BRoy contract details from B-Edge/Sham Sports

[illmatic99]

http://www.blazersedge.com/2009/8/26/1003381/sham-sports-blazers-title-triggers

Completely laden with incentives:

Signed a 5 year maximum contract extension in August 2009, the values of which are not yet known exactly because the maximum salary for the 2010/11 season has not been calculated yet (and won't be until the 2010 moratorium). In the mean time, the 2009/10 maximum salary is used instead.

Contract contains a trade kicker for the lesser of $4,000,000 or 15%. The final year is only 75% guaranteed, but becomes fully guaranteed if any one of the following happens:

1) The team obtains a permanent total disability insurance policy of at least $17,000,000 from an insurance company with an AM Best financial strength rating of A- or better.

2) The team secures insurance coverage under the NBA TTD Program.

3) The team wins the NBA Championship in any of the following seasons: 2009-10, 2010-11, 2011-12, 2012-13, or 2013-14.

4) Roy is selected to the NBA All-Star team in at least three of the following seasons: 2010-11, 2011-12, 2012-13, or 2013-14.

5) During the 2013-14 season, Roy plays in at least 55 of the team's regular season games.

6) During the 2013-14 season, Roy's team makes the playoffs and Roy plays in 80% of team's playoff games.

I guess this sheds light on the hold up.

 

[barfo]

Like we said from the start, $80 million dollar deals simply are not finalized overnight. The provisions outlined above are a nice window into the complexities of this negotiation, which was viewed by some observers as dragging on longer than necessary.

barfo

 

[oldguy]

You mean there really WAS a reason to negotiate???/?? Who would have thought??/?////?

 

[Eastoff]

i like all those stipulations!

 

[Natebishop3]

He's pretty much locked to get that money.

 

[Storyteller2]

He's pretty much locked to get that money.

As long as he doesn't incur a really major injury over the next couple of years. I think that's the point - he's worth the money as long as his health and drive hold out.

 

[SheedSoNasty]

Wait, so does this mean that OdenIsGod is not right about everything?

 

[BlazerCaravan]

Wait, so does this mean that OdenIsGod is not right about everything?

Shh, shh... it's okay. *hug* Everything's going to be all right. Now, I don't want to alarm you, but there's something I need to tell you about... the tooth fairy.

 

[PapaG]

Originally Posted by bedge
Like we said from the start, $80 million dollar deals simply are not finalized overnight. The provisions outlined above are a nice window into the complexities of this negotiation, which was viewed by some observers as dragging on longer than necessary.

Except that some deals of similar size have been finalized much quicker than this one.

I disagree with bedge in apparently trying to use this as a blanket excuse.

 

[Storyteller2]

Except that some deals of similar size have been finalized much quicker than this one.

I disagree with bedge in apparently trying to use this as a blanket excuse.

Deals of similar size without guarantee clauses? Absolutely. But, IMO, the fact that the team wanted some sort of a conditional guarantee on the full amount for the final year was what kept the deal from being done in mid July.

Remember, too, that other similar sized deals for star players happened later in the signing period than Brandon's. For example, Yao Ming's extension off of his rookie scale deal wasn't signed until September. Dirk Nowitzki's extension off of his rookie scale deal wasn't signed until October.

I don't see it as a blanket excuse. But a legitimate explanation of what took place? Absolutely.

 

[PapaG]

Deals of similar size without guarantee clauses? Absolutely. But, IMO, the fact that the team wanted some sort of a conditional guarantee on the full amount for the final year was what kept the deal from being done in mid July.

Remember, too, that other similar sized deals for star players happened later in the signing period than Brandon's. For example, Yao Ming's extension off of his rookie scale deal wasn't signed until September. Dirk Nowitzki's extension off of his rookie scale deal wasn't signed until October.

I don't see it as a blanket excuse. But a legitimate explanation of what took place? Absolutely.

BEdge said that "$80 million deals don't get done overnight". It said nothing about conditional guarantees, just "$80 million deals". In this instance, I suppose it could be the case, but the way B-Edge put it makes it a blanket statement, when this is anything but a blanket contract.

"$80 million contracts like Roy's" would be an accurate statement.

 

[Storyteller2]

BEdge said that "$80 million deals don't get done overnight". It said nothing about conditional guarantees, just "$80 million deals". In this instance, I suppose it could be the case, but the way B-Edge put it makes it a blanket statement, when this is anything but a blanket contract.

"$80 million contracts like Roy's" would be an accurate statement.

For the purposes of absolute clarity, yes. But when you look at Ben's statement in context - after all the very next sentence talks about the conditions and 'complexities' - it was clear to me what he was trying to say. That's why I didn't take his sentence as a blanket statement.

And I'll go back to history - the examples of Yao Ming, Dirk Nowitzki, Pau Gasol and others provide ample evidence that not all $80 million deals to star players get done 'overnight'. Yes, sometimes they are signed immediately after the moratorium or very early in the process (Chris Paul, Dwight Howard, etc.) And other times they are signed very late in the process. Roy's got done in the first half of the timeframe in which such a signing is allowable.

 

[HailBlazers]

Wait, so does this mean that OdenIsGod is not right about everything?

Just because you know how to use caps lock doesn't mean you know anything about basketball. Anyone who couldn't understand negotiations as a part of the business side of professional sports needs to stay over at O-live and quite polluting here..

Furthermore, if it sounds trollish, it probably is, so don't F***ing touch it!

 

[Sug]

For the purposes of absolute clarity, yes. But when you look at Ben's statement in context - after all the very next sentence talks about the conditions and 'complexities' - it was clear to me what he was trying to say. That's why I didn't take his sentence as a blanket statement.

And I'll go back to history - the examples of Yao Ming, Dirk Nowitzki, Pau Gasol and others provide ample evidence that not all $80 million deals to star players get done 'overnight'. Yes, sometimes they are signed immediately after the moratorium or very early in the process (Chris Paul, Dwight Howard, etc.) And other times they are signed very late in the process. Roy's got done in the first half of the timeframe in which such a signing is allowable.

Every contract is clearly a different animal, and like you said it was clearly stated by Ben that this was a complex contract. The fact that it is a max deal has little bearing on the negotiation of the terms, in fact in this case the dollar amount was clearly the least of the Blazers concerns. They knew all along he was a max player, but they had some ideas on how to structure the deal.