Carmelo is one of the very few players left where "Big Market" really matters. That means, ultimately, our choices were narrowed down almost immediately to BRK / NYK / LAL / LAC. Like or not, that was a big factor for Carmelo.
Having said that, the Knicks did not have a realistic amount of cap space, so they were quickly eliminated.
The Nets did not have a team put together who we felt could win w/in the time frame of Carmelo's Prime.
Now we're down to two, both in LA.
While the Lakers are an interesting team that some of my other clients may be interested in joining, the fact that Carmelo has been building with the Clippers and has been there so long made this, ultimately, an easy decision. The 6th year on the contract due to Bird Rights certainly helped as well!
Carmelo will return to the Clippers on the following contract:
Year 1: $23,485,000 Year 2: $26,068,350 Year 3: $28,935,869 (PO) Year 4: $32,118,814 Year 5: $35,651,884 (PO) Year 6: $35,651,884 (PO)
And, I feel completely justified giving Carmelo a huge contract b/c he clearly cares the most about his money, even more than a Big City factor. Being a real life Knicks fan, I say that with 100% confidence. He could have become a FA in Denver and signed a good contract with the KNicks, AND the Knicks could have kept some of the guys they dealt for him (Mozgov specifically was the last piece added) but no, he wanted his BR's traded with him so he could get a larger contract.
He could have signed a bit cheaper this last contract too but again, he went balls out and got as much as he could.
So, this is what it is. I could have gone even higher and not felt bad but this is obviously a TON of money already so, that's good to go.
I mean I guided it that way a little bit, but it's somewhat similar to his real life, little larger considering the new cap numbers that came out after he signed.
22.5 - 22.9 - 24.6 - 27.9 for the next 4 years. So yea. I guided the contract in the direction it could go but I also received a 3 year, $35,000,000 per season offer and another 5 year contract that was pretty close to his real-life number. Market created the contract and demand.
Post by Mike Krzyzewski on Jul 9, 2015 3:05:26 GMT
Those later years are simply a cost of doing business. Don't worry guys, if he is no longer earning his contract 4 or 5 years from now, I will be sure to pawn him off on one of the many GM's that regularly offer big packages for Melo. I appreciate everyone's concern though
Jerry West: Hey everyone. Just wanted to check in and wish all of you a nice Summer
Jul 31, 2019 22:19:16 GMT
George Gervin: Looking for big expiring contracts? Come on down to the Spurs! We have loads to deal, and are willing to help a GM unload a blackout FA signing or trade for a nominal draft pick fee
Jul 24, 2019 14:35:05 GMT
Ian Noble: Feels so weird for the season to end without awards and OSFA! Can't wait to get back to it in November guys
Jul 20, 2019 19:41:16 GMT
Jeremiah Hill: Who said we aren't doing drugs? Billy you're fired.
Jul 16, 2019 21:14:31 GMT