Ugh. Well, I guess the Nets will never have cap space and the Russian billionaire can afford to overpay.
That's about $10 million a year too much for my liking, but then again Prokhorov made $10 million while I was typing this post.
So you think Lopez is about a 3 million a year player?
No, I don't. Why do you ask?
Well, the starting amount of the contract is MAX $12,922,194, so we'll have to see what the details of this agreement is.
But for the time being, he'd be making that amount next season.
No, the maximum for a player of his experience is 25% of the cap. Which is 14.5 million this season. And he is eligible for 7.5% annual raises. Which gets him in the 18 million range by the end of the deal.
It's not exactly 25% of the cap, it ends up being lower. And considering that the cap remained unchanged from last year from what I'm seeing, then the maximum salary should be the same I'd say, so: $12,922,194.
I'll have to await the details, and see how the annual raises factor into it.
Woj says it is 5 for 78. And you should also be aware that the first year of the contract is almost always smaller than all future years. It will be bigger in Year 2, 3, 4, and potentially 5.
I don't know how they'll arrive at 78, will have to look on how he gets a bump in that final year.
But for 4 at 58 million is also being discussed. That's a 4th year at 16 million, and ends up being 14.4 a year while the 5 year one puts it in 15.6 million a year.
Regardless, I was poking a bit fun at your 10 million a year too much, it's all good.
I think he's worth the Max at this stage of his career and the current make-up of the Nets. They already got the star players under contract, a good time to solidify your team with a center of this caliber (as much as I don't care for Lopez).
Player worth is always circumstantial, and it's why I don't pay too much attention to it, other than how it applies to that particular team's situation, and in this situation, a max contract for Lopez is the way to go.