New $50k rule claims first victim?

Post #1 » by **Smitty731** » Fri Jul 28, 2017 12:54 pm

**Cross-post from Trades & Transactions Forum**

Hey all!

Thought you might like to read a Twitter thread I did on the new $50k guarantee rule impacting a potential waiver claim for Quinn Cook, who was let go by the Pelicans a few days ago.

Read on Twitter

Start with that tweet and it will open the whole thread.

Thanks!

Smitty

DBoys · Post #2 » by **DBoys** » Fri Jul 28, 2017 5:15 pm

I'm not sure how Cook is a victim here. He apparently isn't a player good enough to where teams are sure they want him on their 15-man (because no one is willing to even invest 100K in the ability to have him on their team this year), but would like the option to have him on a 2-way or a GL deal (perhaps using an Exhibit 10 process) if they sign him and he doesn't make the 15-man.

His situation ...
1 He got his 25K guarantee, from being waived
2 Now he'll perhaps sign a brand new deal with someone, maybe a 2-way, or maybe an Exhibit 10 where he'll get another 50K in guarantee money when it's done.
3 And he'll land in GL this season, which is what his skill level seems to merit, based on actions by teams.

Am I missing anything?

Post #3 » by **Smitty731** » Fri Jul 28, 2017 6:11 pm

DBoys wrote:I'm not sure how Cook is a victim here. He apparently isn't a player good enough to where teams are sure they want him on their 15-man (because no one is willing to even invest 100K in the ability to have him on their team this year), but would like the option to have him on a 2-way or a GL deal (perhaps using an Exhibit 10 process) if they sign him and he doesn't make the 15-man.

His situation ...
1 He got his 25K guarantee, from being waived
2 Now he'll perhaps sign a brand new deal with someone, maybe a 2-way, or maybe an Exhibit 10 where he'll get another 50K in guarantee money when it's done.
3 And he'll land in GL this season, which is what his skill level seems to merit, based on actions by teams.

Am I missing anything?

My take on it was that several teams were willing to claim him, but since they couldn't then have him as an affiliate player due to the $50k rule, they didn't bother. So, instead of being claimed, getting his $100k and being on an NBA team, now he has to catch on somewhere else, likely for less of a guarantee.

On the flip side, he now gets to pick his next destination. And he certainly could get more than $100k guaranteed in the end. I was simply going off having multiple teams tell me directly that they would not claim him because of the $50k rule.

DBoys · Post #4 » by **DBoys** » Fri Jul 28, 2017 10:11 pm

"....and being on an NBA team..."

This is not about him losing a shot at the NBA. He's just losing a few dollars before he plays in the GL.

If he were worthy of an NBA slot at all, that wasn't altered. He can still get one. Just go sign a deal with anyone.

And if he would have been claimed, that team could have sent him for some or much of the year to GL as an NBA send-down. Apparently no team saw him as much likelihood to be good enough for their NBA roster - and that, rather than the rules, is why they declined.

In essence, this is a GL-caliber guy. In prior years, he may have made a few more dollars before ending up in GL. But while the money will be a bit different (now a max to him of 75K rather than 100K), the end result of where he plays is still the same: G-League.

MarkDeeks · Post #5 » by **MarkDeeks** » Tue Sep 5, 2017 9:52 pm

Smitty731 wrote:**Cross-post from Trades & Transactions Forum**

Hey all!

Thought you might like to read a Twitter thread I did on the new $50k guarantee rule impacting a potential waiver claim for Quinn Cook, who was let go by the Pelicans a few days ago.

Read on Twitter

Start with that tweet and it will open the whole thread.

Thanks!

Smitty

Never thought to match the Twitter handle and the forum handle before. Seems obvious now.

Post #6 » by **Smitty731** » Wed Sep 6, 2017 1:17 am

MarkDeeks wrote:
Smitty731 wrote:**Cross-post from Trades & Transactions Forum**

Hey all!

Thought you might like to read a Twitter thread I did on the new $50k guarantee rule impacting a potential waiver claim for Quinn Cook, who was let go by the Pelicans a few days ago.

Read on Twitter

Start with that tweet and it will open the whole thread.

Thanks!

Smitty

Never thought to match the Twitter handle and the forum handle before. Seems obvious now.

I hope in a good way, but I fear not.