Raptors Cap Situation - Woj: Cap at 70 million, Tax 84.7 million

[Mascot]

Powell is not signed. We have 11 roster spots filled so one empty roster spot taking up min space if I have the amounts right.

$8,688,156
Available

[dhackett1565]

Wright should be 1,509,360.

[dhackett1565]

Nogueira is 1,842,000.

[El Bow]

It's only a $600k difference but Demar's cap hit will probably drop back to $9.5M once the moratorium period ends next week. His performance bonus will go back to being listed as "unlikely"

[dhackett1565]

It should indeed go back down. I've been saying so to Wolstat, who has said his NBA contact disagrees, but I can't find anywhere in the CBA that would allow that to happen.

[El Bow]

The consensus is that Demar's bonus is tied to whether or not he makes the all-star team, which he did in 2014 but not this previous season (hence why it's assumed to go back down).

I don't have time to read through it all but the answer should be within http://www.cbafaq.com/salarycap.htm#Q74

...The determination of whether an incentive is likely or unlikely is based on whether the criterion was achieved in the previous season. [...] All performance incentives are re-evaluated at the start of each season to determine whether they should be classified as likely or not likely to be achieved.

[dhackett1565]

The actual wording from the CBA, Article VII, Section 3(d)-(1):

For purposes of determining a player’s Salary each Salary Cap Year, except as provided in Sections 3(d)(2)-(4) below, any Performance Bonus (provided such Performance Bonus may be included in a Player Contract in accordance with Section 5(d) below), shall be included in Salary only if such Performance Bonus would be earned if the Team’s or player’s performance were identical to the performance in the immediately preceding Salary Cap Year.

Sections 3(d)-(2 to 4) are exceptions related to issues when signing a new deal or extension, switching teams, or being claimed by an expansion team, none of which apply to DeRozan.

[Kinger95]

So if we waive ridnour we would have 8mill in space? Or is it 8 mill after he's waived?

[goldenhawk]

Oh man, wonder what we will be offering JV next year

[dhackett1565]

Oh man, wonder what we will be offering JV next year

Might find out this summer - he's up for extension.

[dhackett1565]

So if we waive ridnour we would have 8mill in space? Or is it 8 mill after he's waived?

Depends on what cap number you believe. Original NBA projection was 67.1M, reports have been that it is coming in 2 million higher. If you buy the 69 M cap, once we waive Ridnour we will have just over 10.5M in cap space.

[Skeezo]

Oh man, wonder what we will be offering JV next year

Might find out this summer - he's up for extension.

Might be smart to try and lock him up... Big Men haven't been getting astronomical salaries outside of Jordan, Aldridge, Gasol, Millsap, B.Lopez. Outside of Lopez it's pretty safe to presume that JV is not on any of these guys levels... When R.Lopez, G.Monroe, Thompson aren't even getting full max deals, I would say the market is pretty good to lock him up using these comparisons... Next year's free agent market for Centers is thin & even though we have his restricted rights I would be scared someone threw him some loopy offer after Drummond, Howard, Horford get locked up...

5yr/82.5m (16.5m) should do it... Little bit better money than Thompson/Drummond, while still giving him the security... If JV continues to progress, that deal will look amazing not only next year when it starts but even better by the end

[Skeezo]

Updated Cap Sheet after Biyombo deal..

This takes in to consideration that Biyombo is being signed to the Room Exception which is a 2yr/5.7m deal under league rules that will not affect our current cap space...

For my Cap Sheet I put D.Carroll on a front loaded contract... Since its doubtful of signing anybody else of substantial dollars let's take a larger hit on DC's deal this year to make it lesser later on... With that in mind it shows we have 9.2m in remaining space, if needed however we can flip it to a backloaded contract & Raps would have 10.6m in remaining space

[Mascot]

Update: added Bismack Biyombo, fixed Lucas Nogueira and Demar DeRozan's salaries

[nowayguy]

Nevermind.

[Rapsobsessed7]

Update - July 5th Cory Joesph + Bismarck Biyombo

[Rapsobsessed7]

Skies & Mascot i also added your new updates to the OP

[Zeno]

So as it stands, they likely have to waive Ridnour to create the space rather than holding on to him to make a trade unless the cap is the full 69 million and they backload Carroll and Joseph, correct?

[Rapsobsessed7]

So as it stands, they likely have to waive Ridnour to create the space rather than holding on to him to make a trade unless the cap is the full 69 million and they backload Carroll and Joseph, correct?

I see Ridnour as trade fodder. I believe (might be wrong on this) but because he was acquired via a TE and not in a player-player transaction he can be included with other players.

They won't have space by waiving Ridnour. They are at 69 million without him included in my calculation.

[Zeno]

So as it stands, they likely have to waive Ridnour to create the space rather than holding on to him to make a trade unless the cap is the full 69 million and they backload Carroll and Joseph, correct?

I see Ridnour as trade fodder. I believe (might be wrong on this) but because he was acquired via a TE and not in a player-player transaction he can be included with other players.

They won't have space by waiving Ridnour. They are at 69 million without him included in my calculation.

That's my point. If they are at 69 with Ridnour, they need to waive him to create the space to sign the players they have committed to (Carroll and Joseph).

...Wait a minute. you have Biyombo as part of the 69 million but he's a space exception signing so they actually will have 2.5 million or so in space depending on the cap number and how the contract are backloaded. So they can keep Ridnour on team as trade fodder as you say. got it I think.