mmasw wrote:
> On Fri, 6 Jul 2007 18:14:43 -0700, "Terraholm"
> <terraholm_SpamNata_ DeleteThis @hotmail.com> wrote:
>
>
>>
>>>
>>> If Allen buys out Francis, he may have spent enough money this
>>> summer. So that would leave 2 possible scenarios: Trading Joel or
>>> waiving Lafrentz. I'd choose the latter because even when Raef's
>>> contract is an expiring one, I don't think portland would get
>>> anything of value for him.
>>
>> Depends on who is looking to dump salary to get under the cap next
>> summer. It is the prime Free Agent year.
>
>> Maybe they can buy out Miles to free up a spot.
>
> maybe I'm unsure about buyout provisions. If Miles agreed to a
> buyout...it would be for anywhere form the full amount down to zero.
> It's unlikely he would agree to much of a reduction. And his contract
> would still be calculated on the same duration. If he agreed to a 24
> million buyout in lieu of his 27 million contract it would just be 8
> million a year over 3 years.
And while that would be on the cap and what we care about he might agree to actually get it over a
longer stretch. Say 4 mil per for 6 years.
That would save money and free up a
> roster spot. Ideally, he comes back....looks great, and portland
> trades him for either a "missing piece" or an expiring contract. That
> is VERY unlikely.
Or he gets the buy-out, signs with another team on cheap for a year and a option year and earns
another better contract. Any buy-out he would likely not be able to double dip. So if in a year in
your above buy-out if he got a 3 mil contract next summer the blazers would have 5 mil against the
cap instead of 8. Even at minimum it takes some off.
> Or, he tries to comeback and it becomes apparent his
> knees are no longer NBA knees and he takes a medcal retirement.
Hard to get a medical retirement. (Despite Canzano wishing it so) The league and Union's choice of
doctor has to be convinced they will not be able to play again for several years.
>
> In Francis's case, reports are that there is a negotiated and
> finalized buyout provision that was transferrable with his contract. I
> don't know that is true but if it is, according to the CBA it would be
> a team option for 50% of his final year's salary.
That up to 50% buy out can be in a contract for an option year or an ETO. He had an option year
and perhaps it could be transfered to the team? Or he has just agreed not to exercise the option.
A more usual buy-out basically they agree to an amount and then the player is waived and when they
clear waivers then officially the contract is lessened for the guaranteed compensation.
>>
>>> So I predict either Martel starts the
>>> season showing major progress in his game or he will be traded by
>>> next Feb.
>>
>> They have to decide before the season if they are taking his 4th
>> year option. By Nov. he may be another ending contract. Trouble is
>> if they do not take the option he has a breakout season and they can
>> not re-sign with their Bird rights and have to have cap space or use
>> the MLE...
>
> I don't understand that...what would be the difference between martel
> at the end of his 4th year and travis right now?
The 4th year is a team option year.
But they can not wait until after the 3rd season to decide, it has to be exercised before their 3rd
season.
Before a 1st round pick's third season the team has a choice to make.
Blazers took Outlaw's 4th year option which made him a RFA this summer.
In the same time frame before Zach's 4th year they gave him an extension that started his 5th year.
The third possible choice is not to take the 4th year option at all.
So if they are sure now martell is not in their long term plans they could just not pick up that 4th
year option and after this year he would be an unrestricted FA.
It is a gamble on the bubble bust or potential star.
That choice also comes with the provision that they can not re-sign a rookie FA after 3 years with
their Bird rights. If over the cap they have to use another exception. That plugs a loophole where a
team could not pick up an option on a star player to give him a max contract after 3 years.
LA did not pick up George's 4th year. So he had a steller season (his 1st and last) and they gave
him their full MLE that summer when they could have had him that year for about 1 mil, used the
exception elsewhere and had RFA rights the next year.
Now the 3rd year is also a team option that must be exercised before their 2nd year. So the Blazers
have paperwork top file on 6 rookie contracts this fall. The rest are no brainers though... =)
--
Laurel T
"I told him,'Son, what is it with you. Is it ignorance or apathy?'
He said, 'Coach, I don't know and I don't care."
Frank Layden
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