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Knicks Re-Sign J.R. Smith

2013/07/jr-smith-knicks-agree-to-terms.html

Because the Knicks held the 27-year-old's Early Bird rights, they're permitted to offer him a contract that starts at 104.5% of the NBA's average salary, which is expected to be in the neighborhood of $5-5.5MM. … If Smith declines his third-year option, he can become a free agent in 2015 with full Bird rights

The Subtle Value Of Three-Year Contracts

2013/07/the-hidden-value-of-three-year-contracts.html

The team's Early Bird rights weren't enough to keep Jeremy Lin around, since the Gilbert Arenas Provision allowed the Rockets to make a backloaded offer. … The simple answer for why players of such widely varying resumes wind up with three-year deals is that three seasons is the amount of time a player must spend with his team for the club to gain his full Bird Rights.

Mavericks Re-Sign Brandan Wright

2013/07/mavericks-agree-to-re-sign-brandan-wright.html

With Wright's Early Bird rights in hand, the team can go over the cap to re-sign him.

Important Dates For The 2013/14 NBA Season

2013/08/important-dates-for-the-201314-nba-season.html

January 15: Players with Bird or Early Bird rights who re-signed with their own over-the-cap team (on or before October 15th) and received at least a 20% raise can be traded as of this date.

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