Jazz in the top 3 in Nba salaries

slambamJazz · Post #1 » by **slambamJazz** » Fri Jul 17, 2009 10:45 am

With the signing of Price and the matching of Millsap the jazz must be in the top 3 in Nba salaries . I know the are now well above 80 million. I never thought that I would say that about the jazz.

CAE15 · Post #2 » by **CAE15** » Fri Jul 17, 2009 11:37 am

And people say we dont take chances.

Batu7 · Post #3 » by **Batu7** » Fri Jul 17, 2009 11:43 am

9th overall with 73 million according to Hoopshype, and that doesn't include Millsap and Price's new contracts.

slambamJazz · Post #4 » by **slambamJazz** » Fri Jul 17, 2009 11:49 am

Batu7 wrote:9th overall with 73 million according to Hoopshype, and that doesn't include Millsap and Price's new contracts.

With the signing of Price and and Millsap the jazz are well above 80 million.

hoops4life · Post #5 » by **hoops4life** » Fri Jul 17, 2009 1:44 pm

Yep, and they are trying to dump Boozer's contract of almost $12.5mil and possibly even Ak's $17mil.

Paper Face · Post #6 » by **Paper Face** » Fri Jul 17, 2009 3:05 pm

This is unbelievable. The summer is over, and the Jazz are at 80 million.

If there was ever a time to blast Cannibal Corpse and eat cookie dough until I pass out, it's now.

erudite23 · Post #7 » by **erudite23** » Fri Jul 17, 2009 5:01 pm

The summer isn't over, though. A lot time and a lot of moves to be made yet. Right now we should be around 81 or 82. Still, that doesn't put us top 3. We should be around 5th, I believe. And there is really no way we will finish next season with that number where it is. One way or another, we will shave some salary off the books, even if Boozer stays. Not just that, but the top contenders aren't done making moves, either. LA will probably have a payroll of nearly 100m this year.

Johnson · Post #8 » by **Johnson** » Fri Jul 17, 2009 6:26 pm

huge salary and not a championship team

Paper Face · Post #9 » by **Paper Face** » Sat Jul 18, 2009 9:50 am

erudite23 wrote:The summer isn't over, though.

No, it's over. The whole next season is over, too. Why else would this thread be relevant?

CAE15 · Post #10 » by **CAE15** » Sat Jul 18, 2009 10:52 am

Johnson wrote:huge salary and not a championship team

were the yankees. yay!!!

tankster · Post #11 » by **tankster** » Sat Jul 18, 2009 6:16 pm

While we're at it .......and while everyone continues to bagg on boozer for his 12 million, might as well ackowledge that each and every Jazz player starting with Deron Williams, has chased all the money they could get....... and are all a part of the now 83 million dollar problem.

Post #12 » by **DelaneyRudd** » Sat Jul 18, 2009 6:41 pm

Good for them.

seejaydeja · Post #13 » by **seejaydeja** » Sat Jul 18, 2009 7:02 pm

Depressing.

erudite23 · Post #14 » by **erudite23** » Sat Jul 18, 2009 7:21 pm

Paper Face wrote:
erudite23 wrote:The summer isn't over, though.

No, it's over. The whole next season is over, too. Why else would this thread be relevant?

Touche.

slambamJazz · Post #15 » by **slambamJazz** » Sun Jul 19, 2009 12:08 am

Hoops Hype now ranks the jazz #1 in salaries close to 85 million.

schneiderjazz · Post #16 » by **schneiderjazz** » Sun Jul 19, 2009 4:34 am

slambamJazz wrote:Hoops Hype now ranks the jazz #1 in salaries close to 85 million.

They are counting Millsap's salary as 10.3 million this season though, but since the signing bonus is spread throughout the 4 years (from what I've read), his actual salary is about 6.3 million this season when we consider how much the Jazz wil pay in luxury tax. That puts the Jazz at about 80.7 million.

http://www.sltrib.com/jazz/ci_12863395

The article says that the Jazz will receive about 9.4 million dollars from the NBA for salary corrections and luxury tax collected last year. So basically the Jazz have covered almost all the luxury tax they're supposed to pay this year. I have no idea if the Jazz have had profit the last few years, but it seems that they're not in such a tough financial situation as we first thought.

freakazoid · Post #17 » by **freakazoid** » Sun Jul 19, 2009 5:10 am

Batu7 · Post #18 » by **Batu7** » Sun Jul 19, 2009 10:18 am

If the Lakers re-sign Odom, they will be #1 with 93-94 million.

PimpHandStrong · Post #19 » by **PimpHandStrong** » Sun Jul 19, 2009 3:53 pm

schneiderjazz wrote:They are counting Millsap's salary as 10.3 million this season though, but since the signing bonus is spread throughout the 4 years (from what I've read), his actual salary is about 6.3 million this season when we consider how much the Jazz wil pay in luxury tax. That puts the Jazz at about 80.7 million.

You still have to add 1/4 of Sap's signing bonus to that figure (5.6/4 = 1.4), which brings the Jazz's payroll to about 82 mil, more than 12 mil over the LT.

schneiderjazz · Post #20 » by **schneiderjazz** » Sun Jul 19, 2009 9:46 pm

PimpHandStrong wrote:
schneiderjazz wrote:They are counting Millsap's salary as 10.3 million this season though, but since the signing bonus is spread throughout the 4 years (from what I've read), his actual salary is about 6.3 million this season when we consider how much the Jazz wil pay in luxury tax. That puts the Jazz at about 80.7 million.
You still have to add 1/4 of Sap's signing bonus to that figure (5.6/4 = 1.4), which brings the Jazz's payroll to about 82 mil, more than 12 mil over the LT.

It is already added actually. His salary for this season is about 4.8 million + 1.4 from the signing bonus. The Jazz did have to pay the whole signing bonus, so although the payroll is at about 81 million, the Jazz also had to pay 4.2 million (5.6-1.4 already counted as his salary this year) to Sap already. If we count all the costs from salaries, luxury tax, Sap's signing bonus, the Jazz will have to pay about a 96 million dollars total this year.