Prince contract question

 
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cital
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PostPosted: Thu Jun 06, 2024 7:12 am    Post subject: Prince contract question

Can we extend Prince with an extension moving up from his salary last season, or would it have to be a minimum contract if we don’t use the TMLE on him?
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vasashi17+
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PostPosted: Thu Jun 06, 2024 7:41 am    Post subject:

Only contracts that are currently 3+ years in length can be extension eligible. Seeing how Prince is only on a 1yr BAE deal, we wound not haven’t ability to offer him an extension. His non-bird rights give us the ability to offer him tpMLE type money (5.4m), with the extra bonus that we wouldn’t be using that MLE and therefore wouldn’t be hardcapping ourselves at the 2nd Apron. Although I still anticipate we would use the tpMLE even if we get Prince back on a nonbird re-up. If we look to make any type of trade this year that has the ability to move the needle, aggregation of some sort will come into play and that means that 2nd Apron hardcap almost becomes an inevitability. Might as well use the tpMLE if we looking to get hardcapped at the 2nd Apron with a trade.
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cital
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PostPosted: Thu Jun 06, 2024 9:29 am    Post subject:

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cital
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PostPosted: Thu Jun 06, 2024 9:31 am    Post subject:

vasashi17+ wrote:
Only contracts that are currently 3+ years in length can be extension eligible. Seeing how Prince is only on a 1yr BAE deal, we wound not haven’t ability to offer him an extension. His non-bird rights give us the ability to offer him tpMLE type money (5.4m), with the extra bonus that we wouldn’t be using that MLE and therefore wouldn’t be hardcapping ourselves at the 2nd Apron. Although I still anticipate we would use the tpMLE even if we get Prince back on a nonbird re-up. If we look to make any type of trade this year that has the ability to move the needle, aggregation of some sort will come into play and that means that 2nd Apron hardcap almost becomes an inevitability. Might as well use the tpMLE if we looking to get hardcapped at the 2nd Apron with a trade.


Ok, so how much can we offer Prince without using the TMLE (assuming we want to use that exception on someone else)?
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dcarter4kobe
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PostPosted: Thu Jun 06, 2024 9:35 am    Post subject:

cital wrote:
vasashi17+ wrote:
Only contracts that are currently 3+ years in length can be extension eligible. Seeing how Prince is only on a 1yr BAE deal, we wound not haven’t ability to offer him an extension. His non-bird rights give us the ability to offer him tpMLE type money (5.4m), with the extra bonus that we wouldn’t be using that MLE and therefore wouldn’t be hardcapping ourselves at the 2nd Apron. Although I still anticipate we would use the tpMLE even if we get Prince back on a nonbird re-up. If we look to make any type of trade this year that has the ability to move the needle, aggregation of some sort will come into play and that means that 2nd Apron hardcap almost becomes an inevitability. Might as well use the tpMLE if we looking to get hardcapped at the 2nd Apron with a trade.


Ok, so how much can we offer Prince without using the TMLE (assuming we want to use that exception on someone else)?


5.4M.
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vasashi17+
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PostPosted: Thu Jun 06, 2024 9:47 am    Post subject:

Got the max amounts we can offer to all our potential FAs this summer…and spoiler alert, there wound be no hardcap in play at either Apron if we keep the team as is and reup on nearly everybody.

Quote:
Who are our FAs and what can we offer them outside of potential cap space or salary cap exceptions like the MLEs?

-Our outright pending UFAs are:
•Prince (non-bird rights) - can be offered a starting annual of up to 5.4m (120% raise of previous contract of 4.52m) for up to 4yrs in length

•Dinwiddie (non-bird rights) - can be offered vet minimum exception for up to 2yrs in length that has a cap hit of 2.1m on our books, but the league will give an additional 1.2m (can make a total of 3.3m next season on a vet min exception deal as a 10+yr seasoned player); note if we use his non-bird rights, he would only be able to sign for up to 1.9m (120% of last season salary of 1.55m)

•Giles (two-way player) - can be offered vet minimum exception for up to 2 yrs in length that has a cap hit of 2.1m on our books, but the league will give an addition 200k (can make a total of 2.3m next season on a vet min exception deal as a 6yr seasoned player)

-Our UFAs that come via player option opt out are:
•Bron (full bird rights) - can be offered a starting annual of up to 50m (105% of last season salary of 47.61m) for up to 3yrs in length (due to over-38 rule); note that if Bron elects to opt out of his current contract and workup a new deal, he has the ability to include a NTC that he can wield for the life of the contract as opposed to holding a NTC for essentially his first year on an extension in August

•DLo (full bird rights) - can be offered a starting annual of up to 42.3m (30% max as a 9yr seasoned player) for up to 5yrs in length; note that unlike Bron, DLo cannot be offered an extension due to his current contract being 2 years (1+1) in length (only players on existing 3+yr contracts can be offered an extension); like Bron though, DLo can include a NTC during the entirety of his new deal since he is a 8yr+ seasoned vet and has been a Laker for a minimum of 4yrs during his NBA career

•Cam & Hayes (non-bird rights) - can be offered a starting annual of up to 2.6m (120% raise of previous contract of 2.17m) for up to 4yrs in length

-our RFAs are:
•MaxC (early bird rights) - can either be offered a starting annual of up to ~11m (105% of previous season’s league avg contract) for up to 4yrs in length by us if he decides to bypass free agency completely,
can also be offered a starting annual of up to the 25% max as a 3rd year player (ie 35.25m) for up to 4yrs in length by another team that has enough cap space during free agency - where if we match their offer sheet within 24hrs of MaxC signing it, he would not be allowed to get traded for the remainder of the 2024/25 season to the team whose offer sheet he signed and his starting annual would then be 11m (ie his bird exception and not the ntpMLE amount via the Gilbert Arenas provision) but in year 3 of the deal, it would blimp to a poison pill deal on our books (more on that later),
or can be offered a starting annual of up to 2.3m if he decides to sign his QO to become an UFA the following summer (and as a result, he would have a built in NTC into his deal for the remainder of the 2024/25 season, but if he concedes on a trade, the acquiring team would just get his nonbird rights)

•Castleton & Mayes (two-way players): can be given QOs valued at 1.9m and 2.2m respectively to make them RFAs


Updated 2024 Q&A just dropped here if yall want to #GetFamiliar…

https://www.lakersground.net/viewtopic.php?t=191415&start=425
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PostPosted: Thu Jun 06, 2024 9:47 am    Post subject:

dcarter4kobe wrote:
cital wrote:
vasashi17+ wrote:
Only contracts that are currently 3+ years in length can be extension eligible. Seeing how Prince is only on a 1yr BAE deal, we wound not haven’t ability to offer him an extension. His non-bird rights give us the ability to offer him tpMLE type money (5.4m), with the extra bonus that we wouldn’t be using that MLE and therefore wouldn’t be hardcapping ourselves at the 2nd Apron. Although I still anticipate we would use the tpMLE even if we get Prince back on a nonbird re-up. If we look to make any type of trade this year that has the ability to move the needle, aggregation of some sort will come into play and that means that 2nd Apron hardcap almost becomes an inevitability. Might as well use the tpMLE if we looking to get hardcapped at the 2nd Apron with a trade.


Ok, so how much can we offer Prince without using the TMLE (assuming we want to use that exception on someone else)?


5.4M.


Same for Max Christie…but for either/both to get that…LBJ would have to opt out then resign for ~$10m discount on the total for about $140m over 3 years (~$47m/yr). This hasn’t been completely number crunched for accuracy, but is about ball park estimate for usage of the tpMLE on someone else while bringing back TPrince/MaxC at their max allowable amount.
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JamaalWilkes
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PostPosted: Wed Jul 03, 2024 1:50 pm    Post subject:

Taurean Prince has signed with the Bucks of Milwaukee.
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mhan00
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PostPosted: Wed Jul 03, 2024 6:04 pm    Post subject:

Sucks, but he was the victim of a lack of roster space and salary. Would have been nice to bring him back. He got a lot of hate, but it wasn’t his fault Ham played him like he was a star. In the right role, he was great for us. Wish him the best with the Bucks.
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miggz23
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PostPosted: Wed Jul 03, 2024 6:44 pm    Post subject:

mhan00 wrote:
Sucks, but he was the victim of a lack of roster space and salary. Would have been nice to bring him back. He got a lot of hate, but it wasn’t his fault Ham played him like he was a star. In the right role, he was great for us. Wish him the best with the Bucks.


I think playing time has something to do with it also... Cause he could have waited if he really wanted to stay here for the vet minimum he signed for.

But right now if he stays, he could be eating up some of MaxC/Knecht's playing time.
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PostPosted: Wed Jul 03, 2024 8:25 pm    Post subject:

JamaalWilkes wrote:
Taurean Prince has signed with the Bucks of Milwaukee.


Oh did he? Back with Ham aye? lol

Well good for both of them, I hope they have a good season
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