assuming 10.5% raises and assuming you still get 25% of the max with yao's experience, then it would be 5 years, $74.87M. nice chunk of change.
Many Laker fans have decided that Yao is not good enough for them, and they would rather have Amare or Lebron. After all, they do have Bynum!
Just give Yao a signed contract but leave the dollar amount blank. Let him fill in what he wants. This will be my way to woo my star players if I happen to become the GM of a NBA team one day.
B. Length of Contracts The maximum length of a player contract has been decreased from 7 years for Bird players and 6 years for other players to 6 years for Bird players and 5 years for other players. D. Maximum Player Salaries As under the prior CBA, in the first year of a new contract a player may receive the greater of 105% of the player’s prior salary, or: • 0-6 years of service: 25% of Salary Cap ($12 million this year). • 7-9 years of service: 30% of Salary Cap ($14.4 million this year). • 10 or more years of service: 35% of Salary Cap ($16.8 million this year). The maximum player salaries will continue to be based on a 48.04% of BRI Salary Cap (not on the new, higher Salary Cap). http://www.draftexpress.com/viewarticle.php?a=1065 Not sure about the 5 years - from above sounds like 6 years.
So that'll be in the neighborhood of 5 years $72 million. The old CBA said: http://members.cox.net/lmcoon/salarycap.htm#49 If they're consistent about chopping off one year, then the max length off a rookie deal is 5 years.
Hmmm... Sounds like they count the 4th year (team option year) of the rookie contract as the first year of the extension.
This is correct. Under the old CBA, the longest a player could be under contract into the future was 7 years. Now it's 6 years. Take a look TMac's extension - it was only for 3 years, if I recall correctly. The same basic premise holds true, except it's been scaled back a year. A max extension for Yao would now be for 5 years, and we would have him under contract for the next 6 years.
T-Mac had one year left on the Magic contract (with a player option for 2 more years) making it a total of 3 years. Could we have signed him to a 4 year extension instead of 3 (to make it a maximum 7)?
You guys are confusing me here with all these CBA talk. I don't care as long as we can sign Yao to the maximum years possible. GET IT DONE NOW.
A question for all of you contract experts: Can Rockets give bonuses on the contract based on performances besides the max deal money that's given to Yao? Like they have in football, certain number of touch towns you got a nice bonus.
No. Max is max. There can be bonuses like what Ray Allen got but the bonuses bring him upto the max salary not past it.
For accuracy's sake, it couldn't have been a player option, but an early termination option - not much difference except in terms of nomenclature. It's possible, but I doubt he would have not gotten that extra year - without going back to look at a now-defunct CBA, the wording on extensions could be since TMac had not been a Rocket for his contract, he was limited to being up for 6 years (he could have extended to 7 years as a Magic). Just my hunch- I'll look at it more closely later. I looked fairly extensively at extensions at the time we were considering trading for TMac, and I probably covered it at some point, my memory is fuzzy on it right now, though. rvpals- Yes and no. The Rockets could make any number of bonus options (though I'm not sure exactly on bonus options), but with guaranteed contracts he'd be silly to do so. The total value of the contract can't exceed the determined maximum - why would he want to make any part of it based upon reaching certain values?
ok, so if he signs the extension this summer it can only be for 5 years. If he signs it next summer it can be for 6 years. Its better to go for the 5 year deal as he wouldn't want to "Eddy Curry" himself.
