What is this Real GM contract weirdness?

DBoys · Post #1 » by **DBoys** » Thu Jul 7, 2016 5:34 am

In an article on Rondo's deal, it says Rondo will get: "a two-year, $28 million deal with the Chicago Bulls that contains a mutual option."

What is this "mutual option" nonsense? It's not allowed by CBA. Any idea what the writer was trying to say with that term, or did he just make something up that sounds good?

giberish · Post #2 » by **giberish** » Thu Jul 7, 2016 7:19 am

A player option coupled with an unguaranteed year would be legal. If the unguaranteed 2nd year gets guaranteed at the same time (or within a day or two) as the team option has to be decided it works as a mutual option. Or the writer may have just been confused.

Post #3 » by **Smitty731** » Thu Jul 7, 2016 1:23 pm

DBoys wrote:In an article on Rondo's deal, it says Rondo will get: "a two-year, $28 million deal with the Chicago Bulls that contains a mutual option."

What is this "mutual option" nonsense? It's not allowed by CBA. Any idea what the writer was trying to say with that term, or did he just make something up that sounds good?

I think what may have been meant is that it contains a Player Option for a Non-Guaranteed year on the second year. Nothing confirmed on that yet, but that is the word.

Since the general public equates Non-Guaranteed with Team Option, it is often reported that way. I can follow up to see what means, but it is probably just a direct quote from the original article.

DBoys · Post #4 » by **DBoys** » Fri Jul 8, 2016 5:59 am

"a Player Option for a Non-Guaranteed year on the second year"

That wouldn't be the same as a mutual option.

And if the writer was trying to describe a Player Option for a Non-Guaranteed year on the second year, he didn't get the deal right. For that to be true, Rondo wouldn't have gotten a penny guaranteed in his entire deal.

DBoys · Post #5 » by **DBoys** » Sat Jul 23, 2016 3:30 am

There is no option of ANY kind. Ordinary contract, simply partial gtee in yr 2, awful reporting. And "a Player Option for a Non-Guaranteed year on the second year" would not have been CBA-legal.

Post #6 » by **Smitty731** » Sat Jul 23, 2016 1:44 pm

DBoys wrote:There is no option of ANY kind. Ordinary contract, simply partial gtee in yr 2, awful reporting. And "a Player Option for a Non-Guaranteed year on the second year" would not have been CBA-legal.

The original report was what I described. The Wire Tap aggregates stories from various sources and re-reports them. So, it was a quote direct from the original source. I don't know the original reporter, but I do know what you mean. It is a major pet peeve for me when they report partial/non-guaranteed years as team options. Drives me fairly crazy actually.

DBoys · Post #7 » by **DBoys** » Sat Jul 23, 2016 2:17 pm

Interesting. If you can find attribution being given in this article, for the claim that this contract had a "mutual option," be my guest. If it's not really Real GM as the source of this info, then was it plagiarized ESPN style, stealing the work (mistakes and all) from a reporter without crediting them? Not good.

http://basketball.realgm.com/analysis/242645/Grading-The-Deal-Rajon-Rondo-Bulls-Agree-To-Low-Risk-Deal

Post #8 » by **Smitty731** » Sat Jul 23, 2016 2:48 pm

DBoys wrote:Interesting. If you can find attribution being given in this article, for the claim that this contract had a "mutual option," be my guest. If it's not really Real GM as the source of this info, then was it plagiarized ESPN style, stealing the work (mistakes and all) from a reporter without crediting them? Not good.

http://basketball.realgm.com/analysis/242645/Grading-The-Deal-Rajon-Rondo-Bulls-Agree-To-Low-Risk-Deal

My bad entirely. I thought you were referring to the wiretap article. I have not read through this one. I'll take a look.

BadMofoPimp · Post #9 » by **BadMofoPimp** » Sun Jul 24, 2016 1:41 am

Isn't a mutual option what they call a handshake deal?