Updated Detroit Pistons 2015 Cap Space Projection

[princeofpalace]

When estimating how much cap this team will have available this coming offseason there are a number of variables at play including what the 2015-2016 Salary Cap is (estimated by most to be set at $66 million), whose options get picked up (KCP and Drummond are 100% picked up, I think Butler is gone) and there are various cap holds.

Each free agent has a team cap hold. When team’s have cap holds on their free agents, they can go over the cap to resign those players. However, if a team decides to renounce that free agent, the cap hold is eliminated and the team can no longer go over the cap to resign the player. Detroit has 4 players currently set to become free agents at season’s end- Prince, Anthony, Monroe and Jackson.

Additionally, First Round draft picks have a cap hold, which is 80% of the rookie scale salary. Detroit will have a first rounder this draft and thus will have a cap hold on that pick.

Finally, a cap hold is applied to all teams that have less than 12 players on their roster. Detroit will likely have 8 players on the 2015-2016 roster assuming Butler is renounced in addition to the cap holds of Monroe, Jackson and their 2015 First rounder. Detroit will be 1 roster spot below the minimum threshold of 12 so they will have 1 minimum roster cap hold eating into their available cap space.

Here are the projected cap holds for the Pistons this offseason

2015 Cap Holds:
Monroe - $10,411,877
Jackson- $5,510,923
#8 pick - $2,288,200

When you add those numbers to the contracts on the books for the 15-16 season
Jennings- $8,344,497
Ilyasova- $7,900,000
Meeks- $6,270,000
Tolliver- $3,000,000
KCP- $2,891,760
Andre- $3,272,091
Martin- $1,270,964
Dindwiddie- $845,059
Smith- $5,400,000
Gray- $452,049

You get $57, 857, 420. If the cap rises to $68 million as projected- that leaves Detroit with $10,142,580 to play with this free agency. Without Monroe's caphold we are looking at $20,554,457

If you are interested in figuring out how the free agent cap holds are determined- go look at #38 http://www.cbafaq.com/salarycap.htm

[MediumNasty]

Forgetting someone?

[coordinator0]

Smith's stretched salary is included above.

[epheisey]

Did we miss the other thread?

[princeofpalace]

Did we miss the other thread?

I said I was gonna make this thread in the FA thread- wasn't expecting someone else to take the idea and make the thread. Threads can be merged, if need be. My numbers are little more accurate though

[Kilo]

Smith's hit could be less if he signs a big money contract (early in the process before we re-sign Moose and Jackson and go over the cap). Basically we save half of his yearly rate less a million bucks - so if he signs for $8M yearly than we'd have $3M knocked off his cap number against us.

[princeofpalace]

Smith's hit could be less if he signs a big money contract (early in the process before we re-sign Moose and Jackson and go over the cap). Basically we save half of his yearly rate less a million bucks - so if he signs for $8M yearly than we'd have $3M knocked off his cap number against us.

True, Smith has looked a lot better with the Rockets- i think he's found a home and stays there for the vets min for the next few years

[Liqourish]

Did we miss the other thread?

No, but considering pop said a thread would be made later, whoever started the other thread should have waited instead of trying to steal the thunder.

[Kilo]

Smith's hit could be less if he signs a big money contract (early in the process before we re-sign Moose and Jackson and go over the cap). Basically we save half of his yearly rate less a million bucks - so if he signs for $8M yearly than we'd have $3M knocked off his cap number against us.

True, Smith has looked a lot better with the Rockets- i think he's found a home and stays there for the vets min for the next few years

Staying with them for the vets minimum is him leaving millions of dollars on the table. The reason Pistons only are relieved of half of whatever he signs for is to give the player incentive to actually look for his best deal and not sign for the minimum to screw over his former team.

The way I understand how it works is that if we signed for $8M from Houston, Houston pays him the full $8M and we'd be off the hook for owning him $3M, so he'd still be ahead $5M ie making effectively $19M next season.

In the very least I think Houston would have to pay him the full MLE to get him to stay. Expecting him to stay for vets minimum would be folly.

[bstein14]

Biggest thing to know, is that we can sign one max, or two really good tier 2 players and then go over the cap to sign Moose and Jackson... both of them having lower cap holds is great for us as long as the Pistons owner is willing to spend on this team.

Dre Moose FA KCP Jackson could be a great starting lineup with the right SF in there.
Tolliver off the bench has been great for us and Meeks + Jennings is a great backup backcourt as well... we really just need to add a starting SF and a backup bigman and we're golden.

[Snakebites]

I don't see Jackson on the list of cap holds, but he's mentioned in the post and nobody is mentioning that he's not there.

I feel like I'm going crazy...

[princeofpalace]

I don't see Jackson on the list of cap holds, but he's mentioned in the post and nobody is mentioning that he's not there.

I feel like I'm going crazy...

You weren't. Jackson was included in the calculation but I didnt list him out with the others.

On another note- Pistons are in great financial shape this offseason and thanks to the skyrocketing cap- we could be in really good shape for the next few years with the right moves.

[coordinator0]

Biggest thing to know, is that we can sign one max, or two really good tier 2 players and then go over the cap to sign Moose and Jackson... both of them having lower cap holds is great for us as long as the Pistons owner is willing to spend on this team.

Dre Moose FA KCP Jackson could be a great starting lineup with the right SF in there.
Tolliver off the bench has been great for us and Meeks + Jennings is a great backup backcourt as well... we really just need to add a starting SF and a backup bigman and we're golden.

As long as neither get big offers right out fo the gate at least. I feel like Detroit will have time with Jackson (even if he wasn't a restricted free agent) but Monroe could garner interest really quickly. There won't be much haggling over his price since he's almost certainly getting a max deal and as an unrestricted free agent somebody could make their big move fast. Of course if the whispers about monroe wanting to leave Detroit anyways are true Detroit could be one of those teams trying to strike quick on someone else and then re-sign Jackson.

[russkopp]

Can someone explain to me where this $30 million cap space number I was hearing came from? What that assuming Monroe didn't resign and before Reggie was in the picture?

[Kilo]

Can someone explain to me where this $30 million cap space number I was hearing came from? What that assuming Monroe didn't resign and before Reggie was in the picture?

The $30M cap space number is if no cap holds or options are picked up. We actually gained $3M on that number after the trade because Augustin was contracted through next season HOWEVER in reality Augustin salary + Singler cap hold is a little less than Jackson's cap hold so we lose a bit when you factor in the cap holds of the players we'll likely want to keep and thus will count against our cap until signed by us, signed by another team, or renounced.

[Snakebites]

Truthfully I'd be surprised if we were willing to hit the cap with a new signing then resign both of our guys.

[Liqourish]

Is there a break down of what other teams capspace roughly look like? And who will be a free agent this offseason? Because just from the names I've heard, there's nothing that realistically stands out to me.

[The Penguin]

Did we miss the other thread?

No, but considering pop said a thread would be made later, whoever started the other thread should have waited instead of trying to steal the thunder.

I didn't see someone called dibs. I don't care about any "thunder" or "cred", just wanted to start a discussion and was tired of clueless people.

[princeofpalace]

Is there a break down of what other teams capspace roughly look like? And who will be a free agent this offseason? Because just from the names I've heard, there's nothing that realistically stands out to me.

Notable 2015 Free Agents, excluding our own. There are a lot of big named FAs, but as with most years- we likely won't be players for them.

Restricted:
PG- Brandon Knight
SF- Jimmy Butler
SF- Kawhi Leonard
SF- Tobias Harris
SF- Draymond Green
SF- Khris Middleton
PF - Tristan Thompson
C- Enes Kanter

Unrestricted:
SG- Wes Matthews
SG- Manu Ginobili
SF- Rudy Gay
SF- Danny Green
SF- Gerald Green
SF- Jeff Green
PF- Amir Johnson
PF- Paul Milsap
PF- Lamarcus Aldridge
PF- Tim Duncan
C- Deandre Jordan
C- Marc Gasol

Player Options:
PG- Goran Dragic
SG- Dwayne Wade
SF- Luol Deng
SG- Arron Afflalo
SF- Lebron James
PF- Kevin Love
PF- David West
C- Roy Hibbert

[Liqourish]

Is there a break down of what other teams capspace roughly look like? And who will be a free agent this offseason? Because just from the names I've heard, there's nothing that realistically stands out to me.

Notable 2015 Free Agents, excluding our own. There are a lot of big named FAs, but as with most years- we likely won't be players for them.

Restricted:
PG- Brandon Knight
SF- Jimmy Butler
SF- Kawhi Leonard
SF- Tobias Harris
SF- Draymond Green
SF- Khris Middleton
PF - Tristan Thompson
C- Enes Kanter

Unrestricted:
SG- Wes Matthews
SG- Manu Ginobili
SF- Rudy Gay
SF- Danny Green
SF- Gerald Green
SF- Jeff Green
PF- Amir Johnson
PF- Paul Milsap
PF- Lamarcus Aldridge
PF- Tim Duncan
C- Deandre Jordan
C- Marc Gasol

Player Options:
PG- Goran Dragic
SG- Dwayne Wade
SF- Luol Deng
SG- Arron Afflalo
SF- Lebron James
PF- Kevin Love
PF- David West
C- Roy Hibbert

That's my thinking as well. I think we'd be better off going after a couple mid talent guys for the bench, than to put all our eggs in one basket and not have that pan out.

I don't think we have a shot at Draymond, I believe any offer gets matched. Same with Jimmy Butler. I'd love both guys though.