Author Topic: Brook Lopez to sign 4-year, $61 million contract with Nets  (Read 23530 times)

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Brook Lopez to sign 4-year, $61 million contract with Nets
« on: July 10, 2012, 11:54:49 PM »

Offline BudweiserCeltic

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Adrian Wojnarowski ‏@WojYahooNBA
Y! Sources: As time's running out on a Howard deal for Brooklyn, Brook Lopez nears agreement on max contract with Nets.
« Last Edit: July 11, 2012, 05:53:43 PM by BudweiserCeltic »

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #1 on: July 10, 2012, 11:56:57 PM »

Offline celtsfan84

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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.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #2 on: July 11, 2012, 12:01:41 AM »

Offline action781

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Yesssss, send Dwight out west!
2020 CelticsStrong All-2000s Draft -- Utah Jazz
 
Finals Starters:  Jason Kidd - Reggie Miller - PJ Tucker - Al Horford - Shaq
Bench:  Rajon Rondo - Trae Young - Marcus Smart - Jaylen Brown -  Peja Stojakovic - Jamal Mashburn - Carlos Boozer - Tristan Thompson - Mehmet Okur

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #3 on: July 11, 2012, 12:03:03 AM »

Offline j804

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Yesssss, send Dwight out west!
This doesn't mean they're planning to keep him does it?
"7ft PG. Rondo leaves and GUESS WHAT? We got a BIGGER point guard!"-Tommy on Olynyk


Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #4 on: July 11, 2012, 12:03:11 AM »

Offline Who

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Happy Dwight isn't going to New Jersey.

Takes a lot of pressure off of Danny in filling out that depth at the center position.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #5 on: July 11, 2012, 12:10:57 AM »

Offline Prof. Clutch

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Wow, this has really turned out to be an interesting off-season so far.  A lot of twists and turns already and it's only a little over a week and a half old.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #6 on: July 11, 2012, 12:18:12 AM »

Offline BudweiserCeltic

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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?

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #7 on: July 11, 2012, 12:19:43 AM »

Offline JSD

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Some awfully short sighted comments being made by some distinguished posters in here, though I understand some may have already conceded that the Laker franchise will surpass the Celtic franchise in the title count.

If Howard ends up anywhere but LA, I'm happy.
« Last Edit: July 11, 2012, 12:45:24 AM by JSD »

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #8 on: July 11, 2012, 12:24:08 AM »

Offline celtsfan84

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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?

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #9 on: July 11, 2012, 12:27:13 AM »

Offline BudweiserCeltic

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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.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #10 on: July 11, 2012, 12:39:17 AM »

Offline celtsfan84

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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 5 years for 78 million.  About 16 million per year.  So if he is making 13 on the front end of it, he'll be making 18 or 19 on the back end of it.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #11 on: July 11, 2012, 12:43:59 AM »

Offline BudweiserCeltic

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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.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #12 on: July 11, 2012, 12:45:49 AM »

Offline Brendan

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He's definitely NOT worth a max deal, but what are you gonna do.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #13 on: July 11, 2012, 12:48:04 AM »

Offline celtsfan84

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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.

Regardless, it matters little. The Nets will not be under the cap for a long time anyway.

Re: Brook Lopez close on agreement for a max contract with Nets
« Reply #14 on: July 11, 2012, 12:49:14 AM »

Offline JSD

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Lopez puts up numbers, when healthy, that make the case for someone to argue he is a top 5 center in the league. And if he has a contract that starts off around $13 million, then I would say that's about right. Max smax.