Also, important to include a line for incentives in your cap trackers, as the hard cap at the apron uses all incentives, no matter how unlikely. So we have a little over 6M in unlikely incentives on the books between RJ, Jak and IQ.
So even though we are currently 4.7M clear of the tax, if guys hit their incentives we'll be over the tax line (I'm sure the incentives are tough enough to hit that this is exceedingly unlikely to occur).
And even though the hard cap at the apron is 7.3M higher than the tax line, we only have slightly more room to the hard cap (5.9M) than we do to the tax line. Because those incentives count towards the hard cap.
Updated 2024 Cap Situation
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Re: Updated 2024 Cap Situation
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Re: Updated 2024 Cap Situation
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Re: Updated 2024 Cap Situation
bluerap23 wrote:
Good catch. Yeah, hard capped but hardly matters in our case as there is zero chance we'd pay into the tax this year. They will want that cheque.
for sure, we arent going into tax until we are competitive again.
Re: Updated 2024 Cap Situation
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Re: Updated 2024 Cap Situation
oldncreaky wrote:SpezNc wrote:oldncreaky wrote:
Good work
FYI: You may have a formula error - the total Salaries equals the luxury tax line for season 2025-26 and beyond
It was on purpose because the money under the luxury tax is distributed equally under the TBD spots.
Example : 10 roster spots and 25 millions below luxury tax = 5 TBD spots with 5M each .
I am considering changing the allocation to minimum salaries in all but one TBA and then assign all the residual below luxury tax to the last TBA spot.
That way we could try to project the highest single player figure that technically we could add if the rest of roster is fill out with minimum salaries.
The salary floor is 90% of the Salary cap. For this season, that's a little less than $127M -- that's the amount teams are required to pay out. Teams are not required to pay out salaries above the salary floor. They also changed some other rules a bit around minimum payroll/salaries: in particular, a team that doesn't reach the salary floor is not eligible for luxury tax payments -- Detroit in particular was wrestling with reaching the salary floor by opening day.
Consult the CBA resource of your choice for details
As for the Salary floor, I don’t think the Raptors would be below 90% anytime soon.
But yeah it’s also why Houston overpaid FVV because giving a max contract to FVV didn’t really bother them .
In my projections I distributed the Tax room to the TBD player .
This can give an indication of what we can accomplish with the remaining tax room.
I always assumed a roster of 15 players each years !