Salary Cap situation entering Free Agency
- TeamRicky [enjin:6648771]
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Salary Cap situation entering Free Agency
I looked at our cap position using the figures from Spotrac and it looks like we have allocated approximately $71.8M of the $99M salary cap if we renounced all our free agents. That leaves $27.2M in free agency. I think we could also use a MLE of $8.4M on a player and also a Bi-annual exception of $3.29M.
The above figures are used on 9 players: Rubio, Jones, Wiggins, Butler, Bjelica, Patton, Dieng, KAT and Aldrich and the salary hit from K-Mart's contract.
The above figures are used on 9 players: Rubio, Jones, Wiggins, Butler, Bjelica, Patton, Dieng, KAT and Aldrich and the salary hit from K-Mart's contract.
- khans2k5 [enjin:6608728]
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Re: Salary Cap situation entering Free Agency
You either get cap space or the full exceptions you don't get both.
- TeamRicky [enjin:6648771]
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Re: Salary Cap situation entering Free Agency
I believe we can go over cap to resign Bazz, but not sure if we can go over to resign Rush or Casspi.
- TeamRicky [enjin:6648771]
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Re: Salary Cap situation entering Free Agency
khans2k5 wrote:You either get cap space or the full exceptions you don't get both.
I thought once you have used up the cap space, the exceptions kick in. Is this correct or not?
So assuming we start signing players and reach $99 M or more this off-season, then can we use a MLE on someone to go over cap?
Re: Salary Cap situation entering Free Agency
Ricky you must have missed something this is what I get from the number form Sportrac. I wish your numbers were right! On the brightside I now have a spreadsheet started for this purpose. =)
player salary
Butler 19,300,894
Rubio 14,275,000
Dieng 14,112,360
Wiggins 7,574,323
Aldrich 7,300,000
Towns $6,216,840
Belly $3,949,999
Tyus $1,471,382
Patton $2,247,480
Martin (stretch) $1,360,305
Total Salaries 77,808,583
player salary
Butler 19,300,894
Rubio 14,275,000
Dieng 14,112,360
Wiggins 7,574,323
Aldrich 7,300,000
Towns $6,216,840
Belly $3,949,999
Tyus $1,471,382
Patton $2,247,480
Martin (stretch) $1,360,305
Total Salaries 77,808,583
Re: Salary Cap situation entering Free Agency
TeamRicky wrote:khans2k5 wrote:You either get cap space or the full exceptions you don't get both.
I thought once you have used up the cap space, the exceptions kick in. Is this correct or not?
So assuming we start signing players and reach $99 M or more this off-season, then can we use a MLE on someone to go over cap?
The exemptions get really complicated but I think if you start FA under the cap and you go over you still get exceptions but they are a lower number or something. I don't feel like looking it up though. I was reading one interesting thing about the exceptions is that even with the lower cap they were set at a fixed number this year so now they are going to go up from here. From what I understand that will make them more $ than expected relative the the cap in percentage and obviously overall money available to utilize to sign guys with them.
Re: Salary Cap situation entering Free Agency
Monster is right. I calculated about $22 million in cap space if we renounce our rights to Bass. If we spend up to the cap, we don't get the full MLE. We get what's called the "room" exception, which is something like $3 million. Signing Casspi or Rush won't require Bird rights or the room exception because their market value won't likely exceed the bet minmum.
- TeamRicky [enjin:6648771]
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Re: Salary Cap situation entering Free Agency
My bad penmanship. I calculated by hand and the 7,300 became 1,300, so your figure is right. I think what happened is my 7 looked sort of like a 1 or 7 and I glanced at Martin's stretch number and made it a 1.
- TeamRicky [enjin:6648771]
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Re: Salary Cap situation entering Free Agency
OK, we really don't have a lot of money to spend. I think we might be able to go over $10 Million on one free agent and then divide up the rest on cheap veterans and rookies.
- TeamRicky [enjin:6648771]
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Re: Salary Cap situation entering Free Agency
The good news I think is that there is a lot less money to go around this offseason and so I expect that there will be lots of bargains once the hot targets are grabbed.