horaceworthy wrote: Wyn says there's about $16M in cap, but then there's the Rubio caphold (about 3M), the Wolves pick (about 4-5M), and the Memphis pick (about 1.5M).
So about $6.5M in flexibility? I think I'm missing something, though, so if a bigger cap geek like shrink could chime in that would help.
I think you have it all, and thanks for pointing out how the cap space allowed us to get Randolph without giving up any assets. The only thing I'd mention is the timing, which I think goes like:
Rubio's cap hold would be at $2.9 mil, but it's not in place right now. However, if we sign him before May 31, we'll undoubtedly give him the standard 20% raise, so that would be $3.5 mil off the cap.
Picks don't have cap holds now, or even after Tuesday's lottery. They bite into the cap when they become actual signed players after the draft. The MEM pick's hold is $1.17 mil, and our pick would be $3.2-$4.42 mil, depending on where we land (#4-#1). And again, our pick, and probably the MEM one, would be offered a 20% bonus. I think it's likely we trade at least one of these picks.
However, like many of these discussions, it all may be a moot point, since we don't know what will happen under the next CBA. Will the league lower the lux line? Will there even BE a lux line? I'm trying to remain patient before I do another geeky bellyflop into the lux pool this summer.