Brandon to be amnestied

[Mediocre Man]

I figured as much, since there was no other way to sign Crawford to that amount otherwise

 

[The_Lillard_King]

How much money did signing Crawford actually cost PA. Does Crawford contract takes us more into luxury and does having to amnesty Roy cost PA extra?

Ahh . . . who cares. Crawford is probably good for a few wins. And you know this makes LA a happy camper . . . no talks of trade demands from our franchise player.

 

[ironcrotch]

I'm hoping someday in the near future the franchise and the fans can give him a proper good bye and thank you.

 

[Nikolokolus]

How much money did signing Crawford actually cost PA. Does Crawford contract takes us more into luxury and does having to amnesty Roy cost PA extra?

Ahh . . . who cares. Crawford is probably good for a few wins. And you know this makes LA a happy camper . . . no talks of trade demands from our franchise player.

Actually they're going to save money, because even with Crawford's contract they'll be below the tax line, so we're no longer shelling out ~10 million in tax payments this year.

 

[The_Lillard_King]

Actually they're going to save money, because even with Crawford's contract they'll be below the tax line, so we're no longer shelling out ~10 million in tax payments this year.

Even more of a bonus!

Seen your argument for the team having to suck to really get better. Don't agree but I get whta you are saying. But what about LA demanding a trade if this team really does tank. In today's NBA, taht is real possiblity. Worth the risk?

 

[BrianFromWA]

but PA might also be on the hook for the 64M left on Brandon's contract, rather than the insurance company if Roy was medically retired. But no one's been clear on whether or not PA had an insurance policy on Roy OUTSIDE of the League's global coverage (which Roy didn't qualify for) that covers PA if Roy doesn't play for any reason whatsoever.

 

[Further]

Correct me if I'm wrong, but insurance will pay the same regardless if Roy was amnestied or not?

 

[BoBoBREWSKI]

Link... source?

 

[Nikolokolus]

Even more of a bonus!

Seen your argument for the team having to suck to really get better. Don't agree but I get whta you are saying. But what about LA demanding a trade if this team really does tank. In today's NBA, taht is real possiblity. Worth the risk?

I actually think you could get LA on board. Players understand better than anybody else what it takes to win (and I mean WIN!) and that usually means a team having more than 1 guy who needs to be double-teamed. Of course nobody likes to lose, but with a light at the end of the tunnel (whether that's a trade for a star, drafting a future star or a free agent acquisition) it wouldn't be too hard to sell.

In any case LA would have no leverage for another 3 years or so to demand a trade because of his contract status.

 

[BrianFromWA]

I'll find all the sources again, they're buried in one of the threads, but here's the gist:

1) Roy never qualified for the League Insurance policy.

A league executive told me on Wednesday that Roy has minimal trade value right now because the league-mandated insurance policy that covers Roy's $80 million contract has an exclusion for his knees because it was a pre-existing knee condition.

Also, when the Blazers signed Roy to that maximum contract, they didn't take the shrewd step of writing an exclusion into the deal for his knees. That alone has to make you wonder.

"Roy's a good player," the executive said, "but I can't sell that trade upstairs with no insurance on the knee."

2) Speculation was that PA took the money that Roy wasn't guaranteed his final year (~7M, iirc) and bought into the insurance policy.

The other thing, that Larry Miller was a big part of, is one the last year of Brandon's deal we made about a significant portion of it non-guaranteed and used that money -- that hold-back -- as a secondary insurance policy. Brandon's fully insured

3) If Roy was just a regular guy like Chauncey Billups or Outlaw who got amnestied, PA would be on the hook for every dime of Roy's contract.

The franchise still has to pay the contract, but none of it gets counted against the cap.

4) If there was a medical retirement (like Miles), or even just a season-ending injury (like LaFrentz or Joel), the insurance policy would kick in after 1/2 the season missed and pay 80-85% of the salary until the player played again or the contract ran out.

LaFrentz has what NBA GMs are calling a "super-expiring contract." Not only does his $12.7 million salary come off the books this summer, but insurance is paying 80 percent of it.

No one has reported the details of the insurance policy yet (that I've seen). If Roy was just plain amnestied, PA owes 64M out of his pocket. If a medical retirement was allowed, and the policy was the same guidelines as the NBA one that Roy didn't qualify for automatically, PA would only have to pay 15-20% of Roy's contract ($10M or so), meaning that medical retirement vs. amnesty could save PA 50M.

Again, it's all up to the details of the insurance policy.

 

[Trader Ed]

as I mentioned a few days ago... I thought they would. It just seemed to the logical way to go to add someone else.

 

[PtldPlatypus]

Correct me if I'm wrong, but insurance will pay the same regardless if Roy was amnestied or not?

Link... source?

The insurance money owner Paul Allen would save is the same whether he is amnestied or medically retires

 

[BrianFromWA]

why would it be, Jason Quick? If we would've amnestied LMA or Camby, and they didn't play this year, no insurance would've paid that.

 

[BoBoBREWSKI]

Any reliable sources confirming this?

 

[THE HCP]

Quick isn't reliable enough for you?

 

[BrianFromWA]

Well, Coach Iavaroni called and confirmed it, so I feel better.

 

[magnifier661]

I wonder how Roy is going to take this? Seriously...

 

[ironcrotch]

I wonder how Roy is going to take this? Seriously...

In typical Roy fashion.

jwquick: Agent Greg Lawrence says Roy "at peace" w/amnesty decision. "It gives some closure. It makes him happy it allows them to sign a player."

 

[Nikolokolus]

I wonder how Roy is going to take this? Seriously...

He's got 63 million reasons not to care one bit ... hell, he's the one who announced his retirement last week.

Repeat after me, "everything's gonna be OK."

 

[magnifier661]

In typical Roy fashion.

jwquick: Agent Greg Lawrence says Roy "at peace" w/amnesty decision. "It gives some closure. It makes him happy it allows them to sign a player."

OMG, almost brought a tear to my eye. Man all those posts about Roy being some primodanna is surely backfiring.

 

[Carlito]

Wonderful player and will always be a blazer. Gonna miss him.


Nik is right though... Gotta move on.

 

[BLAZINGGIANTS]

I love Roy, I really do. He meant a lot to this organization. But he is still getting paid, and he's unable to play and fulfill the contact. So for me, I don't really care what he feels about it. I am happy he has accepted it. But ultimately, there's nothing Roy can do to help us any further, he's still getting paid, so beyond that, what Roy should not be a concern when the organization is trying to build a team and run a business.

 

[Boob-No-More]

why would it be, Jason Quick? If we would've amnestied LMA or Camby, and they didn't play this year, no insurance would've paid that.

I'm not Jason Quick (thank GAWD), but it makes logical sense. The insurnace policy would cover Roy's inability to play due to injury. It has nothing to do with the NBAs amnesty policy, which didn't even exist when the insurance policy was purchased. They are two separate events. Roy is being amnestied because he is no longer able to perform at a level commensurate with his contract. The reason he can't perform at that level is knees damaged so badly that he is is seeking medical retirement. Roy is retiring for medical reasons, independent of whether, or not, the Blazers use the amnesty clause for luxury tax relief.

Of course, you can also use the amnesty clause on a healthy player who no longer fits your plans. But, that healthly player would not be eligible for medical retirement, and therefore, their salary would not be paid by an insurance policy that covers a player forced to retire for medical reasons.

BNM

 

[BoBoBREWSKI]

It's official:

TRAIL BLAZERS DESIGNATE ROY CONTRACT FOR AMNESTY ​

PORTLAND, Ore. - The Portland Trail Blazers have requestedwaivers on guard Brandon Roy and designated him as the team's amnestyplayer, the team announced today.

"Brandon's announcement that he is leaving the game ultimately shifted ourdecision to amnesty," said Trail Blazers Acting General Manager ChadBuchanan. "We're given the immediate option to obtain additionalsalary cap flexibility as we will no longer be in the Luxury Tax - somethingthat is critical to improving our team and helping us recover from the loss ofa player of Brandon's caliber."

Roy, 27, played five NBA seasons for the Trail Blazers, cementing himself asone of the greatest players to ever suit up in Portland with career averages of19.0 points, 4.3 rebounds, 4.7 assists, 1.03 steals and 35.6 minutes in 321career games (295 starts).

"When faced with this decision, it made the most sense for us to amnestyhis contract," said Trail Blazers President Larry Miller. "Wehave a solid core group of players that we want to continue to build around. Weowe it to our fans to put the best possible product on the court and this putsus in a better position to do that sooner rather than later. We once again wantto thank Brandon for his many contributions as a Trail Blazer and wish him thebest in his life after basketball."

Roy led the Trail Blazers in scoring in three consecutive seasons from 2007-10.He became the first Trail Blazer since 1991-92 to rank among the NBA's top 10scorers when his 22.6 points per game ranked 10th in the league in 2008-09.

In just five seasons with the Trail Blazers, Roy ranks 15th on the team'sall-time scoring list with 6,107 career points. On Jan. 10, 2010, Roy becamethe third-fastest Trail Blazer to record 5,000 career points (247 games). Healso ranks 12th among Portland's all-time leaders in career assists (1,494) and10th in 3-point field goals (322).

In 15 career playoff appearances (seven starts), Roy averaged 16.3 points, 3.3rebounds and 2.6 assists in 30.6 minutes. In his first career postseason, heaveraged 26.7 points in six games in 2009. His 42 points in Game 2 vs. Houstonwere the most by a player in his first or second career playoff game in NBAhistory.

A three-time NBA All-Star (2008-10), Roy earned All-NBA Second Team honors in2008-09, becoming the first Trail Blazer to garner All-NBA honors since ClydeDrexler did so in 1991-92. He was a five-time winner of the WesternConference's Player of the Week award, joining Drexler as the only players infranchise history to win the award five times.

Acquired by Portland in a draft-day trade with Minnesota, Roy was the sixth overallselection in the 2006 NBA Draft out of the University of Washington.

 

[magnifier661]

I hope we retire his number.

 

[e_blazer]

I know it's the logical decision by the Blazers, but that doesn't make it any less painful for me as a fan to see Brandon officially removed from the Blazers. Too bad...

 

[Nikolokolus]

I hope we retire his number.

At this rate there will be no numbers left for players in 40 years.

 

[THE HCP]

I heard Jamal said he would only sign if he could get #7!

 

[magnifier661]

At this rate there will be no numbers left for players in 40 years.

Not Roy's fault we retired numbers for average players. Roy is hardly average.

 

[3RA1N1AC]

At this rate there will be no numbers left for players in 40 years.

for real?

what are there like 12? 12 every 40 years...hrmm id say that gives us 240 years until there is a problem, but by then we will be using a new living organic binary biological carbon system of player identification, so no worries over here