The timing of the signings

[Chuck Taylor]

Dwight Jaynes claims that "When Batum, or any restricted free agent, signs an offer sheet, the cap hold with his original team immediately becomes the figure that he's signed for on the new offer sheet." (link below) Is this correct? I would have assumed the cap hold wouldn't change until the original team matches.

http://www.csnnw.com/pages/landingd...t-T-Wolves-Blaze=1&blockID=733826&feedID=8351

 

[Natebishop3]

If that's true, and I'm not saying it is, but if it's true.... bye bye Nic.

 

[Chuck Taylor]

If that's true, and I'm not saying it is, but if it's true.... bye bye Nic.

Or bye bye Hibbert. I don't know if we would renounce Nic just to roll the dice with Hibbert.

 

[RoyToy]

Already debunked

 

[PapaG]

Dwight Jaynes claims that "When Batum, or any restricted free agent, signs an offer sheet, the cap hold with his original team immediately becomes the figure that he's signed for on the new offer sheet." (link below) Is this correct? I would have assumed the cap hold wouldn't change until the original team matches.

http://www.csnnw.com/pages/landingd...t-T-Wolves-Blaze=1&blockID=733826&feedID=8351

The consensus seems to be that Jaynes doesn't know what he's talking about. Besides, Indy would be in the same boat with Hibbert when he signs with Portland, meaning they'd either have to match Hibbert, or renounce him and offer Eric Gordon, for example. Then, if Gordon is matched, no HIbbert and no Gordon for Indy. That can't possibly be a rule.

I just don't see how what Jaynes is saying can be true. It's punitive for teams with their own RFAs and cap space for other FAs.

 

[Fez Hammersticks]

Already debunked

Link?

 

[Natebishop3]

Or bye bye Hibbert. I don't know if we would renounce Nic just to roll the dice with Hibbert.

I would rather roll the dice on Hibbert than sign Nic to a bloated contract that he hasn't earned.

 

[Chuck Taylor]

The consensus seems to be that Jaynes doesn't know what he's talking about. Besides, Indy would be in the same boat with Hibbert when he signs with Portland, meaning they'd either have to match Hibbert, or renounce him and offer Eric Gordon, for example. Then, if Gordon is matched, no HIbbert and no Gordon for Indy. That can't possibly be a rule.

I just don't see how what Jaynes is saying can be true. It's punitive for teams with their own RFAs and cap space for other FAs.

This is the way I see it, and the only way that really makes sense. In the comments section Jaynes claims a GM confirmed his stance. I just don't see how that could be.

 

[Natebishop3]

I don't understand why there's a ten-day waiting period. Just stupid.

 

[BrianFromWA]

it's because the beancounters are adding up the entire NBA revenue from last year, looking at salaries, etc...double-checking, setting the new cap #, tax # and BRI calculations, and then double-checking those. Then sending it out to the teams.

It's not so teams can have more time to talk to FAs or anything. It's an accounting thing

 

[Draco]

Jaynes is full of crap. Read articles from the DeAndre Jordan match last year.

Storyteller himself confirmed the cap hold doesn't change until the team matches earlier today on BlazersEdge.

 

[Draco]

This is the way I see it, and the only way that really makes sense. In the comments section Jaynes claims a GM confirmed his stance. I just don't see how that could be.

His source was John Nash.

 

[PapaG]

This is the way I see it, and the only way that really makes sense. In the comments section Jaynes claims a GM confirmed his stance. I just don't see how that could be.

Well, if it is true, then Stern should be fired immediately by his employers, the owners. It seems impossible, though. Hey, let's offer a guy $10m+ per, and then his team will either have to renounce him or have their cap space diminished significantly.

 

[OSUBlazerfan]

Here

What's up with this 72-hour thing?

A cap hold is only in force until a new contract is signed. Once a player and a team ink a deal, the hold disappears and is replaced by the value of the new contract.

Nicolas Batum is a restricted free agent, meaning the Blazers have the right to match any offer made to him by another team. Once Batum accepts an offer from another team, Portland has 72 hours to decide whether they will match it or let him go.

Let's say Batum gets a $10.4 million offer from San Antonio. Let's also assume the Blazers plan to match it. The clock now starts ticking. Until they officially match only Batum's $5.4 million cap hold applies to their cap. But once they match Batum's new salary of $10.4 million will apply. That means if the Blazers haven't spent that $5 million difference on another free agent, it will (in effect) disappear. Batum counts as $5.4 before the deal, $10.4 after.

http://www.blazersedge.com/2012/5/1...salary-cap-Portland-Trail-Blazers-offer-match

 

[RR7]

dwight's an idiot, and refuses to listen to people correct him.

 

[Denny Crane]

http://espn.go.com/nba/story/_/page/CBA-111128/how-new-nba-deal-compares-last-one

2011 CBA: Cap holds are reduced for most players who have Bird rights or were first-round picks, and now range from 150 percent to 250 percent. Teams have three days to match an offer sheet to its restricted free agent. Players can qualify for a better qualifying offer by meeting certain criteria. High-drafted players might receive a lower qualifying offer by failing to meet the same criteria.

Who benefits? The reduction in cap holds provides teams with additional cap room to spend on other team's free agents -- giving players slightly higher salaries and promoting player movement.

The reduction in the waiting period from sevendays to three days is a big win for restricted free agents -- teams are often very hesitant to make offers to restricted free agents because they don't want to tie up the salary amount on their cap for an entire week while the other team makes up its mind whether to match.

 

[Denny Crane]

http://www.cbafaq.com/salarycap.htm#Q37

A restricted free agent is included in team salary by the greatest of:

* His free agent amount (as defined in the table above)

* The amount of his qualifying offer (see question number 43)

* The first-year salary in a first refusal exercise notice (a notice given to the player that the team is exercising its right of first refusal by matching an offer sheet (see question number 43)

 

[Denny Crane]

It looks to me like the offering team ties up the offered amount until the player's team decides to match or not (3 days). The player's team ties up the QO amount in cap space.

However, if a team offers a guy like Batum $15M in salary (1st year), then $15M amount is used to determine MLE and other exceptions the Blazers might have.

 

[PapaG]

It looks to me like the offering team ties up the offered amount until the player's team decides to match or not (3 days). The player's team ties up the QO amount in cap space.

However, if a team offers a guy like Batum $15M in salary (1st year), then $15M amount is used to determine MLE and other exceptions the Blazers might have.

Basically, if Hibbert doesn't sign on Day One, and if Batum does, then the new cap hold takes effect. Which means if Hibbert doesn't sign on Day One, and Nic does sign, that the Blazers likely match Batum and set their sights on someone other than Hibbert, because the offer to Hibbert won't be valid, anyhow.

If Hibbert signs on Day One, though, then the cap space remains the same, regardless of if Batum signs 30 seconds before Hibbert.

Which makes sense. That's what the negotiation period is all about, and Indiana can offer Hibbert a 5-year contract during the period, as the Blazers can do with Batum.

 

[RR7]

LarryCoon:
No, they don't. RT @cd1042: do cap holds change to offer sheet amounts during 3 day window to match?

 

[Fez Hammersticks]

Did you forward that to Dwight?

 

[Denny Crane]

Basically, if Hibbert doesn't sign on Day One, and if Batum does, then the new cap hold takes effect. Which means if Hibbert doesn't sign on Day One, and Nic does sign, that the Blazers likely match Batum and set their sights on someone other than Hibbert, because the offer to Hibbert won't be valid, anyhow.

If Hibbert signs on Day One, though, then the cap space remains the same, regardless of if Batum signs 30 seconds before Hibbert.

Which makes sense. That's what the negotiation period is all about, and Indiana can offer Hibbert a 5-year contract during the period, as the Blazers can do with Batum.

I don't think the offer to Hibbert can be made invalid after it's been offered.

 

[RR7]

Did you forward that to Dwight?

i did. he'll likely ignore it, I'm sure.

 

[e_blazer]

Basically, if Hibbert doesn't sign on Day One, and if Batum does, then the new cap hold takes effect. Which means if Hibbert doesn't sign on Day One, and Nic does sign, that the Blazers likely match Batum and set their sights on someone other than Hibbert, because the offer to Hibbert won't be valid, anyhow.

If Hibbert signs on Day One, though, then the cap space remains the same, regardless of if Batum signs 30 seconds before Hibbert.

Which makes sense. That's what the negotiation period is all about, and Indiana can offer Hibbert a 5-year contract during the period, as the Blazers can do with Batum.

That's not what Denny's quote from the CBA FAQ says. It says that the amount of Batum's caphold stays at the free agent amount until (if) the Blazers sign the notice that they're matching any offer he may receive.