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Post by Dominique Wilkins on Nov 28, 2012 5:05:58 GMT
Steve Novak has called a press-conference to announce his decision in Free Agency this off-season!
Steve has decided to re-sign with the Chicago Bulls!
Year 1: $490,180 Year 2: $990,180 Year 3: $1,490,180 (PO)
Steve has several teams looking to acquire his 3pt shooting talents this upcoming season. The Bulls had been schmoozing Steve since the start of Free Agency, whining and dining him all over Chicago. Steve finally made his decision to re-sign with the Bulls based on Chicago's loyalty to sign him and his love for the Windy City!
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Post by Danny Longley on Nov 28, 2012 5:12:12 GMT
Another case where-in the Bulls get someone at the 500,000-1,000,000-1,500,000. Correct me if I'm wrong, but even when starting at the league minimum, isn't anything more than 1 Year not the minimum anymore? Example would be this Balkman signing by Boston. It's increasing at a far lesser rate, but since it was more than one year, it took part of the MLE. I'm bringing this up because the Bulls used their full MLE on Terry, and now also have the signings of Amundson and Novak that I do not believe to be the minimum.
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Post by Dominique Wilkins on Nov 28, 2012 5:34:02 GMT
My apologies, the contract should be adjusted to:
Year 1: $490,180 Year 2: $990,180 Year 3: $1,490,180 (PO)
Total: 3 Years - $2,970,540
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Post by Danny Longley on Nov 28, 2012 5:41:01 GMT
I still don't see how this is possible considering that the League Minimum Contract is stated to be this. 1 year, $490,180. adding years would make it - well, not the minimum.
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Post by Dominique Wilkins on Nov 28, 2012 5:50:06 GMT
I still don't see how this is possible considering that the League Minimum Contract is stated to be this. 1 year, $490,180. adding years would make it - well, not the minimum. Ian made the increases after the initial year to be 500K or 11%, that's why the Amundson contract increases by 500K each year.
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Post by Danny Longley on Nov 28, 2012 6:06:05 GMT
I think you're missing the comparison that I'm making.
When Ian made the Balkman signing, it took part of the MLE.
Now, The Bulls are getting
Terry - 5,000,000 Amundson - 500,000 (Multi-Year, comparable to Balkman contract) Novak - 490,180 (Multi-Year, comparable to Balkman contract)
I'm saying The Bulls are going over MLE in making these signings and shouldn't be able to keep all three players unless say, Amundson and Novak's contracts are reworked to 1-Year contracts.
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Post by Walt Frazier on Nov 28, 2012 6:06:28 GMT
Danny, I would say just PM Ian about this. I know what you are getting at, but the League Minimum contract, in our league, says nothing about it not being able to increase. It simply states the #, and that's all.
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Post by Danny Longley on Nov 28, 2012 6:08:46 GMT
I'm sorry, but I don't see what there is to ask about seeing as there is a flat-out example in Balkman's contract - A multi-year deal starting at the league minimum, and it was counted as part of the Mid-Level Exception.
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Post by Dominique Wilkins on Nov 28, 2012 6:13:39 GMT
Also, ANY team in the league can use up ALL their MLE and still be able to sign multiple players at the minimum amount. So, yes Chicago could in fact sign 3 more players (to make a total of 15) at this contract >>> 490,180, $990,180, $1,490,180
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Post by Alex English on Nov 28, 2012 6:13:39 GMT
I still don't see how this is possible considering that the League Minimum Contract is stated to be this. 1 year, $490,180. adding years would make it - well, not the minimum. That's not saying the contract can only be 1 year long. I think that is where your misunderstanding is coming from. It says that for the 2011-12 season, the minimum salary is $490,180 (Why can't we just make it 500k even? much simpler). It can still be up to 5 years in length like every free agent signing, and it can still have yearly increases. So this qualifies as a minimum deal: Year 1: $490,180 But this also qualifies as a minimum deal: Year 1: $490,180 Year 2: $990,180 Year 3: $1,490,180 Year 4: $1,990,180 Year 5: $2,490,180
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Post by Dominique Wilkins on Nov 28, 2012 6:15:00 GMT
I still don't see how this is possible considering that the League Minimum Contract is stated to be this. 1 year, $490,180. adding years would make it - well, not the minimum. That's not saying the contract can only be 1 year long. I think that is where your misunderstanding is coming from. It says that for the 2011-12 season, the minimum salary is $490,180 (Why can't we just make it 500k even? much simpler). It can still be up to 5 years in length like every free agent signing, and it can still have yearly increases. So this qualifies as a minimum deal: Year 1: $490,180 But this also qualifies as a minimum deal: Year 1: $490,180 Year 2: $990,180 Year 3: $1,490,180 Year 4: $1,990,180 Year 5: $2,490,180 Exactly! If you look at Balkman's contract that you pointed out...it's 3 years long...but the 1st year contract is has to be the minimum.
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Post by Alex English on Nov 28, 2012 6:15:03 GMT
I'm sorry, but I don't see what there is to ask about seeing as there is a flat-out example in Balkman's contract - A multi-year deal starting at the league minimum, and it was counted as part of the Mid-Level Exception. I don't think that signing needed to use the MLE. It should qualify as a minimum deal.
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Post by Danny Longley on Nov 28, 2012 6:16:46 GMT
Fine, the post about the League Minimum Contract does leave room for definition. But again, I bring Renaldo Balkman's contract into light. Starts at the league minimum but has multiple years. Counted against the MLE
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Post by Dominique Wilkins on Nov 28, 2012 6:18:22 GMT
Fine, the post about the League Minimum Contract does leave room for definition. But again, I bring Renaldo Balkman's contract into light. Starts at the league minimum but has multiple years. Counted against the MLEONLY his 1st year counts against his MLE for that year...not MLE for every year...
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Post by Danny Longley on Nov 28, 2012 6:18:24 GMT
I just personally don't think this should be allowed because it gives a loophole through which teams way over the cap can gain bird-rights on players that they should not have ways to gain bird-rights on.
Edit: To reply to Dominique, exactly, his first year counted against the MLE. So why should Novak and Amundson's contracts not count against the Bulls' MLE for this year?
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Post by Alex English on Nov 28, 2012 6:20:39 GMT
I just personally don't think this should be allowed because it gives a loophole through which teams way over the cap can gain bird-rights on players that they should not have ways to gain bird-rights on. That's true but any player signing a 3 year deal starting at the minimum must be pretty awful. I don't think it would in any way unfairly change the competitive balance of the league.
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Post by Dominique Wilkins on Nov 28, 2012 6:26:55 GMT
The league minimum contract players are for everyone, MLE and those that exhausted their cap space and still need to fill in spots in their roster.
Look at it like this...if you're over the cap at the beginning of free agency and use all your cap room to sign 3 players only. You now have a total of 7 players on your roster after the signings...how do you plan to fillout ur roster??? U bid the league minimum for the rest of the players needed...i.e. 490,180 per player for their 1st year only because that is the league minimum.
Same way IRL that Miami after signing Bron, Wade and Bosh filled out their roster...they signed players to a league minimum contract.
Look at my team this year and the following year...I'm over the cap this year so I can use MLE...but next year I'm waaay under. So when I offer a mulit year contract to a free agent ONLY the 1st year of his contract is MLE money the rest is out of my cap space.
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Post by Danny Longley on Nov 28, 2012 6:35:26 GMT
I'm not arguing that the league-minimum shouldn't be for everyone. I'm arguing that the league-minimum should be what it is, the absolute minimum, the bare-minimum it would take to get someone to fill-out your roster, not be a long-term player for your organization. Being able to add long-term security completely changes that dynamic.
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Post by Dominique Wilkins on Nov 28, 2012 6:37:56 GMT
I'm not arguing that the league-minimum shouldn't be for everyone. I'm arguing that the league-minimum should be what it is, the absolute minimum, the bare-minimum it would take to get someone to fill-out your roster, not be a long-term player for your organization. Being able to add long-term security completely changes that dynamic. But it's not a one and out thing...it even says that in the rules... "The maximum an offered salary can increase/decrease per year is by 11% of the initial offer or the league minimum salary."
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Post by Danny Longley on Nov 28, 2012 6:49:51 GMT
To be honest, I'd like to argue further, but I feel that I'd just be repeating myself at this point.
I didn't think I'd need to ask for this, considering how I even put out a legitimate example of a deal starting at the minimum and having multiple years taking part of the MLE. But I feel that a clear definition of the league-minimum is needed, and as suggested by Walt, I'm just going to go ahead and PM Ian about this. Because the ability to offer multi-year deals and still consider them the "minimum", I just don't see that as fair unless stated by the top.
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Post by Walt Frazier on Nov 28, 2012 13:50:45 GMT
To be honest, Danny, I agree with you.
But at this point, there is not a clear definition of the league minimum, as far as multiple years being allowed or not, so hopefully we get some clarification there.
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Post by Shaquille O'Neal on Nov 28, 2012 14:15:06 GMT
wth league minimum increasing @_@ where the hell did you get that? that's not even possible in real life, and i would also do the same in all of my remaining free agency
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Greg Schiano
Former Grizzlies GM
Rookie
Posts: 133
Oct 18, 2013 2:51:44 GMT
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Post by Greg Schiano on Nov 28, 2012 15:32:48 GMT
Novak isn't Awful. Gives Knicks a piece to play the game better, team game.
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Joe Dumars
Rookie
Posts: 74
Jul 29, 2015 22:48:27 GMT
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Post by Joe Dumars on Nov 28, 2012 15:46:27 GMT
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Post by Rubén Magnano on Nov 28, 2012 15:58:12 GMT
I'm not arguing that the league-minimum shouldn't be for everyone. I'm arguing that the league-minimum should be what it is, the absolute minimum I agree.
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Post by Danny Longley on Nov 28, 2012 16:07:10 GMT
Nicely spotted Joe. I think this would be perfect for our league - doesn't grant you bird rights and allows you the minimum financial leverage.
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Deleted
Posts: 0
Nov 27, 2024 10:23:37 GMT
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Post by Deleted on Nov 28, 2012 16:24:28 GMT
I think we should not be allowed to sign minimum contracts until FA is over. I thought about offering Novak a deal, and it would of been better than this one. I am just waiting to see where other pieces go.
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Greg Schiano
Former Grizzlies GM
Rookie
Posts: 133
Oct 18, 2013 2:51:44 GMT
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Post by Greg Schiano on Nov 28, 2012 16:28:56 GMT
I think we should not be allowed to sign minimum contracts until FA is over. I thought about offering Novak a deal, and it would of been better than this one. I am just waiting to see where other pieces go. Seconded.
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Post by Walt Frazier on Nov 29, 2012 0:04:35 GMT
Just in case anyone is lazy Minimum Salary ExceptionTeams can sign players for the NBA's minimum salary even if they are over the cap, for up to two years in length. In the case of two-year contracts, the second-season salary is the minimum salary for that season. The contract may not contain a signing bonus. This exception also allows minimum-salary players to be acquired via trade. There is no limit to the number of players that can be signed or acquired using this exception.
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Post by Walt Frazier on Nov 29, 2012 0:04:55 GMT
I think we should not be allowed to sign minimum contracts until FA is over. I thought about offering Novak a deal, and it would of been better than this one. I am just waiting to see where other pieces go. I kinda like this too, to be honest. Good ideas folks.
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