PG Graveyard wrote:paulpressey25 wrote:I'm just hoping the Bucks had a handshake deal in place for a 3/$100 extension. If his agents want to play the market, they can gamble that he'll get a much bigger offer come summer.
Are there any restrictions on the extension Jrue can sign or is more advantageous for him to wait until the offseason? In this FA market he is almost assuredly getting the max from someone.
I've been asking the same thing and haven't gotten a reply. I'm not aware of any restrictions, but as they say, you don't know what you don't know.
I do know that Khris had to wait until summer to opt out because the 4th year of his 5/$70m was a relatively low salary and his maximum percentage raise would have left him far short of what he was clearly going to make if he waited. Waiting for summer and officially opting out lifted the artificial limit on how much his raise could be, so he was only limited by the Bird Rights max. That shouldn't apply to Jrue though, because he doesn't have an unusually low salary like Khris had in 2018-19. The maximum raise he's allowed when extending this early is probably right on par with a max contract anyway.
That said, I feel like there might be a limit on getting the 5-year deal if he doesn't wait until summer, but I could be imagining that. It just seems weird to be able to opt out now and start a new contract extension next fall. And if he can't exercise his opt-out clause now, then I believe he can't sign a 5-year extension now because that would leave him under contract for 6.5 years from now, which I'm pretty sure is illegal. If I'm not mistaken, that's why Giannis had to wait until last summer to sign his extension because 6 years into the future is the maximum for guaranteed money.
Basically, if he signs an extension now, does his new salary start next year or in 2022-23? Because he is technically still under contract for 21-22 until he opts out, and I'm not sure he can opt out during the season to sign an extension. It's possible the extension would be tacked on to next year's $27m option. Coon's CBA FAQs site hasn't worked for a while so I don't know a convenient place to check.
Wut we've got here is... faaailure... to communakate.