m0ng0 wrote:DusterBuster wrote:m0ng0 wrote:My god they are playing Dame roughly 22 million a year for the next 5 years? Is that right?
I'm not sure about "when" he gets that paid, but the 22mil cap hold will be on their books for the next 5 years.
Stretching players is a really punitive option that you should really only use in a "break glass in case of emergency" situation. They clearly felt that urgency with Giannis, but long term it's absolutely terrible for your books. That's almost 15% of their salary cap tied up in nothing for the next 5 years. 22mil is basically the going rate per year for a starting NBA player these days.
Blazers experienced this with Nicholson, stretched him in 2017, didn't finally fall off the books until 2024... thanks Neil... granted, that deal was pennies compared to what the Bucks just did.
I'll reserve judgement until the FA period is largely over, but I kinda think the Bucks are really **** up their summer. My thoughts of Dame aside, the "get" of them stealing Turner away from a conference rival is overlooking the fact that they've now screwed up their books for a long while, Turner is an upgrade but not massively so from Lopez (age big consideration even if talent is only just a mild improvement), but then their replacement for Dame so far is... Gary Harris. A g-leaguer would be a better fit there than Harris, he's been garbage for awhile now.
The moves are more "flashy" than substantive to keep the Bucks in contention or actually improve them. And they're spending a lot to do it.
Pardon my ignorance but if another team picks him up are THEY now on the hook for the salary owed or is that still on Milwaukee? So in essence we could pay him vet min and Milwaukee is still paying the 22mil? My god that's not a bad gig at all lol
I believe the instances where a team gets some of their cap hold off the books are for buyouts? On a buyout then whatever the player signs for comes off the amount owed by the team that bought out the player.
For a stretch and waive, that’s there is there regardless of what the player signs a new deal of… I think.
I can very much be wrong on that.