Portland Trail Blazers may enter LeBron sweepstakes

[e_blazer]

The Cavs are so far over the cap, that even if Lebron comes off their books, their available capspace is around 8 million; hardly the max money player you imply. Again, Lebron if he wants the full six years and slightly higher per year raises and wants to leave can ask for a sign and trade with his destination of choice, or he can leave the Cavs high and dry and make only slightly less money in salary and probably not feel too great of a pinch because of his vast and lucrative earnings from his endorsements.

I made a mistake in my previous post. I was looking at the Cavs' 2011-12 salary numbers instead of 2010-11. Depending upon what the cap is set at and how much of West's contract is guaranteed, the Cavs could have $10 to $11 million available if LeBron walks.

As far as the "slightly higher per year raises", when you're starting from a number around $17 million, the compound difference between 5 years with 8% raises vs. 6 years with 10.5% raises is a huge amount of money. Any of you math whiz's care to take a stab at it?

 

[The_Lillard_King]

I see it brought up any time someone discusses a big name here, but what difference does having Nike here really make? I see no benefit to that whatsoever.

Same. I always read about the Nke connection and players coming here . . . I don´t remember one time a player has actually come to Ptd because of the ¨nike connection

 

[Nikolokolus]

I made a mistake in my previous post. I was looking at the Cavs' 2011-12 salary numbers instead of 2010-11. Depending upon what the cap is set at and how much of West's contract is guaranteed, the Cavs could have $10 to $11 million available if LeBron walks.

As far as the "slightly higher per year raises", when you're starting from a number around $17 million, the compound difference between 5 years with 8% raises vs. 6 years with 10.5% raises is a huge amount of money. Any of you math whiz's care to take a stab at it?

The raises aren't "that" different. Effectively +1.36 and +1.79 million in year one (respectively) and compounded from there. The big money difference comes from the sixth guaranteed year vs. five years guaranteed, which all adds up to around 29 million difference over the life of the two contracts. But in Lebron's case is he really leaving that much on the table when it's almost guaranteed he'll get another max deal before his career is over?

 

[e_blazer]

Here's the math as I calculate it:

Five years starting at $17M with 8% raises: $17M + $18.36M + $19.82M + $21.41M + $23.12M = $99.71M Total Contract
Six years starting at $17M with 10.5% raises: $17M + $18.79M + $20.76M + $22.94M +$25.34M + $28M = $132.83M Total Contract

$33 mil is more than chump change.

 

[Nikolokolus]

Here's the math as I calculate it:

Five years starting at $17M with 8% raises: $17M + $18.36M + $19.82M + $21.41M + $23.12M = $99.71M Total Contract
Six years starting at $17M with 10.5% raises: $17M + $18.79M + $20.76M + $22.94M +$25.34M + $28M = $132.83M Total Contract

$33 mil is more than chump change.

Get rid of that sixth year and the difference is pretty much negated. You're overstating the year by year gap.

 

[e_blazer]

As far as LeBron being virtually guaranteed of another max contract after 5 years, I don't see that any player in the NBA can afford to look at it that way when an injury on any given night could end a career.

 

[e_blazer]

Get rid of that sixth year and the difference is pretty much negated. You're overstating the year by year gap.

I don't think so. I'm just applying the maximum percent annual raise to the previous year's amount. If you think I'm computing it wrong, I'd be happy to take a look at your numbers.

 

[Nikolokolus]

As far as LeBron being virtually guaranteed of another max contract after 5 years, I don't see that any player in the NBA can afford to look at it that way when an injury on any given night could end a career.

If that was true, then why did Lebron's first extension run three years with a player option for a fourth year? Hell, he may not even want a six year contract this time around.

 

[Nikolokolus]

I don't think so. I'm just applying the maximum percent annual raise to the previous year's amount. If you think I'm computing it wrong, I'd be happy to take a look at your numbers.

I'm just saying comparing a six year deal that pays roughly 30 million more than a 5 year deal isn't quite the same as comparing the two contracts on a year by year basis (which ends up being about a 4 million dollar gap).

 

[e_blazer]

If that was true, then why did Lebron's first extension run three years with a player option for a fourth year? Hell, he may not even want a six year contract this time around.

Uhm...because the option is his. If he were to get injured, he doesn't opt out of the 4th year. Otherwise, if he's healthy and thinks he can get a better and longer deal, he goes looking for the new contract after 3 years. OTOH, if he takes a 5 year deal and is injured in year 2, he gets the rest of the money for the remaining years on the contract, but never gets another contract and loses out on that $28M he could have had with a six year deal.

 

[e_blazer]

I'm just saying comparing a six year deal that pays roughly 30 million more than a 5 year deal isn't quite the same as comparing the two contracts on a year by year basis (which ends up being about a 4 million dollar gap).

Actually, it's $5.12M more money over five years, but I get your point. The major money difference is in the 6th year. Still, having the assurance of $28M for that 6th year is a pretty nice comfort. In reality, I'd expect that his contract will include a player option after 4 years and he'll go looking for another max contract. Still, if the worst should happen, having those remaining years of guaranteed money is worth a lot to a player.

 

[Nikolokolus]

Uhm...because the option is his. If he were to get injured, he doesn't opt out of the 4th year. Otherwise, if he's healthy and thinks he can get a better and longer deal, he goes looking for the new contract after 3 years. OTOH, if he takes a 5 year deal and is injured in year 2, he gets the rest of the money for the remaining years on the contract, but never gets another contract and loses out on that $28M he could have had with a six year deal.

You're not getting it. Lebron decided to take one less year of guaranteed money than he could have gotten if he'd gone for the full four years with a player option for a fifth. In other words, he left money on the table before in terms of full years, what's to say he won't do so again?

 

[BrianFromWA]

can't compound the raises. CBA calls for the raises to be 10.5% of the first year salary. so if you had a 10M first-year contract, the raise would be 1.05M per year, so you'd go 10, 11.05, 12.1, 13.15, 14.2, 15.25