Rockets salary cap update...
Posted: Wed Jul 25, 2012 10:41 pm
Nice article by BimaThug...i believe he updates this as transactions occur:
http://rockets.clutchfans.net/2913/hous ... ary-cap-2/
Salary Commitments and Potential Cap Room
(DISCLAIMER: Further roster moves will likely be made. The figures below probably do not represent the Rockets’ true cap situation once such additional moves are made; they are solely intended to give you a picture of the Rockets’ current cap situation.)
Barring any further roster moves, the Houston Rockets now have approximately $53.50 million in team salary for the 2012-13 season: Kevin Martin ($12.44 million), Lin ($8.37 million), Asik ($8.37 million), Livingston ($3.5 million, only $1 million of which is guaranteed), Patrick Patterson ($2.10 million), Douglas ($2.07 million), Marcus Morris ($1.91 million), Forbes ($1.5 million), Motiejunas ($1.36 million), Johnson ($1.09 million), Brockman ($1 million), Williams ($915,852, non-guaranteed if waived by August 1), Chandler Parsons ($888,250), Greg Smith ($762,195, of which 50% is guaranteed), Fortson ($762,195, non-guaranteed), Simpson ($762,195, non-guaranteed), Harrellson ($762,195, non-guaranteed if waived by August 15), the rookie scale cap holds for Lamb ($1.68 million), White ($1.37 million) and Jones ($1.24 million), and the cap hit from the Derek Fisher buyout ($644,005; more on that here).
Based on this season’s maximum salary cap of $58.044 million, in order for the Rockets to maintain rights to all of their current players, they will have approximately $4.55 million in salary cap room. If the Rockets simply waive their fully non-guaranteed contracts (Williams, Fortson, Simpson and Harrellson), though, that number jumps to approximately $7.75 million in cap room. In the event that the Rockets decide to waive (and eat the partial guarantees on) Livingston and Smith, that figure could conceivably reach as high as $10.63 million. However, those figures could be reduced slightly (by up to $858,440) if one or more of the 2012 first round picks end up signing contracts with the Rockets for up to the maximum permitted 120% of their rookie scale salaries.
Contrary to the popular belief of the national media, the Rockets still have PLENTY of cap flexibility to pursue free agents and trades — namely, for a certain Orlando Magic center — even after signing both Lin and Asik to lucrative deals.
Potential Superstar Acquisition
Much has been made of the Rockets’ pursuit of Dwight Howard. Houston is currently (and finally!) being recognized by most of the mainstream media as the frontrunners to either land Howard or possibly acquire another piece (like Lakers center Andrew Bynum) as part of a three-team trade with Orlando. The Rockets possess the unique combination of (1) enticingly high draft picks (most notably, the Toronto pick acquired in the Lowry trade), (2) high-ceiling young players (in particular, Lamb, Motiejunas and Parsons) and (3) the cap flexibility — via cap room and/or expiring or non-guaranteed contracts — to take on some additional salary from Orlando in order to clear the Magic’s books for a fresh start post-Howard.
Dwight Howard
Because the Rockets possess the potential for either/both (A) significant cap room (if they waive all of their non-guaranteed contracts) to absorb incoming Orlando players and/or (B) salary-matching trades financially beneficial to Orlando (if the Rockets instead use expiring or non-guaranteed contracts for salary-matching purposes), there are countless scenarios in which a Howard-to-Houston trade can be accomplished. It is virtually impossible to predict which players, picks and other assets will be included in whatever trade might end up happening. However, in order to illustrate the Rockets’ cap flexibility, I will walk through one hypothetical variation of such a trade.
Let’s say the Rockets trade Martin, Patterson, Lamb, Jones, the Toronto first round pick, the Dallas first round pick and the Charlotte second round pick to Orlando in exchange for Howard ($19.54 million), Jason Richardson ($5.8 million in 2012-13, $6.2 million in 2013-14 and a $6.6 million player option in 2014-15) and Chris Duhon ($3.25 million in 2012-13 and $3.5 million in 2013-14, only $1.5 million of which is guaranteed if waived on or prior to June 30, 2013).....cont'd...
http://rockets.clutchfans.net/2913/hous ... ary-cap-2/
Salary Commitments and Potential Cap Room
(DISCLAIMER: Further roster moves will likely be made. The figures below probably do not represent the Rockets’ true cap situation once such additional moves are made; they are solely intended to give you a picture of the Rockets’ current cap situation.)
Barring any further roster moves, the Houston Rockets now have approximately $53.50 million in team salary for the 2012-13 season: Kevin Martin ($12.44 million), Lin ($8.37 million), Asik ($8.37 million), Livingston ($3.5 million, only $1 million of which is guaranteed), Patrick Patterson ($2.10 million), Douglas ($2.07 million), Marcus Morris ($1.91 million), Forbes ($1.5 million), Motiejunas ($1.36 million), Johnson ($1.09 million), Brockman ($1 million), Williams ($915,852, non-guaranteed if waived by August 1), Chandler Parsons ($888,250), Greg Smith ($762,195, of which 50% is guaranteed), Fortson ($762,195, non-guaranteed), Simpson ($762,195, non-guaranteed), Harrellson ($762,195, non-guaranteed if waived by August 15), the rookie scale cap holds for Lamb ($1.68 million), White ($1.37 million) and Jones ($1.24 million), and the cap hit from the Derek Fisher buyout ($644,005; more on that here).
Based on this season’s maximum salary cap of $58.044 million, in order for the Rockets to maintain rights to all of their current players, they will have approximately $4.55 million in salary cap room. If the Rockets simply waive their fully non-guaranteed contracts (Williams, Fortson, Simpson and Harrellson), though, that number jumps to approximately $7.75 million in cap room. In the event that the Rockets decide to waive (and eat the partial guarantees on) Livingston and Smith, that figure could conceivably reach as high as $10.63 million. However, those figures could be reduced slightly (by up to $858,440) if one or more of the 2012 first round picks end up signing contracts with the Rockets for up to the maximum permitted 120% of their rookie scale salaries.
Contrary to the popular belief of the national media, the Rockets still have PLENTY of cap flexibility to pursue free agents and trades — namely, for a certain Orlando Magic center — even after signing both Lin and Asik to lucrative deals.
Potential Superstar Acquisition
Much has been made of the Rockets’ pursuit of Dwight Howard. Houston is currently (and finally!) being recognized by most of the mainstream media as the frontrunners to either land Howard or possibly acquire another piece (like Lakers center Andrew Bynum) as part of a three-team trade with Orlando. The Rockets possess the unique combination of (1) enticingly high draft picks (most notably, the Toronto pick acquired in the Lowry trade), (2) high-ceiling young players (in particular, Lamb, Motiejunas and Parsons) and (3) the cap flexibility — via cap room and/or expiring or non-guaranteed contracts — to take on some additional salary from Orlando in order to clear the Magic’s books for a fresh start post-Howard.
Dwight Howard
Because the Rockets possess the potential for either/both (A) significant cap room (if they waive all of their non-guaranteed contracts) to absorb incoming Orlando players and/or (B) salary-matching trades financially beneficial to Orlando (if the Rockets instead use expiring or non-guaranteed contracts for salary-matching purposes), there are countless scenarios in which a Howard-to-Houston trade can be accomplished. It is virtually impossible to predict which players, picks and other assets will be included in whatever trade might end up happening. However, in order to illustrate the Rockets’ cap flexibility, I will walk through one hypothetical variation of such a trade.
Let’s say the Rockets trade Martin, Patterson, Lamb, Jones, the Toronto first round pick, the Dallas first round pick and the Charlotte second round pick to Orlando in exchange for Howard ($19.54 million), Jason Richardson ($5.8 million in 2012-13, $6.2 million in 2013-14 and a $6.6 million player option in 2014-15) and Chris Duhon ($3.25 million in 2012-13 and $3.5 million in 2013-14, only $1.5 million of which is guaranteed if waived on or prior to June 30, 2013).....cont'd...
