LarsV8 wrote:Trader_Joe wrote:Except in your scenario Melo only gets 4/70 starting at 16m.
You also did not mention endorsements which are much higher in NY as the only star on the team vs. 3rd wheel behind Harden and Howard and 4th fan favorite behind those 2 and Parsons.
BTW.. I thought Melo had to pay taxes on his 41 road games?
You are correct, i forgot about the half road game part, and I also have been informed that New York has a city tax as well!
City tax is:
18k + 3.876% of amount over 500k.
Revised amounts:
So assuming Melo signed his max (7.5% raises) with New York at:
1.) 22,993,125
2.) 24,717,609
3.) 26,571,430
4.) 28,564,288
5.) 30,706,609
Total:
5 years: 133,553,063
4 years: 102,846,454
State Taxes:
1.) 992,931
2.) 1,068,981
3.) 1,150,735
4.) 1,238,620
5.) 1,333,096
City Taxes:
1.) 444,916
2.) 478,337
3.) 514,264
4.) 552,885
5.) 594,404
Total Net of Taxes
5 years: 125,183,893
4 years: 96,404,783
As for the Rockets, if this this cat is too be believed:Bill Oram: NBA salary cap has been set at $63.2 million per source. Projections were $62.5-62.9 Twitter @bill_oram
And assuming the following:
-The trades suggested in this thread occur
-Garcia agrees to opt out of his player option and sign again for the same amount using vet exception
-Cannan and Beverley's non guaranteed deals are waived and resigned for the same amount
The Rockets max offer would be:
1.) 20,092,767
2.) 21,097,405
3.) 22,152,276
4.) 23,259,889
Total: 86,602,337
If they moved Terrence Jones, then they could get it up to a 91 million dollar offer.
Money wise, on 4 year deals, it is fairly neglible. Not sure if New York will even offer 5 years, because who wants to be paying Melo 30 million dollars at age 35?
I'm sure NY would if it means keeping him.
Also, I think the endorsement gap would be wide.
Either way your not selling Melo on Houston for money.
You have to sell him on being a third wheel to win a title.
