Prokorov wrote:MrDollarBills wrote:why hasn't Dinwiddie been extended yet? can we not play with fire?? (j/k)
we have an option on him. im assuming they will visit that in the offseason
1) He cannot currently be extended. You have to wait for the second anniversary of the signing before you can begin extension talks on this 3yr vet min contract he is currently on. That means you have to wait for next year around December 8th, 2018, or so before you can extend him.
2) There is no team option. It is a psuedo-team option constructed out of a series of partial guarantee dates.
Next season's psuedo team option is identical to this season's in terms of the progessively and gradually guaranteed salary benchmarks. Unlike a team option with guaranteed money that requires a definite commitment to pick up or decline.
This gives the team more flexibility in that the contract's guarantee level only slowly increases, allowing you to back out and cut or trade him at any time. Cutting him before next season starts would be the equivalent of not picking up a team option in practical effect.
It also allows the use of his contract as non-guaranteed money in a trade deal, as opposed to a team option where you may be required to pick up the option and locking in the salary if you want to trade him after the trade deadline has passed but before the begining of free agency.
However, unlike a team option where you can work out a new deal in principal and then decline a team option to make him a free agent to sign that new deal, you cannot do that here with this psuedo team option. If you waive him, some other team will pick him up on the waiver wire for the remaining psuedo team option year. Exercising the psuedo team option by waiving him puts him on the waiver wire instead of making him a FA immediately the way declining a team option would.
The long and short of it is that you have to keep him on the roster (with increasingly guaranteed salary level as the season progresses and those milestones are met) till December of next season (meaning after the off season has passed and the season has begun) before you can sign him to an extension prior to his free agency in a few months. Assuming he can be convinced to do so instead of exploring the market at the end of the season anyway
3) The Nets will have bird rights at the end of the 3yr contract with a small cap hold due to the small size of his contract. So it might make sense to just wait for free agency.
Unless you think you have little need for cap space two summers from now and would rather have the extension locked in instead of the small cap hold on the books. And assuming the Nets think they would get him cheaper with the extension than on the free market...at the simultaneous time that Dinwiddie thinks the Nets offer on December 2018 is more than he can get in the free market rather than if he just waits a few months (less than a season) for the beginning of free agency in July 2019.
All those factors may not line up. So I don't know how likely an extension would be or if it is realistic.