sleandres wrote:

sfsfsfgiants wrote:

sleandres wrote:

sfsfsfgiants wrote:

sleandres wrote:Agent Zer0.

Damn. You like Arenas, man? Speak for yourself.

Whats wrong with him

He is a traitor.

So you would have taken the money? The truth is I love him because he hates coach K.

sfsfsfgiants wrote:

sleandres wrote:

sfsfsfgiants wrote:

sleandres wrote:

sfsfsfgiants wrote:

sleandres wrote:Agent Zer0.

Damn. You like Arenas, man? Speak for yourself.

Whats wrong with him

He is a traitor.

So you would have taken the money? The truth is I love him because he hates coach K.

We gave him a chance when nobody else would. He owed us something, and he completely bailed. I understand why he did it, but I dont like it.

Collective Bargaining Agreement wrote:37. What is the "Gilbert Arenas" provision?

With the previous CBA it was sometimes possible to sign restricted free agents to offer sheets their original teams couldn't match. This happened when a player was an Early Bird or Non-Bird free agent (see question number 19) and the team didn't have enough cap room to match a sufficiently large offer. For example, Gilbert Arenas was Golden State's second round draft pick in 2001, and became an Early Bird free agent in 2003. Golden State therefore could only match an offer sheet (or sign Arenas themselves) for up to the average salary (see question number 24), which was about $4.9 million. Washington signed Arenas to an offer sheet with a starting salary of about $8.5 million, which Golden State was powerless to match.

This loophole was addressed in the current CBA (although not closed completely -- see below). Teams are now limited in the salary they can offer in an offer sheet to a restricted free agent with one or two years in the league. The first-year salary in the offer sheet cannot be greater than the average salary (see question number 24). Limiting the first year salary in this way guarantees that the player's original team will be able to match the offer sheet by using the Early Bird exception (if applicable -- see question number 19), or Mid-Level exception (provided they haven't used it already).

The second year salary in such an offer sheet is limited to the standard 8% raise. The third year salary can jump considerably -- it is allowed to be as high as it would have been had the first year salary not been limited by this rule to the average salary. Raises (and decreases) after the third season are limited to 6.9% of the salary in the third season. The offer sheet can only contain the large jump in the third season if it provides the maximum salary allowed in the first two seasons. In addition, the offer must be guaranteed and cannot contain bonuses of any kind.

If the raise in the third season exceeds the standard raise (8% of the salary in the first season of the contract), then they place an additional restriction on the team. In order to determine the size of the offer the team can make, they don't fit just the first year salary under the cap. Instead, they must fit the average salary in the entire contract under the cap. So a team $8 million under the cap is limited to offering a total of $24 million over three years, $32 million over four years, or $40 million over five years. If the offer sheet does not contain a third-season raise larger than 8% of the first-season salary, then they only have to fit the first year salary under the cap.

Putting this all together, if a team is $11 million under the cap, wants to submit a five year offer sheet, and wants to provide a large raise in the third season, they can offer a total of $55 million. If the average salary is $5 million, then the second year salary will be $5.4 million (8% raise). This leaves $44.6 million to be distributed over the final three seasons. With 6.9% raises in years four and five, the entire contract looks like this

sfsfsfgiants wrote:Or you can take the easy way out and blame him.

sleandres wrote:

sfsfsfgiants wrote:Or you can take the easy way out and blame him.

okay, but I hope you wouldn't do the same thing to Baron

sfsfsfgiants wrote:

sleandres wrote:

sfsfsfgiants wrote:Or you can take the easy way out and blame him.

okay, but I hope you wouldn't do the same thing to Baron

But we didnt take Baron in the second round of the draft, and Baron didnt leave us for money... yet.

xbaywarrior wrote:

sfsfsfgiants wrote:

sleandres wrote:

sfsfsfgiants wrote:Or you can take the easy way out and blame him.

okay, but I hope you wouldn't do the same thing to Baron

But we didnt take Baron in the second round of the draft, and Baron didnt leave us for money... yet.

Don't jinx us now. That talk with Jerry West during the offseason may have changed his mind.

sleandres wrote:

sfsfsfgiants wrote:

sleandres wrote:

sfsfsfgiants wrote:

sleandres wrote:Agent Zer0.

Damn. You like Arenas, man? Speak for yourself.

Whats wrong with him

He is a traitor.

So you would have taken the money?