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Saturday, November 26th, 2011 at 12:40 pm  |  20 responses

‘Carmelo Anthony’ Extend-And-Trades Eliminated


The proposed ‘Carmelo rule’ has been eliminated from the next CBA, allowing players more leverage. SheridanHoops explains how players will now be able to get four-year extensions prior to being traded away:

- On the financial split, the players will receive between 49 and 51 percent of revenues, depending on annual growth. The players had complained prior to Saturday that the owners’ previous offer effectively limited them to 50.2 percent of revenues, but the source said 51 percent was now reasonably achievable with robust growth.

- Owners dropped their insistence on what would have been known as the Carmelo Anthony rule, preventing teams from executing extend-and-trade deals similar to the one that sent Anthony from the Denver Nuggets to the New York Knicks last season. This means that if Dwight Howard, Deron Williams and Chris Paul want to leverage their way out of Orlando, New Jersey and New Orleans, they will still be eligible to sign four-year extensions with their current teams before being immediately traded elsewhere.

- Teams above the salary cap will be able to offer four-year mid-level exception contracts to free agents each season. Previously, owners were asking that teams be limited to offering a four-year deal one year, a three-year deal the next, then four, then three, etc.

- The rookie salary scale and veteran minimum salaries will stay the same as they were last season. Owners had been seeking 12 percent cuts.

- Qualifying offers to restricted free agents will become “significantly” improved. The sides had already agreed to reduce the time for a team to match an offer to a restricted free agent from 7 days to 3.

- A new $2.5 million exception will be available to teams that go below the salary cap, then use all of their cap room to sign free agents. Once they are back above the cap, they will be able to use the new exception instead of being limited to filling out their rosters with players on minimum contracts.

- The prohibition on luxury tax-paying teams from executing sign-and-trade deals was loosened, although the freedom to execute those types of deals will still be limited.

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  • slamfan4life

    thank GODDD, seasons backk!

  • MikeC.

    This all happened because I went out and dropped $400 on a Ps3 and 2k12 yesterday. I guess I don’t have to simulate the season any more. In the immortal words of Homer Simpson “WOOHOO!!!”

  • NATTY DREAD38

    MELOOOO

  • Robb

    you got ripped off^

  • Natty dread

    Meloooo

  • dahive

    that headline is confusing – it sounds like the owners got their way and got that clause in. but according to the article they dropped it

  • http://bulls.com airs

    mikeC got royally ripped off

  • LA Huey

    So it looks like the system issues went in the favor of the players? If so, I’m happy with that because I had no problem with the system before.

  • IAMORANGE4EVER

    CP3 has to be smiling.

  • hamond

    i’d like to take this opportunity to say f*ck all the ppl who said they didnt care about the nba and could easily just replace it with college basketball. college basketball?! really?! the talent level is no where near the nba. college players play with more heart?! did you not see rondo dislocate his elbow and come back into the game? sorry just had to hate on those haters

  • http://slamonline.com 1982

    Sorry Mike C, but everyone’s right. I’d see if you can return everything and buy online. Also, does this mean the arguing was about 51% vs 50.2%? I know that 0.8% is still more money than I’ll ever see, but still…

  • http://slamonline.com Ugh

    My perspective might be wrong, but it looks like the owners got shellacked by the lawsuit.

  • MikeC.

    Gotta clarify on the pricing. I’m in Canada. Everything costs more here.

  • MikeC.

    13% tax on a game system is a small price to pay for knowing I can go to a hospital without a credit card.

  • http://gmail.com z

    Yea, just reading this article I’m thinking it sounds like the players got their way on every issue that they were holding out over. I’m gonna have to wait till more details of the deal come out before I say that I’m happy for the players, but I can say with certainty I’m happy the lockout’s over!

  • SwaGG_SeaN

    @ MikeC: yeah man you got ripped off, you could’ve hit up Craigslist and got a PS3 and 2K12 for under 300 bucks easy B-) just saying

  • #6marjons

    yeah change the headline

  • http://knicks.com Gametimeweezy

    Owners are so dumb with their head up their ass the Carmelo Anthony trade was great for the Nuggets they got 3/5′s of their starting lineup opposed to losing him anyways and getting nothing.

  • blakos

    Gotta love Public Health eh Mike!!

  • http://360special.blogspot.com/ dev0

    the league gave more concessions than i thought they would

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