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And they both asked about LBJ staying after the season, they wanted to see it on paper from what I gather?
The problem with that, and I'm sure it's been explained to LeBron, is that it would unnecessarily eat up cap space we could otherwise set aside for another star. By having him sign next summer (2010), we could actually manipulate the cap.
While a cap hold kicks in for LeBron during the 2010 FA period, it wouldn't be as much as the max salary he would command in an extension. His cap hold would be a hair over his 2009 salary of 17 million but a max deal would be closer to 23.
As much as it might help to have him inked (with 2009 free agents), we absolutely need to keep that 6 million free for 2010 and I'm sure LeBron and co. knows it. We're trying to reel in a whale (Bosh, Wade, etc.) not a guppie (Ariza). 
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That's a good point Nas. I think the figure is current salary + 10%, so that's around 4.3 million extra that we can use if we sign Lebron later. Still ... that's going to be SCARY, because you know we'll have to wait around a few weeks to get the other guys signed before we can extend Lebron, and all the talking heads at EasternSeaboardPN are going to be saying how Lebron isn't extending right away because he's considering going to NY. 
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I can't wait to see the ESPN dolts trying to cover their arses when LeBron resigns with us. It makes me wonder what other BS they will try to come up with next.
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espn is reporting that lebron is denying saying anything to ariza...
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Well, it will be scary but we should know right away IMO.
Honestly, some of these guys are gonna have max deals on the table at the stroke of midnight. Within 24-48 hours the Cavs will probably know whether or not LeBron is resigning (and so will all the fans).
It shouldn't take long for guys like Wade, Bosh, etc. to know where they are going (if they're going to leave their team). Especially when you consider every team is going to be offering the same max deal. When the money is right, it's up to the player to choose where he wants to go, that's why it's a really unique situation.
Typically there's negotiating involved but in 2010 it's going to be a "pick where you want to play because the money is the same" kind of deal. Rarely is there a scenario such as that in free agency and it should be an absolute circus.
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espn is reporting that lebron is denying saying anything to ariza...
To be more specific ... "SOURCES close to Lebron who have spoken to Lebron .... say that's not true" 
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i could see the suits over at bspn putting a knife to broussard's throat saying "GO ON THE AIR AND DENY IT, NOW!"
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I'm really indifferent on the whole "will he stay or go" debate. RIght now, I'm not sure it matters. If we couldn't get past Orlando with the team we had this year....what are our chances in the future?
We had home court throughout, the best team, a great bench, the MVP, the coach of the year.....it was supposed to be a made-for-Hollywood story. And we even had people grumbling about the NBA putting the fix in to get Lebron and Kobe in the Finals together. Then BAM...we lose Game 1 and never recover.
Sorry, just a pessimistic Cleveland fan talking here.
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Well some more bad news for the Cavs ... looks like our assistant coach Kuester is going to get the head coaching job for the Pistons. There goes the offense.
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That's a good point Nas. I think the figure is current salary + 10%, so that's around 4.3 million extra that we can use if we sign Lebron later.
Still ... that's going to be SCARY, because you know we'll have to wait around a few weeks to get the other guys signed before we can extend Lebron, and all the talking heads at EasternSeaboardPN are going to be saying how Lebron isn't extending right away because he's considering going to NY.
it'll be 130% present salary for LeBron as a cap-hold.
#gmstrong
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okay, where is that link to all the NBA salary cap rules. I suppose I'll study up so we have at least one full-on expert on board 
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i think hoopsype may have something.
the realcavsfans board also may have some people in the know. the nba structure is so complicated. but hey, at least it's fair. i wish baseball were run like it.
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Don't waste a wish on that. Wish us a Cleveland sports title in the next year. 
“...Iguodala to Curry, back to Iguodala, up for the layup! Oh! Blocked by James! LeBron James with the rejection!”
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Don't waste a wish on that. Wish us a Cleveland sports title in the next year.
or i could wish for more wishes. then i could have the browns win one too.
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There's so many numbers out there (in regards to cap holds. Some say 110%, someone on here said 130% and another online said 150%?) I have no idea which it is as the NBA salary cap has a bunch of odd language / rules and not a lot of useful documentation.
BUT....another way the Cavs can manipulate the cap is to have LeBron pick up his player option next summer for 17 million for 2010-2011 and then sign an extension after the 2010 free agency period. I'm pretty sure the Cavs could swing that but who knows, there may be rules in place to prevent such a move..... I don't see why there would be but you never know.
Now, LeBron would have to swallow 5-6 million, over the life of his contract, in such a scenario but maybe he would be willing to do it so he could get another star player alongside him?
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i think he would. because being a dynasty has proven that you could become huge, see michael jordan.
here's the other thing, what if lebron decides not to opt out? not exactly a likely thing to happen, but what if this craziness goes on for another year?
with everything about lebron telling people and now claiming not to have talked, there will be a point where lebron is gonna have to say, hey, i want to stay, or no, i wanna go. because that will hinge any big time free agents next year.
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Here's the link to the salary cap rules: http://members.cox.net/lmcoon/salarycap.htmthe important answer is under #30....and I misread it before. It is 150% as LeBron will be a full Bird-exception.
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I love Lebron but I don't like how he is playing his fans by not saying anything. At least come out do what D-Wade did. This is really starting to get on my damn nerves 
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I love Lebron but I don't like how he is playing his fans by not saying anything. At least come out do what D-Wade did. This is really starting to get on my damn nerves
LeBron has said the same types of things that Wade has...he has said he loves it here, he has said he wants to win championships here...he just leaves that door slightly ajar (like Wade) just in case he does end up deciding to leave.
the only difference is ESPN keeps hammering it in people's heads that LeBron is going to leave while not mentioning similar things about Wade....
like Chicago will have gobs of cap $$$ next summer, Chicago has a lot more young talent than Miami (or NY, etc), Chicago is a big city, Chicago has Derrick Rose
oh, and did we mention that Chicago is Wade's hometown team?
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Don't waste a wish on that. Wish us a Cleveland sports title in the next year.
That sounds like more of a wasted wish 
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Quote:
Quote:
I love Lebron but I don't like how he is playing his fans by not saying anything. At least come out do what D-Wade did. This is really starting to get on my damn nerves
LeBron has said the same types of things that Wade has...he has said he loves it here, he has said he wants to win championships here...he just leaves that door slightly ajar (like Wade) just in case he does end up deciding to leave.
the only difference is ESPN keeps hammering it in people's heads that LeBron is going to leave while not mentioning similar things about Wade....
like Chicago will have gobs of cap $$$ next summer, Chicago has a lot more young talent than Miami (or NY, etc), Chicago is a big city, Chicago has Derrick Rose
oh, and did we mention that Chicago is Wade's hometown team?
like i have said many times. espn wants lebron out of cleveland more than there is a chance of lebron leaving cleveland.
it boils down to one thing, really... sunday time slots..
sunday slots on television are gold, people are not working, they are also not out doing things because the weekend is winding down. the nfl kills it during the year, they own ratings, but what happens when the nfl season ends? abc starts broadcasting games on sunday afternoons.
who plays a lot of sunday afternoon games? lebron and the cavs. and the ratings are good, lbj is popular, but if you got the entire market of new york on the lebron train, the ratings would skyrocket and so would the money going to abc/espn
that's why they keep pushing him out of town.
lebron can probably make a little bit more money in nyc, but i don't think it is as much as people want to think. and that doesn't even factor in that the cavs can pay more.
playing in a big market isn't what it used to be. just take a look at brett favre and peyton manning, 2 of the biggest marketing icons in the nfl, both of whom play in indianapolis and green freaking bay.
if it were true that you NEED to be in a big market, kobe bryant and dwayne wade would be hammering lebron in endorsement money, instead, it's the opposite.
that's why i think it boils down to the cavs and where they are. and as of right now, they are fine. i think the shaq deal really helps, because it's a famous face, and it doesn't hurt their future.
and i think shaq is gonna have a really good year, some people are trying to say oh, lebron is gonna leave because he'll realize shaq isn't the shaq of old.
but shaq has said he wants to play a few more seasons. well his contract runs out after this season, so he's playing in a contract year, he's going to be motivated, if seeing dwight howard and kobe bryant get to the finals wasn't enough. it was a great move.
i still think we need another guy though. our depth worries me. we could use another guy in the front and backcourt.
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okay, where is that link to all the NBA salary cap rules. I suppose I'll study up so we have at least one full-on expert on board
http://members.cox.net/lmcoon/salarycap.htm
I'm a longtime member at RCF as well - get most of my info there.
EDIT: Oops - no_logo beat me to the link. I should have read down before quoting you EXCL.
Last edited by chicagodawgfan; 07/07/09 05:50 PM.
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Well some more bad news for the Cavs ... looks like our assistant coach Kuester is going to get the head coaching job for the Pistons. There goes the offense.
Wow... ESPN just said Lebron may go to Detroit because Kuester is going to be the coach there...
Joe Thomas made Justin Timberlake change his name. He didn't want wusses to have the same initials...
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Well some more bad news for the Cavs ... looks like our assistant coach Kuester is going to get the head coaching job for the Pistons. There goes the offense.
Wow... ESPN just said Lebron may go to Detroit because Kuester is going to be the coach there...
Funny, now it has nothing to do with endorsements but he will leave to follow an unproven head coach..
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If lebron resigns with us do you think ESPN will let anyone know?  ESPN would have a huge egg on their face. However they will probabally try to make BS rumours saying he wants out of Cleveland or something else.
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huge breaking news.....LeBron was spotted eating falafel today.
obviously, this means he plans on joining Panathinaikos next summer.
#gmstrong
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$50 million? holy cow....that would definitely put a crimp in a lot of FA's plans....I mean the LeBron/Wade/Bosh guys will still get paid, but there won't be much cash leftover for the little guys. BW is a smart man projecting that LeBron will opt-in next summer and hope for a better cap the next year (as the cap does affect his max-contract) http://sports.espn.go.com/nba/news/story?id=4312837The NBA's ballyhooed free-agent summer of 2010 might have quietly taken another hit late Tuesday night. In a memo announcing next season's salary cap and luxury-tax threshold, sent out shortly before the league's annual July moratorium on signings and trades was lifted at 12:01 a.m. Wednesday, NBA teams also received tentative projections from the league warning that the cap is estimated to drop to somewhere between $50.4 million and $53.6 million for the 2010-11 season. The official league memorandum, obtained by ESPN.com, forecasts a dip in basketball-related income in the 2009-10 season of 2.5 percent to 5 percent, which threatens to take the 2010-11 cap down some $5 million to $8 million from last season's $58.7 million salary cap. A significant drop for the luxury-tax threshold is also projected going into the summer of 2010. If basketball-related income drops by 2.5 percent in 2009-10, league officials are projecting a 2010-11 salary cap of $53.6 million and a luxury-tax line of $65 million. If BRI, as it is referred to in the NBA, decreases by five percent, teams would be looking at a $50.4 million salary cap and a luxury-tax line of $61.2 million in 2010-11.
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This only increases the chances of LeBron inking an extension.
Why?
Well (1) a max player is what, 30% of the salary cap? LeBron stands to lose a lot of money if he waits to ink a deal in 2010 when the cap may drop anywhere from 10-16%.
and (2), it means other teams won't be able to offer max deals to two players. An in-tact team (such as the Cavs) becomes that much more attractive to LeBron if he wants to win titles. It's much harder to build a contending team when there's less money to go around.
Pretty big break for the Cavs.....as long as revenues stay strong for the franchise (which they should).
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I think he is more likely to go and just opt-in next summer, then take his chances that...
A. The cap goes up after next summer
B. The new CBA increases the max salary
Now, if his camp feels that either of those is unlikely, yeah, he could sign an extension now. But, he would be a week late in agreeing to one (since that would have been a helpful tool in woo-ing FAs to Cleveland)
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Either Way Labron is gonna be stinking rich, he will make more money in one hour if intrest than some of us make all year working 5 days a week 40 hours a week, so I'm all for him getting as much as he can, but will not feel sorry if he dosent.
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Either Way Labron is gonna be stinking rich, he will make more money in one hour if intrest than some of us make all year working 5 days a week 40 hours a week, so I'm all for him getting as much as he can, but will not feel sorry if he dosent.
I don't think any of us truly care if LeBron makes the "smart" money decision that takes him from #3 most profitable athlete to the top2 (I don't see him overtaking Tiger).
We're just trying to read the tea leaves as to when he might extend his stay in Cleveland.
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If I were a pro athlete in the position Lebron finds himself in ....... and I'm not ..... but .....
If I was already bringing in many times the maximum I could make in the NBA via endorcements .... commercials ....... various business interests .... etc. ...... and I really, really wanted to win multiple NBA championships ..... I'd redo my deal for a mid level pricetag, and use the extra to bring in the best possible teammates. Imagine a team with Lebron and let's say Wade and Bosh. Whoa! Can't happen if everyone wants the max .... but could happen if the big dog decides that a championship or 3 or 4 is worth more than the relatively small amount (in the overall scheme of his financial picture) his NBA contract pays him.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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If I were a pro athlete in the position Lebron finds himself in ....... and I'm not ..... but .....
If I was already bringing in many times the maximum I could make in the NBA via endorcements .... commercials ....... various business interests .... etc. ...... and I really, really wanted to win multiple NBA championships ..... I'd redo my deal for a mid level pricetag, and use the extra to bring in the best possible teammates. Imagine a team with Lebron and let's say Wade and Bosh. Whoa! Can't happen if everyone wants the max .... but could happen if the big dog decides that a championship or 3 or 4 is worth more than the relatively small amount (in the overall scheme of his financial picture) his NBA contract pays him.
Unfortunately, that is just not true, their NBA salary makes up a huge portion of their earnings.
LeBron made $28mil last year in endorsements and $14mil from his NBA contract. Even that is 33% of his overall salary coming from the NBA.
http://sportsillustrated.cnn.com/more/specials/fortunate50/2009/
Now, with endorsement dollars shrinking due to the economy and LeBron due for a pay raise over $20mil/year, he will be closer to 50% of the money he brings in coming from his NBA salary after next season.
I understand we are talking huge amounts of money and why would anyone "need" so much, but LeBron has stated from the beginning that he is a businessman first and foremost and has always at least tried to make the financially prudent choices. There is no way he would take $15mil less per year even if it guaranteed the Cavs signing Wade and Bosh.
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Imagine how much more a 3 or 4 time NBA champion would make in endorsements.
Imagine how his image would grow even more ......
If it were me ... and I was in that exact same situation .. that's what I'd do.I'd go for multiple gold rings ......
Michael Jordan would have been a star ..... but I believe that he wouldn't still be "Michael" today if it weren't for his multiple championships.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
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LeBron made $28mil in endorsements....almost double of ANY other NBA player. I doubt he'd make all that much more especially when he would have to share his championship glory/$$ with 2 star players.
here's the rub....if LeBron can win a championship WITHOUT those other star players, he cements his legacy even more than winning championships with them. and he gets to reap all the glory that comes with it. that is his highest ceiling for his legacy.
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Man you know you have a long way to go until football season when you're talking about the NBA salary cap for 3 pages...
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"The medium for the bad news was ESPN, which figured. The network represents much of what is loud, obnoxious and empty in sports today."
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Parker is a nice upgrade. He's essentially Wally Szerbiak with some defense and a little more athleticism. He's also a cheerleader / high energy type, which never hurts.
He should be plug and play with Shaq and LeBron. He's going to get a ton of wide open looks, which is never a bad thing when you've got a 41.5% career 3PT shooter coming off the bench.
It's not a signing that will blow anyone away but he'll be a solid vet off the bench and should give us some quality minutes.
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