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Discuss: [HVC] 2006/7 End of Season Contracts Review at Detroit Pistons Fan Community - PistonsForum.com

A qualifying offer is a one year contract with a raise over the previous year. By tendering it to the ...

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Old 06-04-2007, 10:21 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

A qualifying offer is a one year contract with a raise over the previous year. By tendering it to the player, he becomes restricted in free agency, which means the Pistons have the opportunity to match any offer sheets from other teams that his agent can drum up.

Without it, Amir could take any offer from any where, even if it was for less than the Pistons were willing to pay.
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Old 06-04-2007, 10:24 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

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Originally Posted by roscoe36 View Post
A qualifying offer is a one year contract with a raise over the previous year. By tendering it to the player, he becomes restricted in free agency, which means the Pistons have the opportunity to match any offer sheets from other teams that his agent can drum up.

Without it, Amir could take any offer from any where, even if it was for less than the Pistons were willing to pay.
Right, but the Pistons could offer him say 1.8/2.8/3.8/4.8 (team option) as the qualifying offer?

As long as it 'qualifies' it wouldn't have to be a 1 year deal would it?

I guess per usual I was being unclear with my prose.


UPSET UPSET UPSET....

NBA Salary Cap FAQ

Quote:
In order to make their free agent a restricted free agent, a team must submit a qualifying offer to the player by June 30. The amount of the qualifying offer for players on rookie "scale" contracts is based on the player's draft position (see question number 41). The qualifying offer for all other players must be for 125% of the player's previous salary, or the player's minimum salary (see question number 11) plus $175,000, whichever is greater. The qualifying offer must be for one season. A player can elect to accept his qualifying offer (the qualifying offer must be accepted by March 1) and play the following season under its terms. This is sometimes done in order to become an unrestricted free agent the following summer (see question number 38).

Last edited by st8ofmind : 06-04-2007 at 10:26 AM.
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Old 06-04-2007, 10:27 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

No. A qualifying offer is a one year contract. If Amir takes it, he "earns" his freedom to be unrestricted and sign anywhere the next season.

Order of operations

-Pistons tender Amir a qualifying offer.

-He takes it, plays one year in Detroit and then becomes an unrestricted free agent, free to go anywhere he wants.

-He doesn't take it, negotiates a new deal with Detroit or someone else for more money/greater length. If Detroit wants to match the incoming offer, they may do so.
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Old 06-04-2007, 10:48 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

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Originally Posted by roscoe36 View Post
No. A qualifying offer is a one year contract. If Amir takes it, he "earns" his freedom to be unrestricted and sign anywhere the next season.

Order of operations

-Pistons tender Amir a qualifying offer.

-He takes it, plays one year in Detroit and then becomes an unrestricted free agent, free to go anywhere he wants.

-He doesn't take it, negotiates a new deal with Detroit or someone else for more money/greater length. If Detroit wants to match the incoming offer, they may do so.
Wow, none of those options are worth a damn...

Roscoe,


I guess this one (from the same site) is what I was looking for.

Quote:
To summarize, a restricted free agent essentially has four options:
  • He can accept his prior team's qualifying offer, play for one season, and become a free agent again the following summer.
  • He can accept his prior team's maximum qualifying offer (if applicable, and if one has been submitted) and play under a long-term contract at the maximum salary.
  • He can sign an offer sheet with another team, which his prior team is given the opportunity to match.
  • He can negotiate a new contract with his prior team that is independent of the qualifying offer or maximum qualifying offer.

Last edited by st8ofmind : 06-04-2007 at 11:11 AM.
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Old 06-04-2007, 11:25 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

Roscoe,

Thanks for putting this together.


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Old 06-04-2007, 11:27 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

Does this mean we're using our Mid-Level Exception to re-sign Amir? Leaving the reminder of that $5 million (or so) to spend on another free agent?
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Old 06-04-2007, 11:32 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

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Does this mean we're using our Mid-Level Exception to re-sign Amir? Leaving the reminder of that $5 million (or so) to spend on another free agent?
I don't believe so, I think he is a different kind of "Exception". An Early Bird methinks.


Quote:
37. What is the "Gilbert Arenas" provision?

With the previous CBA it was sometimes possible to sign restricted free agents to offer sheets their original teams couldn't match. This happened when a player was an Early Bird or Non-Bird free agent (see question number 19) and the team didn't have enough cap room to match a sufficiently large offer. For example, Gilbert Arenas was Golden State's second round draft pick in 2001, and became an Early Bird free agent in 2003. Golden State therefore could only match an offer sheet (or sign Arenas themselves) for up to the average salary (see question number 24), which was about $4.9 million. Washington signed Arenas to an offer sheet with a starting salary of about $8.5 million, which Golden State was powerless to match.

This loophole was addressed in the current CBA (although not closed completely -- see below). Teams are now limited in the salary they can offer in an offer sheet to a restricted free agent with one or two years in the league. The first-year salary in the offer sheet cannot be greater than the average salary (see question number 24). Limiting the first year salary in this way guarantees that the player's original team will be able to match the offer sheet by using the Early Bird exception (if applicable -- see question number 19), or Mid-Level exception (provided they haven't used it already).
Would be best to use the MLE first on somebody else I guess so we wouldn't 'have' to use it on Amir.

Last edited by st8ofmind : 06-04-2007 at 11:34 AM.
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Old 06-04-2007, 11:51 AM
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Re: [HVC] 2006/7 End of Season Contracts Review

A player who has one year without changing teams as a free agent qualifies for the Non-Bird Exception.

A player who has two years without changing teams as a free agent qualifies for the Early Bird Exception.

A player who has three years without changing teams as a free agent qualifies for the Bird Exception.

Amir is an Early Bird FA.

Early Bird means a raise of 120% over the last seasons' salary or the average player salary (same amount as the Mid-Level Exception), whichever is greater as the maximum of a first year deal.

So we do not need to use the MLE to match other offers in this case.

Alex Acker on the other hand only played one year in the NBA. He's a Non-Bird, and as such we would have to use our MLE to match other offers to him.

Joe will probably also tender a qualifying offer to Acker, just to keep his rights while he plays overseas. It costs us nothing to do so.

If Acker does not come to Detroit, we will have our MLE to spend in FA regardless of the outcome with Amir.
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Old 06-04-2007, 09:26 PM
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Re: [HVC] 2006/7 End of Season Contracts Review

Well done.

I've been laughing for about two minutes after reading this line:
Quote:
Will Blalock - Charles Bonsignore (near as I can tell, he’s a real estate agent in Ventura, California)
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Old 06-05-2007, 02:45 AM
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Thumbs up Re: [HVC] 2006/7 End of Season Contracts Review

Wow, thank you for the information about the free agents. Since I live in the Seattle area, we don't get much press on the Pistons over here anyway. I am relatively ignorant of what is going on with those newer players. Thanks again.
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