1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Cap Question on Lewis

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by MManal, Jul 20, 2000.

Tags:
  1. MManal

    MManal Member

    Joined:
    May 1, 2000
    Messages:
    1,516
    Likes Received:
    1
    This is a question for the capologists. Let's hypothetically say that the Rockets and Sonics agree to a sign and trade on Rashard Lewis. If the Rockets give them salaried players like say KT and Drew and move them the exception 4.5 mil, can the Sonics exceed the 4.1 mil they are allowed to sign with in a trade? Like could they do the 4.1 mil plus tack on a 2 mil which is the salaries of KT and Drew? Just wondering.

    If they cannot do this, then Rashard would be better off signing a 1 yr deal and then coming onto the market next summer.



    ------------------
    Check out the Best Source for Draft Info

    Draftsource.net
     
  2. Mango

    Mango Member

    Joined:
    Sep 23, 1999
    Messages:
    10,200
    Likes Received:
    5,651
    Until I get overruled, it wouldn't be allowed.

    Every contract signed is a singular event that has to pass under the rules of the CBA.

    If your concept was possible, then the Rockets could apply the trade exception to sign Cat for more than +/- 4.1 million Early Bird that they can offer him. I sure wish they did because those Cuttino threads are getting old.

    Mango

    ------------------
    1. Put new topics in the proper forum
    2. Use clear wording for new threads
    3. No duplicate threads
    4. Conduct yourself as an adult
    The Serious Police are watching
    Donate Blood or be assimilated!



    [This message has been edited by Mango (edited July 20, 2000).]
     
  3. NIKEstrad

    NIKEstrad Member

    Joined:
    Mar 21, 2000
    Messages:
    10,232
    Likes Received:
    4,238
    Mango-but a sign and trade is just 1 transaction.

    Seattle can only sign Lewis for 4.1 million. In a sign and trade, Lewis' salary would be 4.5 million.

    What I'm wondering, is since the supposed BRI that determines the salary cap is allegedly higher, I wonder if the average salary is a little higher too (of course it is, but by how much? Could the possible offer we have for Cuttino start at 4.5?)

    ------------------
    The more lefties on your team, the better.
    Collier is Seven Foot and Left Handed. How can you go wrong?
    Trade or bench Kenny Thomas.
     
  4. aelliott

    aelliott Member

    Joined:
    Jun 11, 1999
    Messages:
    5,936
    Likes Received:
    4,900
    Mango-but a sign and trade is just 1 transaction.Seattle can only sign Lewis for 4.1 million. In a sign and trade, Lewis' salary would be 4.5 million.

    Mango is correct on this one. A sign and trade doesn't change the amount that Seattle can sign Lewis for.

    Nike, I'm not understanding what you mean when you say that Lewis can get $4.5M in a sign and trade deal, but only $4.1M if he signs with Seattle outright.

    A sign and trade deal is two separate transaction, but they are treated as a "single atomic transaction". That means that there's two parts to the deal and both parts must be completed or the whole deal is void. In other words, once a player has signed a contract for a sign and trade deal, his team can't change their mind and keep him. If they choose not to trade him, then the contract is void.

    It's just like the name implies, first you must sign the player (using whatever cap space or exceptions that you have) and then you can trade the player.

    ------------------
     
  5. Mango

    Mango Member

    Joined:
    Sep 23, 1999
    Messages:
    10,200
    Likes Received:
    5,651
    NIKEstrad,

    But it isn't that much closer to the 6 to 6.5 million that RF34 wanted to do for Lewis.

    A sign-n-trade is one atomic transaction in so far as Rashard signing a contract with Seattle and then being traded within a short interval (48 hours) that is specified in sign-n-trade contract language. If the trade fails, then the contract is voided.

    1. Rashard signs a contract that calls for him to be traded as part of a sign-n-trade.

    2. The mechanics and numbers of the contract that he signed has to work out in a trade with Houston as far as salary cap and so forth. Until he signs the sign-n-trade contract with Seattle, Houston isn't able to deal with Seattle for him.

    Also, if I am reading the FAQ correctly, then a sign-n-trade for Lewis is allowed if he signs a 3 year contract. Since Seattle can only go to the +/- 4.1 million neighborhood on an Early Bird, then he would be shortchanging himself moneywise. FAQ #63.


    Mango

    ------------------
    1. Put new topics in the proper forum
    2. Use clear wording for new threads
    3. No duplicate threads
    4. Conduct yourself as an adult
    The Serious Police are watching
    Donate Blood or be assimilated!
     
  6. NIKEstrad

    NIKEstrad Member

    Joined:
    Mar 21, 2000
    Messages:
    10,232
    Likes Received:
    4,238
    aelliott-I had in my head 4.5 from the previous thing, and noticed I put 4.5 instead of 4.1 (the early bird as soon as I clicked send, that post was deleted.

    Mango-You just brought up something I didn't think about. Sign and Trades must be 3 year deals minimum. Lewis can only sign a 2 year early bird contract. The only way I believe he could get a 3 year deal, would be to sign at 105% of his salary last year (some pitiful amount starting around 400K?) I don't have the FAQ available right now, so that could be wrong. But that just screwed up just about any chance we had of Lewis.

    ------------------
    The more lefties on your team, the better.
    Collier is Seven Foot and Left Handed. How can you go wrong?
    Trade or bench Kenny Thomas.
     
  7. aelliott

    aelliott Member

    Joined:
    Jun 11, 1999
    Messages:
    5,936
    Likes Received:
    4,900
    Lewis can only sign a 2 year early bird contract.

    NIKE,

    Early Bird contracts must be a minimum of two years. Lewis would be able to sign a 3 year Early Bird deal. Financially, though, it's not the best thing for him to do.

    ------------------
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now