OT-NBA Free Agency Opening Day

Submitted by Lee Everett on

So far since 12:01AM

Steph Curry agrees to 5 years 201 mill with Warriors.

JJ Redick meeting with 76ers.  #trusttheprocess?

Patty Mills 4/50 to return to Spurs

Jeff Teague 3/57 to head to Minnesota and replace Rubio

Tony Snell 4/46 to return to Milwaukee

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Michigan4Life

July 1st, 2017 at 9:18 AM ^

because that's a super cheap contract for a vet and it's partially guaranteed! 8 mil, 8 mil and 2 mil guaranteed for each year.

IMO, Andre Iguodala will leave GSW and GSW already has a natural replacement in Patrick McCaw. They will lose defense but gain 3 pt shooting.

Michigan4Life

July 1st, 2017 at 3:12 PM ^

but their efficiency and volume is staggering. Helps that you have 3 of the best shooters in the league in Steph, Klay and KD. It's not their offense that helped them win the league, it's also their defense that is underrated. Their ability to switch screen without a problem is a rarity.

DCGrad

July 1st, 2017 at 12:43 AM ^

About curry going the Tom Brady route and taking less money to help keep all the pieces in Oakland to keep winning. I guess that's out the window.

Quailman

July 1st, 2017 at 9:07 AM ^

No, Steph was always taking the super-max. He's been on a super discount for years.

KD is who was talked about taking less to keep pieces there, although that was more some clever cap manipulation of what year to take particular deals to maximize his money and the Warriors' cap.

Michigan4Life

July 1st, 2017 at 9:20 AM ^

Steph was going to rake in a shit ton of money. He was on a rookie deal and his ankle injuries allowed GSW to sign him on a cheap compared to his value. His contract is a big reason why they were able to sign KD last season. NBA fans can't be mad at GSW for drafting great with Curry, Klay and Draymond (all who are top 15-20 players in the league) and they have more than enough cap space to sign KD.

BoFlex

July 1st, 2017 at 12:46 AM ^

Can someone explain to me how Curry's contract is possible? Curry is in his 8th season, and I thought his max contract was closer to $180 million/5-years. Is there an exception in the CBA that allows Curry to make way more than that?

Also, Kevin Durant declined his player-option for the 2017-2018 season. If Durant re-signs with the Warriors for a similar amount that has got to put a dent in GSW's ability to bring back their key bench players (i.e. Iguodala, West)...

The projected salary cap is ~$102 million next season, and about $79 million is committed to 7 players including Curry, Draymond Green and Klay Thompson. If Durant signs on for like $35-40 million a year... They're gonna have to go deep into the luxury tax to fill out the rest of their roster.

nerv

July 1st, 2017 at 2:31 AM ^

It is the supermax contract since he was an all-NBA player. John Wall is about to sign a similar deal, though for 4 years.

From my understanding it was Durant, not Curry, who was being talked about taking less money so they could keep their bench. He is likely to take another 1+1 contact... we'll see just how much he is willing to let go money wise.

Mr. Yost

July 1st, 2017 at 9:00 AM ^

Stauskas not being a good NBA player is bad for Stauskas. Same for Burke.

Look at THJ. He's about to get PAID.

Redick makes a lot of since...pull his fellow Dukie Henderson off the bench and let them split the minutes at the SG spot.

That roster is a playoff team...if, huge if, they stay healthy. With as bad as the East is about to become, they may be a 5-6 type seed. Crazy.

BoFlex

July 1st, 2017 at 1:00 AM ^

Difference between NBA and NFL contracts is widening even further.

The top 5 paid players in the NFL are:

  1. Derek Carr - $25 million/year
  2. Andrew Luck - $24.59 million/year
  3. Carson Palmer - $24.35 million/year 
  4. Drew Brees - $24.25 million/year
  5. Kirk Cousins - $23.94 million/year

Side note: Tom Brady's $20.5 million/year makes him the 14th highest paid QB in the NFL.

In comparison, the top-5 paid in the NBA:

  1. Steph Curry - ~$40 million/year
  2. Blake Griffin - ~$34.6 million/year
  3. Lebron James - $33.28 million/year
  4. Mike Conley Jr. - $28.53 million/year
  5. Russell Westbrook - $28.53 million/year

That's not including John Wall who is reportedly being offered a $170 million/4-year extention by the Wizards.

I understand that the rosters sizes aren't comparable, but the NFL makes almost triple the revenue of the NBA. I would think the NFLPA could have negotiated a better agreement than the one in place.

Mr. Yost

July 1st, 2017 at 9:03 AM ^

Or there are far fewer players and coaches to pay so money goes a lot further.

Your comment is only relevant for the top players in the league (as you said...stars), but it doesn't explain why Tony Snell is getting a huge contract and his equivalent in the NFL is a rookie or 2nd year guy who's never played a snap but stop earns on the rookie wage scale and keeps a team under the cap.

Steeveebr

July 1st, 2017 at 9:32 AM ^

That's really it.  In the NBA the salary cap is roughly 100 Million (can be higher before luxury) split among close to 14 players (avg. 7.14 M).  In the NFL the salary cap is roughly 150-160 Million split amoung roughly 53 players (avg. 3.02 M).  Also NFL teams seem to carry a lot more salary cap hits for players no longer on their roster than they do in the NBA.



 

Steeveebr

July 1st, 2017 at 9:35 AM ^

Both leagues pay the players roughly 58% of all revenue.  Maybe you can make an argument that with so much NFL money, players could get closer to 65 or 70%, but that's a very tough sell.  The two CBAs are basically even in player compensation.  There's just more players required to bring in the revenue in the NFL and if more players are required then the value of each individual player goes down.

Perkis-Size Me

July 1st, 2017 at 7:47 AM ^

I get that guys are worth what the market says they're worth, but at what point does a team say that shelling out $40 million a year to one guy is enough?



At what point does a team say I don't care if you're the best player in the world, you're not getting "x" amount? The amount being shelled out to guys like Steph Curry for one year of work is more than most people will make in 50 lifetimes.



Not trying to be that guy, but I'm wondering when (or perhaps if) the bubble will ever burst and teams will just say that's too much.

Chuck Norris

July 1st, 2017 at 7:56 AM ^

Steph Curry is the reason that Golden State isn't trash. All the revenue that they've made from winning titles, etc. is due to him. The team brings in probably close to a billion dollars a year.

There is no "bubble." In fact, if not for the salary cap, the players would be getting paid even more (look at the MLB).

Mr. Yost

July 1st, 2017 at 9:12 AM ^

Define "worth."

LeBron may get double that on an open market. Who knows. His value to the Cleveland franchise, brand, the CITY, etc. is the reason their comic sans owner could sell his team TODAY for over a BILLION dollars.

80 million is a lot...but compared to 2 billion? And what is that franchise worth with no LeBron? Even if it's 1.5 billion, that's a lot of money, 500Ms. Yeah I'll give you 40 extra million if it saves my value 500.

That's simple math, but it's the logic behind it. Worth is more than win margin. These guys are worth even more than 40M/year.

Steeveebr

July 1st, 2017 at 9:46 AM ^

From a business standpoint it should make more money as well.  Teams that make it to the finals make more money than the rest of the teams.  Teams that have more star power make more money than other teams through TV contracts, advertising, jersey and ticket sales.  Most of those teams that bring in the highest revenue end up near the salary cap anyway so it doesn't matter how it's distributed as long as the results and revenue remains the same.  

 

Golden State Warrior revenue has increased dramatically with Curry on the roster and it's fair to assume that it would decrease dramatically without him.  For an easier example, from a true business standpoint it made sense to pay Jordan whatever it took to keep him because he always made more for you than you were ever allowed to pay him.

 

Also, there is the whole owners want to win thing.

 

 

MGoChippewa

July 1st, 2017 at 8:08 AM ^

is an instantly regrettable deal for the Bucks.

Like the Teague signing for Minnesota. Gives them two or three years to keep grooming Tyus Jones, but also to compete now. It's a short-sighted thought, but if they pick up Millsap too, why can't they be a top four or five team out West? Teague/Wiggins/Butler/Millsap/Towns with Jones, Dieng, Muhammad off the bench. I like it.