2010 FA Thread

[nate33]

I posted this in another thread but it probably makes more sense here:

Code: Select all

Player           10/11  11/12  12/13  13/14
Arenas,Gilbert   17.73  19.27  20.81  22.35
Hinrich,Kirk      9.00   8.00    -      - 
Wall,John         5.14   5.53   5.92   7.46
Blatche,Andray    3.26   3.52    -      - 
Thornton,Al       2.81    -      -      - 
Young,Nick        2.69    -      -      - 
McGee,JaVale      1.60   2.46    -      - 
Seraphin,Kevin    1.56   1.68   1.80   2.76
Booker,Trevor     1.20   1.29   1.39   2.35
Ross,Quinton      1.15    -      -      - 
N'Diaye, Hamady   0.47   0.79   0.90    - 
Free Agent         -      -      -      - 
Free Agent         -      -      -      - 
Free Agent         -      -      -      - 
Free Agent         -      -      -      - 
2011 pick (#17)    -     1.74   1.87   2.00

Total Salary     46.62  44.28  32.67  36.91
Salary Cap       56.10  57.78  59.52  61.30
Luxury Tax       68.44  70.50  72.61  74.79
Money Available  21.82  26.21  39.94  37.87

[Rafael122]

Do you think the Wizards will really hit the luxury tax though or close to it? I think the most frustrating thing is that we will probably sit out this year's free agency even though we have the money to make a splash. We could easily afford a $12 mil per year player.

[Benjammin]

If Gil would be traded for an expiring or near expiring and Hinrich is also traded for an expiring the Wizards would have huge cap room in 2011-2012, even after some likely moves and required cap holds. However, what they could do with that space is another question.

[Benjammin]

Do you think the Wizards will really hit the luxury tax though or close to it? I think the most frustrating thing is that we will probably sit out this year's free agency even though we have the money to make a splash. We could easily afford a $12 mil per year player.

Raf, we won't sniff the luxury tax this year. We likely won't get that close to the salary cap limit, unless we take on another contract in a BOYD deal and make another modest signing.

[verbal8]

Do you think the Wizards will really hit the luxury tax though or close to it? I think the most frustrating thing is that we will probably sit out this year's free agency even though we have the money to make a splash. We could easily afford a $12 mil per year player.

Raf, we won't sniff the luxury tax this year. We likely won't get that close to the salary cap limit, unless we take on another contract in a BOYD deal and make another modest signing.

It would take essentially turning over the entire roster in trades using the 125% rule to reach the luxury tax.

[nate33]

Do you think the Wizards will really hit the luxury tax though or close to it? I think the most frustrating thing is that we will probably sit out this year's free agency even though we have the money to make a splash. We could easily afford a $12 mil per year player.

You can't just add salary up to the luxtax. We can only add free agents up to the cap limit. That's about $10M more in salary than what we have now.

We should probably try and execute one more BOYD deal where we buy a pick and take on an expiring contract less than $5M. But I'd like to keep at least $5M in cap space in reserve so we can make a move at the Trade Deadline when the deals might be better. It was ridiculous how bad Houston raped NY in the Jeffries trade.

[willbcocks]

We could also sign our own players to ridiculous contracts. Come to agreements with Blatche, Young, Oberto etc to cut them, then sign them to max contracts.

And, no, this is NOT just an academic exercise....

[nate33]

We could also sign our own players to ridiculous contracts. Come to agreements with Blatche, Young, Oberto etc to cut them, then sign them to max contracts.

And, no, this is NOT just an academic exercise....

That's actually another argument to dump Arenas. With Arenas off the books, we can renegotiate Blatche's contract while maintaining Max cap space next summer.

We've discussed this before and it makes a lot of sense. Let's say that Blatche agrees to a 3-year extension at $10M a year. Rather than just doing that, we instead rip up his existing contract (which pays him $7M over the next two years) and sign him to a 5-year contract worth $37M. We frontload the contract with declining salary each year. The idea is to significantly reduce our long term salary obligations. Pay him up front now while we have little else to do with the money so we can have cap room to play with in 2012 and 2013 when we might need to acquire that final free agent to complete the roster.

[willbcocks]

We could also sign our own players to ridiculous contracts. Come to agreements with Blatche, Young, Oberto etc to cut them, then sign them to max contracts.

And, no, this is NOT just an academic exercise....

That's actually another argument to dump Arenas. With Arenas off the books, we can renegotiate Blatche's contract while maintaining Max cap space next summer.

We've discussed this before and it makes a lot of sense. Let's say that Blatche agrees to a 3-year extension at $10M a year. Rather than just doing that, we instead rip up his existing contract (which pays him $7M over the next two years) and sign him to a 5-year contract worth $37M. We frontload the contract with declining salary each year. The idea is to significantly reduce our long term salary obligations. Pay him up front now while we have little else to do with the money so we can have cap room to play with in 2012 and 2013 when we might need to acquire that final free agent to complete the roster.

Yeah, but couldn't he go Boozer on us? I'd rather see him earn it first, then pay him under the new CBA, which conveniently will come up when we need to resign him.

[verbal8]

We could also sign our own players to ridiculous contracts. Come to agreements with Blatche, Young, Oberto etc to cut them, then sign them to max contracts.

And, no, this is NOT just an academic exercise....

That's actually another argument to dump Arenas. With Arenas off the books, we can renegotiate Blatche's contract while maintaining Max cap space next summer.

We've discussed this before and it makes a lot of sense. Let's say that Blatche agrees to a 3-year extension at $10M a year. Rather than just doing that, we instead rip up his existing contract (which pays him $7M over the next two years) and sign him to a 5-year contract worth $37M. We frontload the contract with declining salary each year. The idea is to significantly reduce our long term salary obligations. Pay him up front now while we have little else to do with the money so we can have cap room to play with in 2012 and 2013 when we might need to acquire that final free agent to complete the roster.

Wouldn't the Wizards still have Max cap space if they trade Hinrich for an expiring?

[nate33]

We could also sign our own players to ridiculous contracts. Come to agreements with Blatche, Young, Oberto etc to cut them, then sign them to max contracts.

And, no, this is NOT just an academic exercise....

That's actually another argument to dump Arenas. With Arenas off the books, we can renegotiate Blatche's contract while maintaining Max cap space next summer.

We've discussed this before and it makes a lot of sense. Let's say that Blatche agrees to a 3-year extension at $10M a year. Rather than just doing that, we instead rip up his existing contract (which pays him $7M over the next two years) and sign him to a 5-year contract worth $37M. We frontload the contract with declining salary each year. The idea is to significantly reduce our long term salary obligations. Pay him up front now while we have little else to do with the money so we can have cap room to play with in 2012 and 2013 when we might need to acquire that final free agent to complete the roster.

Wouldn't the Wizards still have Max cap space if they trade Hinrich for an expiring?

The Wizards barely have max cap space next year if Hinrich is dumped. If Blatche is renegotiated, we will not have cap space. If Arenas is cut, we can keep Hinrich, renegotiate Blatche, and still have max cap space.

[nate33]

We could also sign our own players to ridiculous contracts. Come to agreements with Blatche, Young, Oberto etc to cut them, then sign them to max contracts.

And, no, this is NOT just an academic exercise....

That's actually another argument to dump Arenas. With Arenas off the books, we can renegotiate Blatche's contract while maintaining Max cap space next summer.

We've discussed this before and it makes a lot of sense. Let's say that Blatche agrees to a 3-year extension at $10M a year. Rather than just doing that, we instead rip up his existing contract (which pays him $7M over the next two years) and sign him to a 5-year contract worth $37M. We frontload the contract with declining salary each year. The idea is to significantly reduce our long term salary obligations. Pay him up front now while we have little else to do with the money so we can have cap room to play with in 2012 and 2013 when we might need to acquire that final free agent to complete the roster.

Yeah, but couldn't he go Boozer on us? I'd rather see him earn it first, then pay him under the new CBA, which conveniently will come up when we need to resign him.

That was a different situation. Cleveland relinquished the rights to his 3rd year in order to sign him to a longer deal, but there was no prearranged agreement. What I'm talking about is an agreement to work out an extension. As part of the agreement, Blatche would renegotiate a front loaded deal.

[Rafael122]

Nate - care to add Yi's salary in there now?

[fishercob]

Nate - care to add Yi's salary in there now?

Let's see it confirmed by an actual source first. None of the NBA insiders have tweeted about it.

[dopeismarcus]

I want Rodney Carney.

[fishercob]

I want Rodney Carney.

Have you told him how you feel?

[Ed Wood]

I want Rodney Carney.

Have you told him how you feel?

A confession can be a very scary thing. Here, I'll let you practice a few times by role playing. Okay...

(Deep Breath)

Okay, I'm about 6'7", 26 years old, went to Memphis and I'm a totally forgettable professional basketball player. You're up tiger.

[dopeismarcus]

I want Rodney Carney.

Have you told him how you feel?

Maybe I should give him a tweet.

[Severn Hoos]

I have to say, I don't particularly get the anger & frustration around here. Or at least the surprise that people are showing. Ted pretty much announced the plan with the Hinrich trade. He wasn't going to be a player in FA this summer or next. And this aligns with his philosophy of building slowly through the draft and internal development, then adding the pieces (typically via FA or splashy trade) when you're on the cusp of contending.

This team won't be a contender in the next two years no matter what they did. So the key for this year & next is to accumulate assets and increase the value of the assets that they already have. This is why the first deal was for Hinrich. Agree or disagree, but (I'm assuming) the FO saw Hinrich as a key to Rose's development, and want him to be a part of Wall's development in a similar manner. And if they're right - if Hinrich can help make Wall an All-Star within 2 years, then he's much more valuable to the organization than whatever mid-range FA or facilitated trade that might have been made. (Again, I'm going on the assumption that Ted didn't expect to be a player in FA next summer either.)

So if the plan comes together, they have a star PG in Wall whose learning curve has been accelerated by having Hinrich as a mentor. They'll also have Seraphin as potentially part of a two-headed monster at C w/ McGee. And they'll have just as much cap space in 2012 since Kirk will be off the books. If Ted's target for his coming-out party in FA is Summer 2012, then it's essentially cap-neutral and he picked up an additional asset in Seraphin. And who knows - maybe they even re-sign Kirk at a significant discount to finish out his career with Wall?

I fully understand the opportunity cost angle, and I break it down into two elements:

* Helping other teams - who knows, maybe the Bulls make the deal with someone else? Chances are, they won't let anything stand in the way of getting that cap space they think they need. So if they'd have gotten there anyway, why not be the ones to benefit from their situation?

* Forsaking other deals - this one's a little tougher. But again - if Ted gave the direction that there would be no big FA signings until 2012 or later, then we didn't really give up anything there. The one factor is the possibility of facilitating a lopsided trade somewhere along the line between now & then. Ironically, such a deal would probably still be criticized by some of the same posters as "helping someone else get cap space" anyway, but I can see how it will/would be nice to have that option. Even keeping $5M or so in cap space would be a nice card to have in the back pocket in case an incredibly sweet deal came along.

Bottom line is, they added some assets without affecting cap space further down the line when I think Ted will be ready to spend it. And I think those who are saying these are all Ernie's moves are not seeing the big picture. Ernie wouldn't do anything right now without Ted's sign-off. Ted's been an owner for over a decade now, so he's not exactly wet behind the ears.

[fishercob]

Sev, my frustration with this Yi deal is that it's decidedly inconsistent with stated goals and "following OKC's path" (Ted's words, paraphrased). Yi is not an asset and we don't appear to be getting one in the trade. So why burn the cap room? It's precisely because of the stated goals that I'm so annoyed.