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Steve will sign the extension ONLY if....

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by TroyBaros, Jul 9, 2002.

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  1. Rileydog

    Rileydog Contributing Member

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    aelliot is a force to be reckoned with.

    TB - Dammit. If you're going to spout bad information, at least make some attempt to proof read and write in comprehensible english. Spare us the freakin trouble of having to decipher your garbage in our vain attempt to find any semblance of reason, fact or common sense.
     
  2. Roc Paint

    Roc Paint Contributing Member

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    Funny stuff
    Steve just needs to order XXXXXX-Large "We Are One" gear, and everything will be just fine. :)
     
  3. Uprising

    Uprising Contributing Member

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  4. dave feitl

    dave feitl Member

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    The rockets will offer Steve the contract extension only if he agrees....

    to not driving while on pain killers and alcohol

    to not dictate what men with much experience in the league better do or else

    to learn to play some defense (Steve may be just like Barkley when his career is over if he doesn't learn to D up)

    to pass to his other teammates and get teammates more involved

    tell Cat he is not a superstar, he's a good player, but NOT a superstar

    tell Cato he is lazy and will never reach his potential if he continues to ruin the sport of basketball

    realize that Ming is here and may be his only chance to win

    to stop telling us who to draft and trade

    to take care of the headaches and stop f###ing around

    stop dribbling and make sound basketball decisions

    AND LAST BUT NOT LEAST
    GROW THE F##K UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
     
  5. Yetti

    Yetti Contributing Member

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    Troy Baros If there was even a chance of TRUTH in your post then I say.............. ......................................TRADE HIM NOW........THE ROCKETS MUST NOT LET HIM BLACKMAIL THEM UNDER ANY CIRCUMSTANCE.... HE IS NOT THAT IMPORANT ... ONLY LES ALEXANDER IS!!!!!!! IT' S THE PRINCIPLE of it IMHO
     
  6. TexasG

    TexasG Member

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    When did they make Francis the GM of the Rockets? Let me get this staight, if trading Cat is the only way to make the team better (not saying that it is, just a hypothetical situation) then the Rockets can't do it because Francis said so? Seems to me that they are giving Francis WAY too much power. Francis is paid to play PG not be the GM.
     
  7. TexasG

    TexasG Member

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    Not really. It will be totally up to the owner. He can pay the players on his team anything he wants. He will just have to be willing to pay the luxury tax. Now he won't be able to obtain any new free agents though unless they came in a sign and trade, and by the looks of it they will have to ask Francis for permission before they can do that.
     
  8. Dennis2112

    Dennis2112 Contributing Member

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    A little bit harsh but still, very good points.

    :) :) :)
     
  9. RocksMillenium

    RocksMillenium Contributing Member

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    I thought that with the new cap, players can't make anymore then a little over 70 million dollars. Didn't Kobe come up on his contract at the same point that Francis did (in terms of years in the league), and could only sign for something like 73 million dollars? Where did 98 million dollars come from? I'm going to wait and hear the real story unlike some of the people in this thread who have already resorted to taking pot shots at him and Cat. At least let Francis say this for himself, especially since there isn't a "no-trade" clause in NBA contracts.

    LOL!
     
    #29 RocksMillenium, Jul 9, 2002
    Last edited: Jul 9, 2002
  10. giddyup

    giddyup Contributing Member

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    <b>aelliot's</b> fine research doesn't make <b>TroyBaros</b> wrong in stating what Steve wants. It just means that the Rockets cannot give in on that particular demand other than some kind of promise.

    Who IS in that inner circle?
     
  11. ROXTXIA

    ROXTXIA Contributing Member

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    If it was a seven-year deal, it would be about $98,000,000. But isn't six years the max on a contract under the CBA?

    Maybe TB's mixing his facts up? Maybe Steve doesn't know that he can't have a no-trade clause? Maybe he just wants a handshake deal on that (and we all know how much a handshake is worth in business).
     
  12. RunninRaven

    RunninRaven Contributing Member
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    I'm going to LOVE to see TroyB weasel his way out of this one.
     
  13. TexasG

    TexasG Member

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    Actually the pay scale is based on the number of years you've been in the league, and based on the amount of the cap the year that the deal is signed. For instance, Webber's max deal was in the 120 mil range. Finley's max deal was in the 100 mil range, and Dirk's max deal was the same as Francis', in the 98 mil range. Webber has more years in the NBA then Finley, and Finley has more years in the NBA then Francis or Dirk.
     
  14. mfclark

    mfclark Member

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    No, he can get a 7yr deal having bird rights with the Rockets. The max being 6 years is only for players changing teams in an outright FA signing (not sign and trade) or for players having only Early Bird (2yr with same team) rights.

    But, since Troy said that Francis won't sign an extension without a no-trade clause, he's as good as gone. :rolleyes: :rolleyes:
     
  15. B-ball freak

    B-ball freak Contributing Member

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    I think that you can sign outside free agents to 6 years but your own free agents to a 7 year contract. Can anyone confirm this?
     
  16. RocksMillenium

    RocksMillenium Contributing Member

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    If aelliot knows that a player can't have a no-trade clause then Francis and his agent know that. That's why I have find it hard to believe Francis demanded a no-trade clause and a list of team he can be traded to. Also the number 98 million dollars sounds weird. If the Lakers could have signed Kobe to 98 million dollars they would have. Instead Kobe could only sign an extension worth 71 million dollars. So why would Francis and his agent ask for a 98 million dollar extension? No way they would ask for that KNOWING it was impossible to get. That's why I have a hard time believe Francis asked for it.

    Also of note, I think you can only sign your own free agents to 6 year extensions as well. That's why Derek Anderson wanted a 6 year extension, it was the maximum he could get. It would also explain why Kobe's 71 million dollar extension he signed in 1999 was only a 6 year extension.
     
    #36 RocksMillenium, Jul 9, 2002
    Last edited: Jul 9, 2002
  17. Patience

    Patience Contributing Member

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    LOL! What "Facts"?

    Here we go again...

    I think TroyBaros is sitting somewhere laughing right now because he's getting exactly the type of response he wanted to his BS.
     
  18. JuanValdez

    JuanValdez Contributing Member

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    http://members.cox.net/lmcoon/salarycap.htm

    According to Larry Coon, an extension can only be 6 years, starting at the maximum salary and increasing by 12.5% tops. Unfortunately, the FAQ's table of maximum salaries doesn't look far enough into the future to tell us what the maximum salary will be next offseason.

    Counting backwards from $98 million would suggest the max would be $12.56 million.

    In '99-'00, it was $9 million. In '00-'01, it was $9.658 million. In '01-'02 it was $10.625 million. Those are jumps of $650,000-$700,000. Assuming we had the same size jumps for '02-'03 (the upcoming season) and '03-'04 (Francis' first max season), the max would be approximately $12.0 million. Projecting $12 million forward yields a contract of about $93.6 million

    I think the $98 million figure may be an overly aggressive estimate, but it isn't completely unrealistic.

    Of course, please Aelliott and everyone else, check my rules and my math to be sure it's right.
     
  19. JoeBarelyCares

    JoeBarelyCares Contributing Member

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    Maybe Troy is correct. Maybe Francis went to the Li Yaomin school of negotiation. If Li can ask the Rockets for a player as compensation for giving up Yao, and for a no trade clause for Yao, why can't Francis ask for a no trade clause?
     
  20. aelliott

    aelliott Contributing Member

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    The Rockets are allowed to sign Francis to a 7 year deal. Here's the excerpt from the CBA:


    ARTICLE IX LENGTH OF PLAYER CONTRACTS

    Section 1. Maximum Term

    Except where a shorter term is expressly provided for elsewhere in this Agreement, a Player Contract entered into after the date of this Agreement may cover, in the aggregate, up to but no more than six (6) Seasons (including any Season covered by an Option) from the date such Contract is signed; provided, however, that (a) a Player Contract between a Qualifying Veteran Free Agent and his Prior Team may cover, in the aggregate, up to but no more than seven (7) Seasons (including any Season covered by an Option) from the date such Contract is signed, and <b>(b) an Extension of a Rookie Scale Contract may cover, in the aggregate, up to but no more than seven (7) Seasons (including any Season covered by an Option) from the date such extension is signed.</b>

    Here's the blurb on the max salary

    ARTICLE II

    Section 7. Maximum Annual Salary.

    (a) Notwithstanding any other provision of this Agreement, no Player Contract entered into after the date of this Agreement may provide for a Salary plus Unlikely Bonuses in the first Season covered by the Contract that exceeds the following amounts:

    <b>(i)For any player who has completed fewer than seven (7) Years of Service, the greater of (x) 25% of the Salary Cap in effect at the time the Contract is executed, (y) 105% of the Salary for the final Season of the player’s prior Contract, or (z) $9 million.</b>
    (ii)For any player who has completed at least seven (7) but fewer than ten (10) Years of Service, the greater of (x) 30% of the Salary Cap in effect at the time the Contract is executed, (y) 105% of the Salary for the final Season of the player’s prior Contract, or (z) $11 million.
    (iii)For any player who has completed ten (10) or more Years of Service, the greater of (x) 35% of the Salary Cap in effect at the time the Contract is executed, (y) 105% of the Salary for the final Season of the player’s prior Contract, or (z) $14


    So, here's what I came up with assuming the same $42.5M salary cap as last year:

    first year salary would be 25% of the $42.5M cap. That's $10,625,000.00

    The max raise allowed for each subsequent year is fixed at 12.5% of the first year salary , so that works out to $1,328,125.00

    Based on that, the salaries for each year work out like this:

    1)$10,625,000.00
    2)$11,953,125.00
    3)$13,281,250.00
    4)$14,609,375.00
    5)$15,937,500.00
    6)$17,265,625.00
    7)$18,593,750.00

    Total deal: $102,265,625.00 for 7 years
     
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