taxpayer Mid-Level exception amount is $5 million, and a team wants to provide a four-year offer sheet. If they want to offer a third-year raise greater than 4.5%, their cap room will be determined by the contract's average salary, so the total contract must pay $20.4 million or less. However, since a four-year offer starting at $5 million with standard 4.5% raises would total $21.35 million, the Arenas provision would be ineffective unless it offered more than this amount. So the team in this example would need at least $5.3375 million in cap room in order to utilize the provision. As I said above, the loophole was addressed with this rule, but not closed completely. The Gilbert Arenas provision is primarily intended to protect teams from losing their successful second round picks, who are typically Early Bird free agents after two years. There are several situations where a team still might be unable to match an offer sheet: If the player is a Non-Bird free agent, the team only has the Taxpayer Mid-Level exception, and the offer sheet is higher or for more years than allowed by the Taxpayer Mid-Level exception. If the player is a Non-Bird free agent and the team already used their Non-Taxpayer Mid-Level exception to sign another player. If the player is a Non-Bird or Early Bird free agent with three years in the league (this rule applies only to players with one or two years in the league). If a team has two Non-Bird free agents with one or two years in the league. They can use their Non-Taxpayer Mid-Level exception to keep one of them, but would lose the other. 1 Teams can also use cap room to match, of course. 2 To determine whether the team has enough cap room to offer a contract with a substantial increase in the third season, they compare the cap room to the average salary in the offer sheet. 3 If you want to know how I got that exact amount, you solve for (4R - 2.045E) / 2.041. R is the room the team has under the cap, so the entire four-year contract pays 4R. E is the Non-Taxpayer Mid-Level Exception amount, which is the maximum the team can offer in the first season. The second season has a 4.5% raise, and the first two seasons together account for E + 1.045E, which is 2.045E. So the last two seasons total 4R - 2.045E, and with a 4.1% raise from year three to year four, we can say (if Y is the year 3 amount) Y + 1.041Y = 4R - 2.045E, so the year three amount is (4R - 2.045E) / 2.041. 4 If a player signed pursuant to the Gilbert Arenas provision is later traded, his trade value is equivalent to his cap amount, and new team inherets the same cap hit as the team that traded him. In other words, if the player goes to the team submitting the offer sheet and that team later trades him, the average salary of the contract is charged to his new team's cap. If instead the player's original team matches the offer sheet, keeps the player, and subsequently trades him, the player's actual salary is charged to his new team's cap.
Whew - but as Chicago COULD match, this wasn't one of those cases was it? Same with Lin, right? NY could have matched.
