New Orleans Pelicans Cap Space

Post #1 » by **Smitty731** » Wed Apr 23, 2014 11:10 pm

Updated 3/29 with expiry of Elliot Williams' second 10 Day Contract and signing of Toney Douglas to a two year contract.

Current Cap Space: None. $6,120,610.00 over
Maximum Cap Space: None. $6,120,610.00 over (if all options/guarantees were not picked up, all FAs renounced, no draft picks were to be signed this season, and all Exceptions were renounced)
Luxury Tax Space: $7,643,390.00
Tax Apron Space: $11,643,390.00
2015-2016 Maximum Cap Space: $22,541,503.00

How I got there:

Guaranteed Contracts (14): Alexis Ajinca, Ryan Anderson, Omer Asik, Luke Babbitt, Norris Cole, Dante Cunningham, Anthony Davis, Toney Douglas, Tyreke Evans, Jimmer Fredette, Eric Gordon, Jrue Holiday, Quincy Pondexter, Jeff Withey

Partial/Non-Guaranteed Contracts Kept to date (0): None

Carried Money (9): Toney Douglas 1 ($53,838.00), Toney Douglas 2 ($53,838.00), Darius Miller ($400,000.00), Gal Mekel ($86,451.00), Elliot Williams 1 ($53,838.00), Elliot Williams 2 ($53,838.00), Nate Wolters 1 ($48,028.00), Nate Wolters 2 ($48,028.00), Patric Young ($107,436.00)

FA Cap Holds (0): None

Draft Pick Holds (0): None

Current Exceptions: Room Exception at $732,000.00 (Partially used on John Salmons). No BAE due to being under the Cap. TPE of $507,336.00 (Russ Smith).

teke184 · Post #2 » by **teke184** » Thu Apr 24, 2014 3:35 pm

FYI - The QO for Roberts is something like $3m. It got hiked significantly because of the number of games he started due to Holiday's injury.

Post #3 » by **Smitty731** » Thu Apr 24, 2014 4:31 pm

teke184 wrote:FYI - The QO for Roberts is something like $3m. It got hiked significantly because of the number of games he started due to Holiday's injury.

I think it is around 2.7 million or so, but that is a good point. That would eat in the space the Pelicans would have available. I'll take a look at it later today if I get a chance and post a revision.

Post #4 » by **Smitty731** » Mon Jun 2, 2014 8:57 pm

Updated OP on 6/2.

Post #5 » by **Smitty731** » Tue Jun 24, 2014 6:44 pm

Updated OP on 6/24 to reflect Morrow opting out.

Jon1798 · Post #6 » by **Jon1798** » Tue Jun 24, 2014 7:16 pm

This is very well done and very accurate Smitty. Nice job, especially for someone not 100% dedicated to the team.

I'm not as sure as you are that the Pels are going to offer B-Rob. We already have Jrue, Gordon, Evans and Rivers guaranteed, and Pierre Jackson's rights. That accelerated QO probably ruled out the offer.

I also don't think Jason Smith will be back, though he is a team and fan favorite. His injuries have piled up, and we have Davis, Anderson, Ajinca and Withey as bigs locked up, and improvements still needed.

Babbitt and Miller are 50-50.

Ely is a non-guaranteed contract signed specifically to help match salaries in a trade. A brilliant move by Dell if you ask me.

Overall, we're in a weird spot. We could relinquish everyone and offer a deal just a bit more than the MLE. That would give us an advantage. Or we could just keep numerous players and ride with the MLE. One things for sure, Dell won't stand pat.

Post #7 » by **Smitty731** » Wed Jun 25, 2014 5:49 pm

Updated OP on 6/25 to reflect Brian Roberts' updated QO.

Post #8 » by **Smitty731** » Sun Jun 29, 2014 1:38 am

Updated OP on 6/28 to reflect Roberts not being given a QO and he is expected to be renounced.

Post #9 » by **Smitty731** » Mon Jun 30, 2014 8:17 pm

Updated OP on 6/30 to reflect team declining to issue a Qualifying Offer to Darius Miller.

Jon1798 · Post #10 » by **Jon1798** » Mon Jun 30, 2014 8:48 pm

Unfortunately this is going to be incomplete until we find out what extra deal is made to complete the Asik trade. I say the Pels now do everything they can to match salaries in a three team deal and stay as an above the cap team.

Post #11 » by **Smitty731** » Wed Jul 2, 2014 1:04 pm

Updated OP on 7/2 to reflect current standing. Still no Asik deal included because it is not official.

Post #12 » by **Smitty731** » Thu Jul 10, 2014 5:10 pm

Updated OP on 7/10 with official Cap and Tax Apron Numbers.

Post #13 » by **Smitty731** » Sat Jul 12, 2014 6:55 pm

Updated OP on 7/12 with Alonzo Gee trade, renouncements of Al-Farouq Aminu, Jason Smith, and James Southerland and to remove Anthony Morrow Cap Hold.

teke184 · Post #14 » by **teke184** » Mon Jul 14, 2014 2:40 pm

Ely and Gee are now gone, Asik is on the roster, Brian Roberts' cap hold needs to disappear.

Post #15 » by **Smitty731** » Mon Jul 14, 2014 5:23 pm

Updated OP on 7/14 with details of trade with Houston and Washington. Exceptions need updated after trade details are known.

Post #16 » by **Smitty731** » Thu Jul 17, 2014 11:15 pm

Updated OP on 7/17 with signing of Russ Smith and updated numbers for Jrue Holiday.

Post #17 » by **Smitty731** » Fri Jul 18, 2014 4:34 pm

Updated OP on 7/18 with signing of Jimmer Fredette.

PELICANSFAN · Post #18 » by **PELICANSFAN** » Fri Jul 18, 2014 4:41 pm

Smitty731 wrote:Updated 7/18 with signing of Jimmer Fredette.

Current Cap Space: None. $4,096,931.00 over
Maximum Cap Space: None. $1,435,410.00 over (if all options/guarantees were not picked up, all FAs renounced, no draft picks were to be signed this season, and all Exceptions were renounced)
Tax Apron Room: $14,483,551.00.

How I got there:

Guaranteed Contracts (10): Alexis Ajinca, Ryan Anderson, Omer Asik, Anthony Davis, Tyreke Evans, Jimmer Fredette, Eric Gordon, Jrue Holiday, Austin Rivers, Russ Smith

Partial/Non-Guaranteed Contracts Kept to date (3): Luke Babbitt, Omri Casspi, Jeff Withey

Restricted FAs given Qualifying Offers (0): None

FA Cap Holds (1): Darius Miller (no Qualifying Offer given)

FAs Renounced/Players Waived (0):

Draft Pick Holds (0): None

Current Exceptions: Room Exception at $2,732,000.00. No BAE due to being under the Cap. No TPEs.

Miller was re-signed and Young was reportedly given a 2 year deal. Would expect neither are guaranteed, but not certain (nor certain if Jimmer's is guaranteed). I have read that we do not have the Room Exception any longer (told Salmons ate into that).

Post #19 » by **Smitty731** » Fri Jul 18, 2014 4:50 pm

PELICANSFAN wrote:
Smitty731 wrote:Updated 7/18 with signing of Jimmer Fredette.

Current Cap Space: None. $4,096,931.00 over
Maximum Cap Space: None. $1,435,410.00 over (if all options/guarantees were not picked up, all FAs renounced, no draft picks were to be signed this season, and all Exceptions were renounced)
Tax Apron Room: $14,483,551.00.

How I got there:

Guaranteed Contracts (10): Alexis Ajinca, Ryan Anderson, Omer Asik, Anthony Davis, Tyreke Evans, Jimmer Fredette, Eric Gordon, Jrue Holiday, Austin Rivers, Russ Smith

Partial/Non-Guaranteed Contracts Kept to date (3): Luke Babbitt, Omri Casspi, Jeff Withey

Restricted FAs given Qualifying Offers (0): None

FA Cap Holds (1): Darius Miller (no Qualifying Offer given)

FAs Renounced/Players Waived (0):

Draft Pick Holds (0): None

Current Exceptions: Room Exception at $2,732,000.00. No BAE due to being under the Cap. No TPEs.

Miller was re-signed and Young was reportedly given a 2 year deal. Would expect neither are guaranteed, but not certain (nor certain if Jimmer's is guaranteed). I have read that we do not have the Room Exception any longer (told Salmons ate into that).

Waiting to see what happens with all of that. I know Salmons is expected to get all, or most of the Room Exception. I hadn't seen the Miller thing. And who is Young?

PELICANSFAN · Post #20 » by **PELICANSFAN** » Fri Jul 18, 2014 4:51 pm

Smitty731 wrote:
PELICANSFAN wrote:
Smitty731 wrote:Updated 7/18 with signing of Jimmer Fredette.

Current Cap Space: None. $4,096,931.00 over
Maximum Cap Space: None. $1,435,410.00 over (if all options/guarantees were not picked up, all FAs renounced, no draft picks were to be signed this season, and all Exceptions were renounced)
Tax Apron Room: $14,483,551.00.

How I got there:

Guaranteed Contracts (10): Alexis Ajinca, Ryan Anderson, Omer Asik, Anthony Davis, Tyreke Evans, Jimmer Fredette, Eric Gordon, Jrue Holiday, Austin Rivers, Russ Smith

Partial/Non-Guaranteed Contracts Kept to date (3): Luke Babbitt, Omri Casspi, Jeff Withey

Restricted FAs given Qualifying Offers (0): None

FA Cap Holds (1): Darius Miller (no Qualifying Offer given)

FAs Renounced/Players Waived (0):

Draft Pick Holds (0): None

Current Exceptions: Room Exception at $2,732,000.00. No BAE due to being under the Cap. No TPEs.

Miller was re-signed and Young was reportedly given a 2 year deal. Would expect neither are guaranteed, but not certain (nor certain if Jimmer's is guaranteed). I have read that we do not have the Room Exception any longer (told Salmons ate into that).

Waiting to see what happens with all of that. I know Salmons is expected to get all, or most of the Room Exception. I hadn't seen the Miller thing. And who is Young?

Patric Young the rookie PF/C from Florida.