Oct 22, 2011, 2:00 PM EDT
One of the things that Adam Silver and Peter Holt said at their press conference Thursday, in-between explaining their completely ridiculous obstinacy regarding the 50/50 split and looking like someone stole their 1992 Alonzo Mourning rookie card (I will never forgive that kid), is that federal mediator George Cohen starts his sessions by getting both sides to state the little things they agree on. It’s a baby-step kind of process. It shows you’re not completely and totally diametrically opposed at this point in the negotiation.
From the New York Times, we’ve learned a little bit about what it is that they’ve agreed upon. They’re things which will have a huge impact on how the league is run, even if both sides consider them microscopic compared to the big issues that lie ahead.
¶ There will be a one-time “amnesty” provision that will allow each team to waive a player (with pay) without his salary counting against the salary cap.
¶ There will be a “stretch” exception, available every year, allowing teams to waive players and stretch out their remaining salary over a number of seasons, thus reducing the annual salary-cap hit.
¶ The midlevel exception will be set around $5 million, a decrease of $800,000, but more than double what the owners were seeking.
The stretch exception is the biggest piece out of that. It means that owners will be able to get out of those terrible contracts that they give out. It also means that you’re going to see players making money from several teams in a season. That happens now, but it will increase. This could really help teams in the rebuilding process. If you’re laden with a huge contract you whiffed on, say… whatever the Blazers do next. The Blazers could then dump the player and stretch out the salary over a longer period of time, freeing them to overpay for someone else in the next free agency. Think of all the players the Blazers can overpay for!
In all seriousness, these measures provide a backbone for what the new league is going to look like. You know, eventually. When we have a season. If ever.
I’m going to go back to crying in this bottle now.
Jul 2, 2015, 6:08 PM EDT
Report: Mavericks and Pacers will discuss Monta Ellis/Roy Hibbert sign-and-trade if Mavs don’t get DeAndre Jordan
Jul 2, 2015, 5:24 PM EDT
The Pacers have been shopping Hibbert for a while.
Jul 2, 2015, 4:38 PM EDT
Aldridge doesn’t want to play center.
Jul 2, 2015, 4:37 PM EDT
It would take an unlikely sign-and-trade to make it happen.
Jul 2, 2015, 4:26 PM EDT
They want to “get it right.”
Jul 2, 2015, 4:25 PM EDT
Also, who got overpaid so far?
Jul 2, 2015, 3:49 PM EDT
Phoenix is clearing cap space to land LaMarcus Aldridge.
Jul 2, 2015, 3:11 PM EDT
Thompson and Cleveland were reportedly nearing $80 million-plus deal yesterday
Jul 2, 2015, 2:49 PM EDT
More writing on the wall of LaMarcus Aldridge’s exit
Jul 2, 2015, 2:06 PM EDT
Now, can the Spurs get LaMarcus Aldridge to complement him?
Jul 2, 2015, 1:45 PM EDT
Baynes will reportedly get three-year deal with player option
Jul 2, 2015, 1:23 PM EDT
Indiana shouldn’t feel good about this, even if it was their best option at this point
Jul 2, 2015, 12:29 PM EDT
Monroe agreed to a three-year max contract with Bucks
Jul 2, 2015, 11:51 AM EDT
Atlanta drafted Tavares in 2014
Jul 2, 2015, 11:16 AM EDT
Good deal for Milwaukee and Monroe
Jul 2, 2015, 11:00 AM EDT
Former Pacers forward said he opted out to win a title
Jul 2, 2015, 10:22 AM EDT
The Kings are going to have to overpay to get players to come to the Kings right now.
Jul 2, 2015, 9:44 AM EDT
Free agents want more than off-the-court opportunities, they want to see a path to winning. Fast.
Jul 2, 2015, 9:06 AM EDT
Kim Hughes: ‘I’m sure he won’t come back’
Jul 2, 2015, 8:34 AM EDT
There are still some very good players on the board
- Report: Dwyane Wade agrees to one-year, $20 million deal to stay with Heat 0
- PBT Podcast: Talking best signings of free agency so far 0
- Report: Pacers agree to four-year, $44 million contract with Monta Ellis 22
- Report: Greg Monroe signing a maximum contract with Bucks 56
- Lakers, Knicks struggle on hectic first day of free agency 63
- Trail Blazers assistant coach: ‘We didn’t publicize it, but we lost LaMarcus Aldridge’ 9
- Who is left on the board after wild first day of NBA free agency? 30
- Report: Warriors, Draymond Green agree to five-year, $85 million deal 20