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Old July 10 2013, 08:09 AM   #46
HaventGotALife
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Re: 2013 NBA Offseason Thread...

The numbers are in. Buried in this story is the cap and luxury tax threshold for next season.


Lakers hit with whopping luxury tax bill

The Los Angeles Lakers spent lavishly last season, and all it got them was a first-round exit from the playoffs, where they were swept by the San Antonio Spurs.

Now it's truly time for the Lakers to pay.

According to an ESPN.com report Tuesday night, the Lakers were hit with the largest luxury-tax bill in the league, and it wasn't even close. The website reported that the Lakers must pay $29,259,739 in luxury tax, more than the combined total of the next two teams on the list.

Second was the Miami Heat with a $13,346,242 bill, though at least that helped buy the team a second consecutive NBA championship. The third-highest bill went to another first-round playoff loser, the Brooklyn Nets, who reportedly owe $12,883,647.

The only other teams reportedly owing luxury tax are the New York Knicks ($9,962,406), Chicago Bulls ($3,932,336) and Boston Celtics ($1,181,640).

The Lakers' salary-cap situation is projected to improve greatly following the defection of free-agent center Dwight Howard to the Houston Rockets, plus the expected amnesty-related release of Metta World Peace.

The Orange County Register reported that waiving World Peace will result in a savings of about $30 million, more than half of that in luxury-tax payments.

The NBA released its salary-cap figures for the 2013-14 season Tuesday. The cap is set at $58,679,000, with the luxury tax kicking in above $71,784,000. In a change, the luxury-tax rates will rise incrementally depending how far above the salary cap teams go.

The minimum salary level for the upcoming season will be $52,811,000, 90 percent of the regular cap level.
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Old July 10 2013, 02:51 PM   #47
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Re: 2013 NBA Offseason Thread...

Paging Mikhail Prokhorov...
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Old July 10 2013, 09:28 PM   #48
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Re: 2013 NBA Offseason Thread...

HaventGotALife wrote: View Post
The numbers are in. Buried in this story is the cap and luxury tax threshold for next season.

Lakers hit with whopping luxury tax bill

The Los Angeles Lakers spent lavishly last season, and all it got them was a first-round exit from the playoffs, where they were swept by the San Antonio Spurs.

Now it's truly time for the Lakers to pay.
The Lakers have spent "lavishly" the last 5 years or so. Soem would say we've spent lavishly for decodes now. However long it's been, no team has been to the Finals more, or won more championships, so although it has't worked out so well in the last 3 years, I'de say it has paid off handsomely overall.

I've heard the rumors about World Peace both ways, he's staying, he's going. On the one hand, he is now overpaid for the value he brings, but on the other hand, he is the team's only small forward right now (Kobe can play the position in a pinch). I think he gets amnestied and we pick up a used part for the position -- 30 million is a LOT of money.
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Old July 10 2013, 11:08 PM   #49
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Re: 2013 NBA Offseason Thread...

Y'know, if Kobe really wants to play 3-4 more years, then why doesn't he "redshirt" one year to completely rehabilitate himself, and reenter the fray at full strength the next year...? Seems foolhardy for him to go full tilt starting in December to maybe get to an 8 spot and risk re-injury. Not only that, putting that 30 million on ice for a year would help the books, wouldn't it? Or is that how that works?
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Old July 11 2013, 12:07 AM   #50
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Re: 2013 NBA Offseason Thread...

Borgminister wrote: View Post
Y'know, if Kobe really wants to play 3-4 more years, then why doesn't he "redshirt" one year to completely rehabilitate himself, and reenter the fray at full strength the next year...? Seems foolhardy for him to go full tilt starting in December to maybe get to an 8 spot and risk re-injury. Not only that, putting that 30 million on ice for a year would help the books, wouldn't it? Or is that how that works?
When Jordan left to play baseball, he "retired" and his salary came off the books for the years he didn't play in the NBA. At least that was my understanding of it.

It really is not a bad idea except that Kobe will be 35 this August. If he stayed out a year, he'd come back in his 37th year of life. That is up there for a guy with his type of game. Would have worked better if he'd stayed out two or three years ago.

He is going to have to run out the string now, for better or worse.
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Old July 11 2013, 12:38 AM   #51
Alidar Jarok
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Re: 2013 NBA Offseason Thread...

When you retire, your salary doesn't come off the books in the NBA. There are exemptions, but there are people who retired five years ago who are still getting paid.
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Old July 11 2013, 01:13 AM   #52
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Re: 2013 NBA Offseason Thread...

Sounds like voodoo economics to me!

Point taken about Kobe... for better or worse, right.
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Old July 11 2013, 01:52 AM   #53
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Re: 2013 NBA Offseason Thread...

Andrew Bynum has signed a two-year contract with the Cavs, per ESPN. Not sure what I think about this move. I wouldn't have given him more than a year unless the second year is a team option. Does anyone know what kind of shape his knees are in? Until he can prove he's able to stay on the court, I don't see why anyone would make a commitment to him.

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Old July 11 2013, 02:18 AM   #54
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Re: 2013 NBA Offseason Thread...

Loved this video...!
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Old July 11 2013, 04:03 AM   #55
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Re: 2013 NBA Offseason Thread...

Sran wrote: View Post
Andrew Bynum has signed a two-year contract with the Cavs, per ESPN. Not sure what I think about this move. I wouldn't have given him more than a year unless the second year is a team option. Does anyone know what kind of shape his knees are in? Until he can prove he's able to stay on the court, I don't see why anyone would make a commitment to him.

--Sran
The second year is an option year, I think. Even so... I would be really wary of signing him. Even when healthy he's been a bit of a head case. What bothers me the most is how his camp refused to let any team watch him work out. OTOH, he is reuniting with Mike Brown who seemed to coax the best performances out of him
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Old July 11 2013, 04:17 AM   #56
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Re: 2013 NBA Offseason Thread...

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The second year is an option year, I think. Even so... I would be really wary of signing him. Even when healthy he's been a bit of a head case. What bothers me the most is how his camp refused to let any team watch him work out. OTOH, he is reuniting with Mike Brown who seemed to coax the best performances out of him
Interesting you'd say that because I remember Bynum behaving badly during his one season under Brown while in LA. His production was better than it was under Jackson, but I don't know that he was really a better player in '11-12. In any event, this only works if he stays healthy. If he misses more time because of his knees or anything else, it's a waste of money.

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Old July 11 2013, 01:49 PM   #57
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Re: 2013 NBA Offseason Thread...

Sran wrote: View Post
Andrew Bynum has signed a two-year contract with the Cavs, per ESPN. Not sure what I think about this move. I wouldn't have given him more than a year unless the second year is a team option. Does anyone know what kind of shape his knees are in? Until he can prove he's able to stay on the court, I don't see why anyone would make a commitment to him.

--Sran
Well, they can have fun with him. He's a high risk high reward player, but he's also practically a team cancer right now. His work ethic never was great. His knee condition is degenerative and will always be a problem (perhaps not as much as last year, but still). He's not worth more than the team minimum right now, imo, until he proves he can ever play in the league again.

I'm surprised he signed so quickly. I know big men are rare, but he refused to even visit teams to work out, so I thought people would be more cautious.
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Old July 11 2013, 05:18 PM   #58
HaventGotALife
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Re: 2013 NBA Offseason Thread...

Alidar Jarok wrote: View Post
Sran wrote: View Post
Andrew Bynum has signed a two-year contract with the Cavs, per ESPN. Not sure what I think about this move. I wouldn't have given him more than a year unless the second year is a team option. Does anyone know what kind of shape his knees are in? Until he can prove he's able to stay on the court, I don't see why anyone would make a commitment to him.

--Sran
Well, they can have fun with him. He's a high risk high reward player, but he's also practically a team cancer right now. His work ethic never was great. His knee condition is degenerative and will always be a problem (perhaps not as much as last year, but still). He's not worth more than the team minimum right now, imo, until he proves he can ever play in the league again.

I'm surprised he signed so quickly. I know big men are rare, but he refused to even visit teams to work out, so I thought people would be more cautious.
I don't expect him to do much. I look at what happened to Brandon Roy with similar problems and he couldn't play, even though Minnesota ponied up money to keep him. From what's being reported on Yahoo!, only 6 million a season is guaranteed, it is an incentive-laced contract that can pay him as much as 12 million a season. So the Cavs aren't taking much of a risk on him.

As for my hometown Pistons, excuse me while I reminisce over Chauncey Billups re-signing to a 2-year, 5-million-dollar deal.



Now, the Pistons have Mo Cheeks and Billups to mentor both Brandon Knight and Rodney Stuckey. They have a locker room leader in Billups, one with an NBA Championship, one that wants to be an executive when his playing days are over. If they need him in the final 2 minutes of a game, he will be there. Depending on his health, it may be hard to keep him off the floor. Oh, and Rasheed Wallace is officially his coach. I'm glad to see he's home.
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Old July 11 2013, 07:51 PM   #59
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Re: 2013 NBA Offseason Thread...

Alidar Jarok wrote: View Post
When you retire, your salary doesn't come off the books in the NBA. There are exemptions, but there are people who retired five years ago who are still getting paid.
Yes. I was thinking of the salary cap when I wrote "off the books", meaning a retired player's salary doesn't count against the cap.

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The second year is an option year, I think. Even so... I would be really wary of signing him. Even when healthy he's been a bit of a head case. What bothers me the most is how his camp refused to let any team watch him work out. OTOH, he is reuniting with Mike Brown who seemed to coax the best performances out of him
Yes, team option in the second year is what I'v been reading.

Interesting you'd say that because I remember Bynum behaving badly during his one season under Brown while in LA. His production was better than it was under Jackson, but I don't know that he was really a better player in '11-12. In any event, this only works if he stays healthy. If he misses more time because of his knees or anything else, it's a waste of money.
--Sran
People forget that that one year was the strike shortened 66 game season and Andrew missed part of that one too, though not for medical reasons.

HaventGotALife wrote: View Post
Alidar Jarok wrote: View Post
Sran wrote: View Post
Andrew Bynum has signed a two-year contract with the Cavs, per ESPN. Not sure what I think about this move. I wouldn't have given him more than a year unless the second year is a team option. Does anyone know what kind of shape his knees are in? Until he can prove he's able to stay on the court, I don't see why anyone would make a commitment to him.

--Sran
Well, they can have fun with him. He's a high risk high reward player, but he's also practically a team cancer right now. His work ethic never was great. His knee condition is degenerative and will always be a problem (perhaps not as much as last year, but still). He's not worth more than the team minimum right now, imo, until he proves he can ever play in the league again.

I'm surprised he signed so quickly. I know big men are rare, but he refused to even visit teams to work out, so I thought people would be more cautious.
From what's being reported on Yahoo!, only 6 million a season is guaranteed, it is an incentive-laced contract that can pay him as much as 12 million a season. So the Cavs aren't taking much of a risk on him.
This is pretty much my take on it too. I think the Cavs have vey little to lose and much to gain. Imagine if Bynum suddenly becomes the player he was 2 seasons ago? The Cavs would just as suddenly become a serious conference finalist candidate. If he doesn't pan out, whether from injury or whatever, they waive him and are out just $6 million. Some big IF's, there.

But if he stays healthy, Andrew can play. As for his being a head case, he is just not that bad. He is young and little rebellious, something we all were in our early 20's, but nothing really terrible like fist fights with coaches or drugs. Andrew is whip smart. It will be interesting seeing how going from being one of the most sought after players, one headed for a max salary slot, to guy with a journeyman's contract will affect him. I think it will make him realize just how fragile it all is and he'll be a better player for it. If not, then maybe he isn't as smart as I think he is.
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Old July 11 2013, 10:18 PM   #60
Sran
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Re: 2013 NBA Offseason Thread...

Alidar Jarok wrote: View Post
I'm surprised he signed so quickly. I know big men are rare, but he refused to even visit teams to work out, so I thought people would be more cautious.
It looks like Cleveland is being cautious with how they've structured the contract. Only a quarter of the money is guaranteed. The rest comes into play only if Bynum meets a number of incentives in the contract, something I wouldn't bet much money on. He refused to work out for any of the teams he met with, and there's been no published news about what he's doing to get himself back into basketball shape.

That doesn't suggest he's having difficulty, but it's not encouraging either. Were I in Cleveland's shoes, I'd want him to perform a full workout in front of coaches, trainers, and physicians before feeling better about the situation.

--Sran
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