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Are you sure this isn't just to MAX out their MLE? I don't know what the MLE is at. It's whatever the average NBA salary is, and in previous years it's been around 5 years, 40 million and last year Turkoglu got a ridiculous contract from the MLE.
When a team uses their cap room to sign another player they automatically renounce bird rights to any of their free agents they have it to. That rule is to prevent teams from using their cap room to sign other players and then resigning the player(s) they have bird rights to.
Are you sure this isn't just to MAX out their MLE? I don't know what the MLE is at. It's whatever the average NBA salary is, and in previous years it's been around 5 years, 40 million and last year Turkoglu got a ridiculous contract from the MLE.
You're right. Seems too much. To renounce their ability to get a Scola, or Favors via sign-n-trade to overpay Warrick? This may be the dumbest thing yet from Sarver.
There's still a chance that if each contract is backloaded, that the first year salaries don't supersede the MLE starting salary, but the contracts themselves seem too high in total for this to be true.
EDIT: Seems like this year's MLE is going to be worth 6 million first year (last year was 5.9). If Frye starts around 3.7 and Warrick around 2.3, then the Suns haven't renounced yet, as they always had the ability to use their MLE even with a MAXed out Amare.
Turk's contract was not an MLE level deal. The max MLE is 5 years 32-34 million, Channing Frye's deal is a near max MLE deal. The contract they're giving Warrick is with the cap room they have.
The way it works is that since they have bird rights to Amare his salary figure still counts against the cap, so they are technically over the cap. The only way they can clear the cap room to sign Warrick is to renounce bird rights to Amare.
There's no way Frye's deal has a base salary of 3.7 million, his average salary is 6 million.
The MLE starts at roughly 6 per. With increases, the total is closer to 40 million.
See my edit above.
Wow, if Amare is now a lock to be gone, how many games do you see this squad winning next year?
What's the percentage increases season to season?
You're only allowed to backload a contract so much, I don't know the exact numbers, but I know the 5 year 20 mil deal woulda had a base salary of 3.5 million. Chances are a 5 year 30 mil deal has a base salary closer to 5 million.
I'm not trying to argue with you JMark, I know it's hard to believe that Sarver could be so dumb as to renounce bird rights to Amare just to overpay Hakeem Warrick.
I found a link that says 10.4. I used to know this stuff, but I have no idea anymore.
If 10.4, the base is probably a minimum of 4.5, and likely 4.8.
It does seem they've renounced their rights.
5/30 with maximum raises of 8% would start at 5.17M
4/18 with maximum 8% raises would start at 4.02M
You're more than likely right. Just seems so idiotic I can't fathom. Both contracts. Damn.
For players you have bird rights to, it's 10.5%. Otherwise, it's 8%.
edit: Mel beat me to it, though I think Frye can only be given 8% raises too.
You're right. Edited post.
Hakim Warrick isnt a bad player, espeacially if it's a run and gun game like Suns like to play, but he is a bit over paid.
lol sarver putting trash around nash, fkn fail
Bad day to be a Suns fan. I thought Spurs had it tough with RJ opting out, but for the Suns, Bucks, and Grizz, this is just sad. Y'all didn't sign bad players, your owner just signed them to bad contracts. Same thing happened to the Spurs with Malik Rose.
I think the writing was on the wall as far as Amare was concerned (he wasn't that good outside the system anyway, and he'll do worse elsewhere; see: Marion, Shawn), but Suns fans in general have been pretty cool and smart.
Feel bad for y'all. Real bad.
Poor Steve Nash. He loses a super talented defensive liability in Amar'e and gains an average talent defensive liability in Warrick.
Not only that. Last summer he signed a team-friendly 2yr/21M extension that begins with the 2010-11 season. Then the team screws him over by letting Amare walk. I'm pretty sure he could get a whole lot more than 2/21 if he was a FA right now.
You really have no idea what you're talking about.
You really think Nash couldn't do much better than 2/21 if he were a FA right now?
I don't care, all I know is a year ago Nash signed an extension that he didn't deserve after the 2009 abortion he contributed to. It was more than Portland planned on paying him if Phoenix agreed to their trade, and he signed the extension knowing full well who the owner was and that there was a strong possibility Amare was leaving in a year. I'm sick of sticks like you and IronMexican thinking you know everything there is to know about the Suns based off the 2010 playoffs.
Nice rant, but you're quite clueless about what I base my opinions of Nash and the Suns on.
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