Jarret Jack signs offersheet from Toronto

Wow....he will be stepping outta bounds north of the border

over 2 years ago 92wastheyear 11 comments 2 recs |

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http://www.blazersedge.com/2009/7/11/946214/jarrett-jack-receives-offer-sheet

by StinkyMojo on Jul 12, 2009 10:53 AM PDT reply actions

nevermind! He actually signed it =P

by StinkyMojo on Jul 12, 2009 10:54 AM PDT reply actions

I looked for it

but it had dropped off page already….sorry

"He wanted to come to a winner, Mrs. Turk wanted to go shopping….."
- Upper Left Corner

by 92wastheyear on Jul 12, 2009 11:11 AM PDT up reply actions

Dang it

Wow….he will be stepping outta bounds north of the border

When I saw your title, this was the first thing I thought. Nicely done.

I know less than half of you half as well as I should like, and I like less than half of you half as well as you deserve.

by haildablazer on Jul 12, 2009 12:05 PM PDT reply actions

Stepping outta bounds

that’s awesome. Too funny.

I missed a home game last year....I'm just now recovering!

by Brannon49 on Jul 12, 2009 4:52 PM PDT up reply actions

$5M/year on a 4year deal... is that what is being reported?

I can’t see the Blazers, had we kept Jack, being willing to pay that unless he had clearly beat out Blake for the starting position last year. He had his chance to do that and failed to make a strong case to replace Blake. Good that we moved him for value when we did. Now let’s hope he doesn’t blossom into a star while Bayless struggles to find a position. I still believe Bayless can be a “special fit”.

by 52therim on Jul 12, 2009 2:14 PM PDT reply actions

Where do these guys come up with the cap space?

They’ve signed Hedo, Jack and are reportedly looking at Kleiza. Do they just have a massive pile of exceptions stashed someplace?

by ninjasocks on Jul 12, 2009 2:17 PM PDT reply actions

They renounced man and mouse for Hedo and were close to $20 million under the cap

If you want to trade our spare parts for Devin Harris, I have three quarters I would like to trade for your dollar

by Norsktroll on Jul 12, 2009 2:35 PM PDT up reply actions

Actually, the Toronto Raptors never did get under the salary cap and acquired Hedo Turkoglu via ...

a sign-and-trade deal — whrein the incoming salaries don’t equal more than 125% + 100,000 of the outgoing salaries — by re-signing Shawn Marion and shipping him off to Dallas.

http://sports.espn.go.com/nba/news/story?id=4314637

As a result, the Raptors maintained its mid-level exception, bi-annual exception, Bird rights on Carlos Delfino, et cetera.

Regarding Jarrett Jack and the Toronto Raptors, a four-year, $20,606,080 offer sheet with a 17.5% signing bonus and annual salary decreases of 8% would look like the following.

Signing Bonus: $3,606,064
2009-2010: $4,952,484 (Cap Hit: $5,854,000)
2010-2011: $4,484,164 (Cap Hit: $5,385,680)
2011-2012: $4,015,844 (Cap Hit: $4,917,360)
2012-2013: $3,547,524 (Cap Hit: $4,449,040)

http://www.blazersedge.com/2009/7/11/946214/jarrett-jack-receives-offer-sheet#18116611

As it stands, the Raptors have used its mid-level exception to sign Jack to an offer sheet — which will probably go unmatched by the Indiana Pacers — and, subsequently thereafter, will target Linas Kleiza with its bi-annual exception or through a sign-and-trade deal with Denver.

Here, by the way, is a theoretical example of a sign-and-trade deal wherein Kleiza goes from Denver to Toronto.

Step #1: The Nuggets re-sign Kleiza to a three-year, $12,000,000 contract with non-escalating annual salaries of $4,000,000 per season.

FROM DENVER & TO TORONTO
Linas Klezia ($4,000,000) [Base-Year Compensation Player]
Steven Hunter ($3,696,000)

Outgoing Salaries: $5,696,000 X 125% +100,000 = $7,220,000
Incoming Salaries: $6,264,171

FROM TORONTO & TO DENVER
PG Marcus Banks ($4,553,793)
C Patrick O’Bryant ($855,189)
SG Quincy Douby ($855,189)
Cash Considerations ($3,000,000)

Outgoing Salaries: $6,264,171 X 125% +100,000 = $7,930,213
Incoming Salaries: $7,696,000

Quincy Douby, who has a non-guaranteed contract, would probably be waived by the Denver Nuggets, since it wouldn’t surprise me to see George Karl’s kid (i.e., Coby Karl) get a shot to make the team as the third-string shooting guard behind sharp-shooting sixth man J.R. Smith and whoever is signed to replace Dahntay Jones as the team’s starting defensive stopper on the wing (e.g., Ime Udoka).

Stupid people have stupid ideas.

by AK1984 on Jul 12, 2009 7:36 PM PDT up reply actions

Show Me The $$$ Jerry!

by jstbeachy on Jul 12, 2009 7:24 PM PDT reply actions

I'm glad for Jarrett

as much as he frustrated me sometimes (i.e. stepping out of bounds trying to make a move, bad turnovers late), he was definitely one of the toughest guys on our roster (I still recall him and Lamar Odom standing toe-to-toe a couple of years back, and still believe Jack would have bit Odom’s leg off), and always gave his all on the court. Congrats on the nice contract JJ!

"Smile! You're on a poster!!" - Mike Rice

by lefty6283 on Jul 12, 2009 7:56 PM PDT reply actions