But when they use the "cap room" to sign Whiteside, don't they need to renounce all exceptions, including the Early Bird Exception, first? I think that when a team does the "cap room" route, as oppose to operating over the cap, they cannot use pretty much any of the usual exceptions (Bird, Non-Bird, Early Bird, Full MLE and what not) and must sign everyone using cap room (or the "Room Mid-Level Exception). And I am pretty sure they have to go the "cap room" route with Whiteside because he, too, is only an Early Bird free agent.
You don't really renounce the Early Bird EXCEPTION. From a cap standpoint, it's more about the CAP HOLD of the player for whom the team has Early Bird rights. In Johnson's case, he has a very small cap hold, so the Heat will strongly resist a scenario in which they have to flat out renounce his rights. Where the Rockets, Bulls and other teams come in is to try to get Johnson to sign an offer sheet ASAP on July 7 in order to put a time crunch on the Heat. From then, Miami will have 3 days during which to sort out all of their other cap issues (including, most notably, re-signing Dwyane Wade) before they must elect whether to match the offer sheet. (During those 3 days, Johnson will continue to count only at the lower cap hold amount.) If Miami can't get all that sorted out in time, then the Heat may have to begrudgingly let Johnson walk.
This is not true. The Early Bird is limited to 175% or 104.5% of league average, whichever is greater. The greater one allows them to match the MLE, which is is essentially league, although no longer officially attached to league ave with the new CBA Again the Arenas Prevision prevents outbidding and Early Bird exception player. It's the whole unmatchable raise thing that is prevented
Heyp is right. I'm actually very curious how the league will handle the massive "de-coupling" of the MLE from the "average player salary" in the next CBA. Obviously, the MLE needs to be increased. But will it be increased enough to keep up with the average player salary? If not, then Early Bird rights will become increasingly more valuable compared to MLE offers in free agency.
Carl Herrera, Bird exceptions of any type do not have cap holds. You don't have to renounce them. In fact, you cannot renounce them. Short of renouncing the players, the bird exceptions stay available The way to look at it is the Players Union made sure that player rights to use their time-served exceptions under one contract or one team (bird exceptions) are never allowed to be renounced by teams as a means to say "oh sorry, we overspent on others so can't give you that raise you want"
Yeah I believe you are right. There are more details on the arenas provision than I was aware of. This isn't exactly the same as Lin or Asik.
Actually, this is EXACTLY the same as Lin and Asik. Same rules apply. It's just that the Knicks and Bulls were already over the cap, whereas the Heat will be dropping below the cap and trying to work through some cap mechanics in the coming days. But Johnson's cap situation is the same as Lin's and Asik's.
I would take B. Jennings over Tyler Johnson, if i got to give someone 10 million. Jennings is a another ball handler at the pg spot and who can do work with and without the ball. Only thing is he is on the small side. 1st round talent, 2nd year off of a achilles injury should be able to get him for reasonable money.
Would that mean that the Rockets can offer the full MLE to start the contract, meaning Chicago would need at least $5.6 million in cap space to match?
No, for the team that signs him to the offer sheet, they need to have enough cap room to fit the AVERAGE salary of the deal into 2016 cap room. So, if the Rockets were to sign Johnson to a 3yr/$36M offer sheet, they'd need at least $12M in cap room. The $5.6M CAP HIT would only apply to Miami.
I'm sorry....yes. That's what I mean. Just to be clear, here's a scenario: Miami renounes all free agents (including Wade) to sign Whiteside, leaving ~$19 million in available cap space. Then Wade signs for $17 million per. This would leave about $2 million in cap space (or a little more than Johnsons early bird rights). If Houston offers a 3 year $36 million deal that is structured as 6/6/24, Miami WOULD NOT be able to match it. Is that right?
Well with the Heats cap situation, theres a chance him being restricted won't matter, they could renounce his rights to free up cap, or we could sign him before they come to a agreement with Wade. I see he's a good shooter, but the volume/low quanity of games scare me. What where his injuries? How is his defense? He'd be a PG here as well right?
Miami would need to leave Johnson's cap hold (around $1.2 million, I think) on the books throughout their cap gymnastics. Then, AFTER they sign Whiteside and Wade, they could exceed the salary cap (via Early Bird rights) to match the offer sheet on Johnson.
Ok. So they only need $1.2 million in space to match Johnson. I was trying to see if there was a way to force Miami to choose between Johnson and Wade. With a cap hold that low, it doesn't look like it.
finsraider, The early bird for Johnson has a ceiling of 104.5% of league average salary, not 175% on Johnsons previous salary. The early bird can match the MLE.
The key to all this would be TIMING. Can Miami come to terms with Wade BEFORE the 3-day window to match the offer sheet closes? If yes, then it might be tough to get him out of Miami. Otherwise, Johnson could be had.
Three days is a long time. Especially since you're talking about three days from the 7th right? So July 10th.
