[KingJames00Participant]

I just have ? about qualifying offers in the NBA

1. How does a Qualifiying  offer work? does a team recive draft picks if the guy walks after they get a chance to match the offer??

2. What is the composation if the guy walks?

3. Does this period start beofre FA or during?

Thanks for any help

 

 

 

[elevation1013Participant]

I know teams have to qualify them before FA if they want to resign them or match any deals. Not sure about compensation.

[SwatLakeCityParticipant]

 I think what happens is before Free agency starts which is usually July 1st, (Although Zach Randolph just signed another contract with the Grizz so I don’t know how that worked out) teams can start giving qualifying offers to any free agent on thier team that they would prefer to keep. This qualifying offer automatically makes that player a Restricted Free Agent, which means that if a team wants him they have to first sign him to an offer sheet, which the original team can either choose to match it or just let him go. If they chose to let him go, that’s it, no compensation for loosing him. You made the choice not to match the offer so that’s your loss and that’s the consequence for loosing him. If they do choose to match it then, that player automatically has a signed contract and cannot walk unless the team arranges a buy out. The buy out will automatically make that player an unrestricted free agent, which means any team can sign that player if they want to without having to sign the player to an offer sheet first. These offer sheets usually are front loaded with a ton of money, making it very hard for the original team to match it. This is usually why you see so many bench players with huge contracts. (Paul Millsap and Jamal Crawford are two examples that I can think of at the moment)

[NashyMingParticipant]

If a player has a contract with a qualifying offer in the last year, then once all the guarenteed years are completed, the team can decide to make the qualifying offer (basically a 1 year deal at a predetermined amount).  This move would make the player a restricted free agent.  If the qualifying offer is not made in time or is withdrawn before the player accepts the offer, then the player can become a free agent.

Usually this would happen to 1st round picks, the first 2 years are guarenteed, the 3rd and 4th years are team options that must be picked up a year early.  The 5th year is a qualifying offer year, meaning the team must make this offer in order to keep the player a restricted free agent.  In the case of a 1st round picks rooke contract (based on current CBA):

1) after the 3rd year, the team can work out a 5yr extension with the player (e.g. Kevin Durant)

2) after the 4th year, the team would have to make a qualifying offer in order to make a player a restricted free agent which allows the team to match any offer from another team.  If not, the player would become unrestricted free agent and the original team cannot match.  If the original team can sign the player for a maximum of 6 years at a higher maximum contract (e.g. Rudy Gay).  Another team can sign the player for a maximum of 5 years at a lower maximum and wait 7 days for the original team to decide to match (e.g. for a match Kyle Lowry, e.g. for a not match Linas Kleiza).

3) there are players who do not get offered from another team (afraid of being matched while unwilling to overpay), then the player may simply accept the qualifying offer and play one more season with the team in order to become an unrestricted free agent. (e.g. Ben Gordon).

Since making qualifying offer would lock up cap space, some teams may not make qualifying offer if they want to safe cap space for other purpose.  If a team makes an offer for a restricted free agent, the cap space would also be locked up for 7 days until the original team decides to match (free the cap) or not match (use the cap).

 

[NashyMingParticipant]

Greg Oden is a good example.  He is in his 4th year and the Blazers would have to decide whether to make him a qualifying offer or not.

If the Blazers make Oden a qualifying offer this offseason, then it would lock up around 8mil of cap space.  This would make Oden a restricted free agent.  This would make it very hard for other teams to try to sign Oden without overpaying because any reasonable offer would likely be matched by the Blazers.  At the same time, the Blazers would try to work with Oden to reach a longer term deal (If Oden wants to secure more years and Blazers want to keep him longer).

If the Blazers do not make a qualifying offer to Oden, then he would become an unrestricted free agent, then all the other teams would just have to agree on a deal with him without worrying about a match from the Blazers.

If Oden cannot work out a long term deal with Blazers or any team, then he can sign his qualifying offer to stay 1 more year with the Blazers @ 8mil and become an unrestricted free agent a year later.

[KingJames00Participant]

Thanks Fellas

 

[Author]

Posts