kriss73 wrote:Interesting note by Hollinger on Sixers' cap situation:
"Oubre doesn’t necessarily need to go into the room exception … and further, that Andre Drummond’s new contract happens to be the for the exact amount of the taxpayer midlevel exception. In other words, Drummond and Oubre could swap places in the cap sheet."
"it would let the Sixers spend up to the second tax apron rather than the first."
"Philadelphia could waive Reed, keep Martin on the books, use cap space for Oubre’s deal, and spend $5.1 million in cap room on another player or players. Then, when they’re done using room, they could sign Martin to a one-year deal worth up to $19.7 million (any more would push them past the second apron) with a second-year team option, essentially using his contract as an in-season trade chip similar to how Indiana did Bruce Brown’s deal last summer.
The Sixers would be hard-capped at the second apron rather than the first apron in this scenario and could trade Martin for any player making less than that $19.7 million amount."
In other words:
1. cut (or trade for a pick) Reed
2. sign Oubre with cap room
3. sign onether player with 4.8M salary (Taxpayer MLE)
4. Sign Martin up to 19M and use him as trade chip in season
If they sign KJ Martin to that $19.7m deal they're over the cap and KJ Martin becomes a BYC player for the 2024-2025 season which means when he's traded he counts as half his actual salary. So his out-going salary would be considered $9.85m. If the Sixers are only allowed to acquire equal or less salary in trade then I think it would need to be at $9.85m or below. Which would mean the Sixers could only trade with teams that had cap space because they'd be trading the Sixers a $9.85M player while absorbing KJ Martin's $19.7m even though it is considered a matching salary in the trade itself.
