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is this the new cba rules or the old one
I know the raises are the new cba
I think it's time to flesh out just what kind of extension the Spurs can offer Mohammed, since that's often thrown around in the forum as a possibility this offseason.
First, some background:
From the CBA FAQ:
Current player contract info can be found here.http://members.cox.net/lmcoon/salarycap.htm#49
49. Can existing contracts be extended?
A six or seven year contract can be extended when at least four years have passed since the signing of the contract. A four or five year contract can be extended when at least three years have passed since the signing of the contract. Contracts for fewer than four seasons may not be extended. A contract which has already been extended can be extended again after three years.
A rookie scale contract for a first round draft pick (see question number 38) may be extended from August 1 to October 31 of the player's fourth (option) season, provided the team had previously picked up the option for that season. Rookie scale contracts may be extended for up to six seasons beyond the player's fourth (option) season, bringing the total contract length to seven seasons. All other extensions are limited to six seasons minus the seasons remaining on the current contract. For example, a contract with two seasons remaining may be extended for up to four additional seasons.
The salary in the first year of an extension to a rookie scale contract may be any amount up to the player's maximum. For all other extensions, the salary in the first year of the extension is limited to 112.5% of the salary in the last year of the existing contract. However, it also can't exceed the maximum salary the player can receive if he were to sign a new contract that year as a free agent (see question numbers 9 and 10).
This poses an interesting problem -- if an extension takes effect three years from now, how do they set the salary if the maximum salary (and therefore the maximum amount for the extension) won't be known for three years? What they do is write the extension for the maximum 12.5% (assuming the team agrees to give the player that much). Then when the extension takes effect, and the maximum salary for that season is known, the extension salary is amended if necessary.
An example is in order. Shaquille O'Neal's contract was extended prior to the 2000-01 season. His original contract ran through the 02-03 season, in which he made $23,571,429.20. The first year of his extension, 03-04, was originally written for 112.5% of this amount, or $26,517,857.85. As a 10+ year veteran, O'Neal's salary can't exceed 105% of $23,571,429.20, or the 03-04 maximum salary for a 10+ year veteran (which turned out to be $15,344,000), whichever is greater. That means O'Neal's 03-04 salary could not exceed 105% of $23,571,429.20, or $24,750,000.66 (using 105% of his previous salary, since that is the greater of the two). O'Neal's extension was therefore amended downward to the maximum ($24,750,000.66) once the 03-04 maximum salary was determined.
Raises in each year of an extension are limited to 12.5% of the salary in the last year of the existing contract. For example, since O'Neal will earn $23,571,429.20 in 02-03, he can receive a raise of $2,946,428.65 in each year of the extension. If the salary in the first year of the extension is amended downward as described above, then the salary in the remaining years of the extension are amended at the same time, if necessary.
So, Mohammed can receive a 5 year extension offer from the Spurs. It can start at up to 112.5% of his 2005-06 salary ($5.5 million) which would be $6.1875 million. Assuming 10% annual raises per the terms of the new CBA, the maximum total nominal value of the extension offer would be $37.125 million.
The annual salary by season would be:
2006-07: $6.1875 mil
2007-08: $6.8063 mil
2008-09: $7.4250 mil
2009-10: $8.0437 mil
2010-11: $8.6625 mil
Hmmm...I think Nazr could do a lot better in free agency next summer.
-MB
Last edited by Marcus Bryant; 07-22-2005 at 03:45 PM. Reason: Grammatical bullshit.
is this the new cba rules or the old one
I know the raises are the new cba
I do not recall any feature of the new CBA that marks a radical departure from the old with regards to contract extensions, other than the reduction in the maximum possible annual raises. I assumed that the new maximum of 10% annual raises will be in effect for contract extensions.
ok I just that I would clear that up so people would not get confused
who has money next year?
will the bobcats have the the full salary cap after this next season
I think they will
if they do they will have money
but they may want to see if they would get someone better then him
I'm not sure about the Bobcats. At least the Spurs would have his full Bird rights, but he'd be an unrestricted free agent.
looking at the amount he would make
I would think trading rasho and scola for what lj said would be well
they also would take LESS SALARY BACK AND HAVE MORE MONEY NEXT YEAR
yes I know spurs do not have to worry about it because they have bird rights but it still cost money
Sure, ducks. But you have to get Mohammed to sign.
nazr was glad he went to sa
also pop started him during the postseason and get lots of playing time
I don't think that's worth $20 or 30 mil.
i expect him to be gone. i'll just say i'd be very suprised if he settled for less than he can get elsewhere, which is what he'll have to do.
i would think the spurs will keep him for next years playoff run and then let him walk though. rasho will have been unloaded by this time and the spot for scola is now clear.
so spurs will not trade scola?
mb do you think he will command 66 million the same as tp next year
Dampier got $73 mil.
cuban also is an idiot the spurs are not
It is possible that team would offer mroe per year then tony got also remeber some teams were offering tony the max
There are other idiots in the league.
Nazr now can be more than Rasho, but not more than Rasho when he was signed
So a Nazr contract can be a 6 years - 40 million contract
When Dampier was signed by Dallas, he was one of the best rebounders of the league
Probably Buford next year have 2 players to choice, Nazr and Scola
I like Mohammed, but I'm not sure the Spurs like Mohammed for seventy million dollars.
I am not going to accept that they treat of that way to Isiah Thomas
your hitting the nail on the head buddy. watching that dvd made me remember just how valuable naz was to the Spurs playoff run...sure he dissappeared at times in the piston series, but he showed up for those first two games and in the other rounds. I'm hoping oberto is as advertised in the defense/rebounding dept and that he has a nasty streak and will dunk the damn rock when the opportunity presents...hence, a cheaper option than nazr.
thinking of how holt had to be convinced to give tp an extra 2 mil and how much nazr will want tells us all we need to know.
Nice. If the Spurs offered him that, I think he would take it. Things will be very comfortable next to Timmy for the next 5 years, and that coupled with a le contender should be hard to turn down. Hopefully
I would think that Nazr could get considerably more elsewhere. He already has one ring, he may want to make some green.
I think Nazr can get considerably more than 5 years and $37 mil next summer. If Erick Dampier can get $73 mil in this league...
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