The Specifics of a Jrue Holiday Max Contract
With the regular season effectively over for the New Orleans Pelicans all eyes turn towards the offseason. And any discussion about the offseason starts with free agent guard Jrue Holiday.
While there are plenty of big name point guards available in free agency this year pretty much all are expected to resign with their current teams. (Sorry, to the Steph Curry to New Orleans hopeful.) This means the market for Holiday has the potential to be huge. Max contract worthy.
Salary cap and CBA expert Larry Coon joined me for today’s edition of Locked on Pelicans to break down what a max contract would like like for Holiday. Give it a listen. And I’ll also have the specifics down below.
The Pelicans have an advantage when it comes to resigning Holiday since the have his Bird Rights. While all teams can offer Holiday a max contract of 30% of the salary cap, only the Pelicans can offer him a 5th year and 8% raises. All other teams can offer Holiday 4 years and 5% raises. The difference in the contracts is below.
Sure to test the open market for the first time in his career, Holiday may find another team and situation he likes better than the Pelicans. But for a player who will be 27 years old next season, and on likely the biggest contract of his career, that extra year and 44 million American dollars guaranteed could be tough to turn down. But money isn’t the only factor Holiday will be weighing this offseason, and this free agency is certain to be interesting.