Giannis' Development

[Magic Giannison]

I knew it, i really knew it !
Good thing Bucks organization didnt push it and allows Giannis to play for NT.
NOW WE COMING FOR MEDALS!

take it easy buddy..

This is me taking it easy, you dont wanna know how i am during Bucks and NT games.

[turbostef]

He'd have to win the MVP at this point to get a Rose Rule contract. But a max contract for him starts when the cap will be approaching 110m. Can't remember what the exact starting salary would be, but if its 27, that's 27 * 5 plus 27 * 9 * .075, or 153.225m for a non Rose Rule max extension starting in 2017-2018.

They have until Halloween to agree to it.

Sorry but I am just a dump european I will never understand this stuff.

Is there any "cap calculator" or some source to read this stuff up?

OK. As far as I understand it Giannis could sign his extension AFTER the qualification tournament when he is back in Milwaukee.

If he is healthy Bucks and Giannis sign the extension and everybody is happy.
If he is injured then the Bucks can decide based on med checks what extend the "damage" is.

I assume that any injury that won't keep him out for more than one year would not be a problem as Giannis
has a contract for the upcoming season.

At the end the Bucks don't have to take any risk but wait 9 days longer than expected.

The risk of getting severly injured in a NT tournament is always there. This risk is a risk of life.
As it was for the Pacers and Paul George. Could happen when stepping down the stairs.

Additionally the Bucks have no urgency to sign the extension on July 1st instead of July 9th or 10th, right?

Only the Bucks can sign him as he is a unrestricted free agent this summer or not even this.
I don't know of only the Bucks can sign the extension 1 year before his contracts ends (I assume so).

Can any other Team offer Giannis a contract this summer (the Bucks would always have the right to match this offer I assume)
or does only the Bucks have this right to place an offer this summer?

cbafaq.com contains all the information you'd need to make a precise calculation and determine what kinds of contracts players are eligible for in just about any situation. I suspect you're right about the timeline and the Bucks will just wait until he's done with int'l play to sign him to the contract. I think this would put any insurance on Giannis' *potential* earnings on Giannis, whereas if he signed a guaranteed contract, I think the nat'l team would buy insurance for him subsidized by the NBA, as there's an agreement between the NBA and FIBA for int'l competitions. So this would not necessarily be a situation where Giannis is taking a huge financial risk, but rather one where he's putting down substantial cash down up front to protect himself just before either cashing out on a huge insurance payment or signing a ~150m guaranteed contract.

I checked the site but did not find all the answers:

1. What is the exact maximum salary for Giannis in the Seasons 17/18 - 18/19 - 19/20 - 20/21 - 21/22 and how is this calculated?

2. What would be the Bonus for being elected to an ALl-NBA Team, MVP or other selections?

3. Can only the Bucks offer Giannis a contract THIS Summer or can other Teams do so also? (With Giannis being an unrestricted free agent I assume so that the Bucks couldmatch any offer I assume)

[turbostef]

I knew it, i really knew it !
Good thing Bucks organization didnt push it and allows Giannis to play for NT.
NOW WE COMING FOR MEDALS!

take it easy buddy..

This is me taking it easy, you dont wanna know how i am during Bucks and NT games.

Hahaha. He does not know anything about Greeks.

We are Greeks we can't keep calm Malaka

Ask my wife about the remote control and other stuff in our household what happens to them during a game

(After the loss to Nigeria in 2012 I literally demolished my complete hose )

[Garbs_7]

I was just joking, I love you crazy passionate Greek bastards. A large Greek community here in Australia and nearly all I come in contact with are really good, fun people. Carry on lads

is Kyrgios and Kokkinakis so bastards as they say?
sorry off topic again..

Kyrios Very easy to hate that man...

[turbostef]

OK the stupid European did some research

Giannis "new" contract would start in the season 2017/2018. The salary cap will be 108 Mio. Dollar.

25% is the max correct? This is 27 Mio. per year. 5 years sum up to 135 Mio. Dollar.

If Giannis is selected to All-NBA, All-Star Starter or MVP it is 30%. This is 32,4 Mio. per year and for 5 years 162 Mio.

Where does this number of 144 come from?

[Greek]

Given the insurance that Greece will have to pay when his new contract kicks out I think that it will be the last time that will play for the NT unfortunately...

[Magic Giannison]

Given the insurance that Greece will have to pay when his new contract kicks out I think that it will be the last time that will play for the NT unfortunately...

No, the insurance the NT pays is not covering the contract but the bills of the hospitals and stuff.
Imagine how much USA team would have to pay each time their team plays.

[turbostef]

Given the insurance that Greece will have to pay when his new contract kicks out I think that it will be the last time that will play for the NT unfortunately...

No, the insurance the NT pays is not covering the contract but the bills of the hospitals and stuff.
Imagine how much USA team would have to pay each time their team plays.

Excactly like this.

As Vasilakopoulos said last year "we insure players not contracts"

As funny as this is, this is the obligation that every Federation has to cover. This is FIBA Regulations that are agreed with NBA.

Could change some day but actually it is like this.

And I assume that NBA Teams have insurances also

[yannisk]

Given the insurance that Greece will have to pay when his new contract kicks out I think that it will be the last time that will play for the NT unfortunately...

No, the insurance the NT pays is not covering the contract but the bills of the hospitals and stuff.
Imagine how much USA team would have to pay each time their team plays.

well USA has the money ... we are broke. I remember a couple of years ago the issue was about the contracts and i am pretty sure the federation was covering up to one year contract while Olympiakos wanted the full coverage of the player's contract.

yep here it is, the federation covers medical bills and the part of the contract a player misses due to injury
http://www.infobasket.gr/%CE%B7-%CE%B1%CF%80%CE%AC%CE%BD%CF%84%CE%B7%CF%83%CE%B7-%CF%84%CE%B7%CF%82-%CE%B5%CE%BF%CE%BA-%CE%B3%CE%B9%CE%B1-%CF%84%CE%B7%CE%BD-%CE%B1%CF%83%CF%86%CE%AC%CE%BB%CE%B9%CF%83%CE%B7-%CF%84%CF%89%CE%BD/

Edit: this is quite detailed,
http://www.gazzetta.gr/basketball/article/620769/ntokoymento-h-alitheia-gia-tin-asfalisi-stin-ethniki-pics
according to this the normal fiba insurance has a max of 2million contract (Giannis's will be 10 times more). Federations like France, Germany, Spain, Argentina had to get additional insurances on top of the default one to cover Dirk, Pau etc

[turbostef]

Given the insurance that Greece will have to pay when his new contract kicks out I think that it will be the last time that will play for the NT unfortunately...

No, the insurance the NT pays is not covering the contract but the bills of the hospitals and stuff.
Imagine how much USA team would have to pay each time their team plays.

well USA has the money ... we are broke. I remember a couple of years ago the issue was about the contracts and i am pretty sure the federation was covering up to one year contract while Olympiakos wanted the full coverage of the player's contract.

yep here it is, the federation covers medical bills and the part of the contract a player misses due to injury
http://www.infobasket.gr/%CE%B7-%CE%B1%CF%80%CE%AC%CE%BD%CF%84%CE%B7%CF%83%CE%B7-%CF%84%CE%B7%CF%82-%CE%B5%CE%BF%CE%BA-%CE%B3%CE%B9%CE%B1-%CF%84%CE%B7%CE%BD-%CE%B1%CF%83%CF%86%CE%AC%CE%BB%CE%B9%CF%83%CE%B7-%CF%84%CF%89%CE%BD/

Edit: this is quite detailed,
http://www.gazzetta.gr/basketball/article/620769/ntokoymento-h-alitheia-gia-tin-asfalisi-stin-ethniki-pics
according to this the normal fiba insurance has a max of 2million contract (Giannis's will be 10 times more). Federations like France, Germany, Spain, Argentina had to get additional insurances on top of the default one to cover Dirk, Pau etc

You are my hero!

This is the first time that I read about the insurance in this detailed way. Obviously I missed this 2 very good articles when the
discussion took place in 2014. Thanks for the research.

At the end the situation is quite clear. Only one year is covered and only up to 2 Mio. Dollars.
That is the actual FIBA Regulation that every Federation has to follow.

Obviously that regulation is OK for European Players as most of the do ot make more than 2 Mio. a year.

As you can see in the article only Spanoulis exceeded the 2 Mio. in 2013

In Europe long term contracts are not that common. 3 years contracts is nearly the maximum and most of
the contracts are 1 or 2 years with various options to end the contract befor the regular end.

Closed contracts for 2 or even 3 years are given only to top players like Spanoulis for exemple.

In the Case of Giannis (and Team USA) this is a complete different story. Players who make 20 Mio. and have 5 year contracts (which is quite usual for TEAM USA Players) are not sufficiently covered. Or better say their teams are not covered sufficient.

I was always sure that the insurance coverage was not sufficient for NBA Big contract Players and therefor someday the FIBA would
have to change this system. But that would lead to exploding insurance fees which only federations like the USA
can cover and some "richer" federations.

Edit: Dirk Nowitzki was always rumored to pay his insurance by himself as the german federation did not have the money.
No I am quite sure that Dirk paid the "Extra"-Insurance by himself which covers his full contract.

[crkone]

[tweet]https://twitter.com/cf_gardner/status/741281335935938560[/tweet]


‏@cf_gardner
Giannis Antetokounmpo cleared to play for Greek national team with full support of Bucks ownership, source indicates.

[The Lazy Potato]

Let's just hope that they will not qualify. then it’s a win/win for bucks and giannis. sorry greek fans.

[M-C-G]

I'm okay with this, gives me more of a reason to watch more Giannis in the off season

[imithanos]

Let's just hope that they will not qualify. then it’s a win/win for bucks and giannis. sorry greek fans.

**** off.

Sorry lazy potato

[The Lazy Potato]

Let's just hope that they will not qualify. then it’s a win/win for bucks and giannis. sorry greek fans.

**** off.

Sorry lazy potato

fair enough

[GoldenAntlers]

Good for Giannis.
We all know he is going to continue to train at a high level. Sure the injury risk is concerning, but there is no telling when an injury could happen. Glad Giannis is living his dream. Love that dude.

[turbostef]

Giannis will crush the italian potato

Gesendet von meinem SM-N910F mit Tapatalk

[blazza18]

[tweet]https://twitter.com/cf_gardner/status/741281335935938560[/tweet]


‏@cf_gardner
Giannis Antetokounmpo cleared to play for Greek national team with full support of Bucks ownership, source indicates.

15 hours after the Bucks tweeted, Charles remembers he's not a soccer reporter so he'd better tweet something about the Bucks.

[Bernman]

Giannis needs a full offseason eventually, preferably sooner rather than later, to focus on honing his jumper. If he's not going to get it this offseason, at least the balding Greeks could step aside to usher in the next generation and let his superstar confidence grow in the process. Don't want to see him standing in the corner and assuming a hustling role. He should be allowed to be the man. He's better than all of them by far. They need to accept this.

[turbostef]

Don't worry. Giannis was not standing in the corner last year and he will not this year. Especially after nearly all the Veterans retired or are injured.

Coach already said he will give Giannis the Ball. Lets see

Gesendet von meinem SM-N910F mit Tapatalk