While the exact terms of the offer sheet that Donatas Motiejunas signed with the Brooklyn Nets are not publicly available at this time, the following is my best guess as to the cap figures included in the offer sheet. (Much of this information has since been confirmed by Bobby Marks, a former Assistant GM of the Nets who apparently has seen the actual offer sheet.) (Warning: This is pretty complicated stuff.) Bonuses and Incentives: No signing bonus or salary advance Each year contains $1,000,000 in "likely" incentives Each year contains $500,000 in "unlikely" incentives* * Other than those tied to generally recognized league honors (MVP, All-NBA, Most Improved Player, etc.), the Rockets do NOT have to include any "unlikely" incentives in D-Mo's contract if they match the offer sheet Guarantee Dates: 2016-17 salary is partially guaranteed for $5,000,000 2016-17 salary becomes fully guaranteed if not waived by January 10, 2017 2017-18 salary is non-guaranteed if waived by March 1, 2017 2018-19 salary is non-guaranteed if waived by July 7, 2018 2019-20 salary is non-guaranteed if waived by July 7, 2019 Trade Restrictions: Team cannot trade D-Mo at all until end of Rockets' 2016-17 season Team cannot trade D-Mo without his consent until December 2, 2017 Team cannot trade D-Mo to the Brooklyn Nets until December 2, 2017 Base Salary** 2016-17: $8,300,000 2017-18: $7,926,500 2018-19: $7,553,000 2019-20: $7,179,500 ** This would be D-Mo's cap hit in each season if he were waived after his salary became guaranteed for that season and assuming he did NOT hit any of his incentives for that year. (Current) Cap Hits*** 2016-17: $9,300,000 2017-18: $8,926,500 2018-19: $8,553,000 2019-20: $8,179,500 *** These cap hits include base salary plus "likely" incentives but could decrease starting in 2017-18 if D-Mo fails to hit any of his incentives or increase if D-Mo hits his "likely" incentives and also hits any of his "unlikely" incentives Maximum Possible Cap Hits**** 2016-17: $9,800,000 2017-18: $9,426,500 2018-19: $9,053,000 2019-20: $8,679,500 **** These cap hits include base salary plus "likely" AND all "unlikely" incentives but would only be this high if D-Mo hits ALL of his incentives in the previous season; and as stated above, it is possible that the Rockets won't even have to include all of these "unlikely" incentives in D-Mo's contract if they match the offer sheet The big issue hanging over whether or not the Rockets will match the offer sheet is D-Mo's cap hit in the summer of 2017. Based on the figures above, that cap hit will be anywhere from $7,926,500 to $9,426,500, depending on what incentives D-Mo hits. Again, D-Mo cannot be traded next summer without his consent. The Rockets could conceivably STRETCH his cap hit over three years, reducing it to something in the $2.64 million to $3.14 million range for each of 2017-18, 2018-19 and 2019-20, but that would likely be a last resort. Bottom line: The offer sheet (and potential contract with the Rockets, if they match) is extraordinarily complicated and quite interesting for cap nerds like me. It remains to be seen whether the (likely) 2017-18 guaranteed salary clogging the books in the summer of 2017 will cause the Rockets to choose maximum cap flexibility over what could be a potential value contract longer-term (assuming health for D-Mo).