Crap! Yes. A team under the tax but over the cap.GarbageTime wrote:
Crap! Yes. A team under the tax but over the cap.
Read my blog, The Picket Fence. Guaranteed to make you think or your money back!
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http://sportsillustrated.cnn.com/201...emo/index.html
Billy Hunter's 'sell' of the settlement to players.
Source: NBA.comFor the first time since the lockout began on July 1, NBA players are going to be welcomed back to their team facilities, said league spokesman Tim Frank. The league sent a memo to clubs Tuesday announcing the move, plus giving teams permission to begin speaking with agents at 9 a.m. Wednesday -- though deals cannot yet be offered, and no contracts can be signed before Dec. 9.
Teams may host "voluntary player workouts" and physicals. Training camps will not open until Dec. 9
This is the equivalent of the period between July 1st and July 9th each year. Get ready for rumour-ville!
Also equivalent to the September-October period when the players can come in early and use the teams facilities and training staff to start ramping up their conditioning before the camps open. Glad to see it happening.
Puffer
Bosh's TPE still in play?
ESPN is reporting that Toronto and Cleveland's Traded Player Exceptions from Bosh and Lebron will still be available:
Source: @WindhorstESPNNot finalized,but NBA execs expecting to get lost time back on trade exceptions that expired in lockout.Biggest is Cavs $14.5M (9 days left)
Brian will have even more flexibility during the free agency period - I just don't expect him to use it though.
NBA, plsyers settle antitrust suit?
It would appear they are a few days ahead of schedule?ZachLowe_SI Zach Lowe
Multiple sources confirm NBA, players settled the players' antitrust suit last night, pending re-formation of the union. Post up soon.
That's very interesting... I wonder if it would be possible to use the TPE to pick up an amnestied player. The reason I think it might be possible is that from what I've heard, amnestied players are essentially waived players, and under the last CBA, teams could use their TPE to pick up waived players according to the Coon CBA FAQ (you can't use it on free agents, of course). So the Raptors could hypothetically use their current cap space to sign a UFA, and then use the TPE to pick up an amnestied player... they could, for example, use all of their cap space on a wing, then use the TPE to get an amnestied center, or vice versa. Maybe a guy who's on a one year contract, so you've still got lots of flexibility next offseason... Chris Kaman for example, if he gets amnestied. (Yeah, not the defensive center we need, but a one-year stop-gap that won't hurt our chances of a high draft pick too much.) Even though his contract is about 12 million, you should be able to just make a bid of 9 or whatever is left on the Bosh TPE, and if you win the auction, that's your cap hit.
I'm not advocating that they do this (I like the idea of going with pretty much the guys they've got under contract and a couple bench warmers), but it's one direction they could go.
Another formality done
The union representing N.B.A. players should be back in business by Friday morning, ensuring a timely completion of the league’s new labor deal and a Christmas Day opening.
At least 260 players needed to sign and return union cards by the close of business Thursday to keep the process on track. As of early Thursday afternoon, all indications were that the figure would be met. The cards are being collected and verified by the American Arbitration Association.
The process is fairly simple, because the National Basketball Players Association never really disappeared. It has been functioning for the last two weeks as a professional association, rather than a union, but with all of the same employees and contractual relationships.
Once the N.B.P.A. becomes a union again, the parties can return to the table and negotiate a number of so-called B-list items for the new labor deal. Ratification by the owners and players is expected late next week. The league is aiming to open training camps and free agency Dec. 9, with opening day set for Dec. 25.
Source: Beck, NYTimes.com
With the Melo saga last year and the Howard/Paul saga unfolding this year, the above is very refreshing.Royce Young: Someone asked KD not to go join other stars and he responded, "I'm gonna be in Okc until they don't want me anymore! Don't worry about it." Twitter
It's refreshing, but is it believable? After all, didn't Paul just say the other day that his heart is in New Orleans?
considering KD is just one year (?) into a new extension on a team thats heading in a very exciting direction its not hard to believe him. Can't think of any players that have said otherwise at the same point in their career. (Melo, Lebron, Vince, Dwight). Right now everything in OKC is sunshine and butterflies with a KD.
Players have 27 hours to vote starting Wednesday
Sam Amick: In letter from @TheNBPA head Billy Hunter obtained by SI.com, he tells players a 24-hour window to vote on CBA will begin Wed. at 1 pm EST Twitter.Sam Amick: Correction on timing: Voting open for "more than 24 hours," until 4 pm EST on Thursday. Twitter
Deron Williams actually just came out and said theres a 90% chance he resigns with New Jersey.
I guess saying you're staying with the Brooklyn Nets is a little different than saying your staying in Oklahoma, but still. Good for him. Fans need that sorta thing.
“I am so clever that sometimes I don't understand a single word of what I am saying.”
― Oscar Wilde
D-Will has been back pedaling a little on that statement, he says there is a good chance he re-signs with the Nets, but that the 90% number was just something he said without much thought.
D. Will is full of crap. He doesn't want to get booed and this is his damage control. Here's your likely 10% Nets fans:
Source: Twitter @basketballtalkReport: Mavericks saving cap space to make run at Deron Williams http://dlvr.it/zFp31 #PBT #NBA
Thats his hometown as well and they need to replace JKidd.
Amnesty details
Source: SI.comStill, the provision will stay alive for the full length of the new collective bargaining agreement. Teams can use it only once, and only for “contracts in place at the inception of the CBA,” according to a summary of the draft agreement.
The idea is simple — cut a player with pay so his salary doesn’t count against the cap or luxury tax — but as I wrote last week, the details are complicated and carry several crucial questions. The two sides have now reached a broad agreement on some of the thorniest questions, according to a source close to the talks. Some bullet points:
• Teams will not be able to use the amnesty provision on a player acquired in a trade going forward. The CBA summary says teams can apply amnesty to a pre-existing contract. It does not say whether teams must already have that contract on their books, or whether that contract must simply exist. There had been hope, for instance, that the Nets could acquire Hedo Turkoglu’s contract in a theoretical Dwight Howard trade and then use the amnesty provision on Turkoglu instead of the less-expensive Travis Outlaw. Turkoglu’s contract is “in place,” in some sense, after all.
But alas: The sides have agreed that teams can use the amnesty provision only on players they have now. That is a bit of a disadvantage for teams such as the Thunder and Grizzlies that have no viable amnesty candidate, though it does provide a form of long-term insurance should any of their players become unproductive down the road.
• The salary of any player waived via the amnesty clause will continue to count toward the salary floor. This could be of major interest to a team such as the Wizards, who would fall so far under the salary floor (about $49 million per team) by using amnesty on Rashard Lewis as to make the provision almost unworkable for them this season. But if Lewis’ $20.6 million salary continues to count toward that floor — and not against the cap — even after amnesty, the provision is more useful in the short term. Regardless, the Wizards indicated last week that they will not use the amnesty clause on Lewis this season. That makes some sense, considering this center-heavy free-agent class doesn’t have much to offer a team trying to develop its own big man (JaVale McGee).
• Teams will not be able to use the new “stretch” provision on players they acquire via the amnesty process. The stretch provision will allow teams to waive a player and stretch the annual cap hit well into the future. For instance: If you release a player with two years and $20 million left on his deal, you could stretch the cap hit over five seasons — twice the number of years left on his contract, plus one. The goal is to soften the short-term impact on cap flexibility so that teams will be more willing to waive players they don’t want.
The catch: Teams can use the provision only on “new” contracts, or deals that don’t yet exist. But what of amnesty-related contracts? If a team bids on Outlaw and “wins” him, is that a new contract the team can “stretch” later should Outlaw continue to struggle? Or is it an “old” one, and thus not eligible to be stretched because it is linked to a pre-existing deal?
The answer is: The team will not be able to use the “stretch” provision on such a player.
• Finally: If a team bids on a player in the amnesty waiver process, it is bidding on the full length of his contract, not just the first season. In the event the Blazers change course and use amnesty on Roy, that would mean any team that bids, say, $4 million on the guard will be bidding to pay him at least that amount in each of the four remaining seasons on his deal.
This is where we stand at the moment, according to a source close to the process. Things could change in theory, but with players scheduled to begin voting on the CBA on Wednesday afternoon, that seems unlikely.
Via Twitter.com.... take any Marc Stein tweet with a giant grain of salt
ESPNSteinLine Marc Stein
Hearing most likely scenario w/amnesty clause is teams getting seven-day window between Dec. 9-25 to use it or carry it into 2012 offseason
Voting begins today for new CBA, B-list details emerging
Via Twitter.com:
KBergCBS Ken Berger
All indications remain that draft eligibility age will stay the same until there is time for further discussion.
Ken Berger
KBergCBS Ken Berger
Also, unlimited D-League assignments for three years. Veterans can go, but only with consent. League had wanted five-year program.
Ken Berger
KBergCBS Ken Berger
Players will be subject to offseason testing, but only for steroids, source says. Prior random tests were only from Oct. 1-June 30.
Ken Berger
KBergCBS Ken Berger
Negotiators have just about "closed the deal" on B-list issues as players prepare to begin electronic voting today, source tells @CBSSports.
Read the final CBA
http://sportsillustrated.cnn.com/201...ing/index.html
Well, the above is the final work of this lockout. I'm not sure it was worth 5 months but what do I know?
Most notable for Raptor Fans:
Draft rules stay the same for 2012.
Key feature for the Raps for the next couple of years.
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