Current Status (July 17) with Salary Cap Considerations

[tviper]

*This is edited from the OP on July 4, 2014.
**Edit 2 - Randle signed (assuming standard 120%)
***Edit 3 - Ed Davis signed (2yr/2M)
****Edit 4 - Carlos Boozer signed (3.25M)

Final cap situation (estimated):

Kobe 23,500,000
Nash 9,701,000
Hill hold 6,770,840
Jeremy Lin 8,374,646
Boozer 3,250,000
Randle 2,997,360
Sacre 915,243

Nick Young 5,050,000 est

Cap holds (4) 2,029,344
total 62,467,593
cap room 90,071

This has been revised in view of the Boozer news to figure out how the 3.25M reported is possible with the reported total for Swaggy of 21.5 over 4. In order to get close to 5M for Swaggy year 1 looks like LAL must withdraw the QO of Kelly and waive Marshall. Also, clear that the Ed Davis deal is similar to the one Swaggy signed last year, min deal that escalates with a player option in year 2. Have to think Kelly will be signed using the Room Exception.

[dockingsched]

good stuff

this article also goes into the lakers cap breakdown

http://www.silverscreenandroll.com/2014 ... ne-line-to

some of the best info they give is that if the lakers strike out on max contract players this summer, the most they can spend this summer with their current cap is around 11.5mil (assuming its a multi yr deal) if they plan to be able to offer a max contract next summer for the likes of love, marc gasol, LMA, etc.

[DEEP3CL]

I don't think you can withdraw the QO once you extend it to a player. That's why you have a certain date to do it. I could be wrong on this though.

Doc do you have any info on that?

[DEEP3CL]

I sure Kobe's deal comes off in the 2015-2016 season.

[myersia]

I bet if Steve Nash were on the Rox they would find someone to take him. For some reason teams help Houston in salary dumps. Wish we could find one for Nash. Toronto for future 2nd round?

[ROballer]

**** Kobe....stretch his ass next year if we're not getting anything now and keep the cap space for 2015 and beyond

[tviper]

I don't think you can withdraw the QO once you extend it to a player. That's why you have a certain date to do it. I could be wrong on this though.

Doc do you have any info on that?

so you are going to question me after I obviously put together something relatively comprehensive? you think I didn't check on whether a team can withdraw a QO before posting? and why ask doc instead of the person who put the post together? please...

"A team may relinquish its right of first refusal, making the player an unrestricted free agent. If a qualifying offer is outstanding, the team can withdraw it unilaterally through July 23. It can be withdrawn after July 23 if the player consents, in which case the player is also renounced as a free agent5 (see question number 41). If a qualifying offer is not outstanding, then a team can relinquish its right of first refusal at any time by providing written notice."

http://www.cbafaq.com/salarycap.htm#Q44

[Fresh360Waves]

**** Kobe....stretch his ass next year if we're not getting anything now and keep the cap space for 2015 and beyond

Or Atlanta? Maybe either team would help us out, but IDK.

[Pointgod]

Summarizing current cap situation:

Kobe 23,500,000
Sacre 915,243
Randle 2,497,800
Nash 9,701,000
Kelly 1,016,482
Cap holds 3,551,352
total 41,181,877
cap room 22,018,123

This cap room assumes all FA and exceptions are renounced. Possibilities from here are as follows with new cap number indicated:

1. withdraw the QO from Kelly = 22,527,269
2. stretch Nash = 28,487,266
3. trade Nash, Sacre, Randle = 34,119,304

Those are the only real possibilities, as LAL has no assets to include in a Nash salary dump and there is otherwise no market for Nash that I am aware of.

-As can be seen, the max offer to Melo is contingent on withdrawing the QO offer to Kelly at the minimum as his max deal is about 22.5M in year 1.

-A Melo/Lebron combination likely requires a trade of Nash and Randle to get each 17M to start. given the reports of each wanting the max, this possibility seems rather remote.

-Stretching Nash opens up the possibility of a Melo+Pau combination as has been reported, but prevents any other signing and limits future year's cap room, most notably in 2016-17 when Kobe (and presumably Pau if he is signed) come off the books. Further, everyone (rightly) assumes that Nash will be injured for large portions of the year, but it is possible that he plays and plays well. If Melo and Kobe are together on the court, they need a passing PG to distribute the ball one would think.

Great research. This needs to be stickied for all those posters that keep posting line ups with Melo, Gasol, Young and Hill resigned.

[DEEP3CL]

I don't think you can withdraw the QO once you extend it to a player. That's why you have a certain date to do it. I could be wrong on this though.

Doc do you have any info on that?

so you are going to question me after I obviously put together something relatively comprehensive? you think I didn't check on whether a team can withdraw a QO before posting? and why ask doc instead of the person who put the post together? please...

"A team may relinquish its right of first refusal, making the player an unrestricted free agent. If a qualifying offer is outstanding, the team can withdraw it unilaterally through July 23. It can be withdrawn after July 23 if the player consents, in which case the player is also renounced as a free agent5 (see question number 41). If a qualifying offer is not outstanding, then a team can relinquish its right of first refusal at any time by providing written notice."

http://www.cbafaq.com/salarycap.htm#Q44

Ok you did the research. ....and didn't I say I could be wrong on that?

And the only reason I mentioned Doc s because he's usually up on that.

Breathe easy man....I wasn't trying to disrespect your knowledge.

[Tiesto_Lakers]

The cap space seems accurate. At this point, the best case scenerio is fielding a team of Kobe/Melo/Randle/Pau. I'm sorry, Nash should be stretched ASAP as that $6 million comes in handy when trying to bring Pau back. Keeping Nash means Pau would only re-sign for the Vet. Min...not gonna happen.

Also looks like we'll have to fill out the bench with Vet. Min guys, similar to last season.

If I were Melo I would think twice about signing with us just because the roster is shaky, thanks to Kobe's massive contract.

On another note, the Lakers could always sign I. Thomas and Stephenson instead of Carmelo. Offer Thomas $9 million and Stephenson $10-11 mill. After stretching Nash that would leave us with $8 or $9 million left over, meaning we could re-sign Pau and possibly sign someone like Stuckey as a 6th man.

[tviper]

The cap space seems accurate. At this point, the best case scenerio is fielding a team of Kobe/Melo/Randle/Pau. I'm sorry, Nash should be stretched ASAP as that $6 million comes in handy when trying to bring Pau back. Keeping Nash means Pau would only re-sign for the Vet. Min...not gonna happen.

Also looks like we'll have to fill out the bench with Vet. Min guys, similar to last season.

If I were Melo I would think twice about signing with us just because the roster is shaky, thanks to Kobe's massive contract.

On another note, the Lakers could always sign I. Thomas and Stephenson instead of Carmelo. Offer Thomas $9 million and Stephenson $10-11 mill. After stretching Nash that would leave us with $8 or $9 million left over, meaning we could re-sign Pau and possibly sign someone like Stuckey as a 6th man.

I am generally against bringing Pau back, but the only way it would make sense is if Melo is coming aboard. So, I agree with you that Nash should be stretched if Pau wants to come back with Melo and Kobe (assuming you couldn't dump Nash on another team, e.g., GS into the RJeff TPE).

However, I disagree with stretching Nash in any other circumstance as best to get his contract completely off the books this year. Also, if LAL misses out on Melo and Lebron, they should only sign one 10M player so that a max contract is available next year as doc mentioned above.

I would go after Stephenson even with the great risk involved because he has the most upside, can guard three positions, and could be positively influenced by Kobe.

[Get17]

On Randle, I thought rookie first rounders can (and almost always do) sign for 120% of the scale. Isn't the cap hold that? (ie 2.9 ish). Not much of a diff in the big pic.

[tviper]

On Randle, I thought rookie first rounders can (and almost always do) sign for 120% of the scale. Isn't the cap hold that? (ie 2.9 ish). Not much of a diff in the big pic.

no, cap hold is the slotted rookie scale until they sign. that is why you will see teams that need cap space wait to sign their first rounders until after they use their cap space as they can use the rookie exception to sign their first rounders.

[tviper]

As first reported by Eric Pincus, a S&T of Pau to CHI is possible if the transactions of yesterday (that we thought were finalized) are timed in a certain way for completion. The cap before today's transactions (assuming all UFA but Hill renounced, and Marshall waived):

Hill hold 6,650,000
Kobe 23,500,000
Sacre 915,243
Randle 2,497,800
Nash 9,701,000
Kelly 1,016,482
Cap holds 3,044,016
total 47,324,541
cap room 15,875,459

Pau could be signed with cap room and traded for a player and/or picks. However, whatever is coming back would have to leave room for Lin and Swaggy as follows:

Nick Young 5,025,000
Jeremy Lin 8,374,646
Hill hold 6,650,000
Kobe 23,500,000
Sacre 915,243
Randle 2,497,800
Nash 9,701,000
Kelly 1,016,482
Cap holds 2,029,344
total 59,709,515
cap room 3,490,485

So in essence, the Lakers could S&T Pau but could only take back 3,997,821 (3,490,495+507,336) in salary. Given the S&T rules (under 9.8, 150%+100K), CHI could pay Pau 6,096,731. However, we know Pau turned down 10M per from the Lakers and Atlanta, so more likely that he is getting at least that from CHI, which may be possible due to non-guaranteed contracts.

According to the CHI salary page on basketballinsiders, which is prepared by Pincus, there are several non-guaranteed contracts that could be traded to LAL and then waived (James, Brewer, Amundson). For example:

LAL out: Pau (up to 11M)
LAL in: James, Brewer, Amundson, Dunleavy, Sac 2015 1st (waive everyone but Dunleavy)

There has been some discussion of including Nash in the deal to bring back more salary, but even with Nash, the most LAL could bring back and still execute the agreements is about 13.7M which isn't enough for Boozer's 16.8M salary. So unless CHI is sending back Taj Gibson, no reason to include Nash.

[moonpie]

I think Pincus said it best in that timing would be crucial to a S&T deal. Those contracts to Swaggy P and Hill would have to be verbal commitments (nothing officially signed) and the Lin trade would have to take place AFTER a Gasol trade. We could then use bird rights to sign Hill though we'd need to sign Young with pure cap space. I'm confused now.

[TyCobb]

There are a few other FA I'd rather have than Young and Hill. Damn.. $14M burned right there? We're pretty much done for the offseason, sucks to not have a star in the making from FA.

[dockingsched]

I think Pincus said it best in that timing would be crucial to a S&T deal. Those contracts to Swaggy P and Hill would have to be verbal commitments (nothing officially signed) and the Lin trade would have to take place AFTER a Gasol trade. We could then use bird rights to sign Hill though we'd need to sign Young with pure cap space. I'm confused now.

the problem here is that the Gasol s&t would need to yield a TPE large enough to absorb Lin. That doesn't seem quite that likely with the bulls and spurs the teams gasol is choosing from.

[Dr Aki]

i thought S&Ts were still possible UNTIL you exceed the luxury tax threshold, not the salary cap

[dockingsched]

i thought S&Ts were still possible UNTIL you exceed the luxury tax threshold, not the salary cap

its not that its not possible, its that the lakers can't receive salary in return because they need to have cap, or a TPE large enough, to take on lin's contract. with that in mind, its very unlikely that a S&T can be worked out.