2014/2015 Toronto Raptors Salary Info
DeMar Derozan$9,500,000
John Salmons$7,000,000 (1 million guaranteed next year)
Landry Fields$6,250,000
Amir Johnson$7,000,000 (5 million guaranteed next year)
Chuck Hayes$5,958,750
Steve Novak$3,445,947
Jonas Val$3,678,360
Tyler Hansbrough$3,326,235 (1 million guaranteed)
Terrence Ross$2,793,960
Marcus Camby*$646,609
= 49,599,861 (assuming Salmons & Hansbrough ARENT waived)
= 41,273,626 (assuming Salmons & Hansbrough ARE waived)
* = Camby buyout remaining on cap
Blue = partially guaranteed contracts
Note-able Cap Holds/Qualifying Offers:
Greivis Vasquez$5,375,470 ($3,203,780 qualifying offer)
Patrick Patterson$7,763,253 ($4,319,474 qualifying offer)
Kyle Lowry$9,315,000
Nando De Colo$1,901,900 ($1,828,750 qualifying offer)
= 65,629,249 (this number reflects cap holds + Salmons & Hansbrough waived)
= 59,940,740 (this number reflects QOs accepted (& Lowry cap hold) + Salmons & Hansbrough waived)
2013/2014 Rookie Scale:
#20 =$1,174,200
#34 =TBD
#59 =TBD
* remember they can sign for as much as 120% of this rookie scale or as little as 80% of the rookie scale.
Salmons & Hansbroughs contract
Salmons - have till June 30th to guarantee the full 7 million or waive him for 1 million
Hansbrough - have till June 29th to guarantee the full 3.3 million or waive him for 1 million
Larry Coons cap projections...The NBA issued new projections for the 2014-15 and 2015-16 salary cap and luxury tax thresholds. The 2014-15 salary cap is now projected to be $63.2 million and the tax level is projected to be $77.0 million. The numbers for 2015-16 are now projected to be $66.5 million and $81.0 million, respectively.
Where Does This Leave Us?
I expect Salmons & Hansbrough to be waived. I know some of you want to keep Hansbrough but not sure where he fits on the roster. If you draft a big man in the 2nd round and sign a big body backup C there really isnt a space for him unless Hayes is traded. So that leaves us with
42,447,826 (this number reflects Hansbrough & Salmons waived + our 1st round draft pick signed)
So that would leave us with around 21 million if Lowry, Patterson & Vasquez walk. If you sign all 3 you basically have zero cap room and would have to use the MLE to upgrade the wing spot off the bench. This is why i see Masai using Salmons & Hansbrough on draft day to acquire someone better than the MLE (ie Chandler, Green, etc). I think Lowry will get 11 million (maybe 10), Vasquez 4.5 (similar to Lou Williams contract), Patterson 4.5 (similar to Brandon Wright) leaving us with.
62,447,826 + both 2nd round picks needing to be signed.
we will be a good amount below the tax so taking on salary in trades shouldnt be an issue. There are possibilities of a S&T with one of the FAs being worked out (like Deng) where Cleveland may accept Fields + Novak in return for a 1st round pick (NYK 2016) so they get something back vs losing him for nothing. So i see the trade route as the only real way to go but were in a good position.
If we use the above figures of Lowry 11, Vasquez 4.5, Patterson 4.5 and base it off Larry Coons projections we should have more than max cap room next summer (around 44 million after factoring in our 2015 1st). That would leave us with 22.5 million in cap space. That will be the year to make a splash because the year after Ross & JV will be up for extensions.
