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Mar 30, 2017
4:29:38pm
OPINIONS All-American
This KSL article lays out Haywards contract options really well.
https://www.ksl.com/?sid=42729511&nid=304

I'm sure it's been posted already (It was published back in December), but I didn't see it if it was. So here it is again.

Ultimately, this is why I think Hayward comes back. And something I appreciate the NBA doing to enable small-market teams to hold onto their superstars.
If Hayward leaves, he leaves a staggering amount of money on the table.

If you don't want to read through the article, Hayward's options are basically:
1) Opt into player option, sign a max 5 year deal -- $236M guaranteed over 6 years, but only make $16M next year.
2) Opt out of player option, sign a max 5 year deal -- $179M guaranteed over 5 years, and makes $31M next year.
3) Leave the Jazz, sign a max 4 year deal elsewhere -- $133M guaranteed over 4 years, makes $31M next year.

There are some other creative options that involve signing 2 or 3 year deals for less guaranteed money, and gambling on himself to make the all-NBA team over the next 2 years and making him eligible for 35% of whatever team's salary cap, possibly making $300-350M over the next 7-8 years. I'm not sure he has to resign with the Jazz after 2-3 years to do some of the later options.

Best case scenario for the Jazz is probably Option #1, especially if they hope to make a run in the next 2-3 years.
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