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Milsap Extension?

I'm curious. You used the phrase "close to the chest." It's the same line Harvey Dent utters in The Dark Knight after having discovered that Commissioner Gordon was not in fact dead. I swear I had never heard that before I watched that film and it bothered me when I heard it. I had always just heard "close to the vest." Is this a regional thing? Nolan's British. Can anyone help me out here?

I've only heard chest... most people have chests. I don't think most people wear vests. I grew up in Portland, so I'm pretty much your standard western accent.
 
eh? If the Jazz let CJ, Blake and Josh go, pick up Jamaal's option, hold onto Demarre and re-up Evans for his qualifying offer, they'll have $54.8mm committed to 12 players. The Luxury tax level is guaranteed to be at least $70.307mm next season. The Jazz would be $15.5mm under the tax. That's enough space to use both the MLE AND Memo TPE.
Thanks for the info. Rep'd.

So hopefully KOC can do something. I don't think Greggy would be opposed to $70M for just one season if it will make the Jazz significantly better. They know Al and Devin won't be around after next season, so that's a huge chunk of money that will fall off. I'm worried, though, that since there are really no significant FA's other than Deron and he has reportedly narrowed his choices to Dallas or Brookyln, there just won't be any motivated sellers. The Memo TPE may not have the value it would have had in previous years as teams tried to get under the cap to go after big name FA's.
 
eh? If the Jazz let CJ, Blake and Josh go, pick up Jamaal's option, hold onto Demarre and re-up Evans for his qualifying offer, they'll have $54.8mm committed to 12 players. The Luxury tax level is guaranteed to be at least $70.307mm next season. The Jazz would be $15.5mm under the tax. That's enough space to use both the MLE AND Memo TPE.

I agree, good info. Rep'd
 
On topic, it's unlikely the Jazz and Paul Millsap come to an agreement on an extension (correct me if I'm wrong). Here are the relevant details from Larry Coon's FAQ:

Veteran extensions are limited to four 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...

Raises in each year of a veteran extension are limited to 7.5% of the salary in the first year of the extension.
https://www.cbafaq.com/salarycap.htm#Q58

Even if Millsap is extended this offseason, with his salary this coming season amended upward, the Jazz are only able to amend his salary upward by 7.5% for this coming season and add an additional 3 years to his deal. Here's how his max extension breaks down (figures rounded up):

12/13: $9 248 906
13/14: $9 942 574
14/15: $10 636 242
15/16: $11 329 910

I don't think the Jazz would touch this, but I'm also not sure Millsap would agree to taking only the 3 additional years AND the increase in his 12/13 salary (which, if the additional salary is moved to the final 3 years, equates to a new 3 year deal at $10.85mm per year). If Millsap waits out the year, he can land a 4 year contract with another team OR a 5 year contract with the Jazz. Further, as Wes pointed out in this thread, waiting the year also creates a lot of flexibility in how the salary is dispersed over the course of the contract, since the first year salary wouldn't be capped at under $10mm. That is, waiting allows the Jazz to front-load a new Millsap contract.

Here's an example of a 5 year front-loaded contract averaging $9.2mm per year that would be allowed under the new CBA (if signed by own team):

13/14: $10.8mm
14/15: $10.0mm
15/16: $9.2mm
16/17: $8.4mm
17/18: $7.6mm

Here's an example of 4 year front-loaded contract averaging $9.2mm per year that would be allowed under the new CBA (if signed by own team):

13/14: $10.1mm
14/15: $9.5mm
15/16: $8.9mm
16/17: $8.3mm
 
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^^ don't forget the injury risk and value of locking up another $30mm guaranteed. Sap should have enough money to take on that risk though.
 
the more i look at options, assets, contracts, etc... the more i realize we have all been underestimating the weight of the paul question in figuring out our future.

don't extend paul and the jazz have massive cap space in 2013 and an opportunity to clear the decks. they'll have two draft picks and an opportunity to sign 2-3 first or second tier free agents. they can wait to decide on al jefferson's situation, and they don't need to use the TPE because they won't want to take back long-term commitments (unless they can use it to absorb a tax-paying team's expiring contract in exchange for compensation).

extend paul and the jazz could still have decent cap space in 2013, but the window gets smaller for shaping the future team. the memo TPE, the 2012 draft and the al question become increasingly important to leverage correctly.

fwiw, i think paul is a starter and could be a long-term option for the jazz, but obviously that just clears the cupboard a little more in terms of 2013 options. committing to paul now means we have more incentive to put the rest of the team together now: hurrying to make a move on al jefferson, getting into the draft, getting something for the TPE, etc.

either way, paul is something of a lynchpin. and i think a starting lineup of favors/millsap with kanter off the bench is WAAAAAY better than a starting lineup of kanter/favors with some young guy coming off the bench.
 
i think a starting lineup of favors/millsap with kanter off the bench is WAAAAAY better than a starting lineup of kanter/favors with some young guy coming off the bench.

I think Favors/Milsap could complement each other, although, haven't seen enough of Favors and Kanter together to conclude definitively that it would be preferable to Favors/Kanter. Favors/Kanter with Paul off the bench could work as well.
 
I think Favors/Milsap could complement each other, although, haven't seen enough of Favors and Kanter together to conclude definitively that it would be preferable to Favors/Kanter. Favors/Kanter with Paul off the bench could work as well.

i just don't think you can relegate paul to the bench. we're talking about the jazz's best two-way player (for today, at least), and the closest thing they have to a star-level guy with clutch abilities.

that and i think kanter still has a ways to go to be an impact player. the fact that the jazz offense effectively shuts down when he's in isn't a good sign. i know everybody has all this hope that P3 is going to transform him overnight, but more often than not, their programs result in subtle improvements at best. he's not an NBA starting center yet.
 
i just don't think you can relegate paul to the bench. we're talking about the jazz's best two-way player (for today, at least), and the closest thing they have to a star-level guy with clutch abilities.

that and i think kanter still has a ways to go to be an impact player. the fact that the jazz offense effectively shuts down when he's in isn't a good sign. i know everybody has all this hope that P3 is going to transform him overnight, but more often than not, their programs result in subtle improvements at best. he's not an NBA starting center yet.

Fair points. Kanter isn't ready to start yet. Probably smarter to have Kanter develop off the bench for at least another year. I guess I was thinking a year or two down the road, but for now, agreed, Favors and Paul would be solid. The problem is Al. He should be coming off the bench (or traded, ideally). I can envision a Favors/Kanter starting duo in a year or two, provided Enes gets consistent minutes to develop next year.
 
Fair points. Kanter isn't ready to start yet. Probably smarter to have Kanter develop off the bench for at least another year. I guess I was thinking a year or two down the road, but for now, agreed, Favors and Paul would be solid. The problem is Al. He should be coming off the bench (or traded, ideally). I can envision a Favors/Kanter starting duo in a year or two, provided Enes gets consistent minutes to develop next year.

agree with just about all of that. i think we need to work with kanter and develop him, but there's no rush to get him into the starting five. having a solid three-man big rotation is important, and i think as long as he's part of that in the next couple years, he'll have substantial chances to improve.

but again, that's where the al problem comes in, so i agree with you there. with al here, our 3-man rotation is al/paul/derrick, and favors is barely in the rotation, playing 15 minutes on average.

that's why if i could get rid of al while getting into the draft, i would do it even if it meant taking on a 2-3 year commitment to a guy i was less than wild about.
 
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