Pelicans & Asik are talking new deal (deal is done-- 5/60)

[GuardianAngel25]

So wait how is it only guaranteed $45m? Is it a 4 year deal with a team option or something?

[AUSSIE_PELICAN]

Damn! A couple seasons back, I would of been all good with this move. BUT the way he's looked in a Pelicans uniform thus far makes me worry a bit. I was hoping for something like 4 years at 40 million, but guess that was out of the question. I just wish we could of waited to see what some of the other big men got paid first. But whose to say that may have made it worse, lol. At 12 per, I wish we would of at least seen what Monroe would of wanted. Don't think he and AD play all that great together. Would of loved to see what a legitimate low post scorer would looked like next to AD. But oh well!

So your worried about an extra 1M a year?

[AUSSIE_PELICAN]

So wait how is it only guaranteed $45m? Is it a 4 year deal with a team option or something?

Basically 11 per year. 4/44 with 5th year to.

[ohnosono]

MM gives it a C- on Twitter

gotta give him respect as he's been the sole defender of Asik on this forum. I'm just gonna go with the overly optimistic route as long as the pells perform like a top 6 team in the west.

[GuardianAngel25]

Basically 11 per year. 4/44 with 5th year to.

So is the 5th year a team option? Is the 5th year $16m and all the guaranteed years $11m?

[cmariaou]

Oh ok. So basically neither of us has any idea how it will play out until the new CBA is signed.

Remember the NBA asked the Players Association about smoothing out this spike and they said no. I see absolutely zero guarantee they will smooth out the next.

The smooth out is not what I'm referring to, that was something the NBA wanted so that they could reduce the risk of owners reenacting 2005-2008. That was when the cap rose and then teams spent way too much money, so that when the cap began to level out the spending exceeded the cap growth and eceryone had crazy albatross contracts (this caused the amnesty clause in the 2011 Cba).

What I am referring to is that the league is required to pay something like 53 percent of the total revenue to players. If they fail to do so in a given season the difference is added to the salary cap of the following year. last year the NBA owed the players 50 mill or so. After next year the cap will jump so much the NBA anticipates they will miss this mark by close to 450 MILL. That means the following year (2017) when the cap raises only about 5 mill in actual money, the NBA will have to add 15 mill to inflate the 2017 cap. That sounds great for players at first, but the following years the cap is projected to go down by several million once the spending catches up.

The cap going down at any time is good for the owners bad for the players. This is why the players will likely push to have the unpaid funds allocated out over several years to allow the cap to grow consistently. And the league will likely want this so that it avoids the mid 2000's again like a said earlier.

I am not trying to correct you, and I don't know this with any certainty, but financially this is one of the main reasons both the league and the union want to return to arbitration in 2017 even though they can opt not to. And besides they are 100% going to return to arbitration, and anytime there's arbitration the cap the following year or two is going to be different than projected because they always review the way the cap Is calculated in an arbitration period. Money is the main reason for any arbitration

[Mythrol]

So is the 5th year a team option? Is the 5th year $16m and all the guaranteed years $11m?

No. Odds are its 7.5% raises each year. Meaning it starts at 10m this year and increases from there. Last year is just under 14m and fully un guaranteed.

[Mythrol]

The smooth out is not what I'm referring to, that was something the NBA wanted so that they could reduce the risk of owners reenacting 2005-2008. That was when the cap rose and then teams spent way too much money, so that when the cap began to level out the spending exceeded the cap growth and eceryone had crazy albatross contracts (this caused the amnesty clause in the 2011 Cba).

What I am referring to is that the league is required to pay something like 53 percent of the total revenue to players. If they fail to do so in a given season the difference is added to the salary cap of the following year. last year the NBA owed the players 50 mill or so. After next year the cap will jump so much the NBA anticipates they will miss this mark by close to 450 MILL. That means the following year (2017) when the cap raises only about 5 mill in actual money, the NBA will have to add 15 mill to inflate the 2017 cap. That sounds great for players at first, but the following years the cap is projected to go down by several million once the spending catches up.

The cap going down at any time is good for the owners bad for the players. This is why the players will likely push to have the unpaid funds allocated out over several years to allow the cap to grow consistently. And the league will likely want this so that it avoids the mid 2000's again like a said earlier.

I am not trying to correct you, and I don't know this with any certainty, but financially this is one of the main reasons both the league and the union want to return to arbitration in 2017 even though they can opt not to. And besides they are 100% going to return to arbitration, and anytime there's arbitration the cap the following year or two is going to be different than projected because they always review the way the cap Is calculated in an arbitration period. Money is the main reason for any arbitration

No worries thanks for going into more deals explaining what you were saying. As it stands I suppose we have to wait and see what happens at the next arbitration.

[GuardianAngel25]

No. Odds are its 7.5% raises each year. Meaning it starts at 10m this year and increases from there. Last year is just under 14m and fully un guaranteed.

Ok got ya. Is the last year a team option though? What is the 5th year to make it not guaranteed?

[cmariaou]

Oh ok. So basically neither of us has any idea how it will play out until the new CBA is signed.

Remember the NBA asked the Players Association about smoothing out this spike and they said no. I see absolutely zero guarantee they will smooth out the next.

Readhttp://http://heathoops.com/2015/04/...ance-to-teams/

This will explain much better than I just did. The very bottom he gives a prediction of the 2017 cap that seams a little small but he may have had more accurate numbers than what I found.

[MichaelMcNamara]

Talked to Pelicans source who said a big part of their demands was that 5th year unguaranteed. Think they could use it as a big trade chip that summer or maybe even the year before.

Something to consider.

I still don't love it. Not the worst deal ever, and yes I get all the cap percentage stuff (I bring it up all the time). But I still think it is too many years. One year less and I am fine.

C- isn't the end of the world, especially when the AD deal is an A+

BTW - expect Cunningham back and maybe a cheap wing or two. Don't hold your breath for a bigger signing than that moving forward. As I said before - Running it back

[Mythrol]

Ok got ya. Is the last year a team option though? What is the 5th year to make it not guaranteed?

Sorry. Yes I could have explained that. The 5th year appears to be a team option.

As far as what makes it not guaranteed. . . They negotiated the terms. Said hey we will give you 44m/4yrs and have a team option to pick up your contract for a 5th year.

I know it looks like 11m/yr but in actuality (went back and checked the numbers) it's more like this:

@MasonGinsberg: New stab at Asik deal using 5/58:

2015-16: $10,000,000
2016-17: $10,750,000
2017-18: $11,500,000
2018-19: $12,250,000
2019-20: $13,000,000

Keep in mind we don't have exact, full details and what's why some of our numbers might be slightly off. But the basic idea is that At least the final year is fully un guaranteed.

[N.O.Bronco]

Reading MM on twitter I think I agree with him here. I think we overpaid. I really don't like the price and what it will mean for next year. Nor the 4 years.

I was happy we were taking the lead to resign him but that was when I thought we would slightly lowball him and maybe get him at a discount rate. 10mil for 3 years or something. Maybe with escalating salary.

[Mythrol]

Readhttp://http://heathoops.com/2015/04/...ance-to-teams/

This will explain much better than I just did. The very bottom he gives a prediction of the 2017 cap that seams a little small but he may have had more accurate numbers than what I found.

I always like this kind of reading. Thanks!

[AUSSIE_PELICAN]

Talked to Pelicans source who said a big part of their demands was that 5th year unguaranteed. Think they could use it as a big trade chip that summer or maybe even the year before.

Something to consider.

I still don't love it. Not the worst deal ever, and yes I get all the cap percentage stuff (I bring it up all the time). But I still think it is too many years. One year less and I am fine.

C- isn't the end of the world, especially when the AD deal is an A+

BTW - expect Cunningham back and maybe a cheap wing or two. Don't hold your breath for a bigger signing than that moving forward. As I said before - Running it back

What happens with Cole?
Do we offer a larger contract or does the QO remain?

[MichaelMcNamara]

What happens with Cole?
Do we offer a larger contract or does the QO remain?

As of now, the expectation is for him to sign the QO.

Jrue, Reke, QPon, AD, Ajinca, and Asik would be under contract for 2016. Can make a major move at deadline or jump into FA next summer. Would just need to shed 5 mil or so to make a max offer to a veteran. Like I said in my Durant piece, Tyreke is the obvious candidate and you could actually get something for him too.

[GuardianAngel25]

Sorry. Yes I could have explained that. The 5th year appears to be a team option.

As far as what makes it not guaranteed. . . They negotiated the terms. Said hey we will give you 44m/4yrs and have a team option to pick up your contract for a 5th year.

I know it looks like 11m/yr but in actuality (went back and checked the numbers) it's more like this:

@MasonGinsberg: New stab at Asik deal using 5/58:

2015-16: $10,000,000
2016-17: $10,750,000
2017-18: $11,500,000
2018-19: $12,250,000
2019-20: $13,000,000

Keep in mind we don't have exact, full details and what's why some of our numbers might be slightly off. But the basic idea is that At least the final year is fully un guaranteed.

Alright awesome thanks! That is about as good as it can be explained haha. I think that's actually a very good contract and very trade able even during next season if something pops up out there and don't like what they have or as part of a bigger deal sometime in the future.

[N.O.Bronco]

Sorry. Yes I could have explained that. The 5th year appears to be a team option.

As far as what makes it not guaranteed. . . They negotiated the terms. Said hey we will give you 44m/4yrs and have a team option to pick up your contract for a 5th year.

I know it looks like 11m/yr but in actuality (went back and checked the numbers) it's more like this:

@MasonGinsberg: New stab at Asik deal using 5/58:

2015-16: $10,000,000
2016-17: $10,750,000
2017-18: $11,500,000
2018-19: $12,250,000
2019-20: $13,000,000

Keep in mind we don't have exact, full details and what's why some of our numbers might be slightly off. But the basic idea is that At least the final year is fully un guaranteed.

That honestly would be more palatable.

[redrum]

Talked to Pelicans source who said a big part of their demands was that 5th year unguaranteed. Think they could use it as a big trade chip that summer or maybe even the year before.

Something to consider.

I still don't love it. Not the worst deal ever, and yes I get all the cap percentage stuff (I bring it up all the time). But I still think it is too many years. One year less and I am fine.

C- isn't the end of the world, especially when the AD deal is an A+

BTW - expect Cunningham back and maybe a cheap wing or two. Don't hold your breath for a bigger signing than that moving forward. As I said before - Running it back

Rotoworld had the Pelicans interested in Richard Jefferson, that kind of wing?


The Mavericks and Pelicans are interested in unrestricted free agent Richard Jefferson.
The Mavs reportedly want to keep Jefferson and it would likely be for the minimum, which would help their cap situation.
Source: Chris Mannix on Twitter Jul 1 -

[MichaelMcNamara]

Rotoworld had the Pelicans interested in Richard Jefferson, that kind of wing?

Yes. Cheap, 1 yr type guys who provide depth.

Top 10 from last years rotation should all be back. Not much playing time available when healthy for anyone else.

[pawel]

firstly I was terrified
secondly I heard about NG 5th year
thirdly I liked increasing amount (in addition to increasing cap)

everybody are overpaid. our MLE and BA candidates (MM's piece) are getting 6-8 mln (Wright is an exception). So Asik is also. if he fits in the style of Gentry and stay healthy it might not be a bad deal


I am curious who will be next - Cole or Dante. Cole is RFA, so probably Dell will wait. So I agree with MM - next one is Dante.
I like the Jefferson rumour. 1 year BAE. Than shed the MLE for Dante and f.e. Anderson and Barbosa and I am fine.

With such a speed there will be only minimum players available by July 9th...

[RUFshreve]

Talked to Pelicans source who said a big part of their demands was that 5th year unguaranteed. Think they could use it as a big trade chip that summer or maybe even the year before.

Something to consider.

I still don't love it. Not the worst deal ever, and yes I get all the cap percentage stuff (I bring it up all the time). But I still think it is too many years. One year less and I am fine.

C- isn't the end of the world, especially when the AD deal is an A+

BTW - expect Cunningham back and maybe a cheap wing or two. Don't hold your breath for a bigger signing than that moving forward. As I said before - Running it back

So are you saying DC for the BAE and a wing or two with the MLE?

[MichaelMcNamara]

So are you saying DC for the BAE and a wing or two with the MLE?

I think DC gets part of the MLE. A wing or two with the other part or the BAE and/or minimum contracts

[moon54]

I love Omer a lot , he did a good job for us , I want to see him in our roster , but at the same time , I need to be fair . This is a horrible deal if he doesn't develop his finishes around the rim which I don't think it will be the case . 5th year is a TO which won't be opt in that's for sure , even that 4th year is a mistake . I'm not concerned about the money but the lenght . We're gonna have a second andris biedrins case in Nola .

It's very risky to give eastern european players huge long contracts . After getting their big paychecks , they don't practice/work/hustle and play hustle . They get injured a lot . We have plenty of examples . Only a few maintainted their playing level .

[Kurgan]

I mean this. Freaking this. I honestly can't believe the Q.Q people are doing over Asik getting 11m/yr.

Only fools thought it would be a 3 yr deal. It was always gonna be 4 and honestly 1m/yr over 10m is not a big deal at all. Look at the other C deals signed today.

Amen to that