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Hornets Cap Situation and Free Agents

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Hornets Cap Situation and Free Agents 

Post#1 » by KDATX » Wed Jun 17, 2015 4:01 pm

http://www.spotrac.com/nba/charlotte-hornets/cap/

Is that 14M in cap space correct?
Possibly 16M if we can move M Barnes before 7/1?
Hendo Opt Out?
Biz?

Who all do you think we will go after?


Wes Matthews
JR Smith
Danny Green
Gerald Green
Anthony Morrow
Louis Williams
Cory Joseph RFA
Jae Crowder RFA

Draymond Green (not a fit though?)
Demarre Carroll
Omri Casspi
CJ Watson
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Re: Hornets Cap Situation and Free Agents 

Post#2 » by yosemiteben » Wed Jun 17, 2015 4:04 pm

KDATX wrote:Is that 14M in cap space correct?

No, that's how much space we have before we hit the luxury tax.

The cap this year is $67M I believe.
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Re: Hornets Cap Situation and Free Agents 

Post#3 » by BlackOutBuzz » Wed Jun 17, 2015 7:38 pm

Well with Hendo opting in we're up to 12 players and about $66.6m in payroll. That's about $500k under the estimated $67.1m cap (won't be official until after the draft). Add in the $2.1m cap hold from the 9th pick and we'll be over the cap; hell, the 60th pick would put us over the cap.

We'll probably cut Barnes and save $2.5m, but that'll be offset by the ninth pick and FA cap holds (likely the reason we're undecided on cutting him is because that $2.5m in savings won't get us anywhere as we'll be operating over the cap anyway).

So, barring a trade offloading a big contract, we're not gonna be players in FA this year. In fact, if we keep Barnes and bring in only one rookie we'll only have two roster spots to fill.

We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max; and also have the Mid-Level ($5.5m) and Bi-Annual ($2m) at our disposal.
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Re: Hornets Cap Situation and Free Agents 

Post#4 » by Flip Murray » Wed Jun 17, 2015 7:44 pm

BlackOutBuzz wrote:Well with Hendo opting in we're up to 12 players and about $66.6m in payroll. That's about $500k under the estimated $67.1m cap (won't be official until after the draft). Add in the $2.1m cap hold from the 9th pick and we'll be over the cap; hell, the 60th pick would put us over the cap.

We'll probably cut Barnes and save $2.5m, but that'll be offset by the ninth pick and FA cap holds (likely the reason we're undecided on cutting him is because that $2.5m in savings won't get us anywhere as we'll be operating over the cap anyway).

So, barring a trade offloading a big contract, we're not gonna be players in FA this year. In fact, if we keep Barnes and bring in only one rookie we'll only have two roster spots to fill.

We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max; and also have the Mid-Level ($5.5m) and Bi-Annual ($2m) at our disposal.


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Re: Hornets Cap Situation and Free Agents 

Post#5 » by HornetJail » Wed Jun 17, 2015 8:16 pm

BlackOutBuzz wrote:Well with Hendo opting in we're up to 12 players and about $66.6m in payroll. That's about $500k under the estimated $67.1m cap (won't be official until after the draft). Add in the $2.1m cap hold from the 9th pick and we'll be over the cap; hell, the 60th pick would put us over the cap.

We'll probably cut Barnes and save $2.5m, but that'll be offset by the ninth pick and FA cap holds (likely the reason we're undecided on cutting him is because that $2.5m in savings won't get us anywhere as we'll be operating over the cap anyway).

So, barring a trade offloading a big contract, we're not gonna be players in FA this year. In fact, if we keep Barnes and bring in only one rookie we'll only have two roster spots to fill.

We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max; and also have the Mid-Level ($5.5m) and Bi-Annual ($2m) at our disposal.

Damn, we're over the cap any way you slice it now. At least we've got 2016 expirings of Al, Hendo, Marvin, Barnes, and Roberts totaling roughly $35M. I'm more interested in our 2016 cap space.

As of now, we have Kemba (12M), Zeller (5.3M), Vonleh (2.7M), PJ (1.3M), and Hawes (6.6M) on the books in 2016. Then add in our 2015 rookie (~2M), our 2016 rookie (~1.5M), Biyombo's new contract (let's say 7M), and either MKG's extension or his qualifying offer (QO = 8.3M). Assuming we don't make any more moves that involve us taking on guaranteed 2016 salary, we are looking at a 47M payroll in 2016. Depending on what the cap ends up being, we are looking at 33M-43M (or more) in 2016 cap space. Hawes could be keeping us from shelling out two max deals. :nonono:
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Re: Hornets Cap Situation and Free Agents 

Post#6 » by MasterIchiro » Wed Jun 17, 2015 8:34 pm

BlackOutBuzz wrote:We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max; and also have the Mid-Level ($5.5m) and Bi-Annual ($2m) at our disposal.


What can we offer MO?
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Re: Re: Hornets Cap Situation and Free Agents 

Post#7 » by BlackOutBuzz » Wed Jun 17, 2015 9:09 pm

MasterIchiro wrote:
BlackOutBuzz wrote:We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max; and also have the Mid-Level ($5.5m) and Bi-Annual ($2m) at our disposal.


What can we offer MO?


As a Non-Bird FA we can offer him 120% of what he made last year, regardless of cap space. His original salary last year was $3.75m, then he received a 15% trade kicker for the portion of the year he played with us. By my count, $4,758,088.80.
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Re: Hornets Cap Situation and Free Agents 

Post#8 » by Braggins » Thu Jun 18, 2015 4:29 am

I bet Clifford has been blowing up Cho's cell phone lobbying him to use the MLE on Lou Williams.
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Re: Hornets Cap Situation and Free Agents 

Post#9 » by Liver_Pooty » Thu Jun 18, 2015 4:32 am

I'm honestly convinced that blackoutbuzz is a former executive himself. I follow, or try to follow this free agent stuff like the back of my hand, but he's a freaking stud when it comes to this cap stuff. Lol its honestly amazing.
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Re: Hornets Cap Situation and Free Agents 

Post#10 » by Braggins » Thu Jun 18, 2015 4:33 am

I thought my last post was funny until I realized that I could actually see this FO signing Lou Williams...
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Re: Hornets Cap Situation and Free Agents 

Post#11 » by Diop » Thu Jun 18, 2015 6:35 am

I think they're hoping to trade Barnes for something. Use that expiring to try and snare another asset
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Re: Hornets Cap Situation and Free Agents 

Post#12 » by W_HAMILTON » Thu Jun 18, 2015 11:19 am

BlackOutBuzz wrote:Well with Hendo opting in we're up to 12 players and about $66.6m in payroll. That's about $500k under the estimated $67.1m cap (won't be official until after the draft). Add in the $2.1m cap hold from the 9th pick and we'll be over the cap; hell, the 60th pick would put us over the cap.

We'll probably cut Barnes and save $2.5m, but that'll be offset by the ninth pick and FA cap holds (likely the reason we're undecided on cutting him is because that $2.5m in savings won't get us anywhere as we'll be operating over the cap anyway).

So, barring a trade offloading a big contract, we're not gonna be players in FA this year. In fact, if we keep Barnes and bring in only one rookie we'll only have two roster spots to fill.

We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max; and also have the Mid-Level ($5.5m) and Bi-Annual ($2m) at our disposal.


That's why I don't see why people were so upset that Henderson opted in. It doesn't seem to change our cap situation much either way, except that odds are Henderson will provide us with much more than we could get from having an additional $6m to play around with.

Also, based on the cap implications you stated, I don't see why we should cut Barnes either. I'm not a fan of his at all, but we were started Jeffrey Taylor down the stretch for god's sake. People seem to think Barnes was a consequential contributor to that Clippers team, so if we are trying to make the playoffs next season -- which we damn well better be -- we should keep him as well, even if it's just to trade him down the road. The additional savings we would get by cutting him by the end of the month doesn't seem to outweigh his potential production that we would lose out on.

Basically when Jefferson opted in, it seemed as though we were pretty much set cap-wise -- not enough cap space to really make a splash in free agency, but not enough in payroll to worry about the luxury tax. If that's the case, we shouldn't be throwing away talent for temporary cap space that will most likely not impact us this offseason regardless.
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Re: Re: Hornets Cap Situation and Free Agents 

Post#13 » by BlackOutBuzz » Thu Jun 18, 2015 2:02 pm

Liver_Pooty wrote:I'm honestly convinced that blackoutbuzz is a former executive himself.


Haha, hopefully future. Hornets keep rejecting my internship applications :-(
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Re: Re: Hornets Cap Situation and Free Agents 

Post#14 » by MasterIchiro » Thu Jun 18, 2015 2:09 pm

BlackOutBuzz wrote:
Liver_Pooty wrote:I'm honestly convinced that blackoutbuzz is a former executive himself.


Haha, hopefully future. Hornets keep rejecting my internship applications :-(


Employers are all promoting from within now. HR departments favor the company man with the track record so personnel is more likely to remain more stable and the organization more efficient.

If you're qualified for an internship, you'd still benefit from first telemarketing and getting into the organization entry level and cold calling fans to buy season tickets.
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Re: Hornets Cap Situation and Free Agents 

Post#15 » by fatlever » Thu Jun 18, 2015 4:30 pm

the people who call me about season tix usually sound like they couldn't name 5 players on the team.
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Re: Hornets Cap Situation and Free Agents 

Post#16 » by MasterIchiro » Thu Jun 18, 2015 4:33 pm

fatlever wrote:the people who call me about season tix usually sound like they couldn't name 5 players on the team.


My caller is pretty good. Same guy 2 years in a row. I put him to the test. Last year I was all about Hayward, then Stauskas. This year I was all about winning the lottery. He definitely was knowledgeable of the team. I encourage one of my tenants in Charlotte to get the Hornets on his resume. He majored in sports management. It's a crappy job but you have to start somewhere :P
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Re: Hornets Cap Situation and Free Agents 

Post#17 » by fatlever » Thu Jun 18, 2015 4:45 pm

The conversation always goes the same.

Hornets: Hey, when can we get you out to the arena for a game next year?
Me: Um... its May, the schedule hasn't even been released yet.
Hornets: We have a lot of ticket packages that might interest you.
Me: You know I was a season ticker holder for 6 seasons and I gave them up last year, right?
Hornets: Sure, if you can't commit to a full season, what about a partial ticket plan?
Me: Well, as I told them when I cancelled, I can't make it to games on the weekdays because I work in Fort Mill until 7PM. It made no sense for me to have season tickets any longer.
Hornets: We'd love to get you to a game on a weekend. Are there any weekends you'd like to come to a game?
Me: Its May. I have no idea.
Hornets: Sure, but we can go ahead and get the process started. We want to make sure you have the best options available for those weekend game. We have weekend packages as well.
Me: I hate people. I hate being around people.
Hornets: We can put you in a suite, where you have more privacy.
Me: I prefer to sit on my couch and read the Realgm game threads with Liver_Pooty talk about banging Stephanie Ready.
Hornets: [Click]
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Re: Hornets Cap Situation and Free Agents 

Post#18 » by yosemiteben » Fri Jun 19, 2015 9:59 pm

BlackOutBuzz wrote:We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max...

I don't care about JT and Max and believe I understand Mo's situation, but what is Biz's situation?

Given that we are right at the cap, how much can we go over to resign him / what's the biggest deal we can agree to if we are over the cap? A sub-question is if need to and do end up giving him the maximum salary possible, does that take away from some exception that might be available to another player (say MKG) when it's time for him to resign?

I'm starting to wonder how much of the vagueness around Biz has to do with the fact that if he gets a big offer, we might not even be able to match it because of our cap situation. We might literally not know what's going to happen there.
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Re: Hornets Cap Situation and Free Agents 

Post#19 » by BlackOutBuzz » Fri Jun 19, 2015 10:36 pm

yosemiteben wrote:
BlackOutBuzz wrote:We hold exception rights to exceed the cap at varying amounts for Biz, Mo, JT, and Max...

I don't care about JT and Max and believe I understand Mo's situation, but what is Biz's situation?

Given that we are right at the cap, how much can we go over to resign him / what's the biggest deal we can agree to if we are over the cap? A sub-question is if need to and do end up giving him the maximum salary possible, does that take away from some exception that might be available to another player (say MKG) when it's time for him to resign?

I'm starting to wonder how much of the vagueness around Biz has to do with the fact that if he gets a big offer, we might not even be able to match it because of our cap situation. We might literally not know what's going to happen there.


Biz (and JT as well) is a full Larry Bird free agent and thus we can match any offer - even the max - to keep him. It won't happen, but we could even give him the max qualifying offer over 5 years if we were so inclined. These really have no effect on MKG, as he'll also be a full Bird FA so we can also exceed the cap to re-sign him too. We can even go into the luxury tax to keep our own guys, just as long as they have at least 3 years of service.

The only reason not to sign him would be if they felt his new deal took away too much cap space next year and beyond.
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Re: Hornets Cap Situation and Free Agents 

Post#20 » by Vanderbilt_Grad » Fri Jun 19, 2015 10:47 pm

BlackOutBuzz wrote:The only reason not to sign him would be if they felt his new deal took away too much cap space next year and beyond.

Or if they had decided to go in a different direction ... or if there was a need for his roster space. But yeah. They should bring Biz back.
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