Does the NBA have any rules about rookie signings?
Does the NBA have any rules about rookie signings?
Tiger Sports2015-06-26
7
The 2015 NBA Draft is over. Pen × fun × Pavilion www. biquge。 infoCarl Anthony Towns became the top pick, so is there any NBA rule about rookie signings?
"Lao Tzu is rich, I want to give Zhuangyuanxiu an annual salary of 20 million, okay?"
The answer is, no.
The NBA has very detailed rules about the first contract of the first-round pick, and the original purpose of this rule is twofold: (1) to avoid the situation where players with very different bones and talents are reluctant to sign with the team because they do not get an offer that satisfies them; (2) It is to avoid the emergence of inexperienced rookies who get higher wages than some veterans. In 1994, before the rule was enforced, Glenn Robinson, the top pick of the year, was reluctant to sign a contract with sky-high prices, and rumors suggested that he wanted a huge 13-year contract worth around $100 million. Eventually, he signed a 10-year, $68 million rookie contract with the Bucks.
The following year, the NBA introduced a salary cap for first-round picks.
Beginning in 1995, a first-round pick was paid strictly based on his draft pick. Every time a new collective bargaining agreement is signed, the basic salary of all new recruits for each year during the validity period of the collective bargaining agreement will be stated. All first-round picks are paid in a 2+2 format, with a two-year contract + a two-year team option. The collective bargaining agreement will give a base salary for the first three years of all first-round picks (the third year team option), and the team can negotiate with the players on a case-by-case basis for the base salary range, ranging from 80% to 120% of the base salary, and the fourth year (again the team option) will be increased by a certain percentage from the third year (26.1% for the top pick this season and 80.5% for the 30th pick). After completing a four-year contract, the team can make a qualifying offer to the player, depending on the salary of the fourth year and his draft pick. When a team makes an offer to a player, the player becomes a restricted free agent and the parent club has the right to match him with any contract he has with another team to keep him with the team; The team also has the right not to make an offer to a player, in which case the player will become a full free agent.
In addition, in order to ensure the interests of the team, even if the total salary of the team has exceeded the salary cap, the team can use the "rookie exception" to sign a player under the premise of meeting the above salary range.
Base salary for the first year of the 2015-16 NBA first-round pick
No. 1 show: 4.753 million;
Show No. 2: 4.253 million;
No. 3 show: 3.819 million;
Show No. 4: 3.443 million;
Show No. 5: 3.118 million;
Show No. 6: 2.832 million;
Show No. 7: 2.582 million;
Show No. 8: 2.368 million;
Show No. 9: 2.177 million;
Show No. 10: 2.068 million;
Show No. 11: 1.965 million;
No. 12 show: 1.867 million;
Show No. 13: 1.773 million;
Show No. 14: 1.685 million;
Show No. 15: 1.600 million;
Show No. 16: 1.520 million;
Show No. 17: 1.444 million;
Show No. 18: 1.372 million;
Show No. 19: 1.31 million;
Show No. 20: 1.258 million;
Show No. 21: 1.208 million;
Show No. 22: 1.16 million;
Show No. 23: 1.113 million;
Show No. 24: 1.068 million;
Show No. 25: 1.026 million;
Show No. 26: 992,000;
Show No. 27: 963,000;
Show No. 28: 957,000;
Show No. 29: 950,000;
Show No. 30: 943,000.
"I'm really rich, and I want to spend all my money on rookies, and I'm going to go bad if I don't spend it quickly, so what should I do?"
The answer is: pay a salary for the second-round show.
That's right...... The NBA limits the salary range for first-round picks to their rookie contracts, but there are no rules on the salary of second-round picks, and in theory, teams can give second-round picks a base salary or a maximum salary......
However, the NBA stipulates that the "rookie exception" only applies to first-round picks, so teams must use salary space or signing exceptions, such as base salary exceptions, space mid-range exceptions, middle-class exceptions, mini-middle-class exceptions, and other exceptions to sign second-round picks.
In most cases, teams will give the second-round pick a base salary (which is often not guaranteed), but because the base salary exception can only be signed for two years at a time, some teams will split their mid-range exception to sign a three-year contract with the second-round pick. In this way, after the end of the three-year contract, the team will also have the "bird rights" of the player, so that the team can sign a new contract with him.