Going forward, we define an 'All-Star' as someone who's played four consecutive years with one team and made two All-Star teams OR an All-NBA team during that time. Any 'All-Star' automatically gets a $12 million cap figure, but his original team can pay him up to 25 percent more than the cap figure (max: $60 million for four years). A new team can only pay him that cap figure (max: $48 million for four years).
"3. We define a 'Franchise Player' as someone who's played at least four consecutive years with one team and made three All-Star teams OR two first or second All-NBA teams during that time. Any 'Franchise Player' automatically gets a $17 million cap figure, but can be paid $500,000 per years of service beyond that number without it counting on the cap. For instance, if Dwight Howard wants to sign with the Lakers next summer, they could offer only his franchise cap number ($68 million over four years). Orlando gets the benefit of that $500k bump — eight Howard/Orlando seasons multiplied by $500,000 — so they can offer him a four-year deal worth $87 million.13 The longer he stays in Orlando and keeps playing at a 'Franchise' level, the more money Howard can earn.
"4. Anyone who graduates from 'All-Star' to 'Franchise Player' during his four-year deal gets an automatic salary bump to 'Franchise' status. For instance, Russell Westbrook's second-team All-NBA would make him eligible for an "All-Star" extension right now ($15 million per year for four years, but with a $12 million per year cap figure). Let's say he makes second-team All-NBA again this season. Boom! He jumps to "Franchise" status; his cap figure bumps to $17 million, along with the corresponding $500k bumps for each year in Oklahoma City.14 In other words, he's incentivized to keep kicking *** even after he gets paid.
"5. If you can't maintain 'All-Star' or 'Franchise' status during your deal, you lose those privileges for the next deal.15
"6. Any All-Star who gets traded keeps his salary/cap figure disparity for his new team. Franchise players can veto any trade — if they accept the deal, they lose their accumulated $500k bumps and revert back to the $17 million cap figure.
"7. Nobody else can sign for more than $10 million per year unless he made an All-NBA team OR two All-Star teams within the past three years, giving him a 33 percent bump (and enabling him a deal or extension for $13.3 million per year, with the salary doubling as the cap number). Yes, we're calling this the Zach Randolph Exception.