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Cap Space Situation

Posted: Wed Jun 30, 2010 1:09 am
by mcgradyming
So after dealing with Yi and Hinrich, what is our cap number at? $41 million? Can we sign free agents first and then sign our rookie guys?

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:13 am
by montestewart
mcgradyming wrote:So after dealing with Yi and Hinrich, what is our cap number at? $41 million? Can we sign free agents first and then sign our rookie guys?

I think the fixed salaries for 1st rounders are counted against the cap even before the contract. Don't know about the 2nd rounder.

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:18 am
by Benjammin
The first round picks count against the cap, but not the 20% more they'll eventually get. Second round picks don't count until they actually sign.

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:22 am
by mcgradyming
montestewart wrote:
mcgradyming wrote:So after dealing with Yi and Hinrich, what is our cap number at? $41 million? Can we sign free agents first and then sign our rookie guys?

I think the fixed salaries for 1st rounders are counted against the cap even before the contract. Don't know about the 2nd rounder.



So we pretty much have $32m on the books without Hinrich. Then if we take Hinrich, we are at $41m. Add in John Wall and Trevor Booker ($5.5m), we are at $46.5m. Anyone know if the cap is going down this year from $57.7 million? If it stays $57.7m - 46.5m or $11.2m. This doesn't include Hamady who will be minimal, or Seraphin. Am I correct?

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:29 am
by Benjammin
After the Yi deal, I have the Wizards at 49.52 (I could be off somewhat, nate would be more correct) on their cap with the cap likely going down to 56.1-57.0 million. That's with 11 players under contract and you'd have to assume they're going to carry at least 13 players on their roster.

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:42 am
by mcgradyming
Benjammin wrote:After the Yi deal, I have the Wizards at 49.52 (I could be off somewhat, nate would be more correct) on their cap with the cap likely going down to 56.1-57.0 million. That's with 11 players under contract and you'd have to assume they're going to carry at least 13 players on their roster.


Are you including Seraphin? And does anyone know if he is coming over? I heard that his buyout deal is rather manageable and it'd be nice to have him here.

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:49 am
by Benjammin
Yeah, I included Seraphin.

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 2:09 am
by nate33
Here is our cap situation prior to the Yi trade. Add $3M to our salary afterwards:

viewtopic.php?f=35&t=988371&start=1215#p23967736

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 4:48 am
by mohammed10
nate33 wrote:Here is our cap situation prior to the Yi trade. Add $3M to our salary afterwards:

viewtopic.php?f=35&t=988371&start=1215#p23967736


So nate, you're saying that we still have a shot at LeBron?

:lol:

Re: Cap Space Situation

Posted: Wed Jun 30, 2010 1:50 pm
by WizStorm
mohammed10 wrote:
nate33 wrote:Here is our cap situation prior to the Yi trade. Add $3M to our salary afterwards:

viewtopic.php?f=35&t=988371&start=1215#p23967736


So nate, you're saying that we still have a shot at LeBron?

:lol:
Only if he's serious about winning a championship.

Re: Cap Space Situation

Posted: Thu Jul 8, 2010 12:04 am
by LyricalRico
Looks like the cap will be almost $2M higher than expected.

Re: Cap Space Situation

Posted: Thu Jul 8, 2010 12:40 am
by JonathanJoseph
I am a fan of the way we are playing the cap over the next 2 years

2011) Yi, Young, Thornton (~$10M) come off the books
2012) Hinrich ($8M) comes off the books.

Plenty of flexibilty going forward, but extensions required for Blatche and McGee.

Re: Cap Space Situation

Posted: Thu Jul 8, 2010 1:04 am
by mohammed10
JonathanJoseph wrote:I am a fan of the way we are playing the cap over the next 2 years

2011) Yi, Young, Thornton (~$10M) come off the books
2012) Hinrich ($8M) comes off the books.

Plenty of flexibilty going forward, but extensions required for Blatche and McGee.


Great...so we'll be in the same position in two years. Plenty of money for us to overspend on 2nd and 3rd rate players.

Methinks what some of us are afraid of are the pre-set excuses for being terrible over the next few years. Doesnt seem to mesh with having a $5mill/yr coach who supposedly wins 50 in his sleep, the #1 pick in the draft, and playing in the Eastern Conference. If it looks like Seraphin and Booker are scrubs, legit fire & brimstone can rain on EGs head without waiting 3yrs to see if they develop.

The other thing is- arent we doing the same as these other teams but just a few years down the line? We take on lousy Yi for no real reason other than he expires, eat Hinrich's $17mill (which will come off the books), Gil's deal will be much more manageable 2yrs from now and on and on we suck the whole time with an aim for some other big FA? How is that exactly different than what's going on now?

I'd like to set the bar at the team showing signs of strong potential THIS year. As in player(s) other than AB looking like they could be all-stars one day. So playoff talk in 2011 is legit and not to be scoffed at as too early in a rebuild.

Winning supposedly makes for an attractive FA destination....if we are looking 2yrs down the road at FAs, then we need to start winning (6-7th seed?) in Wall's 2nd year right?

Re: Cap Space Situation

Posted: Thu Jul 8, 2010 1:26 am
by nate33
Huh?

What exactly would you prefer us do? Sign Joe Johnson to a 5 year $100M contract?

The plan is simple. Accumulate draft picks and bargain free agents. Once they develop, add a key free agent or two, or use our cap space to facilitate a trade to bring in a premier player. Do you have a better plan?

Re: Cap Space Situation

Posted: Thu Jul 8, 2010 1:28 am
by nate33
LyricalRico wrote:Looks like the cap will be almost $2M higher than expected.

That's good news. Instead of $2.4M, we'll have $4.3M to use on a free agent swing man. (We can spend up to $10.3M if we're willing to sacrifice our $6M TPE.)

NBA Sets Cap At $58.044 Million For 10-11

Posted: Thu Jul 8, 2010 1:30 am
by hands11
http://basketball.realgm.com/src_wireta ... for_10_11/

The National Basketball Association today announced that the Salary Cap for the 2010-11 season will be $58.044 million. The tax level for the 2010-11 season has been set at $70.307 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $70.307 million.

The 2009-10 Salary Cap was $57.70 million and the tax level was $69.92 million.

Read more: http://basketball.realgm.com/src_wireta ... z0t3Aho0Km