How come the trade has not been announced officially yet? A bunch of other trades have been done, why can't the rockets and griz just get the hay/battier trade over with
If you have payed any attention to the trade, you would know that because of Battier's contract and his BYC status that the trade cant be official until the 12th....wasteful thread
Battier is still a base year compensation player. Translation: He signed a new contract last season. The salaray cap has to reset on July 12th. After that date, this particular trade will be announced along with contract signings and other trades.
because he is a byc player . i know you can't understand so read this one ; Base year compensation (BYC) prevents another salary cap loophole. Without BYC, a team over the salary cap that wants to trade a player, but can't because of the Traded Player exception (which says teams can't take back more than 125% of the salary they trade away), could just sign the player to a new contract that fits within the desired range, then do the trade. BYC says "if you re-sign a player and give him a big raise, then for a period of time his trade value will be lower than his actual salary." BYC defines the salary that's used to compare players for compliance under the Traded Player exception (see question number 68 for more information about the Traded Player exception). Usually the salary used for comparison is the player's actual salary. But under either of the following circumstances, a different salary is used when comparing salaries for trading purposes: The team is over the salary cap, used the Larry Bird or Early Bird exception to re-sign the player, and the player received a raise greater than 20% (unless it's the minimum salary). The team is over the salary cap, it extended the player's rookie scale contract, and the player received a raise greater than 20%. If either of the above apply, then the player is considered a base year player. A player remains a base year player for six months, or until June 30, whichever comes later. When trading a base year player, the salary used for comparison is the player's previous salary, or 50% of the first-year salary in his new contract, whichever is greater. Here is an example of a BYC calculation: A player earned $2 million in 2004-05, after which he became a free agent. He then signs a new contract (re-signing with his previous team, which is over the salary cap) starting at $9 million. This player qualifies for BYC, so his trade value is the greater of his previous salary ($2 million) or 50% of his new salary ($4.5 million), or $4.5 million. So this player, who actually earns $9 million, is worth $4.5 million for trading purposes. When comparing salaries for trade, teams use their own player's BYC value and the other player's full salary, even if the other player is also BYC. Here is a simple example -- two $5 million players, both of whom are re-signed (by teams over the cap) for $10 million. Both players become base year players whose base year amount is $5 million (50% of the new salary). If the teams want to trade these players for each other they compare their player's base year amount to the other player's full salary. So each team can take back a maximum of 125% plus $100,000 of their player's $5 million base year amount, or $6.35 million. They compare $6.35 million to the other player's full $10 million. $10 million is way too high, so this trade can't be done, even though the players' actual salaries match exactly. If one of the teams in the above example was below the cap, the trade still couldn't be done. For the team under the cap, their player would not be BYC, so they would be comparing $10 million to $10 million. But since the other team is over the cap, their player is BYC, and they'd still be comparing $5.85 million to $10 million, which prevents the trade from working. (See question number 75 for more information about trading BYC players.) For Larry Bird or Early Bird players, the player's BYC begins on the date he signs his contract. For extended rookie scale contracts, the player's BYC begins on the day after the July Moratorium which precedes the first season of the extension. For example, if an extension of a rookie scale contract is signed on 10/30/05, his BYC begins on 7/12/06, because the first season of the extension is 2006-07. If a team tries to trade an extended rookie between the date his extension is signed and the date it takes effect, his "trade value" for the receiving team is the average of the salaries in the last year of the scale contract and each year of the extension. This is called the "poison pill provision." A player's BYC goes away if the team falls below the salary cap, the player signs with a different team, or the player is traded.
If it's not official till the 12th, why don't we just back out of it? Ive heard all this talk about how this was set up prior to the draft and the Rockets didn't expect Gay there at number 8. Let's just back out. Who cares if it hurts our future credibility with the Grizzlies. No need to let ourselves get raped by them.
Many of the other trades and signings you mention are in the same boat as the Battier trade, announced but not consummated because its not July 12 yet. Anyway, don't expect anything different when the trade is announced on July 12, we won't be getting an extra pick or player out of it.