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Dwayne Wade the Biggest loser in this

Posted on 7/11/14 at 1:10 pm
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/11/14 at 1:10 pm
Wade would have made $41.8 million over the next two years

Idiot
Posted by NorthshoreTiger76
Pelicans, Saints, & LSU Fan
Member since May 2009
80159 posts
Posted on 7/11/14 at 1:11 pm to
true
Posted by arseinclarse
Algiers Purnt
Member since Apr 2007
34405 posts
Posted on 7/11/14 at 1:12 pm to
My thoughts too. Oh well. He's rich.
Posted by Patton
Principality of Sealand
Member since Apr 2011
32647 posts
Posted on 7/11/14 at 1:12 pm to
Good. frick him.
Posted by xenythx
Member since Dec 2007
32417 posts
Posted on 7/11/14 at 1:13 pm to
Got conned by Riley.
Posted by philabuck
NE Ohio
Member since Sep 2008
10378 posts
Posted on 7/11/14 at 1:14 pm to
quote:

Dwayne Wade


He just flopped again.
Posted by TigerRantMan99
Bucktown
Member since Feb 2009
2076 posts
Posted on 7/11/14 at 1:14 pm to
Nope. He will get paid regardless. Everyone knows that. Anyone that has paid attention to all the talk knows how that will work out.
Posted by THRILLHO
Metry, LA
Member since Apr 2006
49488 posts
Posted on 7/11/14 at 1:16 pm to
He's going to need a wheelchair when he finds out how much money he's lost.
Posted by eyeran
New Orleans
Member since Dec 2007
22096 posts
Posted on 7/11/14 at 1:16 pm to
He'll get that money back over a longer deal, easily.
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33793 posts
Posted on 7/11/14 at 1:16 pm to
quote:

Wade would have made $41.8 million over the next two years


And then what after that? If I'm a GM and Wade opts in I dump his arse right after the contract ends.

He's still going to get that money and he gives the Heat a chance to build around him. He's going to be a Heat for life now.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/11/14 at 1:17 pm to
quote:

Nope. He will get paid regardless. Everyone knows that. Anyone that has paid attention to all the talk knows how that will work ou


So they are going to front load a contract to make that up?

no matter how you draw it up, he will never recover a large portion of what was a guaranteed income
Posted by KosmoCramer
Member since Dec 2007
76476 posts
Posted on 7/11/14 at 1:17 pm to
The Heat will pay him a lot guanteed over about 4-5 years and he will make just as much.

But I suppose in real dollars he loses out due to inflation, but they don't think about it that way.
Posted by petar
Miami
Member since May 2009
5989 posts
Posted on 7/11/14 at 1:19 pm to
yea no way d wade losses out on that much money. He gets a Kobe lakers deal or gets a more longterm deal if they still want to compete
Posted by Lester Earl
Member since Nov 2003
278154 posts
Posted on 7/11/14 at 1:20 pm to
quote:

So they are going to front load a contract to make that up?




they dont have to front load anything. NBA contracts are guranteed
Posted by KosmoCramer
Member since Dec 2007
76476 posts
Posted on 7/11/14 at 1:23 pm to
quote:

NBA contracts are guranteed


Not all of them, I don't believe. I could be wrong.

From NBA.com:

quote:

64. Are contracts always guaranteed?

There are only a few specific types of contracts that must be guaranteed. All other guarantees are a matter of individual negotiation between the player and team. In practice, the majority of NBA contracts (especially for established veterans) are fully guaranteed. Non-guaranteed salary is most often used for fringe players (either at the beginning or end of their careers) or for the later years of long-term contracts (often in conjunction with benchmarks that allow the salary to become fully guaranteed over time).

Only a player's base salary can be guaranteed -- not bonuses or incentives. The percentage of base salary that is guaranteed cannot increase from one year to the next (e.g., if 50% of a player's salary is guaranteed one season, then no more than 50% can be guaranteed in any subsequent season of the contract).

There are actually several types of guarantees:

Lack of skill: A "catch-all" that means the player cannot play well enough to justify remaining on the team.
Death: The player dies while under contract.
Basketball-related injury: The player cannot render his playing services as a direct result of an injury sustained while playing or practicing for the team.
Injury/illness: The player cannot render his playing services as a direct result of any illness or injury, whether or not it was basketball related.
Mental disability: The player cannot render his playing services as a direct result of a mental disability.
Each type of guarantee is independently negotiated, so, for example, a contract might be fully guaranteed for injury or illness, but not for mental disability. Players do not qualify if their condition was caused by participation in a prohibited activity (for example, skydiving), suicide, alcohol or substance abuse.

Some salaries are only partially guaranteed, and/or the guaranteed amount can change based on certain conditions. For example, the salary in the final season of a player's contract might be unprotected for lack of skill, with the protection changing to full if the team has not requested waivers on the player (see question number 65) prior to the team's first regular season game of that season1. The protection can even be tied to performance benchmarks -- for example a player's guaranteed amount might increase if he played 1,600 minutes the previous season. However, in practice these types of performance-based guarantees are rare.

The required guarantees are as follows:

For sign-and-trade contracts (see question number 91), the first season must be protected for lack of skill.
For rookie "scale" contracts (see question number 49), all seasons must be protected for lack of skill and injury/illness for at least 80% of the rookie scale amount.
Qualifying offers to restricted free agents (see question number 91) must be protected for lack of skill and injury/illness.
If an offer sheet to a restricted free agent is subject to the Gilbert Arenas provision (see question number 45), all seasons must be protected for lack of skill and injury/illness.
In addition, on January 102 the base salary in all contracts becomes guaranteed for the remainder of that season (except for one case -- see question 67). A player must clear waivers before this date, so teams have to waive players by 5:00 PM Eastern Time on January 7th in order to have them off their rosters before January 10.

Also, if a player is waived prior to January 10 but is injured as a direct result of playing basketball with his team, then his salary is guaranteed until he is ready to play again or until the end of that season, whichever comes first. However, this does not apply to players whose contracts utilize Exhibit 9 of the Uniform Player Contract (see question number 70).

Due to the rules for the allocation of signing bonuses and the limits on raises, certain combinations of signing bonuses and non-guaranteed salary are incompatible. See question number 55 for more information.

1 A non-guaranteed season can be similar in function to a team option. Teams often prefer the additional flexibility provided by non-guaranteed salary -- the guarantee can change on a date of their choosing, they can guarantee partial amounts, and they can attach different conditions to the protection.
2 February 10 in 2011-12.
Posted by Lester Earl
Member since Nov 2003
278154 posts
Posted on 7/11/14 at 1:24 pm to
quote:

majority of NBA contracts (especially for established veterans) are fully guaranteed


Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/11/14 at 1:25 pm to
quote:

they dont have to front load anything. NBA contracts are guranteed


What i really meant was if his value is, say 8 mil a year and would offer 3 years. Would they offer him 57.8 over 5 years? I doubt it
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13847 posts
Posted on 7/11/14 at 1:27 pm to
Heat will make that right. He was asked to sign out so they could get LeBron. He will get a legacy deal. My guess is 4 years for 50-52 million.
Posted by saintsfan22
baton rouge
Member since May 2006
71485 posts
Posted on 7/11/14 at 1:28 pm to
quote:

What i really meant was if his value is, say 8 mil a year and would offer 3 years.

His contract is gonna be way higher than that. Unless he willing takes less he's getting 14-15 mil a year from the Heat.
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