I want to use the example of Josh Smith affter July 7th, 2009.
His remainding salary:
2008-09 $10,800,000
2009-10 $11,600,000
2010-11 $12,400,000
2011-12 $13,200,000
Total = $48,000,000
Trade Kicker = 15%
$48 mil X 15% = $7.2 mil.
That much, I know. What I don't know is what counts on cap vs. what counts on the $125 rule vs what the teams involved are resposible for.
The way I think it is.....
-Player salary = $10.8 mil + 7.2 mil = $19 mil, which is not allowed because the player max in 2009-10 for a 5 year vet should be lose to $14 mil. Is that true?
-$7.2/4 yrs = $1.8 mil added to his cap hold each year.
-Is the cap hold and/or player max effected if Atlanta pays part of the kicker?
-How much of the kicker (if any) would Smith have to waive to allow a trade to be done within the salary restrictions?
Need a little brushing up on trade kickers...
Need a little brushing up on trade kickers...
- JES12
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Re: Need a little brushing up on trade kickers...
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LarryCoon
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Re: Need a little brushing up on trade kickers...
- JES12
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Re: Need a little brushing up on trade kickers...
I read that, but is is quite confusing on the parts I asked about.
Is that $10.8 mil + the $1.8 mil cap hit? Or is that $10.8 mil + the $7.2 mil salary paid.
Also, if a 5 yr vet is maxed out at $14 mil. Does that mean for Smith to be traded, he would have to give up $4 mil ($7.2 mil - ($14-$10.8 =$3.2)) in order to allow the trade to occur?
For trades, trade bonuses can be a nuisance. When a team trades for a player with a trade bonus, it must count the portion of the bonus that applies to team salary in that season as incoming salary.
Is that $10.8 mil + the $1.8 mil cap hit? Or is that $10.8 mil + the $7.2 mil salary paid.
Also, if a 5 yr vet is maxed out at $14 mil. Does that mean for Smith to be traded, he would have to give up $4 mil ($7.2 mil - ($14-$10.8 =$3.2)) in order to allow the trade to occur?
Re: Need a little brushing up on trade kickers...
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Three34
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Re: Need a little brushing up on trade kickers...
You're stuck on this $18 million figure, but you needn't be. The sentence you're looking for is here:
If it helps, here's how John Salmons' trade kicker was calculated when he was traded at the past deadlne.
Salmons' 2008/09 salary: $5,104,000
Salmons 2009/10 salary: $5,456,000
Salmons' 2010/11 salary: $5,808,000
Date John Salmons was traded: February 18th.
Days gone in the 170 day season when Salmons was traded: 113
Days remaining in the 170 day season when Salmons was traded: 57
The remainder of Salmons' 2008/09 salary that had still to be paid: $1,711,341 (which is $5,104,000 divided by 170 and multiplied by 57).
Total remaining salary on Salmons's contract: $12,975,341 (remember, salary in ETO years counts).
Value of Salmons's trade kicker = 15% of the remaining salary = $1,946,301
Number of fully guaranteed years (partial year included) over which that bonus should be equally spread - 2 (remember, ETO years don't count here)
Amount of trade bonus added to Salmons' 2008/09 and 2009/10 salaries: $973,151
Salmons' new salaries:
2008/09 = $6,077,151
2009/10 = $6,429,151
2010/11 = $5,808,000 (ETO)
For the salary cap, the value of a trade bonus is applied to the team salary among the remaining years of the contract/
If it helps, here's how John Salmons' trade kicker was calculated when he was traded at the past deadlne.
Salmons' 2008/09 salary: $5,104,000
Salmons 2009/10 salary: $5,456,000
Salmons' 2010/11 salary: $5,808,000
Date John Salmons was traded: February 18th.
Days gone in the 170 day season when Salmons was traded: 113
Days remaining in the 170 day season when Salmons was traded: 57
The remainder of Salmons' 2008/09 salary that had still to be paid: $1,711,341 (which is $5,104,000 divided by 170 and multiplied by 57).
Total remaining salary on Salmons's contract: $12,975,341 (remember, salary in ETO years counts).
Value of Salmons's trade kicker = 15% of the remaining salary = $1,946,301
Number of fully guaranteed years (partial year included) over which that bonus should be equally spread - 2 (remember, ETO years don't count here)
Amount of trade bonus added to Salmons' 2008/09 and 2009/10 salaries: $973,151
Salmons' new salaries:
2008/09 = $6,077,151
2009/10 = $6,429,151
2010/11 = $5,808,000 (ETO)
