Draft and stash question
Draft and stash question
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Draft and stash question
I'm looking through LC's faq for language as to signing an international player that was drafted more than 3 years ago. Utah drafted Ante Tomic 7 years ago, and although I know you can go over the cap to sign your draft picks, it's my understanding that Utah would have to use cap room or an exception to sign Tomic. Specifically, it would be very helpful if I had could find the actual language that explains this, so anybody who can find that would be my hero. TIA.
Re: Draft and stash question
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Re: Draft and stash question
I'm not sure if Tomic is a 1st or 2nd round pick.
For 2nd round picks they have to fit into cap room or an exception. For most college players it's just the min salary exception.
For 1st round picks who've been overseas for 3 or more years, they don't have to sign with a standard 1st round pick deal but again the team would then need cap space or an exception to make a deal. What I'm not sure of is if a 1st round pick who's been overseas for 3 or more years could still agree to a standard 1st round contract if they wanted to - which doesn't take cap space.
Of course Utah seems to have plenty of cap space so this shouldn't be an issue - and if you're thinking they could spend up to the cap then sign Tomic with a 1st round pick deal that wouldn't work as there is a cap hold on potential 1st round pick deals that only goes away if the team commits to not sign the player that year.
For 2nd round picks they have to fit into cap room or an exception. For most college players it's just the min salary exception.
For 1st round picks who've been overseas for 3 or more years, they don't have to sign with a standard 1st round pick deal but again the team would then need cap space or an exception to make a deal. What I'm not sure of is if a 1st round pick who's been overseas for 3 or more years could still agree to a standard 1st round contract if they wanted to - which doesn't take cap space.
Of course Utah seems to have plenty of cap space so this shouldn't be an issue - and if you're thinking they could spend up to the cap then sign Tomic with a 1st round pick deal that wouldn't work as there is a cap hold on potential 1st round pick deals that only goes away if the team commits to not sign the player that year.
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Re: Draft and stash question
giberish wrote:I'm not sure if Tomic is a 1st or 2nd round pick.
For 2nd round picks they have to fit into cap room or an exception. For most college players it's just the min salary exception.
For 1st round picks who've been overseas for 3 or more years, they don't have to sign with a standard 1st round pick deal but again the team would then need cap space or an exception to make a deal. What I'm not sure of is if a 1st round pick who's been overseas for 3 or more years could still agree to a standard 1st round contract if they wanted to - which doesn't take cap space.
Of course Utah seems to have plenty of cap space so this shouldn't be an issue - and if you're thinking they could spend up to the cap then sign Tomic with a 1st round pick deal that wouldn't work as there is a cap hold on potential 1st round pick deals that only goes away if the team commits to not sign the player that year.
Tomic was a 2nd rounder.
A 1st rounder who has been overseas for 3 years can still sign the rookie deal (assuming his team never renounced his rights). Here is the relevant passage if you are interested:
Section 2. Rookie Contracts for Later-Signed First Round Picks.
Except as provided in Section 3 below, a First Round Pick who does not sign with the
Team that holds his draft rights for any portion of the three (3) Seasons following the NBA Draft
in which he was selected (and who did not play intercollegiate basketball during such period)
may enter into either (a) a Rookie Scale Contract in accordance with Section 1 above, or (b) if
the Team has Room in excess of the applicable first-year Rookie Scale Amount, a Contract
covering no fewer than three (3) Seasons that provides for Salary plus Unlikely Bonuses in the
first Salary Cap Year up to the amount of the Team’s Room and increases or decreases in Salary
and Unlikely Bonuses in subsequent Salary Cap Years in accordance with Article VII,
Section 5(c)(1).
http://www.nbpa.org/sites/default/files ... 20VIII.pdf
Re: Draft and stash question
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Re: Draft and stash question
Amish Mafioso wrote:Utah drafted Ante Tomic 7 years ago, and although I know you can go over the cap to sign your draft picks...
Nope, not in this case. Tomic was a 2nd rounder. You are only provided a "cap exception" (ie, the ability to go over the cap to sign a player) for a 1st rounder.
Accordingly, if Utah wants to sign him, they would have to have cap room or fit him into a more general exception to the cap rules - the MLE, BAE, minimum salary contract exception, or a disabled player exception.
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Re: Draft and stash question
DBoys wrote:Amish Mafioso wrote:Utah drafted Ante Tomic 7 years ago, and although I know you can go over the cap to sign your draft picks...
Nope, not in this case. Tomic was a 2nd rounder. You are only provided a "cap exception" (ie, the ability to go over the cap to sign a player) for a 1st rounder.
Accordingly, if Utah wants to sign him, they would have to have cap room or fit him into a more general exception to the cap rules - the MLE, BAE, minimum salary contract exception, or a disabled player exception.
This is essentially how the Bulls signed Nikola Mirotic. They used the full 3 year MLE, if I recall.
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Re: Draft and stash question
Scoot McGroot wrote:DBoys wrote:Amish Mafioso wrote:Utah drafted Ante Tomic 7 years ago, and although I know you can go over the cap to sign your draft picks...
Nope, not in this case. Tomic was a 2nd rounder. You are only provided a "cap exception" (ie, the ability to go over the cap to sign a player) for a 1st rounder.
Accordingly, if Utah wants to sign him, they would have to have cap room or fit him into a more general exception to the cap rules - the MLE, BAE, minimum salary contract exception, or a disabled player exception.
This is essentially how the Bulls signed Nikola Mirotic. They used the full 3 year MLE, if I recall.
Thought the had caproom from cutting Boozer? Used it to sign Gasol and Mirotic
Re: Draft and stash question
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Re: Draft and stash question
Sixerscan wrote:Scoot McGroot wrote:DBoys wrote:
Nope, not in this case. Tomic was a 2nd rounder. You are only provided a "cap exception" (ie, the ability to go over the cap to sign a player) for a 1st rounder.
Accordingly, if Utah wants to sign him, they would have to have cap room or fit him into a more general exception to the cap rules - the MLE, BAE, minimum salary contract exception, or a disabled player exception.
This is essentially how the Bulls signed Nikola Mirotic. They used the full 3 year MLE, if I recall.
Thought the had caproom from cutting Boozer? Used it to sign Gasol and Mirotic
Good question. He signed for 3 years and $5.3m in the 1st year. Seemed a perfect match for the MLE.
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Re: Draft and stash question
Sixerscan is correct. After amnestying Boozer, the Bulls used cap room to sign Gasol and Mirotic. They then used the Room MLE to sign Hinrich.
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Re: Draft and stash question
I think what Chicago did was agreed to a deal for the Non-Taxpayer MLE amount with Mirotic. Then after doing their Cap work, they used Cap space instead. And then, as Dunkenstein said, they used the Room MLE to sign Hinrich.
This practice is fairly common. It gives teams options, depending on how the transactions actually play out.
This practice is fairly common. It gives teams options, depending on how the transactions actually play out.