Are there limitations on how much we can offer him?
5 years and 25% of the salary cap.
Another fabrication.pissed off Millsap
Another fabrication.
Calls for reaction on the decision were not returned from Millsap's two representatives, DeAngelo Simmons and Ara Vartanian, who last week ripped the Jazz for their handling of the matter and suggested their client would much rather play in Portland than remain in Utah.
I thought an extension was limited to 107.5% of his current salary up to the max for his years of service. It can be renegotiated from what I read after the 3rd year. Quotes are from the cbafaq site.5 years and 25% of the salary cap.
Veteran extensions are limited to four seasons, including the seasons remaining on the current contract. Even if the extension is signed in late June, the current season counts as one full season toward the total. For example, a contract with two seasons remaining may be extended for up to two additional seasons. However, an extension signed in conjunction with an Extend-and-Trade transaction (see question number 94) is limited to three seasons, including the seasons remaining on the current contract.
The salary in the first year of a veteran extension may be any amount up to 107.5% of the player's previous salary[SUP]5[/SUP], but no more than the player's maximum salary in that season (i.e., the maximum salary the player can receive if he were to sign a new contract that year as a free agent -- see question numbers 16 and 17).
A contract for four or more seasons can be renegotiated after the third anniversary of its signing, extension, or previous renegotiation (if the previous negotiation increased any season's salary by more than 4.5%). Contracts for fewer than four seasons cannot be renegotiated. A contract cannot be renegotiated between March 1 and June 30 of any year.
Only teams under the cap can renegotiate a contract, and the salary in the then-current season can be increased only to the extent that the team has room under the cap (and cannot increase the player's salary beyond the maximum salary). A renegotiation can only be used to provide a salary increase -- players can't take a "pay cut" in order to create more cap room for the team.
Gobert's raise isn't happening for 2016/17, is it? I thought he was still under his rookie contract. IINM, no one is up for a new contract for next season. Well, besides Booker and the scrubs, For 2017/18, there is Hayward's player's option, QO's to Burke and Gobert and team options for Pleiss, Exum, Lyles and Hood. Those latter three will obviously be picked up.This strategy backfired against Hayward (should have offered the 5 year max) and would be a terrible idea to use on Gobert. Everybody with any sense should realize that Gobert is worth the max. If they lowball him, I'll be very disappointed. Whoever chases him in free agency will almost certainly add poison pill clauses to the contract.
My hope is that the Jazz and Gobert agree to delay the contract situation until the start off free agency like Kawhi Leonard and the Spurs did. LMA wouldn't/couldn't sign with the Spurs if Leonard negotiates his max as soon as he was able to.