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"The Jazz are bound to shoot [Milos] Teodosic an offer sheet."

"The Jazz are bound to shoot [Milos] Teodosic an offer sheet."

David Stern said:
So listening to Locke this morning, he says that we CAN sign Teo before July 1st. Since we still have the cap space, we could do a 4 year, 30 million dollar deal for him to play for the next 3 seasons. We could have last season count as the first year of his deal, even though he didn't play for us. That would give us a pretty significant advantage over what other teams could offer, and we could make it so the deal is EXTREMELY cap-friendly moving forward.
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That's pretty amazing. Would he get money upfront for the "first year" of his contract?

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I'm just going to throw this out there:

2016-2017 8 Million
2017-2018 6 Million
2018-2019 6 Million
2019-2020 6 Million

That would essentially be a 3 year, 26 Million dollar contract where he gets paid 8 Million up front. That contract could be a steal if he's any good.
 
David Stern said:
I'm just going to throw this out there:

2016-2017 8 Million
2017-2018 6 Million
2018-2019 6 Million
2019-2020 6 Million

That would essentially be a 3 year, 26 Million dollar contract where he gets paid 8 Million up front. That contract could be a steal if he's any good.
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I don't think it can decline that much in the first year. Could probably get to 3/18 but would have to cascade down slower.
 
David Stern said:
I'm just going to throw this out there:

2016-2017 8 Million
2017-2018 6 Million
2018-2019 6 Million
2019-2020 6 Million

That would essentially be a 3 year, 26 Million dollar contract where he gets paid 8 Million up front. That contract could be a steal if he's any good.
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See that's what I mean. He would get $8M upfront right?


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We could actually give him $13.6M upfront then do a 3-year $16M deal where he gets $5.3M every year. That's a lot of money upfront but it would help a lot down the road.


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colton said:
I don't think so. Wouldn't the maximum allowable change from year-to-year be 4.5%? See https://www.cbafaq.com/salarycap.htm#Q55
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Assuming I've got that right, I ran some numbers. The Jazz could do something like this:

$7m
$6.685m
$6.37m
$6.055m

=$26.11m total, which is effectively $8.703/year for three years, but the cap hit would be in the $6 million range.

I'm not completely sure this is allowed though; it seems like paying him $7 million for last year is probably against some rule.
 
OK I have to confess that this draft has more talent in the second round than any other draft I can remember. I wouldn't be surprised if someone draft in the second round this year plays on an all star team.
 
colton said:
I'm not completely sure this is allowed though; it seems like paying him $7 million for last year is probably against some rule.
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It looks like that actually CAN be done if you sign a player before the last game of the regular season, see https://www.cbafaq.com/salarycap.htm#Q29
"With the exception of minimum-salary contracts, salaries do not pro-rate during the season."

But a lot of the language used there says things like "last day of the regular season", so I'm not sure if that can still be done all the way through Jul 1. Maybe.
 
colton said:
Assuming I've got that right, I ran some numbers. The Jazz could do something like this:

$7m
$6.685m
$6.37m
$6.055m

=$26.11m total, which is effectively $8.703/year for three years, but the cap hit would be in the $6 million range.

I'm not completely sure this is allowed though; it seems like paying him $7 million for last year is probably against some rule.
Click to expand...

That contract looks pretty good to me too. I think we all understand the gist of it now. It's up to DL to figure out the numbers.


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colton said:
It looks like that actually CAN be done if you sign a player before the last game of the regular season, see https://www.cbafaq.com/salarycap.htm#Q29
"With the exception of minimum-salary contracts, salaries do not pro-rate during the season."

But a lot of the language used there says things like "last day of the regular season", so I'm not sure if that can still be done all the way through Jul 1. Maybe.
Click to expand...

Locke mentioned it... so who knows. He may have heard it from someone. I think it might be valid... if it was other teams below the cap could do it as well.
 
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