Making sense of NBA free agency dollars

first_imgA: Players and teams can agree to contracts immediately, but except for some limited exceptions, such as rookies inking their initial contracts, nothing can be signed until after the free agency moratorium period ends, which is noon EDT on July 6.Q: How is the salary cap determined?A: It’s basically a formula based on basketball revenues. Last season’s was $99.1 million, and this year’s will be announced Saturday.Q: Why is James a free agent when he had a contract for next season?A: His $35.6 million salary for 2018-19 was a player option. He chose not to take it and became a free agent instead . Same thing with Paul George, who opted for free agency instead of the $20.7 million he was due in Oklahoma City next season, and Kevin Durant, with an option for $26.3 million in 2018-19.ADVERTISEMENT Q: How does Leonard fit into all this?A: He’s under contract two more seasons but apparently doesn’t want to wait for free agency, telling the San Antonio Spurs he wants to be traded even though he could cash in big by waiting and re-signing there. Teams that can’t afford a marquee free agent can try to entice the Spurs with a trade package for the 2014 NBA Finals MVP.Q: Will things settle down once most of the signings are finished?A: Not entirely. Though deals can start to be finalized on July 6, that doesn’t mean free agency will end when the moratorium period ends. And talks never really stop in the NBA offseason. Last year it was Kyrie Irving asking to be traded from Cleveland and the Knicks trying to move Anthony that lasted deep into the summer, so count on something coming up.Sports Related Videospowered by AdSparcRead Next Cleveland Cavaliers forward LeBron James (23) drives past Oklahoma City Thunder forward Paul George (13) during the first half of an NBA basketball game in Oklahoma City, Tuesday, Feb. 13, 2018. (AP Photo/Sue Ogrocki)NEW YORK — Between the LeBron James guessing games and the Kawhi Leonard trade talk, it seems NBA shopping season is well underway.It’s actually just about to start.ADVERTISEMENT Cloudy skies over Luzon due to amihan MOST READ Q: Does any team have a chance to sign them?A: Not really. Teams either need to be under the salary cap, or use some of the various exceptions that allow teams to exceed it (for example, to re-sign their own veteran free agents). There are exceptions allowing teams to spend even if they are over the cap, or above the luxury tax line, but those are not big enough to afford a top-level player.Q: Any other ways for players to become free agents before their contract expires?A: Yes, sometimes they have an early termination option. Carmelo Anthony could have gone that route, but decided to keep his contract, which plays him $27.9 million next season, intact.Q: Besides James and George, who are other big-name free agents?A: Chris Paul, DeMarcus Cousins, Isaiah Thomas, Tony Parker, J.J. Redick and Derrick Favors are all unrestricted options that could draw interest. There are also players such as Jabari Parker, Aaron Gordon, Zach LaVine and Marcus Smart, but they are restricted free agents and their current teams would be allowed to match any offers they receive and keep them.Q: Are most teams far enough under the salary cap to really improve themselves?A: No, there are many more that are already over it or up against it. But the Lakers have slashed enough payroll to position themselves to afford James and another maximum-salary player.Q: How far over the cap can teams go?A: Depends on how much they’re willing to pay for it. There is a tax line (last year at about $119.3 million) and teams begin incurring a penalty once they reach that. It gets pretty severe depending on how far and how many years in a row they are over it. Terms like salary caps and contract options have been in the news for weeks, so fans might have an understanding of what they all mean. For those who don’t, here’s an attempt to explain how this all works.Q: When does free agency start?FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownA: It begins at 12:01 a.m. EDT on July 1. So that’s early Sunday morning for teams in the East, but Magic Johnson and the Lakers can actually start their recruiting on Saturday night.Q: When can deals start happening? 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As 2014 Special Senatorial Election Results Finally Emerge Ellen Loses ‘Majority’ in Senate

first_imgThe final results of the just ended Special Senatorial Election seem to foreshadow a steep journey ahead for President Ellen Johnson Sirleaf, as many of her fellow partisans who fought unsuccessfully to maintain their incumbency in the Senate will no longer be around.Among the 12 senators that stood for reelection, only two return, causing the Executive Mansion to lose about seven strong confidants from the team which was considered “the engine of Madam Sirleaf’s legislative success story” on Capitol Hill.Even though senators Isaac W. Nyenabo, Frederick D.Cherue and Cletus S. Wortoson of Grand Gedeh, River Gee and Grand Kru counties, respectively, did not seek reelection, their absence from the Senate clearly indicates the difficult circumstances the President has to struggle with while trying to make new friends in an effort to replace them.Particularly for Senator Isaac Nyenabo, who now leads Liberia’s agenda at the level of Ambassador to the European Union (EU) and Brussels, Madam Sirleaf will certainly miss his skillfull navigation of the Legislature and ability to lobby to manipulate and achieve the interest of the President.Losing the three influential personalities may not pain the presidency so much as losing a stalwart and “diehard” supporter like Gbehzohngar M. Findley of Grand Bassa County.  Senator Findley, who served for the past several years as President Pro-Tempore of the Senate, collected 10,306 votes amounting to 36.3% from behind leader, Jonathan L. Kaipay who got 16,296 or 57.4%.  This could spell real “danger” for President Sirleaf’s legislative agenda, something which is greatly needed in order to revive an already staggering legacy before the end of her second and final term in 2017.Kaipay comes from the Liberty Party, an organization believed to share a ‘mutual window’ with the Unity Party regime; and with that, many believe that winning him to the President’s side may just be a matter of time.With the arrival of pretty ‘unfamiliar’ but critical faces in the Liberian Senate for the third sitting of the 53rd Legislature, Madam Sirleaf is struggling to establish herself amongst the new senators-elect before they take seats in January 2015. According to reliable sources, the President’s Office has been engaged with placing calls to  few senators-elect and having lengthy discussions, while the National Elections Commission (NEC) has been chased for contact details of other senators-elect with whom the President does not have close interaction.Lofa County Senator Sumo G. Kupee, formerly of Unity Party, was reportedly ill-treated by UP, forcing him to seek refuge in the People’s Unification Party (PUP).  He lost to Stephen J. H. Zargo, 6,288 to 12,797.As for Maryland County John A. Ballout, one of the President’s closest confidants, who could not retain his seat, went down to former Superintendent Gbleh-bo Brown 877 to 5,192 votes. Even though UP could not give him their support, but the former UP Senator Jonathan J. Banney, a friend of Madam Sirleaf, could not stop Representative Francis Paye of National Democratic Congress (NDC) from clinching victory with 1,959 votes of the 9,176 votes cast.Margibi Senator Clarice Jah couldn’t do much to showcase her dominance as the Liberty Party seat was surrendered to new comer, Womba J. Tornonlah 7,893 to 1,967. Senator Jah chaired the Senate Executive Committee, a position she used to get closer to Madam Sirleaf.However, the Executive Committee position might likely return to presidential control with the arrival of Daniel Naatehn, who beat incumbent Theodore Momo 3,962 to 1,431 of votes cast.Interestingly, UP chairman Varney G. Sherman secured victory in Grand Cape Mount County with 13,651 votes, thereby placing him in a comfortable position to lead the Senate as President Pro-Tempore.The charisma is there, but old senators are skeptical of his alignment with Madam Sirleaf and believe offering him the job might be a replica of Findley, who was many times threatened with removal based on his ties with the Chief Executive.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Terry turns down chance to join Spartak Moscow

first_imgThe 37-year-old defender was believed to have been offered a wages in the region of £3 million ($3.9 million) for a one-year deal.Spartak appeared confident of securing the high-profile signing, announcing on social media that they were preparing for “a very important guest”.But after weighing up the move with his family, Terry, who has two children with his wife Toni, has opted against making the switch to Moscow.“After considerable thought, I have decided to decline a contract offer from Spartak Moscow. I would like to take the opportunity to thank Spartak and wish them and their supporters well for the rest of the season,” Terry wrote on his official Instagram account.“They are an ambitious club and I have been very impressed with their professionalism.“But after assessing this move with my family, we’ve decided this is not the right move for ourselves at this time. Good luck Spartak.”Terry spent last season with Championship side Aston Villa, but left after they failed to win promotion to the Premier League.Following Villa’s play-off final loss to Fulham, Terry had considered retiring, but he told the Daily Mail on Saturday that he is keen to keep playing as long as possible.Terry was one of Chelsea’s most decorated players, winning five Premier Leagues, five FA Cups and the 2012 Champions League during his time at Stamford Bridge.He also won 78 caps for England and captained his country on numerous occasions before being stripped of the armband after the Football Association ruled he had racially abused QPR’s Anton Ferdinand.0Shares0000(Visited 3 times, 1 visits today) 0Shares0000Former Chelsea defender John Terry has rejected the chance to join Spartak Moscow© AFP OLLY GREENWOODLONDON, United Kingdom, Sep 13 – Former Chelsea and England star John Terry has rejected the chance to make a shock move to Russian club Spartak Moscow.Terry was reported to be on the verge of signing for Spartak after being flown by private jet to Rome on Friday for a medical.last_img read more