xdrta+ wrote:jason bourne wrote:Yeah, I saw Wiggins workout video and he looks great (could he improve his 3-pt shooting close to 36%?), but with Chase Center being partially filled, I think the Warriors will have to deal him. They need to get out of the lux tax. That's why that 2-for-1 deal with the Pacers looked so good. However, the reality is keeping him will cost the Warriors moves in the future. Thus, why not attach him to the #2 now and see what deals pop up? It may likely have to be during the season so any of LaMelo, AntMan, or Wiseman will have to be attached to Wiggins. Hopefully, the Warriors do not pick the bust but at least an All-Star type player. I suppose if Wiseman is the All-Star, then the Ws will keep him. Or what if Wiggins turns into a deep threat as advertised? 36%+ 3-pt shoote? Then he may have suitors just by himself.
You're all over the place here. You want to get out of the tax (impossible) but make the trade with the Pacers? That trade , Turner and Warren, brings back slightly more salary than they send out with Wiggins. How does that help lower the payroll? And why would keeping him cost the Warriors moves in the future? None of this makes sense.
The trade with the Pacers was from an SI article:
"Idea III: Wiggins, the No. 2 pick and the 2021 Minnesota pick to Indiana for Myles Turner and T.J. Warren"
It means we get two starters for the price of Wiggins contract lessening the need to get a C in the draft or through other means such as the the TPE.
If the Warriors keep the #2 pick and draft Wiseman, then it would mean a guaranteed 2 yr/$18 M and that would be luxury taxed. If the Ws get into repeater tax, then it would be even more future penalties. Picking Wiseman and developing him could mean not using the TPE to get another impact player while he develops.
From the Forbes article on the Warriors as a business:
"Approximately 40% of the league’s revenues derive from fans attending games in-person. The NBA is working hard to find ways to ensure at least part of next season can involve fans, but this is not a variable that is in their control. The Warriors are even more exposed than most - ESPN’s Brian Windhorst has reported that around 80% of their revenues come via Chase Center."
...
"The Warriors are facing enormous luxury tax bills
In the best-case scenario, the league and players’ association are able to negotiate a deal with the salary cap fixed at current levels of spending. This would mean a cap of $109.14m and a tax line of $132.6m.
For the Golden State Warriors that best-case scenario is still crippling financially. Just with the contracts they have on the books next year, including the second pick in the 2020 Draft, the Warriors will be paying around $157.5m in player salaries. That is $25m over the luxury tax threshold, meaning a tax bill of around $63.75m, and a total payroll and tax bill of $221.25m.
Add in the TPE and taxpayer Mid Level Exception (MLE), expected to be around $5.7m, and their salaries jump to around $177.5m. That is $45m over the tax threshold, meaning their salary tax bill jumps up by $100m to a whopping $163.75m. Overall they’d be on the hook for around $341m if they use all the tools they can to build a championship contender."
...
'But they have also made financially driven choices recently, most notably trading away a host of players at the trade deadline back in February, including D’Angelo Russell, to duck under the luxury tax line this season. This meant they will avoid the “repeater tax” in the 2021 season, which increases the tax penalties for teams repeatedly over the luxury tax. That has turned out to be a huge positive, potentially saving them as much as $45m.
Faced with this double-whammy of sky-high luxury tax bills and up to 80% of their revenues at risk, what will the Warriors do? Can they use all the tools at their disposal to put a winning team on the floor, most notably their $17.2m TPE?
The answer lies somewhere in the recognition that the Warriors’ do not harbor short-term ambitions. They have a long-term vision that they want to execute. They know at some point they will have fans back in Chase Center, and they are actively preparing for that. They may be some short-term pain to maximize their championship window, but with those future revenues they are in a better position than most NBA teams to weather the storm. Indeed ESPN’s Brian Windhorst previously reported that the Warriors were exploring a deal with Goldman Sachs GS -0.2% “to raise up to $250m to manage coming expenses.”
Crucially, if they do not use the $17.2m TPE, it expires. Absent trading one of their core, or the unlikely scenario of shifting the $94.7m left on Andrew Wiggins’ outsized contract, they will have no other option to add a veteran player earning above the taxpayer MLE for the foreseeable future. That means if they want to win, they need to use the TPE now or forever hold their peace."'
...
"But within that framework they have choices. For starters, if they don’t use the taxpayer MLE, or just use it to hand out longer minimum contracts as they did to secure second-round draft pick Eric Paschall for an extra season on the cheap, the Warriors would save around $34.5m in salary and tax bills, spending a total of around $307m.
They can also add a useful player with the TPE and keep the salary slot alive without maxing out on the dollar amount. For example, taking in San Antonio’s Rudy Gay who is due $14.5m next year, would save another $16m in salary and tax penalties, taking the Warriors’ projected spend to $290m.
Their best option financially may actually be their best option on the court. If the Warriors combine the TPE with their draft pick they should be able to get a much better veteran. A trade of the number two pick for Marcus Smart and Boston’s 14th pick would not only give them a championship-level defense and a much deeper, more versatile wing rotation, but also save $9m in salary.
That could be enough to drop the Warriors down two luxury tax brackets, saving a further $50m. Combined with not using the taxpayer MLE, that would mean a total salary bill of around $163m and a tax bill of $85m, for a total cost of $248m in player salaries and luxury tax."
https://www.forbes.com/sites/patrickmurray/2020/10/04/will-the-golden-state-warriors-pay-the-price-for-another-championship/#64b30aa4f934
If not a trade with the Pacers, the last trade of using the TPE and the #2 pick to get an impact player would be nice, but nothing seems to rumored for that happening. The Warriors don't want to get into repeater tax territory taking Wiseman at #2 and then not being able to use the TPE for an impact player. They could try to pick up cheap players, but it isn't like last season where the Warriors were tanking. They want to vie for a championship. If they can't trade Wiggins and the #2 before the draft or trade down for a vet and a pick, then I think they'll have to try and make a deal for him during the season. They may have to include a player they want or a nice draft pick in order to trade Wiggins' contract. I think if worse comes to worse, they'll use the TPE to get a fat expiring contract and use that as incentive to trade Wiggins. Bob Myers will have to be patient and work the phones as he'll be earning his keep this off-season and during the season.
