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LeBron's max deal next summer could be 5yr/$217M - do you sign him?
Posted on 6/30/16 at 1:15 pm
Posted on 6/30/16 at 1:15 pm
If the salary cap next summer goes to $108M, which is a projection thrown out quite a bit, as a 10 year vet he is eligible to receive up to 35% of the cap. If he resigns with Cleveland next year, he is also eligible for raises of 7.5% of the first year salary and a 5 year contract. That would put his figures as follows:
32 y/o 2017-18 - $37,800,000
33 y/o 2018-19 - $40,635,000
34 y/o 2019-20 - $43,470,000
35 y/o 2020-21 - $46,305,000
36 y/o 2021-22 - $49,140,000
.........................$217,350,000
$49M for a 36 year old is steep. For some perspective, $33M/year is the highest salary in NBA history when Jordan received that in 1997-1998 as a 34 year old. Do you pay him that since he's quite obviously been underpaid because of the stupid NBA max contract rules? Do you think Cleveland will pay it?
32 y/o 2017-18 - $37,800,000
33 y/o 2018-19 - $40,635,000
34 y/o 2019-20 - $43,470,000
35 y/o 2020-21 - $46,305,000
36 y/o 2021-22 - $49,140,000
.........................$217,350,000
$49M for a 36 year old is steep. For some perspective, $33M/year is the highest salary in NBA history when Jordan received that in 1997-1998 as a 34 year old. Do you pay him that since he's quite obviously been underpaid because of the stupid NBA max contract rules? Do you think Cleveland will pay it?
This post was edited on 6/30/16 at 1:16 pm
Posted on 6/30/16 at 1:16 pm to slackster
If you want a chance at 5 straight NBA titles, year round media coverage, sold out arenas, etc then the answer is yes, pay the man.
This post was edited on 6/30/16 at 1:18 pm
Posted on 6/30/16 at 1:16 pm to slackster
no, i don't have that kind of money
Posted on 6/30/16 at 1:16 pm to slackster
$49 million per year is insane
Posted on 6/30/16 at 1:16 pm to slackster
I didn't read your post but yes sign him, pay literally whatever you have to, he makes any team an instant contender
Posted on 6/30/16 at 1:17 pm to slackster
If you are interested in building a dynasty, no way you should take that much money from your team. Especially since you have a lifetime contract with Nike worth god money.
Posted on 6/30/16 at 1:18 pm to slackster
That deal would be subject to the Over 36 rule in the NBA salary cap. So it's more likely he signs a 4 year max deal in 2017.
Posted on 6/30/16 at 1:18 pm to slackster
Cleveland owes that dude more than anything they're allowed to pay him for what he's done for that franchise.
if I'm Cleveland, I pay him.
if I'm Cleveland, I pay him.
Posted on 6/30/16 at 1:18 pm to Kracka
if he were 4 years younger yes. not paying 36 year old lebron 49 million dollars
Posted on 6/30/16 at 1:19 pm to jturn17
Fill me in on the over 36 rule?
Posted on 6/30/16 at 1:19 pm to slackster
He doesn't get 35% the first year it starts at a lower amount than 37.8 million so his deal would be around 5 years - $207 million and I would sign him based on how this season goes, he's into his 30's and athleticism is only going downwards and you don't pay for past performance you pay for future performance. Sure their might be outcry if he left but say they gave him that money at at age 35,36 and 37 he is just a solid player, fans would throw a bitch fit and say his contract ruined the team
Posted on 6/30/16 at 1:20 pm to slackster
Yes. Every NBA team would kill to be able to pay him that
Posted on 6/30/16 at 1:20 pm to slackster
For further perspective, the salary cap in '97-98 was $26.9 million.
Posted on 6/30/16 at 1:21 pm to slackster
I'd front load his contract if I could. He only has 2 solid years left on his body.
Posted on 6/30/16 at 1:21 pm to slackster
Yes. You pay it and you don't think twice about it. You won't get the same results from him towards the end of the deal, but I think LeBron's size and skill set will allow him to still be a productive player as he ages.
Posted on 6/30/16 at 1:21 pm to slackster
For the record, Durant would be eligible for the same if he resigns with OKC this year and next.
Posted on 6/30/16 at 1:21 pm to slackster
He should take every nickel that he can as long as he can be the best player on a championship team.
So even if he declines if he's still top 5 or close to it at 36, then yeah, you sign him.
So even if he declines if he's still top 5 or close to it at 36, then yeah, you sign him.
This post was edited on 6/30/16 at 1:24 pm
Posted on 6/30/16 at 1:22 pm to slackster
quote:I don't think I understand the question, do you pay him? As opposed to what, letting him go because the price is too high?
LeBron's max deal next summer could be 5yr/$217M - do you sign him? by slackster
You keep him and maybe he's overpaid in the final couple of seasons of the deal and that's a detriment to your team. You don't sign him and you're back to a nothing team for the entire 5 years, what decision is there to discuss?
Also, he proved this postseason that he can still be the best player for at least a couple more years, and maybe a top 5-10 player after that, so he's still going to be worth a max contract for years to come.
Posted on 6/30/16 at 1:22 pm to slackster
quote:
The Over-36 rule addresses a loophole. Suppose a player is nearing retirement, and he wants to finish his career with a team that can only offer him their Non-Taxpayer Mid-Level exception. If they want to give this player more money than is allowed by the exception, they could instead offer a contract for more years than they expect the player to play -- continuing to pay the player past his retirement.
For example, suppose the Non-Taxpayer Mid-Level exception is $5 million. With 4.5% raises, a three-year contract would total $15.675 million. But if they added a fourth year to the contract, the salary would total $21.35 million. If the player retires after three seasons and continues drawing his salary for the additional season, then he effectively will be paid $21.35 million for three years' work. In essence, they are giving the player a three-year contract with additional deferred compensation.
This loophole is addressed by the Over-36 rule.
Certain contracts that extend past the player's 36th birthday are deemed Over-36 contracts. In an Over-36 contract, the presumption is that the seasons at the end of the contract are likely to come after the player retires. Therefore, the salaries in those seasons are classified as deferred compensation as described above. This is significant because deferred compensation is charged to team salary in the year it is earned, not the year it is paid.
This post was edited on 6/30/16 at 1:24 pm
Posted on 6/30/16 at 1:22 pm to Goldrush25
quote:
He should take every nickel that he can as long as he's the best player in the league.
Right, it's not like we're talking about Harrison Barnes here.
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