Official Toronto Raptors Offseason Cap Situation (Updated)

[Three34]

If you sign someone to an offer sheet, you can't then S&T for them.

[Rapsobsessed7]

If you sign someone to an offer sheet, you can't then S&T for them.

well it would have to be mutually agreed to be rescinded correct? I remember something like it happening with Hedo where we maintained the use of our MLE and rights to Delfino and others. By mutually rescinded i mean the Raptors and player would both have to agree to terminate the contract and the team agree to S&T the player (player does this to get more annual raises) for the TE thus not losing him for nothing. Am i sort of right on this? Basically if the Nuggets dont want to pay the $ Toronto offers they ask to rescind the deal, Chandler gets more raises and the Raptors get to keep their MLE and others which benefits both parties.

[Relentless88]

We will probably renounce Wright and Weems.

[Three34]

If you sign someone to an offer sheet, you can't then S&T for them.

well it would have to be mutually agreed to be rescinded correct? I remember something like it happening with Hedo where we maintained the use of our MLE and rights to Delfino and others. By mutually rescinded i mean the Raptors and player would both have to agree to terminate the contract and the team agree to S&T the player (player does this to get more annual raises) for the TE thus not losing him for nothing. Am i sort of right on this? Basically if the Nuggets dont want to pay the $ Toronto offers they ask to rescind the deal, Chandler gets more raises and the Raptors get to keep their MLE and others which benefits both parties.

Once an offer sheet is signed, all three parties - both teams and the player - have to agree to tear it up for it to be nullified. This has never happened.

[Morse Code]

we wouldn't have to sign them to an offer sheet. just come to a verbal agreement on terms of the contract and have Denver S&T him for that amount.

[mapko81]

By when must Barbosa decide to pick up his player option?

[kwamebargnani]

OMG Bargnani has a trade kicker?! What's up with BC and trade kickers? Hedo, Calderon and Bargs too?

[Rapsobsessed7]

OMG Bargnani has a trade kicker?! What's up with BC and trade kickers? Hedo, Calderon and Bargs too?

and Amir too.

By when must Barbosa decide to pick up his player option?

not too sure has to be before July 1 id assume but Sham would be better served answering this.

[Courtside]

If you have the TPE, you don't have cap space.

IIRC, the exception is lost only if the capspace is greater than the value of the exception. You lose the MLE if you have more than MLE value below the cap, for example.

It's why teams will often not renounce anyone until they actually have to, as their holds prevent them from dropping too far below the cap and losing the exceptions.

Is a TPE handled differently?

[isyed]

I would see if the kings would take Jose for Garcia or Beno. We would save anywhere from 2.5 to 3.5 million in current year salaries. Meaning we would have about 9 mill too 10 mill to begin with for starting salaries on a new player.

[kobejohn89]

OMG Bargnani has a trade kicker?! What's up with BC and trade kickers? Hedo, Calderon and Bargs too?

More incentive for players to sign here. Doesn't really affect us all that much though.

[dhackett1565]

If you have the TPE, you don't have cap space.

IIRC, the exception is lost only if the capspace is greater than the value of the exception. You lose the MLE if you have more than MLE value below the cap, for example.

It's why teams will often not renounce anyone until they actually have to, as their holds prevent them from dropping too far below the cap and losing the exceptions.

Is a TPE handled differently?

The TPE disappears if you go under the cap at all. However, since the TPE is a cap hold in and of itself, it is difficult to drop that far. You are correct as to why teams often do not renounce their cap holds.

So, it is true that if you have the exception to use, you do not have cap space, since to have the exception, you must also have the exception's hold on your cap (and whatever other cap holds are required to keep yourself above the cap).

[augustine]

Glad we don't have that much money. If we had the money BC would use it and once again cut short our rebuilding process. We shouldn't be thinking about free agent aquisitions until we have at least two more top picks in '12 and '13.

[ballislife]

I think we have enough money to get a nice player if we can utilize a sign and trade for a player with a $3-4 salary... it's probably the route an opposing team would want to go if they were losing some talent of theirs. Maybe something like Chandler or Young signed for $8 mill next season with James Johnson going to Denver or Philly. If we're looking to target a C, I think the same can be done with Gasol (if we really want to over pay - with Barbosa or someone else going to Memphis) or someone like Dalembert. Considering what BC's done in the past with sign and trades (see Hedo). I don't see $3-4 million absolutely taking us out of the running for a good SF or C because we have the creativity to work around it.

[NashtyNas]

So your telling me if the salary cap stayed the same, and we traded Barbosa for other useless expirings only amounting to the minimum amount we need to take back (increasing max salary cap to ~$9.3m) we can offer someone a contract that starts at the amount but gets maximum increases every year?

Plus, your also telling me that if we want, we can use our ~$9.2mil TPE (which btw, could expire later, I'll touch on this in a minute) to acqurie another player in a S&T?

So, how is all this bad? If anything, playing the cards properly could lead to a rather successful overhaul of this roster with only about three moves, and take us out of this ever lasting mediocrity.

Now, like I said, we can appeal to the NBA asking to extend our TPE's expiring date by 10 days after the lockout is done as Cleveland has done (and personally I believe the NBA would probably have to grant such a request, considering it's not the teams fault there is a lockout, and if Cleveland gets it, they sure as hell can't say no to us).

So now, you can include some assets (the pick, Davis, Derozan) with that TPE to acquire a player in a S&T, say DeAndre Jordan.

Then, you still have that ~$9.3million in cap space to go spend on a free agent, say Jeff Green, Thaddeus Young, Wilson Chandler.

So, we trade Barbosa to the Bulls for the minimum salary we need to take back in their ungauranteed contracts (which would actually allow us to gain nearly $7million extra in cap space rather than just the $2million that you suggested).

Then we offer a heavy, front loaded contract to one of those guys (whoever is valued more, one of the forwards or centers; personally, I would offer a front loaded contract to DeAndre Jordan and see if Sterling is willing to match, because he probably isn't).

Then you use that TPE + one of our young guys or the pick to get Young/Green/Chanlder (I would target Young, we'd probably have to include Davis in such a deal but I wouldn't mind it at all).

Now you have this roster:

Knight(#5)/Calderon
Derozan/Bayless
Young/Kleiza
Bargnani/Johnson
Jordan/Alabi

No where near luxury tax, but a young team with tons of great pieces that you allow to grow together. Add in a competent and personnell compatible coach, and you have yourselves a perennial playoff team in less than two seasons (ofcourse, Jordan, Derozan and Knight would have to live up to their potential, but that's a risk we'd have to be willing to take).

[ShelB]

So your telling me if the salary cap stayed the same, and we traded Barbosa for other useless expirings only amounting to the minimum amount we need to take back (increasing max salary cap to ~$9.3m) we can offer someone a contract that starts at the amount but gets maximum increases every year?

Plus, your also telling me that if we want, we can use our ~$9.2mil TPE (which btw, could expire later, I'll touch on this in a minute) to acqurie another player in a S&T?

So, how is all this bad? If anything, playing the cards properly could lead to a rather successful overhaul of this roster with only about three moves, and take us out of this ever lasting mediocrity.

Now, like I said, we can appeal to the NBA asking to extend our TPE's expiring date by 10 days after the lockout is done as Cleveland has done (and personally I believe the NBA would probably have to grant such a request, considering it's not the teams fault there is a lockout, and if Cleveland gets it, they sure as hell can't say no to us).

So now, you can include some assets (the pick, Davis, Derozan) with that TPE to acquire a player in a S&T, say DeAndre Jordan.

Then, you still have that ~$9.3million in cap space to go spend on a free agent, say Jeff Green, Thaddeus Young, Wilson Chandler.

So, we trade Barbosa to the Bulls for the minimum salary we need to take back in their ungauranteed contracts (which would actually allow us to gain nearly $7million extra in cap space rather than just the $2million that you suggested).

Then we offer a heavy, front loaded contract to one of those guys (whoever is valued more, one of the forwards or centers; personally, I would offer a front loaded contract to DeAndre Jordan and see if Sterling is willing to match, because he probably isn't).

Then you use that TPE + one of our young guys or the pick to get Young/Green/Chanlder (I would target Young, we'd probably have to include Davis in such a deal but I wouldn't mind it at all).

Now you have this roster:

Knight(#5)/Calderon
Derozan/Bayless
Young/Kleiza
Bargnani/Johnson
Jordan/Alabi

No where near luxury tax, but a young team with tons of great pieces that you allow to grow together. Add in a competent and personnell compatible coach, and you have yourselves a perennial playoff team in less than two seasons (ofcourse, Jordan, Derozan and Knight would have to live up to their potential, but that's a risk we'd have to be willing to take).

I like how this man thinks.

[Visceral]

DAJ is vastly overrated by Raps fans. He's not that good at all.

[Y0DA]

I'm less concerned with how much money the Raptors have than I am with the perception of value for anyone the Raptors sign. With a new collective agreement coming into place, perception of value is going to change radically and the Raptors need to be in a place at the start of the next season where the team has movable pieces.

[Nocturne]

Thanks for the informative post. Can't wait till the draft and the offseason to see what trades BC will make.

[IntricateOh25]

I think it would be a mistake to throw our cap space this summer at a small forward. James Johnson can hold down the 3 spot for a year while we wait until the 2012 draft for a small forward worth grooming.

With that being said, if we can't lure a DeAndre Jordan or Marc Gasol to Toronto, then I'm in favour of filling out the roster with prospects (acquired via the draft, trades, etc.) and veteran leaders to help our young players along.

Although I'm not sure BC will feel the same way, we shouldn't use cap space just because we have it.