Fred
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Would you pass up 30 Million? My money says Wade won't. Here's more ammo for my "If we want one of these guys, It's going to require a sign and trade" argument:
Daily Herald, Mike McGraw:
Here are the basic rules, which were meant to give teams an advantage in retaining their players: Free-agents can re-sign with their own teams for six years, with annual raises of 10.5 percent. They can sign with a new team for five years, with annual raises of 8 percent. In either case, the raises are based on the first-year salary.
As members of the 2003 draft class who signed max extensions, both Wade and Toronto's Chris Bosh made $15.779 million this season.
If those players re-sign for the max with their current teams, they can get $125.5 million over six years. Sign with another team and the most they can get is $96.1 million over five years.
"Thirty million means a lot to anybody," Wade said. "To Bill Gates, $30 million means a lot. To Slim Helu, who's the richest man in the world this year, it means a lot. So not just to me. I don't have that much money."
http://www.dailyherald.com/story/?id=377230
Daily Herald, Mike McGraw:
Here are the basic rules, which were meant to give teams an advantage in retaining their players: Free-agents can re-sign with their own teams for six years, with annual raises of 10.5 percent. They can sign with a new team for five years, with annual raises of 8 percent. In either case, the raises are based on the first-year salary.
As members of the 2003 draft class who signed max extensions, both Wade and Toronto's Chris Bosh made $15.779 million this season.
If those players re-sign for the max with their current teams, they can get $125.5 million over six years. Sign with another team and the most they can get is $96.1 million over five years.
"Thirty million means a lot to anybody," Wade said. "To Bill Gates, $30 million means a lot. To Slim Helu, who's the richest man in the world this year, it means a lot. So not just to me. I don't have that much money."
http://www.dailyherald.com/story/?id=377230