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Started By
Message
re: Asik signs 5 year deal for $60 million, 5 year not guaranteed
Posted on 7/10/15 at 12:40 pm to LosLobos111
Posted on 7/10/15 at 12:40 pm to LosLobos111
Dell got really creative with contracts this summer. As I hinted to in another thread, you will see Babbitt's 2nd year isn't guaranteed.
Incentives in Asik and Ajinca's deals likely tied to games played. Dell works the edges well. Now, he just needs to nail the next big move
Incentives in Asik and Ajinca's deals likely tied to games played. Dell works the edges well. Now, he just needs to nail the next big move
1
Posted on 7/10/15 at 12:41 pm to TigerinATL
quote:
Eric Pincus ?@EricPincus 32m32 minutes ago
$3 million of Omer Asik's final year at $11.98 mil is guaranteed (19/20), he also has an ETO that year w/ Pelicans
quote:
Eric Pincus ?@EricPincus 31m31 minutes ago
Some more than $3 mil of Omer Asik's $ in 19/20 can be guaranteed based on incentives (TBD) @BBallInsiders New Orleans Pelicans
Posted on 7/10/15 at 12:42 pm to LosLobos111
quote:
Ajinca's contract is actually 4/19.2
Even better.
quote:
Eric Pincus ?@EricPincus 20m20 minutes ago
Omer Asik has $1 mil each year of incentives to meet (TBD) @BBallInsiders New Orleans Pelicans
Now that isfricking weird. I don't think I've ever seen that in an NBA contract.
Posted on 7/10/15 at 12:44 pm to LosLobos111
quote:
Eric Pincus ?@EricPincus 32m32 minutes ago
$3 million of Omer Asik's final year at $11.98 mil is guaranteed (19/20), he also has an ETO that year w/ Pelicans
Really interesting.
I was hoping it was fully NG that year though.
Posted on 7/10/15 at 12:46 pm to LosLobos111
quote:
$3 million of Omer Asik's final year at $11.98 mil is guaranteed (19/20), he also has an ETO that year w/ Pelicans
That's interesting. So the last year only $3 million guaranteed if he hits his incentives BUT it's not a team option, a player option. An unguaranteed year with a player option. Either party could walk away.
Posted on 7/10/15 at 12:46 pm to Fun Bunch
quote:
Now that isfricking weird. I don't think I've ever seen that in an NBA contract.
Jrue has close to 1 million in incentives in each of his years. Obviously, hasn't met them in last two.
Posted on 7/10/15 at 12:46 pm to Fun Bunch
The Bird Writes is trying to get a year by year from pincus.
Posted on 7/10/15 at 1:09 pm to Crewz
jimmy smith...to the bat phone!
Posted on 7/10/15 at 1:52 pm to cgrand
Serious question, where any other teams interested in Asik?
Were there any rumors of him going elsewhere possibly?
Were there any rumors of him going elsewhere possibly?
Posted on 7/10/15 at 3:44 pm to Fun Bunch
quote:Was always reported that 5th year was non-guaranteed. Now it is at least $3 million guaranteed and maybe millions more?
Really interesting. I was hoping it was fully NG that year though.
This post was edited on 7/10/15 at 3:46 pm
Posted on 7/10/15 at 3:44 pm to TeddyPadillac
quote:
Michael McNamara ?@McNamara247 29 minutes ago
OK, some contract details from a good source (Pels have not confirmed or denied). So, it looks like most (more than half) of Asik's 4th yr is guaranteed. Only a small part is not. Only a small part of 5th year is guaranteed (about 3 mil). Sounds like the logic here is that if Asik doesnt pan out, the Pels can stretch him after 3rd yr & have remaining 12 mil or so spread out over 5 yrs. 2.5 mil per yr is nothing
Posted on 7/10/15 at 3:47 pm to NOSHAU
quote:
Was always reported that 5th year was non-guaranteed. Now it is at least $3 million guaranteed and maybe millions more?
Scott told people there was a small portion guaranteed in 5th year, didn't he?
We all knew it, and I am pretty sure it was reported by him. Wasn't it?
Posted on 7/10/15 at 3:49 pm to TigerinATL
quote:
Michael McNamara ?@McNamara247 29 minutes ago
OK, some contract details from a good source (Pels have not confirmed or denied). So, it looks like most (more than half) of Asik's 4th yr is guaranteed. Only a small part is not. Only a small part of 5th year is guaranteed (about 3 mil). Sounds like the logic here is that if Asik doesnt pan out, the Pels can stretch him after 3rd yr & have remaining 12 mil or so spread out over 5 yrs. 2.5 mil per yr is nothing
This seems to put the whole thing into context.
Posted on 7/10/15 at 3:53 pm to Crewz
quote:Scott who? Kushner didn't. He reported 5th year not guaranteed. Maybe the end result will end up being the same (but spread between 4th and 5th year) if your source is correct.
Scott told people there was a small portion guaranteed in 5th year, didn't he? We all knew it, and I am pretty sure it was reported by him. Wasn't it?
This post was edited on 7/10/15 at 3:55 pm
Posted on 7/10/15 at 4:11 pm to NOSHAU
Did he say not guaranteed or not fully guaranteed?
Either way - sorry. Assumed it was known.
Either way - sorry. Assumed it was known.
Posted on 7/10/15 at 4:13 pm to Crewz
More info - base starts at 9.2, goes up to 11.98. Standard raises. 1 mil in incentives possible for each season. Still don't know what incentives are based on. Last thing I need to find out.
Posted on 7/10/15 at 4:24 pm to Crewz
Incentives will likely be available in a week or so. Early rumblings is games played and maybe rebounds. Cap figures for players are based on likelihood to reach incentive, so it could make a slight difference
Posted on 7/10/15 at 5:16 pm to NOSHAU
Yeah - says only first four of the deal are guaranteed. Deal isn't fully guaranteed, etc.
Either way, that is my bad. It was widely known behind the scenes and I assumed it was said in public. Won't make that assumption next time.
I guess I am wondering what the issue is. It's almost just as valuable a trade chip and/or not an issue if we just decline it.
I guess I am more excited about the incentives part and the overall 4th and 5th year 'get out' plan in the worst case scenario than most.
Either way, that is my bad. It was widely known behind the scenes and I assumed it was said in public. Won't make that assumption next time.
I guess I am wondering what the issue is. It's almost just as valuable a trade chip and/or not an issue if we just decline it.
I guess I am more excited about the incentives part and the overall 4th and 5th year 'get out' plan in the worst case scenario than most.
Posted on 7/14/15 at 7:47 am to Crewz
The deal is a little cheaper than previously thought with about $1 million per year in incentives being categorized as unlikely and not counting since he didn't achieve the incentives this past year.
Actual Numbers
$9,213,483
$9,904,494
$10,595,505
$11,286,516
$11,977,527
Projected Numbers
$10,000,000
$10,750,000
$11,500,000
$12,250,000
$13,000,000
Why this matters is that it's almost an extra million in cap space next summer.
Actual Numbers
$9,213,483
$9,904,494
$10,595,505
$11,286,516
$11,977,527
Projected Numbers
$10,000,000
$10,750,000
$11,500,000
$12,250,000
$13,000,000
Why this matters is that it's almost an extra million in cap space next summer.
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