"You can't write good comedy like that." - My dad while watching an episode of Dad's Army.

 
.
 
22  -  James Jones - SF, 6'8, 215
Miami Heat - Signed as a free agent in July 2008
       Date of birth: 10/04/1980
       Country: USA
     Drafted (NBA): 49th pick, 2003
     Out of: Miami (Florida)
  NBA Experience: 10 years
  Hand: Right





From blog:


   Creative Financing in the NBA, 2010
2010-08-12

James Jones's weird contract saw the final three seasons guaranteed for only $1,856,000, $1,984,000 and $2,112,000 respectively, for a total of $5,920,000. If Miami cut him, that's all they would have owed him, a significantly lesser amounted than the $14,910,000 they would have owed him had they not waived him before July 1st. Miami tried to trade this contract so that they could owe him nothing at all, yet there were no takers, and so they ended up waiving him.

However, rather than paying Jones $5,920,000, they instead paid him only $4,920,000. In a bid to open up more cap room, Miami co-erced Jones into giving up a million dollars of what they owed him; they did this by agreeing to pay him what they owed him in one lump sum. The two most important rules with buyouts are that;

a) the amount of money that the team pays the player is that amount that is charged to the cap,

b) the amount that is charged to the cap is spread evenly amongst all remaining guaranteed compensation on the contract.


However, that doesn't affect how the money itself is paid out. Players and teams can pretty much do what they want in that regard. Put more simply, what you see on a team's salary cap chart (such as the one above) is not always what is actually paid out. Jones's incentive to give up $1 million was to turn three years of small checks into one big fat $5 million one that he could have instantly; Miami's incentive to cut him that check was to to reduce Jones's cap hit and open up more cap space. Using rule (a) above - whereby the distribution of the buyout amount must be equal to the distribution of guaranteed compensation in the original contract - Jones's cap hits became $1,544,172, $1,650,667 and $1,757,161 respectively, thereby opening up $311,828 in 2010 cap room for Miami.

[read full post]

   2010 Free Agency, Preliminary Round
2010-07-01

The following players had unguaranteed or partially guaranteed contracts, and were waived before their guarantee date.

- Miami = James Jones

[read full post]

   Current Trade Kickers
2010-06-11

There follows a list of all current NBA contracts that feature trade kickers, in contracts valid as of the time of writing, along with the value of them. Note that trade kickers have no expiry date other than the expiration of the contract itself, and that having a percentage listed means that's the percentage of their remaining salary that they will additionally get with the bonus.

- Carmelo Anthony (lesser of 5% or $1 million)
- Ron Artest (15%)
- Andrea Bargnani (5%)
- Charlie Bell (15%)
- Shannon Brown (15%)
- Kobe Bryant (10%)
- Jose Calderon (10%)
- Eddy Curry (greater of 15% or $5 million)
- Sam Dalembert (15%)
- Tim Duncan (15%)
- Jeff Foster (lesser of 15% or $1 million)
- Pau Gasol (15%)
- Manu Ginobili (5%)
- LeBron James (15%)
- James Jones (15%)
- Chris Kaman (lesser of 15% or $4 million)
- Shawn Marion (15%)
- Roger Mason Jr (lesser of 15% or $375,000, but is expiring anyway)
- Antonio McDyess (10%)
- Yao Ming (15%)
- Chris Paul (15%)
- Morris Peterson (7.5%)
- Paul Pierce (8%)
- James Posey (10%)
- Joel Przybilla (15%)
- Brandon Roy (lesser of 15% or $4 million)
- Josh Smith (15%)
- Peja Stojakovic (10%)
- Amare Stoudemire (15%)
- Hedo Turkoglu (15%)
- Anderson Varejao (5%)
- Dwayne Wade (15%)
- Rasheed Wallace (15%)
- Luke Walton (7.5%)

[read full post]

   A History Of Cheesy And/Or Terrible Commercials Featuring NBA Players
2010-02-03

99) Another fake commercial, this time featuring Pat Burke, Steve Nash, James Jones, Alvin Gentry and Leandro Barbosa:



[read full post]


Miami Heat


Salaries    Roster    Free agents    Statistics    Heat blog
Schedule    Summer league    Training camp    Contact



Note: Non-US teams that the player has played for are, unless stated otherwise, from the top division in that nation. If a league or division name is expressly stated, it's not the top division. The only exceptions to this are the rare occasions where no one league is said to be above the other, such as with the JBL/BJ League split in Japan.


Follow this site on: