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Post by New Jersey Nets on Sept 12, 2008 18:20:29 GMT -5
We would like to offer Head this contract
Offer: $7,200,000 for 5 years
Year 1 = 500,000 Year 2 = 1,000,000 (PO) Year 3 = 1,500,000 Year 4 = 2,000,000(PO) Year 5 = 2,200,000
Total Salaries:
2008/2009 = $67,25,4560 2009/10 = $36,934,380 2010/11= $21,936,260 2011/12 = 2,500,000 2012/12 = $2,200,000
Luther Head would be our back up SG for sure and we want him as he would be a key player, if someone gets injured he would start and would be a great player to put in someone's place if he gets injured...plus he would go to a contender and would have high chances to win a title...and since that he is still young he could be our 6th man if we cant sign Thomas for now.
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Post by Utah Jazz on Sept 12, 2008 22:11:02 GMT -5
After talking to my client, Luther feels quite insulted by your offer. He is worth a lot more than the league minimum, and thinks he could get more money from a younger team that he could be a part of. He would prefer to start on a young, rebuilding team, than to come off the bench for a contender.
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Post by New Jersey Nets on Sept 12, 2008 22:22:46 GMT -5
That offer wass pretty much an offer to "start" negotiations...since that no one showed interest in him I decided to offer that cuz it might be a bad offer but its not that lowball...
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Post by Utah Jazz on Sept 12, 2008 22:25:24 GMT -5
You could continue to negociated, but Luther would want 2mil/year at the very least, but he'd expect more if he is to sit on the bench.
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Post by Houston Rockets on Sept 13, 2008 15:41:36 GMT -5
The Houston Rockets Organization would like to extend the following offer to Luther Head:
5 years $15,000,000
Year 1: $3,000,000 Year 2: $3,000,000 Year 3: $3,000,000 Year 4: $3,000,000 Year 5: $3,000,000
Team Salaries (after contract) 09/10: $65,067,533 10/11: $48,000,000 11/12: $32,500,000
We would like to extend this offer to Luther Head. He will be able to play alonside Jameer, Iggy, and Big Al. He will be the starting SG for this team at the beginning of the season, and will have his chances to prove that he belongs there the whole season. We feel that in either role, he will succeed in this system. His scoring is needed on this young and talented team. We look forward to hearing from Mr. Head
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Post by Houston Rockets on Sept 14, 2008 11:29:34 GMT -5
updated our offer, as Head will start off the season with the starting SG role. He will have his opportunities to keep this role throughout the season
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Post by Utah Jazz on Sept 14, 2008 20:38:51 GMT -5
After talking with Luther, he stated he would like a PO in the 2nd year, because he thinks that he is capable of playing up his value. He would sign for 2mil the 1st year, but would like to have a chance to raise his value. If he gets about a 5 year, $15million contract, he would be more content and wouldn't worry about options or not.
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Post by Houston Rockets on Sept 14, 2008 20:40:50 GMT -5
The Houston Rockets would agree to give Luther the 5 years $15,000,000 that he is asking for.....the offer has been modified to reflect that
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Post by Utah Jazz on Sept 14, 2008 21:02:47 GMT -5
Since he really hasn't had much offers beside 2, he will sign with the Rockets and their young core.
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Post by Houston Rockets on Sept 14, 2008 21:03:50 GMT -5
welcome to the Rockets Luther!
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