Ricky Rubio's Salary

lakerfan10770 · Post #1 » by **lakerfan10770** » Fri Jun 3, 2011 12:31 am

What will it be??

The ESPN article refers to a 5/31/11 date as a deadline of sorts, so he should be locked in at the rookie scale contract for the 2010/2011 season. But does the first year begin with the 2010/2011 season, meaning that his contract will look like this:

2010/2011 - $1,528,513 (*prorated about 45% of 1st year salary)
2011/2012 - $3,627,720
2012/2013 - $3,880,800 (Team Option)
2013/2014 - $4,916,974 (Team Option)

* I came up with that number because on the FAQ's, it mentions that beginning Jan 10th, the rookie scale contract is reduced by 1/170th each day until the end of the season. Perhaps I am over-thinking this, but that seems to infer that only about 93/170th of the salary is removed.

DBoys · Post #2 » by **DBoys** » Fri Jun 3, 2011 12:56 am

There is no 2010-11 salary in this contract. The season has already ended. The contract begins with the 2011-12 season and will therefore conform with the rookie salary scale for 2011-12 rookies that's part of the 2005 CBA.

lakerfan10770 · Post #3 » by **lakerfan10770** » Fri Jun 3, 2011 2:50 am

DBoys wrote:There is no 2010-11 salary in this contract. The season has already ended. The contract begins with the 2011-12 season and will therefore conform with the rookie salary scale for 2011-12 rookies that's part of the 2005 CBA.

That makes sense, but I wonder what the ESPN article was referring to about the deadline:

The negotiations reached a deadline of sorts Tuesday, when Rubio needed to sign a contract in order to be put under the current rookie salary wage scale.

He was faced with a difficult decision -- sign with the Wolves and lock himself into the guaranteed money of that rookie contract while risking losing games of his first NBA season to a potential lockout, or wait to see what unfolds with the league's uncertain labor situation.

Waiting, however, could have cost him money in the long run if the owners are successful in their bid to gain major wage concessions from the players, or if Rubio's on-court production continued to slip like it did this season, thereby hurting his negotiating leverage.

http://sports.espn.go.com/nba/news/story?id=6617479

So Cal Blazer Fan · Post #4 » by **So Cal Blazer Fan** » Fri Jun 3, 2011 5:39 am

If it's true that Rubio has agreed to sign with Minnesota, then his contract starts next season (whenever that might be)

From the CBA, Article VII, Section 5 (e) (4) (ii)

From February 1 through May 31 of any Salary Cap Year, a First Round Pick may enter into a Rookie Scale Contract commencing with the following Season, provided that as of or at any point following the first day of the then-current Regular Season (or the preceding Regular Season in the case of a Contract signed from the day following the last day of the Regular Season through May 31) the player was a party to a player contract with a professional basketball team not in the NBA covering such Regular Season.

giberish · Post #5 » by **giberish** » Fri Jun 3, 2011 7:25 am

I'm pretty sure that the Wolves can (and if so, did) give him a deal based on the current CBA with two full guaranteed years and two team options that have to be exercised a year in advance. The salaries could be changed if there is a general salary rollback in the new CBA, but changes in rookie-scale contracts going forward wouldn't apply to him any more than any other signed player on a rookie deal.

laura_abc · Post #6 » by **laura_abc** » Thu Nov 3, 2011 9:14 am

there are huge amounts... they deserve it, they play well :roll:

gte332 · Post #7 » by **gte332** » Wed Nov 16, 2011 10:30 pm

One clarification: Rubio's salary is based on the rookie scale salary for the year he was drafted (2010-2011), not the year he will actually start playing (2011-2012).

DBoys · Post #8 » by **DBoys** » Wed Nov 16, 2011 11:48 pm

gte332 wrote:One clarification: Rubio's salary is based on the rookie scale salary for the year he was drafted (2010-2011), not the year he will actually start playing (2011-2012).

nope, it's based on the rookie scale salary for the year he will actually start playing (2011-2012) ...or maybe it should be called the year he first contracts for, given the current situation

Courtside · Post #9 » by **Courtside** » Fri Nov 18, 2011 3:29 am

If the league decides to start playing, they could implement their own system and whichever players wanted to, could play. Because there would be no CBA in place, there might be no such thing as a rookie scale wage to determine Rubio's salary. The NBA would not want to implement a rookie cap in order to avoid anti-trust violations, so it's possible that Ricky could be signed to any contract the team felt he was worth. He could pay his buyout in one shot.

DBoys · Post #10 » by **DBoys** » Fri Nov 18, 2011 4:56 am

Rubio's contract each year is written for a specific amounts. It doesn't say "pay him rookie scale" but instead has a defined dollar amount he will be paid each year. So unless there's a salary rollback or contracts are voided as a whole, there will be no variation on what he signed for and there's nothing for him to negotiate. If there's a league that still exists after all the lawyering, of course.

Courtside · Post #11 » by **Courtside** » Mon Nov 21, 2011 2:37 pm

DBoys wrote:Rubio's contract each year is written for a specific amounts. It doesn't say "pay him rookie scale" but instead has a defined dollar amount he will be paid each year. So unless there's a salary rollback or contracts are voided as a whole, there will be no variation on what he signed for and there's nothing for him to negotiate. If there's a league that still exists after all the lawyering, of course.

That's if there's a CBA, DBoys. It depends on how things play out.

If the disclaimer is ruled valid, and the lockout illegal, then the league could open it's doors without an agreement, then they would probably have to eliminate the pre-set salaries, as that would be challenged as an unfair labor practice. As soon as the players unionizes again, they could negotiate a new CBA that includes things like pre-set salaries.

younggunsmn · Post #12 » by **younggunsmn** » Sun Nov 27, 2011 8:44 am

2011,12,13,14, Qualifying offer.
3,480,120 3,741,120 4,002,120 5,070,686 6,723,730

Written in Stone. Unless the courts find for the NBA and wipe all existing contracts.

Rubio signed this deal Pre-Lockout,
and the Rookie Scale for 2011-12 applies to him

(Trivia: He may be the only player it applies to as it looks like we are going back to 2010-11 scale numbers for this year according to Billy Hunter's memo (4.67 mil QO for 9th pick = 2010-11 scale exactly))

Whatever happens with the CBA, It shouldn't affect his salary one bit.

DBoys · Post #13 » by **DBoys** » Sun Nov 27, 2011 5:32 pm

"Unless the courts find for the NBA and wipe all existing contracts."

With the signing of the new CBA, there will be no lawsuits left ongoing. Rubio's deal will be exactly as written.

Saltine · Post #14 » by **Saltine** » Wed Dec 7, 2011 5:39 am

Youngguns has it right (per Wyn)
2011 - $3,480,120
2012 - $3,741,120
2013 - $4,002,120 (team option)
2014 - $5,070,686 (team option)
2015 - $6,723,730 (qualifying offer)

I'm glad he's finally signed

Post #15 » by **Three34** » Sun May 27, 2012 2:06 pm

The confusion here may stem from the fact that the 2011/12 rookie scale amount for the #5 pick IN THE 2011 CBA is slightly less than the 2011/12 rookie scale amount for the #5 pick IN THE 2005 CBA. Rubio gets the latter, since it was under that CBA that he signed. So, bully for him.

Dunkenstein · Post #16 » by **Dunkenstein** » Sun May 27, 2012 5:50 pm

What are you doing Sham? Going over all the posts you missed while you were learning how to be a lawyer? :-)

I also see that you have updated your salary pages. It's about effing time.

Post #17 » by **Three34** » Sun May 27, 2012 6:52 pm

Exactly right. On both counts.