SideSwipe wrote:bwgood77 wrote:DarkHawk wrote:
If we have the room, I'd absorb him and a cheap asset for something minor if they want to dump him. No reason to restrict it to just Philly being involved.
I just looked at NY's cap situation and it makes zero sense for them to get rid of him at the deadline because it doesn't put them under the cap. The only reason to trade him would be to get far enough under the cap to be able to take back more salary in a trade before the deadline. It makes no sense for them to give up assets to get rid of him mid season unless they can also trade a few other salaries away.
That article was based on the thoughts and comments of Steve Kyler who is pretty much an idiot.
Someone out there correct me if I am wrong, but CAP is only for signing new contracts, all other metrics are based on actual salary. So, while Kyler doesn't seemt o fully get it, I think the reasoning behind such a trade would be to reduce the tax load on NYK. BY eliminating that last 7 million of Stats salary they could be saving themselves as much as $21 million I think as a multi-year tax payer. That's a lot of reasons to trade him.
On the flip side, however, simply acquiring Stat at that point in the season will not eliminate Philly's need to get to the salary floor. I believe (again, correct me if I'm wrong) the salary floor is based on actual salary, not cap, so taking Stat back would only get Philly 1/3rd of the way to the floor. In that case the rest of the team would pocket the extra $14-$15 million that would be left over.
That's how I understand it works. Not sure if I have it all straight though.
It is based on the cap number. Certain things count toward the floor that do not count agains the cap i.e. amnestied players count when looking at the floor.
As for Stoudemire's contract - he is owed $22M not $7M. The article is poorly written. What the writer was trying to say is that acquiring Stoudemire's contract will put the Sixers $7M above the floor - they are currently $15M below the floor. If the Sixers do not add salary, they will have to pay the $15M to their existing players - to the extent they are eligible - pro-rata to their roster players. Hence the incremental out of pocket to the Sixers is only $7M. I say to the extent eligible, I believe players on rookie contractors are capped by the CBA and cannot receive a share of the deficit if it would raise their compensation above the CBA cap. Given their roster make-up, the vets will get a nice bonus.
Further, these determinations are not made at the start of the season but after the trade deadline and the entire amount of the cap number counts against the floor and tax calculations. Financially it would be beneficial to take Stoudemire or whatever else the Sixers take on to get over the floor (assuming they want to) close to the deadline.










