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Offseason Thread Part VII: The Fall of The Lockout

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AddiFB    418

With the possibility that the lockout is indeed over (pending players/owners approval/signatures)...

 

1) How will the new CBA affect the Magic?

 

2) Who should we try to sign as free agents?

 

3) Who should we trade and for who?

 

4) Amnesty, is it in the new CBA? Will we say goodbye to Gil or Hedo?

 

5) Our favorite scary bedtime story: The near future of the Magic - with or without Dwight Howard.

 

6) Is Otis waiting in his office with thirty mobile phones, each phone with one team on speed dial and a special red mobile phone for the NBA offices, so he can somehow do some magic tricks and make us.. *caugh*... better?

 

7) The return of the Jareth

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Miller4Prez66    549

1)Sounds like we will be restricted in what we can do with the MLE and how much we can spend now. But our payroll was likely going down anyways.

 

2)I'm not sure we will be active at all, do we really need more long term contracts?

 

3)If we can't get a really good trade, we'll probably look for expiring contracts.

 

4)Yes it is, and good bye Gil.

 

5)Not looking that good. :(

 

6)Nah, now that the lockout is over he is over at Gil's house playing MW3.

 

7) :svgsad:

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Nike    2

woohoo - looks like we have a season! Has anyone heard about whether or not that amnesty clause is included in the new CBA?

 

With the possibility that the lockout is indeed over (pending players/owners approval/signatures)...

 

1) How will the new CBA affect the Magic?

 

2) Who should we try to sign as free agents?

 

3) Who should we trade and for who?

 

4) Amnesty, is it in the new CBA? Will we say goodbye to Gil or Hedo?

 

5) Our favorite scary bedtime story: The near future of the Magic - with or without Dwight Howard.

 

6) Is Otis waiting in his office with thirty mobile phones, each phone with one team on speed dial and a special red mobile phone for the NBA offices, so he can somehow do some magic tricks and make us.. *caugh*... better?

 

7) The return of the Jareth

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AddiFB    418

From RealGM:

 

-Share of BRI - The players will receive between 49 and 51 percent of revenues, depending on annual growth.

 

-Luxury Tax will remain the same in years 1 & 2, with the tax increasing in year 3 as follows:

$0M-$5M over the Tax Level = $1.50 for $1

$5M-$10M over the Tax Level - $1.75 for $1

$10M-$15M over the Tax Level - $2.50 for $1

$15M-$20M over the Tax Level - $3.25 for $1

Tax rates increase by $0.50 for each additional $5M above the Tax level.

 

-Extend & Trade Deals are allowed (the Carmelo Anthony Rule).

 

-Full MLE - Teams above the salary cap but below the Luxury Tax will be able to offer four-year mid-level exception contracts to free agents each season.

 

-Bi-Annual exception can only be used by non-taxpayers.

 

-Cap Room MLE - A new $2.5 million exception will be available to teams that go blow the salary cap, then use all of their cap room to sign free agents. Once they are back above the cap, they will be able to use the new exception instead of being limited to filling out their rosters with players on minimum contracts.

 

-Rookie salary scale and veteran minimum salaries will stay the same as they were last season.

 

-Qualifying offers to restricted free agents will become “significantly” improved. The time for a team to match an offer to a restricted free agent is reduced from 7 days to 3.

 

-The prohibition on luxury tax-paying teams from executing sign-and-trade deals was loosened, although the freedom to execute those types of deals will still be limited.

 

-Both sides will have the option to opt out of the 10-year deal after six years.

 

-Team salary minimum is 75% in first year, increasing to 90% in third year through 10th year. (per Chris Broussard on ESPN heard by Darth_Federer)

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AddiFB    418
stevekylerNBA Steve Kyler

Stretch provision only applies to contracts issued under this new deal going forward... existing deals can not be stretched.

1 minute ago Favorite Retweet Reply

»

Steve Kyler

stevekylerNBA Steve Kyler

The stretch provision will allow teams to cut a player and stretch out balance of salary owed over twice the years left plus one year...

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AddiFB    418

Is the stretch provision in addition to the amnesty or in place of it?

 

When there were rumors/talks about it, I understood it as an addition, not as a replacement.

 

I understood it as a team could amnesty one player, pay most of if not all of their salary over the years left of his deal but it would not count (or maybe just 25% of it?) agains the cap space...

 

...and then the team could stretch one deal over a certain amount of years.

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AddiFB    418

http://sheridanhoops...lement-details/

 

_ On the financial split, the players will receive between 49 and 51 percent of revenues, depending on annual growth. The players had complained prior to Saturday that the owners’ previous offer effectively limited them to 50.2 percent of revenues, but the source said 51 percent was now reasonably achievable with robust growth.

 

_Owners dropped their insistence on what would have been known as the Carmelo Anthony rule, preventing teams from executing extend-and-trade deals similar to the one that sent Anthony from the Denver Nuggets to the New York Knicks last season. This means that if Dwight Howard, Deron Williams and Chris Paul want to leverage their way out of Orlando, New Jersey and New Orleans, they will still be eligible to sign three-year extensions with their current teams before being immediately traded elsewhere.

 

 

 

_ Teams above the salary cap will be able to offer four-year mid-level exception contracts to free agents each season. Previously, owners were asking that teams be limited to offering a four-year deal one year, a three-year deal the next, then four, then three, etc.

 

_ The rookie salary scale and veteran minimum salaries will stay the same as they were last season. Owners had been seeking 12 percent cuts.

 

_ Qualifying offers to restricted free agents will become “significantly” improved. The sides had already agreed to reduce the time for a team to match an offer to a restricted free agent from 7 days to 3.

 

_ A new $2.5 million exception will be available to teams that go below the salary cap, then use all of their cap room to sign free agents. Once they are back above the cap, they will be able to use the new exception instead of being limited to filling out their rosters with players on minimum contracts.

 

_ The prohibition on luxury tax-paying teams from executing sign-and-trade deals was loosened, although the freedom to execute those types of deals will still be limited.

 

Both sides will have the option to opt out of the 10-year deal after six years. Stern said he does not expect unanimous support from the owners, who will vote on the tentative agreement after the owners’ full negotiating committee receives a rundown of what is in the new deal.

 

Players also must ratify the agreement, a process that could take as long as a week while the union, which dissolved itself last week by issuing a disclaimer of interest, is reconstituted.

 

But if both constituencies sign off on the agreement, training camps and free agency will open simultaneously on Dec. 9, and the season will start with a tripleheader — Boston-New York, Chicago-L.A. Lakers and Miami-Dallas (a rematch of the NBA Finals) — on Dec. 25.

 

 

“It will largely prevent the high spending teams from competing in the free agent market the way they have in the past," deputy commissioner Adam Silver said. "The luxury tax is harsher than it was in the last deal, and we hope it’s effective. You never can be sure with how a new system will work, but we feel ultimately it will give fans in each community hope that they can compete for championships, and that their basis for believing in their team will be a function of management of that team, rather than how deep the owner's pockets are or how large the market is."

 

The deal also includes an amnesty provision, which will allow teams to

cut one player from their roster whose salary will not fully count

against the salary cap or luxury tax. Chris Bernucca has already written a column on the most likely amnesty candidates, so go ahead and click here to read it.

 

So yeah... Amnesty is there. Yay! Look for Otis to amnesty Ryan Anderson..

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E27    33

So yeah... Amnesty is there. Yay! Look for Otis to amnesty Ryan Anderson..

Cruel, yet realistic with Otis.

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