Interesting I would be curious to read that. It seems to me it's about the full salalry of the team.60WinTim wrote: ↑Tue Jan 21, 2025 3:37 pmI don't know, Lip. My numbers seem to align perfectly with your numbers...Lipoli390 wrote: ↑Tue Jan 21, 2025 3:20 pmI don’t think your numbers are correct, Tim. Here’s the situation:60WinTim wrote: ↑Tue Jan 21, 2025 10:27 am There seems to be some misunderstanding of our Apron status going forward...
As we all know, the Wolves are a 2nd Apron team this season, along with all it's restrictions. But as soon as the 2025-26 financial year kicks in (July 1st?), the Wolves will no longer be a 2nd Apron team. Heck, they will even be under the 1st Apron by roughly 3 mil! This assumes both Randle and NAZ opt in on their player option. If NAZ opts out, the Wolves will be 18 mil under the 1st apron, and 30 mil under the 2nd apron!
This means the Wolves could re-sign NAZ at 25 mil and still be 5 mil under the 2nd apron.
Projected salary thresholds for next season are (1) $154.6M salary cap; (2) 187.9M luxury tax; (3) $195.9 1st apron; and (4) $207.8M 2nd apron. These are maximums increases under the CBA (10% higher than this season) and could be less.
Assuming Julius ops in and we pick up Garza’s $2.6 million option, our total payroll will be right around $175 million for a roster of 12 players without Naz. Assuming we sign Naz for around $30 million, that would put our payroll at $205 million, which would put us only $2.8 million below the 2nd apron without NAW and with two roster spots to fill to get to 14. I believe that each vet minimum contract will count $2.08 million against the salary cap. That means would not be able to get our roster to 14 and get under the 2nd apron even if we simply signed players to vet minimum deals.
Hopefully we’ll be able to sign Naz for closer to $25 million, in which case (with Randle) we’d end up with a total payroll of around $200 million for 12 players without NAW. We’d stay barely under the 2nd apron (assuming the threshold increases by the maximum 10% allowed) but we’d still be over the 1st apron even before adding two more players to fill out the roster. And again, all this assumes optimistically that the cap increases by the max 10% and Naz can be retained for no more than around $25 million.
I don't see NAZ commanding 30 mil on next year's FA market. I am not sure he'll even get Jaden-type money, which is 25 mil. I suspect he will re-sign for something closer to the 20 mil range.
And on the 10% increase... I believe the new TV deals are signed beginning for the 2025-26 season, and insures the cap will increase by 10% for several years. It would have increased by a lot more this year, but the CBA puts a 10% cap on the increase.
Also, I read that "minimum roster" spots for the purposes of calculating salaries for the aprons in the offseason is set at only 12 spots, not 14.
If it is the full combined salalries it also worth noting that the Wolves could in theory sign a rookie or even 2 rookies to fill out the roster and those guys are cheaper than the 2 million that Lip stated by over 800k each which could end up helping them either get below or close enlugh they could more easily do so with another move.