Moderators: KingDavid, BFRESH44, heat4life, MettaWorldPanda, Wiltside, IggieCC, QUIZ
IceColdCubano wrote:3ammy3uck3ts wrote:
Enough to get a top 5 pick in the draft sure, there's something in that Gatorade he drinking, that gives people some false sense of hope.
IceColdCubano wrote:3ammy3uck3ts wrote:
Enough to get a top 5 pick in the draft sure, there's something in that Gatorade he drinking, that gives people some false sense of hope.
Flash4thewin wrote:IceColdCubano wrote:3ammy3uck3ts wrote:
Enough to get a top 5 pick in the draft sure, there's something in that Gatorade he drinking, that gives people some false sense of hope.
What's the over under Pat says the same exact quote when we do nothing this this trade deadline. " I believe we have enough"
3ammy3uck3ts wrote:
I don’t see why that would be the case when we have the salaries of Herro Duncan and Rozier we could send out
MettaWorldPanda wrote:MettaWorldPanda wrote:Also keep in mind with buyout players
2023-24 Luxury Tax Totals
Denotes the Heat current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).
TYPE TOTALS
2023 NBA Luxury Tax Threshold $165,294,000
Total Taxable Salaries $173,787,841
Current Luxury Tax Space $-8,493,841
Est. Luxury Tax Bill $13,614,224
If they Heat sign anybody right now it's basically going to cost them double the amount of what they pay in hard salary because of the tax. We are only 1.787 million away from getting below the 2nd apron. That's one Dru Smith salary dump away. We are not going to add right now unless we make a trade that gets us more under the 1st apron.
Salary cap: $136 million
Luxury tax: $165 million
First apron: $172 million
Second apron: $182.5 million
What are the penalties for the first apron?
The first apron hits when a team's payroll exceeds $172 million. At this point, the following restrictions are triggered:
Teams cannot acquire a player in a sign-and-trade if that player keeps them above the apron
Teams cannot sign a player waived during the regular season whose salary was over the $12.2 million midlevel exception
Salary matching in trades must be within 110 percent, rather than 125 percent for teams not above the apron
What are the penalties for the second apron?
All of the penalties for the first apron apply to the second apron as well, which is triggered when a team's salary exceeds $182.5 million. For the 2023-24 season, one additional penalty is added when crossing the second apron:
No access to the $5 million taxpayer midlevel exception
Starting at the end of the 2023-24 season, even more restrictions will be added to the second apron. These include:
Teams cannot use a trade exception generated by aggregating the salaries of multiple players
Teams cannot include cash in a trade
Teams cannot use a trade exception generated in a prior year
First-round picks seven years out are frozen (unable to be traded)
A team's first-round pick is moved to the end of the first round if they remain in the second apron for three out of five seasons
These penalties are much more stringent than under the old CBA. Previously, owners with deep pockets could go well into the luxury tax as long as they were willing to pay. Now, teams who enter the second apron will have difficulty adding any sort of new talent via trades or free agent acquisitions.
This page should be bookmarked lol
Bourne85 wrote:3ammy3uck3ts wrote:
I don’t see why that would be the case when we have the salaries of Herro Duncan and Rozier we could send out
We can’t trade Scary yet can we?
3ammy3uck3ts wrote:
I don’t see why that would be the case when we have the salaries of Herro Duncan and Rozier we could send out
Bourne85 wrote:3ammy3uck3ts wrote:
I don’t see why that would be the case when we have the salaries of Herro Duncan and Rozier we could send out
We can’t trade Scary yet can we?
Edit nvm the tweet wasn’t loading on my end
IceColdCubano wrote:3ammy3uck3ts wrote:
I don’t see why that would be the case when we have the salaries of Herro Duncan and Rozier we could send out
I think its because those salaries are not big enough, and with the new rules of being in the above the Apron either the firs or second doesn't allow you to aggregate salaries like add Herro+Duncan or Herro+Rozier or Rozier+Duncan, it would only be a 1 for 1, and Stars are on bigger contracts that Herro at $29M a year.
3ammy3uck3ts wrote:IceColdCubano wrote:3ammy3uck3ts wrote:
I don’t see why that would be the case when we have the salaries of Herro Duncan and Rozier we could send out
I think its because those salaries are not big enough, and with the new rules of being in the above the Apron either the firs or second doesn't allow you to aggregate salaries like add Herro+Duncan or Herro+Rozier or Rozier+Duncan, it would only be a 1 for 1, and Stars are on bigger contracts that Herro at $29M a year.
Yea you’re right, thanks brother
IceColdCubano wrote:3ammy3uck3ts wrote:IceColdCubano wrote:I think its because those salaries are not big enough, and with the new rules of being in the above the Apron either the firs or second doesn't allow you to aggregate salaries like add Herro+Duncan or Herro+Rozier or Rozier+Duncan, it would only be a 1 for 1, and Stars are on bigger contracts that Herro at $29M a year.
Yea you’re right, thanks brother
This makes the Terry Rozier trade and FRP seem gloomy if it doesn't end up moving the needle. Like this was mid tier move that handicaps our future or Miami is already thinking if the build doesn't actually work, their using Jimmy's sending him to a place he can finally get his chip and us get something of value in return to reset.
SerialChiller wrote:Pat gotta stop straddling the fence! Are we trying to win with Jimmy or not? Like come on, I'd feel better if there was an actual plan and we just blew it up even...
Bourne85 wrote:Guys, Pat Riley is 80 years old. I’m not even joking here, how much longer is this guy gonna continue?? It’s time to give it up wtf.
