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Waivers...
Oct 13, 2017 23:00:40 GMT -8
via mobile
Post by baseba1111 on Oct 13, 2017 23:00:40 GMT -8
... on GPII
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Post by Tigardbeav on Oct 14, 2017 19:29:20 GMT -8
So we can claim him off the Waiver wire?
I'm in.
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Deleted
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Post by Deleted on Oct 22, 2017 6:06:55 GMT -8
So why did GP II get in last night vs the blazers if he was was waived? |
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Post by baseba1111 on Oct 22, 2017 8:20:19 GMT -8
So why did GP II get in last night vs the blazers if he was was waived? Oct 14th... waived Oct 16th... became free agent Oct 17th... signed "2 way" contract with Bucks |
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Deleted
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Post by Deleted on Oct 22, 2017 9:03:47 GMT -8
So why did GP II get in last night vs the blazers if he was was waived? Oct 14th... waived Oct 16th... became free agent Oct 17th... signed "2 way" contract with Bucks cool but why didnt you follow up with the good news about resigning? c'mon man! |
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Post by baseba1111 on Oct 22, 2017 10:59:22 GMT -8
Oct 14th... waived Oct 16th... became free agent Oct 17th... signed "2 way" contract with Bucks cool but why didnt you follow up with the good news about resigning? c'mon man! Cuz, I'm only a "negative Nellie" to the experts here and report accordingly  Or... I had no idea until you made your post and had to go look what the eff was up! Now we all know... but, I did not see him listed in the box score as getting into the game last night?  |
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Post by ag87 on Oct 22, 2017 11:18:44 GMT -8
So why did GP II get in last night vs the blazers if he was was waived? Oct 14th... waived Oct 16th... became free agent Oct 17th... signed "2 way" contract with Bucks Do I need to look up what a "2 way" contract is or will someone tell me? |
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Post by baseba1111 on Oct 22, 2017 11:38:52 GMT -8
Oct 14th... waived Oct 16th... became free agent Oct 17th... signed "2 way" contract with Bucks Do I need to look up what a "2 way" contract is or will someone tell me? Here are the details as I've read/understood: -They will act as a 16th and 17th roster spots starting this year -The player can spend up to 45 days with the NBA team that signs him, although PT is guaranteed. -The rest of the player’s contract must be spent in the G-League, either for the team’s affiliate or another’s if the team he signs with doesn’t have a G-League affiliate yet. For the 2017-18 season, the G-League will represent 26 of the NBA’s 30 teams. -The player’s pay comes on a tiered salary system, which can last one or two seasons. While in the G-League, the player will make $75,000. It’s a significant increase from the current pay structure for G-Leaguers, who cannot make more than $26,000 with a one-way G-League deal. -When in the NBA, a player with a two-way contract will accrue a day of service and make money consistent with an NBA rookie minimum, which is about $816,000 next season. If a player spends 45 days in the NBA, he could make around $204,000. In total with G-League money, a two-way player who spends the maximum amount of time in the NBA would make $279,000. Most execs and agents want to shy away from these as overseas $$$ are much better. But, the other reason agents are wary of two-way contracts is that it restricts the player’s freedom of movement. Players who once could be called up by 30 different NBA teams now are linked exclusively with just one team and only for the limited time and set salary restrictions. |
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Deleted
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Post by Deleted on Oct 22, 2017 14:00:13 GMT -8
Do I need to look up what a "2 way" contract is or will someone tell me? Here are the details as I've read/understood: -They will act as a 16th and 17th roster spots starting this year -The player can spend up to 45 days with the NBA team that signs him, although PT is guaranteed. -The rest of the player’s contract must be spent in the G-League, either for the team’s affiliate or another’s if the team he signs with doesn’t have a G-League affiliate yet. For the 2017-18 season, the G-League will represent 26 of the NBA’s 30 teams. -The player’s pay comes on a tiered salary system, which can last one or two seasons. While in the G-League, the player will make $75,000. It’s a significant increase from the current pay structure for G-Leaguers, who cannot make more than $26,000 with a one-way G-League deal. -When in the NBA, a player with a two-way contract will accrue a day of service and make money consistent with an NBA rookie minimum, which is about $816,000 next season. If a player spends 45 days in the NBA, he could make around $204,000. In total with G-League money, a two-way player who spends the maximum amount of time in the NBA would make $279,000. Most execs and agents want to shy away from these as overseas $$$ are much better. But, the other reason agents are wary of two-way contracts is that it restricts the player’s freedom of movement. Players who once could be called up by 30 different NBA teams now are linked exclusively with just one team and only for the limited time and set salary restrictions. good for GPII to be on the team but the two-way contract seems like a bunch of conjimmery to me. Or as Steve Martin says in the jerk "So its a PROFIT deal". |
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Post by atownbeaver on Oct 23, 2017 10:23:56 GMT -8
Here are the details as I've read/understood: -They will act as a 16th and 17th roster spots starting this year -The player can spend up to 45 days with the NBA team that signs him, although PT is guaranteed. -The rest of the player’s contract must be spent in the G-League, either for the team’s affiliate or another’s if the team he signs with doesn’t have a G-League affiliate yet. For the 2017-18 season, the G-League will represent 26 of the NBA’s 30 teams. -The player’s pay comes on a tiered salary system, which can last one or two seasons. While in the G-League, the player will make $75,000. It’s a significant increase from the current pay structure for G-Leaguers, who cannot make more than $26,000 with a one-way G-League deal. -When in the NBA, a player with a two-way contract will accrue a day of service and make money consistent with an NBA rookie minimum, which is about $816,000 next season. If a player spends 45 days in the NBA, he could make around $204,000. In total with G-League money, a two-way player who spends the maximum amount of time in the NBA would make $279,000. Most execs and agents want to shy away from these as overseas $$$ are much better. But, the other reason agents are wary of two-way contracts is that it restricts the player’s freedom of movement. Players who once could be called up by 30 different NBA teams now are linked exclusively with just one team and only for the limited time and set salary restrictions. good for GPII to be on the team but the two-way contract seems like a bunch of conjimmery to me. Or as Steve Martin says in the jerk "So its a PROFIT deal". NBA is trying to keep fringe players in America... but not going full bore after it. Europe is a likely option for GPII if he can't crack a consistent roster spot in the next season. With that said, $279K is a s%#t load of money for 5 months of work. |
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2ndGenBeaver
Sophomore
Posts: 1,741 
Grad Year: 1991 (MS/CS) 1999 (PhD/CS)
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Post by 2ndGenBeaver on Oct 24, 2017 8:53:25 GMT -8
With that said, $279K is a s%#t load of money for 5 months of work. Good point. Between signing bonuses from last year, and $279K salary, AND the fact that athletes shouldn't have too much by way of student loans, I don't know many people 2-3 years out of school who find themselves in such circumstances.....and I suspect his Dad could help him out if he still has trouble making ends meet. Go Beavers! |
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Post by baseba1111 on Oct 24, 2017 8:59:55 GMT -8
With that said, $279K is a s%#t load of money for 5 months of work. Good point. Between signing bonuses from last year, and $279K salary, AND the fact that athletes shouldn't have too much by way of student loans, I don't know many people 2-3 years out of school who find themselves in such circumstances.....and I suspect his Dad could help him out if he still has trouble making ends meet. Go Beavers! Still a s%#te ton of money for a youngster, but people forget he takes home less than 50% after agents, CPA (?), and multiple state and city taxes. Dad's best help might be financial advising/paying for the CPA/advisor. |
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2ndGenBeaver
Sophomore
Posts: 1,741
Grad Year: 1991 (MS/CS) 1999 (PhD/CS)
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Post by 2ndGenBeaver on Oct 24, 2017 9:34:41 GMT -8
Good point. Between signing bonuses from last year, and $279K salary, AND the fact that athletes shouldn't have too much by way of student loans, I don't know many people 2-3 years out of school who find themselves in such circumstances.....and I suspect his Dad could help him out if he still has trouble making ends meet. Go Beavers! Still a s%#te ton of money for a youngster, but people forget he takes home less than 50% after agents, CPA (?), and multiple state and city taxes. Dad's best help might be financial advising/paying for the CPA/advisor. Great point! And note that a lot of these youngsters haven't necessarily surrounded themselves with folks known for their financial acumen, shall we say..... I seem to recall some "greats" (i.e. Iverson, Pippen, Coleman.....wikipedia tells me "an estimated 60% of National Basketball Association players go bankrupt within five years after leaving their sport") who proved out the adage "a fool and their money are soon parted" with 100x the amounts of money involved. So Dad providing CPA/advisor air cover might be the best thing. Go Beavers! |
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Post by ag87 on Oct 24, 2017 10:23:02 GMT -8
Good point. Between signing bonuses from last year, and $279K salary, AND the fact that athletes shouldn't have too much by way of student loans, I don't know many people 2-3 years out of school who find themselves in such circumstances.....and I suspect his Dad could help him out if he still has trouble making ends meet. Go Beavers! Still a s%#te ton of money for a youngster, but people forget he takes home less than 50% after agents, CPA (?), and multiple state and city taxes. Dad's best help might be financial advising/paying for the CPA/advisor. In addition, when he is 34 (give or take) his basketball career is over. Now if he had become one of those agents or a CPA, he could easily work another 35 years. |
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Post by baseba1111 on Oct 24, 2017 10:53:11 GMT -8
Still a s%#te ton of money for a youngster, but people forget he takes home less than 50% after agents, CPA (?), and multiple state and city taxes. Dad's best help might be financial advising/paying for the CPA/advisor. In addition, when he is 34 (give or take) his basketball career is over. Now if he had become one of those agents or a CPA, he could easily work another 35 years. And, the smart ones do... they prep for the rest of their lives. Unfortunately many do not, but that's not much different that the population in general these days. Why the eff go to school, train, or work when there are "freebies" galore! Luckily, there are tons of mature, hard working youngsters... we just never hear about them. |
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