Chapter 102: Contract Finalized
"Nope! No! Mr. Pitt, I know Lee is a great player, but $25 million for three years is too high. Divac shook his head immediately after listening to Pete Smith's words.
Pete Smith's offer for Li Tian is very similar to last year's contract with Jeremy Lin to the Rockets, and Li Tian is subject to the Arenas clause as a restricted player who has only been in the league for one year. Therefore, Li Tian's starting salary in the first year can be the highest in this year's middle-class contract, that is, $5.15 million, and the second year cannot exceed 515 * 1.08 = 5.562 million US dollars, but the contract in the third year can be greatly increased, directly raised to the maximum salary contract this season, that is, the salary cap is 5867.9 * 0.25 = 14.66975 million US dollars.
This would add up to $25,481,750 for a three-year contract. Of course, Divac would not easily agree to Pete Smith's offer, so he immediately declined.
Neither Li Tian nor Pete Smith were dissatisfied with Divac's rejection, and they both knew that the negotiation of a contract was a negotiation process.
"Mr. Vlad, you know Lee is a great player, a great shooter and a defender is what any team needs, and Lee is improving, he's getting stronger, he's improving his offensive ability with the ball."
"Mr. Pitt, of course I know, but don't you think the salary for the final year is too high, let's put aside the Arenas clause and we can offer a contract with a starting salary of 5.15 million and an annual increase of up to 10.5 percent."
"No, I think you're underestimating my players, you have to know that he's still a Chinese player, and if you choose to sign him, they're going to get a lot of broadcast contracts."
…………
During the entire negotiation process, Li Tian did not speak, completely led by Pete Smith, and after nearly two hours of negotiations, the two sides finally reached a preliminary intention.
The overall composition of the contract is what Pete Smith said, but Divac proposed that only half of the final year of the contract must be a guaranteed contract, which means that if Li Tian is laid off at that time, he will only get half of his salary.
Pete Smith agreed after discussing with Li Tian, because Li Tian thought that there was no need to worry about this at all, and the fact that he had an iron book could already ensure that he would maintain progress in the next time, so he didn't have to worry about being laid off at all.
Of course, the determination of the overall composition of the contract does not mean that the two parties will sign the contract, because Li Tian and Pete Smith still have some additional clauses to add, mainly related to the bonus part.
Three years, Li Tian can't be sure how much progress he will make with the help of the Iron Book in three years, but it is clear that the All-Star and the best team are not too big of a problem, or the championship? MVP? It's not impossible, so this time, instead of Pete Smith proposing, Li Tian took the initiative to bring it up.
Of course, these details of the contract were not added to this negotiation, but were raised by Li Tian to Pete Smith after Divac left.
While Li Tian and the king were basically finalized, the negotiations between Evans and the king on the other side seemed to be going smoothly. It was previously reported that Evans still wanted to leave, but after talking to Adelman, he had already made a preliminary decision to stay with the King.
Evans is also a restricted player, but his rookie contract has been fully fulfilled, so the contract he can get will obviously be bigger than Li Tian, of course, because Evans is a restricted player, so the Kings can force Evans to stay.
However, there is obviously a difference between Evans's sincere stay and his forced stay, after all, the twisted melon is not sweet.
While both sides were preparing to negotiate more contract details, it was revealed that the Kings management was beginning to approach free agents on the free agency, and they were approaching Andre Iguodala, a swingman who had just announced his exit from his contract last month and entered the free agency.
The news was then picked up by other media outlets, with the Kings' management, including new head coach Adelman, in frequent contact with Iguodala.
Later, Iguodala's agent admitted to receiving an offer from the Kings for a four-year, $48 million contract, and admitted that Iguodala was very interested in playing under Adelman.
After this news appeared, it immediately attracted the attention of Kings fans, as a balanced offensive and defensive swingman, Iguodala has proven his strength, if he can get his joining, it is undoubtedly very good news for the Kings.
This news also attracted the attention of the Kings players, because according to previous news, if the Kings renew Evans and Li Tian at the same time, their amount is close to the salary cap, and it is impossible to sign Iguodala directly, so they can only sign with the Nuggets first and then exchange, and according to reports, the Nuggets obviously mean the same, they don't want to let Iguodala go for nothing.
The current Kings, in addition to Li Tian and Evans, still have 10 players who still have contracts, DeMarcus Cousins $4.917 million, Jason Thompson $5.644 million, Marcus Thornton $8.05 million, Isaiah Thomas $884,000, Chuck Hayes $5,722,500, Thomas Robinson $3,526,000, Chris Middleton $789,000, Jimmer Fredette $2,440,000, Travis Oterlow $3 million, John Salmons $7,583,000.
The total contract of these 10 players has reached $42.5555 million, and if Evans and Li Tian are renewed, the total will be close to the salary cap of $58.679 million.
On the other hand, the Kings already have four players on the front line, if you add Li Tian, Evans and Iguodala, there will be seven, and one more is selected in this year's draft, that is, eight, the roster is too bloated, and a trade must be made.
July 1-10 is the freezing period of NBA signings, during which players and teams can reach a verbal agreement on signing, but it cannot take effect immediately, and must wait until July 10 to officially sign a contract.
So in the past few days, there have been frequent rumors of players signing soon, and there has been progress on the news that the Kings have signed and then traded for Iguodala with the Nuggets, and the Kings want to send Travis Outlaw, John Salmons and a 14-year first-round pick to get Iguodala.
But when the news came out from the Nuggets, they were not opposed to sending Iguodala away, but they did not want to accept the contracts of Travis Outlaw and John Salmons, just as the Kings had to pull a third party into the deal if they wanted to complete the deal.
At this time, Evans and Li Tian also received offers from other teams, the New Orleans Pelicans, who had just changed their name in the summer, offered Evans a four-year contract of $44 million, while Li Tian received an offer contract from the Bucks, three years and $25 million.
After the two teams made offers, the Kings had three days to decide whether to match, and three days later, on July 10, when they could officially sign contracts.
On July 8, two days before the official signing of the contract with the player, Yahoo Sports reporter "Woshen", who claims to always get first-hand information, broke the news that the Kings decided to match Daigo and the Bucks to make an offer for Evans and Li Tian, and at the same time, the Kings, Nuggets, and Jazz will make a three-way trade.
The Kings sent Travis Outlaw, John Salmons, a 2014 unprotected first-round pick, a 2015 second-round pick Andre Iguodala, the Jazz sent Randy Foye for Travis Outlaw, John Salmons, the Kings' 2014 unprotected first-round pick, and the Nuggets sent Andre Iguodala for Randy Foyer and the Kings' 2015 second-round pick and an auto-generated $9 million trade exception.
Iguodala re-signed with a salary of 12 million, while Foye's salary is 3 million, according to the league's rules, such a deal is not equal, but because the Jazz's salary this season is below the league's salary cap, they can accept high-wage players with only sending Randy Foyer, and the difference in between is to automatically generate a trade exception, which is 9 million, so the Nuggets get a 9 million trade exception.
On July 10, the trade between the Kings, Nuggets, and Jazz was officially proposed and approved by the league, which means that Iguodala became a member of the Kings in the new season, while Outlaw and Salmons left Sacramento.
Subsequently, the King and Evans officially signed a contract of $44 million for four years, the entire contract is fully guaranteed, and the salary for the first year is $10.3 million.
Li Tian's contract with the king was also officially signed, and the overall framework remained unchanged from before, with a three-year contract, $5.15 million in the first year, $5.56 million in the second year, and $14.65 million in the third year, with a total contract value of $25.36 million, of which only half of the guarantee contract was in the third year.
In addition, the award clause of the contract proposed by Li Tian and Pete Smith was agreed by the king after some haggling.
The contract consists of three items, 1 million if selected as an All-Star, 2 million for All-Star starters or All-Star MVP, and 3 million for regular season MVP or championship MVP.
Such a bonus is also very high in the signing of the NBA contract, but for the king, first of all, it is not easy for Li Tian to get these three items, especially the last two, if they can get it, let alone two million or three million, even if it is 10 million, they will not suffer.
And from Li Tian's point of view, he also has his own thoughts about proposing such additional terms, with the effect of the iron book, the growth that can be brought in three years Li Tian himself can not predict, these awards seem far away, but he knows that it is not completely impossible.
(PS: In today's chapter, I wrote from morning to evening, checking the amount of player contracts, checking salary caps, etc., checking the various terms and conditions of NBA signing transactions, and then calculating and piecing together, and I felt messy for a while.) There was even a paragraph in the middle where I was thinking, just make it up, anyway, just get the contract of three people done, but then I put aside this idea and tried to follow the rules in reality as much as possible. Of course, I'm not a professional after all, so there may be some inconsiderate things in between, and if there's something wrong with your friends, you can point it out. In addition, this chapter is really tiring to write, so this chapter is for today, and everyone will encourage you to count votes and the like. )