For clarification:
Billy finished 3rd overall.
His pick won the lottery, moving it from 3rd to 1st overall. Since he missed GP, the pick was moved back to 2nd overall.
I have owned the pick since Jan 2014.
According to the new CBA amendment, here is the compensation:
According to this, the compensation should be a 2015 1st round pick. I would like to confirm this as well as the date of when compensation is due.3- Compensation owed by the offending GM to the owner of the diminished first rounder*
- If the pick is moved 2 or less spots:
and the pick is #1, a first round selection in this same draft
and the pick is #2-5, a 2nd and a 3rd round selection (this draft year or next)
and the pick is 6+, a 2nd round selection
if the offending GM doesn't own the compensatory picks he will have to acquire them on the market
- If the pick is moved more then 2 spots:
and the pick is #1-5, the league will also compensate the GM with a pick between the 1st and 2nd round (30b)
and the pick is 6+, the league will also compensate the GM with a pick between the 2nd and 3rd round (60b)
*Obviously point #3 depends on when the owner of the pick acquired it. If the pick is acquired at the end of the season, or when its team is already on par of missing gp, #3 will not apply, as the owner acquired an asset (the pick) that already had diminished value at the time of the deal.
Points #3 also work as sanctions for the GM responsible of missing gp. If the pick is traded at a time that voids #3, instead of sanctions you would have decreased value of the pick already affecting the offending GM in the deal.
Thanks!