What are the positives and negatives to extending the QO early? To me, I think it makes sense to extend the offer early so that Greg can look for another offer (and the Blazers can match a market value offer). If the Blazers offer the QO late, it seems to me that makes it less likely that Oden will be receiving other offers so, it would make it more likely that he accepts the QO. If he accepts the QO, we can be pretty sure that he is a Blazer for only one more year. If however, Oden does not accept the offer and instead accepts an offer from another team, the Blazers can match that offer and ensure that Oden is a Blazer for longer. Please let me know if I have a logic malfunction.
My understanding is that the deadline to offer the QO is prior to the start of free agency. So "early" and "late" offers of the QO won't have any effect on offers from other teams. I believe the deadline is the end of this month, so we're only talking about a window of a couple of weeks.
So the Blazers can offer Oden either a one year or six year contract? They can't offer him a 4 year contract?
They can either offer just the QO or both the QO and a max salary six-year deal for him to choose from. Those are their two options (other than offering him nothing).
That's right until the June 30th date. After that (and whenever a new CBA is signed) the Blazers and Oden can negotiate a new contract of any length and amount up to whatever the new CBA allows.
Oden's Q.O. rights transfer in a trade though, right? Under that assumption, there is no reason to extend the Q.O. (or offer a max-extension once the lock-out ends) prior to the draft. If Oden isn't moved in the draft, then the Blazers can extend the Q.O. the next morning. If a trade is available with a team, and Oden is a key of it, then let that team have the option on offering the Q.O. (which I'm sure they would do if they traded for him). I may be missing an obvious reason, but I can't think of a reason why Portland would offer it prior to the draft.
Not sure I'm following you, PapaG. The Blazers have to extend Oden a QO prior to June 30th or else he becomes an unrestricted FA. Oden can't be traded prior to June 30th because he's on an ending contract. Once the new CBA kicks in, teams can make Oden whatever offers they want allowed under its terms. If Portland has the QO on the table, then Oden's a restricted FA and they have the right to match anybody's offer. Portland can also make its own separate deal with Oden. The QO is irrelevant in regards to trades.
That was my question. So, Oden definitely can't be packaged on his existing contract, which expires 6/30? Do we know that for sure. I admit that I don't know the answer, and I've seen some posters I respect say that he can be traded, and others that I respect such as you who say he can't be traded. Isn't he still on his rookie deal? Or, was the trade deadline the expiration date for trading him on this contract?
the trade deadline was the last time you could trade him, he will be a rfa july 1st, at which point we could sign him to an extension, sign and trade, let him walk to another offer, or he accepts the qo and comes back for a year. if we sign him to an extension, we could trade him 90 days after that, or december 15th, whichever is later. this is important though if he accepts the QO, we can NOT trade him without his consent for the year
Thanks, and eblazer, I read your post as well. I've seen trade scenarios involving Oden during the draft, and it left me a bit confused. You two cleared it up!
SamAmicoFSO Trail Blazers have until June 30 to offer Greg Oden one-year qualifying offer. Starting to sound like they will.
At the end of said multi-year QO, would he be restricted or unrestricted? (insert "he'll be medically retired" joke here... yeah yeah, just answer the question, laughing boy)
I dunno? I am not CBA savvy. I tried to look it up on Larry Coons site, but couldn't find it either, I did find out that it would be for 6 years at the maximum salary though
At the end of that contract, Greg would be an UFA, but the Blazers would still have his Bird rights (if that exception is continued in the new CBA). Restricted free agency only applies to players coming off of a rookie scale contract.
I read that, but didn't see it. Where does it say he will be an UFA? Did I somehow miss it again? What I mean is, would the Blazers have the right to extend him again before the max QO deal ran out?
It doesn't say it in that blurb, he was giving information about the QOs that can be offered (either one year or six years). RFA only applies to rookie contracts, though. Every contract after a player's rookie deal (including extensions to it) culminate in UFA. Portland won't have a "right" to extend Oden after a QO deal runs out (whether the one year or the max version), but they will have his Bird Rights in either case. At least, based on the situation under this CBA. The next CBA may change things.