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Suns salaries/cap space (or lack thereof) going forward

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Suns salaries/cap space (or lack thereof) going forward 

Post#1 » by bwgood77 » Mon Jan 9, 2023 11:40 pm

This shows our cap for each year. Should help with trade ideas. I felt it might save GoK in particular ample time to make sure all proposed trades are possible.

As you can see, next year, if we cut Paul and Payne, we are at $138 million (we would pay them a total of $17.8 to cut them)...but if we keep them, our salary is at $157 million without cap holds for current players not under contract/draft picks/minimums to fill out roster.

The cap is projected at $134 million and the tax at $162 million.

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Our tax payment for this year appears to be almost $35 million.

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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#2 » by Desertfox » Tue Jan 10, 2023 1:52 am

So cutting Payne and Paul does zero for the team.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#3 » by bwgood77 » Tue Jan 10, 2023 1:59 am

Desertfox wrote:So cutting Payne and Paul does zero for the team.


Well, they would reduce the tax, because once we fill out the roster, we will be in the tax. And if we send out expirings this year and take back salary that goes past this year, we will be quite a bit into the tax. That would be the reason they cut Paul. It would probably save us more than double the $15 million difference...cutting him would save you the $15 base salary and probably a lot more than that in tax.

If they don't care about tax, it might make sense to keep him because then he would be a $30 million expiring that is probably at least a decent player...with no dead salary the next year. Even if he was a little worse next year, his trade value would be higher because he is a $30 million expiring and you wouldn't have to pay him not to play the following year since none is guaranteed and it's a full team option.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#4 » by Ghost of Kleine » Tue Jan 10, 2023 2:27 am

bwgood77 wrote:This shows our cap for each year. Should help with trade ideas. I felt it might save GoK in particular ample time to make sure all proposed trades are possible.

As you can see, next year, if we cut Paul and Payne, we are at $138 million (we would pay them a total of $17.8 to cut them)...but if we keep them, our salary is at $157 million without cap holds for current players not under contract/draft picks/minimums to fill out roster.

The cap is projected at $134 million and the tax at $162 million.

Image

Our tax payment for this year appears to be almost $35 million.

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That's great man! And thanks for helping out! So now that you've indicated cutting Paul and Payne would put us at around 138 million, where do you suppose we would be at if we traded say...................

Paul/ Crowder/ Shamet for Westbrick (expiring) and Toscano Anderson?? Instead of having to pay 15 million to offload Paul's partial guarantee, wouldn't that end up shaving around 48- 49 million?? And have us at around
118 million or around 32 million under the luxury tax or 12 under the cap?? Or say if we traded Paul and Crowder for Russell and Prince ( 7 million unguaranteed contract). Wouldn't that basically shave around 35 million off our books this summer 45 million with Saric's expiring and 50 million with Craig also coming off the books!

I could see either of those trades being very REALISTICALLY possible IF the suns are willing to commit to moving Paul and clearing cap space!
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#5 » by bwgood77 » Tue Jan 10, 2023 2:52 am

Ghost of Kleine wrote:
bwgood77 wrote:This shows our cap for each year. Should help with trade ideas. I felt it might save GoK in particular ample time to make sure all proposed trades are possible.

As you can see, next year, if we cut Paul and Payne, we are at $138 million (we would pay them a total of $17.8 to cut them)...but if we keep them, our salary is at $157 million without cap holds for current players not under contract/draft picks/minimums to fill out roster.

The cap is projected at $134 million and the tax at $162 million.

Image

Our tax payment for this year appears to be almost $35 million.

Spoiler:
Read on Twitter


That's great man! And thanks for helping out! So now that you've indicated cutting Paul and Payne would put us at around 138 million, where do you suppose we would be at if we traded say...................

Paul/ Crowder/ Shamet for Westbrick (expiring) and Toscano Anderson?? Instead of having to pay 15 million to offload Paul's partial guarantee, wouldn't that end up shaving around 48- 49 million?? And have us at around
118 million or around 32 million under the luxury tax or 12 under the cap?? Or say if we traded Paul and Crowder for Russell and Prince ( 7 million unguaranteed contract). Wouldn't that basically shave around 35 million off our books this summer 45 million with Saric's expiring and 50 million with Craig also coming off the books!

I could see either of those trades being very REALISTICALLY possible IF the suns are willing to commit to moving Paul and clearing cap space!


Using the guaranteed contract amounts of keeping Paul ($30.8) and then Shamet ($10.2) and taking back expirings instead of having those on the books saves $41 million off of the $157, so we'd be at $116, though I think that leaves us with only 5 players, so you'd have 10 cap holds of at least $1.6 (probalby more) or $16 million more, so our cap with holds (and that's 10 minimums, not draft picks, etc)...we'd be at $132.

With the projected cap at $134, there is pretty much no chance to create much cap space for us unless we traded one of our other 4 starters for an expiring.

None of that makes sense when FA is not guaranteed.

Our only chance is trades or draft picks. That's why, as dremill suggested, even if we can't find a good trade, maybe we just take back ok players who at least have contracts so we will maintain tradable pieces..maybe expiring ones.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#6 » by bwgood77 » Tue Jan 10, 2023 3:08 am

Actually that sheet (which is from David (theIVpointplay on twitter), has a Cam extension on it for it looks like 4/$90, so that should be changed. His cap hold is about $17.7, so that gives us about $2.4 million too. I imagine we sign him for no more than his cap hold. I don't think he will get 4/$90...not after being injured again. I think 4/$70 tops (which is still a straight avg of $17.5 a year).
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#7 » by lilfishi22 » Tue Jan 10, 2023 3:18 am

I really wonder if we're going to do anything with CP3's contract before the trade deadline. Not saying the $15m-ish we'll be saving in cap space and tax (but also wasting in dead guaranteed salary) is going to make any difference on the free agent market this offseason but whether there is even appetite to move on from Chris this season.

We haven't heard a single peep or rumor from anyone about any team or Suns even mentioning CP3 so I'm guessing there's next to no chance of that happening. CP3's deal is fully guaranteed for 23-24 at the end of June so I suppose we have time to cut him and just eat the dead salary if we wanted to lower our tax for next year or in a more unlikely scenario, find an trade after the end of our season but before the deadline.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#8 » by dremill24 » Tue Jan 10, 2023 3:20 am

This is both frustrating and hilarious to watch at the same time lol
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#9 » by Ghost of Kleine » Tue Jan 10, 2023 3:36 am

bwgood77 wrote:
Ghost of Kleine wrote:
bwgood77 wrote:This shows our cap for each year. Should help with trade ideas. I felt it might save GoK in particular ample time to make sure all proposed trades are possible.

As you can see, next year, if we cut Paul and Payne, we are at $138 million (we would pay them a total of $17.8 to cut them)...but if we keep them, our salary is at $157 million without cap holds for current players not under contract/draft picks/minimums to fill out roster.

The cap is projected at $134 million and the tax at $162 million.

Image

Our tax payment for this year appears to be almost $35 million.

Spoiler:
Read on Twitter


That's great man! And thanks for helping out! So now that you've indicated cutting Paul and Payne would put us at around 138 million, where do you suppose we would be at if we traded say...................

Paul/ Crowder/ Shamet for Westbrick (expiring) and Toscano Anderson?? Instead of having to pay 15 million to offload Paul's partial guarantee, wouldn't that end up shaving around 48- 49 million?? And have us at around
118 million or around 32 million under the luxury tax or 12 under the cap?? Or say if we traded Paul and Crowder for Russell and Prince ( 7 million unguaranteed contract). Wouldn't that basically shave around 35 million off our books this summer 45 million with Saric's expiring and 50 million with Craig also coming off the books!

I could see either of those trades being very REALISTICALLY possible IF the suns are willing to commit to moving Paul and clearing cap space!


Using the guaranteed contract amounts of keeping Paul ($30.8) and then Shamet ($10.2) and taking back expirings instead of having those on the books saves $41 million off of the $157, so we'd be at $116, though I think that leaves us with only 5 players, so you'd have 10 cap holds of at least $1.6 (probalby more) or $16 million more, so our cap with holds (and that's 10 minimums, not draft picks, etc)...we'd be at $132.

With the projected cap at $134, there is pretty much no chance to create much cap space for us unless we traded one of our other 4 starters for an expiring.

None of that makes sense when FA is not guaranteed.

Our only chance is trades or draft picks. That's why, as dremill suggested, even if we can't find a good trade, maybe we just take back ok players who at least have contracts so we will maintain tradable pieces..maybe expiring ones.


Thanks again man! That makes more sense now. So there's no way to clear those cap holds other than renouncing them then? Or could we even do that though?
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#10 » by bwgood77 » Tue Jan 10, 2023 3:37 am

lilfishi22 wrote:I really wonder if we're going to do anything with CP3's contract before the trade deadline. Not saying the $15m-ish we'll be saving in cap space and tax (but also wasting in dead guaranteed salary) is going to make any difference on the free agent market this offseason but whether there is even appetite to move on from Chris this season.

We haven't heard a single peep or rumor from anyone about any team or Suns even mentioning CP3 so I'm guessing there's next to no chance of that happening. CP3's deal is fully guaranteed for 23-24 at the end of June so I suppose we have time to cut him and just eat the dead salary if we wanted to lower our tax for next year or in a more unlikely scenario, find an trade after the end of our season but before the deadline.


You know, thinking about it, I thought the Lakers were the only team that Paul might be traded to, but thinking more on it, the Lakers will have cap space this summer. They only have $98 million in salaries for next year...so with that in mind, and the chance to sign a nice FA, it would seem to be pretty dumb for them to trade for Paul...even if they cut him that would obviously substantially bit into their cap space. Unless they think Paul for next year is better than any FA they could sign. With other cap holds (minimum roster build out) they would have less than $30 million...maybe around $20 million or a little less.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#11 » by bwgood77 » Tue Jan 10, 2023 3:43 am

Ghost of Kleine wrote:
bwgood77 wrote:
Ghost of Kleine wrote:
That's great man! And thanks for helping out! So now that you've indicated cutting Paul and Payne would put us at around 138 million, where do you suppose we would be at if we traded say...................

Paul/ Crowder/ Shamet for Westbrick (expiring) and Toscano Anderson?? Instead of having to pay 15 million to offload Paul's partial guarantee, wouldn't that end up shaving around 48- 49 million?? And have us at around
118 million or around 32 million under the luxury tax or 12 under the cap?? Or say if we traded Paul and Crowder for Russell and Prince ( 7 million unguaranteed contract). Wouldn't that basically shave around 35 million off our books this summer 45 million with Saric's expiring and 50 million with Craig also coming off the books!

I could see either of those trades being very REALISTICALLY possible IF the suns are willing to commit to moving Paul and clearing cap space!


Using the guaranteed contract amounts of keeping Paul ($30.8) and then Shamet ($10.2) and taking back expirings instead of having those on the books saves $41 million off of the $157, so we'd be at $116, though I think that leaves us with only 5 players, so you'd have 10 cap holds of at least $1.6 (probalby more) or $16 million more, so our cap with holds (and that's 10 minimums, not draft picks, etc)...we'd be at $132.

With the projected cap at $134, there is pretty much no chance to create much cap space for us unless we traded one of our other 4 starters for an expiring.

None of that makes sense when FA is not guaranteed.

Our only chance is trades or draft picks. That's why, as dremill suggested, even if we can't find a good trade, maybe we just take back ok players who at least have contracts so we will maintain tradable pieces..maybe expiring ones.


Thanks again man! That makes more sense now. So there's no way to clear those cap holds other than renouncing them then? Or could we even do that though?


You can clear Cam Johnson (and any other unsigned current player cap holds) by renouncing them. But we wouldn't renounce Cam..we will at a minimum, let him go into RFA.

You can't renounce the minimum cap holds for unused roster spots because you have to have a full roster...so they put holds on at the min for all unfilled spots.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#12 » by Ghost of Kleine » Tue Jan 10, 2023 3:46 am

bwgood77 wrote:
Ghost of Kleine wrote:
bwgood77 wrote:
Using the guaranteed contract amounts of keeping Paul ($30.8) and then Shamet ($10.2) and taking back expirings instead of having those on the books saves $41 million off of the $157, so we'd be at $116, though I think that leaves us with only 5 players, so you'd have 10 cap holds of at least $1.6 (probalby more) or $16 million more, so our cap with holds (and that's 10 minimums, not draft picks, etc)...we'd be at $132.

With the projected cap at $134, there is pretty much no chance to create much cap space for us unless we traded one of our other 4 starters for an expiring.

None of that makes sense when FA is not guaranteed.

Our only chance is trades or draft picks. That's why, as dremill suggested, even if we can't find a good trade, maybe we just take back ok players who at least have contracts so we will maintain tradable pieces..maybe expiring ones.


Thanks again man! That makes more sense now. So there's no way to clear those cap holds other than renouncing them then? Or could we even do that though?


You can clear Cam Johnson (and any other unsigned current player cap holds) by renouncing them. But we wouldn't renounce Cam..we will at a minimum, let him go into RFA.

You can't renounce the minimum cap holds for unused roster spots because you have to have a full roster...so they put holds on at the min for all unfilled spots.


Thank you man! :D
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#13 » by sunskerr » Tue Jan 10, 2023 5:41 am

Man $30 mil for Ayton...

come on...
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#14 » by Bogyo » Tue Jan 10, 2023 6:15 am

Thanks BW - needed this, as I wasn't fully up to date on it. I had a feeling that we were pretty capped out, CP or no CP - that's why I've been trying to come up with CP trades (or trades in general) where we kinda keep our salary structure, so Ishbia can work from that.

Sooo, the Clippers trades for CP+Crowder are looking best for both sides... thats about 40 mill salary for 2 players for us, and we'd take back 3 players (contracts) most likely. They have 8 players with salaries between 16 and 8 mill, so plenty to work with from there.
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#15 » by Ghost of Kleine » Tue Jan 10, 2023 6:25 am

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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#16 » by Frank Lee » Sun Jan 15, 2023 7:58 pm

bwgood77 wrote:
lilfishi22 wrote:I really wonder if we're going to do anything with CP3's contract before the trade deadline. Not saying the $15m-ish we'll be saving in cap space and tax (but also wasting in dead guaranteed salary) is going to make any difference on the free agent market this offseason but whether there is even appetite to move on from Chris this season.

We haven't heard a single peep or rumor from anyone about any team or Suns even mentioning CP3 so I'm guessing there's next to no chance of that happening. CP3's deal is fully guaranteed for 23-24 at the end of June so I suppose we have time to cut him and just eat the dead salary if we wanted to lower our tax for next year or in a more unlikely scenario, find an trade after the end of our season but before the deadline.


You know, thinking about it, I thought the Lakers were the only team that Paul might be traded to, but thinking more on it, the Lakers will have cap space this summer. They only have $98 million in salaries for next year...so with that in mind, and the chance to sign a nice FA, it would seem to be pretty dumb for them to trade for Paul...even if they cut him that would obviously substantially bit into their cap space. Unless they think Paul for next year is better than any FA they could sign. With other cap holds (minimum roster build out) they would have less than $30 million...maybe around $20 million or a little less.


What’s more likely to happen is GrandPaul will stay on this yr, then, in a feel good moment for all, Jones will release CP, touting the tax savings, assgrabbingly groveling him out the door….Then Lebron and co will sign him for cheap.

I’d bet it’s already the plan, and was likely devised on his extension day.



Outside chance to prevent this double agent move?

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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#17 » by Ghost of Kleine » Wed Jan 25, 2023 5:18 am

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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#18 » by BobbieL » Wed Jan 25, 2023 2:25 pm

lilfishi22 wrote:I really wonder if we're going to do anything with CP3's contract before the trade deadline. Not saying the $15m-ish we'll be saving in cap space and tax (but also wasting in dead guaranteed salary) is going to make any difference on the free agent market this offseason but whether there is even appetite to move on from Chris this season.

We haven't heard a single peep or rumor from anyone about any team or Suns even mentioning CP3 so I'm guessing there's next to no chance of that happening. CP3's deal is fully guaranteed for 23-24 at the end of June so I suppose we have time to cut him and just eat the dead salary if we wanted to lower our tax for next year or in a more unlikely scenario, find an trade after the end of our season but before the deadline.


I have thought about this and Paul. Especially when he was hurt and wasn't sure when he would be back. Now there is a window I would think to trade him around the draft time and the team that gets him would be taking on the contract and can waive the 15.8m but the Suns would have to take back 25-30m. So the time to trade Paul is now

As for trades - its important the Suns do get back contracts for next year. Grayson Allen is signed for 8.5m next year. The Suns are going to have to be smart with the cap in terms of roster management even if they pay the lux tax

thanks for posting BWG - good stuff
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#19 » by BobbieL » Wed Jan 25, 2023 2:28 pm

Bogyo wrote:Thanks BW - needed this, as I wasn't fully up to date on it. I had a feeling that we were pretty capped out, CP or no CP - that's why I've been trying to come up with CP trades (or trades in general) where we kinda keep our salary structure, so Ishbia can work from that.

Sooo, the Clippers trades for CP+Crowder are looking best for both sides... thats about 40 mill salary for 2 players for us, and we'd take back 3 players (contracts) most likely. They have 8 players with salaries between 16 and 8 mill, so plenty to work with from there.


Covington, Reggie Jackson and Batum for Crowder and Paul?

Maybe the Suns just need to talk to Paul and see if a trade to the Clippers is amenable
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Re: Suns salaries/cap space (or lack thereof) going forward 

Post#20 » by Bogyo » Wed Jan 25, 2023 6:43 pm

BobbieL wrote:
Bogyo wrote:Thanks BW - needed this, as I wasn't fully up to date on it. I had a feeling that we were pretty capped out, CP or no CP - that's why I've been trying to come up with CP trades (or trades in general) where we kinda keep our salary structure, so Ishbia can work from that.

Sooo, the Clippers trades for CP+Crowder are looking best for both sides... thats about 40 mill salary for 2 players for us, and we'd take back 3 players (contracts) most likely. They have 8 players with salaries between 16 and 8 mill, so plenty to work with from there.


Covington, Reggie Jackson and Batum for Crowder and Paul?

Maybe the Suns just need to talk to Paul and see if a trade to the Clippers is amenable



That's a solution. There are multiple there... 4-5 like this easy. If you consider taking or adding draft picks there are even more.
Although if we give them CP+Crowder they are win now, and we are soft-tanking - so makes the draft picks somewhat moot either way.
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