- Joined
- Sep 9, 2008
- Messages
- 26,096
- Likes
- 9,073
- Points
- 113
LMA signed his 5yr, 65M extension in October 2009. You can sign an extension 3 years after your original contract was signed. So technically, he's been able to sign an extension since basically Opening Night. However, before reading into that too much, any extension can only be for 4 years, including the years left on the deal, and even if you sign it on the last day of the season, that counts as one full year. So if LMA would've signed Opening Night (or even on the last game of the season), it only would've added 1 year to his existing deal. That changes July 10.
Coon CBA FAQ #58 and #59 deal with these rules.
There are a couple of options. First is the "normal" extension.
Option Two is the "renegotiation" aspect. Since we have cap space, we can renegotiate his contract July 10--in effect tearing up his current deal and signing him to a 4 year max contract (which will probably start at about 17M for a player with 7 years in the league and therefore take about 2.4M from our cap space, leaving us at 6.5M).
Option Three is the "extend and trade". In this case, you're limited to a 3-year extension (where the two existing years count). So you're only extending him one extra year, but for a team that is scared of trading for him as a rental you can sign LMA (if he wants) to an extra year for them and then trade just as if it were a S&T of a free agent. All of the S&T rules still apply.
So IF LMA is serious about staying, he can on July 10 sign basically a brand-new, 4-year max deal with us and only reduce our cap space to 6.5M (not enough to absorb Asik or Gortat or Biedrins or Jordan unless someone else is going out). Or he can sign a negotiated 3yr max extend-and-trade, which should help get better/more return value for him if he doesn't want to stay in Portland. Or he can extend his contract, but not change the next two years--in effect getting a max deal in 2015-16 and 16-17, but his "normal" deal until then--which preserves our 8.9M in cap space.
Coon CBA FAQ #58 and #59 deal with these rules.
There are a couple of options. First is the "normal" extension.
This is the boat we're in on July 10. LMA has 2 years left (2013-14 for 14,628,000 and 2014-15 for 15,756,000). So he can sign a "4 year extension" on July 10 that keeps his 2013 and 2014 salaries, adds a 7.5% raise (to a shade under 17M) for 2015-16 and another 7.5% (18.2M) for 2016-17. This is about what he could make as a free agent maximum in 2015, unless the salary cap is around 65M, because the maximum cap percentage is the same for a 7 year player as is it for a 9 year player.Coon CBA FAQ #58 said:
Option Two is the "renegotiation" aspect. Since we have cap space, we can renegotiate his contract July 10--in effect tearing up his current deal and signing him to a 4 year max contract (which will probably start at about 17M for a player with 7 years in the league and therefore take about 2.4M from our cap space, leaving us at 6.5M).
Option Three is the "extend and trade". In this case, you're limited to a 3-year extension (where the two existing years count). So you're only extending him one extra year, but for a team that is scared of trading for him as a rental you can sign LMA (if he wants) to an extra year for them and then trade just as if it were a S&T of a free agent. All of the S&T rules still apply.
So IF LMA is serious about staying, he can on July 10 sign basically a brand-new, 4-year max deal with us and only reduce our cap space to 6.5M (not enough to absorb Asik or Gortat or Biedrins or Jordan unless someone else is going out). Or he can sign a negotiated 3yr max extend-and-trade, which should help get better/more return value for him if he doesn't want to stay in Portland. Or he can extend his contract, but not change the next two years--in effect getting a max deal in 2015-16 and 16-17, but his "normal" deal until then--which preserves our 8.9M in cap space.
Last edited:
