Cavaliers Save $29.1M In Luxury Tax Payments With Kyrie Irving Trade

[RealGM Wiretap]

The Cleveland Cavaliers will save approximately $29.1 million in luxury tax payments with their trade of Kyrie Irving to the Boston Celtics.

Cleveland's tax is down from $78.4 million to $49.3 million.

The Cavaliers were able to shed payroll with their deal of Irving for Isaiah Thomas, Jae Crowder and Ante Zizic.

Via Bobby Marks/ESPN

[JordansBulls]

Wow Kyrie made that much more? How??? And how could the deal go thru if that is the case?

[Ballerhogger]

Freaking Dan Gilbert

[7 Footer]

Wow Kyrie made that much more? How??? And how could the deal go thru if that is the case?

Basketball reasons

[Ponchos]

Wow Kyrie made that much more? How??? And how could the deal go thru if that is the case?

Kyrie makes 18.8 this year. Thomas, Crowder and Zizic make 14.6. This saves the Cavs 4.2 million. However, the Cavs are in the repeater tax which scales up massively if you were in the tax the previous year and scales up more the higher you go into the tax. When you're deep into the tax you can pay 4+ dollars in tax for every dollar over the cap.

I'm not sure saving 4.2 million would translate into 29.1 million in luxury savings but it would be a lot.

I'd be very interested to see the math on this article.

[Warchant]

Wow Kyrie made that much more? How??? And how could the deal go thru if that is the case?

Kyrie makes 18.8 this year. Thomas, Crowder and Zizic make 14.6. This saves the Cavs 4.2 million. However, the Cavs are in the repeater tax which scales up massively if you were in the tax the previous year and scales up more the higher you go into the tax. When you're deep into the tax you can pay 4+ dollars in tax for every dollar over the cap.

I'm not sure saving 4.2 million would translate into 29.1 million in luxury savings but it would be a lot.

I'd be very interested to see the math on this article.

Wont matter if they sign Thomas to max

[Ponchos]

Wow Kyrie made that much more? How??? And how could the deal go thru if that is the case?

Kyrie makes 18.8 this year. Thomas, Crowder and Zizic make 14.6. This saves the Cavs 4.2 million. However, the Cavs are in the repeater tax which scales up massively if you were in the tax the previous year and scales up more the higher you go into the tax. When you're deep into the tax you can pay 4+ dollars in tax for every dollar over the cap.

I'm not sure saving 4.2 million would translate into 29.1 million in luxury savings but it would be a lot.

I'd be very interested to see the math on this article.

Wont matter if they sign Thomas to max

Well, sure it does. That's not a calculation for this year.

[macNcheese3]

CLE did well

[ChokeFasncists]

Three of the league's most underpaid players all gone: IT, Crowder and ABrad.

[Pennebaker]

This is an incredible deal for Cleveland. Not only do they improve their roster in places of need and add a high first round pick, but they also also save 29 million dollars! It doesn't get more savvy than that. The only negative is that they sent him to a conference rival (still on the low risk end of the spectrum). Other than that, it's the perfect deal for CLE.

[dice]

Charlie sheen would be embarrassed by all the winning the cavs accomplished with this trade. received the best 2 assets in the deal (draft pick and crowder), got the better scorer last season (thomas), unloaded kyrie the krier AND saved tens of millions of dollars. good god

[dice]

Wow Kyrie made that much more? How??? And how could the deal go thru if that is the case?

Kyrie makes 18.8 this year. Thomas, Crowder and Zizic make 14.6. This saves the Cavs 4.2 million. However, the Cavs are in the repeater tax which scales up massively if you were in the tax the previous year and scales up more the higher you go into the tax. When you're deep into the tax you can pay 4+ dollars in tax for every dollar over the cap.

I'm not sure saving 4.2 million would translate into 29.1 million in luxury savings but it would be a lot.

I'd be very interested to see the math on this article.

Wont matter if they sign Thomas to max

which they'd be foolish to do. particularly if he's in any way restricted by injury

but they'd have been foolish to pay kyrie the max as well. that guy ain't leading any team anywhere special. can't make a big shot in a big playoff game if you can't get your team there to begin with

[dice]

This is an incredible deal for Cleveland. Not only do they improve their roster in places of need and add a high first round pick, but they also also save 29 million dollars! It doesn't get more savvy than that. The only negative is that they sent him to a conference rival (still on the low risk end of the spectrum). Other than that, it's the perfect deal for CLE.

making the deal with a conference rival makes the deal even BETTER. they just weakened the Celtics in the present and damaged their future as well. danny ainge just made truly one of the worst trades in recent memory

[Warchant]

This is an incredible deal for Cleveland. Not only do they improve their roster in places of need and add a high first round pick, but they also also save 29 million dollars! It doesn't get more savvy than that. The only negative is that they sent him to a conference rival (still on the low risk end of the spectrum). Other than that, it's the perfect deal for CLE.

making the deal with a conference rival makes the deal even BETTER. they just weakened the Celtics in the present and damaged their future as well. danny ainge just made truly one of the worst trades in recent memory

People really are clueless...Bost got the best player in the deal.....there is no debate on that issue....who knows what the next yrs pick will be and Bost doesnt care....they kept their guy in Tatum who the Cavs wanted over that Brooklyn pick

[dice]

This is an incredible deal for Cleveland. Not only do they improve their roster in places of need and add a high first round pick, but they also also save 29 million dollars! It doesn't get more savvy than that. The only negative is that they sent him to a conference rival (still on the low risk end of the spectrum). Other than that, it's the perfect deal for CLE.

making the deal with a conference rival makes the deal even BETTER. they just weakened the Celtics in the present and damaged their future as well. danny ainge just made truly one of the worst trades in recent memory

People really are clueless...Bost got the best player in the deal.....there is no debate on that issue

except that, you know, IT was a much better scorer last season and neither kyrie nor IT does anything other than score

but you're right, dealing a solid gold draft pick and one of the most underrated players in the league (and best contracts) in order to downgrade their best scorer is a perfectly sound idea

the celtics will not be happy with the results of this trade. kyrie irving will lead them nowhere. their rivals will be better (barring injury) and they will be worse. they'd better hope like hell that tatum becomes a star...and that the 2018 pick DOESN'T. 'cause otherwise danny ainge is gonna look more and more like the fool he just showed himself to be

[Warchant]

making the deal with a conference rival makes the deal even BETTER. they just weakened the Celtics in the present and damaged their future as well. danny ainge just made truly one of the worst trades in recent memory

People really are clueless...Bost got the best player in the deal.....there is no debate on that issue

except that, you know, IT was a much better scorer last season and neither kyrie nor IT does anything other than score

but you're right, dealing a solid gold draft pick and one of the most underrated players in the league (and best contracts) in order to downgrade their best scorer is a perfectly sound idea

the celtics will not be happy with the results of this trade. kyrie irving will lead them nowhere. their rivals will be better (barring injury) and they will be worse. they'd better hope like hell that tatum becomes a star...and that the 2018 pick DOESN'T. 'cause otherwise danny ainge is gonna look more and more like the fool he just showed himself to be

Ya Crowder is a great player(lol)...Tatum will put up the same numbers if not better....Kyrie can be a playmaker except LB wanted the ball in his hands all the time....ya lets wait and hope we get the #1 pick and hope he becomes a star....Bost wasnt gonna pay Thomas the max so they got an upgrade for him...IMO, thats a great move

[dice]

People really are clueless...Bost got the best player in the deal.....there is no debate on that issue

except that, you know, IT was a much better scorer last season and neither kyrie nor IT does anything other than score

but you're right, dealing a solid gold draft pick and one of the most underrated players in the league (and best contracts) in order to downgrade their best scorer is a perfectly sound idea

the celtics will not be happy with the results of this trade. kyrie irving will lead them nowhere. their rivals will be better (barring injury) and they will be worse. they'd better hope like hell that tatum becomes a star...and that the 2018 pick DOESN'T. 'cause otherwise danny ainge is gonna look more and more like the fool he just showed himself to be

Ya Crowder is a great player(lol)

I didn't say he was great. don't lie to cover up your terrible argument

I said that crowder is heavily underrated. which he is. and I said he's on a great contract. which he is. the kind of value contract and player that is of great value to potential championship teams in a salary cap league

Tatum will put up the same numbers if not better

they could have kept BOTH players. and tatum has proven nothing. what does "put up better numbers" mean? score more points? that doesn't tell much of the story about how good a player is. crowder does a lot very well. he just doesn't score a lot of points

Kyrie can be a playmaker

yeah, for himself. we saw that plenty before LeBron's return. and kyrie led his team nowhere

ya lets wait and hope we get the #1 pick and hope he becomes a star

or you can just throw it away like the future doesn't matter. that's wise

kyrie irving does not give the Cs a legit superstar that can lead a team to a championship. your best hope for that kind of player was tatum and next year's draft pick. and one of them just got gifted to the Cleveland cavaliers

Bost wasnt gonna pay Thomas the max so they got an upgrade for him...IMO, thats a great move

you're the first person I've heard say this is great for the celtics. just about everyone recognizes that thinning out your assets for a minor point guard upgrade going forward isn't smart. they shouldn't be maxing out either player, frankly. and kyrie might not even be an upgrade until IT shows he's on the downside of his career

maybe the worst part of all in this trade for the Celtics: it increases the chances that LeBron sticks around after the coming season

did you know that the cavs were better with dellevadova in the lineup over kyrie over the course of 3 seasons? because they were. that should speak volumes about how overrated and one-dimensional kyrie is as a basketball player

[DEEP3CL]

That whiner always finding a way to get over when it comes to money, anything to make cutting that check to the league to disburse to the teams not over cap or tax easier for him.

[Elnegron]

I will say a win win. LeBron can win now and he leave next season Boston takes over. The deal will be even better when If thomas hip doesn't hold. If he out for the season at any point because if hip then cavs f...d.

[12footrim]

Kyrie makes 18.8 this year. Thomas, Crowder and Zizic make 14.6. This saves the Cavs 4.2 million. However, the Cavs are in the repeater tax which scales up massively if you were in the tax the previous year and scales up more the higher you go into the tax. When you're deep into the tax you can pay 4+ dollars in tax for every dollar over the cap.

I'm not sure saving 4.2 million would translate into 29.1 million in luxury savings but it would be a lot.

I'd be very interested to see the math on this article.

Wont matter if they sign Thomas to max

Well, sure it does. That's not a calculation for this year.

I'm still trying to figure out who is going to offer him the max. The markets just doesn't seem to be there or the space or even teams that need a point guard.


Whoever this Kolby Altman is he's off to a smashing start as a GM.