Quote:
Originally Posted by wj4
Yep. No matter where he is going, I doubt he will take less than 20 a year. I've been arguing this with my friends for a minute. He's a business man when it's all said and done. He's not going to play for peanuts.
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your absolutely wrong on this. Lebron James, Chris Bosh, Dwade. None of these guys are even ALLOWED to make $20 million next year. Under the CBA/NBA agreement a players max contract thats been in the NBA between 7-9 years can be up to 30% of the salary cap. The 2011 Salary Cap will be roughly $54 million dollars.(give or take a million). Which means the max these guys can be around 16.2 or so million a year. Now with all these guys like bosh and lebron and what not wanting to team up, this would leave teams like the bulls $800k to get a bench. Which means if they wanna win a championship or team up. All these guys will have to take 1 or 2 million a year less than MAX. Thats gonna be easier to do in Miami over anywhere else because Illinois charges a 3% income tax which is almost half million a year for these guys and New York and NJ have an income tax as well. This is all under the 2007-2011 collective bargaining agreement.
Most of these guys are 7-8 yr pros. So what your gonna see is. Lebron and these guys will sign a 4-5 year max contract which they can have a 3rd year player option which means after the third yr of their contract they can opt out and resign again if they want at a MAX level of a Veteran 10+ player for 35% of the cap which can be over 20 million a year.
Oh and NBA has a soft cap which has fkn tons of loops holes to go over the salary cap. but theres penalties n shit. If u want more info lemme know. hope that helps clear some stuff up for you.
P.S. - watch out for the Nets to makes some moves. Great owner, coach, management. Great young PG, and Center. Good pick in the draft and enough money for almost 2 max contracts. Plus theyre moving to NYC brooklyn in 2 yrs in a brand new arena