Pre-Season GMAT: 2014 Free Agency
Posted: Sat Nov 2, 2013 1:52 pm
****** I still need to fix alot in this first post*****
Rules:
~ All offers must be sent to TWO emails: MadNESS (Cantmesswithness8@yahoo.com) AND Bringbackhoffa (tr_rak@hotmail.com).
- Free agents will be decided as a team, since people with insecurity issues, are questioning me integrity in these games.
~ Sign and trades are ONLY allowed for Tiers 1-3 as well as any RFAs.
~ You may NOT trade any player you sign to a max contract, UNLESS he is your own max FA that you RESIGNED!
- all other FA's can be traded, no restrictions.
~ Amnesty clause must be used prior to FA opening.
~ If a player does not receive a contract that they deem fair, they'll drop into the next tier below.
~ Any players in Tier 1-3 will NOT sign for contracts less than 2.5 million/year.
~ Tier 4 will be done through a bidding system, that will be explained more later.
~ At the end of the game, you must be above the 45 million salary cap floor.
~ If you sign players with "cap space", you revoke the right to use the MLE or any other exception sans the "Miami Heat" exception.
~ Any offers sent before or after the deadline will not count and will be promptly deleted.
- this is a "come with your best offer" free agency, there is no negotiating.
Here's the timeline for free agency.
November 7th - FA Tier 1 Opens (NOON EST)
November 8th - FA Tier 1 Closes (11:59 A.M. EST)
November 8th - FA Tier 1 Announcement (4 PM latest)
November 8th - FA Tier 2 Opens (NOON EST)
November 9th - FA Tier 2 Closes (11:59 A.M est)
November 9th - FA Tier 2 Announcement (4 pm latest)
November 9th - FA Tier 3 Opens and RFA (NOON EST)
November 10th - FA Tier 3 Closes and RFA (11:59 A.M. EST)
November 10th - Tier 3 and RFA Announcement (4 pm latest EST)
November 11th - Bidding Begins for tier 4 (NOON EST) (offers must stand for 12 hours.)
All offers need to be sent in this format.
All emails not in this format will be ignored.
With the new CBA, the maximum salaries are defined by a certain percentage of the cap, and breaks down as:
0-6 Years in NBA: 25% of the cap
7-9 Years in NBA: 30% of the cap
10+ Years in NBA: 35 of the cap
However, there is a catch that the maximum salary can NOT be less than 105% of the players' previous salary.
Here's a little snippet from Larry Coon's NBA CBA FAQ regarding max salaries.
A free agent's maximum salary in the first year of a new contract is never less than 105% of his salary in the last year of his previous contract. For example, a ten-year veteran free agent who most recently earned $20 million has a maximum salary of at least $21 million, even if that is above the league-wide maximum. A free agent does not need to remain with the same team in order to receive 105% of his previous salary, although the team that signs him is subject to the same salary cap restrictions as with any other free agent.
http://www.cbafaq.com/salarycap.htm#Q16
Qualifying Offers are NOT Cap Holds || Bird Rights Apply to most Players
Maximum Cap Holds based on Years Of Service
Cap Hold calculation
The free agent amount depends on the player's previous salary and what kind of free agent he is:
Kind of free agent......................Previous salary ...............Free agent amount
Any ..........................................Minimum salary .................Cap Hold Calc
Larry Bird, except when coming .....................................150% of his previous salary2
off rookie scale contract ............... 1st Round Picks
Larry Bird, except when coming .....................................190% of his previous salary2
off rookie scale contract ................2nd Round Picks
Larry Bird, following the fourth .......................................200% of his previous salary2
season of his rookie scale contract .. 1st Round Picks
Larry Bird, following the fourth ........................................250% of his previous salary2
season of his rookie scale contract ,, 2nd Round Picks**
** Rule uses Average Salary - which we do not have so 1 and 2nd round picks applies
MLE - • Three Mid-Level exceptions now exist:
- For non-taxpayers: Mid-Level exception set at $5 million in 2011-12 and 2012-13, growing 3% annually thereafter; maximum contract length is four years.
- For taxpayers: Mid-Level exception set at $3 million, growing 3% annually thereafter; maximum contract length of two years.
- For teams operating with salary cap room: Mid-Level exception set at $2.5 million, growing 3% annually thereafter; maximum contract length of two years
Under tax is $5,150,000 4 yrs 3% raises // Tax payers $3,183,000 3 yrs 3% raises and with cap space $2,500,000M 2 yrs 3% raises
Min
$507,336 (caphold)
1yr $788,872 /2 yr $884,293 /3 yrs $916,099 /4 yr $947,907 /5yrs $1,027,424 /6 yrs $1,106,942 /7 yrs $1,186,459 . /8 yrs $1,265,977 /9yrs $1,272,279 /10+ yrs $1,399,507 .
BAE
BAE: BI-ANNUAL EXCEPTION -- None
First-round pick coming off rookie contract: 250% of previous salary if prior salary was below league average; 200% of previous salary if prior salary was above league average
Bird player: 190% of previous salary (if below average) or 150% (if above average)
Early Bird player: 130% of previous salary
Non-Bird player: 120% of previous salary
Minimum-salary player: Portion of minimum salary not reimbursed by the league
CAP HOLDS CAN BE FOUND EASILY ON SHAMSPORTS.COM
Also in FA thread. Make sure you like the caphold if you want the rights to a player. That caphold is a hit on your salary cap.
When a team uses a non-taxpayer's MLE, they are committing to the fact that they won't be taxpayers
so they invoke a hard cap right around $75M
Players signed using Bird Rights are allowed a MAXIMUM of 7.50% yearly raises from the 1st year salary and a maximum of five years. Players signed not using Bird Rights are allowed a maximum of 4.50% yearly raises and only a maximum of four years. For example if I offered Byron Mullens (I own his bird rights) a five year deal with a starting salary of $10M/yr (which I wouldn't, I just picked an easy figure to work with), the biggest raises I could give him would be $750k/year for a contract of $10,000,000 / $10,750,000 / $11,500,000 / $12,250,000 / $13,000,000. If I attempted to offer David West (I do not own his rights) that same starting money, I'd only be allowed to offer him four years with raises of $450k per year.
Minimum cap hold = 507,336
Rules:
~ All offers must be sent to TWO emails: MadNESS (Cantmesswithness8@yahoo.com) AND Bringbackhoffa (tr_rak@hotmail.com).
- Free agents will be decided as a team, since people with insecurity issues, are questioning me integrity in these games.
~ Sign and trades are ONLY allowed for Tiers 1-3 as well as any RFAs.
~ You may NOT trade any player you sign to a max contract, UNLESS he is your own max FA that you RESIGNED!
- all other FA's can be traded, no restrictions.
~ Amnesty clause must be used prior to FA opening.
~ If a player does not receive a contract that they deem fair, they'll drop into the next tier below.
~ Any players in Tier 1-3 will NOT sign for contracts less than 2.5 million/year.
~ Tier 4 will be done through a bidding system, that will be explained more later.
~ At the end of the game, you must be above the 45 million salary cap floor.
~ If you sign players with "cap space", you revoke the right to use the MLE or any other exception sans the "Miami Heat" exception.
~ Any offers sent before or after the deadline will not count and will be promptly deleted.
- this is a "come with your best offer" free agency, there is no negotiating.
Here's the timeline for free agency.
November 7th - FA Tier 1 Opens (NOON EST)
November 8th - FA Tier 1 Closes (11:59 A.M. EST)
November 8th - FA Tier 1 Announcement (4 PM latest)
November 8th - FA Tier 2 Opens (NOON EST)
November 9th - FA Tier 2 Closes (11:59 A.M est)
November 9th - FA Tier 2 Announcement (4 pm latest)
November 9th - FA Tier 3 Opens and RFA (NOON EST)
November 10th - FA Tier 3 Closes and RFA (11:59 A.M. EST)
November 10th - Tier 3 and RFA Announcement (4 pm latest EST)
November 11th - Bidding Begins for tier 4 (NOON EST) (offers must stand for 12 hours.)
All offers need to be sent in this format.
Subject: TEAM NAME - Player Name Offer (Tier x)
1. Full contract offer (invalid raises will be ignored)
2. Expected role on team (star, starter, backup, etc)
3. Team expectation (playoffs, rebuild, championship)
4. Core pieces on team
5. Sales pitch
Example:
LAL - Dwight Howard Offer (Tier 1)
1. Year 1: $20,513,178
Year 2: $21,436,271
Year 3: $22,359,364
Year 4: $23,282,457 (Player Option)
2. Star/Franchise Player
3. Championship
4. Kobe Bryant, Pau Gasol, Steve Nash
5. Re-sign with us!!
All emails not in this format will be ignored.
With the new CBA, the maximum salaries are defined by a certain percentage of the cap, and breaks down as:
0-6 Years in NBA: 25% of the cap
7-9 Years in NBA: 30% of the cap
10+ Years in NBA: 35 of the cap
However, there is a catch that the maximum salary can NOT be less than 105% of the players' previous salary.
Here's a little snippet from Larry Coon's NBA CBA FAQ regarding max salaries.
A free agent's maximum salary in the first year of a new contract is never less than 105% of his salary in the last year of his previous contract. For example, a ten-year veteran free agent who most recently earned $20 million has a maximum salary of at least $21 million, even if that is above the league-wide maximum. A free agent does not need to remain with the same team in order to receive 105% of his previous salary, although the team that signs him is subject to the same salary cap restrictions as with any other free agent.
http://www.cbafaq.com/salarycap.htm#Q16
Qualifying Offers are NOT Cap Holds || Bird Rights Apply to most Players
Maximum Cap Holds based on Years Of Service
Cap Hold calculation
The free agent amount depends on the player's previous salary and what kind of free agent he is:
Kind of free agent......................Previous salary ...............Free agent amount
Any ..........................................Minimum salary .................Cap Hold Calc
Larry Bird, except when coming .....................................150% of his previous salary2
off rookie scale contract ............... 1st Round Picks
Larry Bird, except when coming .....................................190% of his previous salary2
off rookie scale contract ................2nd Round Picks
Larry Bird, following the fourth .......................................200% of his previous salary2
season of his rookie scale contract .. 1st Round Picks
Larry Bird, following the fourth ........................................250% of his previous salary2
season of his rookie scale contract ,, 2nd Round Picks**
** Rule uses Average Salary - which we do not have so 1 and 2nd round picks applies
MLE - • Three Mid-Level exceptions now exist:
- For non-taxpayers: Mid-Level exception set at $5 million in 2011-12 and 2012-13, growing 3% annually thereafter; maximum contract length is four years.
- For taxpayers: Mid-Level exception set at $3 million, growing 3% annually thereafter; maximum contract length of two years.
- For teams operating with salary cap room: Mid-Level exception set at $2.5 million, growing 3% annually thereafter; maximum contract length of two years
Under tax is $5,150,000 4 yrs 3% raises // Tax payers $3,183,000 3 yrs 3% raises and with cap space $2,500,000M 2 yrs 3% raises
Min
$507,336 (caphold)
1yr $788,872 /2 yr $884,293 /3 yrs $916,099 /4 yr $947,907 /5yrs $1,027,424 /6 yrs $1,106,942 /7 yrs $1,186,459 . /8 yrs $1,265,977 /9yrs $1,272,279 /10+ yrs $1,399,507 .
BAE
BAE: BI-ANNUAL EXCEPTION -- None
First-round pick coming off rookie contract: 250% of previous salary if prior salary was below league average; 200% of previous salary if prior salary was above league average
Bird player: 190% of previous salary (if below average) or 150% (if above average)
Early Bird player: 130% of previous salary
Non-Bird player: 120% of previous salary
Minimum-salary player: Portion of minimum salary not reimbursed by the league
CAP HOLDS CAN BE FOUND EASILY ON SHAMSPORTS.COM
Also in FA thread. Make sure you like the caphold if you want the rights to a player. That caphold is a hit on your salary cap.
When a team uses a non-taxpayer's MLE, they are committing to the fact that they won't be taxpayers
so they invoke a hard cap right around $75M
Players signed using Bird Rights are allowed a MAXIMUM of 7.50% yearly raises from the 1st year salary and a maximum of five years. Players signed not using Bird Rights are allowed a maximum of 4.50% yearly raises and only a maximum of four years. For example if I offered Byron Mullens (I own his bird rights) a five year deal with a starting salary of $10M/yr (which I wouldn't, I just picked an easy figure to work with), the biggest raises I could give him would be $750k/year for a contract of $10,000,000 / $10,750,000 / $11,500,000 / $12,250,000 / $13,000,000. If I attempted to offer David West (I do not own his rights) that same starting money, I'd only be allowed to offer him four years with raises of $450k per year.
Minimum cap hold = 507,336