 Sham's 2010 NBA Draft Night Recap, Part 1
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| 2010-06-27 |
Wall should pair up fairly well with Gilbert Arenas, and the Wizards should be a good full court team. Neither player is a great point guard in the half court, but in that regard they can help each other, and Wall should help Arenas rebuild his value (so that he may then be dealt.) Wall's jumpshot is not all there, but the form is solid, and thus it should be something he can easily develop. And while he has the tendency to drift defensively and doesn't do a particularly good job of keeping opposing slashers out of the lane, he has the athleticism to make up for it and win possessions. His flaws are fixable, and his strengths are strong indeed.
[...]
Jon Barry wonders allowed whether Gilbert Arenas can guard opposing shooting guards. That's an easy one, Jon: no he can't. But he couldn't guard opposing point guards anyway. More importantly, this is the number 1 pick; your task is to get the best player in the draft, for now and for forever. You can work the rest out later. (And besides, they're getting Kurt. He's defended two guards for 7 years.)
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Anthony Morrow's impending free agency
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| 2010-05-10 |
[...] Whichever of the three he does, Morrow cannot sign for a contract that starts at higher than the value of the MLE. This is due to what is known informally as the "Gilbert Arenas Rule".
The Gilbert Arenas Rule is so named because of the case of Gilbert Arenas back in the summer of 2003. Arenas was in the same situation as Morrow; his first contract was a two year minimum, and when it ended, he became a restricted free agent. However, Arenas was about 47 times better than Morrow at the time of his free agency, so when Washington signed Arenas to an offer sheet that summer, they signed him to a contract that started much bigger than the MLE.
From what we learnt above, with the Morrow case, we learned that played with only two years of experience are only Early Bird free agents. We also learned that the Early Bird exception allows you to re-sign players for up to the value of the full MLE in the first year, but not for more than that. Furthermore, it is of course self-evident that the MLE is equal to the value of the MLE; therefore, when Washington signed Arenas to an offer sheet for $19 billion in the first year or whatever it was, then Golden State had no means with which to match it. Gilbert was a restricted free agent, which meant Golden State had the right to match any offer if they could......but they couldn't. They did not have the necessary salary cap mechanisms with which to do so. The Early Bird exception wasn't big enough, the MLE wasn't big enough, and they didn't have any cap room. So they lost out, and Gilbert went to Washington.
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Chicago's Meticulously Crafted 2011 Offseason Plan That Relies An Awful Lot Upon Guesswork
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| 2011-06-09 |
[T]he amnesty clause (that we're having to pretend will exist here, but which almost certainly will exist in some form) will further expand the range of available talents. A lot of decent players are going to become available, not because they can't play the game, but because they can't justify their contract. A lot of the candidates are obvious and inevitable, some perhaps less so. Here's a potential list:
- Orlando: Gilbert Arenas and Chris Duhon - Wouldn't you? A hard cap is coming and Dwight Howard might be leaving.
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The NBA’s best unsigned free agents
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| 2012-01-23 |
Gilbert Arenas — One of seven designated amnesty players this offseason, Hibachi is finally free from the monumental burden that was his monumental contract. Even then, however, no one seems to want him. As much as Gilbert has declined, he has never declined to the point that he is no longer an NBA talent. He is, however, seemingly not good enough any more to overcome his reputation.
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Where Are They Now, 2010; Part 7
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| 2010-01-07 |
Gilbert Arenas was suspended indefinitely today, where "indefinitely" is implied to mean "for the rest of the season at least." I don't really have an opinion on that, apart from to state the obvious. Which I won't do.
But here's one thing to note; the financial repercussions of the suspension.
Disregarding the possible voiding of the contract for a moment - I'm not a lawyer and won't profess to understand all the technicalities behind this - the suspension impacts the Wizards' current salary situation too. As things stand, the Wizards are about $8 million over the luxury tax threshold, and with no obvious means of getting under it. The players they want to dump (Mike James, DeShawn Stevenson) are undumpable, and they have nine players earning $3 million or more, tied with Portland for second in the league (the Knicks have ten). But this suspension gives them a means with which they can get nearer to getting under it.
50% of money not received by players suspended by the league is deducted from the team's cap. If a player loses an even $1 million in salary through suspension, then a team can deduct $500,000 from their salary cap number (and thus their luxury tax calculations). So by being suspended, Arenas has inadvertently aided the Wizards in their previously futile quest to dodge the luxury tax.
One thing I don't actually know is whether salary lost due to suspension is calculated based on games or days missed. It doesn't make a huge amount of difference to the general point though. So far in the season, 71 days have passed (not including today), and the Wizards have played 32 games. Therefore, regardless of whether you use 32/82nds of Gilbert's $16,192,079 salary ($6,318,860) or 71/170ths ($6,762,574), the fact remains that the suspension will cost Gilbert over $9 million if it is season long.
So if Arenas is indeed suspended for the remainder of the season, the Wizards will get about $4.5 million nearer to dodging the luxury tax. At that point, it becomes attainable.
How do the Wizards feel about this? Happy, surely. Must be. They needed to blow the team up because they built a bad one. They were losing, woefully underachieving, ill-fitting and WAY over budget. They mismanaged it badly, spending money badly and wasting basketball assets, compiling an inefficient roster of shooters and sulkers, and they were the most fail franchise in the NBA. Even moreso than the 3-31 Nets, who at least and a plan and some youth. Now, they've gotten an out clause. The Lord had mercy. Not sure why.
Sucks for the fans, though. The fans always are the victims. Sorry, people. Maybe next year.
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Note: Non-US teams that the player
has played for are, unless stated otherwise, from the top division in
that nation. If 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 inJapan.
In the event where more than one agent is listed, this is because the
player has more than one agent. This is rather commonplace - a lot of
times, a player will sign with a big agency, and they will have both primary
and secondary agents from within that agency to handle their affairs.
(Where that happens, the primary agent is listed first.) Also, foreign
players tend to have both American and domestic agents. Where the details
of such are known, they are listed.
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