2010-11 San Antonio Spurs Salaries

Reigning Black · Post #1 » by **Reigning Black** » Thu Jul 29, 2010 6:43 am

Would you like to know where the 2010-11 Spurs stand with regards to the cap and luxury tax? Maybe you'd just like to know what Jefferson's opt-out means to the bottom line and just how advantageous it was for the Spurs?

As would I. ... Let me know if you hear anything.

But until then, I'll see what I can come up with.

Following are the salaries for the guaranteed 11 players under contract and the 4 non-guaranteed roster hopefuls. They've been listed in the order they were signed/came to terms in an effort to see what the Spurs' front office saw every step of the way -- the roster's total is shown after each signing to display where the Spurs were in relation to the cap and what moves they made with that knowledge in hand. Also along the way, Richard Jefferson's (RJ) original $15.2 million dollar contract was calculated to show what an opt-in could have meant.(Special thanks to Sham and Bruno for the help and L.J. Ellis for Neal and Jefferson's numbers.)

Continue Reading >>>> http://bit.ly/9rC1DY

co_laper · Post #2 » by **co_laper** » Thu Jul 29, 2010 11:57 am

Well John Hollinger provided us with the information on how Jefferson's opt-in would've affected the Spurs.

Follow the money, however. Jefferson's opt-out and lower-salaried return means the Spurs will save about $17 million in salary, luxury tax and tax distributions this year (if one presumes Splitter was coming regardless). Jefferson's new deal cost $31 million after this season, which is all we care about since the Spurs were paying him in 2010-11 either way. Subtract $17 million from $31 million and you end up with Jefferson's deal as a three-year, $14 million extension, which seems eminently reasonable … if you were going to prearrange such a thing.

Also, Jefferson's opt out allowed us the flexibility to sign Splitter and Bonner.

Donald Kaufman · Post #3 » by **Donald Kaufman** » Thu Jul 29, 2010 1:50 pm

So the only place RJ actually helped the team is off the court...interesting.

Reigning Black · Post #4 » by **Reigning Black** » Thu Jul 29, 2010 6:20 pm

co_laper wrote:Well John Hollinger provided us with the information on how Jefferson's opt-in would've affected the Spurs.

Follow the money, however. Jefferson's opt-out and lower-salaried return means the Spurs will save about $17 million in salary, luxury tax and tax distributions this year (if one presumes Splitter was coming regardless). Jefferson's new deal cost $31 million after this season, which is all we care about since the Spurs were paying him in 2010-11 either way. Subtract $17 million from $31 million and you end up with Jefferson's deal as a three-year, $14 million extension, which seems eminently reasonable … if you were going to prearrange such a thing.

Also, Jefferson's opt out allowed us the flexibility to sign Splitter and Bonner.

Reading Hollinger's piece almost makes me believe he's discovered Reigning Black -- the mentioning of R.J.'s request for $40M during the season and his $17M figure. :lol:

We actually put together a piece on June, 30 that came pretty close to the actual number R.J. opting out would improve Holt's bottom line by, which can be seen here >>> http://bit.ly/dv4R5T and expanded upon here >>> http://bit.ly/9tSLaj

What Hollinger did was give a rough estimate. I actually broke it all down and got as precise a reading possible without knowing the finished roster and the exact contracts for Bonner or Neal, even I believe them to be accurate or pretty close.

All tolled, contract, tax and redistribution = $24,153,338 for 13 players; $25,007,727 for 14. Subtract $8.4M from one of those numbers (R.J.'s amount for this year) and you find the amount actually saved next year.

SApuro_ · Post #5 » by **SApuro_** » Fri Jul 30, 2010 5:17 am

Keep it up RB. I like reading your articles. Even though most of it is covered in articles already on the streets you compile the info well. I never can get enough Spurs so if you keep posting, I'll keep reading.

Reigning Black · Post #6 » by **Reigning Black** » Fri Jul 30, 2010 5:47 am

SApuro_ wrote:Keep it up RB. I like reading your articles. Even though most of it is covered in articles already on the streets you compile the info well. I never can get enough Spurs so if you keep posting, I'll keep reading.

Appreciate it SApuro.

Yeah, we're not exactly reporters at this point, lacking any great access or whatnot, but we'd like to think we've got a pretty good grasp of the game and some insight and analysis that can buy us time while we get our feet wet and build or brand, so to speak. It's a little sporadic for us at the moment, Eric's in school and I've got some responsibilities that have to take precedent for the time being, but we're hoping to be around for a while. Thanks for the support and we'd love to see you and others posting over at RB from time to time to get the conversation going over there -- lob us some questions and/or give us some suggestions on topics you'd like us to cover. We're always down to talk some Spurs and have a good back and forth.

Reigning Black · Post #7 » by **Reigning Black** » Wed Aug 4, 2010 1:08 am

The salaries are in and I've broken it down so you can see just where the money went, where they are in terms of the cap, what RJ's opt-out/re-signing meant and what they have left of their exceptions -- good resource to bookmark for all you Spurs fans that are of the sick puppy variety.

Here ya go: http://bit.ly/9vDsMO