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Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Wed Jun 29, 2016 4:54 pm
by El Bow
My apologies if there is an existing discussion on this topic already.
I continually hear/read from countless media outlets the proposition that LeBron James will sign another 1 year + option type deal in order for CLE to attain full Bird Rights next off-season. However my understanding is that because there's a 2-year minimum restriction for Early Bird contracts, a player/team option cannot be included until the 3rd season.
So I would like to confirm if this is actually the case; a 1+1 type deal isn't available and LeBron would need to sign for a min of 2 years.
Thanks in advance
Re: Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Wed Jun 29, 2016 6:04 pm
by DBoys
To use EB rights (up to 75% raise, limited by max limit), Lebron would have to sign for 2 locked-in years (ie, no options), and it could be as long as 4 years.
If he wants an out in one year, he can sign a 1+1 using non-Bird veteran rights instead (NQVFA), for less starting money (up to 20% raise, limited by max limit), if he prefers.
Re: Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Wed Jun 29, 2016 6:39 pm
by El Bow
Ah ok, so CLE can essentially renounce its right to use the EB exception and elect to sign LeBron via non Bird
Re: Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Wed Jun 29, 2016 7:40 pm
by Smitty731
El Bow wrote:Ah ok, so CLE can essentially renounce its right to use the EB exception and elect to sign LeBron via non Bird
Not exactly. They wouldn't be renouncing anything. They'd just be re-signing him to the max they are allowed.
Re: Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Wed Jun 29, 2016 7:55 pm
by El Bow
Smitty731 wrote:El Bow wrote:Ah ok, so CLE can essentially renounce its right to use the EB exception and elect to sign LeBron via non Bird
Not exactly. They wouldn't be renouncing anything. They'd just be re-signing him to the max they are allowed.
Was just using the terminology from LC's FAQ, but no matter it's inconsequential
http://www.cbafaq.com/salarycap.htm#Q25A team can renounce its Early Bird rights to a player, and instead re-sign him with the Non-Bird exception...
Re: Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Fri Jul 8, 2016 1:44 pm
by ranger001
DBoys wrote:To use EB rights (up to 75% raise, limited by max limit), Lebron would have to sign for 2 locked-in years (ie, no options), and it could be as long as 4 years.
If he wants an out in one year, he can sign a 1+1 using non-Bird veteran rights instead (NQVFA), for less starting money (up to 20% raise, limited by max limit), if he prefers.
I thought to qualify for early bird a player just had to be with his team for two consecutive years. Are you saying he would have had to have a contract for 2 years so a 1 year contract then another 1 year contract would not work?
Re: Consecutive 1+1 Type Contracts [re: LeBron]
Posted: Sat Jul 9, 2016 4:52 am
by DBoys
ranger001 wrote:DBoys wrote:To use EB rights (up to 75% raise, limited by max limit), Lebron would have to sign for 2 locked-in years (ie, no options), and it could be as long as 4 years.
If he wants an out in one year, he can sign a 1+1 using non-Bird veteran rights instead (NQVFA), for less starting money (up to 20% raise, limited by max limit), if he prefers.
I thought to qualify for early bird a player just had to be with his team for two consecutive years. Are you saying he would have had to have a contract for 2 years so a 1 year contract then another 1 year contract would not work?
You are misunderstanding the discussion, which is about the contract that can be given to a player with EB rights, and not about how to gain them in the first place.