Bryan Colangelo talking about the Larry Bird rule!
I know that most people know this but maybe it doesn't seem like such a big deal. When a guy is resigning with his existing team he has the ability to sign a MUCH more lucrative deal than if he were going to just "jump ship" to a different city. This influences who gets moved this off-season (maybe as soon as this weekend), even if some of the TOP UFA's of 2010 could possibly be a One-and-Done rent a player.
"...Colangelo said in an interview with The Fan 590 in Toronto. "In respect to the situation for him, there will be a handful of teams next year - I'm guessing between five and ten - which will have maximum allowable free agent money, which means Chris is subject to walk to one of those deals. But, I have to reiterate the point that keeps being overlooked - we're the only team that can offer him a full six years versus five years, 10.5% increases versus 8% increases ... Basically equates to a $30 million dollar difference..."
So, even to millionaires $30 million dollars is A LOT of money. Not to beat a dead horse here but if the Bulls (obviously my favorite team) were to go after Bosh or Amare (or Wade or LeBron...probably not but a man can dream can't he?) they would be able to bring him to a big city and pair him with Derrick Rose. They could probably allow whoever they brought in to at least sniff the playoffs, too. Throwing an extra $30,000,000.00 on top of that makes it VERY likely that that player would be willing to resign with the Bulls. That is probably what motivates a team to get rid of guys who have talent even though in 12 - 13 months they could be left with nothing. $30 million helps lessen the risk.
Also, a team like Toronto would be MORE willing to have guys in return who are locked up with a longer term contract because the Raptors have traditionally had a hard time keeping guys in town. Having a couple of GOOD but not GREAT players in return (where at least one of those guys is signed for a few more years at an affordable price) might be more beneficial to them. So, once again using the Bulls as an example, if someone postulates a trade like - Tyrus Thomas, Luol Deng, with #16 and #26 going to Toronto for Bosh (not checking salaries I am just guessing) it might not be as silly as some might think. Toronto gets 3 (possibly) rotation guys who are locked in for a minimum of 3 years and another in Tyrus Thomas who might NEVER reach his potential but who fits into the Toronto system (basically he can run and jump as a 6'9'' big man) who is signed short term (and won't be a max deal when his is up) might help the Raptors out more than getting say, Amare in return. It sucks for Toronto because they have had a decent franchise there since they started and Toronto is a beautiful city but Bryan Colangelo is a smart guy who probably realizes max contract, American born NBA guys just don't seem that interested in Toronto.
It's like a college coach passing on a McDonald's All-American and going for a lesser player. The McDonald's All-American might only stay for 1 year and then bolt for NBA riches while a guy who is GOOD but not GREAT could help his college team for 4 - 5 years.
Once again, I know that this is common knowledge but I see people posting on the boards here who seem to think that there will be an even swap if Cleveland moves LeBron (well not an even swap, with LeBron that's impossible) or Toronto moves Bosh. I think there are some of us who I feel could benefit by reading it straight from one of the horse's mouths.
***On a side note, if I am using the Larry Bird Rule or Larry Bird Exemption incorrectly here please feel free to correct me. I thought it applies to this situation and to the situation where a team is allowed to go over the salary cap in order to hold onto their own veteran.***
To my understanding you're using the Bird Rule in the right context. Another thing that might happen is that during the summer of 2010 the Raptors (or whatever team with a big name free agent) does a sign and trade. That way the player gets his 6th year and 30 million dollars and the franchise gets something in return. An example of this would be when Rashard Lewis signed his ridiculous deal with the Sonics and then got traded to the Magic. However, in 2010 I think most of the action will just be off of free agent signings, not sign and trades.
I'm a bulls fan too so I like the example