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bartelstein playing hardball with aingeI wonder if this is related to the Posey situation. I read somewhere that Bartelstein was ticked off by the offer. So he's out shopping Posey, holding JR back, and telling us that PJ is not coming back. He also represents Cassel. I hope he and Ainge settle their misunderstanding.
A team may sign a player for as little as 80% or as much as 120% of the scale salary figure. For example, the 1st year salary for the #1 overall pick drafted in 2005 can be as little as $2,893,680 or as much as $4,340,520. In most cases, the contract that is actually signed is for the maximum 120% figure. Teams are able to provide this amount using the Rookie exception, even if they are over the salary cap. Annual raises are limited to 8%, and also can't exceed 120% of the scale amount for that season.
44. What if a team likes its first round pick and wants to sign him, but either feels he isn't worth the scale salary or doesn't want to commit to two seasons?They're stuck. In essence, this makes late first round picks less valuable, because it forces teams to make a two-year commitment to a marginal player. It was worse under the previous CBA, when the minimum commitment was three years. In 1996, rather than give their first round pick Travis Knight (29th overall) a three-year deal, the Bulls renounced him, making him a free agent.
By the way, in reference to the range I cited above, Giddens can be signed for any amount between $638,080 and $957,120 in his first year. Thus, we're talking about nearly $319,040, which is doubled under the luxury tax. It's not simply a formality.
In most cases, the contract that is actually signed is for the maximum 120% figure.