Raptors Cap Situation - Woj: Cap at 70 million, Tax 84.7 million

[toronto16]

Okay thanks didn't know that

[hankscorpioLA]

Okay thanks didn't know that

www.cbafaq.com

Share and enjoy!

[whatamoron]

I know many of you guys like when i do this and to know where we stand after a move so i thought after the exciting news today i would update this. Enjoy.

Projected Cap & Luxury Tax for the 2014/2015 season

The 2014-15 salary cap is now projected to be $63.2 million and the tax level is projected to be $77.0 million.

http://www.cbssports.com/nba/eye-on-bas ... nticipated

2013/2014 Toronto Raptors Salary Cap
Kyle Lowry

$12,000,000

DeMar Derozan

$9,500,000

Landry Fields

$6,250,000

Amir Johnson

$7,000,000

Chuck Hayes

$6,000,000

Chuck Hayes

$5,958,750

Lou Williams

$5,450,000

Steve Novak

$3,445,947

Jonas Val

$3,678,360

Tyler Hansbrough

$3,326,235

Terrence Ross

$2,793,960

Bruno Caboclo

$1,215,300 (rookie scale)

Lucas Nogueira

$1,468,900 (rookie scale)

Marcus Camby

*$646,609

= 68,734,061

= 8,265,939 UNDER "projected" tax

* = buyout for Camby remaining on the cap still

all numbers from http://www.shamsports.com

Cap Holds/Qualifying Offers:

Qualifying Offers:
Greivis Vasquez

$3,203,780

Patrick Patterson

$4,319,474

Nando De Colo

$1,828,750

Cap Holds:
Greivis Vasquez

$5,375,470

Patrick Patterson

$7,763,253

Nando de Colo

$1,901,900

Depth Chart:

PG: Kyle Lowry / Grevis Vasquez / PG
SG: DeMar Derozan / Lou Williams / Landry Fields
SF: Terrence Ross / Bruno Caboclo / Steve Novak
PF: Amir Johnson / Patrick Patteson / Tyler Hansbrough
C: Jonas Val / Chuck Hayes / Lucas Nogueira

Conclusion:

I think both Vasquez & Patterson will be brought back. I see Nando unfortunately walking because i think he wouldnt find any minutes here (even in a Vasquez injury i see Williams being the backup PG) and i think the cheaper alternative is a minimum level player ala Buycks or someone from summer league.

This means we will not be using our MLE on Vince Carter or another wing/C like many of you want. I see Masai working a trade with Novak/Fields and getting a better fit behind Ross. You could use the stretch provision on Fields but i want to preserve as much cap space as possible for a big splash next summer so that wouldnt be an option for me. Fill the 3rd PG spot with the best PG from summer league and make a trade for a backup SF & C and i think we will be set. We should have enough room to keep GV & PP and remain below the projected luxury tax.

2015 Outlook:

roughly i project us having 48.7 in committed salaries. This includes Lowry, Patterson, Derozan, Ross, Val, Vasquez (4.5), Bebe, Bruno, 2015 1st, Novak. That should be enough for max cap space but it again is very important to move Novak for an expiring. It would open up a lot more room for us.

Can you please tell me why you counted Chuck Hayes salary as $6,000,000 and $5,900,000

[rapsrealm]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

[jonny three time]

Wrote Hayes name in place of fields.

Edit: my mistake fields is already on there

[Raps Maniac]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

VC & Vasquez

KD 2016 all falling into place...

[Rapsobsessed7]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

Should be Patterson. My mistake I copy and pasted it forgetting to change the name.

[hankscorpioLA]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

We have the full MLE to use no matter what.

The question is whether we can use the full MLE and also not pay any luxury tax.

And again, we won't know that until the specifics of all the deals are revealed.

[rapsrealm]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

We have the full MLE to use no matter what.

The question is whether we can use the full MLE and also not pay any luxury tax.

And again, we won't know that until the specifics of all the deals are revealed.

But if we are at 70,288,114 and we use the full MLE which is at 5,305,000 according to CBAfaq then we would be at $75,593,114 so we wouldn't we be under the luxury tax by $1,406,886?

[bigscrims]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

We have the full MLE to use no matter what.

The question is whether we can use the full MLE and also not pay any luxury tax.

And again, we won't know that until the specifics of all the deals are revealed.

But if we are at 70,288,114 and we use the full MLE which is at 5,305,000 according to CBAfaq then we would be at $75,593,114 so we wouldn't we be under the luxury tax by $1,406,886?

[hankscorpioLA]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

We have the full MLE to use no matter what.

The question is whether we can use the full MLE and also not pay any luxury tax.

And again, we won't know that until the specifics of all the deals are revealed.

But if we are at 70,288,114 and we use the full MLE which is at 5,305,000 according to CBAfaq then we would be at $75,593,114 so we wouldn't we be under the luxury tax by $1,406,886?

Yes...but until we know how the deals we sign are structured, we won't know exactly how much room we have.

For example, Lowry's deal could be $12 million per season evenly spread out or it could start around $11 mil with raises each year or it could start at $13 mil or more with reductions each year. Depending on which it is, will affect how much room we have under the luxury tax this season.

[Raptors-Son]

Excellent deal trading Novak to free up space.

Let's bring GV back and sign Vince and it should be a fun season next year!


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[Rapsobsessed7]

Updated with Novak trade.

Ignore the conclusion. Will update that later after work.

[chuckdevlin]

4.5m/3 for Vasquez

+

~7.5m/2 for a SF?
or
~5.5m/2 for a SF and 2m/2 for VC

Is that doable?^^^^^

Am I right in that we can drop Fields or Hayes and save 1m immediately each by doing so?

[ForeverTFC]

1 thing I would change here is the deals for BeBe and Bruno. Rookies - 95% of the time - get the maximum 20% raise on the rookie scale. In this case, it bring us down by another 0.5.

Depending on how deals are structured, I think we are safe to say that we have $11 million before the tax threshold.

[baulderdash77]

Bruno and Nogueira are actually still cap holds until the sign their rookie deals. They don't count against it until then.

Also I think you still have Pat Pat as a cap hold.

Still with 11 million under the tax, we can comfortably use our full MLE now to get another wing player.

[Zeno]

Not that I'm suggesting Masai should do this but isn't it conceivable if he had an attainable target for him to open up around 14 million in cap space this year by waiving and stretching Fields contract, trading away Amir without taking on salary (possible) and dumping Hayes on a team with a 1st rounder (not suggesting this, this is just an exercise) then signing Patterson and Vasquez to their new deals at a number below their current cap holds but holding off on the Lowry signing to maintain his cap hold at the lower 9.3 million number.

You'd have…

Kyle Lowry
$9,300,000 cap hold

DeMar Derozan
$9,500,000

Landry Fields
$2,080,000

Patterson
$6,000,000

Lou Williams
$5,450,000

Vasquez
4,000,000 (just throwing this number out there)

Jonas Val
$3,678,360

Tyler Hansbrough
$3,326,235

Terrence Ross
$2,793,960

Bruno Caboclo
$1,215,300 (rookie scale)

Lucas Nogueira
$1,468,900 (rookie scale)

Marcus Camby
*$646,609

assuming a withdrawal of the Nando's Qualifying Offer and a couple of roster capholds at minimum, I've got it as being possible, though perhaps not advisable for the Raptors to drop around 13 million under the projected cap this year if able to dump Hayes and Amir on teams without taking back salary. Is this correct?

[Brettfinch]

I was looking at that as well...I think he meant to write Patrick Patterson for 6,000,000 and Hayes at 5,900,000. So calculating it myself, with Novak gone we are down to $65,288,114. If we sign Vasquez at 5,000,000 we would be at 70,288,114---so we wouldn't we have the full MLE to use?

We have the full MLE to use no matter what.

The question is whether we can use the full MLE and also not pay any luxury tax.

And again, we won't know that until the specifics of all the deals are revealed.

But if we are at 70,288,114 and we use the full MLE which is at 5,305,000 according to CBAfaq then we would be at $75,593,114 so we wouldn't we be under the luxury tax by $1,406,886?

Tada lol thank you for putting a number out so people can stop asking the same damn question over and over, we can sign vc and not go over luxury cap

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[Jermaine OBosh]

I don't know how true is this.

KC ‏@kc1nyk 2h
Report: #Raptors Expected to Sign Stash C-PF Lucas Nogueira for next season.

[jonny three time]

I don't know how true is this.

KC ‏@kc1nyk 2h
Report: #Raptors Expected to Sign Stash C-PF Lucas Nogueira for next season.

If this is true we gotta use that last roster spot on a bench C. Prospects look thin too.

Will Blatche keep his head on straight after getting a multi year deal?

Are Okafor or Smith going to be healthy?

Are steimsma, udoh, ayon, nazr, Blair etc. an upgrade from hands bro or Hayes?