***Mods, please feel free to merge this thread with another.***So, Im going through hoopshype to find out how to work out a Bosh for Caron, picks added, and I am stunned to see how bad this team is financially up until the 2011-2012 season. I could be completely wrong and could be misunderstanding the entire situation, but my thought was that after the 2010 season when Etan and Mike James' contracts are up that this team would have a big chunk of cap room and would be able to give 'Wood a raise(I didn't do it on purpose), resign DMac and still have a good amount of money left over.
What I didn't factor in initially was the natural progression of the current contracts on the roster, or the difference in the '09-'10 and '10-'11 salaries.
Gil -- $16,192,080 ('09-'10) --- $17,730,694 ('10-'11 )
Jamison --- $11,641,095 ('09-'10) ---- $13,358,905 ('10-'11)
Caron ---- $9,780,970 ('09-'10) --- $10,561,960 ('10-'11)
And it goes on like this for everyone. Although losing Mike James and Etan will result in cap relief of about $13.8 mill from the previous year, a big chunk of that is off set by contract raises going into the 2010-2011 season. This could be a well known thing that I never even thought about but I can say that Im pretty darn disappointed because unless Abe is willing to go sky hi over the luxury tax threshold we're pretty much stuck with this same team for a while, or we'll have to blow it up after next season, unless we can make a Marcus Camby type trade to clear cap this summer. Not to mention the fact that we'll have to resign a 31 year old Caron Butler in the summer of 2011. Are we gonna get the money for that?
I found this # in a post that predicted the luxury tax threshold and salary cap numbers for the next couple of seasons.
viewtopic.php?f=4&t=886483. It says that the projected 2010 salary cap will be around $56.5 mill and the projected luxury tax threshold will be around $68.5 mill.
So far these are the dedicated salaries for the 2010-2011 season
Gil -- $17,730,694
Jamison -- $13,358,905
Caron -- $10,561,960
Songaila -- $4,818,000
DeShawn -- $4,151,786
Blatche -- $3,260,331
Nick Young -- $2,630,503
Pecherov(team option)(or this yrs 1st rounder) -- $2,380,270 (
+2,000,000(I would think that they would not pick up the team option but you can just substitute Pec's name with this years first rounder and add about 2mill to the salary since the first rounder will be so high. So if we get the 2nd pick, the salary will be in the 4.3 mill areaMcGee -- $1,601,040
Critt(team option)(or 2010 1st rounder) -- $2,275,996 -- Regardless of whether or not they pick up his option for the 2010-2011 season at least this salary will be occupied for a back up PG, possibly the 2010 draft pick.
That already totals $55,881,676 (http://hoopshype.com/salaries/washington.htm). If you factor in a raise to $8.5 for Haywood(not accounted for in the original list), and a raise to a minimum of $3.5 mill for DMac(also not accounted in orig list). You're now at $67,881,676. You haven't made a single move other than resigning Haywood and DMac and replacing Opec and Critt with the 2009 and 2010 first round picks. Am I right on this are am I doing so math wrong or something because the luxury tax threshold in 2010-2011 is projected at $68.5 mill. So although we get rid of Etan and Mike James we are still handcuffed by resigning Haywood and DMac.