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13.4M is the most he could get in year 1. Frontloading the extension would reduce the total value by several million dollars.
2013 manu got 2 years 14MM
13.4M is the most he could get in year 1. Frontloading the extension would reduce the total value by several million dollars.
If it's not backloaded then the $45m figure from Woj will be way off. It is almost certainly going to be as described.
He gave an interview in June where he said that he would play for France in 2015 and 2016.
It's not the worst, but IMO it's clearly not the best. If the max another team offers him is Gordon Hayward money, there is absolutely no reason to pay him more. Especially because there are still questions on whether or not, in an expanded role, he would be worth that money. Seems likely and market price certainly dictates that, but I don't think it's an absolute. If you pay him a ton (highest paid player on the team even at Hayward money) and he somehow lives up to that, then fine, you can pay him more later if you want.
But it's disingenuous. If he had wanted more money, he could have waited until the summer when his max would be around $120m/5yr. It's the biggest contract he could have signed today, but it's obviously not a max in the way it is spoken about with players like Bosh and Melo or Hayward.
Damn so next year Parker will pass Nash in Playoff assists at 32Nash has been in the league for 50 years too... Will pass Larry Bird in points as well hopefully
Not exactly...
CA has a state income tax that tops out at 12.3%.
The rest of his taxes come from federal income taxes, which would be the same for TP9 or CP3.
I think the way the rules work, he's only paying CA state income tax on the games he plays in CA. The rest are paid at the state tax levels of those states.
Texas property taxes are killer compared to California, which are frozen by Prop 13 rules.
So it's true that you'll probably come out ahead in Texas, it's not nearly as big a difference as you'd think.
Solid contract. No problems with the amount he's getting. He's paid his dues, now it's time for the Spurs to return the favor to one of the most underrated players in the history of the NBA.
Lest anyone forget:
But this is an extension, I don't think it can be frontloaded. Also, considering the cap is going up over the next few years, backloading deals is not as bad. Parker's salary would go up but it would mean even less of a percentage of the Spurs' cap.
It'd be impossible for the Spurs to pay him more per year than Hayward (relative to the cap), the only difference would be the 5th year.
if he played another season his market value could have changed based on performance/injury. i understand your point but i have no problems calling a max extension what it is
That's said quite often here, but it's not true.
A reason to pay him more would be to keep him off the market next summer. Of course, they'd match a Hayward deal, but that's not the real danger. Think in terms of another franchise that wants to screw the Spurs. A two year max offer sheet with a player option after year 1 would be a very bad situation for the Spurs.
yeah i figured (and its been commented on by ST capologists)... his first year salary in an extension is based on what he's making in 14-15 and he is eligible for subsequent raises at that point
45/3 for a backup PG
I don't really see how that's a true danger to the Spurs, but I digress.
7.5% I believe.
That's why people say "contact" or "extension". That's the secret to knowing if they are talking about a max contact our extension.
Kawhi isn't Lebron, no way he would consider signing that sheet. Players like Lebron, Durant, Davis etc... could tear an ACL and still get a max contract, Leonard is not in that league. We'd obviously match regardless but if he failed to improve he might not get another shot at the max when the cap goes up.
In that scenario, he'd be an unrestricted free agent in 2016 or 2017 instead of 2020. The cap would be higher in those years than 2015 which would make the cost of retaining him higher, not to say anything about the possibility that he could choose to play elsewhere.
Indeed. It brings up an interesting (to me) hypothetical: Would it be possible for the Spurs to waive Green and then re-sign him using their MLE? Yes, I know that's a terrible idea for multiple reasons, not the least of which is the fact that he'd be claimed by the first team with cap space or a TE (and teams might even try to dump players to create a TE for him).
But provided that is was both possible and not inadvisable, the Spurs could offer Green a $22M/4 contract using their MLE, which would essentially be a $26M/4 deal from his perspective, as he would also pocket his current salary if he made it through waivers.
His contract breakdown would be as follows:
2014: actual salary--6.65M cap salary--9.33M
2015: actual salary--6.88M cap salary--5.54M
2016: actual salary--7.12M cap salary--5.78M
2017: actual salary--6.02M cap salary--6.02M
That'd save a lot of cap space, but as I said, impractical to the max. I bet Morey would try it, though.
That's your opinion.
No, 2012-2013 Manu earned 14M
That's not correct. His extension would be based on the first year of that extension (2015-2016). He'd be able to get "25 percent" of the cap for that year. Subsequent years are based on an increase from 2015-2016, not 2014-2015.
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