The Kings Financial Report + Plans for 2009-2010~

[bflewis]

So I was looking at the new roster of the Kings and noticed that half of our team is expiring this year and $22,945,948 is coming off the books. Here is the expiring contracts:

1,319,651 -Booth
2,912,823 -Diogu
7,151,183 -Gooden
6,487,888 -Bobby Jackson
2,620,126 -McCants
1,742,760 -Simmons
711,517 -Solomon

We are currently $11,311,471 over the cap but after the season, we will have about $11,634,477 to sign 7 players (including our 2 first round picks and our 2nd rounder). Leaving us with 4 spots on the roster available, and I don't see us re-signing any of our expiring players (do you agree?)


So it's likely that we will be active inthe offseason whether we make some deals to land some more players or signing free agents. Here is a list of 2009's top free-agents:

Allen Iverson
Jason Kidd
Kobe Bryant (ETO)
Mike Bibby
Shawn Marion
Rasheed Wallace
Andre Miller
Lamar Odom
Richard Hamilton (ETO)
Carlos Boozer
Mehmet Okur
Kyle Korver (ETO)
Wally Szczerbiak
Anthony Parker
Chris Wilcox
Marvin Williams (Restricted)

This is not a bad free-agent class. I would say, very under-rated because every one is aiming for 2010.

In 2010, Donte Greene, Kenny Thomas, Jason Thompson, and Spencer Hawes' contracts expire and $13,446,400 will come off the books, but I hope they plan to resign Hawes, Thompson and maybe Greene (depending on how he develops.) So only Kenny's $8,562,500 contract will come off the books. Francisco (5), Kevin Martin (5), Nocioni (5), and Beno (4) will be the only players under contract in 2010 with about $24,328,789 guaranteed to those four players. How much should we pay Hawes, Thompson, and Greene? If all of 3 of them were paid $5,000,000 a year, we would still be about 30,000,000 under cap in 2010, pending that we do not sing a big name free agent in 2009 for more than a one year contract.

[Inc]

Here is what I calculated using Hoopshype's salary figures

Drew Gooden - $7.1
Shareef - $6.2
Bobby J - $6.1
Moore - $4.2
Diogu - $2.9
McCants - $2.6
Simmons - $1.7
Cassell - $1.3
Douby - $1.4
Booth - $1.1
Solomon - $0.7

So that is $35.6 million, leaving us with $40.5 in salary..

I see us bringing back McCants with the QO, that brings us to $44.1
Throw in our top 5 pick and the other picks, leaving us with $48.8 mill
and the salary cap is going to be around $57 mill.. so that leaves us with $8.2 mill in cap room to fill 3 spots in the roster, hopefully we just use it to sign 1 year deals


At 2010 we have expiring
Kenny Thomas - $8.5
McCants - $3.6
Hawes - $2.3
Thompson - $2.0
POB - $1.6
Donte - .80
$8.2 mill capspace from year before

So in 2010, we have $29 mill in cap room (if the salary cap is at 59 mill)
We pick up the 3 rookies Option, which brings us to $23 mill
Throw in another top 5 pick, leaving us with $19 mill
Then add in roster pay raises/minus brings us to a total of $17 mill of cap room

With the roster being
Hawes/'10 FA
Thompson/'10 Draft/Noicioni
'10 FA/Greene
Martin/Garcia
09 Pick/Udrih


my head hurts

[Smills91]

The Bee reported that the Kings will have ~45 million on the payroll towards the cap going into the summer. So depending on the cap threshold, which is currently 58 million. The Kings will have 11-16 million in salary cap space minus the cap holds on our rookie picks(which will be roughly 5-6 million. So we could have 5-10 million to spend, and we'll probably have 8-9 in actuality. It's a shame we could move Mikki for a pure ender as that wasted 2 million could have been a significant increase in landing a higher caliber Free Agent this summer.

[RoyalCourtJestr]

If there is one thing I approve out of this whole mess of trades, it's how much Petrie was able to ditch so quickly. Now, if we draft big with our top 5, we have enough to realistically get a solid point guard/back up SG/SF in FA. If we end up drafting a PG, then we have enough to nab a backup/starter PF and/or SF. This really gives us good flexability depending on our pick.

Although I must say I don't really see us signing veterians like the ones listed. I know we've already talked a lot about them, but I can't see us signing like Marrion when we could get Sessions/Felton/Milsap/Marvin.

[KingInExile]

I see us bringing back McCants with the QO, that brings us to $44.1
Throw in our top 5 pick and the other picks, leaving us with $48.8 mill
and the salary cap is going to be around $57 mill.. so that leaves us with $8.2 mill in cap room to fill 3 spots in the roster, hopefully we just use it to sign 1 year deals

I seriously doubt that $57M is even close to a realistic number for the cap next season, especially since the current cap is $58M. Reports from around the deadline indicated that teams were told to expect "substantial decrease" in the cap next year. Given the economy and the struggles many teams have had putting butts in seats, a decrease of 5-10% seems like a real possibility. That would put next years cap anywhere between $53M to $55M. Essentially, even with all the expiring contracts, the team may only end up with less than mid-level money under the cap after signing picks and possibly keeping restricted FAs.

Honestly, I would say that Petrie shouldn't even try to use the "cap space" (whatever it is) to sign someone. Concentrate on filling the roster with our draft picks, resigning McCants (if he pans out), and then pick up some undrafted FAs or younger vet-min players. Leave as much space under the cap as possible as either a start for 2010 or to absorb extra salary for a good deal in a trade.

[ICMTM]

The guys on that list that look attractive aren't coming here (ie Kobe). The other guys are either too old or aren't much better (if at all) to Kevin Martin. The Kings are a Superstar and a solid role player away from turning it around. The problem is where are we getting the super from? From your list I took out guys that aren't going to be attractive coming here so this is what I have left:


Kobe Bryant (ETO)
Mike Bibby
Andre Miller
Lamar Odom
Carlos Boozer
Mehmet Okur
Anthony Parker
Chris Wilcox
Marvin Williams (Restricted)

Some of these guys aren't franchise guys at all. Kobe won't be coming here. So my thing is why spend the money on a non difference maker? I like Chris Wilcox, but he's not going to make any difference in our roster. Odom, Okur...same deal.

If we are going to be busy in free agency two things will have to happen:

1.) We aren't signing anyone outright. If we get a Carlos Boozer we are going to do a sign and trade deal so that we don't mess up our salary cap numbers.

2.) We can't miss on whoever we bring in! I think right now the Kings actually have great flexibility in what we will be able to do this summer (trades mainly) due to being under the cap and because we have draft picks. Also we have enough guys that can play roles. We need a legit go to give me the rock and get on my back super. Other than Kobe I don't think I see that on the open market.

[murray]

How much money are we paying garcia next year? And are we factoring that jump in pay into our estimate for money to spend on a FA next year?

[SacTown Kings]

Inc, your numbers are wrong. If you go to "Petrie's Plan" I have posted the numbers and adding them up after each player and the total is 45-46 million. I don't know where people keep getting 31, 35, or 41 million. This 45 million does not even include any of our new players that we might want to re-sign (McCants, Diogu, Simmons, Gooden...) and it does not include our 2 1st round picks (which will be about 5 million). Every report I have seen people are speculating that the cap will be at 57 million, but like KIE said I think that would be very positive thinking, I wouldn't hold my breath. We will most likely have about 5 to 6 million to spend and I bet we bring McCants back which will eat up at least half of that.

The only way we improve this offseason is to make trades and of course through the draft. We have no chance at a significant free agent in 09, if we would of done Marion and Banks then maybe but taking Noci has ruined any chance of free agency this offseason.

[SacTown Kings]

How much money are we paying garcia next year? And are we factoring that jump in pay into our estimate for money to spend on a FA next year?

http://hoopshype.com/salaries/sacramento.htm

Garcia makes 5.8 million next season

[KM44]

K, so can someone explain to me why we would sign carlos boozer. I honestly have no idea why we would do that. He's older than our team, so his talents now won't mean anything because our team is too young, making his salary ridiculous for what we'll use him for. Can someone explain? Thompson is our PF of the future, and if we get the first pick and sign Griffin, then that will be an issue having three PF that need time. So once again, can someone explain?

[deNIEd]

Inc, your numbers are wrong. If you go to "Petrie's Plan" I have posted the numbers and adding them up after each player and the total is 45-46 million. I don't know where people keep getting 31, 35, or 41 million. This 45 million does not even include any of our new players that we might want to re-sign (McCants, Diogu, Simmons, Gooden...) and it does not include our 2 1st round picks (which will be about 5 million). Every report I have seen people are speculating that the cap will be at 57 million, but like KIE said I think that would be very positive thinking, I wouldn't hold my breath. We will most likely have about 5 to 6 million to spend and I bet we bring McCants back which will eat up at least half of that.

The only way we improve this offseason is to make trades and of course through the draft. We have no chance at a significant free agent in 09, if we would of done Marion and Banks then maybe but taking Noci has ruined any chance of free agency this offseason.

People are getting that number because they are looking at our current salary 75 mil (WTF ITS THAT F*CKING HIGH FOR THESE SH*TTY PLAYERS?!!!!) then looking at the expirings we have, 35 mil, and subtracting the two figures. 75-35 = 40. However, they aren't taking into account that every salary increases over time lol.

Noci killed all chances at free agency this offseason, and even possibly next offseason. 2010. Well, lets suppose the economy and league suffers yet again, and the cap is at 55 mil. Even if we don't resign McCants, add our draft picks, pick up TO and QO on our key young guys, we're going to be around 40 mil. If we sign anyone from now until then (assuming we can't ditch Beno's contract and don't want to ditch Garcia), then even in 2010, we won't have the cap space to go out and sign a FA.

[deNIEd]

We already don't have enough cap space to sign a max FA this summer, but we could potentially not even have space in '10.

'09 we have 45.35 mil locked up, assuming that Shareef's contract comes off, we DO NOT pick up or resign Diogu, McCants, and Simmons. Suppose we land the number 1 and 25th pick, thats about another 5.8 mil. Putting us around 51 mil. League estimates are that next year's salary cap will drop a significant amount, possibly around 55mil.

'10.
Martin, Beno, Garcia, TO on Hawes, Nocioni, Thompson, Greene puts us already at 35.19 mil. Add '09 Sac and Hous picks as well as a lotto pick in '10. We are looking at an additional 9 mil or so. Putting us at around 44 mil.

This is assuming that we DO NOT sign anyone, pick up McCants or any other players, as well as not signing any 2nd round players.

[murray]

Noci killed all chances at free agency this offseason, and even possibly next offseason. 2010. Well, lets suppose the economy and league suffers yet again, and the cap is at 55 mil. Even if we don't resign McCants, add our draft picks, pick up TO and QO on our key young guys, we're going to be around 40 mil. If we sign anyone from now until then (assuming we can't ditch Beno's contract and don't want to ditch Garcia), then even in 2010, we won't have the cap space to go out and sign a FA.

The exact reason I hated that trade. And no way we can ditch Beno's contract, and I dont think anyone would want to take garcia of our hands either with such a long contract for a backup player at best.
So they I look at we have 3 players making so much more money than they deserve, that they are completely un-tradeable. 3 players that would be bench to end of the bench players on any other team are making a killing on the kings and will start. We will never be a real team with players like Garcia and Udrih taking up our whole cap.

[murray]

If 45,549,000 would be a pretty good estimate on our finances for the following year.

If we didn't sign Garcia (never proven anything and getting up there in age) then our cap would be 39M, leaving us with almost 20 mill to spend on free agents. -5 Mil for Rookies and we are looking at 15 mil to spend for a free agent. That is Boozer type money, or Marvin Williams and another strong FA. (This is the reason I hate hate hate hate Garcia)... essentially we trade Garcia for Boozer (or Mavin and/or Sessions or Felton).

So we have f*cked ourselves at every turn along the way. The Beno long term signing, The garcia long term signing, the Nocioni trade, not getting expiring for Moore. Is petrie trying to screw us over?

I would pay anything for a reset button that would allow us to keep Hawes, Thompson, Martin and Greene, and fill the rest of the roster with Free Agents and rookies.

[ICMTM]

We aren't going to sign a free agent outright so getting way under the cap doesn't make sense. The only reason getting under the cap makes sense is so we don't have to comply with the 25% cap rule when trading.

[10B10]

The exact reason I hated that trade. And no way we can ditch Beno's contract, and I dont think anyone would want to take garcia of our hands either with such a long contract for a backup player at best.
So they I look at we have 3 players making so much more money than they deserve, that they are completely un-tradeable. 3 players that would be bench to end of the bench players on any other team are making a killing on the kings and will start. We will never be a real team with players like Garcia and Udrih taking up our whole cap.

I wouldn't say any of those players are untradeable. Chicago just traded Nocioni and we almost traded him to Boston on Thursday. For the right deal, any of these players could be traded because (especially Noc/Garcia) have decent value around the league as energy players and good shooters.

But you're right - having Nocioni puts our cap around 45 mil next year, which pretty much kills our chances of pulling down a top tier FA this year after two first rounders. Honestly, none of the FA this year really intrigue me other than Marvin or Sessions or Milsap. And to boot, do adding any of those players (for the price that we would have to pay) truly make us all the better?

I would argue that drafting Griffin/signing Sessions would make a significant difference, but for all three of those players mentioned - they are at the top of their respective team's priority lists this summer. It would have to be by a grace of God that they slip away and then to the Sacramento Kings, of all places. I think our best chance of improving is via trade which is why I am glad we at least made our cap situation BETTER than it was.

[murray]

We aren't going to sign a free agent outright so getting way under the cap doesn't make sense. The only reason getting under the cap makes sense is so we don't have to comply with the 25% cap rule when trading.

If we could offer Boozer or Williams 3 million more than anyone else, I think they absolutely have to consider it. I understand no one wants to come here, but money is money and players have to atleast consider doing it. If we didn't sign Udrih and Garcia or make that Nocioni trade, I really believe we could have been huge players in the FA market. But instead we settled for the same old mediocre players who will not only never give us a championship, but will never even lead us to the playoffs.

Petrie makes terrible decisions with trades and signing. He pays under achievers as stars (Garcia/Beno) and falls in love with foreign shooters no matter what there terrible contract looks like (Noci). We are not a championship team because Petrie is not a Championship GM.

[murray]

The exact reason I hated that trade. And no way we can ditch Beno's contract, and I dont think anyone would want to take garcia of our hands either with such a long contract for a backup player at best.
So they I look at we have 3 players making so much more money than they deserve, that they are completely un-tradeable. 3 players that would be bench to end of the bench players on any other team are making a killing on the kings and will start. We will never be a real team with players like Garcia and Udrih taking up our whole cap.

I wouldn't say any of those players are untradeable. Chicago just traded Nocioni and we almost traded him to Boston on Thursday. For the right deal, any of these players could be traded because (especially Noc/Garcia) have decent value around the league as energy players and good shooters.

.

Boston was offering a bunch of no ones with 2 year contracts. Not exactly what I call value for him. Also it is alot harder to trade a 30 year old then a 29 year old. That is the case with Noci if we wait till next year. Garcia turns 28 next year, and outside of our organization no one appretiates him like we do. Every year/month we wait to trade those guys there trade value falls due to age. Why not draft Ryan Anderson with the 20 something pick and pay very little instead of having Noci and his bad contract for many years. Or a shooting gaurd/sf in the second round of the draft (CDR) that gets paid little and is no worse than garcia.

I see Udrihs stock only going up from here (cant fall any further).

[deNIEd]

I wouldn't say any of those players are untradeable. Chicago just traded Nocioni and we almost traded him to Boston on Thursday. For the right deal, any of these players could be traded because (especially Noc/Garcia) have decent value around the league as energy players and good shooters.

But you're right - having Nocioni puts our cap around 45 mil next year, which pretty much kills our chances of pulling down a top tier FA this year after two first rounders. Honestly, none of the FA this year really intrigue me other than Marvin or Sessions or Milsap. And to boot, do adding any of those players (for the price that we would have to pay) truly make us all the better?

I would argue that drafting Griffin/signing Sessions would make a significant difference, but for all three of those players mentioned - they are at the top of their respective team's priority lists this summer. It would have to be by a grace of God that they slip away and then to the Sacramento Kings, of all places. I think our best chance of improving is via trade which is why I am glad we at least made our cap situation BETTER than it was.

No, I think Beno and Noc will pretty much become untradable. It all depends on the salary cap. If it continues to fall, then yes, Beno/Noc/Garcia will even harder to move than Kenny Thomas. If it drops to about 55 next year, and say 53 the year after that. You are talking about a bench player making about 13-15% of your total cap space. When a max FA is only allowed to make a starting figure of 25% of your cap space, then yes, our players will be untradeable.

Beno signing and Noc's contract could very well be the death of the King's in this decade.

[KingInExile]

We aren't going to sign a free agent outright so getting way under the cap doesn't make sense. The only reason getting under the cap makes sense is so we don't have to comply with the 25% cap rule when trading.

If we could offer Boozer or Williams 3 million more than anyone else, I think they absolutely have to consider it. I understand no one wants to come here, but money is money and players have to atleast consider doing it. If we didn't sign Udrih and Garcia or make that Nocioni trade, I really believe we could have been huge players in the FA market. But instead we settled for the same old mediocre players who will not only never give us a championship, but will never even lead us to the playoffs.

Petrie makes terrible decisions with trades and signing. He pays under achievers as stars (Garcia/Beno) and falls in love with foreign shooters no matter what there terrible contract looks like (Noci). We are not a championship team because Petrie is not a Championship GM.

Wow...with every post of yours I read I can only shake my head and wonder if you can sink any deeper in illogical thought...then you turn around and sink deeper.

So far I have seen you whine and complain about Nocioni's contract without even coming close to acknowledging that A) his front-loaded contract is more attractive in a trade than one that increases every year, B) that he is actually a movable commodity, and C) he has talent as a role player that can be useful to this team in the future. Instead you want to look only at the negative side so you can complain more.

In recent posts in this thread I have seen you bash Garcia with excuses like "he's too old", only to turn around and froth at the mouth over how the Kings should sign Boozer. Guess what...BOOZER IS OLDER THAN GARCIA! Add to that, Boozer is recovering from a serious knee injury (not a good thing for a big guy). Boozer is basically in his prime right now and will start declining in the next couple of years. The rest of the team is not going to be ready to compete realistically for a few years. Why soak the team with a high-priced contract for a guy who will be starting to decline right when the rest of the team is ready to compete? Talk about horrible moves.

And honestly, I have no idea why you are really so pessimistic about Garcia. He has consistently been one of the best defenders on the team this year, he plays with energy and hustle every second he's on the floor, he is a vocal leader that the team sorely needs and is a more than solid role-player off the bench. His extension is more than fair for what he provides to the team...more than fair for a guy playing a key 6th man role. So far all I have gotten from your bashing of Garcia is the impression that you really don't have much of an understanding of player roles or values.