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Brand offered 65 mil from Clippers

Discussion in 'NBA Dish' started by RocketFan85, Jul 3, 2003.

  1. NIKEstrad

    NIKEstrad Member

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    Yes, but look at how that adds up- an extra year worth 13 mill. This contract offer (5 yr/65 mill) amounts to averaging exactly 13mill/year. If Brand got the max offer from say Denver, I think this shows Sterling would match it.
     
  2. francis 4 prez

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    actually, it doesn't just go up by 1.3 million each year, it's 12.5% of the previous year's salary. a max six year deal starting at 10.4 is worth 85.47M, which is pretty much the extension steve signed. a 6 year max starting at 10.4 with only 10% raises is worth 80.24M. still not much (and after 5 years is only 4.1M apart) but that's how it's calculated.


    i think sterling just did this to tell everyone he will match max offers from other teams and just to hope that brand will sign it w/o having to give him seven years. if i'm brand, i stay content to make however much insane money i'm making now and then i get the hell out of clipperland next year. now if only the rockets would get sheed, lose his contract and rice's and go after brand next year.
     
  3. UTweezer

    UTweezer Member

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    to him there are 65 million reasons.
     
  4. JuanValdez

    JuanValdez Member

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    Certainly I think Sterling will match on Brand. If the cap is $42.5 million next year, Sterling must pay out $31.5 million in payroll, so he may as well give it to players. He currently has $12.1 million committed according to a hoopsworld article. That means he must spend $19.4 million this offseason. If he doesn't give $10 million to Brand, he'd have to give it to Odom. And, given his MO, he'll be butting against the minimum salary regularly in the future.

    Btw, f4p, Larry Coon says the raises are not compounded: http://members.cox.net/lmcoon/salarycap.htm#45

     
  5. MrSpur

    MrSpur Member

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    No kidding. Certainly nothing to beat your chest about.
     
  6. francis 4 prez

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    well while i have never read that before i swear whenever somebody's contract is mentioned, the dollar amount that is mentioned always comes from the compounded method, not constant increase method. like steve was reported to have 6 yr 85M. that's 12.5% compounded from a 10.4M base whereas with 1.3M raises it's only 81.9M. lots of other contracts are just like this so either total values are misreported or something is wrong.

    edit: okay when i checked another site for our contracts, the only way to get them to work out was doing it the constant way, but i swear steve has a 6 yr 85M deal and with the current 42M cap you can only do that compounding. also, the way some players make absolutely massive amounts of money in the last years of their contracts only seems possible through compounding. but i'll just assume i was wrong and that it's constant, which doesn't make that much sense to me, but oh well.
     
    #26 francis 4 prez, Jul 4, 2003
    Last edited: Jul 3, 2003

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