Here are the key areas to Cleveland in point form!
* July 22 is the new date to start signing players instead of July 15. This gives the Cavaliers new management more time to deal with players. Teams can still negotiate with players from July 1.
* Teams must have 14 guarenteed roster spots. This means Cleveland need another 7 players to fulfill this obligation.
* The cap rises to between 47-51 million. That is a rise from 43 million this season. This obviously helps in the signing of the 7 roster spots.
* The waiting period for signing restricted free agents to an offer sheet is now just 7 days, down from 15. This is obviously a boost if we are looking at signing players such as Joe Johnson, Dalembert, Chandler, etc.
* The contract lengths and rises in contract have been lessened. This means it is less inticing for a free agent to sign with another team. Not good if we are targeting Michael Redd for example.
* The rules surrounding trading players have slackened. Contracts need only to be within 125% rather then 110%. This helps any trades we are proposing, particulary as to getting into the draft.
* The NBA is going ahead with its 2nd tier comp. Players in the first 2 seasons may be dropped back to this competition, and be called upon at any time. They will be still paid their normal wages. This would have been ideal for Diop. Players can go straight from high school to join this competition and join the draft the following year to avoid college and make their dollars early. Small though that may be.
* The Gilbert Arenas rule : maybe it should be called the Carlos Boozer rule after the way Boozer, a restricted free agent last season, tempted the Cleveland Cavaliers into let him test the waters and then bolted to the Jazz while the Cavs sat by helplessly.
Currently teams that draft a player in the second round but don't sign him to a three-year contract risk losing the player via free agency if they are not under the cap.
This happened most recently with the Golden State Warriors when Gilbert Arenas got a huge offer from the Washington Wizards after his second season with the Warriors. Because the Warriors were over the cap, they were unable to match the deal.
The new agreement creates an exception for second-round picks. Teams can now match offers to second-round picks as long as the team still owns its mid-level exception. To make this rule work, the new agreement says that any team signing a second rounder to an offer sheet cannot offer more than the mid-level amount in the first year of the contract. However, after the first season of the contract, the player's salary can jump to the maximum allowable for a player with three or more years in the league.
So, to keep Arenas as an example, the Wizards would have been forced to offer Arenas $4.9 million in his first year. As long as the Warriors hadn't already spent their mid-level exception, they could have matched the Wizards offer and kept him under contract.
This shouldn't really effect us, but at least it is a good move by the NBA to keep out the snakes.
* The new CBA also makes two new exceptions to the luxury tax and salary cap, according to Granik.
First, under current rules players who are determined to be "permanently injured" cannot be taken off the books for two years. In the new agreement that number will be reduced to one.
Second, each team will be given a one-time option this summer to waive one player from its roster and receive luxury tax relief. The team will still have to pay the player and his salary will still count against the cap, but the team won't have to pay a luxury tax on his salary. For example, the Knicks' Allan Houston might a candidate to be waived because of this rule.
Again, not really effecting us, but a good move by the NBA.
Thanks to CBBI who come up with a good deal of this info.
* July 22 is the new date to start signing players instead of July 15. This gives the Cavaliers new management more time to deal with players. Teams can still negotiate with players from July 1.
* Teams must have 14 guarenteed roster spots. This means Cleveland need another 7 players to fulfill this obligation.
* The cap rises to between 47-51 million. That is a rise from 43 million this season. This obviously helps in the signing of the 7 roster spots.
* The waiting period for signing restricted free agents to an offer sheet is now just 7 days, down from 15. This is obviously a boost if we are looking at signing players such as Joe Johnson, Dalembert, Chandler, etc.
* The contract lengths and rises in contract have been lessened. This means it is less inticing for a free agent to sign with another team. Not good if we are targeting Michael Redd for example.
* The rules surrounding trading players have slackened. Contracts need only to be within 125% rather then 110%. This helps any trades we are proposing, particulary as to getting into the draft.
* The NBA is going ahead with its 2nd tier comp. Players in the first 2 seasons may be dropped back to this competition, and be called upon at any time. They will be still paid their normal wages. This would have been ideal for Diop. Players can go straight from high school to join this competition and join the draft the following year to avoid college and make their dollars early. Small though that may be.
* The Gilbert Arenas rule : maybe it should be called the Carlos Boozer rule after the way Boozer, a restricted free agent last season, tempted the Cleveland Cavaliers into let him test the waters and then bolted to the Jazz while the Cavs sat by helplessly.
Currently teams that draft a player in the second round but don't sign him to a three-year contract risk losing the player via free agency if they are not under the cap.
This happened most recently with the Golden State Warriors when Gilbert Arenas got a huge offer from the Washington Wizards after his second season with the Warriors. Because the Warriors were over the cap, they were unable to match the deal.
The new agreement creates an exception for second-round picks. Teams can now match offers to second-round picks as long as the team still owns its mid-level exception. To make this rule work, the new agreement says that any team signing a second rounder to an offer sheet cannot offer more than the mid-level amount in the first year of the contract. However, after the first season of the contract, the player's salary can jump to the maximum allowable for a player with three or more years in the league.
So, to keep Arenas as an example, the Wizards would have been forced to offer Arenas $4.9 million in his first year. As long as the Warriors hadn't already spent their mid-level exception, they could have matched the Wizards offer and kept him under contract.
This shouldn't really effect us, but at least it is a good move by the NBA to keep out the snakes.
* The new CBA also makes two new exceptions to the luxury tax and salary cap, according to Granik.
First, under current rules players who are determined to be "permanently injured" cannot be taken off the books for two years. In the new agreement that number will be reduced to one.
Second, each team will be given a one-time option this summer to waive one player from its roster and receive luxury tax relief. The team will still have to pay the player and his salary will still count against the cap, but the team won't have to pay a luxury tax on his salary. For example, the Knicks' Allan Houston might a candidate to be waived because of this rule.
Again, not really effecting us, but a good move by the NBA.
Thanks to CBBI who come up with a good deal of this info.
