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[fox sports] Yao signs 5 year extension!

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by r-fan-since-81, Aug 26, 2005.

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  1. RocketFire

    RocketFire Member

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    ^^ agree, and plus you would not want to wait for a year because anything could happen.
     
  2. kublick

    kublick Member

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    one question did it including a player option?
     
  3. RocksMillenium

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    You also run the risk of getting injured by this point next year and NOT getting the max deal. Besides, money is money and he's going to be loaded no matter what.
     
  4. thiagu88

    thiagu88 Member

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    thats true. Yao gets most of his money from china endorsements anyway.
    and i have a question. did he actually sign anything yet?
    or did he just agree to terms?
     
    #44 thiagu88, Aug 27, 2005
    Last edited: Aug 27, 2005
  5. rvpals

    rvpals Member

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    Screwed the Lakers and Knicks. We Got Yao! :D :D
     
  6. KALIKULI

    KALIKULI Member

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    Awesome!! This BUDS for you!!
     
  7. tiger0330

    tiger0330 Member

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    This is a big deal so I'm sure the actual signing will be announced at a press conference.
     
  8. jscmedia

    jscmedia Member

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    Really, who gives a damn 5 or 6 years, 20 mil 14 mil, what ever ! Yao is in and that's what matters. 5 years is an eternity in the NBA. GEEZ...some of you are sooooooooo anal.
     
  9. apostolic3

    apostolic3 Member

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    Yao couldn't sign for the 6/90 max until 2007. It's possible he could have a career changing injury in the next 164+ games. For players just coming off their rookie contract, waiting the TWO extra years to grab an extra 15MM+ is an unlikely event IMO. For someone like Kobe, at least he had made serious money already. Signing their first max contract is the ultimate goal of NBA players. Once they play through a max contract, they can afford to be selective (see SAR). Even then, money still rules most of the time (see DS). As stated before, the one big exception I could see to all of this is LeBron. But if the Cavs have a really good year, it's 99% he re-ups with them next summer.
     
  10. Deuce

    Deuce Context & Nuance

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    Awesome news! Great scoop by Berman once again. I hope the Chronicle runs a story on this tomorrow so it can spread on the web.....and onto those Laker boards! ;)
     
  11. TheBear01

    TheBear01 Member

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    WOW!!

    CD is in the zone, no doubt :D
     
  12. Rocket River

    Rocket River Member

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    THANK YOU MUCH

    this is indeed . . .truly. . .Excellent news

    Rocket River
     
  13. Rocket River

    Rocket River Member

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    Also . .you get to renegotiate an even bigger Contract a year sooner

    Rocket River
     
  14. tiger0330

    tiger0330 Member

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    He signed his 4 year deal in 10/2002 so I believe he could have re-upped before the 2007 season, meaning he would be at risk of injury for 82 games and the guy has been a rock so I don't think that waiting until next off-season is risky given his history. Don't get me wrong, I'm glad Yao is locked up but I find the signing curious and the CBA rules quirky.
     
  15. Ubiquitin

    Ubiquitin Member
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    YEESSSSSSSs.

    Yao Ming is my favorite Sino-center.
     
  16. MrRolo

    MrRolo Member

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    I've never seen so much good news in one offseason
     
  17. rvpals

    rvpals Member

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    I hope this is really true. I haven't see any Houston Chronicle article or othe media reporting it yet.
     
  18. Nolen

    Nolen Member

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    We are so incredibly lucky to have Yao and Tracy tied up in long term contracts a the age of 25. They will now spend their primes becoming stars together on the same team- ours.

    Question- what does our cap situation look like now, for the forseeable future? We have several expiring contracts that come off the books once Yao's max deal comes into play. With Yao and Tracy at the max long term, are we ever going to be under the cap for the next 5-6 years?
     
  19. forchette49

    forchette49 Member

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    Whew! That's right, he's not a free agent until after this season, this is simply an extension... :)
     
  20. m_cable

    m_cable Member

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    The CBA rules are quirky in order to give teams an advantage in re-signing their own free agents. And it's not as if one of these deals has more profit potential than the other. A five year extension now and a six year contract next year have the exact same starting salary and same raises. It's just that the six year extension has an extra max year at the end.

    I mean, it's not like Yao will never see another max contract offer. In a few years, they can open up negotiations for another extension and they'll just tack on 3-4 more max years on the end of his deal .

    I mean look at the risk in signing a five year extension, Yao gets hurt or doesn't live up to expectations and isn't worth another max extension in 2011. Weigh that against the risk of waiting waiting one year to sign a six year contract. There's still the risk of getting hurt, and losing a max contract. But if you get locked up now, you can always fall back on that $70+ million.
     

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