azwfan wrote:CDM_Stats wrote:https://basketball.realgm.com/wiretap/275829/Chris-Paul-Warriors-Could-Move-Back-June-28-Deadline-On-$30M-Guarantee
https://marcstein.substack.com/p/nba-free-agency-coaching-carouselPaul is on a non-guaranteed salary worth $30 million that the Warriors have yet to make a decision on. With a June 28th deadline, the Warriors and Paul could mutually agree to extend the deadline with the possibility of a trade using his salary as ballast. There could be a number of additional trade possibilities available to the Warriors if the deadline is extended, while Paul increases his chances of earning the additional salary for 24-25.
Extending the deadline beyond the draft for post-draft options.. I'm not sure how long they can extend it though, legally. Technically CP3 should have no problem extending the deadline if it can get him some extra millions before he's waived and officially joins up w/LAL or SAS. But the good news seems to be that keeping him at 30m appears to be off the table. Never know with how much stroke the veterans and coach wield, but its at least a good sign
Is it possible to trade Pauls contract for some lousy contract and get assets in return while staying under the luxury tax? Its basically what Washington did, although would want more than a heavily protected 1st as an asset.
Going based off of memory, if we let Klay go and stretch waive Looney we should be close, or no?
Luxury tax is 171 next season. Warriors have about 144m in guaranteed contracts. Warriors, if they wanted, could guarantee about 15m of CP's contract which is the minimum while 30m is the maximum. That would put them at around 160m. So yeah, they can do that.
But that doesn't leave much room for Klay. And depending on how many players they get back in the CP trade, they'd still have to at least another vet minimum to get to 13.
They can make more room though by only guaranteeing 3m of Looney's contract and maybe bring him back on a vet minimum. That would free up around 3m I think. They can also salary dump other players but would cost assets.