Can the Warriors use the Iguodala TPE?

[NYG]

The Iguodala TPE expires 10/24/2020 so can they no longer use it in a trade? There’s no announced Covid extension, right?

[DBoys]

That supposed 10/24 "deadline" is meaningless. And no team is going to do ANY player-related business, until the league figures the resolution of the CBA/cap/tax/rules issues. So there's no reason for any team to worry about it, or try to fugure it out.

That means ALL dates and deadlines that were originally in the off-season between the original end of the 2019-20 season and beginning of the 2020-21 regular season (original dated mid-June 2020 to late October 2020) are still up in the air, other than the date for the 2020 draft.

The next thing that will happen is the resolution of the CBA/cap/tax/rules issues. It will almost certainly contain a new setting of all those dates and deadlines.

[Warriorfan]

It's one week after open new season

[DBoys]

It's one week after open new season

Unless there is brand new news from the current negotiations (and I have seen none, and don't expect we will have any until the last day or so), this is just someone's guess (or failure to read with comprehension). That was the ORIGINAL timeline date. But the new one remains to be determined - the league could keep the same relative schedule, but it might not, because the compacted schedule they are discussing means all kinds of timelines have to be shortened.

Not that GS is likely to use it anyhow. The reason they have the TE in the first place was because they needed to reduce their payroll; and using it would erase that reduction they paid for already. In a time when lack of revenues are killing everyone, and they are already well over the tax line, adding on a big chunk of extra salary (and the massive tax that would incur) would be most unlikely.

[Warriorfan]

It's one week after open new season

Unless there is brand new news from the current negotiations (and I have seen none, and don't expect we will have any until the last day or so), this is just someone's guess (or failure to read with comprehension). That was the ORIGINAL timeline date. But the new one remains to be determined - the league could keep the same relative schedule, but it might not, because the compacted schedule they are discussing means all kinds of timelines have to be shortened.

Not that GS is likely to use it anyhow. The reason they have the TE in the first place was because they needed to reduce their payroll; and using it would erase that reduction they paid for already. In a time when lack of revenues are killing everyone, and they are already well over the tax line, adding on a big chunk of extra salary (and the massive tax that would incur) would be most unlikely.

Warriors traded Iguadalla in order to have the cap space to DLo a max deal.

[DBoys]

It's one week after open new season

Unless there is brand new news from the current negotiations (and I have seen none, and don't expect we will have any until the last day or so), this is just someone's guess (or failure to read with comprehension). That was the ORIGINAL timeline date. But the new one remains to be determined - the league could keep the same relative schedule, but it might not, because the compacted schedule they are discussing means all kinds of timelines have to be shortened.

Not that GS is likely to use it anyhow. The reason they have the TE in the first place was because they needed to reduce their payroll; and using it would erase that reduction they paid for already. In a time when lack of revenues are killing everyone, and they are already well over the tax line, adding on a big chunk of extra salary (and the massive tax that would incur) would be most unlikely.

Warriors traded Iguadalla in order to have the cap space to DLo a max deal.

No. They had ZERO cap space for Russell. He wasn't a free agent signing - they were far over the cap, and they got him via trade.

The purpose of the Iggy trade was about reducing salary, for taxes.

They paid almost $52M in tax the prior season. Big raises to Klay and Dray were ahead. The repeater surcharge was about to be added, making it even worse. They desperately needed to get under the tax line for a season, to get a "no tax" year in the mix that would prevent that repeater status hitting them.

Erasing Iggy's $16M was key to them landing below the tax line, saving not only the $16M salary but also all that tax on top - and gave them a "no tax" year for the repeater determination that impacts tax amount due for the following 4 years.

[Warriorfan]

GS needed the space to fill the rest of the roster to avoid the hard cap

Warriors avoided the repeater tax becsuse it was a lost season due to Curry injury

httpsaa://syndication.bleacherreport.com/amp/2843663-latest-on-warriors-cap-space-after-dangelo-russell-andre-iguodala-trades.amp.htmlaww

[DBoys]

GS needed the space to fill the rest of the roster to avoid the hard cap

Warriors avoided the repeater tax becsuse it was a lost season due to Curry injury

Sorry, but no.

There was no hard cap FORCING them to do the Iggy deal. They did the Iggy deal in June before free agency even began, reported in June. It was a desire to reduce salary. (They had to wait until July to execute it, because Memphis had to have the cap room open, which wouldn't happen until July 1.)

Near the end of the moratorium, about a week or more later, GS was able to reach a trade deal for Russell. That Russell deal in July was what created the hard cap situation they had to deal with as they went along (although they were already headed for even lower than that by season's end).

The Curry injury months later did make it a lost season. But from before the year began on July 1, with Durant expected to be leaving and the tax issues they had, it was always a virtual certainty that if KD left they were going to find a way to get under the tax line by the time the season ended. Like all teams, they downplayed their priority was to shed salary and avoid tax, but everyone with a lick of cap perception around the NBA saw it coming and knew it from day one. The Curry injury gave them an easy out as an excuse to fans, but it was going to happen anyway. All their moves were done in such a way where they could get it done whenever they were ready.

[Scoot McGroot]

GS needed the space to fill the rest of the roster to avoid the hard cap

Warriors avoided the repeater tax becsuse it was a lost season due to Curry injury

Sorry, but no.

There was no hard cap FORCING them to do the Iggy deal. They did the Iggy deal in June before free agency even began, reported in June. It was a desire to reduce salary. (They had to wait until July to execute it, because Memphis had to have the cap room open, which wouldn't happen until July 1.)

Near the end of the moratorium, about a week or more later, GS was able to reach a trade deal for Russell. That Russell deal in July was what created the hard cap situation they had to deal with as they went along (although they were already headed for even lower than that by season's end).

The Curry injury months later did make it a lost season. But from before the year began on July 1, with Durant expected to be leaving and the tax issues they had, it was always a virtual certainty that if KD left they were going to find a way to get under the tax line by the time the season ended. Like all teams, they downplayed their priority was to shed salary and avoid tax, but everyone with a lick of cap perception around the NBA saw it coming and knew it from day one. The Curry injury gave them an easy out as an excuse to fans, but it was going to happen anyway. All their moves were done in such a way where they could get it done whenever they were ready.

GS traded Iggy on July 7, on the same day that Russell was S&T to GS for Durant. GS had to clear salary to get under the hard cap at the apron due to receiving Russell via S&T. If they didn't receive Russell via S&T, they wouldn't have had to deal Iguodala, as I don't recall them having any other large salary to deal away (that they were willing to do so) to get under the apron.

[DBoys]

GS needed the space to fill the rest of the roster to avoid the hard cap

Warriors avoided the repeater tax becsuse it was a lost season due to Curry injury

Sorry, but no.

There was no hard cap FORCING them to do the Iggy deal. They did the Iggy deal in June before free agency even began, reported in June. It was a desire to reduce salary. (They had to wait until July to execute it, because Memphis had to have the cap room open, which wouldn't happen until July 1.)

Near the end of the moratorium, about a week or more later, GS was able to reach a trade deal for Russell. That Russell deal in July was what created the hard cap situation they had to deal with as they went along (although they were already headed for even lower than that by season's end).

The Curry injury months later did make it a lost season. But from before the year began on July 1, with Durant expected to be leaving and the tax issues they had, it was always a virtual certainty that if KD left they were going to find a way to get under the tax line by the time the season ended. Like all teams, they downplayed their priority was to shed salary and avoid tax, but everyone with a lick of cap perception around the NBA saw it coming and knew it from day one. The Curry injury gave them an easy out as an excuse to fans, but it was going to happen anyway. All their moves were done in such a way where they could get it done whenever they were ready.

GS traded Iggy on July 7, on the same day that Russell was S&T to GS for Durant. GS had to clear salary to get under the hard cap at the apron due to receiving Russell via S&T. If they didn't receive Russell via S&T, they wouldn't have had to deal Iguodala, as I don't recall them having any other large salary to deal away (that they were willing to do so) to get under the apron.

Your dates are "right" but your picture.of how events unfolded and cause-effect are wrong.

Iggy deal was submitted to the NBA on July 7. But that's because July 7 was the earliest date such a deal was allowed to be executed. The deal itself was made and widely reported (by "sources") in JUNE. The reason was payroll reduction. Their tax issues were daunting, and they needed a tax-free year very badly. Getting Iggy's $16M off the books was a big step in that direction.

At that point, there was no Russell deal, of course. GS still wanted Durant, and free agency didn't start until July. Early in free agency, Russell was looking at numerous teams. Durant was in play. Eventually in July, Durant opted for BKN, then a bunch of other dominoes fell, Russell was still trying to decide on a deal (MINN was thought to be the most likely result), and at the very end of the moratorium the W's worked a deal satisfying both Russell and BKN to swap Durant for Russell.

Yes that deal imposed a hard cap on them. But the Iggy deal was already part of their landscape, for practical purposes, done independent of the existence of a hard cap.

If I'm not mistaken, they might have done a different deal to be under the hard cap and snt for Russell (Traded Shabazz Napier, Treveon Graham and $3.6 million to the Minnesota Timberwolves for the rights to Lior Eliyahu.) Obviously that's a trade agreed to very late in the moratorium, that would not have been discussed until Russell-to-GS (rather than to MINN) was lined up.

[Scoot McGroot]

Sorry, but no.

There was no hard cap FORCING them to do the Iggy deal. They did the Iggy deal in June before free agency even began, reported in June. It was a desire to reduce salary. (They had to wait until July to execute it, because Memphis had to have the cap room open, which wouldn't happen until July 1.)

Near the end of the moratorium, about a week or more later, GS was able to reach a trade deal for Russell. That Russell deal in July was what created the hard cap situation they had to deal with as they went along (although they were already headed for even lower than that by season's end).

The Curry injury months later did make it a lost season. But from before the year began on July 1, with Durant expected to be leaving and the tax issues they had, it was always a virtual certainty that if KD left they were going to find a way to get under the tax line by the time the season ended. Like all teams, they downplayed their priority was to shed salary and avoid tax, but everyone with a lick of cap perception around the NBA saw it coming and knew it from day one. The Curry injury gave them an easy out as an excuse to fans, but it was going to happen anyway. All their moves were done in such a way where they could get it done whenever they were ready.

GS traded Iggy on July 7, on the same day that Russell was S&T to GS for Durant. GS had to clear salary to get under the hard cap at the apron due to receiving Russell via S&T. If they didn't receive Russell via S&T, they wouldn't have had to deal Iguodala, as I don't recall them having any other large salary to deal away (that they were willing to do so) to get under the apron.

Your dates are "right" but your picture.of how events unfolded and cause-effect are wrong.

Iggy deal was submitted to the NBA on July 7. But that's because July 7 was the earliest date such a deal was allowed to be executed. The deal itself was made and widely reported (by "sources") in JUNE. The reason was payroll reduction. Their tax issues were daunting, and they needed a tax-free year very badly. Getting Iggy's $16M off the books was a big step in that direction.

At that point, there was no Russell deal, of course. GS still wanted Durant, and free agency didn't start until July. Early in free agency, Russell was looking at numerous teams. Durant was in play. Eventually in July, Durant opted for BKN, then a bunch of other dominoes fell, Russell was still trying to decide on a deal (MINN was thought to be the most likely result), and at the very end of the moratorium the W's worked a deal satisfying both Russell and BKN to swap Durant for Russell.

Yes that deal imposed a hard cap on them. But the Iggy deal was already part of their landscape, for practical purposes, done independent of the existence of a hard cap.

If I'm not mistaken, they might have done a different deal to be under the hard cap and snt for Russell (Traded Shabazz Napier, Treveon Graham and $3.6 million to the Minnesota Timberwolves for the rights to Lior Eliyahu.) Obviously that's a trade agreed to very late in the moratorium, that would not have been discussed until Russell-to-GS (rather than to MINN) was lined up.

Woj broke them as the Russell S&T first, and then the Iguodala trade as a result of that 10 minutes later.

Read on Twitter

?s=20

Read on Twitter

?s=20

But yes, Iguodala was informed prior that he might be moved if Durant left.
https://bleacherreport.com/articles/2843657-warriors-reportedly-trade-andre-iguodala-and-draft-pick-to-grizzlies

"Andre Iguodala was informed by Warriors early last week that he could be traded to unload salary in event Kevin Durant moved on, league sources told Yahoo Sports. Today's trade to Memphis wasn't a shock."

Didn't the tampering period start earlier in the day last year? Like 5pm or something on June 30th? Would correspond with the timing of deals agreed to and the reports all on that day, but not being done until the moratorium ended on the 7th.

[DBoys]

Didn't the tampering period start earlier in the day last year? Like 5pm or something on June 30th? Would correspond with the timing of deals agreed to and the reports all on that day, but not being done until the moratorium ended on the 7th.

Maybe so. Probably so. And if so, my apologies for confusing the timing.

But it still looks like the W's plans to move Iggy weren't exactly about Russell (ie the hard cap) but more about the desire to reduce payroll (which is what I recalled). The article says it was "if Durant left" as noted in that June 30 article:

""Andre Iguodala was informed by Warriors early last week that he could be traded to unload salary in event Kevin Durant moved on, league sources told Yahoo Sports. Today's trade to Memphis wasn't a shock."

"Early last week" would indicate they were already making plans in that vein by something like the 24th or 25th of June. I doubt they had a deal lined up with DR that early.

IN ANY EVENT - I still strongly believe that the Iggy TE was created to reduce payroll, and that the W's have no real intention of using it and reversing that outcome. But we'll see what happens.

[Scoot McGroot]

Didn't the tampering period start earlier in the day last year? Like 5pm or something on June 30th? Would correspond with the timing of deals agreed to and the reports all on that day, but not being done until the moratorium ended on the 7th.

Maybe so. Probably so. And if so, my apologies for confusing the timing.

But it still looks like the W's plans to move Iggy weren't exactly about Russell (ie the hard cap) but more about the desire to reduce payroll (which is what I recalled). The article says it was "if Durant left" as noted in that June 30 article:

""Andre Iguodala was informed by Warriors early last week that he could be traded to unload salary in event Kevin Durant moved on, league sources told Yahoo Sports. Today's trade to Memphis wasn't a shock."

"Early last week" would indicate they were already making plans in that vein by something like the 24th or 25th of June. I doubt they had a deal lined up with DR that early.

IN ANY EVENT - I still strongly believe that the Iggy TE was created to reduce payroll, and that the W's have no real intention of using it and reversing that outcome. But we'll see what happens.

Oh, I can absolutely see both being the reasons. The wanting to reduce payroll, and then seeing it fit perfectly of wanting to “not lose Durant for nothing” and getting DAR in a S&T, thus enacting a hard cap at the apron that limits their salary on the top end anyway. Etc.

[DBoys]

While I don't think I was wrong about why the W's traded Iggy, I was clearly amiss in predicting whether they would use the TPE before it expired. As reported, they did so despite the consequence of adding about $85M in taxes and payroll (someone's else's calculation, not mine). Wow. In a time of economic stress for teams (or so they say), that's huge money for one non-star player.