Nenad Krstic, Questions.

[NetsForce]

I tried reading through the Josh Childress thread but didn't fully understand the situation with him so I was wondering if someone could explain what is going to happen to Nenad Krstic's restricted and free agent rights.

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My understanding was that the Nets get to keep his RFA rights as long as they offer him a QO every year (and thiat his cap hold will not count against the luxury tax), but what is going to happen to his bird rights / what do the Nets have to do to keep them?

(Also to calculate his caphold do we take his QO from this year ($2.7 million) and multiply it by 300% or do we take his 2007-2008 salary and multiply it by 300%?)

I had another question too, but it just slipped my mind...

[lakerfan10770]

I was also a little confused with the whole QO discussion in the Childress thread, but the bottom line from what I can tell is that if they want to maintain their "Bird Rights" to Kristic then they can't renounce him. So from that point of view, I am going to keep him as a cap hold on the Nets payroll on my spreadsheet at his free agent amount which is $5,669,280. As you said it will not count toward the luxury tax, so they will have almost no reason to renounce him until the "Summer of Lebron" in 2010. At that point, if things work out as the Nets hope, then in all likelihood they will rescind their QO to him and then renounce him.

On a sidenote, I am going to try and keep track of all the free agent amounts for players that do not retire or sign elsewhere from now on. That should be loads of fun..... I may even get crazy and go back a year or two and track down all the old cap holds that still should be on the books, Michael Sweetney is one that comes to mind.

[Three34]

Think of it as a gap year.

[NetsForce]

Okay thanks for the info lakerfan, and I love the site Sham

Just for my own knowledge though, to the Nets technically have to offer him a qualifying offer each and every offseason or now that they've offered him the qualifying offer does that basically last until they withdraw it or he signs with another team?

(Does the QO ever expire? I guess that's what I'm asking)

[FGump]

QO's expire. Per rule they must last until at least Oct 1 and presumably that's the date they are all written to expire. In any event, if the player doesn't sign with anyone in the NBA, the next season, they have to be offered again if the team wants ROFR (RFA) rights again.