If the Portland Trail Blazers want to screw with the Utah Jazz, then Tom Penn should create a deal for ... Paul Millsap that includes a signing bonus worth up to 17.5% of the contract — which’d be paid upfront, but charged to the cap proportionally throughout the entirety of it — so as to all but ensure that those who head Larry H. Miller’s estate will balk at matching the offer sheet.
All in all, the Trail Blazers should renounce its draft rights to Joel Freeland and Petteri Koponen — which’d clear some more money from the books — and, in turn, tender Millsap the following five-year, $50,000,000 offer sheet:
Signing Bonus: $8,750,000
2009-2010: $7,150,000 (Cap Hit: $8,900,000)
2010-2011: $7,700,000 (Cap Hit: $9,450,000)
2011-2012: $8,250,000 (Cap Hit: $10,000,000)
2012-2013: $8,800,000 (Cap Hit: $10,550,000)
2013-2014: $9,350,000 (Cap Hit: $11,100,000)
Well, that’s that.