Lebron opted out to get rid of K-Love?

[magnifier661]

LMAO...yes S2 and its posters are smarter than every GM and media member. This OBVIOUSLY is not the case...but whatever makes each of you feel thatttt much closer to being a GM

Not GMs, but I would definitely argue media. Haven't you been paying attention?

 

[BonesJones]

They don't need them, do they?

They have them for Love.

they'll have to get rid of Loves rights to sign LBJ, since Lebron doesn't have bird rights they can't go over the cap.

 

[magnifier661]

LeBron isn't signing for $34M.

But he isn't signing for less than Max anymore. At least that's what was reported

 

[Denny Crane]

they'll have to get rid of Loves rights to sign LBJ, since Lebron doesn't have bird rights they can't go over the cap.

You said they have $34M under the cap.

LeBron signs for $25M or whatever, they can go over the cap to sign all the rest of the guys to as large a contract amount as they want.

 

[BonesJones]

LeBron isn't signing for $34M.

Love's cap hold is $20M. So essentially they'd have $14M for Lebron. To resign Lebron, they'll have to renounce Loves cap hold, and therfore, his rights. Once they sign Lebron, they'll have about $10M for Love, which means he will leave.

 

[magnifier661]

They don't need them, do they?

They have them for Love.

I seem to remember reading that with the cap holds, they have about 20 mil in space if both Love and LBJ opt out.

 

[magnifier661]

You said they have $34M under the cap.

LeBron signs for $25M or whatever, they can go over the cap to sign all the rest of the guys to as large a contract amount as they want.

That's without loves cap hold I believe

 

[Schilly]

You said they have $34M under the cap.

LeBron signs for $25M or whatever, they can go over the cap to sign all the rest of the guys to as large a contract amount as they want.

No they can't. Because of their cap holds they would have to renounce the ability to go over the cap to keep their players so they actually have cap room to keep LeBron. So they have 34 in cap space... Tristan Thompson's cap hold takes up 9 mil of that leaving 25mil. JR Smith's cap hold takes up another 9 or so leaving only 16. Loves Shumperts cap hold takes up around 8 leaving only 8 mil... Loves cap hold is 20 mil meaning they on paper are 14mil over the cap and can't re-sign LeBron... unless they give up the rights to their free agents.

 

[Denny Crane]

http://espn.go.com/nba/story/_/id/1...-option-cleveland-cavaliers-become-free-agent

While the team does not have salary-cap space or own James' Bird rights, it is able to offer him a contract up to the max of around $22 million per year under league rules. James is expected to eventually repeat his actions of last July and sign a one-year contract with a player option for the 2016-17 season that will allow him to become a free agent again next summer when the salary cap and max salaries take a jump.

 

[Schilly]

They can only sign about $12 million worth of contracts and have room to keep LeBron. Smith, love, Thompson, Shumpert... can only spend $12mil on a combo of those players.

 

[Minstrel]

you realize they're going to have to renounce Love's bird rights to get his cap hold off the books to resign Lebron, right?

Did you direct that at the wrong person? I made no comment on the feasibility of signing both players, I said LeBron wasn't opting out in order to get rid of Love. He's opting out because it makes him more money.

 

[BonesJones]

I think it's hilarious that Lebron essentially fucked them, just to see what they'd do

 

[magnifier661]

http://espn.go.com/nba/story/_/id/1...-option-cleveland-cavaliers-become-free-agent

While the team does not have salary-cap space or own James' Bird rights, it is able to offer him a contract up to the max of around $22 million per year under league rules. James is expected to eventually repeat his actions of last July and sign a one-year contract with a player option for the 2016-17 season that will allow him to become a free agent again next summer when the salary cap and max salaries take a jump.

That is true, but it's without Love

 

[Schilly]

http://espn.go.com/nba/story/_/id/1...-option-cleveland-cavaliers-become-free-agent

While the team does not have salary-cap space or own James' Bird rights, it is able to offer him a contract up to the max of around $22 million per year under league rules. James is expected to eventually repeat his actions of last July and sign a one-year contract with a player option for the 2016-17 season that will allow him to become a free agent again next summer when the salary cap and max salaries take a jump.

Yes this is true but the articles are missing that they have to renounce bird rights to their own players to clear the cap holds so they actually have $22mil in clear cap space.

 

[Denny Crane]

You can offer your own free agents something like 120% of their previous salary.

Lebron made $20M, he can be offered $22M. They use bird rights to go over the cap to sign their own guys they have rights to. That includes Love.

 

[BonesJones]

Did you direct that at the wrong person? I made no comment on the feasibility of signing both players, I said LeBron wasn't opting out in order to get rid of Love. He's opting out because it makes him more money.

oh I misunderstood your point. I don't think an extra million or 2 means much, I think this was motivated by lovvvvve

 

[Schilly]

And.now he says he's taking a "wait and.see" approach to free agency. Nice Lebron way to toss your team under the bus!

 

[BonesJones]

You can offer your own free agents something like 120% of their previous salary.

Lebron made $20M, he can be offered $22M. They use bird rights to go over the cap to sign their own guys they have rights to. That includes Love.

you don't understand. I'll put it as simply as possible, Love's bird rights knock $20M of their cap space.

 

[magnifier661]

You can offer your own free agents something like 120% of their previous salary.

Lebron made $20M, he can be offered $22M. They use bird rights to go over the cap to sign their own guys they have rights to. That includes Love.

What LBJ can get means nothing. There are 4 other Cleveland free agents that will all need to be dropped to make room for LBJ

 

[Denny Crane]

you don't understand. I'll put it as simply as possible, Love's bird rights knock $20M of their cap space.

They don't need $.01 of cap space to sign LeBron. They can sign their own UFA to 120% of his previous salary.

 

[Minstrel]

oh I misunderstood your point. I don't think an extra million or 2 means much, I think this was motivated by lovvvvve

I think both the money and the freedom to dictate to the Cavaliers means a lot to him. By going year to year, he retains all the power. It's possible that he doesn't want Love back, but he created this deal structure when he wanted Love around--the opt-out was pretty much always intended to be exercised, because it gives him nearly unprecedented power over the franchise. Arguably more than Jordan had over the Bulls.

 

[BonesJones]

They don't need $.01 of cap space to sign LeBron. They can sign their own UFA to 120% of his previous salary.

They can only resign their own free agents if that free agent has bird rights. LBJ doesnt. That's the whole reason why bird rights even exist.

 

[Denny Crane]

http://www.cbafaq.com/salarycap.htm#Q25

NON-BIRD EXCEPTION -- This is also a component of the Veteran Free Agent exception. Its name is somewhat of a misnomer, since Non-Bird really is a form of Bird rights. Players who qualify for this exception are called "Non-Qualifying Veteran Free Agents" in the CBA. They are veteran free agents who are neither Qualifying Veteran Free Agents nor Early Qualifying Veteran Free Agents, and include the following:

• Players who finished the season with a given team, who have played no more than one season without clearing waivers or changing teams as a free agent.
• Players who were Early Bird free agents, but whose team renounced its right to use the Early Bird exception to re-sign the player.
• Players who were to be Larry Bird or Early Bird free agents, were playing on one-year contracts, and were traded mid-season.

This exception allows a team to re-sign its own free agent to a salary starting at up to 120% of his salary in the previous season2 (not over the maximum salary, of course), 120% of the minimum salary, or the amount needed to tender a qualifying offer (if the player is a restricted free agent -- see question number 44), whichever is greater. Raises are limited to 4.5% of the salary in the first year of the contract, and contracts are limited to four seasons when this exception is used.

 

[BonesJones]

I think both the money and the freedom to dictate to the Cavaliers means a lot to him. By going year to year, he retains all the power. It's possible that he doesn't want Love back, but he created this deal structure when he wanted Love around--the opt-out was pretty much always intended to be exercised, because it gives him nearly unprecedented power over the franchise. Arguably more than Jordan had over the Bulls.

what's the point in gaining power within the team by making a move that handcuffs the team itself?

 

[magnifier661]

They don't need $.01 of cap space to sign LeBron. They can sign their own UFA to 120% of his previous salary.

Let's say there is 22m in cap space without Love, Thompson, Shump, and smith's cap holds. So explain how you get Love and LBJ

 

[Denny Crane]

Let's say there is 22m in cap space without Love, Thompson, Shump, and smith's cap holds. So explain how you get Love and LBJ

They use the Non-Bird exemption (see post 53) on LeBron to get him max salary possible. They use the bird exceptions to sign anyone else because they will be over the cap after signing LeBron or due to his cap hold and the others. They have Love's bird rights from the trade with Minny.

 

[BonesJones]

They use the Non-Bird exemption (see post 53) on LeBron to get him max salary possible. They use the bird exceptions to sign anyone else because they will be over the cap after signing LeBron or due to his cap hold and the others. They have Love's bird rights from the trade with Minny.

it doesnt say anywhere that you can go over the cap to sign the "non-bird" player.

 

[julius]

So explain how you get Love and LBJ

Marry a frisky Mexican woman?

 

[Denny Crane]

NON-BIRD EXCEPTION

They are veteran free agents who are neither Qualifying Veteran Free Agents nor Early Qualifying Veteran Free Agents, and include the following:

• Players who finished the season with a given team, who have played no more than one season without clearing waivers or changing teams as a free agent.

(That would be LeBron!)

This exception allows a team to re-sign its own free agent to a salary starting at up to 120% of his salary in the previous season2 (not over the maximum salary, of course)

(Exceptions let you go over the cap, just like Bird Exception does)

 

[magnifier661]

They use the Non-Bird exemption (see post 53) on LeBron to get him max salary possible. They use the bird exceptions to sign anyone else because they will be over the cap after signing LeBron or due to his cap hold and the others. They have Love's bird rights from the trade with Minny.

I read it and I didn't see how they are able to sign him if he's over cap.