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Will Yao sign extension this summer or next summer?

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by choujie, Aug 11, 2005.

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  1. choujie

    choujie Member

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    This is an article from sina talking about the possibility of Yao refuse to sign max extenstion with Rockets this summer, and I think it's a legitimate concern.

    http://sports.sina.com.cn/k/2005-08-11/11401713924.shtml

    Based on new CBA, if Yao signs MAX extesnsion with Rockets this summer, he'll get $74,860,875 for 5 years, plus 5.96mil for this year, that's around 81 million for 6 years. But if he wait until next summer, the max contract will be $93,740,625 for 6 years, plust 5.96mil, it's close to 100 mil for 7 years.

    Of course, Yao may get another max contract offter after the first one,but there is also a possibilty that he gets injured during his first max contract period. I believe Yao is loyal to Rockets and will sign with Rockets , but if you were Yao, what would you do? this summer or next summer?
     
    #1 choujie, Aug 11, 2005
  2. YallMean

    YallMean Member

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    81 mil 6 year = 13.5 mil /year
    100 mil 7 year = 14.28 mil .year

    About 5 mil difference.

    But I am sure is going to make more than 5 mil per year on the next contract even if he only has one leg. So sign now. Makes financial sense. What if he's injured this coming season.
     
    #2 YallMean, Aug 11, 2005
  3. MrButtocks

    MrButtocks Member

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    Well, I'd just get that money inked and worry bout that extra year when it comes. Yao will be 30 when the extension ends, he'll be well worthy of that 19 million dollar salary. Trust me, he's got more than one contract left in him. What if he gets seriously injured next year, and he's not signed? Then he gets almost nothing.
     
    #3 MrButtocks, Aug 11, 2005
  4. micah1j

    micah1j Member

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    If Yao doesn't sign this summer and gets a serious injury he will have just blown $70M+. :eek: That is a bit more than the measly 5M you guys are talking about. That is too huge of a risk for anyone. The only way he doesn't sign is if the Rockets do offer him a contract.
     
    #4 micah1j, Aug 11, 2005
  5. m_cable

    m_cable Member

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    70 million now > 90 million in the bush

    Err... something like that.
     
    #5 m_cable, Aug 11, 2005
  6. Slick Rick

    Slick Rick Member

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    Let's speculate on the real question here. Will Yao's participation with summer basketball in China change after he signs a max deal? :eek:
     
    #6 Slick Rick, Aug 11, 2005
  7. Gummi Clutch

    Gummi Clutch Member

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    Can anyone shine some light on what the Chinese Business Mentality would be??? If its any different.

    If Yao doesnt sign an extention this summer I am going to be very worried. The Lakers are going to use Rudy to go after Yao hard.
     
    #7 Gummi Clutch, Aug 11, 2005
  8. JuanValdez

    JuanValdez Member

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    I'd take the extension now and avoid the risk. It's not even a very large monetary loss to do so.

    No, I doubt it.
     
    #8 JuanValdez, Aug 11, 2005
  9. Nautic

    Nautic Member

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    Does anyone know what contracts these players signed after finishing their rookie contracts:

    Kenyon Martin F
    Eric Dampier C
    Big Z C
    Nazr Mahamad C
    Mehmet Okur C
    Carlos Boozer F
    Jerome James C

    Just for comparison purpose. Thanks.
     
    #9 Nautic, Aug 11, 2005
  10. m_cable

    m_cable Member

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    Off the top of my head:

    Martin - Max
    Big Z - Max
    Okur - 6 years 50-60 million
    Boozer - 6 years 68 million
    Damp - I don't know, but Cuban just gave him 7 years 70+ million last year
    James - 5 years 30 million is what he got from the Knicks this summer.
     
    #10 m_cable, Aug 11, 2005
  11. YallMean

    YallMean Member

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    CD should just hand a bag of cash to Yao and tell him the deal is done.
     
    #11 YallMean, Aug 11, 2005
  12. qrui

    qrui Member

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    there isn't much differences in terms of the business mentality... mind you the chinese have been learning every thing the "westerners" doing. besides, the yao team are mainly americans, and chinese americans who got their business degrees in the states anyway.
     
    #12 qrui, Aug 12, 2005
  13. Nautic

    Nautic Member

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    Wow, m_cable is a walking encyclopedia.

    Damp 70+ in 7yr? If Yao were to sign the 70 in 5 yr offer, I bet Mark Cuban would want to hang himself on the spot upon hearing the news.
     
    #13 Nautic, Aug 13, 2005
  14. homewight

    homewight Member

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    Could refusal of play for the Chinese national teams (excluding Olympics) be inked in the deal? Or would the original deal need to be worked into the new one?
     
    #14 homewight, Aug 13, 2005
  15. jevjnd

    jevjnd Member

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    If you guys are worried about that difference in money you're terrible fans. I'd like to sign him this year, only to guarantee that he'll stay a Rocket; and not to screw him out of a few millions. He's done everything that he can for this team. Granted some people aren't totally satisfied with his progress, I'd still like to see him a Rocket man till retirement, along with T-Mac and Swift. I'm really impressed by what Swift did to be with this team, the man has character.
     
    #15 jevjnd, Aug 13, 2005
  16. coolweather

    coolweather Contributing Member

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    test

    he's tradeable..
     
    #16 coolweather, Aug 13, 2005
    Last edited: Aug 13, 2005
  17. room4rentsf

    room4rentsf Member

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    does any disagree w/ the Rox wanting to give Yao the Max?

    J
     
    #17 room4rentsf, Aug 13, 2005
  18. apostolic3

    apostolic3 Member

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    I heard a blurb on the radio today that Yao's reps are looking at a Rocket proposal and it's very likely he will sign before the beginning of the season. Question for someone: Besides Kobe Bryant, what free agents have turned down a max contract while a RFA?
     
    #18 apostolic3, Aug 13, 2005
  19. ROXTXIA

    ROXTXIA Member

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    Ditto.

    And as far as his progress, we all know that every team in the league besides Miami would pay him top dollar right now.
     
    #19 ROXTXIA, Aug 13, 2005
  20. Deckard

    Deckard Blade Runner
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    I'm sure someone here will, but of course the Rocks offer him the max. And he'll happily sign on the dotted line. I'm not the least bit worried about it. I'm more concerned about his offseason schedule, long term. If he keeps doing what he's been doing, he'll never be the player he could become in the NBA, and he won't last, imo. I would love to be wrong. Hopefully, his schedule will change.

    You still sign him to the max, and he's still worth it.
     
    #20 Deckard, Aug 13, 2005
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