HotelVitale wrote:76ciology wrote:Im not a cap expert and im not as smart as some of you guys. Do we have around $20M of capspace in the offseason prior to re-signing Harden? Can we use it?
There's no scenario in which we have remotely close to that. Quick explanation in case you're interested in seeing why: the cap for 2022-23 will be around $115-120m, and here are the contracts we have now: https://www.basketball-reference.com/contracts/PHI.html
That shows about $153m. Theoretically we could easily take away $10m for Danny Green's option (though we probably won't want to), and can subtract Korkmaz's $5m too if we wanted (someone might take him for a 2nd rounder or whatever). That gets us down to about $138m.
I think you were proposing that we could save another $46m by not signing Harden right away--which would get us down to like $92m and would leave at least $20m in cap space. Unfortunately for that cap space to be use-able we'd have to actually fully renounce Harden and say 'we're officially NOT signing Harden next year and using the cap space for something else.' Until we do that--and we obviously won't--Harden is covered by what people keep calling a 'cap hold,' meaning the cap space isn't used up yet but is being 'held' for that expected signing. In other words, the NBA doesn't allow for the loophole you're talking about, and cap holds are how they prevent it.
Cap holds are specific amounts of money (I can explain how they're calculated if you're interested), and sometimes you can manipulate them to open up more cap space for FA season than if you just re-signed a player right away. We did that with the Tobias re-signing, for example--though that ended up being an awful move in retrospect since we both maxed Tobias AND used the extra $ from manipulating his cap hold on Horford. But in the case of Harden, his salary is so huge that there's no way whatsoever that we could possibly gain any cap space by delaying the signing. We'll be well over the cap whether we re-sign him right away or if we just have his cap hold as FA starts.
How about if we can trade tobi for cap space by the offseason while not re-signing harden immediately? Will we get max space?