Oden Countdown Starts Now

[e_blazer]

That was my question. So, Oden definitely can't be packaged on his existing contract, which expires 6/30? Do we know that for sure. I admit that I don't know the answer, and I've seen some posters I respect say that he can be traded, and others that I respect such as you who say he can't be traded. Isn't he still on his rookie deal? Or, was the trade deadline the expiration date for trading him on this contract?

From the CBA FAQ page:

In addition, teams cannot trade players under the following circumstances:

When the trading deadline has passed. Teams are free to make trades again once their season has ended, but cannot trade players whose contracts are ending or could end due to an option or ETO.

http://members.cox.net/lmcoon/salarycap.htm#Q88

 

[PapaG]

the trade deadline was the last time you could trade him, he will be a rfa july 1st, at which point we could sign him to an extension, sign and trade, let him walk to another offer, or he accepts the qo and comes back for a year. if we sign him to an extension, we could trade him 90 days after that, or december 15th, whichever is later.

this is important though

if he accepts the QO, we can NOT trade him without his consent for the year

Thanks, and eblazer, I read your post as well.

I've seen trade scenarios involving Oden during the draft, and it left me a bit confused. You two cleared it up!

 

[Fez Hammersticks]

SamAmicoFSO

Trail Blazers have until June 30 to offer Greg Oden one-year qualifying offer. Starting to sound like they will.

 

[Mediocre Man]

They can actually offer him a max QO as well. I believe that would be for 4 years

 

[BlazerCaravan]

They can actually offer him a max QO as well. I believe that would be for 4 years

At the end of said multi-year QO, would he be restricted or unrestricted?

(insert "he'll be medically retired" joke here... yeah yeah, just answer the question, laughing boy)

 

[BLAZER PROPHET]

I think there's a near 100% chance that the team will extend the QO. Personally I'll be more interested to see if he accepts the QO or not ...

DING! DING! DING!

WE HAVE A WINNER!

I'd love to be a fly on the wall for these negotiations.

 

[Mediocre Man]

At the end of said multi-year QO, would he be restricted or unrestricted?

(insert "he'll be medically retired" joke here... yeah yeah, just answer the question, laughing boy)

I dunno? I am not CBA savvy. I tried to look it up on Larry Coons site, but couldn't find it either, I did find out that it would be for 6 years at the maximum salary though

 

[e_blazer]

If the player is coming off the fourth year of his rookie scale contract, then in addition to a qualifying offer, his team can also submit a maximum qualifying offer. A maximum qualifying offer is for six seasons at the maximum salary with 10.5% annual raises. It can contain no options, ETOs or bonuses of any kind, and must be fully guaranteed. When a team submits a maximum qualifying offer (in essence "stepping up" with a maximum contract offer before the player even hits the market), it places a more stringent requirement on other teams' offer sheets (see below).

When another team wants to sign a restricted free agent, it signs the player to an offer sheet, the principal terms of which the original team is given seven days to match. The offer sheet must be for at least two seasons (not including option years). If the player's prior team also submitted a maximum qualifying offer, then the offer sheet must be for at least three seasons (not including option years). If the player's original team exercises its right of first refusal by matching the principal terms of the offer sheet, the player is then under contract to his original team. If the player's original team does not exercise its right of first refusal within seven days, the offer sheet becomes an official contract with the new team.

At the end of that contract, Greg would be an UFA, but the Blazers would still have his Bird rights (if that exception is continued in the new CBA). Restricted free agency only applies to players coming off of a rookie scale contract.

 

[Mediocre Man]

At the end of that contract, Greg would be an UFA, but the Blazers would still have his Bird rights (if that exception is continued in the new CBA). Restricted free agency only applies to players coming off of a rookie scale contract.

I read that, but didn't see it. Where does it say he will be an UFA? Did I somehow miss it again? What I mean is, would the Blazers have the right to extend him again before the max QO deal ran out?

 

[Minstrel]

I read that, but didn't see it. Where does it say he will be an UFA? Did I somehow miss it again? What I mean is, would the Blazers have the right to extend him again before the max QO deal ran out?

It doesn't say it in that blurb, he was giving information about the QOs that can be offered (either one year or six years). RFA only applies to rookie contracts, though. Every contract after a player's rookie deal (including extensions to it) culminate in UFA.

Portland won't have a "right" to extend Oden after a QO deal runs out (whether the one year or the max version), but they will have his Bird Rights in either case. At least, based on the situation under this CBA. The next CBA may change things.

 

[e_blazer]

I read that, but didn't see it. Where does it say he will be an UFA? Did I somehow miss it again? What I mean is, would the Blazers have the right to extend him again before the max QO deal ran out?

Like Minstrel said, the special rookie contract provisions wouldn't apply to any new contract that Greg would sign. At the end of that contract, Greg would be a UFA just like any other player. Under the current CBA, the Blazers would have Bird Rights that would let them go over the cap to either extend his contract or sign him to a new one. The owners seem to want to eliminate those provisions, so it's up in the air as to what would happen under the new CBA.

 

[Tince]

Greg Oden Options

 

[BlazerCaravan]

Greg Oden Options

Interesting. So it seems to me (but I might be wrong), the best offer from both sides is for Portland to tender the QO, and for Oden to reject it, making him an RFA after 7/1. Then they can treat him like a normal player and sign him under the normal RFA rules.

 

[e_blazer]

Interesting. So it seems to me (but I might be wrong), the best offer from both sides is for Portland to tender the QO, and for Oden to reject it, making him an RFA after 7/1. Then they can treat him like a normal player and sign him under the normal RFA rules.

He doesn't have to reject the QO. As long as it's been tendered and is still on the table, he becomes a RFA. If the Blazers make a QO, the only way that Greg doesn't become a RFA would be for him to sign the QO contract, play out one year and then become an UFA.

 

[Nikolokolus]

Why would he not accept the offer?

He has until March 1st to accept the QO. It seems pretty unlikely to me that he would accept the QO without waiting to see what offers he gets prior to next season.

He has no incentive to turn down the QO, unless you think he wants to sit out a season to prevent another injury. That seems absurdly unlikely. Right now, he needs a solid season to cash in...sitting out a season to avoid an injury won't look any better than playing and suffering an injury.

The bad scenario, IMO, is him accepting the QO, playing out the season healthy and effective and then leaving as a UFA.

I didn't mean that he would "reject" the offer and spurn the team, but if he accepts a QO it means in all likelihood that he wants to become an unrestricted free agent in a year, if he declines then it means he's exploring offers from teams in restricted free agency. The real drama isn't the team extending the QO in my mind, it's what Oden does with it.

 

[Denny Crane]

It's in the team's best interest to wait until the last minute to make the QO. On the other hand, it'd be a sign of good faith to make the offer ASAP.

The Blazers and Oden could then agree to any kind of contract that's allowed under the CBA (whatever the CBA is then), or the Blazers can tell Oden, "go get your best offer on the open market and we'll match it."

 

[jlprk]

A new Oden article on NBA.com this morning! I haven't read it yet. This will probably cover new territory, never before reported!

http://hangtime.blogs.nba.com/2011/06/16/how-long-can-blazers-wait-on-oden/?ls=iref:nbahpt1