bwgood77 wrote:Blonde wrote:bwgood77 wrote:I agree they have to. And his cap hold is likely less than he will get paid, so ultimately, for our cap space this year, it doesn't matter how much he is paid. It may just matter later if/when we are more competitive but can't add another FA because we are stuck with his contract and it turns out to be a big overpay based on production.
We'd also have a good $20 more million in cap space this year if Booker would have waited to extend like Brooklyn is doing with Russell, though Russell has a much bigger cap hold than Booker would have....which is why we would have had so much cap space.
I know it somewhat sounds like crying over spilled milk but it just seems like we always operate without a long term plan. We easily have almost two max spots this summer with a couple of differences.
Of course that doesn't mean we could have signed anyone but it would have been nice to know we had the space to do so and could try.
Booker waiting to sign wouldn’t have opened up that much. He makes 27 next year and his cap hold would have been in the low teens so around 15 million in extra space probably. From a pure financial standpoint everyone knew we were limiting ourselves with the extension but I’d still go back and do that every time without regret. Booker is the long term plan. Everything else is secondary. We as fans have overrated the value of cap space for a team in our position quite a bit over the last few years. If a max player wants to sign here we will make the space for it one way or another.
I thought his cap hold was like $8 million, but I guess it would have been a little higher than Oubre's, so not as much as I was thinking. I don't think there is any way at all he turns down the max deal from us this offseason either so for me I would have waited. If we are not good when he is up for extension next time or a year or two prior, he would probably ask for a trade anyway if he cares about winning.
I agree cap space could be overrated but when you could easily have it vs not have it with more options, I'd take it.
You talk about having no long term plan then balk at extending the only long term player we had on the roster. At what expense? If we have an extra 15m this year we probably extend Kelly right away and its all gone. Things like extending franchise players matter and have value beyond the salary cap implications.
Having cap space for the sake of it is pointless. The last few years we’ve had cap space and been unable to attract premier players and ended up making bad financial decisions. Having options isn’t necessarily good when you have organizational incompetence and are not a destination market.
