2013-2014 Cap Situation and Depth Chart

[Klomp]

Guaranteed
Kevin Love - $14,693,906
Chase Budinger - $5,150,000
Derrick Williams - $5,016,960
Jose Juan Barea - $4,687,000
Luke Ridnour - $4,320,000
Ricky Rubio - $3,678,358
Alexey Shved - $3,066,667
Dante Cunningham - $2,180,000
Shabazz Muhammad - $1,887,120
Gorgui Dieng - $1,352,640
Chris Johnson - $916,099
Total: $46,948,750

Unguaranteed
Greg Stiemsma - $2,690,875
Mickael Gelabale - $916,099
Total: $3,606,974

Cap Holds
Andrei Kirilenko - $11,735,219 (120% of previous salary)
Nikola Pekovic - $8,816,000 (190% of previous salary)
Total: $20,551,219

Current Depth Chart
Rubio / Barea / Ridnour
Shved
Budinger / Muhammad / Gelabale
Love / Cunningham / Williams
Stiemsma / Dieng / Johnson

UPDATED: 7/2/13, 4:52 PM

[Klomp]

Currently, with our guaranteed contracts and three cap holds (Pekovic, Kirilenko, Budinger) we are at 63,234,188. Remembering that the order they verbal doesn't necessarily mean the order they verbal is important.

Is it possible we keep all three and still add someone like Martin? Unlikely.

What appears to be the course of action is renouncing Kirilenko (freeing up $11,735,219). That puts us at $51,498,969.

The 2013-14 salary cap is projected at $58,500,000. This is key, because our offer to Martin or Mayo will start at $7,000,000, which barely keeps us under the salary cap. We then can go over the cap to resign Pekovic and Budinger, and could address the defensive wing position with the room exception (name to watch: Al-Farouq Aminu).

Another scenario would involve trading Barea in a sign-and-trade for Mayo, freeing up additional cash to use.

What could throw a wrench in Flip's plans is the timing of Pekovic possibly signing an offer sheet. If he signs one with another team immediately once free agency opens, that cap space is tied to him. If it were under his current cap hold, it wouldn't matter. But realistically, it could be 4-5m over the cap hold.

[Klomp]

Update: With all our guaranteed contracts, Kevin Martin, and the cap holds / bird rights for Nikola Pekovic and Chase Budinger, we are now at $57,999,043

[Takingbaconback]

What could throw a wrench in Flip's plans is the timing of Pekovic possibly signing an offer sheet. If he signs one with another team immediately once free agency opens, that cap space is tied to him. If it were under his current cap hold, it wouldn't matter. But realistically, it could be 4-5m over the cap hold.

Do you think the Wolves will explain this to Pekovic and he would hold off on signing until Bud and Kmart sign their contracts? How long does it usually take for FAs to sign their contract after negotiation agreements?

[Klomp]

What could throw a wrench in Flip's plans is the timing of Pekovic possibly signing an offer sheet. If he signs one with another team immediately once free agency opens, that cap space is tied to him. If it were under his current cap hold, it wouldn't matter. But realistically, it could be 4-5m over the cap hold.

Do you think the Wolves will explain this to Pekovic and he would hold off on signing until Bud and Kmart sign their contracts? How long does it usually take for FAs to sign their contract after negotiation agreements?

That I don't know.

The way Taylor and even Saunders have talked about Pekovic's likely return though combined with the verbal agreement with Martin indicate to me they have discussed it

[Klomp]

So this is how I'd break things down

1. Rescind Kirilenko
2. Waive Stiemsma, Gelabale
3. Sign Martin (cap space)
4. Sign Budinger (bird rights)
5. Sign or match offer for Pekovic (bird rights)

This puts us at
Rubio / Ridnour / Barea
Martin / Shved
Budinger / Muhammad
Love / Cunningham / Williams
Pekovic / Dieng / Johnson

Remaining moves possible:
1. Room exception (2.6m)
2. Minimum contracts
3. Trades (Williams, Barea/Ridnour)

[criteriado]

If Pek gets a max and we match that....Can we still give the room exception and stay under the lux tax¿? I'd be close, right?

[Klomp]

If Pek gets a max and we match that....Can we still give the room exception and stay under the lux tax¿? I'd be close, right?

I need to figure the math to tell you the exact numbers, but I'm fairly certain it'd be close. After signing Martin we are 500k under the cap, and that is WITH Pek's 8m cap hold. So a max contract would only add about 6m in salary. Bud adds another 5.1m, and the exception is 2.6m. That would add 13.7 in salary, putting us 13.2m over the cap.

The current salary cap estimate is at 58.5, with the luxury tax estimate at 71.6, a difference of 13.1m. So we might be 100k over the cap, but we still have the contracts of Williams, Ridnour, Barea, and Johnson to play with. We can easily stay under the luxury tax.

[Peezo]

So this is how I'd break things down

1. Rescind Kirilenko

I believe you that we need to do this, but can you explain why? Are we not able to use cap space if we have cap holds that would take us over the limit?

[Klomp]

So this is how I'd break things down

1. Rescind Kirilenko

I believe you that we need to do this, but can you explain why? Are we not able to use cap space if we have cap holds that would take us over the limit?

Correct. Basically, until we rescind him, Kirilenko is using up 12m of cap space.

[shrink]

I think you're correct to list the cap holds of Steimsma and Gelebale, even though they are not long for this team. However, if you add them, you should also include the cap holds for the MLE and the M. Lee TPE.

[Klomp]

I think you're correct to list the cap holds of Steimsma and Gelebale, even though they are not long for this team. However, if you add them, you should also include the cap holds for the MLE and the M. Lee TPE.

Unless word comes that there was a S/T for Martin, the MLE is no more because we will have used cap space.

[Saltine]

Guaranteed
Kevin Love - $14,693,906
Kevin Martin $7,000,000
Chase Budinger - $5,150,000
Derrick Williams - $5,016,960
Jose Juan Barea - $4,687,000
Luke Ridnour - $4,320,000
Ricky Rubio - $3,678,358
Alexey Shved - $3,066,667
Dante Cunningham - $2,180,000
Shabazz Muhammad - $1,887,120
Gorgui Dieng - $1,352,640
Chris Johnson - $916,099
Total: $53,948,750

Un-Guaranteed
Greg Stiemsma - $2,690,875
Mickael Gelabale - $916,099
Total: $3,606,974

Cap Holds
Andrei Kirilenko - $11,735,219 (120% of previous salary)
Nikola Pekovic - $8,816,000 (190% of previous salary)
Total: $20,551,219

Current Depth Chart
Rubio / Barea / Ridnour
Martin/ Shved
Budinger / Muhammad / Gelabale
Love / Cunningham / Williams
Stiemsma / Dieng / Johnson

UPDATED: 7/2/13, 10:58 PM

Added Martin, updated Math.

[Klomp]

Thanks Saltine. I think the format needs to be changed a little though.

Budinger should be in a new section, because he'll be one of the last guys to sign with bird rights. Pek will go under the same category. Basically, we need to get as close to the 58.5m as we can without those two in order to maximize our cap space.

[shrink]

I think you're correct to list the cap holds of Steimsma and Gelebale, even though they are not long for this team. However, if you add them, you should also include the cap holds for the MLE and the M. Lee TPE.

Unless word comes that there was a S/T for Martin, the MLE is no more because we will have used cap space.

On the other hand, word has not come down that it is not a sign-and-trade - we don't know if it's a straight free agent signing or not. Regardless of which it is, neither can take place for another 8 days, and therefore both of those exceptions, and Kirilenko's cap hold (which you keep, but is in the same jeopardy as the MLE and TPE) still exist.

[Saltine]

If you want to do it that way, I'll fix the rookies, these numbers have the %20 raise in them, that isn't their real cap hold at the moment.

Guaranteed;
Kevin Love - $14,693,906
Derrick Williams - $5,016,960
Jose Juan Barea - $4,687,000
Luke Ridnour - $4,320,000
Ricky Rubio - $3,678,358
Alexey Shved - $3,066,667
Dante Cunningham - $2,180,000
Shabazz Muhammad - $1,572,600 ($1,887,120)
Gorgui Dieng - $1,127,200 ($1,352,640)
Chris Johnson - $916,099
Total: $41,258,790

Un-Guaranteed;
Greg Stiemsma - $2,690,875
Mickael Gelabale - $916,099
Total: $3,606,974

Signed;
Kevin Martin $7,000,000 (?)
Chase Budinger - $5,150,000
Total: $12,150,000

Cap Holds;
Andrei Kirilenko - $11,735,219 (120% of previous salary)
Nikola Pekovic - $8,816,000 (190% of previous salary)
Total: $20,551,219

Current Depth Chart
Rubio / Barea / Ridnour
Martin/ Shved
Budinger / Muhammad / Gelabale
Love / Cunningham / Williams
Stiemsma / Dieng / Johnson

UPDATED: 7/2/13, 11:36 PM

[Killboard]

Nice to see us targeting Martin. For 7 a year we are not overpaying him.
The contract is a little longer than expected but agening could not be bad since kmart never relied his game in athleticism.

We should be trading ridnour/barea & dwill for 2nd rounders and offer ak some like 21/3.

[Balkman32]

How do you sign Martin, when Budinger put ya'all over the cap?

Renouncing the rights to the following:

Greg Stiemsma - $2,690,875
Mickael Gelabale - $916,099
Andrei Kirilenko - $11,735,219

Still puts the team right @ the Salary Cap.

I can not imagine the rights to Pekovic were renounced

[HitmanCapone]

How do you sign Martin, when Budinger put ya'all over the cap?

Renouncing the rights to the following:

Greg Stiemsma - $2,690,875
Mickael Gelabale - $916,099
Andrei Kirilenko - $11,735,219

Still puts the team right @ the Salary Cap.

I can not imagine the rights to Pekovic were renounced

Because no one is officially signed yet. Martin signs his contract first, we have Bird rights to Bud which allow us to go over the cap to sign him, same for Pekovic. Also if we can get OKC to agree to a S&T for Martin we would be able to do all this and still have the MLE to go get another player(s)

[Balkman32]

How do you sign Martin, when Budinger put ya'all over the cap?

Renouncing the rights to the following:

Greg Stiemsma - $2,690,875
Mickael Gelabale - $916,099
Andrei Kirilenko - $11,735,219

Still puts the team right @ the Salary Cap.

I can not imagine the rights to Pekovic were renounced

Because no one is officially signed yet. Martin signs his contract first, we have Bird rights to Bud which allow us to go over the cap to sign him, same for Pekovic. Also if we can get OKC to agree to a S&T for Martin we would be able to do all this and still have the MLE to go get another player(s)

What could the Sign and Trade be?