This is incorrect. Giles could be offered a multi-year deal by the Kings, but the salary (and bonuses) in the first year of the deal cannot exceed the value of the contract option we declined. Here is the relevant text directly from the CBA:
You can read just the bolded parts to cut out excessive verbiage, it doesn't change the actual content. The CBA clearly allows for annual increases and decreases in salary in this situation, which means that it obviously allows for multi-year contracts.
James Ham got it wrong. I know it may be a little bit tough to cut through the legalese of the CBA, but Ham has no excuse. I hear his wife is a lawyer.
You can read just the bolded parts to cut out excessive verbiage, it doesn't change the actual content. The CBA clearly allows for annual increases and decreases in salary in this situation, which means that it obviously allows for multi-year contracts.
James Ham got it wrong. I know it may be a little bit tough to cut through the legalese of the CBA, but Ham has no excuse. I hear his wife is a lawyer.