yeah seriously...we've been over this...he's coming back...I will bet my one remaining functional testicle on it
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There's an article in the Morning Coffee links stating that if Lowry walks, Reggie Jackson or Isaiah Thomas might be decent backup plans (restricted and unrestricted free agents respectively).
Losing Lowry would suck, but does anyone see us winning ~50 games with either Jackson or Thomas running the show next year?
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Nilanka wrote: View PostThere's an article in the Morning Coffee links stating that if Lowry walks, Reggie Jackson or Isaiah Thomas might be decent backup plans (restricted and unrestricted free agents respectively).
Losing Lowry would suck, but does anyone see us winning ~50 games with either Jackson or Thomas running the show next year?@Boymusic66
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Nilanka wrote: View PostThere's an article in the Morning Coffee links stating that if Lowry walks, Reggie Jackson or Isaiah Thomas might be decent backup plans (restricted and unrestricted free agents respectively).
Losing Lowry would suck, but does anyone see us winning ~50 games with either Jackson or Thomas running the show next year?
I like Jackson's game, but it screams "combo guard off the bench". He is very talented though, so maybe he could become a great starter.
And Thomas...I don't know, something about his game reminds me a lot of Mike James when he was in Toronto for that year.
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octothorp wrote: View PostAs far as I know we can extend Lowry any time before June 30. Restrictions would be that the extension can be for four seasons max; the first year of the contract can be only a 7.5% raise (so, $6.675 million in Lowry's case).
We could, however, get around this by giving him a signing bonus. As an example, let's say we wanted to sign him to a three year, roughly $10 million-a-year deal, we could sign him to a $6.675, $10, $10, and then give him a 3 million signing bonus, so that from a cap-hit perspective, it's roughly $7.5, $11.1, $11.1. (Signing bonus is max 15% of total salary, so 4 million). But from Lowry's perspective, he gets $10 million each season, with, essentially, a $3 million advance on his first year on July 1st.
If we wanted to offer a signing bonus, we'd have two options - either count the signing bonus during the current season (we do not have the cap space required for this), or apply the bonus across all seasons equally (no way Lowry accepts non-guaranteed salary on a 3 year deal). The issue is, the total salary has to fit within the raise limits, not just the base salary. As such, the total salary for the first season INCLUDING the cap hits from the signing bonus has to be 6.7M.
So we can only offer an extension of 21.5M over 3 years. If we use the maximum signing bonus (15%), it reduces the total we can give him to 21.3M, with the cap hits being 6.7M, 7.1M, and 7.5, and Lowry getting 3.2M up front (so his payment is actually 9.9M, 6.0M, 6.4M).
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DanH wrote: View PostNo, we can't give him what you outlined there - it violates the annual raise limit. The highest contract extension we can offer is 6.7M, 7.2M, 7.7M.
If we wanted to offer a signing bonus, we'd have two options - either count the signing bonus during the current season (we do not have the cap space required for this), or apply the bonus across all seasons equally (no way Lowry accepts non-guaranteed salary on a 3 year deal). The issue is, the total salary has to fit within the raise limits, not just the base salary. As such, the total salary for the first season INCLUDING the cap hits from the signing bonus has to be 6.7M.
So we can only offer an extension of 21.5M over 3 years. If we use the maximum signing bonus (15%), it reduces the total we can give him to 21.3M, with the cap hits being 6.7M, 7.1M, and 7.5, and Lowry getting 3.2M up front (so his payment is actually 9.9M, 6.0M, 6.4M).
http://www.cbafaq.com/salarycap.htm#Q54
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octothorp wrote: View PostUnless I'm reading the CBA FAQ wrong, The maximum raise is 7.5% in only the first year of an extension only. Or, does this mean the maximum raise in all years is equal to 7.5% of the first year salary?
http://www.cbafaq.com/salarycap.htm#Q54
See Q59 as well for more detail, especially this sentence:
Raises in each year of a veteran extension are limited to 7.5% of the salary in the first year of the extension.
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Special guest @Klow7 at the production meeting prepping for GameTime pic.twitter.com/siPqi2FjXJ
— NBA TV (@NBATV) May 8, 2014
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