Jul 19, 2013, 8:00 AM EDT
NBA teams were operating under uncertainty entering the 2010-11 season. The Collective Bargaining Agreement was scheduled to expire the next summer, and there was no telling what terms the new deal would include.
Teams might have to drastically shed salary to get under a hard cap. Trade exceptions could expire during a lockout. Existing contracts could change.
Besides the usual risks that come with transactions, there were plenty of ways teams’ decisions could backfire simply via the upcoming negotiating process between the owners and players.
But it seemed the Thunder signing Kevin Durant to a five-year, maximum contract extension in 2010 couldn’t go wrong. In his third year, Durant had just made the All-NBA first team, and his future seemed bright. Durant capitalized on that momentum, making another All-NBA first team in 2010-11 as the NBA headed into the lockout.
Durant’s extension didn’t call for a set dollar amount. Rather, it just specified he’d make a maximum salary. That max salary for players like Durant changed dramatically from the previous CBA to current edition thanks to what’s often called the Derrick Rose Rule. Durant, because he had made two All-NBA teams, was eligible for a larger extension than other players coming off their rookie-scale deal.
Suddenly, the Thunder were on the hook for $89,163,134 rather than $74,302,616 for the next five years based on the new rule structure, but still using the current Basketball Related Income split between players owners. The difference: $14,860,519.
Too late to change those outcomes, the Thunder had their protest answered by the NBA.
Zach Lowe of Grantland:
Darnell Mayberry of The Oklahoman:
This sets a dangerous precedent, and frankly, I’m surprised the owners approved it. The Thunder certainly weren’t the only team who made a decision the new CBA adversely affected. When do teams that paid a steeper luxury tax as specified by the new CBA get their handout?
Durant – whose take-home salary won’t be affected by this vote – will also be eligible to make more on his next contract because of this rule. Can Oklahoma City ask for money from the rest of the league then, too?
By not altering the Thunder’s team salary – i.e., not changing their luxury-tax bill – and not reimbursing the full $14,860,519, the other owners didn’t take as large as step as they could have. But they still took a huge leap. Probably too large of one.
Aug 30, 2015, 11:00 AM EDT
First Cam Newton, now Usain Bolt.
Aug 30, 2015, 9:30 AM EDT
He may start at the four for Charlotte this year.
Aug 30, 2015, 8:00 AM EDT
Cherry played for the Spurs’ Summer League team.
Aug 29, 2015, 11:00 PM EDT
Unfortunately, neither of them can defend anyone.
Aug 29, 2015, 9:30 PM EDT
Claver played two-plus seasons with the Blazers.
Aug 29, 2015, 8:00 PM EDT
The block happened in the Seattle Pro-Am game.
Aug 29, 2015, 6:30 PM EDT
All in one 15-minute video.
Aug 29, 2015, 5:00 PM EDT
If he develops a consistent three-point shot, it’s over.
Aug 29, 2015, 3:30 PM EDT
Bargnani is playing for the Italian national team.
Aug 29, 2015, 2:00 PM EDT
Bryant has appeared in every 2K game.
Aug 29, 2015, 12:30 PM EDT
That’s what he does.
Aug 29, 2015, 11:00 AM EDT
Sibert played four years in college.
Aug 29, 2015, 9:30 AM EDT
Owning this may be better than seeing Space Jam 2 with Lebron James, if that project comes together.
Aug 29, 2015, 8:00 AM EDT
He’s a coach, a brother.” — Lakers’ co-owner Jim Buss on Byron Scott
Aug 28, 2015, 11:00 PM EDT
It’s not a coincidence you see stars like Chris Paul, LeBron James, Tim Duncan and Russell Westbrook in a highlight package like this.
Aug 28, 2015, 9:30 PM EDT
Hollins’ likes to slow things down.
Aug 28, 2015, 7:59 PM EDT
It is going to be a rough year in Denver as they give the keys to the offense to a rookie point guard.
Aug 28, 2015, 6:46 PM EDT
I wouldn’t bet on him making the roster.
Aug 28, 2015, 5:44 PM EDT
Will either of them take a discount for security?
Aug 28, 2015, 3:58 PM EDT
Charles Barkley talked about how he never found Dawkins in a bad mood — he was always jovial.
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