Dwight Jaynes claims that "When Batum, or any restricted free agent, signs an offer sheet, the cap hold with his original team immediately becomes the figure that he's signed for on the new offer sheet." (link below) Is this correct? I would have assumed the cap hold wouldn't change until the original team matches. http://www.csnnw.com/pages/landingd...t-T-Wolves-Blaze=1&blockID=733826&feedID=8351
The consensus seems to be that Jaynes doesn't know what he's talking about. Besides, Indy would be in the same boat with Hibbert when he signs with Portland, meaning they'd either have to match Hibbert, or renounce him and offer Eric Gordon, for example. Then, if Gordon is matched, no HIbbert and no Gordon for Indy. That can't possibly be a rule. I just don't see how what Jaynes is saying can be true. It's punitive for teams with their own RFAs and cap space for other FAs.
This is the way I see it, and the only way that really makes sense. In the comments section Jaynes claims a GM confirmed his stance. I just don't see how that could be.
it's because the beancounters are adding up the entire NBA revenue from last year, looking at salaries, etc...double-checking, setting the new cap #, tax # and BRI calculations, and then double-checking those. Then sending it out to the teams. It's not so teams can have more time to talk to FAs or anything. It's an accounting thing
Jaynes is full of crap. Read articles from the DeAndre Jordan match last year. Storyteller himself confirmed the cap hold doesn't change until the team matches earlier today on BlazersEdge.
Well, if it is true, then Stern should be fired immediately by his employers, the owners. It seems impossible, though. Hey, let's offer a guy $10m+ per, and then his team will either have to renounce him or have their cap space diminished significantly.
http://espn.go.com/nba/story/_/page/CBA-111128/how-new-nba-deal-compares-last-one 2011 CBA: Cap holds are reduced for most players who have Bird rights or were first-round picks, and now range from 150 percent to 250 percent. Teams have three days to match an offer sheet to its restricted free agent. Players can qualify for a better qualifying offer by meeting certain criteria. High-drafted players might receive a lower qualifying offer by failing to meet the same criteria. Who benefits? The reduction in cap holds provides teams with additional cap room to spend on other team's free agents -- giving players slightly higher salaries and promoting player movement. The reduction in the waiting period from sevendays to three days is a big win for restricted free agents -- teams are often very hesitant to make offers to restricted free agents because they don't want to tie up the salary amount on their cap for an entire week while the other team makes up its mind whether to match.
http://www.cbafaq.com/salarycap.htm#Q37 A restricted free agent is included in team salary by the greatest of: * His free agent amount (as defined in the table above) * The amount of his qualifying offer (see question number 43) * The first-year salary in a first refusal exercise notice (a notice given to the player that the team is exercising its right of first refusal by matching an offer sheet (see question number 43)
It looks to me like the offering team ties up the offered amount until the player's team decides to match or not (3 days). The player's team ties up the QO amount in cap space. However, if a team offers a guy like Batum $15M in salary (1st year), then $15M amount is used to determine MLE and other exceptions the Blazers might have.
Basically, if Hibbert doesn't sign on Day One, and if Batum does, then the new cap hold takes effect. Which means if Hibbert doesn't sign on Day One, and Nic does sign, that the Blazers likely match Batum and set their sights on someone other than Hibbert, because the offer to Hibbert won't be valid, anyhow. If Hibbert signs on Day One, though, then the cap space remains the same, regardless of if Batum signs 30 seconds before Hibbert. Which makes sense. That's what the negotiation period is all about, and Indiana can offer Hibbert a 5-year contract during the period, as the Blazers can do with Batum.
LarryCoon: No, they don't. RT @cd1042: do cap holds change to offer sheet amounts during 3 day window to match?
