He borrowed Denny's Delorean for sports betting purposes and was Amazed to see Joel play 75 games for NOH. By the way LeBron knocks Wade the fuck out after his 10th post-game interview where LeBron is cropped out of the shot.
It can bridge more than a single season Huh? I'm not being a smartass. Check it for yourself. http://members.cox.net/lmcoon/salarycap.htm#Q61 EDIT: Joel was insured for the final 11 games of the season (he missed 52 in total) and will continue to be insured until he returns to the court.
From what I can understand. They can't exclude Joel's contract from being insured anymore, but he still has to miss 41 games in order for the company to pay 80% of the guaranteed portion of the salary. Correct me if I'm wrong.
He's already missed 52 ... the games he misses just get added to that total, it's not a per year thing.
nope, he's already missed 52, so 52-41 required to start the payments = 11 games paid for last year. Those payments continue (like Cat Mobley's contract) until the contract runs out, since they can't exclude him now.
How many games did Joel miss last season? The answer is 52. Insurance started paying 80% of his salary with 11 games left in the 2009-2010 season and they will continue to pay his salary until he returns to the court.
Okay, I misunderstood. So insurance would pay 80% of his salary for every game he misses right? It's not the full season?
Yes. 80% of his salary prorated for the number of games he plays in, thus 80% of his per game salary. Once he returns to the court, the insurance goes away.
correct. Insurance pays 80% of his game pay (I think the league rules it on a 1/110 policy, but I'm not positive) from his 42nd game out (which was game 72 last year) until he gets into a game again. Then the clock stops, and the team starts paying his way. But if he came back early and blew out his knee again on his 1st game back, insurance covers every game starting with the next one until he plays in another game or his contract runs out.
My bad I wasn't understanding what you were saying. This makes JPEC even more tempting for NOH. I really feel only NYK has better packages to offer and I think our BIG GUN that I propsed trumps it especially when you add picks, cash, draft rights and Euros.
Okay, so Joel's salary is $7.405 million. Let's say a safe number of games he misses is 30. At 90K per game, he'll be paid $2.7k, and if insurance pays 80%, the total amount they save is $2167, thus Joel's actually salary would be $5.3 million. Is it really that big of a deal maker? :/
You'll have to excuse me everyone I have to retire to the men's room with some tissues and hand lotion. This is getting intense.
Why not? Assuming no evil doing by Stern we trump everyone without even throwing out Oden, LMA or Roy or including a third team. Seriously, aside from Stern tampering only NYK has a comparable package and I feel we can easily trump it.
