shrink wrote:Klomp wrote:shrink wrote:Of the three options, (waive Dozier, trade KDB + 2nd, waive KDB), I thought waiving KDB was the least likely.
Can’t call ownership cheap on this one. I’d have instructed Connelly to save me the $15 mil vs keeping a 2nd.
Random hypothetical that might apply....how do stretched contracts affect the luxury tax and second apron?
They affect both. If we stretched his deal at $2.65, it’d be about $900,000 each year for three years, and only cost Taylor $5 mil (still more than I think a 2nd is worth). But the overall $15 mil would likely be much less, since so much of it is the extremely high tax rate we are in this year. I’m no fan of dead money, but this sounds like the perfect time to stretch a waived player.
https://www.hoopsrumors.com/2024/08/hoops-rumors-glossary-stretch-provision-3.html
The ability to use the stretch provision for money in the current year (and for any player in the final year of his contract) expires on September 1st. So we couldn't use it on KBD.
But say we could. Saves us ~10 million this year. Great.
However for the next 2 years, we have 900k less wiggle room under the tax or any tax aprons.
That might not sound like a lot, but it could be a big deal when you are trying to make so many expensive pieces fit.
Also, there is the chance we are paying repeater penalties in those years and that 900k is taxed higher than the 4.75 rate we would pay on it if we had taken the hit this year.










