[Charania] Jakob Extended - 4 Years $104m

[brownbobcat]

Guarantee amounts aren't what you get paid if you play, it's what you get paid if you get waived/cut. These aren't incentives that can change a player's salary.

Jak will make 27.3M in 2029-30 if he's on the roster.

If we waive him, at least 5M will be dead salary on our cap. If he hits these goals, then somewhere between that 5M and the full amount would be dead cap if we waived him (depending on how many goals he hits).

Guarantees and incentives are two different things, though, and I'm leaning towards the former based on the wording of the variability.

For example, Zion's contract is based on guarantees due to the vesting nature, i.e. it triggers the entire year based on his weight and/or games played. What changes is not his salary amount, but whether the team gets an opt-out.

IQ has $2.5M/yr in unlikely incentives, it doesn't mean the team has to waive him to avoid paying if not achieved. i.e., there is no decision for the team to make, he either gets it or he doesn't.

If this is a cumulative incentive, it's actually really interesting.

[dhackett1565]

Guarantee amounts aren't what you get paid if you play, it's what you get paid if you get waived/cut. These aren't incentives that can change a player's salary.

Jak will make 27.3M in 2029-30 if he's on the roster.

If we waive him, at least 5M will be dead salary on our cap. If he hits these goals, then somewhere between that 5M and the full amount would be dead cap if we waived him (depending on how many goals he hits).

Guarantees and incentives are two different things, though, and I'm leaning towards the former based on the wording of the variability.

For example, Zion's contract is based on guarantees due to the vesting nature, i.e. it triggers the entire year based on his weight and/or games played. What changes is not his salary amount, but whether the team gets an opt-out.

IQ has $2.5M/yr in unlikely incentives, it doesn't mean the team has to waive him to avoid paying if not achieved. i.e., there is no decision for the team to make, he either gets it or he doesn't.

If this is a cumulative incentive, it's actually really interesting.

Yeah the Poeltl contract extension has no incentives reported (incentives are limited at 15% of the annual amount anyway). These are all guarantee conditions.

[brownbobcat]

Guarantee amounts aren't what you get paid if you play, it's what you get paid if you get waived/cut. These aren't incentives that can change a player's salary.

Jak will make 27.3M in 2029-30 if he's on the roster.

If we waive him, at least 5M will be dead salary on our cap. If he hits these goals, then somewhere between that 5M and the full amount would be dead cap if we waived him (depending on how many goals he hits).

Guarantees and incentives are two different things, though, and I'm leaning towards the former based on the wording of the variability.

For example, Zion's contract is based on guarantees due to the vesting nature, i.e. it triggers the entire year based on his weight and/or games played. What changes is not his salary amount, but whether the team gets an opt-out.

IQ has $2.5M/yr in unlikely incentives, it doesn't mean the team has to waive him to avoid paying if not achieved. i.e., there is no decision for the team to make, he either gets it or he doesn't.

If this is a cumulative incentive, it's actually really interesting.

Yeah the Poeltl contract extension has no incentives reported (incentives are limited at 15% of the annual amount anyway). These are all guarantee conditions.

Unlikely incentives are limited at 15%, I do not believe there is a limit on likely incentives as long as it fits within the cap.

Your interpretation might very well be correct, though I'm not sure why a guarantee could be cumulative but not an incentive.

[dhackett1565]

Guarantees and incentives are two different things, though, and I'm leaning towards the former based on the wording of the variability.

For example, Zion's contract is based on guarantees due to the vesting nature, i.e. it triggers the entire year based on his weight and/or games played. What changes is not his salary amount, but whether the team gets an opt-out.

IQ has $2.5M/yr in unlikely incentives, it doesn't mean the team has to waive him to avoid paying if not achieved. i.e., there is no decision for the team to make, he either gets it or he doesn't.

If this is a cumulative incentive, it's actually really interesting.

Yeah the Poeltl contract extension has no incentives reported (incentives are limited at 15% of the annual amount anyway). These are all guarantee conditions.

Unlikely incentives are limited at 15%, I do not believe there is a limit on likely incentives as long as it fits within the cap.

Your interpretation might very well be correct, though I'm not sure why a guarantee could be cumulative but not an incentive.

Incentive in any season, likely or unlikely, is capped at 20% of the salary for that season (had the number wrong, think it used to be 15%, but it's 20% now).

Signing bonuses are limited to 15% of the full contract salary. Different but similar thing, not important for cap stuff.

Guarantee conditions are pretty much uncontrolled, except each salary year cannot be guaranteed for more money (as a percentage of salary) than the previous one. The Jak guarantee itself isn't cumulative - there's just a bunch of conditions that each trigger a different increase to the amount.

[brownbobcat]

Yeah the Poeltl contract extension has no incentives reported (incentives are limited at 15% of the annual amount anyway). These are all guarantee conditions.

Unlikely incentives are limited at 15%, I do not believe there is a limit on likely incentives as long as it fits within the cap.

Your interpretation might very well be correct, though I'm not sure why a guarantee could be cumulative but not an incentive.

Incentive in any season, likely or unlikely, is capped at 20% of the salary for that season (had the number wrong, think it used to be 15%, but it's 20% now).

Signing bonuses are limited to 15% of the full contract salary. Different but similar thing, not important for cap stuff.

Guarantee conditions are pretty much uncontrolled, except each salary year cannot be guaranteed for more money (as a percentage of salary) than the previous one. The Jak guarantee itself isn't cumulative - there's just a bunch of conditions that each trigger a different increase to the amount.

You're right, that was the old CBA. Actually, I now think it is probably a guarantee and not an incentive as incentives seem specific to a particular season, i.e. do this in season X and get Y dollars.

These guarantees are basically total catastrophe protection, but not much more than that.