Pelicans set to offer Davis 5/$140

[UK2K]

Per Marc Stein.

[Fudge]

:biggums:

[Jameerthefear]

Per Marc Stein.
Gosh

[Legends66NBA7]

Definitely going to be worth it.

[SourSamCassell]

Wait for the salary cap increase Anthony!

[beastee]

In all honesty...should he stay with the pelicans? Or should he wait til 2016 and test the market? The bulls will have cap space and he is from Chicago and they would basically have a dynasty. Thunder could be a good option to pair with either Westbrook or Durant, and all big market competitive teams would go nuts for him. I just am not sure Nola is a great career decision. Thoughts?

[WallIn]

140

:biggums:

[Budadiiii]

He's mentioned in the past it's all about the money for him.

I wouldn't sign the guy. He's not a classic winner.

[SourSamCassell]

In all honesty...should he stay with the pelicans? Or should he wait til 2016 and test the market? The bulls will have cap space and he is from Chicago and they would basically have a dynasty. Thunder could be a good option to pair with either Westbrook or Durant, and all big market competitive teams would go nuts for him. I just am not sure Nola is a great career decision. Thoughts?
Bulls amnesty Rose, trade Gasol for a good PG and sign AD

Or trade gasol and noah for Lamarcus aldridge, amnesty rose and sign AD

[ImKobe]

AD needs to get the hell out of New Orleans, that Front Office is tragic...

He's destined to be the next great big man for the Lakers.

[SugarHill]

In all honesty...should he stay with the pelicans? Or should he wait til 2016 and test the market? The bulls will have cap space and he is from Chicago and they would basically have a dynasty. Thunder could be a good option to pair with either Westbrook or Durant, and all big market competitive teams would go nuts for him. I just am not sure Nola is a great career decision. Thoughts?
Just pull a Melo and don't look back. Not a great career decision? 5/140 is an amazing career decision. :oldlol:

[Budadiiii]

Just pull a Melo and don't look back. Not a great career decision? 5/140 is an amazing career decision. :oldlol:
its only 28 mil a year...

Durant will be getting 40 mil a year for 5 years.

Will be known as the 200 million dollar man when he re-signs with OKC. Richest contract in NBA history.

[SourSamCassell]

He doesn't strike me as a person of character or controversy like Lebron... Much more submissive and passive in nature. He'll do what'll make people happy and that which won't tarnish his image. Afraid to get himself dirty.

That's why I can appreciate Lebron as a character that much more. He makes the right decisions for his own personal benefit. Not afraid to shit in the mouths of fans and critics. He makes his own legacy, he doesn't let others influence it for him... Pressuring him to do things that he wouldn't want to do or is not in his best interest per his individual success and prosperity.

[SugarHill]

its only 28 mil a year...

Durant will be getting 40 mil a year for 5 years.

Will be known as the 200 million dollar man when he re-signs with OKC. Richest contract in NBA history.
only :roll:

[RRR3]

He's worth it. Just turned 22 years old and already arguably top 3 in the world

[DeuceWallaces]

I think it would be stupid to resign with them. Whole franchise is a train wreck. Ride out his rookie deal, and sign a max contract under the new cap/CBA with a quality organization.

[Micku]

I would like to see him with the Spurs and see him and Leonard play together with Pop coaching.

[Taller than CP3]

That's a lot of money for someone who can't even get out of the first round.

[r0drig0lac]

I would like to see him with the Spurs and see him and Leonard play together with Pop coaching.
Green/Kawhi/Davis/Splitter? good luck NBA

[Beastmode88]

its only 28 mil a year...

Durant will be getting 40 mil a year for 5 years.

Will be known as the 200 million dollar man when he re-signs with OKC. Richest contract in NBA history.

Thats terrible for okc. They wont have a 2nd superstar option with those cheap owners.

[SugarHill]

Green/Kawhi/Davis/Splitter? good luck NBA
stats drop to 16/9/2

[r0drig0lac]

stats drop to 16/9/2
20/11/3/1/2

[Budadiiii]

Thats terrible for okc. They wont have a 2nd superstar option with those cheap owners.
Who cares about the rest of the team. Hero ball for dayz mang. :dancin

Only way to make a name for yourself on here is to stan one guy and stick with him no matter what.

No one knows who beastmode77 is, because you ain't stanning hard enuff

[SourSamCassell]

Entroducing infamous

[KG215]

I think it would be stupid to resign with them. Whole franchise is a train wreck. Ride out his rookie deal, and sign a max contract under the new cap/CBA with a quality organization.
It's not going to matter if New Orleans decides to match whatever deal he signs elsewhere.

[imnew09]

Da fuuuu 140mil for 5 yrs now?!!! Time to impregnant some black athlete women

[dunksby]

Pelicans are not going to let go of him, he is going to be a proper superstar in two years.

[SourSamCassell]

Davis be like: https://www.youtube.com/watch?v=TeXatquVqAc

[veilside23]

is it true that its all about the money for him ? chicago is his hometown right? why not go there test if the front office will try to put up a contender for him...

rose
jimmy butler
whoever
anthony davis
noah..

tom thibodeau

that's all that he needs to know ... a healthy drose with anthony davis and butler in the east is better than kahwi splitter and green.. even if pop is the coach.

hell a healthy drose , butler and davis is arguably the best team in the east... assuming lebron doesnt get another top superstar as his sidekick.. that's not a reach for crying out loud.

wait it out young fella...

[LoneyROY7]

Who cares about the rest of the team. Hero ball for dayz mang. :dancin

Only way to make a name for yourself on here is to stan one guy and stick with him no matter what.

No one knows who beastmode77 is, because you ain't stanning hard enuff

:oldlol:

[UK2K]

AD needs to get the hell out of New Orleans, that Front Office is tragic...

He's destined to be the next great big man for the Lakers.

I dont even like the Lakers, but thats where he belongs.

Davis in LA would be sick.

[Giaodollo]

wait it out young fella...

He can't he is a RFA, earliest he can get to Chi is after his 9th year.

I posted this in another thread..


If we assume the maximum stays the same for players in their 5th year which would allow Anthony Davis to be offered 25% of the salary cap for the Pelicans.

With a 4.5 % yearly increase his salary should start at around 24-25 millions which means the salary cap is at around 95 millions a year in 2016/17.

If it is at 95 millions LeBron James could possibly be offered a contract starting at 34 million dollars with a 4.5% yearly increase.


I didn't account for the Rose rule which could make him eligable for a 5/30% contract which may be what the whole deal is based on..

So with that in mind I guess the Cap space would be at around 80 instead of 95. I have just done quick head math so the numbers are nowhere to accurate.

Which would put LeBron's max deal starting at 28-29 millions.

[Asiantastic]

AD needs to get the hell out of New Orleans, that Front Office is tragic...

He's destined to be the next great big man for the Lakers.

A Davis/Randle front court... :bowdown:

[Spurs5Rings2014]

Who cares about the rest of the team. Hero ball for dayz mang. :dancin

Only way to make a name for yourself on here is to stan one guy and stick with him no matter what.

No one knows who beastmode77 is, because you ain't stanning hard enuff

:lol

[Fudge]

Who cares about the rest of the team. Hero ball for dayz mang. :dancin

Only way to make a name for yourself on here is to stan one guy and stick with him no matter what.

No one knows who beastmode77 is, because you ain't stanning hard enuff
:lol :lol :lol

[Bandito]

$140 for 5 years? He is worth way more than that.

[Marchesk]

He's destined to be the next great big man for the Lakers.

Kobe's too old to be carried.

[HomieWeMajor]

Great time to be a young tall black man in America. :applause:

[bballnoob1192]

I dont even like the Lakers, but thats where he belongs.

Davis in LA would be sick.
He needs to go to the lakers to make that big step into Superstardom/household name. also maybe a beverly hills makeover for his mug :lol

[Mr Feeny]

Definitely going to be worth it.

This. He's worth every penny. He'll almost certainly be a perennial player of the year candidate.

[UK2K]

He can't he is a RFA, earliest he can get to Chi is after his 9th year.

I posted this in another thread..


I didn't account for the Rose rule which could make him eligable for a 5/30% contract which may be what the whole deal is based on..

So with that in mind I guess the Cap space would be at around 80 instead of 95. I have just done quick head math so the numbers are nowhere to accurate.

Which would put LeBron's max deal starting at 28-29 millions.

Yeah, something along the lines of being an all-star and getting so many awards allows teams to offer bonus bucks.

[UK2K]

Because Davis was elected by the fans to start in February's All-Star Game, and since he is expected to earn All-NBA first-team honors when voting results are announced soon, New Orleans will have the ability to include a provision in the deal that entitles Davis to start his max deal at 30 percent of the league's salary cap as opposed to a mere 25 percent provided he is an All-Star starter or makes All-NBA next season as well.

And thanks to the league's most recent salary cap projections -- which will spike dramatically when money starts flowing in from the NBA's new nine-year, $24 billion TV deal that kicks in starting with the 2016-17 season -- Davis is on course to be presented with a five-year offer that will eventually top $30 million annually and potentially stray north of the $140 million mark in total value.

Found it.

[bdreason]

Why do people trash talk the Pelicans GM/owner? If anything they're guilty of spending too much money, too soon. That Pelicans roster has plenty of talent, just not the right mix. One solid trade and the Pelicans could move up into that 5-7 seed out West, which is impressive considering the teams out West.

[thefatmiral]

he should go to the spurs as soon as he can. leonard and davis would be a dynasty.

[DeuceWallaces]

Why do people trash talk the Pelicans GM/owner? If anything they're guilty of spending too much money, too soon. That Pelicans roster has plenty of talent, just not the right mix. One solid trade and the Pelicans could move up into that 5-7 seed out West, which is impressive considering the teams out West.

They have a mis-match of talent and an idiot coach in an irrelevant city and made the playoffs due to other teams injuries. He would be wise to wait them out and join a new team under the new CBA and cap with proven, competent ownership.

[UK2K]

They have a mis-match of talent and an idiot coach in an irrelevant city and made the playoffs due to other teams injuries. He would be wise to wait them out and join a new team under the new CBA and cap with proven, competent ownership.
That's unfair.

It doesn't matter why they made the playoffs, they made it. You think OKC was the only team to have injuries? With one trade they could have won a fee more games and that's all it takes to get HCA out west.

[Giaodollo]

They have a mis-match of talent and an idiot coach in an irrelevant city and made the playoffs due to other teams injuries. He would be wise to wait them out and join a new team under the new CBA and cap with proven, competent ownership.

As several posters already pointed out he can't leave unless Pelicans lets him leave. And you can surley understand that something like that is ever going to happen. Whatever he is offered Pelicans will match even if it is 5/30%.

So people should forget about him leaving until his next contract year which is 2022 or around that.

[UK2K]

As several posters already pointed out he can't leave unless Pelicans lets him leave. And you can surley understand that something like that is ever going to happen. Whatever he is offered Pelicans will match even if it is 5/30%.

So people should forget about him leaving until his next contract year which is 2022 or around that.
Out of curiousity...

What if he didnt sign a contract? Like, at all. Wont sign with anyone, wont sign the 5 year deal the Pelicans can offer.

What then? Can you do that? Refuse to sign with your team and then when your contract is up, go somewhere else? Or is he a RFA for all time until he finally decides on a place to sign, be it a week after the season or a week before the season starts?

[bdreason]

They have a mis-match of talent and an idiot coach in an irrelevant city and made the playoffs due to other teams injuries. He would be wise to wait them out and join a new team under the new CBA and cap with proven, competent ownership.


The new owner has shown a willingness to spend. The coach is easily replaced. LeBron James plays in Cleveland and Kevin Durant plays in Oklahoma City... both 'irrelevant' cities.

Davis has also shown to be injury prone, and would be wise to lock up as much guaranteed money as he can, as soon as he can. He can ring chase in another 5-6 years when he's 27-28 if he wants.

[bdreason]

Out of curiousity...

What if he didnt sign a contract? Like, at all. Wont sign with anyone, wont sign the 5 year deal the Pelicans can offer.

What then? Can you do that? Refuse to sign with your team and then when your contract is up, go somewhere else? Or is he a RFA for all time until he finally decides on a place to sign, be it a week after the season or a week before the season starts?


Next season he's under contract. The following season he will be a RFA, and obviously the Pelicans will match any offers. He would have to wait until the 2017/18 season to become an UFA.

[gilalizard]

Da fuuuu 140mil for 5 yrs now?!!! Time to impregnant some black athlete women


Yeah, but the payoff would be a good 20+ years off if you knocked her up today.

Good for the retirement sure, but that's a looooong road til then. And still a gamble really. Who knows what trouble the damn kid will get into. And even if the kid keeps it together, the fun part of your life is basically over.

Better to marry into it if you can. Find a soon-to-be star with an absent father and romance the mama. Da Real Lambo style.

[Johnny Jones]

They have a mis-match of talent and an idiot coach in an irrelevant city and made the playoffs due to other teams injuries. He would be wise to wait them out and join a new team under the new CBA and cap with proven, competent ownership.
man youre ****ing stupid. A healthy Jrue Holiday and this team has 50 wins easy.

[Giaodollo]

Out of curiousity...

What if he didnt sign a contract? Like, at all. Wont sign with anyone, wont sign the 5 year deal the Pelicans can offer.

What then? Can you do that? Refuse to sign with your team and then when your contract is up, go somewhere else? Or is he a RFA for all time until he finally decides on a place to sign, be it a week after the season or a week before the season starts?

He'd then sign his 5th year with Pelicans, a qualifying offer... But he'd lose out on over 15-16 millions.

[DMAVS41]

man youre ****ing stupid. A healthy Jrue Holiday and this team has 50 wins easy.

And?

I mean...they do have a pretty awkward cap situation. 50 wins gets you the 7th seed in the West with little chance to advance.

Making the playoffs was nice, but as I've been saying for 2 years...the over/under on playoff series wins for this team for the last 2 years and the next year is .5...

Likely they don't win a series until 2017.

Just more reason why they shouldn't have rushed the process.

What do you do with Asik now? They gave up a first rounder for him.

Jrue Holiday was a non factor for this team this year. I like him as a player actually, but imagine this team having Noel and a lottery pick from last year on the roster going forward...

It's not the worst situation ever, but it's not great either.

They clearly have the wrong coach (likely staying now) and the wrong pieces around Davis.

And after next year...they will likely have a completely different team as Gordon and Andersen expire next summer.

So, if they don't make a run next year...will have traded Noel, a lottery pick, and another first rounder for essentially nothing of future value. Also, will have to sit through Evans/Holiday taking up 21 million of cap through 2017.

That isn't as terrible now as it was at the time given the increases coming, but it's hardly ideal.

Luckily because Davis is so freaking amazing...retooling an entire roster around him won't be hard, but having in house assets like Noel, lottery pick, and another first rounder to aid that process would have been huge.

[UK2K]

Next season he's under contract. The following season he will be a RFA, and obviously the Pelicans will match any offers. He would have to wait until the 2017/18 season to become an UFA.
I know, but what if he didn't accept the contract?

Someone has to offer him a contract right? Say its the Lakers. Can he decline it? If they offer him a contract, he is forced to take it no matter what cause the Pelicans will match?

I mean, totally hypothetical, but say he doesn't accept it and his rookie contract ends and he just doesn't sign with anyone, what then?

I've always wondered this and never thought to ask.

[UK2K]

He'd then sign his 5th year with Pelicans, a qualifying offer... But he'd lose out on over 15-16 millions.
Ahh...

But, he could theoretically leave after 5 years then?

[Draz]

But he's worth it.

[Giaodollo]

Ahh...

But, he could theoretically leave after 5 years then?

Theoretically yes, but I am going to go ahead and assume he has an agent which means he is most likely going to take it.

[Cone]

He's worth it. Just turned 22 years old and already arguably top 3 in the world

only 22? wow.

[bdreason]

I know, but what if he didn't accept the contract?

Someone has to offer him a contract right? Say its the Lakers. Can he decline it? If they offer him a contract, he is forced to take it no matter what cause the Pelicans will match?

I mean, totally hypothetical, but say he doesn't accept it and his rookie contract ends and he just doesn't sign with anyone, what then?

I've always wondered this and never thought to ask.


If he's offered a contract during RFA, and he accepts the offer, the Pelicans can match. If he wants to pick his team, he'll have to decline all offers in RFA, accept the qualifying offer from the Pelicans (around $9m) and become a UFA the following season (17-18).

There's a lot of risk with that strategy though. First, he's spending the next two years without a long term deal. If he gets injured, it could cost him hundreds of millions. Secondly, he'll only be making $8-9m per over the next two years, when he could be making close to double that if he signs an extension.

[Giaodollo]

If he's offered a contract during RFA, and he accepts the offer, the Pelicans can match. If he wants to pick his team, he'll have to decline all offers in RFA, accept the qualifying offer from the Pelicans (around $9m) and become a UFA the following season (17-18).

There's a lot of risk with that strategy though. First, he's spending the next two years without a long term deal. If he gets injured, it could cost him hundreds of millions. Secondly, he'll only be making $8-9m per over the next two years, when he could be making close to double that if he signs an extension.

QO is only one year. Not two.

[UK2K]

If he's offered a contract during RFA, and he accepts the offer, the Pelicans can match. If he wants to pick his team, he'll have to decline all offers in RFA, accept the qualifying offer from the Pelicans (around $9m) and become a UFA the following season (17-18).

There's a lot of risk with that strategy though. First, he's spending the next two years without a long term deal. If he gets injured, it could cost him hundreds of millions. Secondly, he'll only be making $8-9m per over the next two years, when he could be making close to double that if he signs an extension.

QO would be one year....

Another team could only offer him four years right?

So he'd lose out on a few million this year but get to play in an LA or NYC?

I feel like that's an even trade off given the marketing value.

Or am I still not getting it?

Plus if he took a QO next season, he could cash out the year after with a fat contract no?

[Wiltside]

They need to give him as much as they can.

[coin24]

Take the $$..

Yeah NO is fu*ked, but gets to be the man and get paid..
Surely they can sign a couple of better FA to surround him with:confusedshrug:

[hawksdogsbraves]

Take the $$..

Yeah NO is fu*ked, but gets to be the man and get paid..
Surely they can sign a couple of better FA to surround him with:confusedshrug:

Yeah it's not really that bad of a situation for him.

A lot of it is health, Gordon showed us what he can do if he's healthy. Holiday has got to get healthy too. Once the cap goes up they'll be able to bring in another big name FA, I'm sure someone will spring at the opportunity to play alongside Davis for his prime years.

[dzav323]

If the Pels can add a 3 & D SF and a 5 who can catch the ball and finish (aka not Asik), and maybe trade one of Anderson, Tyreke, or Gordon for one of the above, they can move into the 4-6 range in the West.

[DMAVS41]

If the Pels can add a 3 & D SF and a 5 who can catch the ball and finish (aka not Asik), and maybe trade one of Anderson, Tyreke, or Gordon for one of the above, they can move into the 4-6 range in the West.

Looks like they won't sign Asik...which hurts because they lost a first rounder.

Their best bet would be to trade Gordon to a team that wants to shed money.

It's hard because they are kind of stuck in a tough spot...and the last thing they need to do is panic and make a trade/deal for a player on a long term contract they aren't sold on.

They need to get a lot better defensively. Just removing Gordon off the defense will help.

Maybe they could ship Gordon or something like that for Hibbert/Mahinmi...assuming Gordon/Hibbert pick up their options.

Indy seems done with Hibbert and I think Hibbert would help the Pels more than Gordon.

Then use any cap space on getting another guard and a 3 and D player.

Demarre Carroll would be perfect. Maybe Brewer or Crowder if he's too expensive.

Maybe Afflalo or Shump as well.

Not sure...but for as much shit as Hibbert takes, he and Davis might be pretty damn good together. And Mahinmi can play as well.

Holiday/Evans/Cole
Afflalo/Evans
Carroll/Pondexter
Davis/Anderson
Hibbert/Mahinmi

Have no idea if Carroll is possible, but someone like him would be huge for them.

Not bad actually...not bad at all.

[bobopenguin]

well, let's say, if he is in LA or NYC.. he will be far more worth than that. go to LA, Davis. NYC already has Melo:oldlol:

[ILLsmak]

dude balled out vs the Warriors. Not great D but on O he really was amazing. I am still amazed he turned into such an offensive monster. He's wet, he can finish with finesse... dunks, drives... yea he's worth it.

-Smak

[Eric Cartman]

Lucky ass Pelicans.

[veilside23]

Looks like they won't sign Asik...which hurts because they lost a first rounder.

Their best bet would be to trade Gordon to a team that wants to shed money.

It's hard because they are kind of stuck in a tough spot...and the last thing they need to do is panic and make a trade/deal for a player on a long term contract they aren't sold on.

They need to get a lot better defensively. Just removing Gordon off the defense will help.

Maybe they could ship Gordon or something like that for Hibbert/Mahinmi...assuming Gordon/Hibbert pick up their options.

Indy seems done with Hibbert and I think Hibbert would help the Pels more than Gordon.

Then use any cap space on getting another guard and a 3 and D player.

Demarre Carroll would be perfect. Maybe Brewer or Crowder if he's too expensive.

Maybe Afflalo or Shump as well.

Not sure...but for as much shit as Hibbert takes, he and Davis might be pretty damn good together. And Mahinmi can play as well.

Holiday/Evans/Cole
Afflalo/Evans
Carroll/Pondexter
Davis/Anderson
Hibbert/Mahinmi

Have no idea if Carroll is possible, but someone like him would be huge for them.

Not bad actually...not bad at all.

that's what am saying ... people was high on asik thinking he was the perfect compliment to davis .. no he is not.. dude would have been nice if he had some offense on him ...

i like that fact they could get hibbert. its just sad what they've done with the trade for noel. i know the league is filled with stud pg's but if jrue wont be healthy long enough then they wasted what could have been the best twin tower in recent years.

AD/Noel >>> Blake/DJ

now philly will have that luxury assuming embiid turns out like the noel situation where he needed a year of rest.

id rather have gordon than tyreke

such wasted pick could have been used to get a guy like johnson or winslow. and it sucks they only have 1 pick in this years draft and they would need a miracle ala ginobli or isiah thomas kinda pick..

[DMAVS41]

that's what am saying ... people was high on asik thinking he was the perfect compliment to davis .. no he is not.. dude would have been nice if he had some offense on him ...

i like that fact they could get hibbert. its just sad what they've done with the trade for noel. i know the league is filled with stud pg's but if jrue wont be healthy long enough then they wasted what could have been the best twin tower in recent years.

AD/Noel >>> Blake/DJ

now philly will have that luxury assuming embiid turns out like the noel situation where he needed a year of rest.

id rather have gordon than tyreke

such wasted pick could have been used to get a guy like johnson or winslow. and it sucks they only have 1 pick in this years draft and they would need a miracle ala ginobli or isiah thomas kinda pick..

Yep...they essentially traded Noel, lottery pick, and a first rounder for Holiday and a half year rental of Asik.

Luckily, it won't kill them. It hurts...it hurts them a lot going forward, but it's not death.

I think they have to trade Gordon. He's an expiring contract assuming he picks up his option...and they badly need to improve the defense.

They also badly need to sign a 3 and D guy at the small forward position. Carroll would be a dream on this team.

You get Carroll, sign a sg like Shump or somebody similar...and trade Gordon for something...

Then you've got some stuff to work with.

But yea...obviously if they had Noel and those extra two picks they'd be in a far better position.

[poido123]

Pelicans had to do this. good move.


AD is worth every dollar. He provides so much impact.


I wish the Bulls could get him somehow.

[MJ(Mean John)]

Time out. I don't think they can offer him that money.

they are limited in how much they can offer a 3 year player.

The only way in which i Could see them doing so is the Drose rule.

Even then. it would be 30% of the cap. Now, next year's cap wont be close to 90 mil. So, I don't see how he can hit that number.

Anyway, Pel's are wack. Jrue and Tyreke are wack. If they can get a legit Wing player on that team, ala Jimmy or KL, and add a Tyson Chandler, who can bang next to AD and add a Korver, man this team can compete for 'chips.

[UK2K]

Time out. I don't think they can offer him that money.

they are limited in how much they can offer a 3 year player.

The only way in which i Could see them doing so is the Drose rule.

Even then. it would be 30% of the cap. Now, next year's cap wont be close to 90 mil. So, I don't see how he can hit that number.

Anyway, Pel's are wack. Jrue and Tyreke are wack. If they can get a legit Wing player on that team, ala Jimmy or KL, and add a Tyson Chandler, who can bang next to AD and add a Korver, man this team can compete for 'chips.
It was explained on the previous page of this thread.

Yes they can offer him that much.

My bad, two pages before.

[bdreason]

QO is only one year. Not two.

I realize that, but he's still under contract for 2 years. Next year, and then the following year would be his QO year.

[Giaodollo]

I realize that, but he's still under contract for 2 years. Next year, and then the following year would be his QO year.

Yeah, right..But I don't think this contract takes affect until after his fourth year anyway.

I don't know if you meant that the contract starts right away but anyway the potential loss in salary is ~15 for the first year + he'd be one year behind on every 4.5% yearly increase on top of not getting the extra year he can get with pelicans which also provides security in case of injury.

But anyway... yeah you are right.