Thanks for the info. You can scratch the extension idea off the list.
Oh well, I guess we'll have to wait until the summer of 2013. Hopefully not having him restricted looks like bad foresight due to him being offered maximum contracts
More on Blair's contract
By Jeff McDonald
It's actually a four-year deal, with the fourth year partially guaranteed. The fully guaranteed value of $2.7 million is still believed to be correct.
The Spurs used the remainder of their mid-level exception to pay Blair, meaning free agent Antonio McDyess obviously signed for less than previously reported. He's probably somewhere in the $4.2 range, based on Blair's contract.
How could that be right? $2.7 million guaranteed over four years? Unless Blair's agent got his nickname by making the people he negotiates with happy, Blair had to get more than that ... right?More on Blair's contract
By Jeff McDonald
It's actually a four-year deal, with the fourth year partially guaranteed. The fully guaranteed value of $2.7 million is still believed to be correct.
Bad math.
So the life of the contract has the potential to be 4M but is only guaranteed 2.7M, does that sound right?
1.3M potentially in the final year?
I tend to believe News 4 had the right numbers, even if not the partially-guaranteed details, so that 2.7M leaves me a little skeptical.
Does that sound right to you cap-ologists?
From my calculations, it's possible for him to have a 4-year contract worth $3.87M with $2.78M guaranteed through three years and the fourth year worth $1.08M. That gets close to all the different numbers we have rolling in ... except for the partially guaranteed fourth-year part.
Contract in hand, Blair dominates Vegas again
Jeff McDonald
LAS VEGAS — The Spurs took care of the final piece of their offseason puzzle Thursday, locking up rookie forward DeJuan Blair to a long-term contract.
Blair, a consensus All-American drafted No. 37 overall out of Pittsburgh, signed a four-year deal believed to be worth $2.7 million. The fourth year carries a partial guarantee.
It's a hefty price tag for a second-round pick. If Blair performs like the lottery-worthy talent the Spurs believe he can be, it will be well worth it.
“It's nice to have it taken care of,” Blair said. “I knew it was going to happen. It was just a matter of when.”
The Spurs had held Blair out of Tuesday's summer league victory against Denver while they worked with Blair and his agent to finalize the agreement.
Contract in hand, Blair returned to action in the NBA Summer League, leaving his stamp on the Spurs' 85-76 victory over Oklahoma City at UNLV's Thomas & Mack Center.
In his second consecutive impressive summer league outing, Blair scored 20 points against the Thunder to go with five rebounds. He shot 8 of 11 from the field and was 4 for 4 from the foul line.
In the process, he flashed an element to his game previously unseen in the summer league. Apparently, the rebounding machine can score as well.
In his double-double debut against New Orleans earlier in the week, Blair did most of his work on the glass, getting three of his four field goals on putbacks.
Against Oklahoma City, Blair did his dirty work on the blocks, scoring on a series of nifty post moves. He got his first basket of the game, meanwhile, by taking Oklahoma City's Serge Ibaka off the dribble.
It was a good day for Blair, made better by what he did before ever entering the arena Thursday. By signing his first NBA contract, Blair made his own day.
“It's everything I've ever dreamed of,” Blair said. “I thank God every night before I go to sleep for putting me in this situation. I didn't go where I wanted to go (in the draft), but I fell in the perfect place.”
When I heard Chancellor announce that they'd learned from a source that it was a 4yr-4M dollar contract, I got the feeling they actually had credible intell. Harris does have a couple of "ins" that it seems no other local guy has with the team, so I tend to give this more credence than McDonald.
4M could've just been the rounded-up number of 3.87M you suggest, so I'm pretty sure your pretty close on the numbers.
Exactly. Although the newbs for some reason don't want to believe it, the Spurs were the ones who held out Blair. Blair thought he was going to play.
How in the did the Spurs end up with this guy..
Varner's initial take:
DeJuan Blair’s Contract
DeJuan Blair signed with the Spurs today. The Spurs do not release contract information. We’re always left to sniff around. One non-Spurs source is reporting that the contract is a guaranteed 2.7 million over 3 years. If true, that’s a great deal for Blair and the Spurs.
But attentive fans will scratch their heads over this deal. I’m thinking out loud here, but follow me.
Second round picks are typically paid from the minimum salary exception, which can not be the case here. Blair’s annual salary exceeds the minimum (if I read DX correctly, that number is 457,588.) Blair signed a 3 year deal, which rules out the BAE. The bi-annual is capped at two years length.
As we all know by now, the Spurs are over cap, and we’ve already ruled out the lower level exception. That leaves the Spurs with the mid-level–but that was reportedly paid in full to Antonio McDyess. Hmm. Something doesn’t jibe.
A simple process of elimination leads me to believe that San Antonio did not pay McDyess the full MLE. Instead, they left just enough to give DeJuan Blair a sweetened contract, one comparable to a player drafted in the late first round.
Why? The Spurs get Blair for an additional season at bargain prices. Blair gets more money than a 37th pick typically commands, and the Spurs get a young, healthy DeJuan Blair on a three year steal . Everyone comes out ahead.
And Antonio McDyess? This is only conjecture, but I’d guess his third year partial guarantee is sizable. Sizable enough for him to take less over the first two years of his deal. It’s widely assumed that McDyess will retire after two seasons, which means the Spurs can trade him two summers from now much like they did with Bruce Bowen this season. He won’t be a true expiring, but the actual value of his contract will be less than it’s trade value.
But as I said, I’m merely trying to connect the dots. Maybe you can help me. Am I missing something? Is the Blair number incorrect?
http://www.48minutesof .com/2009/...airs-contract/
After looking more closely at the numbers, realgm has a starting salary for Blair between $844K and $869K.
With max raises, it makes a 3 years contract between $2.73M and $2.82M.
The 4th year is between $1.05M and $1.08M.
Most definitely. He's worth a LOT more than that. We lucked out in the draft for sure.
I didn't think there was any question. He tweeted a few hours before that game and said "game day!!! nothing better then playing basketball against people that are just as compe ive as me.7:08 PM Jul 14th from mobile web"
So....
It's a 4 year dear per Happy Walters.
http://www.pittsburghlive.com/x/pitt.../s_634105.html
Nice find, Vic.
Nice call, timvp and Bruno.Former Pitt forward DeJuan Blair signed his first professional contract Thursday, agreeing to a four-year contract with the San Antonio Spurs worth nearly $4 million, according to his agent Happy Walters.
Walters said three years and nearly $3 million of the contract were guaranteed by the Spurs.
Thats a very nice deal, so the 4th year is a team option then?
Whether the fourth year is an option or not, after 3 seasons the Spurs would have Bird rights, which means they could sign him as a free agent for up to the max salary, even if they are over the cap. If Blair's contract is for 4 years, they can re-negotiate after the end of the third season - but only if the team is under the cap at that time.
I also think we can assume that Blair's and McDyess' contracts together take up the full MLE. (That assumes that McDyess didn't take a lot less money to come play here.) If Blair starts at roughly $850K, that would leave $5M for McDyess.
That would mean that McDyess would be guaranteed $5M this year, $5.4M the second, and $2.92M the third year. (50% of 5.84M) The present value of that deal would be about $1M more than the present value of the 2-year deal for full MLE. Assuming that he doesn't play the third year, the Spurs would be able to trade him for a $7.3M player. The acquiring team could pay his $2.92M guarantee, and shed $4.38M worth of salary. That's a good deal for everyone. McDyess pockets an extra $1M above the MLE, and the Spurs get a good trade piece for the 2011-2012 season.
The math doesn't leave a lot of wiggle room. If McDyess doesn't get the full $5M left over after Blair's salary, his third year would just about have to be fully guaranteed - or else he would be playing for a significant discount, compared to what he would have gotten elsewhere. I don't think that there can be any MLE money left over, as was being discussed earlier.
anyone know if the 4th year is a player or team option? I'm pretty sure its a team, but I just wanna make sure
the semantics and mathematics!
GO BLAIR GO! GO SPURS GO! GO BLAIR GO! GO SPURS GO!
dude is awesome in these SL games. $15 was way worth it.
On the day he signed a 4-year, $3.8 million contract, DeJuan Blair gave the Spurs a good look at their investment against the Thunder, scoring 20 points on 13 possessions. Blair battled underneath all afternoon, muscling up for putbacks. But there was more to Blair's repertoire, including some wily dribble moves from the top of the key. "They shouldn't have passed on me," Blair said of the Thunder.Now with this information, the contract I laid out looks to be correct.Walters said three years and nearly $3 million of the contract were guaranteed by the Spurs.
2009-10: $856,000
2010-11: $925,000
2011-12: $993,000
2012-13: $1,061,000
The total value of this contract is $3,835,000. Subtracting the last season (which is likely a team option), the value is $2,774,000.
Looks like this scenario fits with most of the reports we are currently seeing.
dude is seriously underpaid if he peaks early in those 4yrs...
And if he makes one bad stop or pivot on the floor, he could be out for a season. Maybe even a career. He just got a guarantee of $4 Million, which means financial security if he handles his life right. He did the smart thing, instead of rolling the dice, which says a lot about him.
I don't know about when he might peak, but I think he's already good enough to be a bargain at the first year salary amount. But discounted for the risk? If he performs well, and stays healthy, it's not so much a bargain as a reward for taking the risk.
I think they reached a deal that serves both sides well.
I don't think the Spurs are concerned about whether or not Blair is a restricted free agent or not as much as they're concerned about what effect Blair's contract situation would have on potential cap-space in 2012 when Tim Duncan's contract comes off the books. A 3 year deal means that in 2012 you're trying to re-sign Blair and chase a max contract free agent at the same time. With a 4 year deal you get to chase your max contract free agent with Blair still locked up cheap and then Blair gets his turn in 2013 when you presumabely won't have cap space because you signed a max contract guy, but it doesn't matter because you've got Bird rights on Blair.Thanks for the info. You can scratch the extension idea off the list.
Oh well, I guess we'll have to wait until the summer of 2013. Hopefully not having him restricted looks like bad foresight due to him being offered maximum contracts
great deal for the Spurs. good deal for Blair.
i am ing PSYCHED for next season. ing PSYCHED. The Twin Towers are back, mofos! (Even if one of the towers is more like a mid-rise).
Last edited by peskypesky; 07-17-2009 at 08:49 AM.
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