Jazz Should Extend Royce

[Handlogten's Heros]

With the flurry of rookie extensions today I thought this would be a solid stand alone thread. Jazz should extend Royce. There will be an abundance of cap space available this summer and not many free agents to take it. He doesn't get the rookie extension like the guys getting deals now... we can do it in season. Highest we can go is like 4/$48M which is more than enough.

4/$30M seems like it should get the deal done... add some incentives to give it some upside for Royce and limit our exposure. JZ... get er done!

 

[FalseFlagg K]

Put him on a stretching rack and extend him until he’s 6-8.

 

[JFFR]

I trust Zanik will do the right thing.

Royce probably realizes there is money out there to earn. He might not want to extend.


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[Shad]

No way he extends for 4/30. We gave a pile of garbage 3/33

 

[Handlogten's Heros]

No way he extends for 4/30. We gave a pile of garbage 3/33

Dante's contract does not mean we have to give stupid money to everyone. It was also 3 for 28.8M.

People said Dinwiddie would not extend his deal last year... People were wrong. If you have made good money but not family tree altering money in your NBA career and a team presents you with that bag it is hard to turn down. I'd set the over/under at 4/$30M.

 

[str8line]

Put him on a stretching rack and extend him until he’s 6-8.

LOL

 

[infection]

Dante's contract does not mean we have to give stupid money to everyone. It was also 3 for 28.8M.

People said Dinwiddie would not extend his deal last year... People were wrong. If you have made good money but not family tree altering money in your NBA career and a team presents you with that bag it is hard to turn down. I'd set the over/under at 4/$30M.

I think this is a very, very interesting question, though, basketball aside.

Royce is a guy who’s earned a couple million. $30M has you and generations set forever. You could gamble that on health and perhaps nab another $10-15M, but if you sustain a major injury (not all that likely, but always possible... I pay for life insurance to take care of my family in a scenario that I don’t even think is likely to happen) and it’s possible that $30M could drop to $5M, or you could never play again. $30M vs. $45M — is there fundamentally a difference? How big is the difference between those two, rather than the difference between $30M and nothing? There’s just a lot of risk that carries possible catastrophic consequences (using catastrophic liberally here) when the gain is (relatively) so little. Of course an agent may push for risk, because with their interests diversified amongst many clients, they can distribute those risks. The player is like a single stock, themselves, where the agent is a mutual fund.

 

[Handlogten's Heros]

I think this is a very, very interesting question, though, basketball aside.

Royce is a guy who’s earned a couple million. $30M has you and generations set forever. You could gamble that on health and perhaps nab another $10-15M, but if you sustain a major injury (not all that likely, but always possible... I pay for life insurance to take care of my family in a scenario that I don’t even think is likely to happen) and it’s possible that $30M could drop to $5M, or you could never play again. $30M vs. $45M — is there fundamentally a difference? How big is the difference between those two, rather than the difference between $30M and nothing? There’s just a lot of risk that carries possible catastrophic consequences (using catastrophic liberally here) when the gain is (relatively) so little. Of course an agent may push for risk, because with their interests diversified amongst many clients, they can distribute those risks. The player is like a single stock, themselves, where the agent is a mutual fund.

Good agents should always represent their clients wishes. So getting 30M vs. 45M (with extreme risk) shouldn't matter as much as having a happy client. There might be only a 5-10% chance he sustains an injury or has such a bad season that he takes his market value down to like a minimum deal... but going from $30M to $5M is just a killer.

I know we understand this... but that potential risk is what lands us a bargain deal. Dante was a free agent so he got a little more than he would have under an extension a year before free agency came.

I think Royce's upper limit next year is MLE... if we offer around 30M-ish he should take it. Aminu got like $9-10M over 3 years... that's kinda the comp I'd use with Royce (different players but similar 3 and D role). Say its a base of 4/30, but can go to $34M with bonuses for games played, defensive rating, second round of the playoffs... stuff like that.

 

[FalseFlagg K]

I think this is a very, very interesting question, though, basketball aside.

Royce is a guy who’s earned a couple million. $30M has you and generations set forever. You could gamble that on health and perhaps nab another $10-15M, but if you sustain a major injury (not all that likely, but always possible... I pay for life insurance to take care of my family in a scenario that I don’t even think is likely to happen) and it’s possible that $30M could drop to $5M, or you could never play again. $30M vs. $45M — is there fundamentally a difference? How big is the difference between those two, rather than the difference between $30M and nothing? There’s just a lot of risk that carries possible catastrophic consequences (using catastrophic liberally here) when the gain is (relatively) so little. Of course an agent may push for risk, because with their interests diversified amongst many clients, they can distribute those risks. The player is like a single stock, themselves, where the agent is a mutual fund.

and if he truly is worth a little more than that surely he's still young enough to get another decent payday after this contract ?

 

[Handlogten's Heros]

Put him on a stretching rack and extend him until he’s 6-8.

6' 4" is the new 6' 8"

 

[Handlogten's Heros]

and if he truly is worth a little more than that surely he's still young enough to get another decent payday after this contract ?

He'd be 30 but guys like Danny Green got $14M a year on a shorter deal... I think his next contract will represent more than half his NBA money.

I wouldn't be surprised if we ended up offering him a little extra... it also isn't wise for use to fight him over a couple million if we are close.

 

[infection]

Good agents should always represent their clients wishes.

Should, but my biggest argument during the lockout is that these guys were willing to forgo up to a year of salary over some minuscule BRI number that is only relevant if you have long-term skin in the game. Most these guys have 5-7 year careers. Missing a year is huge. They’d never recoup that (if they hypothetically held out a year, as there was some talk of). Who has long-term skin in the game, and who’s advising these kids? The agents.