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IMPORTANT for the Jazz: rumor about the new CBA regarding extensions!!!

stitches

stitches

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According to Windhorst's sources, the new CBA will also include a rule change regarding contract extensions. Under the current agreement, teams cannot sign players to extensions until three years have elapsed after the signing their original deal. The next deal will reportedly shorten that mandated waiting period to two years.
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https://www.thescore.com/nba/news/1133117-report-new-cba-to-feature-new-rules-on-extensions-rfas

I cannot stress how important this is for the Jazz! Especially if they decide to get the new CBA into effect right away rather than waiting for the current one to expire. According to Nate Duncan and Danny Leroux it is very possible that team owners will pass the new CBA and will want it to get into effect RIGHT AWAY specifically because of the extensions. If this indeed happens the ramifications for the Jazz are big! The biggest of them is - we will be able to extend Hayward before his contract is up and without him hitting FA. You know how we wondered why they spend so much capital to get rid off Pleiss since they probably could have given Favors max even without getting rid off Pleiss. If DL had some prior knowledge of where the negotiations about extensions are going, he might have seen an opportunity to clear space to sign BOTH Favors and Hayward to new contracts.

I hope this is the case.
 
Dr. Jones said:
Calm down.
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Would this apply to rookie contracts? If so, let's say we used this to extend a rookie contract like Lyles. Would that make him an UFA after 6 years instead of 8.
 
♪alt13 said:
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Would this apply to rookie contracts? If so, let's say we used this to extend a rookie contract like Lyles. Would that make him an UFA after 6 years instead of 8.
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It isn't clear but rookie-contract extensions are different than veteran extensions. Rookie contract extensions (as of now) can only be signed from the period after the July moratorium to October 31 before their last option year. Veteran extensions can be signed until the day before a player becomes a free agent.
 
MDAV28 said:
It isn't clear but rookie-contract extensions are different than veteran extensions. Rookie contract extensions (as of now) can only be signed from the period after the July moratorium to October 31 before their last option year. Veteran extensions can be signed until the day before a player becomes a free agent.
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Yeah, rookie contracts have been separate for a while. If I had to guess, the above concerns only vet extensions.
 
stitches said:
https://www.thescore.com/nba/news/1133117-report-new-cba-to-feature-new-rules-on-extensions-rfas

I cannot stress how important this is for the Jazz! Especially if they decide to get the new CBA into effect right away rather than waiting for the current one to expire. According to Nate Duncan and Danny Leroux it is very possible that team owners will pass the new CBA and will want it to get into effect RIGHT AWAY specifically because of the extensions. If this indeed happens the ramifications for the Jazz are big! The biggest of them is - we will be able to extend Hayward before his contract is up and without him hitting FA. You know how we wondered why they spend so much capital to get rid off Pleiss since they probably could have given Favors max even without getting rid off Pleiss. If DL had some prior knowledge of where the negotiations about extensions are going, he might have seen an opportunity to clear space to sign BOTH Favors and Hayward to new contracts.

I hope this is the case.
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The new CBA wouldnt be in effect til next year so I dont see how this deals with Hayward.

Right?
 
Saint Cy of JFC said:
The new CBA wouldnt be in effect til next year so I dont see how this deals with Hayward.

Right?
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That's the thing. From what Nate Duncan and Leroux were saying on their podcast, it seems like the owners are pushing for the new CBA to get into effect right away and they want to do it specifically because of the extensions...
 
stitches said:
https://www.thescore.com/nba/news/1133117-report-new-cba-to-feature-new-rules-on-extensions-rfas

I cannot stress how important this is for the Jazz! Especially if they decide to get the new CBA into effect right away rather than waiting for the current one to expire. According to Nate Duncan and Danny Leroux it is very possible that team owners will pass the new CBA and will want it to get into effect RIGHT AWAY specifically because of the extensions. If this indeed happens the ramifications for the Jazz are big! The biggest of them is - we will be able to extend Hayward before his contract is up and without him hitting FA. You know how we wondered why they spend so much capital to get rid off Pleiss since they probably could have given Favors max even without getting rid off Pleiss. If DL had some prior knowledge of where the negotiations about extensions are going, he might have seen an opportunity to clear space to sign BOTH Favors and Hayward to new contracts.

I hope this is the case.
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This would be great. Would change things quite a bit for us.
 
I fail to see relevance. If Hayward wants to stay he will sign with the Jazz. If he doesn't he won't sign the extension regardless if it's 2 or 3 years wait period.
 
zbone said:
I fail to see relevance. If Hayward wants to stay he will sign with the Jazz. If he doesn't he won't sign the extension regardless if it's 2 or 3 years wait period.
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It would take away the injury risk if he could sign now instead of opting out at year end. That's about the only benefit I see for Hayward. Doesn't affect anyone else on the Jazz except Burks. And I think he's a dead man walking. Hood took his starting job. Alec is always hurt. And the Jazz can't pay everyone. In a couple of years, fitting the starters (and I'm not counting Hill) plus Lyles (plus fill the rest of the roster) without exceeding the tax threshold is going to be challenging, if not impossible. I think Burks and maybe even Favors (because of his chronic injuries) could be tax casualties.
 
I don`t see how this applies to us at all, really. Extensions have some many problems in the current CBA that are so much more relevant than the 3 year rule. For example, a contract extension can only give a player 107,5% of his previous salary. There is no world in which Hayward would accept 107,5% of his current salary, when he will make a lot more by waiting until the summer. Extensions are also only allowed to be for a total of 4 seasons, including the ones remaining on their contract. That would mean that a max extension for Hayward now would only extend his contract with us for 3 extra years, versus the 5 he can get this summer.
 
Jazz4ever said:
Don't see it as a huge deal. The chances of Hayward leaving seem slim.
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It all depends on how Utah performs. If the team does well and gets into the playoffs then I think he stays. If they suck it up and blow the chance to be a playoff team he will be in Celtic Green next season. They just waiting on him. Young, promising team with a coach he likes.
 
Hedda Gambler said:
I don`t see how this applies to us at all, really. Extensions have some many problems in the current CBA that are so much more relevant than the 3 year rule. For example, a contract extension can only give a player 107,5% of his previous salary. There is no world in which Hayward would accept 107,5% of his current salary, when he will make a lot more by waiting until the summer. Extensions are also only allowed to be for a total of 4 seasons, including the ones remaining on their contract. That would mean that a max extension for Hayward now would only extend his contract with us for 3 extra years, versus the 5 he can get this summer.
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We are talking about renegotiation and extension probably. He will get more than the 107.5%...
 
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