PhxLax wrote:People against the Beal stretch buyout have to ask themselves: Are you comfortable being a luxury-tax 2nd apron team with one of the highest salaries in the league but nowhere close to being championship caliber or playoff caliber material? In other words, are you happy having a 2nd apron team with restrictions and inability for wiggle room for the next 2 years all while trying to rebuild or soft-reset?
Silly to be a high luxury tax team if u can't even make the playoffs and don't even have "luxury" players. It's embarrassing being a sub-par team over the 2nd apron with so many restrictions and inability to aggregate salaries in trade for a team trying hard to rebuild NOW for Booker, not in 2 years.
This is like that 27 year old dude that just bought a BMW M3 and living in an apartment with his parents cause he's got no more money left.
The waive and stretch is your get out of jail card now. Five years of 19 million cap hit isn't much considering the Cap increases 10% each year. You can still sign a significant free agent next season to play with Booker if u clear the deck correctly.
EDIT: Edited to add some things including the BMW analogy
It's not my pocketbook so no, I don't really care. It's a bad look but it's not my bank balance being affected.
I also don't think the car analogy works either because you've already bought the M3 and have owned it for a couple of years. It's not like we literally just bought it yesterday. It would be more like,
Don't waive and stretch: You're still paying the full loan, plus expensive insurance, registration, and maintenance. It’s draining your finances every year — but after 2 years, you're completely free of it. During this time you could also try and sell it and downgrade to something cheaper.
Waive and stretchYou give the car away now — it’s no longer in your garage and you can’t drive it. But you still have to pay off the remaining loan, just over 5 years instead of 2. We're free of the running costs and we have more cash in our pocket because it's not going towards the car but that loan will be there for 5 years and you can't pay it off early.