Consecutive 1+1 Type Contracts [re: LeBron]

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El Bow
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Consecutive 1+1 Type Contracts [re: LeBron] 

Post#1 » by El Bow » Wed Jun 29, 2016 4:54 pm

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
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Re: Consecutive 1+1 Type Contracts [re: LeBron] 

Post#2 » by DBoys » Wed Jun 29, 2016 6:04 pm

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.
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Re: Consecutive 1+1 Type Contracts [re: LeBron] 

Post#3 » by El Bow » Wed Jun 29, 2016 6:39 pm

Ah ok, so CLE can essentially renounce its right to use the EB exception and elect to sign LeBron via non Bird
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Re: Consecutive 1+1 Type Contracts [re: LeBron] 

Post#4 » by Smitty731 » Wed Jun 29, 2016 7:40 pm

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.
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Re: Consecutive 1+1 Type Contracts [re: LeBron] 

Post#5 » by El Bow » Wed Jun 29, 2016 7:55 pm

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#Q25
A team can renounce its Early Bird rights to a player, and instead re-sign him with the Non-Bird exception...
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Re: Consecutive 1+1 Type Contracts [re: LeBron] 

Post#6 » by ranger001 » Fri Jul 8, 2016 1:44 pm

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?
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Re: Consecutive 1+1 Type Contracts [re: LeBron] 

Post#7 » by DBoys » Sat Jul 9, 2016 4:52 am

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.

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