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Bosh & LeBron Leaning Towards Extensions

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  • Bosh & LeBron Leaning Towards Extensions

    Nothing official of course, but a decent read courtesy of HoopsWorld where they discuss how things may of changed as of recent with Bosh and James intention of shopping themselves elsewhere this summer. Great news for Raptors fans.

    Source - Click here

  • #2
    I dont get the logic of seeking an extension vs. a long term deal. Doesnt the current cba expire after the 2011 season? Considering that the owners are gungho to have a major overhaul (in their favor) including a flipping of the percentages of the current split of revenues, why would these players jeopardize a drastic cut in their take-home pay by waiting till after the cba dust settles for a long term deal? Unless I am missing something fundamental here.

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    • #3
      I'm not sure what you're asking Bendit. An extension can be signed for up to 6 seasons (including remaining seasons of current contract). I'm not an expert, but I believe that means Bosh picks up his player option next season and then gets another 5 years at the max. So how would Bosh be waiting until after the cba dust settles if he signs an extension?

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      • #4
        @Marz...for some reason I was fixated on a short term type extension. Thank you.

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        • #5
          Marz wrote: View Post
          I'm not sure what you're asking Bendit. An extension can be signed for up to 6 seasons (including remaining seasons of current contract). I'm not an expert, but I believe that means Bosh picks up his player option next season and then gets another 5 years at the max. So how would Bosh be waiting until after the cba dust settles if he signs an extension?
          That would probably make him more money as well given his option year is probably worth more than his starting year on a new contract.

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          • #6
            No problem Bendit. And as apollo says extensions make Bosh more money because he'll be starting at 17 million as opposed to 16 million. When you compound that with 10.5% raises each year, it makes quite a difference.

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            • #7
              LJ, D-Wade, CB4 - Going to, take the money and run.

              Really what did everyone really think would happen? No one leaves $30m behind.
              The best Raptors discussion board is at Raptors Republic.

              Stephen Brotherston, Pro Bball Report

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              • #8
                Marz wrote: View Post
                No problem Bendit. And as apollo says extensions make Bosh more money because he'll be starting at 17 million as opposed to 16 million. When you compound that with 10.5% raises each year, it makes quite a difference.
                If Bosh picks up his option, maybe under the new CBA deal, teams won't be able to sign for 6 years and for a big percent the max players. I think Bosh, Wade and LeBron should sign with their deals before the new CBA kicks on, I have a feeling that the owners will get their way and these max players will not get a sweeter deal.

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                • #9
                  Bosh can pick up his option and sign an extension, I think.

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                  • #10
                    Apollo wrote: View Post
                    Bosh can pick up his option and sign an extension, I think.
                    Yeah, I'm pretty sure that's what would happen if Bosh wanted an extension. We're just left wondering why BC hasn't offered the extension yet. Perhaps he doesn't want to give him 10.5% raises per year?

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                    • #11
                      I think Bosh needs to pick up his option first. I think the ball is in Bosh's court.

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                      • #12
                        I disagree. No way Bosh picks up his option until he sees an extension offer on the table. Think about it. Bosh picks up option, no extension given, player lockout in 2011. Not good business for Bosh. I'd wait for BC to offer the extension, pick up my option, and then sign on the dotted line.

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                        • #13
                          My point was that Bosh needs to let them know he wants to come back. Something tells me Colangelo hasn't forgotten about Bosh being on a contract year.

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                          • #14
                            IIRC Bosh doesn't need to pick up his option first per se... if he accepts an extension then it's tacked on to the option (i.e. extension part starts with 2011/2012 season)

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                            • #15
                              How can you extend something that doesn't yet exist? Pretty sure the only way he can sign an extension and keep those $17M he's guaranteed next season is to pick up his option. Otherwise he would have to opt out and then sign an extension. Either way I think his decision on the option is where everything hinges.

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