I'm not sure jamming old farts together has ever won a championship. Pippen-Barkley-Olajuwon vibes.
Shams Charania ShamsCharania
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38s
BREAKING: Nine-time NBA All-Star Damian Lillard is finalizing a three-year, $42 million contract to return to the Portland Trail Blazers, sources tell ESPN. Deal is expected to include a player option in 2027-28 and a no-trade clause. A storybook reunion home for the 35-year-old.
Boom. I've been telling y'all he would end up back in Portland. I'm connected to someone who is close to him via one of his sponsorship deals. He's wanted to go back there, he really loves that community and fanbase.
Why would they give him so much money, though?
Sentimental value, I guess.
Meh... it's less than MLE. Less than what Sochan will get on his extension tbh...
But yeah... they kind of did MIL a favor here.
Why do you think $14M a year is “so much money”?
How did it do Milwaukee a favor?Meh... it's less than MLE. Less than what Sochan will get on his extension tbh...
But yeah... they kind of did MIL a favor here.
It didn't. MIL waived and stretched, didn't buy him out (which they should have). So they gain nothing from his new contract.
That amount comes off their cap.
Edit: thanks for the course correction Splits
My understanding, but I could be wrong, is that even though Dame was waived and stretched, there is still a set-off against his MIL deal. http://www.cbafaq.com/salarycap17.htm#Q65
If another team signs a player who has cleared waivers, the player's original team is allowed to reduce the amount of money it still owes the player (and lower its team salary2) by a commensurate amount. This is called the right of set-off. This is true if the player signs with any professional team -- it does not have to be an NBA team. The amount the original team gets to set off is limited to one-half the difference between the player's new salary and the minimum salary for a one-year veteran during the season in which the player is waived (if the player is a rookie, then the rookie minimum is used instead).For example, suppose a fifth-year player is waived with one guaranteed season remaining on his contract for $5 million. If this player signs a $2 million contract with another team for the 2017-18 season, his original team gets to set off $2 million minus $1,312,611 (the minimum salary for a one-year veteran in 2017-18), divided by two, or $343,694. The team is still responsible for paying $4,656,306 of the original $5 million. Note that between his prior team and new team the player will earn a combined $6,656,306, which was more than he earned prior to being waived.If a player has been waived and his salary has been stretched, his salary can be set-off only during the original term of the contract. For example, suppose a player is signed for 2017-18 and 2018-19, and he is waived during the 2017-18 season, with his 2018-19 salary stretched across 2018-19, 2019-20 and 2020-21. If the player signs with another team, only his 2017-18 and/or 2018-19 salary can be set off.
So the more POR pays Dame, the higher the Set off to MIL becomes. Dame doesn't really get any more money than he would have if he just signed a minimum deal with POR (unless he negotiated something different with MIL, but I think the Bucks waived him without his knowing and without a buyout agreement)
The right of set-off still applies to waived-and-stretched players, per cbafaq.com, but that is based on the 2017 CBA so perhaps it is outdated.
I would guess the right of set-off still applies though, otherwise Dame would be getting paid more than the max allows for.
Because he'll be a 36 year old recovering from an achilles injuy by the time he plays again?
And he's getting the Bucks money.
70 million during rehab year, not bad.
Ok, so MIL saved a fraction of an amount compared to if they bought him out instead of just waved him. Still don't understand the straight waive instead of negotiating a buyout.
Fear the Deer
Fear the Apron
Maybe no paid more than "max" but more than his previous contract because his new contract is additive and doesn't provide his previous team relief:
new money 3/42m = 14m/yearNine-time NBA All-Star Damian Lillard has agreed to a three-year, $42 million contract to return to the Portland Trail Blazers, sources told ESPN on Thursday.
The Milwaukee Bucks waived Lillard, 35, earlier this month and stretched the remaining $113 million on his contract in order to sign free agent center Myles Turner.
Lillard now will have a 2025-26 set salary of $70 million between his Portland and Milwaukee deals, and a salary of $141 million over the next two years ahead of an opt-out in 2027.
old money 2/113m = 56.5/year
total for 25/26 = 70/year
So Dame earns more by getting waived instead of bought out? And no relief to the Bucks since they waived and didn't buyout
The whole purpose of a buyout is:
1) Ayton owed $35.5m on the final year of contract
2) Ayton takes $25.6m buyout, saving POR $9m
3) Ayton takes $8.5m contract with LAL, essentially only losing $500k
Worked well with Glenn Robinson though. Got skull ed twice a year by him and the Bucks for-seemingly-ever, got him here and he saved the Spurs asses in Game 1 of the 05 Finals with three quick blocked shots to kill off a red hot 17-4 start from the Pistons. Sadly his mom died a couple of days later so he left the team to be with his family (which jackass Stephen A Smith crucified him for at the time).
tbh i'm gonna wait for Keith Smith to weigh in, because I do think there is a set-off
Oh man I loved the movie
Big Dog was such a badass, I loved that he was with us - and he allowed us to complete our collection of dudes nicknamed Big Dog on our team (though tbh, Antoine Carr's other nickname, Dr. Dunkenstein, is all time).
Glen Rice is the 90s star I wish we could have found a way to do a pre-retirement stint with us.
Great flik.
Make sure to link it when you do, I'm also pretty sure that buyout teams save money and waive teams don't.
I thought I remember hearing he has an issue with SAS. Is this why?
I didn't get to see Glen Rice play much, but I was a fan of his when I first started watching NBA. I know he got one ring with the Lakers. Did he leave after that, or did they not want him back?
for those wondering
Val's career stats:
13.1 ppg, 9.3 rpg, 0.9 blocks per game on 56% from the field and 80% from the line
Vals' career stats vs the Spurs:
16.3ppg, 10.6 rpg, 1.1 blocks per game on 63% from the field and 77% from the line
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