whats taking so long to sign him?? a 30th pick deserves so much money set by the collective barganing and nba, just sign him already
As it has been explained a dozen of times already, there's no money set by the CBA... there's only a range. Then you have to include amount of years, team options, etc.
No, that's not exactly true. If a first round draft pick is signed, they all follow the same pattern: guaranteed year, guaranteed year, team option, team option, qualifying offer. Basically after both the team options are gone, either the player has agreed to an extension, and the extension kicks in. If both the team options expire without an extension, the player is a restricted free agent, and can sign anywhere but the original team can match. If the player has no extension and receives no offers he likes or none at all, he must play for the qualifying offer (if the team wants him for that) and then becomes an unrestricted free agent and can sign anywhere. If any of the team options are not picked up, the player becomes a free agent as well.
Examples:
Dwight Howard has signed a HUGE extension, but this year he was only paid 6 million, as this was his 4th year, so it was a team option year at the pre-determined salary for a #1 pick.
Lebron was paid 13 mil in this, his 5th year, since he was signed to an extension before his qualifying offer, but prior to that he was paid around 4-6 mil per year for the first four seasons of his career as his draft position dictated.
Tony Allen is an unrestricted free agent because the celtics decided not to offer him the 2 mil or so qualifying offer.
Patrick O'bryant was an unrestricted free agent because the first 2 guaranteed years of his contract ran out, and Golden State decided not to pick up the team option for 2.5 mil or so.
Anyway, The determined salary slot for Giddens at #30 is very specific. In fact, here it is (
http://www.mynbadraft.com/nba-rookie-salary-scale-2008/101):
Year 1 Guaranteed $797,600
Year 2 Guaranteed $857,400 Year 3 Team Option $917,200
Year 4 Team Option $1,655,550 Year 5 Qualifying Offer $2,483,320The only wiggle room is that a player can be signed for as little as 80% or as much as 120% of the slotted salary; offering 120% is almost considered a given. Considering the amount Giddens is slotted, this wiggle room is pretty insignificant compared to the overall budget, but quite significant to Giddens, so I'd be surprised the C's would use a pick on him then not give him the standard contract.
Also, here's the range we could offer:
Lowest end:
638080
685920733760
13244401986656Highest End:
957120
10288801100640
19866602979984Over the life of the 5 year contract, you're looking at 5.4 mil vs. 8 mil. Not a huge difference over 5 years for an NBA team, but pretty big for a guy like Giddens. Of course only 2 years are guaranteed, so for the team, the difference in guaranteed money is 1.3 mil to 2 mil, and after those 2 years, if he's a bust, no more commitment. So I highly doubt the Celtics are quibbling over 350,000 per year with their 70+ mil budget. I'd guess it was the agent playing games because he also represents posey, but moslty making sure Giddens has a contract before risking injury in camps and practice. Also, as pointed out, not signing him makes it a little easier to trade.
It is true that hypothetically, Giddens could choose not to sign with the Celtics. In this case, he could enter next year's draft but only if he plays no professional ball elsewhere. If he plays pro ball, the C's retain his rights for one full year after he's finished playing. so to re enter the NBA draft Giddens would have to take a full year off without getting paid for basketball. But i don't know if this has happened before with first round picks.
Topic: The get to know J.R. Giddens thread. (Read 54316 times)