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Wesley Matthews Contract Question.
Posted: Sun Jul 11, 2010 7:33 am
by BROWN
From what I've read, the Blazers offered him the FULL MLE, but front-loaded it , so the Jazz have to pay 9.2 mil in order to retain him?
I don't clearly understand it, under the Arenas rule, aren't teams only allowed to go up to the MLE?
Matthews’ offer effectively is a max contract for a player who reached free agency after his rookie season. The Blazers signed Matthews to a deal worth the full midlevel exception of $5.765 million plus annual raises from there.
In addition, the offer sheet contains the maximum signing bonuses and front-loading as allowed by the NBA’s salary rules, Young said.
As a result, the Jazz would have to make a $9.2 million upfront payment to Matthews within a week should they match.
http://www.sltrib.com/sltrib/sports/499 ... s.html.csp
Re: Wesley Matthews Contract Question.
Posted: Sun Jul 11, 2010 8:38 am
by Three34
They are, which is why they only offered him the full MLE. But what you're confused about is how the cap numbers for frontloaded contracts are handled. And the answer to that lies here;
http://members.cox.net/lmcoon/salarycap.htm#Q65Paul Millsap's contract is not paid out in the same fashion as the cap number illustrates, and nor will Matthews's be.
Re: Wesley Matthews Contract Question.
Posted: Sun Jul 11, 2010 9:12 am
by BROWN
Thanks Sham.
Re: Wesley Matthews Contract Question.
Posted: Sun Jul 11, 2010 9:08 pm
by floppymoose
So the upshot is that the front-loading didn't really prevent Utah from matching, at least not prevent in a CBA mandated way, right?
Re: Wesley Matthews Contract Question.
Posted: Sun Jul 11, 2010 9:43 pm
by FGump
floppymoose wrote:So the upshot is that the front-loading didn't really prevent Utah from matching, at least not prevent in a CBA mandated way, right?
Correct ...and it doesn't increase their cap hit either. It's just cash flow games being played by the Blazers, because they can. It appears to me there could be some sort of bad blood thing between the two franchises driving this because the net result is merely the Blazers force the Jazz to borrow cash flow money, which hurts the Jazz financially as a franchise without actually helping the Blazers.
Re: Wesley Matthews Contract Question.
Posted: Mon Jul 12, 2010 10:11 pm
by loserX
FGump wrote:It appears to me there could be some sort of bad blood thing between the two franchises driving this because the net result is merely the Blazers force the Jazz to borrow cash flow money, which hurts the Jazz financially as a franchise without actually helping the Blazers.
In an attempt to get vengeance the Jazz will just sign Darius Miles.
Re: Wesley Matthews Contract Question.
Posted: Thu Aug 5, 2010 8:08 pm
by SamBone
would he be considered a BYC player because of the huge jump in salary?
Re: Wesley Matthews Contract Question.
Posted: Thu Aug 5, 2010 11:01 pm
by loserX
SamBone wrote:would he be considered a BYC player because of the huge jump in salary?
No, you can't be BYC if you sign with a different team than the one you were on. He would have been BYC if the Jazz had signed him to that contract, iirc.