Tomic offered buyout:

[Coach Ellis]

That's barely $2.2 million dollars in U.S. The Jazz can EASILY afford to go above that to bring him over. Even if they'd kept Kanter and had to use the mid-level MLE of $3 million per year, they could afford to fit him in. $3 years - $10 million. More money than he can make in Europe by a lot AND if he's successful, he's in line for a big 2nd contract at the tender age of 31.

I was worried he'd be looking for a contract in the $4 million euros per year range. . . which might have been more tricky. Really, there's no reason not to bring him over. This is the quintessential "draft and stash" situation. Maximize the value of the asset used. A mid-to-late 2008 2nd round pick shouldn't potentially pay off like this.

 

[green]

That's barely $2.2 million dollars in U.S. The Jazz can EASILY afford to go above that to bring him over. Even if they'd kept Kanter and had to use the mid-level MLE of $3 million per year, they could afford to fit him in. $3 years - $10 million. More money than he can make in Europe by a lot AND if he's successful, he's in line for a big 2nd contract at the tender age of 31.

I was worried he'd be looking for a contract in the $4 million euros per year range. . . which might have been more tricky. Really, there's no reason not to bring him over. This is the quintessential "draft and stash" situation. Maximize the value of the asset used. A mid-to-late 2008 2nd round pick shouldn't potentially pay off like this.

It's not quite that easy. I think the teams in Europe pay the taxes for the players. The 2 million would be cash in Tomic's pocket after taxes. Like the article said, the real cost for Tomic was close to 5.6 million.

Would the Jazz be willing to pay him 6+ million per year? That's the question.

 

[Joe Bagadonuts]

It's not quite that easy. I think the teams in Europe pay the taxes for the players. The 2 million would be cash in Tomic's pocket after taxes. Like the article said, the real cost for Tomic was close to 5.6 million.

Would the Jazz be willing to pay him 6+ million per year? That's the question.

I assumed the tax they were talking about was a salary cap tax of some sort. Do you really have knowledge that the teams pay the players tax bills, or is that just your interpretation of that sentence? Also, can we pay Tomic anything we want, or are we limited to offering him a rookie scale contract? I assumed the latter was the case.

 

[Coach Ellis]

The Jazz can offer whatever they want, but it has to be a 3 year deal. No team or player options.

 

[green]

I assumed the tax they were talking about was a salary cap tax of some sort. Do you really have knowledge that the teams pay the players tax bills, or is that just your interpretation of that sentence? Also, can we pay Tomic anything we want, or are we limited to offering him a rookie scale contract? I assumed the latter was the case.

I've heard that the teams in Europe pay the taxes and some even offer tax "credits" for the US tax hit. I did find this:

"Not only is there a big discrepancy between the salaries, but the money made in Europe is typically tax free. The club oftentimes will pay your taxes to the country you are playing in. That American who is playing overseas may also receive credit with the United States government for paying their taxes. Further, most European clubs commonly pay for a player’s living expenses. That includes providing a player with a car and lodging. So the player in Europe can be saved from taxes and the more expensive living expenses."

https://sportsagentblog.com/2012/07...asketball-why-dont-more-players-go-to-europe/

 

[green]

That's why Tomic probably isn't coming over unless he gets 6 million per year from us. Which means we really don't have any money to spend this summer unless we let Booker go.

 

[stitches]

It's not quite that easy. I think the teams in Europe pay the taxes for the players. The 2 million would be cash in Tomic's pocket after taxes. Like the article said, the real cost for Tomic was close to 5.6 million.

Would the Jazz be willing to pay him 6+ million per year? That's the question.

Whatever we pay him, he'd have to pay the income tax in Utah(5%?), not in Spain(where income tax is huge - >50%).

 

[Stifle Tower]

What makes you think that Exum won't provide better 3 pt shooting and D next year? And I am thinking burks will guard 1's with hood/Hayward/ingles initiating the offense.

Well, Trey certainly didn't make any kind of jump his sophomore season. Dante's timidness is what worries me. Trey has a variety of shots; he just doesn't make them. Dante has little offensively that leaves me encouraged. AS for Burks, he was never known as a stellar defender as a SG. Now you want him guarding smaller, quicker players? PG production is definitely the #1 concern for the Jazz; I'm just not sure it can or will be resolved this summer. In fact, I think Utah HAS to give Exum another season to see what kind of improvements he can make and project his potential. AS for a veteran back-up or interim starter, RFA's are too expensive and nothing really excites me on the unrestricted market.

Back to Tomic...the Jazz SHOULD offer up to $7M to get him over. They aren't going to get a major FA; it's just silly to talk about Leonard, Middleton, etc. The Jazz have a real need to have a backup C. Technically, they could use Favors at the 5 and Booker or another player at the 4. But I'd rather have Derrick be the full-time 4. AS many have argued about other players, contracts will seem much cheaper in 2016. A good big at $7M would be one of the best bargains in the league. I'm not really worried about P/T. Euros play fewer minutes per game than U.S. players and there are more games in an NBA season. There are always assorted injuries, foul trouble, etc.

Tomic NEEDS to be our FA acquisition. Jazz would then be adding THREE good assets to the team: Tomic, Burks and our #12 pick. Hopefully also have Hood for an entire season. That right there is a HUGE leap over last season.

 

[Jazz4ever]

Tomic at 7 would be a steal, hell Kanter will probably get 12-14 offers.

 

[Doublea]

That's why Tomic probably isn't coming over unless he gets 6 million per year from us. Which means we really don't have any money to spend this summer unless we let Booker go.

Maybe that was the Jazz's plans all along. Let go of Kanter to open some cap space and then sign tomic as our "FA" of the summer.

 

[davidbenoit]

Maybe that was the Jazz's plans all along. Let go of Kanter to open some cap space and then sign tomic as our "FA" of the summer.

Good point. This will be the first time in Jazz history where the fans will be OK with a status quo summer. That doesn't mean we won't see some draft magic, but as far as free agents go I don't think we'll see much.

 

[Ellipse]

From Sportando:

Ante Tomic asks €2 million to extend with Barcelona
The Catalan team doesn't want to pay so much, so a flight to USA for Tomic becomes possibile
Fc Barcelona Basquet will have a very busy summer, because the team may have to change many as eight players.

The Catalan team, Encestando reported, started to negotiate a contract extension with Croatian center Ante Tomic. The problem is that the big man seems to have asked €2 million to sign a new deal with his club.

Barcelona doesn't want to pay so much, also because such an expensive contract extension should cost almost €5.6 million with the new Catalan tax system.

For this reason he can explore the opportunity to join the NBA and sign with the Utah Jazz. The American team is looking to him to reinforce the frontcourt for next season.

https://www.sportando.com/en/europe/spain/159426/ante-tomic-asks-2-million-to-extend-with-barcelona.html

Hmm. This sounds a lot like an agent negotiating for more money to resign his client with his current team. Seriously, if Tomic really wanted to come to the NBA, a $5 million offer -- peanuts for the Jazz -- would have brought him over already.