Philadelphia 76ers Cap Space

[ckchen]

Best case scenario: Knicks move up into the top 3, Heat miss the playoffs

Worst case scenario: Knicks make playoffs, Heat miss playoffs

Considering the first is the far more likely scenario than the 2nd, and it also accounts for the fact it's possible the Knicks could jump even the Sixers own pick in the lottery, I think it's a fair deal to eat the ~7m left on Amare at the deadline to get the Knicks out of the repeater tax. Maybe they throw a little something extra like Thanasis too, to cover the worst case scenario?

I think people seem to be drastically overestimating how bad the Knicks will be. Even if they made zero improvements from last year, they still have an outside chance at making the playoffs in the East, with two teams significantly depleted from where they were last year (Indiana, Heat). I think the Knicks were 9th on the outside looking in, but they could easily sneak in at a 7th or 8th seed in the east. If you're not talking about moving up any more than 3-5 spots in the middle of the draft, or possibly not at all, frankly, I don't see any reason to make this deal. Let the Knicks pay the repeater tax and continue to hamper their ability to future. That's probably worth just as much as such a minimal (if at all) improvement in draft position.

The person who said we should view it from our perspective and not the Knicks is missing the point. There are literally no other teams that could help the Knicks in the same way, since we are the only team with that kind of cap space. If in fact, the Knicks actually decided that they wanted to get out of the luxury tax, Philly is the only team that can do anything to help them. That is far greater leverage that the offer of a single possible pick swap can offer.

To be honest, if I were the Sixers and this opportunity came about, I would start the trade offer with the right to pick swap for at least the next two (2015/2017) drafts they have picks for AND their 2018 1st rounder. $50M is no small sum of money. In any given year, you would easily be able to buy 10+ lower first round draft picks with that kind of money. You're not helping the Knicks out of a $50M bill without squeezing as much as possible out of them to do it.

[AmareNY]

Dolan gives a rats azz about 50m, Philly not going to be squeezing anything. [so enjoy your cap space Philly]

[bebopdeluxe]

Dolan gives a rats azz about 50m, Philly not going to be squeezing anything. [so enjoy your cap space Philly]

As a Sixers fan, if Dolan wants to write a check for $50m for nothing, it is fine with me.

Stupid as hell...but fine with me.

[ckchen]

Dolan gives a rats azz about 50m, Philly not going to be squeezing anything. [so enjoy your cap space Philly]

That's absolutely not true. The Knicks made $58M in profits last year, but then had to dump most of the back into the system for revenue sharing. They've been trying to cut team costs every year since 2008. Saying that Dolan doesn't care about $50M is patently ridiculous. I think you clearly overestimate exactly how much money the team makes and the fact that the NBA is a business. Team owners aren't in the business to lose money.

[AmareNY]

Dolan throws away money at a alarming rate over the year's. Any real Knick fan knows this fact. He has a history of over paying and then throwing money at it to solve the problem.
A] Larry Brown contract, fired him after how many seasons..lol
B] Zeke sexual lawsuit. he paid how much to make that go away...lol

Not saying Dolan is the brightest owner out there, but the guy not afraid to throw money at any problem. So once again, 50m is nothing to James Dolan. It should be, but it's not.

[ckchen]

Dolan throws away money at a alarming rate over the year's. Any real Knick fan knows this fact. He has a history of over paying and then throwing money at it to solve the problem.
A] Larry Brown contract, fired him after how many seasons..lol
B] Zeke sexual lawsuit. he paid how much to make that go away...lol

Not saying Dolan is the brightest owner out there, but the guy not afraid to throw money at any problem. So once again, 50m is nothing to James Dolan. It should be, but it's not.

Those two things together don't even amount to $30M. (18.5 for LB, 11.5 for the sexual harassment suit). And those were legal cases where the Knicks had to pay out those amounts (or risk paying out even more). I'm not sure those are the greatest examples of throwing away of money. Just because they've paid $30M in lawsuits over the years doesn't mean they'd just toss away the opportunity to save $50M at a whim. The fact remains that $50M is no small sum. If you honestly believe that Dolan & Co. wouldn't care about saving that much money (again, that is the almost the equivalent of the teams entire profits last year!) - then you must think that they have no business sense whatsoever. This isn't a problem to throw money at to go away, but more like an opportunity to save that huge amount of cash in the future. Maybe that's the case, but IMO, that's pretty unlikely.

[AmareNY]

ckchen:
Dolan does not care about the lux tax, so it will be hard to squeeze anything out of the Knicks. He is by far one of the worst owners in sports. I just hope he learned his lesson & let's Phil do his thing.

[Smitty731]

Rich people don't get rich by throwing money away. Nor by continuing to throw good money after bad. They usually cut their losses and move on. At some point, Dolan won't want to continue this way. He might be a jerk, but he's not an idiot.

All that said, I don't think the Knicks will be all that bad this year. They should be in the mix in the East. And Stoudemire can still contribute. Not nightly. Not for big minutes. But he can help in a backup PF/C role. Of course, if the right deal is there, the Knicks should move him. But not just to move him.

[the_process]

Dolan gives a rats azz about 50m, Philly not going to be squeezing anything. [so enjoy your cap space Philly]

This is patently false. Everyone cares about money. Also it makes sense from both ends to do a deadline deal. Pick swap with the MIA pick and Thanasis is sufficient.

[Smitty731]

Updated OP on 8/27 with acquisition of Hasheem Thabeet from Oklahoma City.

[Smitty731]

Updated OP on 9/4 with signing of Joel Embiid, waiving of Hasheem Thabeet, and to remove Cap Hold for Adonis Thomas.

[HartfordWhalers]

Updated OP on 9/4 with signing of Joel Embiid, waiving of Hasheem Thabeet, and to remove Cap Hold for Adonis Thomas.

Last I heard Sixers were disputing that Embiid had 'officialy' signed, despite his twitter post to the contrary.

Cause there is another 20 days to hoard that cap space with otherwise.

[Smitty731]

Updated OP on 9/4 with signing of Joel Embiid, waiving of Hasheem Thabeet, and to remove Cap Hold for Adonis Thomas.

Last I heard Sixers were disputing that Embiid had 'officialy' signed, despite his twitter post to the contrary.

Cause there is another 20 days to hoard that cap space with otherwise.

I hear ya! It was filed with the league as far as I know. It is showing up on some of the places where I check that only post once things are official. Like our very own Real GM. In reality, as you said, unless they are taking on a couple of giant contracts first, it doesn't really matter. And once again, Philly fascinates me. I can't look at their Cap sheet without getting lost thinking about their approach for a while.

[LloydFree]

Shouldn't Eric Maynor's contract be listed in the OP. He had guarantee for this year. The 76ers waived him, but they still have to pay him.

[Smitty731]

Shouldn't Eric Maynor's contract be listed in the OP. He had guarantee for this year.

His guaranteed money is included in the dollar amounts (not that you can really tell with 25+ in space), but I don't have any of the guys who were waived and are owed guarantees from last year on any of the write-ups. I think this keeps it cleaner this way. I can add them, if people feel that is necessary. There aren't many, so it wouldn't be much work.

[Smitty731]

Updated OP on 9/13 with signing of Ronald Roberts.

[marcush]

Updated OP on 9/13 with signing of Ronald Roberts.

Nice work as usual Smitty, hadn't seen that officially noted anywhere, sixers website included.

[HartfordWhalers]

Jakarr Sampson, sounds like same sort of deal as half the team was on last year...

[tweet]https://twitter.com/VERUS_TEAM/status/511320495875039232[/tweet]


{Still haven't seen that Roberts is same type confirmed, or is a straght 3 year deal as initial reports showed.}

[Smitty731]

Updated OP on 9/15 with signing of Jakarr Sampson.

[HartfordWhalers]

Updated OP on 9/15 with signing of Jakarr Sampson.

I would have Jakarr and Ronald Roberts in with Partial guarantees, as that is what it sounds like.