dougthonus wrote:Infinity2152 wrote:Know what a lot of this feels like. Ever buy some stock and say "it's at 15 now, I'll sell if it gets to $20."? You won't sell at $18, because you just created an arbitrary point based on little or nothing? "I'll pay up to $250k for a house with one bathroom but no more." People like round numbers. When I ask this question, I'm genuinely not trying to be difficult, but I really want to know where people are coming up with $20 mill, $25 mill, $30 mill as his value or cap. I do see $26, $27 popping up as meeting in the middle, but where exactly does the $30 mill cap come from?
As far as I know, like in most sports, new contracts are based on similar previous contracts by previous players. Adjusted for the rising cap. Sugg's contract has literally been brought up repeatedly. Would love to see calculations where people actually put some thought into saying what they would pay. Use any metrics you want that you think count in business negotiations, be in points, rebounds, assists per dollar paid, similar age players entering the same contract situation and adjusting, etc.
If for instance, Jalen Suggs is the primary comp. Similar guys, similar situation guys would be like Jalen Green, Anferenee Simons, Scottie Barnes, etc. Guys don't have to be exactly like Giddey, what do guys you see as the same LEVEL as Giddey get as a percentage of the cap in RFA? Use those numbers. No two players are the same, every player's comp in history has to be adjusted.
Not trying to knock anybody. But can't tell you how many times I've had a client say "I want to get X for my house" using a price they made up in their head and ignoring actual market analysis which would say their house is probably worse more or less than they think it is. X is almost always a round number, " I want $150k, $200k, $250k." Never had a client say "I've looked at similar houses in the area sold over the last three months, price my house at $188k." Just sharing my personal experiences, I'm not claiming to be the perfect negotiator.
Maybe to use this analogy, it's like seeing a house you just hate all the esthetics of, and it's worth 300k based on the number of bedrooms, bathrooms, and neighborhood but after the home inspection, you realize it needs 20k of repairs, and then you really dislike the layout of the house.
Whether the house is worth 300k or not, you'd rather just go buy a different 300k house, but if the house was 250k, it's enough that you'd say I can live with the lousy layout and make all the repairs needed.
As for Suggs, I sure as hell wouldn't want Suggs at 30M a year either, so using a bad contract to justify this contract isn't compelling to me. If you find someone who likes Suggs at 30M then maybe that would be different, but you also couldn't find two more different players than Giddey and Suggs either, so it's not really much of a comparison.
There are very few contracts handed out in this range for a variety of reasons, but Herb Jones signed last year for 22M a year, I'd rather have Herb Jones than Josh Giddey, and so that's just as valid a comparison to me. He's as similar to Giddey as Suggs is (which is not even remotely similar).
Ignoring player comparisons though, because there aren't any similar ones, a question I ask is on a championship team, how many players do I have better than Josh Giddey, and my thought is 3 or more, and 30M is too much for your fourth starter. On a 40 win team, I think Giddey might be able to be your best or 2nd best player, and so if you look at it that way, 30M feels cheap.
From a Reinsdorf perspective, trying to build 1st round exit teams, Giddey at 30M isn't unreasonable, hence why I've said he's a floor raiser but ceiling lowering type guy. You don't have to agree with that assessment of course, it's just my assessment and is part of my pricing of him.
I agree with the notion that the critical question is "how many guys priced higher and lower than player X would I need on a contender or championship team", and I agree with Giddey the best estimate is probably 3 better players. Maaaybe two, maybe 4, but 3 is probably the safest bet.
My thing is, and I may very well be wrong, but I think going forward a team can indeed pay 30 mil (AAV) to their 4th starter. I'm probably a lot more comfortable than most people giving the overwhelming majority of my payroll to my starters though. Am I wrong?