Warren2ThaG Posted July 12, 2009 Report Share Posted July 12, 2009 http://www.jazzbots.com/web/wp-content/uploads/cache/180x0-02072009-paul-millsap.pngBlazers' offer to Paul Millsap has $10.3 million lure"The Trail Blazers four-year, $32 million offer to Utah power forward Paul Millsap is front-loaded with what is essentially a $10.3 million signing bonus that must be paid within the first seven days of the contract being approved, according to the player's agent. The Deseret News in Salt Lake City reported the specifics of the Blazers offer, which sheds some light on why a Blazers source initially termed the offer as "toxic." Utah has until Friday to match the offer. If Utah doesn't match, the Blazers reportedly will pay Millsap $6.2 million the first year, $6.2 million the second year, $6.7 million the third year and $7.2 million the fourth year. The deal comes with an up-front $5.6 million signing bonus and $4.7 million of the contract's first year salary. "We are definitely pleased with the offer -- pleased and excited," said agent DeAngelo Simmons. "Paul is excited that Portland showed that amount of interest. They really stepped up and saw his true value." The $10.3 million to be paid within seven days is a huge deterrent to a Jazz team that is already over the tax threshold for next season. The team is rumored to be trying to create cap space by trading Carlos Boozer and his $12.7 million salary, but the only way that tactic clears space is if they deal with a team under the salary cap. Out of the five teams that started the free agent period under the cap, only Oklahoma City has significant space remaining. Originally, the Blazers offered Millsap a three-year, $24 million deal, but a fourth year was added in order to increase the signing bonus. The league's collective bargaining agreement limits a signing bonus on an offer sheet to 17.5 percent of the deal. The money up front was important to Millsap, 24, because he has made the league minimum the past three seasons ($797,000 last season)."---http://blog.oregonlive.com/behindblazersbeat/2009/07/blazers_offer_to_paul_millsap.html Quote Link to comment Share on other sites More sharing options...
OldChili Posted July 13, 2009 Report Share Posted July 13, 2009 (edited) Huge raise for him. Edited July 13, 2009 by OldChili Quote Link to comment Share on other sites More sharing options...
Flight Posted July 13, 2009 Report Share Posted July 13, 2009 Walking out of the Rose Garden with a check for $10.3 million isn't too bad. I really hope Utah lets him go. Quote Link to comment Share on other sites More sharing options...
OldChili Posted July 15, 2009 Report Share Posted July 15, 2009 I really hope Utah lets him go.They'll probably have to. Quote Link to comment Share on other sites More sharing options...
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