Is Lebron A Possiblity?
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Re: Is Lebron A Possiblity?
- willbcocks
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Re: Is Lebron A Possiblity?
Pancakes: your financial calculations are completely off.
Re: Is Lebron A Possiblity?
- pancakes3
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Re: Is Lebron A Possiblity?
i'm just going by what my marginal knowledge of the salary cap and hoopshype.com/salaries tells me. by how much am i off? i still think the general idea that with a rookie john wall and a cheap blatche we're going to have a more talented squad and for less bucks still holds true.
Bullets -> Wizards
Re: Is Lebron A Possiblity?
- jimij
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Re: Is Lebron A Possiblity?
Dat2U wrote:Hoopalotta wrote:Hmmm, maybe those rookie numbers are at 125% of the rookie scale deals though, the ones that guys actually sign rather than the July cap hold. So maybe we would have a touch closer to $4-5 million.
I'm not sure about that.
Did the final cap figure ever come out? It was supposed to be $56 million, but then the playoffs were supposed to have bombed in the ratings, so it might get pinched a touch.
Looking at Shamsports. the cap holds for the #1 pick were:
08-09: 4,019,000
09-10: 4,152,900
10-11: ???
Looking at those numbers, I'm guessing its going to be about $4.3 mil for us? So I guess we'll have about $3.5 left over (using the $56 mil figure). And that's not including the potential cap holds for Livingston & Singleton.
The Wiz could probably eke out a few extra dollars by signing a min salary vet and signing a Euro to stash overseas for a year or two with the 30th pick.
That said. F**k LeQueen. I'd only sign him to keep him deactivated for the next 5 years.
Re: Is Lebron A Possiblity?
- willbcocks
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Re: Is Lebron A Possiblity?
pancakes3 wrote:i'm just going by what my marginal knowledge of the salary cap and hoopshype.com/salaries tells me. by how much am i off? i still think the general idea that with a rookie john wall and a cheap blatche we're going to have a more talented squad and for less bucks still holds true.
Looking at the posts on the last page, we're 19.XX million under the salary cap, meaning we could sign a max and have another 3-4 million for another salary.
You mentioned the luxury tax a few times, but that's different from and much higher than the salary cap.
Re: Is Lebron A Possiblity?
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Re: Is Lebron A Possiblity?
pancakes3 wrote:this is such a sophie's choice. welcome :gak: LEBRON or have a shot at multiple championships?
anyway, we have 5 mil before lux tax. to build a contender
The luxury tax is quite a bit above the salary cap. When the Wizards reach the contender status, I doubt Ted Leonsis will let the luxury tax drive decisions.
pancakes3 wrote:, we need TALENT and you just cannot win the championship without going over the luxtax. i mean, LA, Boston are 30 mil over lux tax, orlando 20, and phoenix 15. Cleveland for all its economic woes was a whopping 25 mil over lux tax. If we're serious about bringing in Lebron and making a championship run, we need to go over the lux tax, and by a larger margin at that.
We're also SUPER lucky in that Wall is on a rookie contract, blatche is super cheap, and all we really need is to sign Haywood to build a contender. If there ever was a time to splurge, it would certainly be now when we still have blatche for 2 seasons on the cheap and wall is locked into a rookie contract. like Jro said, Wall changes EVERYTHING.
trotting out a lineup like
Wall
Arenas
Lebron
Blatche
Haywood
while only going 10 over the cap while teams are killing themselves financially to put
There are enough cap holds(Foye @ 10.7 mil, MLE @ 5.7, Oberto & Crittenton @ > 2 mil, the 2 TPEs(6 & 4.5 I think) that the Wizards could operate above the cap. However that means every transaction must be a trade or MLE signing. I could see the Cavs doing a S&T with LeBron, but not to the Eastern Conference. Also Haywood may not re-sign with Dallas, but there is almost no chance the Mavs help him do that(unless maybe the Wizards give up McGee and filler).