Oden's restructured Salary $1.5 Mil?

[Wheels]

Per Stein's tweet

ESPNSteinLine Marc Stein
WOW tidbit of the day (at least to me): Informed that Greg Oden's new salary w/Blazers is $1.5 mil. Original POR qualifying offer: $8.9 mil

maybe he does like it here? Or has a guilty conscience lol

 

[Nikolokolus]

Re: Oden's resturctured Salary $1.5 Mil?

Oofda ... man he must really not have been ready to pass a team's physical.

 

[craigehlo]

Re: Oden's resturctured Salary $1.5 Mil?

That tells me he's not playing this season.

 

[Nate4Prez]

Re: Oden's resturctured Salary $1.5 Mil?

I just wonder how if it goes back to 8.9 million if he plays in ONE regular season game.

 

[SlyPokerDog]

Re: Oden's resturctured Salary $1.5 Mil?

Wow! I wonder if we'll ever get the complete story as to what in the hell is going on with Oden. $1.5mill yet he might be coming back in mid January?

 

[BBert]

Re: Oden's resturctured Salary $1.5 Mil?

That's chump change!

Maybe it's pro-rated for how many games they expect him to play. That's about 10-12 games.

Man these guys are underpaid. They should go on strike.

 

[Draco]

Re: Oden's resturctured Salary $1.5 Mil?

I just wonder how if it goes back to 8.9 million if he plays in ONE regular season game.

I don't think incentives can be that large of a percentage of a contract, I'm not sure the exact limit though.

 

[illmatic99]

Re: Oden's resturctured Salary $1.5 Mil?

I'm not a STH, but if I was, I'd be pissed about how secretive the team has been about his situation. WTF is the "setback?!"

 

[HailBlazers]

Re: Oden's resturctured Salary $1.5 Mil?

I wonder if we'll ever get the complete story as to what in the hell is going on with Oden. $1.5mill yet he might be coming back in mid January?

Obviously never going to happen, but IMO he's shooting for a max contract. Here's my story/prediction:

G.O.'s going to take the most time possible to come back. I'm thinking after All-Star break (if there is one), that way he'll come back 100% or close to it... From there, the Blazers, and Oden's camp, expect he'll play like the beast he is, helping the Blazers get a top seed and deep into the playoff's. The Blazers will dominate with Greg holding down the paint and there will be talk of Championships, at which point G.O. will command a max contract or close to it and the $1.5 mil will be a distant memory.

 

[tlongII]

Re: Oden's resturctured Salary $1.5 Mil?

Interesting information if true. I would definitely like to know what exactly is going on with him, but the Blazers are intent on playing Spy games apparently.

 

[B-Roy]

Re: Oden's resturctured Salary $1.5 Mil?

I think it's because he failed his physical and he could have had his contract voided altogether. He probably shouldn't be paid at all....like Jeff Green.

 

[HailBlazers]

Re: Oden's resturctured Salary $1.5 Mil?

How bout he passed his physical but wants to take more time to come back unlike the last three unsuccessful times?

 

[Nikolokolus]

Re: Oden's resturctured Salary $1.5 Mil?

Obviously never going to happen, but IMO he's shooting for a max contract. Here's my story/prediction:

G.O.'s going to take the most time possible to come back. I'm thinking after All-Star break (if there is one), that way he'll come back 100% or close to it... From there, the Blazers, and Oden's camp, expect he'll play like the beast he is, helping the Blazers get a top seed and deep into the playoff's. The Blazers will dominate with Greg holding down the paint and there will be talk of Championships, at which point G.O. will command a max contract or close to it and the $1.5 mil will be a distant memory.

And unicorns are real ...

 

[Nikolokolus]

Re: Oden's resturctured Salary $1.5 Mil?

How bout he passed his physical but wants to take more time to come back unlike the last three unsuccessful times?

Are you really that thick or is it just an act?

 

[Draco]

Re: Oden's resturctured Salary $1.5 Mil?

Per Stein's tweet

maybe he does like it here? Or has a guilty conscience lol

Perhaps he wanted to keep his bird rights and was willing to sacrifice some salary this year for a bigger payday down the road. You’d think a team like Golden State that spent $7 million on Kwame would gladly spend at least $2 million on Oden.

At that low of a salary, his cap hold will be fairly small in the offseason, so if we can sign a big name free agent, we could do that first and then still resign Greg. Maybe he wants to stay in Portland but help the team be very competitive?

Dream scenario is making a run at a stud like Deron Williams to pair with LaMarcus/Wes/Oden. Then grab either another free agent or keep some of our own free agents.

 

[B-Roy]

Re: Oden's resturctured Salary $1.5 Mil?

How bout he passed his physical but wants to take more time to come back unlike the last three unsuccessful times?

That doesn't explain why he left 7 million on the table. He has the same time to come back whether he took 1.5 or 8.9. Makes no sense.

 

[tlongII]

Re: Oden's resturctured Salary $1.5 Mil?

It definitely leaves the impression that his knee is more jacked up than the Blazers are letting on.

 

[SantaDora]

Re: Oden's resturctured Salary $1.5 Mil?

That doesn't explain why he left 7 million on the table. He has the same time to come back whether he took 1.5 or 8.9. Makes no sense.

If the team was willing to void the contract because he did not pass physical - it made sense for both the team and Oden.

 

[Draco]

Re: Oden's resturctured Salary $1.5 Mil?

Luke Babbitt is making more this season then Greg Oden. Even if Greg doesn't play a game I'm not sure who is worth more to the team this season.

 

[Hank The Dwarf]

Re: Oden's resturctured Salary $1.5 Mil?

There is a clause in the CBA that says an "injured" player cannot sign the QO. Greg did not have a "setback" but because he was unable to be ready on opening day the Blazers and Greg were unable to sign the QO like they had intended.

The term "setback" was used by the Blazers only and GO's camp did not agree with that term. I am not sure where the 1.5m salary comes from but it's really the best case scenario for the blazers. They will get to keep his bird rights and pay him next to nothing (relative to NBA salaries).

 

[brooklynballer]

Re: Oden's resturctured Salary $1.5 Mil?

It definitely leaves the impression that his knee is more jacked up than the Blazers are letting on.

If this were true, then why would all reports continue to indicate that his rehab is going well and that he will be back on the court this season? Rice & Barrett have no real incentive to comment on Oden (especially given the team's start), but they continue to point out that his rehab is going well and that he will likely be on the court sooner rather than later.

Personally, I don't think Oden would even be practicing with the team if his knee was in the condition you describe.

Of course, these are just some of my observations. I'm sure the Blazers and the medical staff know a heck of a lot more about Oden's health (or lack thereof) than anyone on this Board.

 

[Draco]

Re: Oden's resturctured Salary $1.5 Mil?

This news means we have about $6 million of salary space before we hit the luxury tax. Non-tax paying teams have a $5 million window to match salaries, so we could trade someone like Luke Babbit and a future draft pick and take back a player earning $6.7 million this year. That could be very valuable if a team is out of the playoff race and willing to dump a productive veteran at the trade deadline.

 

[illmatic99]

Re: Oden's resturctured Salary $1.5 Mil?

The term "setback" was used by the Blazers only and GO's camp did not agree with that term.

Where is this coming from?

 

[Draco]

Re: Oden's resturctured Salary $1.5 Mil?

If this were true, then why would all reports continue to indicate that his rehab is going well and that he will be back on the court this season? Rice & Barrett have no real incentive to comment on Oden (especially given the team's start), but they continue to point out that his rehab is going well and that he will likely be on the court sooner rather than later.

Barrett also said Kemp was in phenominal shape every offseason, so I put virtually zero stock into his assertations.

 

[HailBlazers]

Re: Oden's resturctured Salary $1.5 Mil?

That doesn't explain why he left 7 million on the table. He has the same time to come back whether he took 1.5 or 8.9. Makes no sense.

This season is not about Money (he's got enough for now), it's about 2 things: Getting 100% healthy and increasing his future contract value. They are accomplished by rehabbing as long as possible, and taking less money from the Blazers now, so that they'll pay him more later. Does that make sense? Furthermore, Oden really doesn't want to be perceived as taking money for nothing, he already feels bad enough about the past 4 years.

 

[brooklynballer]

Re: Oden's resturctured Salary $1.5 Mil?

Barrett also said Kemp was in phenominal shape every offseason, so I put virtually zero stock into his assertations.

I agree ... Barrett is definitely a homer and sees what he wants to see.

But given Oden's history, you'd think the Blazers would have put a gag order on talking about him at all.

There's probably more to this story than has been reported, but I still hold out hope (albeit a sliver) that Oden will return sometime in January or February and will at least be semi-productive. To me, a 75% Oden is still better than a 100% 39-yr old Kurt Thomas.

 

[Nikolokolus]

Re: Oden's resturctured Salary $1.5 Mil?

This season is not about Money (he's got enough for now), it's about 2 things: Getting 100% healthy and increasing his future contract value. They are accomplished by rehabbing as long as possible, and taking less money from the Blazers now, so that they'll pay him more later. Does that make sense?

No it really doesn't.

 

[Pinwheel1]

Re: Oden's resturctured Salary $1.5 Mil?

I just think for what ever reason he wanted to be fair and basically give back 6 million dollars that he has yet to earn. Maybe for good Karma, maybe out of guilt because he is not coming back, or maybe because he does want to come back and figures it will help him get the higher end of the next contract.

Bottom line is he didn't have to do it, but felt it was the right thing to do. Maybe hoping fans and management will appreciate it and it will take a little pressure off getting back quickly this year.

 

[HailBlazers]

Re: Oden's resturctured Salary $1.5 Mil?

The term "setback" was used by the Blazers only and GO's camp did not agree with that term.

Where is this coming from?

People's false assumptions. That fact is, The Blazers and Oden have worked together to manage this never-ending PR nightmare...

There is something highly overlooked in this sage, and that is the relationship between Larry Miller and Greg Oden. Until you understand their relationship, you won't understand what the Blazers are doing. You can have your own opinions, but they will be uninformed.

The Blazers believe in Greg, you may not, but Larry and crew does, more-so than anyone in the league. Greg knows that, and he's appreciated them standing by his side helping him through all this. The bottom line is, they want whats best for each other, because they believe it will most likely bring the best outcome. Healthy Greg, Blazers uniform, Max Contract, Championship. Take it or leave it but it's the best shot we got.

 

[HailBlazers]

Re: Oden's resturctured Salary $1.5 Mil?

Bottom line is he didn't have to do it, but felt it was the right thing to do. Maybe hoping fans and management will appreciate it and it will take a little pressure off getting back quickly this year.

Bingo. Like a team player, and this is his Team. A true Blazer.