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Post by redauerbachsghost on Sept 29, 2024 15:18:22 GMT -5
DeMar, we at the Golden State Warriors love you and would like you to remain a Warrior for a very long time. With that in mind, we would like to offer you a maximum 5 year contract extension, with 8% increases each year, and a player option in your final year. Please let us know your thoughts soon.
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Post by CC06 on Oct 2, 2024 8:23:18 GMT -5
DeMar, we at the Golden State Warriors love you and would like you to remain a Warrior for a very long time. With that in mind, we would like to offer you a maximum 5 year contract extension, with 8% increases each year, and a player option in your final year. Please let us know your thoughts soon. Thanks for opening up the negotiations. After a massive leap in his third professional season, we feel DeMar has earned consideration for the super-max, which would equate to a 30% maximum contract if he manages to make an All-League team in 2012. If he didn't, it would default back to the contract you offered. He did not make it in 2011, so this could be seen as unlikely, but with another jump in production it's surely possible. With the projected cap figures for 2013, this would look like the following:
| 25% Max | 30% Super-Max | | Year 1 | $16,798,750 | $20,158,500 | | Year 2 | $18,142,650 | $21,771,180 | | Year 3 | $19,486,550 | $23,383,860 | | Year 4 | $20,830,450 | $24,996,540 | | Year 5 (PO) | $22,174,350 | $26,609,220 | | TOTAL | $97,432,750 | $116,919,300 |
Is this agreeable to you? |
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Post by redauerbachsghost on Oct 3, 2024 21:36:50 GMT -5
The Golden State Warriors accept your terms. Welcome home DeMar.
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Post by CC06 on Oct 5, 2024 10:51:24 GMT -5
The Golden State Warriors accept your terms. Welcome home DeMar. 5 years, $97,432,750 (with the possibility of rising to $116,919,300) with a player option in the fifth year. |
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