Haynes full of shit (no Nic 4 years, 46.5 Million) (confirmed)

Discussion in 'Portland Trail Blazers' started by RR7, Jul 12, 2012.

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  1. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    I understand too, but it conflicts with the ETO language in the FAQ. It could be wrong, or it could be right. I'm hoping BFW is right, because that would be hilarious.
     
    Sedatedfork, Jul 12, 2012
    #441
  2. DaLincolnJones

    DaLincolnJones Well-Known Member

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    I may have missed something, but I was under the impression that declining the option, is in fact waiving your rights to the optional season etc etc etc
     
    DaLincolnJones, Jul 12, 2012
    #442
  3. Ricky Business

    Ricky Business Wolves Fan

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    http://www.cbafaq.com/salarycap.htm#Q64

    Since we are releasing them before the season with their salary only partially guaranteed then only the salary that is guaranteed is counted against our cap.
     
    Ricky Business, Jul 12, 2012
    #443
  4. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    That's not the issue though. Minny can waive him and he won't count against Minny's cap, but BFW is saying he has to clear waivers first before the cap # is adjusted.
     
    Sedatedfork, Jul 12, 2012
    #444
  5. DaLincolnJones

    DaLincolnJones Well-Known Member

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    •If a player is waived with non-guaranteed salary, his non-guaranteed salary comes off the team salary when he clears waivers

    per your link
     
    DaLincolnJones, Jul 12, 2012
    #445
  6. Rhal

    Rhal Well-Known Member

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    While this is true, you still have to wait for them to be waived for the money to go away from the cap. So Miller is worth 5mill at the moment and when you waive him and his non guaranteed contract when he is off the waiver he will indeed count 0 towards your cap. You still have to wait the 7 day waiver process though.
     
    Rhal, Jul 12, 2012
    #446
  7. DaLincolnJones

    DaLincolnJones Well-Known Member

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    Teams and players may negotiate a waiver of the team's set-off rights. Typically this is done when a contract is altered as part of a buyout (see question number 65), but not at other times.


    --------------------------------------------------------------------------------
    also per your link
     
    DaLincolnJones, Jul 12, 2012
    #447
  8. PtldPlatypus

    PtldPlatypus Let's go Baby Blazers! Staff Member Global Moderator Moderator

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    The portion of the CBA FAQ that Brian has been quoting relates specifically to termination of a contract. An ETO is a mechanism that gives the player the right to cancel an in-force contract, which is why it is mentioned.

    Team options and player options, by contrast, are mechanisms that allow a player or team to enact a tentative portion of a contract. Because that portion of the contract is not yet in-force until the option is exercised, then the choice not to exercise the option does not constitute a termination of a contract, because there is, in effect, no contract to terminate.
     
    PtldPlatypus, Jul 12, 2012
    #448
  9. Further

    Further Guy

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    Danny Ainge is to Pritchslapped as Kahn is to Olsheyanalfisted
     
    Further, Jul 12, 2012
    #449
  10. Ricky Business

    Ricky Business Wolves Fan

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    I seen that after I posted but now I also noticed this:

    I wonder if that is part of what the Wolves extended?

    I am under the impression that they know something that we don't. After all, Taylor is the Chairman of NBA Board of Governors so he had a big part in putting the CBA together.
     
    Ricky Business, Jul 12, 2012
    #450
  11. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    Not so, as far as everything that you've given me to read on it. It seems there are 3 ways you're trying to get around the waiver thing:
    1) By saying they'll just be waived/retired. We've already shown that any contract termination (other than ETO, which is not in place here) requires a waiver process and a 7-day period.
    2) By saying it's a "buyout". The first step of a buyout involves a waiver process, then negotiation of player's payment.
    3) By saying it's a "team option." But this more falls under the category of player salary protection, which is the only thing that applies that can be negotiated.
    In this view, originally the contract could've read "600k of Webster's 5.1M salary is protected for lack of skill. Since MIN did not put him on waivers on or before June 30, 2012, his compensation protection increased to full, ,and the entire 5.1M salary became guaranteed." Then there was a renegotiation in order to "facilitate trades." But according to Coon #60, you can't negotiate in a team option. You can negotiate the following:
    So there's a contract in place for 2012-2013 for both Webster and Miller. You can, up until the renegotiated date, place them on waivers and only have to pay the small guaranteed portion of their salary for 2012-13. This small portion will also be the cap hit, once they clear waivers.
     
    Last edited: Jul 12, 2012
    BrianFromWA, Jul 12, 2012
    #451
  12. PtldPlatypus

    PtldPlatypus Let's go Baby Blazers! Staff Member Global Moderator Moderator

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    From what I've read, the team option has existed since the inception of the contract extension by the Blazers back in '08. The only thing that has been "negotiated" by the Wolves was the deadline date of exercising the option. It had been June 30th, and it was pushed back to (I assume) to July 31st.
     
    PtldPlatypus, Jul 12, 2012
    #452
  13. THE HCP

    THE HCP NorthEastPortland'sFinest

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    Nice one Dog! Like to of saw that myself........ but I refuse to follow any of the douchbags! (Canzano,Jaynes or Quick)

    Funny thing is I know that Quick and Canzano both follow me for some reason..... maybe I'm one of their inside sources and don't even know it!
     
    THE HCP, Jul 12, 2012
    #453
  14. Sinobas

    Sinobas Banned User BANNED

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    So the Kyle Korver deal is off? :smiley-frown:
     
    Sinobas, Jul 12, 2012
    #454
  15. ironcrotch

    ironcrotch Well-Known Member

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    From Mike tokito

    "By my math, TWolves at $43.4mil salary (haven't sign Roy yet). No reason they can't do Batum offer other than it's pointless. Am I wrong?

    That's $43.4M by amnesty on Darko, but w/Webster, Miller still on books, and no Roy."
     
    ironcrotch, Jul 12, 2012
    #455
  16. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    So other examples of contracts like this: Blazers' own Ryan Gomes.
    I can't find one so far that says a team declined to pick up a team option with guaranteed salary and the player didn't go through the waiver process.
     
    BrianFromWA, Jul 12, 2012
    #456
  17. MickZagger

    MickZagger Well-Known Member

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    I'm not in the problem solving kind of mood. I've just been skimming this long thread. Can someone in a sentence, or two, explain how Kahn is shooting himself in the foot right now?

    Is it because he's waiving players and creating cap room when the Blazers are going to match anyways?
     
    MickZagger, Jul 12, 2012
    #457
  18. PtldPlatypus

    PtldPlatypus Let's go Baby Blazers! Staff Member Global Moderator Moderator

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    Other examples of team options--the 3rd and 4th years of 1st round picks' rookie contracts. I don't recall hearing anything about the waiver process after Flynn and Thabeet's contracts ended. Is the "partial guarantee" the material difference here?
     
    PtldPlatypus, Jul 12, 2012
    #458
  19. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    it's because he's trying to bluff with a big offer sheet that he physically can't offer until Web and Miller are waived and clear waivers 7 days later. And if he does waive two assets, and we match anyway, he'll look dumb.
     
    BrianFromWA, Jul 12, 2012
    #459
  20. MickZagger

    MickZagger Well-Known Member

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    Gotcha.
     
    MickZagger, Jul 12, 2012
    #460
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