kneega wrote:Thugger HBC wrote:JR is NOT a restricted free agent....once he opts out he becomes UNRESTRICTED, just like last year.
The word "match" is being misused, the Knicks cannot match anything JR sign with another club, if he signs he's gone.
JR has been in the league more than 4 years, he doesn't qualify for Restricted free agent status.
Can you list in your original "JR" post what the max another team could offer JR pls?
JR will have 9 yrs of experience in the NBA. For players with 7-9 yrs of NBA experience, their max starting salary is at 30% of the cap. This would have been $16,402,500 for the 2012-2013 season, but it hasn't been set for the 2013-2014 season yet. You have to wait for the league to tally up income and set next year's cap first, in order to know what the 30% cap figure would be for his eligible starting max salary.
Also, since other teams don't hold his bird rights, they can only offer him up to 4 yrs, with a 4.5% yearly raise.
Even if he's a 6th man of the yr, I doubt he'll get a max contract of 4 yrs with probably over $17M per year, especially with teams being more luxury tax conscious and given some of the doubts from his playoff performance. And if he did, there's no way the Knicks can afford him, since that's way over the Early Bird Rights allowance.
moocow007 wrote:Thugger HBC wrote:Pharm, JR wont be restricted in any way for or fashion, they can't "match", JR would have to turn down offers on his own....we have no control over JR once he opts out.
As far as K-mart that is a "best case scenario" post per the question of the poster.
i think K-Mart is hell bent on proving he still has value, and will take it elsewhere if offered.
I'll wait for deuce on Copelands deal, but imo , i think Grunwald dropped the ball on that one.
I'm not sure about that. I'm pretty sure they actually can match as long as the offer sheet doesn't exceed the Early Bird Exception amount (which is the same as the amount of whatever the full MLE would normally be).
Thugger is correct. While the Knicks may have the salary cap capability of financially offering the same amount as another team up to the limits of the Early Bird exception, they are not allowed to "match" a signed contract because he's an unrestricted free agent. They're not even allowed to "match" a Vet Min contract.
They may offer similar or identical terms (within the limits of the Early Bird exception) during parallel negotiations that JR may pursue, leveraging teams against each other in a bidding war. But once he signs a contract, the Knicks are not given the legal option of matching that contract and forcing him to remain a Knick (even if the Knicks have the financial wherewithal to do so via the Early Bird Rights exception). He's an unrestricted free agent, which is a separate status from Bird rights.
Restricted/Unrestricted status determines whether a team is allowed to legally match any signed contract and force him to remain on the team. Full or Early Bird Rights determine the extent of the monetary salary exception you can use to go over the salary cap to do so (whether in matching, or in an independent offering), but it does not offer the legal right to match a signed contract and force him to remain.
Knicks have JR's Early Bird Rights, but do not have him under Restricted status.
There is no offer sheet to match. He's not a Restricted free agent, and thus will not present any offer sheet to the Knicks after reaching a contract agreement with another team.
