Quoting: Garak
Well, that is a trick of the eye, though. The cap may be going up, but most cap hits are negotiated as a percentage of the teams total salary cap. As a percentage, salaries won't be rising as much as you think. But yes, they will be going up.
Also, if I am Mercer, I'm betting on myself and doing a bridge deal. Because he has the potential to be in the 8-10M range on a long term deal, if he is consistent and patient. If NJD insists on a long term deal, I wouldn't go lower than $7.5m, if I were him.
Sure, but I am saying buy early will cheapen the overall expense, especially for 2028-32 (his UFA years)
Scenario 1: In 2024, sign 8-year term at 7.5% of cap. ($6.2m until 2032, his age-30 season)
Scenario 2: In 2024, sign 2-year bridge at 4.0% of cap. ($3.3m until 2026, his age-24 season)
-- 2A: In 2026, sign 6-year term at 10% of cap. ($9.2m until 2032, his age-30 season)
-- 2B: In 2026, sign 6-year term at 5% of cap. ($4.6m until 2032, his age-30 season)
-- 2C: In 2026, sign 2-year term at 4% of cap. ($3.7m until 2028, his age-26 season)
Three sub-scenarios...after the bridge..
(2A) If he has two good years in 2024-25 and 2025-26 (example: 160 gp, 150 pts, wears "A", plays top-six)
(2B) If he has two alright years in 2024-25 and 2025-26 (example: 150 gp, 100 pts, plays middle six)
(2C) If he has two bad years in 2024-25 and 2025-26 (example: 100 gp, 60 pts, third liner)
If one thinks there is 65% chance of 2A, 25% chance of 2B, 10% chance of 2C....then we are saving money by going with "Scenario 1"