Memphis's cap room
Posted: Fri Feb 1, 2008 10:17 pm
Merits its own thread so that it doesn't get lost, for it will affect matters even after people's post-Pau moods die away.
This is what they have committed for next year.
Mike Jesus Miller: $9,128,575
Darko Milicic: $7,020,000
Brian Cardinal: $6,300,000
Swift or Collins (they earn the same): $6,200,000
Mike Conley: $3,630,480
Rudy Gay: $2,579,400
Hakim Warrick: $2,119,102
Javaris Crittenton: $1,381,560
Kyle Lowry: $1,163,520
Total: $39,522,637
Total doesn't include Stoudamire's buyout, which is somewhere between $0 and $2.3 million. Probably about somewhere halfway between.
FREE AGENTS TO BE RENOUNCED BECAUSE WHO GIVES A TOSS:
Andre Brown (cap hold would be $963,263)
Casey Jacobsen (cap hold would be $924,732)
Kwame Brown (cap hold would be $13,612,500)
FREE AGENTS THEY'LL WANT TO KEEP:
Juan Carlos Navarro (cap hold would be $886,517)
AARON MCKIE:
Will have an unguaranteed contract and will be waived. Might even happen immediately.
FIRST ROUNDER:
Its cap hold will range from $4,019,000 for the 1st pick to $2,394,600 for sixth. For argument's sake, we'll assume that they'll pick no worse than that.
ROSTER CHARGE:
For only having 11 players under contract, including renouncements, an additional cap hold of $442,114 will be billed for the 12th spot.
Now, for argument's sake, let's assume Damon got exactly half of his guaranteed money, leaving a buyout of $1.15 million with no set-off. Let's assume that all except Navarro are renounced, and let's assume that they pick third.
That gives Memphis a salary figure, before free agency, of $43,905,468, versus a salary cap of $57 millionish.
That's almost max cap room. It's certainly enough for almost anybody. But without Bird rights on Navarro due to Wallace's aforementioned incompetence over signing him, they'll have to delve into that to bring him back, which takes out a small chunk.
Anyway, long story short, they can afford to sign our two beloved problem children now (Gordon and Deng, not Duhon and Khryapa). They are players in free agency.
But, now look at the depth chart:
PG - Conley, Lowry, Crittenton
SG - Miller, Navarro
SF - Gay, Warrick
PF - The mighty Brian Cardinal
C - Milicic, Collins
It's easy to see how they want to prioritise power forwards first. Hmmm, if only they had a star one......
Also, more importantly - if they wanted Gordon or Deng, they could have just asked for one.
Still, thought you should know. It's one more possibility to consider.
EDIT: Got Navarro's cap hold wrong.
This is what they have committed for next year.
Mike Jesus Miller: $9,128,575
Darko Milicic: $7,020,000
Brian Cardinal: $6,300,000
Swift or Collins (they earn the same): $6,200,000
Mike Conley: $3,630,480
Rudy Gay: $2,579,400
Hakim Warrick: $2,119,102
Javaris Crittenton: $1,381,560
Kyle Lowry: $1,163,520
Total: $39,522,637
Total doesn't include Stoudamire's buyout, which is somewhere between $0 and $2.3 million. Probably about somewhere halfway between.
FREE AGENTS TO BE RENOUNCED BECAUSE WHO GIVES A TOSS:
Andre Brown (cap hold would be $963,263)
Casey Jacobsen (cap hold would be $924,732)
Kwame Brown (cap hold would be $13,612,500)
FREE AGENTS THEY'LL WANT TO KEEP:
Juan Carlos Navarro (cap hold would be $886,517)
AARON MCKIE:
Will have an unguaranteed contract and will be waived. Might even happen immediately.
FIRST ROUNDER:
Its cap hold will range from $4,019,000 for the 1st pick to $2,394,600 for sixth. For argument's sake, we'll assume that they'll pick no worse than that.
ROSTER CHARGE:
For only having 11 players under contract, including renouncements, an additional cap hold of $442,114 will be billed for the 12th spot.
Now, for argument's sake, let's assume Damon got exactly half of his guaranteed money, leaving a buyout of $1.15 million with no set-off. Let's assume that all except Navarro are renounced, and let's assume that they pick third.
That gives Memphis a salary figure, before free agency, of $43,905,468, versus a salary cap of $57 millionish.
That's almost max cap room. It's certainly enough for almost anybody. But without Bird rights on Navarro due to Wallace's aforementioned incompetence over signing him, they'll have to delve into that to bring him back, which takes out a small chunk.
Anyway, long story short, they can afford to sign our two beloved problem children now (Gordon and Deng, not Duhon and Khryapa). They are players in free agency.
But, now look at the depth chart:
PG - Conley, Lowry, Crittenton
SG - Miller, Navarro
SF - Gay, Warrick
PF - The mighty Brian Cardinal
C - Milicic, Collins
It's easy to see how they want to prioritise power forwards first. Hmmm, if only they had a star one......
Also, more importantly - if they wanted Gordon or Deng, they could have just asked for one.
Still, thought you should know. It's one more possibility to consider.
EDIT: Got Navarro's cap hold wrong.