Contract question

[the_gunner]

Hi all

I have question about salary.

If we can't sign a star in free agency, I think the plan is to resign Olynyk and free up enough cash to resign Thomas and/or Bradley next season, and try to rebuild through draft.

Therefore we will have a lot of cash available next season but heavily need them in the 18/19.

My question is therefore about how you can construct a salary in the best way for us. Is it possible to make a contract that are falling.

What if we can get a vet who would like to get 10 mio a year in 3 years, but in stead of paying him 10 mio a year, we pay him 20 mio the first year and 5 mio a year for the next to years. Is it legal?

[Celtics4ever]

If we can't sign a star in free agency, I think the plan is to resign Olynyk and free up enough cash to resign Thomas and/or Bradley next season, and try to rebuild through draft.

This is most likely true, but I for one do not want a team that features the uneven performance of KO as a centerpiece.

[TheSundanceKid]

You can't structure a contract like that unfortunately, you can do a declining contract but there are limits on it.

If we don't sign a max free agent I would have thought we would use the cap space to renegotiate Isaiah to the max. This has the advantage of lowering the amounts we will be paying him post 2018

[the_gunner]

Thank you for the answer!

Do you know how much the contract can be declining?

[Roy H.]

Thank you for the answer!

Do you know how much the contract can be declining?

In general, the max decline each year  is 8% of the first year of the contract.

So, if we paid IT $30 million in Year One, the contract can decline $2.4 million each year.