I believe Bosh will extend this offseason

Go Back   Raptors Forum | Toronto Raptors Forums & Message Boards > NBA Discussion > Toronto Raptors

View Poll Results: What will Bosh do (revisited)?
Extend his contract this summer 3 11.11%
Extend his contract next summer (before June 30) 15 55.56%
Leave via FA in 2010 4 14.81%
Leave via S&T by the trade deadline 3 11.11%
Get traded in February 2 7.41%
Voters: 27. You may not vote on this poll

Reply
 
LinkBack Thread Tools Display Modes
Old 07-09-2009, 10:19 AM   #1 (permalink)
whatever

Senior Member
 
Join Date: Dec 2007
Location: toronto
Posts: 9,399
Representing:
Default I believe Bosh will extend this offseason

It's time to revisit this matter.
Let's assume that Bryan can use the money we have for 2-3 good pieces, and we end up with a strong starting lineup and a decent bench.

Now, let's look at the numbers, the cap space now is ~58 and there are chances that next season could drop to 50. I just read through the salary cap section concerning extending players, and apparently, if we extend Bosh this summer (it's more than 3 years since he signed the contract in 2006), he will get a maximum starting salary of 17.7 million (110.5% of his last contract year salary). For the first 5 years (of a 6 year contract), he would get 10.5 yearly increases, for a total contract size (over the first 5 years) of 109 million. For sake of comparison, let's forget about the final year (since other teams can only give 5 years).

If he doesn't sign one, and then leaves next summer, he would get a starting salary of 30% of the cap space, which could be as low as 15/yr. For that starting salary, over 5 years he would make only 90 million.

Therefore Bosh will leave about 4 million on the table in his first 5 years, and would lose the guarantee of almost 30 million in his 6th year.

Considering that this team is shaping up to be pretty good, it's unlikely that anywhere he goes would he get much better situation (basketball wise). In my opinion, there a pretty good chance he extends now.

There are two other options (he extends next summer before June 30, or he S&T from us). The problem with S&T is that it would be very hard for us to et anything decent in return to make it worth while. It's possible, but it's a gamble.

In any case, which scenario do you see happening ?
moremilk is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:21 AM   #2 (permalink)
I believe in Masai!

giant steps

 
'trane's Avatar
 
Join Date: Dec 2007
Posts: 16,596
Representing:
Default

he can only sign a 3 year extension this summer, but a 5-6 year next summer. that will be a major factor.
'trane is online now   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:21 AM   #3 (permalink)
a douchebag! Go douchebag power!

Banned
 
Join Date: Apr 2009
Location: Richmond Hill
Posts: 629
Representing:
Default

He will sign for the max next summer
Formless is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:23 AM   #4 (permalink)
the go-to-guy

avatar by F1nir_
 
Mr4thQuarter's Avatar
 
Join Date: Jul 2009
Posts: 1,770
Representing:
Default

I would have voted "Yes, if Toronto reaches the 2nd round of the play-offs and gets beat in 6 - or better" if that was one of the options.
Mr4thQuarter is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:26 AM   #5 (permalink)
is praying Ross makes us forget Drummond so people stop whining

Senior Member
 
jeffb's Avatar
 
Join Date: May 2008
Location: YO MAMMA
Posts: 74,018
Representing:
He'll get the Max next summer, which i think is overpaying for him. IMO having Bargs/Hedo/Calderon now allows BC to S&T Bosh next summer if need be and lose Bosh with alot less stress and he'd get good value if he went down that road.
jeffb is online now   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:27 AM   #6 (permalink)
convinced that Raptors fans are only happy when they're unhappy.

Retired Administrator
 
Dr. J. Naismith's Avatar
 
Join Date: Dec 2007
Location: Almonte
Posts: 10,246
Representing:
Default

Still too premature to say. If he's in it for just the money then his best option would be to remain here or have BC arrange a S&T, but I still think it will depend on how this team plays this season.

Remember, BC also thought last year's team was the best .... on paper that is.
Dr. J. Naismith is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:29 AM   #7 (permalink)
'twas a dream

teenage dirtbag
 
Join Date: Apr 2009
Location: markham ontario canada
Posts: 527
Representing:
Default

anyone think we can get lamar odom with out whole MLE? I know chances are null to 100, but that would make a bad ass team. Cald-turk-odom-bosh-bargn
tommysdu is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:33 AM   #8 (permalink)
the next dictator of MLSE

fresh and clean
 
Windex's Avatar
 
Join Date: Oct 2008
Location: uʍop ɹǝpun
Posts: 22,524
Representing:
Default

Quote:
Originally Posted by 'trane View Post
he can only sign a 3 year extension this summer, but a 5-6 year next summer. that will be a major factor.
I think he can sign a 6 year extension this summer
Bargs just resigned for 5 years and I think he had ine more year on his contract
Windex is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:34 AM   #9 (permalink)
whatever

Senior Member
 
Join Date: Dec 2007
Location: toronto
Posts: 9,399
Representing:
Default

Quote:
Originally Posted by 'trane View Post
he can only sign a 3 year extension this summer, but a 5-6 year next summer. that will be a major factor.
Are you sure? I can't find any reference to this distinction?

In any case, it might not be that bad of an idea to sign a 3 years extension. That way he gives us only a limited vote of confidece, at 28 he will be in his prime, and the cap will recover and his next contract could really be a killer one, starting at 19-20 for 6 years, 150+ million, something like that.
moremilk is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:36 AM   #10 (permalink)
I believe in Masai!

giant steps

 
'trane's Avatar
 
Join Date: Dec 2007
Posts: 16,596
Representing:
Default

Quote:
Originally Posted by Windex View Post
I think he can sign a 6 year extension this summer
Bargs just resigned for 5 years and I think he had ine more year on his contract
bargs was extending his rookie deal, Bosh is in a different situation. only 3 years possible this summer. i don't have time to find a link right now - can anyone else?
'trane is online now   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:36 AM   #11 (permalink)
a dick

Banned
 
Join Date: Jun 2008
Posts: 3,151
Representing:
Default

Its in Bosh's best interest to lock up a contract now. Whether or not he'll do it, who knows? He maintains he is not.
Apollo is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:38 AM   #12 (permalink)
Bmats7
is pounding the rock! (Edit)

Guest
 
Posts: n/a
Representing:
Default

Bosh isn't playing with moon and AP in the starting lineup and an old busted JO.

BC has done an excellent job surrounding this guy with talent. About as much talent as Orlando has last year.

The rest is now on Chris. This year will prove whether he can be the #1 guy on a contender... but i think he'll sign next year.
  Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:44 AM   #13 (permalink)
whatever

Senior Member
 
Join Date: Dec 2007
Location: toronto
Posts: 9,399
Representing:
Default

I second that. Jose, Hedu and Bargnani are an above average supporting castm and fairly similar with what Orlando had last season + we have a chance to a better looking bench. If the cast plays to expections and we don't succeed, it will be on triano, Bosh or both.
moremilk is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:49 AM   #14 (permalink)
I believe in Masai!

giant steps

 
'trane's Avatar
 
Join Date: Dec 2007
Posts: 16,596
Representing:
Default

is bosh's existing contract 3 years or 4? this would be relevant b/c of this:

Quote:
51. Can existing contracts be extended?

Contracts for fewer than four seasons may not be extended. Longer contracts can be extended under certain circumstances:

Type of contract When signed Can be extended
Six or seven seasons Prior to July 1, 2005 Four years after contract signed
Six seasons On or after July 1, 2005 Three years after contract signed
Four or five seasons Any Three years after contract signed
Extended contracts Any Three years after extension signed
Renegotiated contracts* Any Three years after regnegotiation signed
Rookie scale contracts Any From the day following the July moratorium to the October 31 preceding the player's last option season**
* If renegotaiation provided a salary increase greater than 10%.

** Provided the team had previously picked up the option for that season.

Except for extensions of rookie scale contracts (which must be signed by October 31), extensions may be signed up to June 30, the day before the player would have become a free agent.

Rookie scale contracts may be extended for up to five seasons beyond the player's last option season, bringing the total contract length to six seasons. All other extensions are limited to five seasons, including the seasons remaining on the current contract. For example, a contract with two seasons remaining may be extended for up to three additional seasons.

The salary in the first year of an extension to a rookie scale contract may be any amount up to the player's maximum. For all other extensions, the salary in the first year of the extension is limited to 110.5% of the salary in the last year of the existing contract. However, it also can't exceed the maximum salary the player can receive if he were to sign a new contract that year as a free agent (see question numbers 11 and 12).

This poses an interesting problem -- if an extension takes effect three years from now, how do they set the salary if the maximum salary (and therefore the maximum amount for the extension) won't be known for three years? What they do is write the extension to include the maximum 10.5% raise (assuming the team agrees to give the player that much). Then when the extension takes effect and the maximum salary for that season is known, the extension salary is amended if necessary.

An example is in order. Shaquille O'Neal's contract was extended prior to the 2000-01 season. His original contract ran through the 2002-03 season, in which he made $23,571,429.20. The first year of his extension, 2003-04, was originally written for (the then-maximum) 112.5% of this amount, or $26,517,857.85. As a 10+ year veteran, O'Neal's salary couldn't exceed 105% of $23,571,429.20, or the 2003-04 maximum salary for a 10+ year veteran (which turned out to be $15,344,000), whichever is greater. That means O'Neal's 2003-04 salary could not exceed $24,750,000.66 (using 105% of his previous salary, since that was the greater of the two). O'Neal's extension was therefore amended downward to the maximum ($24,750,000.66) once the 2003-04 maximum salary was determined.

Raises in each year of an extension to a rookie scale contract are limited to 10.5% of the salary in the first year of the extension. For all other extensions, raises are limited to 10.5% of the salary in the last year of the existing contract. If the salary in the first year of an extension is amended as described above, then all subsequent years of the extension are also amended to accommodate the maximum raise, if necessary.
and this:

Quote:
52. Can existing contracts be renegotiated?

A contract for four or more seasons can be renegotiated after the third anniversary of its signing, extension, or renegotiation that increased any season's salary by more than 8%. Contracts for fewer than four seasons cannot be renegotiated. A contract cannot be renegotiated between March 1 and June 30 of any year. Only teams under the cap can renegotiate a contract, and the salary in the then-current season can be increased only to the extent that the team has room under the cap. Raises in subsequent years are limited to 10.5% of the salary in the first renegotiated season. The renegotiation may not contain a signing bonus. Contracts cannot be renegotiated downward (players can't take a "pay cut" in order to create salary cap room for the team) or to contain fewer seasons.

Again, a team over the salary cap cannot renegotiate a contract. An interesting case of this was Shawn Kemp with the Sonics. Kemp, who was unhappy with his contract and wanted to renegotiate, could not get a larger contract from the Sonics because they were over the cap. Kemp forced a trade to Cleveland, who was far enough under the cap at the time to give him the large contract he wanted. Kemp's contract was renegotiated soon after the trade.
and this:

Quote:
46. Is there a limit to the length of a contract or the raise a player can receive?

Yes, but it depends on the type of contract:

Type of contract Maximum years Maximum raise Notes
Larry Bird exception 6 10.5% See question number 19
Early Bird exception 5 10.5% See question number 19
First round draft pick 2 plus 2 option years Defined in salary scale See question number 41
Certain restricted free agents 5 Can have a substantial raise in year 3 See question number 37
Extensions 6 (including remaining seasons of current contract) 10.5% of the salary in the last season of the contract being extended. See question number 51
Other 5 8% Some exceptions have a shorter maximum length. See question number 19
Incidentally, raises take effect July 1 of each year.
NBA Salary Cap FAQ
'trane is online now   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 10:52 AM   #15 (permalink)
whatever

Senior Member
 
Join Date: Dec 2007
Location: toronto
Posts: 9,399
Representing:
Default

It's difficult to tell,because technically, Bosh is still on his rookie contract (which was extended) if I'm not mistaken. Does this count as a 7 years contract, or they just take the extension? Also, he might still have a player option of his 4 year if I remember correctly.
moremilk is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 11:06 AM   #16 (permalink)
the next dictator of MLSE

fresh and clean
 
Windex's Avatar
 
Join Date: Oct 2008
Location: uʍop ɹǝpun
Posts: 22,524
Representing:
Default

Bosh signed his extention in '06 I believe
Windex is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 11:27 AM   #17 (permalink)
is dead inside

you ain't bout that life
 
Gurk's Avatar
 
Join Date: Jun 2008
Posts: 21,239
Representing:
Default

With the cap supoosedly going to drop even more, I think he'll re-sign here. I still think that is really matters on how we do this year though. If we reach the second round of the playoffs he'll sign back for sure
Gurk is offline   Boss Key Wife Key Reply With Quote
Old 07-09-2009, 11:41 AM   #18 (permalink)
is pounding the rock!

Junior Member
 
Join Date: May 2009
Posts: 25
Representing:
If you BUILD IT they will come.

Quote:
Originally Posted by 'trane View Post
bargs was extending his rookie deal, Bosh is in a different situation. only 3 years possible this summer. i don't have time to find a link right now - can anyone else?
You're right that Bosh can only extend for 3 years if he signs this summer. He can sign for 5 years if he signs next year with a team other than Toronto and 6 years if he signs with Toronto. I don't think it's in Bosh's best interest to resign this summer. Bosh has stated that he has no intension of signing this summer and a while back when I talked to BC he didn't think Bosh would resign this summer although he said he would offer him an extension as a formality. That being said I really don't think it's a big deal. I understand that fans feel insecure but if the Raptors but together a good team there is a greater chance that Bosh will stay than he will go. Remember just because a player signs doesn't me that he won't demand to be traded because he's unhappy... remember Vince. Bottom line, build a winner and most likely you get to keep your free agents or attract good free agents.
UpStrong is offline   Boss Key Wife Key Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
ESPN Offseason Buzz: Bosh up, Turkoglu Down souternmost raptors fan Toronto Raptors 20 09-13-2009 05:50 PM
Raptors extend a Qualifying offer to Delfino jeffb Toronto Raptors 76 06-19-2009 12:51 PM
Celtics Extend Offer To Corey Maggette Dr. J. Naismith NBA Talk 23 07-06-2008 10:23 PM
In the offseason.... Claudius Toronto Raptors 13 04-23-2008 09:30 AM
Should BC extend Calderon's contract now ? raptor123 Toronto Raptors 7 01-12-2008 01:16 PM


All times are GMT -4. The time now is 10:31 AM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright RaptorsForum.com 2005-2011

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24