Quote:
Originally Posted by IrishHand
Bird Rights are a function of 3+ years without changing teams via FA/waiver.
You can have early bird rights after 2 years as well. The % salary increase is a little different, but the concept is the same.
Quote:
Originally Posted by MEbenhoe
The bird rights put a cap hold on the team for a certain amount (not sure exactly how that amount is determined, I think its based on the prior season's salary). But say the cap hold on David Lee is 7M, that effectively lowers the Knicks free cap space by 7M next offseason until they either sign Lee to a new contract or renounce his bird rights. For this reason bird rights on players are generally much more valuable to over cap teams.
Yes. I believe the hold is 150% of the previous year's salary for most bird rights players. For Lee, it's going to be $10.5 mil. That's why Bird rights have almost no value to teams under the cap.
Quote:
Originally Posted by TheUntouchable
The lockout is definitely coming. Aorn, I'm leaning towards being on the players sides. The owners let these players be accustomed to making the kind of money they've made, they can't just expect to cut it down as dramatically as they want to. I also understand that the owners need to make money too, so it's really just not a good situation.
Basically, I just don't trust the owners who say they aren't making enough money.
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I really hope they find a way to work this out.