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Clearing up the "How much cap space do we have this summer?" question

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Clearing up the "How much cap space do we have this summer?" question 

Post#1 » by The Penguin » Mon Feb 23, 2015 9:59 pm

Seems to be A LOT of confusion about what we can accomplish this summer, so let's treat this thread as an attempt to clear things up.


Players under contract:

Brandon Jennings - $ 8,344,497
Jodie Meeks - $ 6,270,000
KCP - $ 2,891,760
Drummond - $ 3,272,091
Dinwiddie - $ 845,059

Cap Holds:

Monroe - $ 10,216,135
Reggie Jackson - $ 5,510,923

Dead Money:

Josh Smith - ~$ 5,400,000
Gray - $ 1,356,146

Unguaranteed:

Caron Butler - $ 4,500,000

Partial Guaranteed:

Tolliver - $ 400,000 (guaranteed amount) $ 3,000,000 (team option)

Player Option:

Cartier Martin - $ 1,200,000

1st round pick cap hold:

12th pick - $ 1,866,500
14th pick - $ 1,684,600
15th pick - $ 1,600,200



Max cap space summary, assuming we decline all options and make the 8 seed

Brandon Jennings - $ 8,344,497
Jodie Meeks - $ 6,270,000
KCP - $ 2,891,760
Drummond - $ 3,272,091
Dinwiddie - $ 845,059
Monroe - $ 10,216,135
Reggie Jackson - $ 5,510,923
15th pick - $ 1,600,200
9th spot (min cap hold)- $ 525,093
10th spot (min cap hold)- $ 525,093
11th spot (min cap hold)- $ 525,093


Josh Smith - ~$ 5,400,000
Gray - $ 1,356,146
Tolliver - $ 400,000

Projected Salary - $ 47,682,090
Projected Salary Cap - $ 66,300,000

Projected Max Salary Space- $ 18,617,910

Give or take some money here or there.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#2 » by sc8581 » Mon Feb 23, 2015 10:06 pm

So we'll have almost $29M once we renounce Moose, sweet!!
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#3 » by epheisey » Mon Feb 23, 2015 10:08 pm

sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!


Except that won't, and shouldn't, happen.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#4 » by sc8581 » Mon Feb 23, 2015 10:12 pm

epheisey wrote:
sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!


Except that won't, and shouldn't, happen.


Lol. I'm honestly not convinced Stan wants him back, nothing to do with my thoughts on his game, I just sense this.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#5 » by The Penguin » Mon Feb 23, 2015 10:14 pm

epheisey wrote:
sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!


Except that won't, and shouldn't, happen.



Yes, given our holding his bird rights, we essentially get a ~$15 mil player for $10 mil.

We also get the Room MLE of $2,814,000 after we exceed the salary cap to sign free agents and resign Jackson and/or Monroe
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#6 » by The Penguin » Mon Feb 23, 2015 10:17 pm

sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!



Closer to $28 mil, you'd have to add a minimum salary to replace his spot so you gain $9.7 M of cap by renouncing him.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#7 » by sc8581 » Mon Feb 23, 2015 10:21 pm

The Penguin wrote:
sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!



Closer to $28 mil, you'd have to add a minimum salary to replace his spot so you gain $9.7 M of cap by renouncing him.


Of course
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#8 » by Moses ShamMoses » Mon Feb 23, 2015 10:30 pm

A few things, we aren't going to decline the team option on Tolliver unless he gets severely injured. We may get a "refund" on some of the Josh Smith money if he re-signs a deal over the minimum (most likely will re-sign with Houston for MLE).

Also, does anybody know when we have to make a decision on Caron Butler? It would be nice to be able to see what free agents we attract before declining his option. My gut says he is not worth $4.5 so if it came down to it, id decline the option to free up money.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#9 » by coordinator0 » Mon Feb 23, 2015 10:39 pm

http://data.shamsports.com/content/page ... istons.jsp

Sham says (hover your pointer over the names) that the guarantee date for Butler's second year is June 30th. It's a shame he doesn't seem to be actively updating the salary pages anymore. The following is a another good site I've found for it though. Pincus knows his stuff.

http://www.basketballinsiders.com/detro ... am-salary/
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#10 » by theBigLip » Mon Feb 23, 2015 10:40 pm

sc8581 wrote:
epheisey wrote:
sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!


Except that won't, and shouldn't, happen.


Lol. I'm honestly not convinced Stan wants him back, nothing to do with my thoughts on his game, I just sense this.


I think Stan is liking having to bigs and will be willing to spend the money to keep him if he wants to stay. Even if it isn't a long term play, once we have him signed he would be a great trade chip later. That is something that could help us get a really good SF.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#11 » by sc8581 » Mon Feb 23, 2015 10:44 pm

theBigLip wrote:
sc8581 wrote:
epheisey wrote:
Except that won't, and shouldn't, happen.


Lol. I'm honestly not convinced Stan wants him back, nothing to do with my thoughts on his game, I just sense this.


I think Stan is liking having to bigs and will be willing to spend the money to keep him if he wants to stay. Even if it isn't a long term play, once we have him signed he would be a great trade chip later. That is something that could help us get a really good SF.


I don't think he's as coveted by other teams as you think
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#12 » by Moses ShamMoses » Mon Feb 23, 2015 10:45 pm

I have a feeling Cartier Martin will accept his player option for fear of striking out in free agency...assuming he picks up his 1.2M option and we pick up Tollivers 3M but decline Butlers 4.5M..do we have enough to offer a max contract to a free agent? I'm not sure what the first year of a max deal would look like (the max for young players).
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#13 » by Liqourish » Mon Feb 23, 2015 10:48 pm

sc8581 wrote:
theBigLip wrote:
sc8581 wrote:
Lol. I'm honestly not convinced Stan wants him back, nothing to do with my thoughts on his game, I just sense this.


I think Stan is liking having to bigs and will be willing to spend the money to keep him if he wants to stay. Even if it isn't a long term play, once we have him signed he would be a great trade chip later. That is something that could help us get a really good SF.


I don't think he's as coveted by other teams as you think


I think you're wrong.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#14 » by Moses ShamMoses » Mon Feb 23, 2015 10:49 pm

coordinator0 wrote:http://data.shamsports.com/content/page ... istons.jsp

Sham says (hover your pointer over the names) that the guarantee date for Butler's second year is June 30th. It's a shame he doesn't seem to be actively updating the salary pages anymore. The following is a another good site I've found for it though. Pincus knows his stuff.

http://www.basketballinsiders.com/detro ... am-salary/



Thanks very helpful...one thing I noticed is Aaron Grey's salary has been stretched over three years which I don't think The Penguin is accounting for currently.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#15 » by Scout Taron » Tue Feb 24, 2015 12:03 am

Does Monroe even have a cap hold? I thought him signing the QO removed his bird rights?

EDIT: Nevermind, he only appears to lose them if traded. Odd.
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Re: Re: Clearing up the "How much cap space do we have this summer?" question 

Post#16 » by Pharaoh » Tue Feb 24, 2015 12:22 am

The Penguin wrote:
epheisey wrote:
sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!


Except that won't, and shouldn't, happen.



Yes, given our holding his bird rights, we essentially get a ~$15 mil player for $10 mil.

We also get the Room MLE of $2,814,000 after we exceed the salary cap to sign free agents and resign Jackson and/or Monroe


How do we get the Room MLE?

In the old CBA if you were under the cap by $28 mil there would be no exceptions for you - use your space and that's it.

Also, do we need to have 14 or 15 cap holds? I thought it was 12?
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#17 » by The Penguin » Tue Feb 24, 2015 2:22 am

Moses ShamMoses wrote:
coordinator0 wrote:http://data.shamsports.com/content/page ... istons.jsp

Sham says (hover your pointer over the names) that the guarantee date for Butler's second year is June 30th. It's a shame he doesn't seem to be actively updating the salary pages anymore. The following is a another good site I've found for it though. Pincus knows his stuff.

http://www.basketballinsiders.com/detro ... am-salary/



Thanks very helpful...one thing I noticed is Aaron Grey's salary has been stretched over three years which I don't think The Penguin is accounting for currently.




I didn't realize Gray had been stretched, that should give us another ~$800k, I'll update the OP.


Picking up Tolliver's option would take about $2 mil off the projected cap space number, ~$900K of his 3 mil is represented by the $400k guarantee and $525 K min cap hold.

Martin picking up his option would cut off ~$700 k (1.2 mil - 525k min cap hold).


The 2011 CBA gives 2 MLEs, the ~$5.5 mil above the cap MLE and the $2.85 Room for those who used cap space.

We'll surely decline Butler's option, the $4.5 mil was way above what anyone else would have offered, it was Stan doing him a favor knowing we were not going to sign anyone of significance after Augustine and Meeks got done.
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Re: Re: Clearing up the "How much cap space do we have this summer?" question 

Post#18 » by The Penguin » Tue Feb 24, 2015 2:24 am

Pharaoh wrote:
The Penguin wrote:
epheisey wrote:
Except that won't, and shouldn't, happen.



Yes, given our holding his bird rights, we essentially get a ~$15 mil player for $10 mil.

We also get the Room MLE of $2,814,000 after we exceed the salary cap to sign free agents and resign Jackson and/or Monroe


How do we get the Room MLE?

In the old CBA if you were under the cap by $28 mil there would be no exceptions for you - use your space and that's it.

Also, do we need to have 14 or 15 cap holds? I thought it was 12?



12 cap spots. I accounted for 11 of them as the 12th would be made up of the highest possible contract we could offer.
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#19 » by Hotmayo » Tue Feb 24, 2015 2:28 am

sc8581 wrote:
epheisey wrote:
sc8581 wrote:So we'll have almost $29M once we renounce Moose, sweet!!


Except that won't, and shouldn't, happen.


Lol. I'm honestly not convinced Stan wants him back, nothing to do with my thoughts on his game, I just sense this.


I agree. svg wants a 4 that can spread the floor. hes probably going all in for draymond
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Re: Clearing up the "How much cap space do we have this summer?" question 

Post#20 » by mattao313 » Tue Feb 24, 2015 2:34 am

Hotmayo wrote:
sc8581 wrote:
epheisey wrote:
Except that won't, and shouldn't, happen.


Lol. I'm honestly not convinced Stan wants him back, nothing to do with my thoughts on his game, I just sense this.


I agree. svg wants a 4 that can spread the floor. hes probably going all in for Love

FTFY
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