fam3381 wrote:-= original quote snipped =-
Yes...GAD has made a similar point a number of times. A million here or there might not affect our cap space, but it probably does affect how much Herb wants to spend on coaches, GMs, facilities, fan giveaways, etc.
Exactly.
And that was an excellent post by adamcz. I'm sure I never presented that point in such a succinct manner.
The total budget concern is always a concern. And it isn't just the case that wasting a few million here or there just uses up part of the budget. The relationship between our payroll, the salary cap, and revenue has fluctuated a bit from year to year. So the budget is somewhat flexible and isn't totally strict, but when we end up in the red for the fiscal year, that difference is coming directly out of Herb Kohl's pocket.
Sure, he'll get a return on his original purchase price of the team when he sells the team, but he has basically been spending parts of that future profit already whenever he covers the teams' losses in the meantime.
Obviously you would prefer not to have players with the kind of salaries and production levels of Simmons and Gadzuric, regardless of whether you think Simmons current level of production was foreseeable or not.
But the Bucks also frequently waste money on an extra player or two that really just aren't wise investments. For example, some people look at Voskuhl's $3 mil and say that it is only a one year deal, and that it isn't overpaying him by that much, etc.
All of that is true. But we did already have Gadzuric on the payroll. The difference between what Gadzuric and Voskuhl might provide is debatable, and somewhat of a luxury that doesn't make sense to have as a high enough priority that it would be worth an extra $3 mil at this point.
Voskuhl is a minimum salary level player. We should have signed him for the minimum salary or we should have signed another minimum salary player like Ruffin to be our third string center. We signed them both, compounding the mistake. Ruffin is at the minimum salary which is what should have been spent, meaning the entire $3 mil was a waste.
Adding a fourth PG (after having Greer part ways from the team with the effect being that he would cost us $0 at that point) to a roster of Mo, Bell, and Sessions wasn't even the most prudent thing to do either, but at least in that case one of the players was a rookie PG who was seen as needing some time in the NBADL. And Bell was the 2nd stringer at both PG and SG, so extra guard depth was needed either at PG or SG. So Ivey was signed. Fine. We didn't need any more guards though. We had even chose to keep SG/SF Noel and his minimum salary for the 07-08 season, even though it was a team option we could have completely rid ourselves of.
Unfortunately we had already wasted money on Awvee Storey and given him a guaranteed contract. Another $770,610 wasted this season.
A complete waste of $3.77061 mil just this season. And we also screwed up the negotiations for Mo Williams contract. I am closer to those who view Mo Williams' contract as in line with what he deserves to be paid than I am with those who think he is overpaid, but that debate isn't even really relevant. We outbid ourselves and paid Mo Williams more than we had to pay him for no reason. We already had an offer on the table that significantly trumped Miami's offer. There was no need to up our bid after that. But let's be conservative and just say that cost us only an extra $500k this season and another extra $500k next season.
In 05-06 we wasted a combined $675,509 on Josh Davis who was then replaced by Jermaine Jackson. Unnecessary depth. A 4th string PG is imprudent depth.
So now we're at $5.446119 mil of total waste over 3 years.
Let's say we didn't spend that. Now all of a sudden you have banked all of the money necessary to cover the difference in between what you are comfortable paying Bogut on this new extension or contract and perhaps what ends up being what it will take to get Bogut to sign an extension or new contract.
Some people are fine with spending an average of $10 mil per year on Bogut over 5 years. Well, if we had that extra $5.446119 mil that we hadn't spent, then paying Bogut an average of $11.1 mil over 5 years would have already been covered.
Maybe that makes the difference between either the Bucks or Bogut choosing to enter into an extension or a new contract. Where is that money better spent? On Bogut? Or on what I described it was actually spent on?
Or, let's say if that money was spent on 2 years of a coaches salary for a higher priced coach than LK. Add that amount to what we gave LK, and all of a sudden you are talking about a price tier that lets you pursue many more coaching options, and if you kick in more money on top of that, you are now offerring top dollar for a head coach.