If Pierce opts out, is there anything to preclude him from signing a front-loaded contract?
Let's say Paul opts out, and he and the team agree that a four-year contract for a total of $45M is fair and reasonable. Is there anything in the CBA that would prevent that contract from being something like
Year 1: $18M
Year 2: $18M
Year 3: $4.5M
Year 4: $4.5M
Now, the team might not like that, if they're paying the luxury tax right now... but if the goal was to maximize salary cap space for the summer of 2012, could you basically overpay Paul in years 1 and 2 and underpay him in years 3 and 4? Works out to Paul's benefit, as you'd always rather get your money sooner rather than later, it would allow the team to more easily rebuild in the post-KG era, Pierce would get paid a fair and reasonable amount, and he gets to retire a Celtic.
Only downsides I see are the owners likely paying more luxury tax (although still less this coming season than if Paul did not opt out), and Paul would have some $$ at risk should there be a lockout in '11 - '12.
Would a contract like this work? I know there are restrictions on how big raises build into contracts can be; are there restrictions on how big paycuts can be as well?