Buh Bye Shawne Williams

[SlyPokerDog]

Sam Amick ‏@sam_amick Portland has finalized the buyout agreement with F Shawne Williams, per source. He was owed $3.1 million next season & joins free agent pool

 

[ironcrotch]

... Hello Victor Claver.

 

[Mediocre Man]

So does this increase our cap space by the difference in what was owed and what the buyout was?

 

[SlyPokerDog]

So does this increase our cap space by the difference in what was owed and what the buyout was?

Yes and Shawne Williams jerseys are now half price at the Blazer fan store.

Win-win!

 

[Mediocre Man]

So it should add an extra 1. something to the available money?

 

[Nikolokolus]

So does this increase our cap space by the difference in what was owed and what the buyout was?

I don't think it did under the old CBA, but maybe that's changed?

 

[Draco]

So does this increase our cap space by the difference in what was owed and what the buyout was?

Yes I belive that has always been the case... I wonder what his buyout was for?

We could've cut him and stretched his salary over 3 years saving cap room this offseason. But that would've possibly put us in a bad luxury tax position in 2 years with a harsh punitive tax so I'm glad instead he will be wiped from the books after this season.

 

[Mediocre Man]

Yes I belive that has always been the case... I wonder what his buyout was for?

We could've cut him and stretched his salary over 3 years saving cap room this offseason. But that would've possibly put us in a bad luxury tax position in 2 years with a harsh punitive tax so I'm glad instead he will be wiped from the books after this season.

If they stretch amnestied him it would give Portland about 2 million more in cap room

 

[Nikolokolus]

If they stretch amnestied him it would give Portland about 2 million more in cap room

They might need that for Batum in two years ... :whistle:

 

[Mediocre Man]

Now, Portland can match Batum whenever, and still have enough to sign Hibbert.

 

[Pinwheel1]

Now, Portland can match Batum whenever, and still have enough to sign Hibbert.

Are you sure? That takes a little pressure off in case something else comes up.

 

[Natebishop3]

How long before he ends up in Minnesota?

 

[Mediocre Man]

Are you sure? That takes a little pressure off in case something else comes up.

Not sure. How much was Hibberts max offer for in year 1?

 

[barfo]

Well, with the departure of Williams and Okur before him, this ushers in a new era in Blazerland. The team will have a whole different look next season.

barfo

 

[3RA1N1AC]

we hardly knew ye

 

[RR7]

Not sure. How much was Hibberts max offer for in year 1?

12.9 in the first year.

Though I read somewhere a comment about how Minnesota would have to waive Webster and Brad Miller to sign Batum to an offer sheet, and that they would have to clear waivers before they can use the space. So I believe the issue of timing, well, isn't an issue.

 

[Mediocre Man]

12.9 in the first year.

Though I read somewhere a comment about how Minnesota would have to waive Webster and Brad Miller to sign Batum to an offer sheet, and that they would have to clear waivers before they can use the space. So I believe the issue of timing, well, isn't an issue.

Isn't it only a 48 hour waiver period? All they'd really have to do is waive them by the 9th, no?

 

[RR7]

Isn't it only a 48 hour waiver period? All they'd really have to do is waive them by the 9th, no?

but with a moratorium on signings, I would imagine claiming someone on waivers would fall under a signing, so I would think they'd have to wait until the 11th, or rather the waivers wouldn't start until then. I could be wrong.

 

[Mediocre Man]

but with a moratorium on signings, I would imagine claiming someone on waivers would fall under a signing, so I would think they'd have to wait until the 11th, or rather the waivers wouldn't start until then. I could be wrong.

Well now I have to tweet Jeff and ask

 

[RR7]

So it should add an extra 1. something to the available money?

do you know the buyout amount?

 

[RR7]

Well now I have to tweet Jeff and ask

Jeff?

 

[Mediocre Man]

Jeff?

Storyteller

 

[BrianFromWA]

The stretch provision takes the amount owed (in this case, 3.135M) and splits it evenly over 3 years. This happens anyway in paying out the cash for 2011 CBA buyouts, but teams can choose to have the cap hit over the original contract length, or 2x the OCL plus one. So in Williams' case, the Blazers can either keep 3.135M on the cap for this year, and be done, or have to have 1.045M each year over the next 3 on their cap. So if they did that, we would have an extra 2.090M under the cap.

The 12.9M max number assumes a 58.0M cap number. Most analysts are saying it's going to be around 61-61.5M, which would make a max offer to Hibbert start at 13.6M or so.

 

[Mediocre Man]

The stretch provision takes the amount owed (in this case, 3.135M) and splits it evenly over 3 years. This happens anyway in paying out the cash for 2011 CBA buyouts, but teams can choose to have the cap hit over the original contract length, or 2x the OCL plus one. So in Williams' case, the Blazers can either keep 3.135M on the cap for this year, and be done, or have to have 1.045M each year over the next 3 on their cap. So if they did that, we would have an extra 2.090M under the cap.

The 12.9M max number assumes a 58.0M cap number. Most analysts are saying it's going to be around 61-61.5M, which would make a max offer to Hibbert start at 13.6M or so.

We have moved on to moratoriums

 

[Draco]

Most analysts are saying it's going to be around 61-61.5M, which would make a max offer to Hibbert start at 13.6M or so.

Where did you hear about that? I thought I heard maximum salaries are temporarily a bit higher in terms of percentage of the cap, but they will go back to the permanente % rates in a year or two. So this coming season the max contracts are the amount from a $61million cap but the actual cap is staying the same as last year at $58 million since revenue didn’t go up.

But I don’t really know I’ve heard a lot of stuff, it’s Friday and my head hurts.

 

[barfo]

Storyteller

Wait a minnit here... you are saying Storyteller isn't his real name?!?

barfo

 

[Draco]

If they stretch amnestied him it would give Portland about 2 million more in cap room

And it would add the identical "about 2 million" on to the cap half in 2013-14 and half in 2014-15. Then those years have a punitive luxury tax. I would've only considered stretching Williams if that additional cap room this off-season was a worthwhile difference.

But if the team got a reduction from this buyout perhaps the team has some of the advantages of both scenarios.

 

[Mediocre Man]

Wait a minnit here... you are saying Storyteller isn't his real name?!?

barfo

No, Jeff isn't his real name

 

[BrianFromWA]

they've been saying 60-61M since November, but this week the 61.5 number was thrown around for the first time.

I'll try to dig up the articles...I don't think I would've trusted tweets on this one, but I've been reading a lot of NBA B.S. recently...

 

[BrianFromWA]

And it would add the identical "about 2 million" on to the cap half in 2013-14 and half in 2014-15. Then those years have a punitive luxury tax. I would've only considered stretching Williams if that additional cap room this off-season was a worthwhile difference.

But if the team got a reduction from this buyout perhaps the team has some of the advantages of both scenarios.

From everything I've read (and I haven't seen anything today), Williams wasn't going to take a penny less than what he was owed.