Timberwolves Salary/Roster Situation Post-Trade
Posted: Tue Feb 22, 2011 9:56 am
I'm using numbers from Wyn's Spreadsheet, except for Eddy Curry (he hasn't calculated Curry's 15% Trade Kicker yet).
Assuming this trade is officially consummated on Tuesday 2/22,
For Curry, we are 110 days into a 170 day season.
His remaining salary would be 3,980,069 (This is the # the Trade Kicker is calculated on regardless of how much his deal was frontloaded).
15% on that is 597,010.
Which puts his total cap hit at 11,873,873
and his dollars owed for 2010 at 4,577,049.
If the deal he originally signed w/ the knicks had a 20% signing bonus up front,
it would save taylor an additional $796,013 (but not net us any additional cap space)
After this trade, we would apparently have 2,201,903 left of cap space.
The trade itself cost us 10,136,121 in 2010 cap space,
but only cost Taylor $963,725 (with the 3 mil cash included, not figuring any savings due to an eddy curry signing bonus).
In addition, adding Randolph drops our prospective 2011-12 summer (7-1) cap space down to less than 5 million, assuming we keep our pick and gain Utah's pick in the late teens. This is regardless if Rubio decides to come over. If Rubio signs, it actually costs us about 600k of cap space as his deal goes from cap hold (100% rookie scale) to 120% rookie scale.
If Rubio comes over and we keep our picks we will also have 16 guaranteed deals. So we will have to cut or trade a player/pick to get under the roster limit.
Here is the raw data: (If you want to keep this info I suggest bookmarking this thread).
Max Cap Room
1 (Eddy Curry) 11,873,873
2 Michael Beasley 4,962,240
3 Martell Webster 4,800,000
4 Darko Milicic 4,325,000
5 Nikola Pekovic 4,275,000
6 Kevin Love 3,638,280
7 Luke Ridnour 4,000,000
8 Wesley Johnson 3,726,600
9 Johnny Flynn 3,192,000
10 Sebastian Telfair 2,700,000
11 Anthony Tolliver 2,200,000
12 Anthony Randolph 1,965,720
13 Kosta Koufos 1,298,640
14 Wayne Ellington 1,078,800
15 Lazar Hayward 1,020,960
16 (Delonte West) 500,000
17 (Sundiata Gaines) 116,571
18 (Maurice Ager) 168,413
Total Salary 55,842,097
Cap Room 2,201,903
Wolves Responsibility for Curry:
3,980,069 + 15% trade kicker (597,010)
= 4,577,049
Wolves end of trade: (Cap Space)
Out: Corey Brewer 3,703,472
In: Anthony Randolph 1,965,720
Eddy Curry 11,873,873
Total: 13,839,593
Net Loss (Cap Space) 10,136,121
Salary Rest of Season
Brewer 1,307,107
3 Million Cash 3,000,000
4,307,107
Curry 4,577,049
Randolph 693,783
5,270,832
Cost of Trade in $ For Glen Taylor: 963,725
Possible savings from a Curry 20% signing bonus:
796,013
This trade could possibly cost Glen Taylor as little as $167,712.
2011-12 Salary On Books Max Cap Room Lux Tax Number
1 Michael Beasley 6,262,347 6,262,347 6,262,347 Team Option (Excercised)
2 Martell Webster 5,256,000 5,256,000 5,256,000
3 Darko Milicic 4,779,125 4,779,125 4,779,125
4 Kevin Love 4,609,701 4,609,701 4,609,701 Team Option (Excercised)
5 Nikola Pekovic 4,595,000 4,595,000 4,595,000
6 Wesley Johnson 4,006,080 4,006,080 4,006,080
7 Luke Ridnour 3,680,000 3,680,000 3,680,000
8 Johnny Flynn 3,414,720 3,414,720 3,414,720 Team Option (Excercised)
9 Anthony Randolph 2,911,231 2,911,231 2,911,231
10 Ricky Rubio 2,900,100 2,900,100 3,480,120
11 Kosta Koufos 2,203,792 2,203,792 2,203,792 Team Option (Excercised)
12 Anthony Tolliver 2,050,000 2,050,000 2,050,000
13 Wayne Ellington 1,154,040 1,154,040 1,154,040 Team Option (Excercised)
14 Lazar Hayward 1,097,520 1,097,520 1,097,520
15 #1 Pick (MN) 2,900,100 2,900,100 3,480,120 Estimated (5th overall)
16 #1 Pick (UTAH) 1,276,200 1,276,200 1,531,440 Estimated (18th overall)
Total Salary 53,095,956 53,095,956 54,511,236
Cap Room 4,948,044 4,948,044 3,532,764
Edit: Edited to reflect a 2/22/2012 trade consummation date.
Assuming this trade is officially consummated on Tuesday 2/22,
For Curry, we are 110 days into a 170 day season.
His remaining salary would be 3,980,069 (This is the # the Trade Kicker is calculated on regardless of how much his deal was frontloaded).
15% on that is 597,010.
Which puts his total cap hit at 11,873,873
and his dollars owed for 2010 at 4,577,049.
If the deal he originally signed w/ the knicks had a 20% signing bonus up front,
it would save taylor an additional $796,013 (but not net us any additional cap space)
After this trade, we would apparently have 2,201,903 left of cap space.
The trade itself cost us 10,136,121 in 2010 cap space,
but only cost Taylor $963,725 (with the 3 mil cash included, not figuring any savings due to an eddy curry signing bonus).
In addition, adding Randolph drops our prospective 2011-12 summer (7-1) cap space down to less than 5 million, assuming we keep our pick and gain Utah's pick in the late teens. This is regardless if Rubio decides to come over. If Rubio signs, it actually costs us about 600k of cap space as his deal goes from cap hold (100% rookie scale) to 120% rookie scale.
If Rubio comes over and we keep our picks we will also have 16 guaranteed deals. So we will have to cut or trade a player/pick to get under the roster limit.
Here is the raw data: (If you want to keep this info I suggest bookmarking this thread).
Max Cap Room
1 (Eddy Curry) 11,873,873
2 Michael Beasley 4,962,240
3 Martell Webster 4,800,000
4 Darko Milicic 4,325,000
5 Nikola Pekovic 4,275,000
6 Kevin Love 3,638,280
7 Luke Ridnour 4,000,000
8 Wesley Johnson 3,726,600
9 Johnny Flynn 3,192,000
10 Sebastian Telfair 2,700,000
11 Anthony Tolliver 2,200,000
12 Anthony Randolph 1,965,720
13 Kosta Koufos 1,298,640
14 Wayne Ellington 1,078,800
15 Lazar Hayward 1,020,960
16 (Delonte West) 500,000
17 (Sundiata Gaines) 116,571
18 (Maurice Ager) 168,413
Total Salary 55,842,097
Cap Room 2,201,903
Wolves Responsibility for Curry:
3,980,069 + 15% trade kicker (597,010)
= 4,577,049
Wolves end of trade: (Cap Space)
Out: Corey Brewer 3,703,472
In: Anthony Randolph 1,965,720
Eddy Curry 11,873,873
Total: 13,839,593
Net Loss (Cap Space) 10,136,121
Salary Rest of Season
Brewer 1,307,107
3 Million Cash 3,000,000
4,307,107
Curry 4,577,049
Randolph 693,783
5,270,832
Cost of Trade in $ For Glen Taylor: 963,725
Possible savings from a Curry 20% signing bonus:
796,013
This trade could possibly cost Glen Taylor as little as $167,712.
2011-12 Salary On Books Max Cap Room Lux Tax Number
1 Michael Beasley 6,262,347 6,262,347 6,262,347 Team Option (Excercised)
2 Martell Webster 5,256,000 5,256,000 5,256,000
3 Darko Milicic 4,779,125 4,779,125 4,779,125
4 Kevin Love 4,609,701 4,609,701 4,609,701 Team Option (Excercised)
5 Nikola Pekovic 4,595,000 4,595,000 4,595,000
6 Wesley Johnson 4,006,080 4,006,080 4,006,080
7 Luke Ridnour 3,680,000 3,680,000 3,680,000
8 Johnny Flynn 3,414,720 3,414,720 3,414,720 Team Option (Excercised)
9 Anthony Randolph 2,911,231 2,911,231 2,911,231
10 Ricky Rubio 2,900,100 2,900,100 3,480,120
11 Kosta Koufos 2,203,792 2,203,792 2,203,792 Team Option (Excercised)
12 Anthony Tolliver 2,050,000 2,050,000 2,050,000
13 Wayne Ellington 1,154,040 1,154,040 1,154,040 Team Option (Excercised)
14 Lazar Hayward 1,097,520 1,097,520 1,097,520
15 #1 Pick (MN) 2,900,100 2,900,100 3,480,120 Estimated (5th overall)
16 #1 Pick (UTAH) 1,276,200 1,276,200 1,531,440 Estimated (18th overall)
Total Salary 53,095,956 53,095,956 54,511,236
Cap Room 4,948,044 4,948,044 3,532,764
Edit: Edited to reflect a 2/22/2012 trade consummation date.