What is the difference between the amount of money Toronto can offer Chris Bosh and the amount some other team can offer?
Chris Bosh can earn a max contract which can be up to 30% of the salary cap. Since we don’t know the exact salary cap figure, we can’t give exact figures for Bosh’s salary, but we can effectively ball park the figure.
For the purposes of this example, we’ll assume a nice round figure of $60 million for the salary cap in 2010.
Some Other Team Offers Bosh A Max Contract
A salary starting at $18 million, at 8% increases per annum, for five years.
Year One: $18,000,000
Year Two: $19,440,000
Year Three: $20,880,000
Year Four: $22,320,000
Year Five: $23,760,000
Therefore, the offer is worth $104.4 million.
The Toronto Raptors Offer Bosh A Max Contract
A salary starting at $18 million, at 10.5% increases per annum, for six years.
Year One: $18,000,000
Year Two: $19,890,000
Year Three: $21,780,000
Year Four: $23,670,000
Year Five: $25,560,000
Year Six: $27,450,000
Therefore, the offer is worth $136.35 million.
Ergo, under a $60 million cap, the difference in the two contracts is about $32 million.
Chris Bosh will only pass up that type of money if he is appalled with the direction and future of the Toronto Raptors (in other words, Bryan Colangelo).
I use a strong word like appalled purposefully, for emphasis of how strong Bosh’s negativity needs to be … because if Bosh is only somewhat concerned about Colangelo’s running of the club I cannot see him passing up that type of money.
I think it has to be an utterly miserable, borderline depressive state, for Bosh to pass up on $30+ million.
The type of unhappiness I’m talking about — For the duration of the six year contract, nevermind competing for a Title, Chris Bosh isn’t even convinced his Raptors will win a first round series in the near future — that type of unhappiness … the type of unhappiness that rules any financial benefits meaningless.
Outside of that extreme possibility, Chris Bosh is resigning with the Toronto Raptors.
If Bryan Colangelo co-operates with a sign and trade.
Under these circumstances, Chris Bosh would be able to receive the same contract he’d get from Toronto but join a new club, in other words he wouldn’t have to give up any money and he’d simply choose the best opportunity for him … which is highly unlikely to be Toronto.
In a sign and trade, the Raptors will likely receive a massive trade exception because Bosh will likely be joining someone like Miami who are under the cap — no need for salaries to match when trading to a team below the cap = no salaries, or a little salaries, given in return = trade exception — In conjunction with that trade exception, the Raps could receive a first round pick or two, or if they get really lucky the may be able to get their hands on a prospect like Michael Beasley.