Amnesty May Be 75% Of Contracts; Rookie Incentives, Small MLE Likely
by Net Income on Oct 20, 2011 1:56 PM EDT
in 2011 Free Agency
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PrintKen Berger reports in his labor talks update that under an owners' proposal, amnesty wouldn't be 100% of a player's remaining contract, but more like 75%.
The player would get all the money owed him, but only 75% of the contract would come off the salary cap and luxury tax.
In the case of, say, Travis Outlaw, who's owed an even $28 million, his salary would be carried on the books at $1.75 million per year (rather than $7 million) over the next four years.
Beyond that, Adrian Wojnarowski reports the two sides are nearing agreement on "system" issues like incentives for rookies who win Rookie of the Year or make the All-Star team and a smaller ($5 million) and shorter (three years) mid-level exception (MLE).
- BRI, revenue sharing take center stage in talks - Ken Berger - CBS Sports
- Report: Details of proposed amnesty clause leaked - Kurt Helin - NBC Sports
- NBA labor talks spur progress on small issues - Adrian Wojnarowski - Yahoo! Sports
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Great for us with Outlaw, but also hurts our chances in grabbing FA’s that are currently on teams with the same situations handcuffing them from surrounding their stars with more talent. I dont know, I would rather teams live with their mistakes.
"LeBron puts up great numbers, can't close w/o DWade. LeBricked 3 late 3s when shouldve been driving, getting to line. What else new?"
Yet casual basketball fans think he is a God, and would exhaust their entire squads to land him...
This version of amnesty
I think would work in Nets favor.
I do like this one...
A lot of teams would have been hesitant to make a massive payment up front on a player like Roy or Arenas and thinks makes them think even harder. I would hope Proky would pay the $28m to get the extra $5m in cap space. It could make a big difference on getting 2 high end free agents or maybe even 3 free agents.
Means one thing
Orlando is screwed.
Section 18, Row 7 at The Rock!
"Your 2010-2011 New Jersey Nets - It Is What It Is"
hell they were screwed
His comments to Esquire and his mutterings on Twitter ("I have to live for me") reflect the mind of a man who is already setting his clock to West Coast time, as in Los Angeles.
No need to grovel Magic fans. It was a nice run while it lasted, and there is no need to begrudge somebody for seeking a better opportunity elsewhere. You and I and just about every one on the planet has been there, done that. I wouldn’t be a happy camper either if Gilbert Arenas and Hedo Turkoglu were in my projected starting lineup.
http://blogs.orlandosentinel.com/en_fuego/2011/10/dwight-howard-is-already-gone.html
My lil man.....can't tell me god don't exist.
by killa kadafi191 on Oct 20, 2011 2:27 PM EDT up reply actions
So True
I have been reading the Orlando boards and some people there got this info mixed up. Some thought there would be two provisions – Amnesty Clause and this type of Clause. Those people thought that they would be able to Amnesty Arenas and Use this type of Clause on Turk where they his salary would be on the cap for 10 years (something like that).
If this is true, like you said – Orlando is F’ed.
For Arenas, $5 mill for the next 3 years
For Turk, $2.75 Mill for the next 2 years
They have to amnesty Turk and package arenas with Howard.
Official Member of the "DIDN'T WANT TO TRADE DERRICK FAVORS, BUT HAPPY WE GOT D. WILLIAMS" Movement
yeah i prefer this system this as well
owners/gm’s should still have to suffer from terrible signings and luckily for the nets they didnt sign an insane deal like rashard lewis or ben gordon.
so if the magic axed arenas they would still have at least 5 million on the books from his contract. and you know they are going to use it on him as he has a 2 year 40 million player option coming up
The realist keepin it real amongst the surrealists
R.I.P. Big Homey Nate Dogg: "Cuz Iiiiiiiiii have ne-evv-ver met a giiiiiiiiiirrrrrrllllllllllllllllllll tha-at I loved in the whole wide wooorrrlllllddddddd"
by starbury_to_s-jaxci2000 on Oct 20, 2011 9:56 PM EDT up reply actions
Hey I know this is a bit off topic but I was just reading about how David West is fully healed. Could this lockout actually help with West due to the season starting later and thus him getting healthy? Could be a great option now for the PF spot for us.
no what you read
is that his AGENT says he is fully healed.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
Understood, but it made me realize he is out there. Everyone talks about Nene Hump and Chandler, but no one ever mentions West. That’s why it led me to think how the injury happened in March, if the season starts in December/January thats another month or two for him to heal from that injury. So because of this lockout he could be looked at as an option maybe.
He's old and MIGHT not be at the level he was before the Injury
Its a gamble, but tis upto the Nets if they wan to take it.
"Most people on this board are like a broken clock, Only right two times a day"
wouldn't put it passed the team that sign Outlaw coming off an injury
but I hope not. Look like their sights are on bigger things
My lil man.....can't tell me god don't exist.
by killa kadafi191 on Oct 20, 2011 2:29 PM EDT up reply actions
Lol, what a user name
and I was for West in the begining, but I dont think West will opt out of his current deal(Unless he has already). He’s not going to make more than what he is now, and he gets another year with CP3 and Emeka.
"Most people on this board are like a broken clock, Only right two times a day"
He opted out in June, he had to choose then.
I want no part of him.
by vincecarter4pres on Oct 20, 2011 5:45 PM EDT up reply actions
Yea, its basically Nene or bust to many Nets fans
and we’ve busted quite a few times…….Giggidy
"Most people on this board are like a broken clock, Only right two times a day"
Well my thing is, no Nene or maybe Chandler, just go the trade route.
by vincecarter4pres on Oct 20, 2011 5:59 PM EDT up reply actions
We have to sign somebody
Humphries, Nene, West, Prince, AK, etc. Nets need to keep Humphries or grab a PF. SF is a must as well, but this freaking lockout might cost the Nets.
"Most people on this board are like a broken clock, Only right two times a day"
Technically we don't have to sign anybody.
Especially not just for the sake of signing somebody.
We can always acquire a good player or 2 through trade, probably for next to nothing.
by vincecarter4pres on Oct 20, 2011 6:37 PM EDT up reply actions
Its safer to try and sign these free agent
rather than hoping the Nets can continue to steal player.
"Most people on this board are like a broken clock, Only right two times a day"
Yeah I hear you, but that doesn't mean blow the cap on long term garbage just to do it.
by vincecarter4pres on Oct 20, 2011 9:22 PM EDT up reply actions
I agree, but you have to think the Nets wont just stay put
and Im not sure why, but I think King is doing a dam good job
"Most people on this board are like a broken clock, Only right two times a day"
I don't dislike King, but he makes me nervous.
He sort of walked into the D Will trade, although I won’t patronize that move, cause I imagine that’s how most blockbusters go down.
He’s added unnecessary value to most of his other moves that would have been very good, but because of the additions become average types.
And don’t get me started on the original Troy Murphy trade…
We’ll see though.
King has always been a solid trader and has a pretty good eye for talent and understanding of beginning moves, but he loves to give out silly ass extensions and has problems making that follow up move to seal the deal, instead getting himself stuck in the middle.
I’m on a wait and see approach, but he’s been pretty good so far, the D Will move was huge and in the end your blockbusters are what truly define you as long as you don’t turn it into a cloud of dust along the way.
by vincecarter4pres on Oct 20, 2011 9:53 PM EDT up reply actions
Yea, I agree
"Most people on this board are like a broken clock, Only right two times a day"
by Shameer1016 on Oct 20, 2011 10:40 PM EDT up reply actions
Why is Outlaw's picture on this post NI? lol
He’s going to have a Career Year this season
"Most people on this board are like a broken clock, Only right two times a day"
i expect he will, wherever he is
what we dont know is the details of the amnesty, like when the deadline would be, would it be before free agency, for example, meaning you would have make a decision before you would necessarily have to.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
I was joking about the career year
but I dont think he’s THAT bad of a player. His salary and the Nets cap situation makes him look a lot worse than what he actually is.
"Most people on this board are like a broken clock, Only right two times a day"
NOOOOOOOO
TRAVIS OUTLAW FAN FOR LIFE!!!!!!!!!!! <3
60% Nets 40%Giants fan
by D-Will2Nets on Oct 20, 2011 2:16 PM EDT reply actions 3 recs
I have been a Nets fan all my life and loved the NBA all my life
Just saying that im a slightly bugger Nets fan…..
60% Nets 40%Giants fan
Please do...I'm a Jet fan so make it 100% Nets / Giants 0 %...
by M I K E on Oct 20, 2011 4:51 PM EDT up reply actions 1 recs
-1 M I K E
New York football giants is where it’s at!
by dwill8brooklynbound on Oct 20, 2011 5:06 PM EDT up reply actions 2 recs
Lets go Patriots :-D
"Most people on this board are like a broken clock, Only right two times a day"
more likely Brooks will make $750,000
he would have made $1.14 this season, but no one thinks rookies will get a raise.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
How ironic...Outlaw will end up getting a raise...
Someone will pick him up on the cheap, but I’m pretty sure he has to get paid some kind of minimum salary…
He gets paid ALL, but 25% stays on your cap
"Most people on this board are like a broken clock, Only right two times a day"
He gets paid all of his previous contract, on top of that he gets money from the new team that signs him
That’s a “raise”
I guess you can see that as a raise for nothing
I now want to be Outlaw when I grow up lol
"Most people on this board are like a broken clock, Only right two times a day"
Yes but
He would get his full salary, PLUS another team would sign him. He’d be getting paid based off this contract and his next. Hence the raise.
No Sleep till Brooklyn.....
Notably, DWill notes BOTH NJ and NY traffic in anticipation of BROOKLYN 2012…….although one can argue he plans to live in NY this year and commute….I’ve heard otherwise more Franklin Lakes/Alpine for this year at least.
Deron Williams: Traffic here in Istanbul is preparing me for traffic when I go back to NY/NJ if that ever happens this year? #StupidLockout about 18 minutes ago
I like this type of amnesty
I think something like this should exist every season. Of course some rich teams could manipulate it to their benefit, i.e. wink-wink deal to amnesty a player after one year if he agrees to sign for lower salary spread over 3 years.
That being said, it would cause fewer players to get amnestied, specifically those with relatively smaller salaries. There’s still tremendous benefit to amnestying guys like Arenas & Lewis. The lower a salary gets, the less likely a team is to amnesty that player. For instance, the two likeliest players on our roster are Outlaw & Petro. Both guys are overpaid, but capable end of bench type players. Simply signing an equivalent replacement player for said end of bench role would eat up a large chunk of that 75% saved. A fairly priced Petro equivalent may cost $1-$1.5mil annually. A fairly priced Outlaw equivalent could cost $2.5-$3mil. Will owners buy out contracts for full value if they’ll only realize <50% true cap savings?
I would like to know whether players could agree to be bought out for less than 100% of their remaining contracts? Buyouts happen for less all the time. A guy that knows he could fetch another deal in the league might offer to take less if it means he could hit free agency. Perhaps a guy like Jamison offers to take a $10mil instead of $15mil buy out to entice Cleveland to amnesty him instead of Davis. Maybe a guy that wants out from a team desperately would be willing to take next to nothing to be amnestied.
I think something like this should exist every season. Of course some rich teams could manipulate it to their benefit, i.e. wink-wink deal to amnesty a player after one year if he agrees to sign for lower salary spread over 3 years.
Trying again.. can you explain that part then?
Hypothetical
Say the Heat wanted a good player, but they were limited to the MLE ($5mil starting salary). Perhaps they go to a guy like Nene & say we’ll give you the full MLE, and we’ll amnesty you after the 1st year. Basically Nene becomes a championship seeking mercenary for 1 year earning roughly $16mil. Then he signs elsewhere.
Say the heat want Butler for some reason. he may have better offers from under the cap teams, so they offer to give him the full MLE, but amnesty him after the 2nd year (basically signing him for roughly $8mil per season).
It’s not likely, but it is possible.
Very scary loophole in that regard
Can definitely happen. Also how Chris Paul could end up a Knick for a season. YUCK!!!!
RE-SIGN THE HUMP!!!
The JETS/NETS are coming!
by MrBDown on Oct 21, 2011 10:50 AM EDT via mobile up reply actions
New Woj article out
http://sports.yahoo.com/nba/news?slug=aw-wojnarowski_nba_labor_talks_101911
I guess the best to hope for at around 2-3 AM this morning is that they will continue to talk Friday and through the weekend.
Win-Win on the MLE
Now, they’re close to compromising on a $5 million starting salary with a maximum length of three years.
http://sports.yahoo.com/nba/news?slug=aw-wojnarowski_nba_labor_talks_101911
Fair compromise in my opinion.
This one is good too
The owners also are proposing a "bonus pool" of money for high-achieving young players with performance-based incentives. Under the proposal, players would be rewarded for winning Rookie of the Year and making All-Star teams and other accomplishments.
Even more incentive for the chip on Brooks’ shoulder.
Official Member of the "DIDN'T WANT TO TRADE DERRICK FAVORS, BUT HAPPY WE GOT D. WILLIAMS" Movement
It's a great thing
The rookie scale is as fair as it can be. Elite players on rookie deals are criminally underpaid. Busts are severely overpaid. Performance based bonuses are ideal for rookie deals.
That a very interesting topic...
In Woj’s article he says the union would like teams to be able to sign young players to lucrative contracts before the 4th year…Owners might go for that if it means locking up the Rose’s, Griiffins, Love’s and Walls of the NBA from leaving after 4 years…
Owners don’t want their superstars leaving when there in their prime. the only way to stop players from doing that is by making it well worth their while to stick around… This I believe is the biggest issue of the lockout, not the BRI…
The Rose's, Griffin's, Love's and Wall's of the league don't leave after 4 years now, it's unheard of.
They are restricted…
by vincecarter4pres on Oct 20, 2011 5:48 PM EDT up reply actions
Wouldn't it just be easier that Franchise Player crap the NFL uses?
"Most people on this board are like a broken clock, Only right two times a day"
That doesn't work without a hard cap and unguaranteed contracts and players ain't gon go for that.
by vincecarter4pres on Oct 20, 2011 6:00 PM EDT up reply actions
Im for a hard cap and partial guranteed contracts
"Most people on this board are like a broken clock, Only right two times a day"
NI can the nets amnesty outlaw then resign him at a more resaonable number?
If they sign him for 2.5million then he takes up 4 million on the cap. That is basically what he is worth.
wasnt permitted last time
doubt it is this time.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
HAHAHAHAHAHAHAAAAAAAA
Emiliano Carchia: Deron Williams in Turkey is having problems with his backpack which has the wrong colors (Galatasaray ones), big rivals of Besiktas
Read more: http://hoopshype.com/twitter/media.html#ixzz1bM3KKrCA
60% Nets 40%Giants fan
http://eye-on-basketball.blogs.cbssports.com/mcc/blogs/entry/22748484/32832666
Royce Young: David West is healthy again and ready for the season that’s not starting
"NBA players are good, but even they’re not supermen. Thirty minutes in the game and there won’t be an NBA team to whom I won’t put in twenty points." -Drazen Petrovic
by D Will to Succeed on Oct 20, 2011 4:23 PM EDT reply actions
w/o training camp & pre-season games it's even more of a gamble signinging him
i would think any team considering signing him…
would want to take him for a test drive first…
When you have to shoot, shoot don't talk.
I heard TO's agent has said he's ready to go this weekend like he's in his prime too...
by vincecarter4pres on Oct 20, 2011 5:53 PM EDT up reply actions
You sure about that?
Jerome Harrison couldn’t and it might have saved his life.
I love the Nets...too bad they don't love me...
by BEB on Oct 20, 2011 7:07 PM EDT via mobile up reply actions
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