Fultz4thewin 2,464 Report post Posted July 30, 2019 We signed Jeffries Share this post Link to post Share on other sites
Fultz4thewin 2,464 Report post Posted July 30, 2019 17 minutes ago, jmmagicfan said: I didn't mean sign for less than two years, what I meant was he has to sign the first year at 120% to maximize year 2 at 120% + max raise. If he signs the first year at 80%, then the second year has a smaller "base" ( example $3.1M first year might become $3.255M with a 5% raise, but $2.6M+5% only becomes $2.73M in year two). ?4TW is saying that they don't pro-rate the rookie contract in that first year, but I'm not sure that is true; I'm going to have to go back to the actual CBA to verify that. I can't imagine the owner's agreeing to pay a rookie the full first year salary if they don't sign the contract until November or December, that's just not how business is done usually; but it's possible I suppose. I'm right. The only contracts that are pro-rated are minimum contracts Share this post Link to post Share on other sites
All Eyes On Me 1,180 Report post Posted July 30, 2019 7 minutes ago, ?4thewin said: We signed Jeffries Makes the Okeke stuff even weirder, but glad to have DaQuan on board! Share this post Link to post Share on other sites
Fultz4thewin 2,464 Report post Posted July 30, 2019 For clarification, we signed Jeffries to an exhibit 10 contract which is basically an imaginary contract that allows him to enter camp with us. We can convert that contract to a two way contract or a minimum contract if we want to later (and he agrees). Share this post Link to post Share on other sites
jmmagicfan 299 Report post Posted July 30, 2019 23 minutes ago, ?4thewin said: I'm right. The only contracts that are pro-rated are minimum contracts Actually, we're both right and both wrong. According to the CBA they do receive the full contract amount as long as they sign their contract before Jan 10th, and it is reduced after that daily by 1/(number of days in the season). Good lord, trying to make sense of that thing is a serious chore! So yes, there has to be another issue that they are negotiating about. Share this post Link to post Share on other sites
Soul Bro 1,409 Report post Posted July 30, 2019 McCollum, with two years left on his deal, just signed a 100 mil/3 year extension. Wowzers. Makes some of our contracts look like a deal. Share this post Link to post Share on other sites
jmmagicfan 299 Report post Posted July 30, 2019 1 hour ago, ?4thewin said: For clarification, we signed Jeffries to an exhibit 10 contract which is basically an imaginary contract that allows him to enter camp with us. We can convert that contract to a two way contract or a minimum contract if we want to later (and he agrees). So apparently Jefferson's contract is the other 2-way; so we still have a roster spot open (besides Okeke). That's the good news, the bad is that we probably won't sign another player to the roster at the start of the season because of luxury tax issues. We are approximately $822K below the projected tax line once we sign Okeke (assuming at the 120% of rookie-scale), and a rookie minimum for the season is $898K; so we would have to wait until at least mid-December before signing another player, or risk going into the tax. The other good news is that by signing Jeffries to the Exhibit 10 there is an extra incentive for him to sign with Lakeland if/when he is waived from the parent club during or at the end of training camp. We have signed Isaac Humphries to an Exhibit 10 as well. Share this post Link to post Share on other sites
zollman 36 Report post Posted July 30, 2019 The two biggest Magic mysteries: 1. Why isnt Okeke signed? 2. Will Fultz play on opening night? This FO gives me anxiety Share this post Link to post Share on other sites
~O~ 565 Report post Posted July 31, 2019 Is markelle fultz really...this damaged? Share this post Link to post Share on other sites
Fultz4thewin 2,464 Report post Posted July 31, 2019 12 minutes ago, ~O~ said: Is markelle fultz really...this damaged? What are you talking about? Share this post Link to post Share on other sites
All Eyes On Me 1,180 Report post Posted July 31, 2019 1 Share this post Link to post Share on other sites
Magicfan1987 266 Report post Posted July 31, 2019 8 hours ago, All Eyes On Me said: How recent is this!? Share this post Link to post Share on other sites