Author Topic: A reminder about our cap situation as related to trades...  (Read 5890 times)

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A reminder about our cap situation as related to trades...
« on: October 18, 2012, 10:32:35 AM »

Offline Roy H.

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.


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Re: A reminder about our cap situation as related to trades...
« Reply #1 on: October 18, 2012, 11:48:37 AM »

Offline mmmmm

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.

Excellent point, Roy.

I have been pointing out this issue - but I mistakenly thought we still had about 4M of room.  I see now it was even tighter.  Basically what this boils down to is that, in order to bring in Smith's 15M salary (after trade kicker) we have to send out >=14M salary.

That's a lot.
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Re: A reminder about our cap situation as related to trades...
« Reply #2 on: October 18, 2012, 11:58:03 AM »

Offline CelticG1

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.

Excellent point, Roy.

I have been pointing out this issue - but I mistakenly thought we still had about 4M of room.  I see now it was even tighter.  Basically what this boils down to is that, in order to bring in Smith's 15M salary (after trade kicker) we have to send out >=14M salary.

That's a lot.

Yeah it is but Bass+Lee gets close doesn't it? Same with Green and one of the 2?

Id figure any proposed trade would include 2 of those 3 anyway.

Re: A reminder about our cap situation as related to trades...
« Reply #3 on: October 18, 2012, 12:46:39 PM »

Offline mmmmm

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.

Excellent point, Roy.

I have been pointing out this issue - but I mistakenly thought we still had about 4M of room.  I see now it was even tighter.  Basically what this boils down to is that, in order to bring in Smith's 15M salary (after trade kicker) we have to send out >=14M salary.

That's a lot.

Yeah it is but Bass+Lee gets close doesn't it? Same with Green and one of the 2?

Id figure any proposed trade would include 2 of those 3 anyway.
I can't remember the exact reason, but my impression from somewhere is that Green can't be traded this year for some technical reason.  Whether that is because of something in his contract or the CBA, I'm not sure.  I just remember it being pointed out more than once.

Roy - do you know if that's true?

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Re: A reminder about our cap situation as related to trades...
« Reply #4 on: October 18, 2012, 12:53:07 PM »

Offline Roy H.

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.

Excellent point, Roy.

I have been pointing out this issue - but I mistakenly thought we still had about 4M of room.  I see now it was even tighter.  Basically what this boils down to is that, in order to bring in Smith's 15M salary (after trade kicker) we have to send out >=14M salary.

That's a lot.

Yeah it is but Bass+Lee gets close doesn't it? Same with Green and one of the 2?

Id figure any proposed trade would include 2 of those 3 anyway.
I can't remember the exact reason, but my impression from somewhere is that Green can't be traded this year for some technical reason.  Whether that is because of something in his contract or the CBA, I'm not sure.  I just remember it being pointed out more than once.

Roy - do you know if that's true?

I'm not sure...  I'm definitely not an expert on the new CBA.

We couldn't sign-and-trade Green because he wasn't on our roster at the end of last year. 

This season, we can't trade him until January 15, because he was a Bird rights free agent who got a 20% raise and who made more than the minimum last year.

There's no other restriction that I'm aware of, but I could be overlooking something.


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Re: A reminder about our cap situation as related to trades...
« Reply #5 on: October 18, 2012, 06:29:13 PM »

Offline mmmmm

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.

Excellent point, Roy.

I have been pointing out this issue - but I mistakenly thought we still had about 4M of room.  I see now it was even tighter.  Basically what this boils down to is that, in order to bring in Smith's 15M salary (after trade kicker) we have to send out >=14M salary.

That's a lot.

Yeah it is but Bass+Lee gets close doesn't it? Same with Green and one of the 2?

Id figure any proposed trade would include 2 of those 3 anyway.
I can't remember the exact reason, but my impression from somewhere is that Green can't be traded this year for some technical reason.  Whether that is because of something in his contract or the CBA, I'm not sure.  I just remember it being pointed out more than once.

Roy - do you know if that's true?

I'm not sure...  I'm definitely not an expert on the new CBA.

We couldn't sign-and-trade Green because he wasn't on our roster at the end of last year. 

This season, we can't trade him until January 15, because he was a Bird rights free agent who got a 20% raise and who made more than the minimum last year.

There's no other restriction that I'm aware of, but I could be overlooking something.

I've been trying to figure this out.  I came upon this:
Quote
There are two additional circumstances in which a trade requires the player's consent:
...
For one year after exercising the right of first refusal to keep a restricted free agent. The player must consent to a trade to any team, although he cannot be traded to the team that signed him to the offer sheet.

From:  http://www.cbafaq.com/salarycap.htm#Q97

The C's had RFA rights on Green the prior year, right?  And they 'exercised' them.  If he had not missed last year he would have been under 'no-trade' for that year.  So maybe the ruling by Stern was that that one-year no-trade restriction carried over if they signed him to a new deal after the convalescence?

I'm just guessing, but that sort of makes sense.

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Re: A reminder about our cap situation as related to trades...
« Reply #6 on: October 18, 2012, 07:05:36 PM »

Offline SHAQATTACK

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If the season don't work out to DA and Doc s satisfaction , he'll dump a bunch of people to improve the team as he sees fit.

In Danny I Trust  ;D 


Re: A reminder about our cap situation as related to trades...
« Reply #7 on: October 18, 2012, 07:11:52 PM »

Offline Boris Badenov

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I've been trying to figure this out.  I came upon this:
Quote
There are two additional circumstances in which a trade requires the player's consent:
...
For one year after exercising the right of first refusal to keep a restricted free agent. The player must consent to a trade to any team, although he cannot be traded to the team that signed him to the offer sheet.

From:  http://www.cbafaq.com/salarycap.htm#Q97

The C's had RFA rights on Green the prior year, right?  And they 'exercised' them.  If he had not missed last year he would have been under 'no-trade' for that year.  So maybe the ruling by Stern was that that one-year no-trade restriction carried over if they signed him to a new deal after the convalescence?

I'm just guessing, but that sort of makes sense.

I think "exercising first refusal" means matching another team's offer sheet.

That's not what happened with Green.

Re: A reminder about our cap situation as related to trades...
« Reply #8 on: October 18, 2012, 07:56:10 PM »

Offline nickagneta

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I've been trying to figure this out.  I came upon this:
Quote
There are two additional circumstances in which a trade requires the player's consent:
...
For one year after exercising the right of first refusal to keep a restricted free agent. The player must consent to a trade to any team, although he cannot be traded to the team that signed him to the offer sheet.

From:  http://www.cbafaq.com/salarycap.htm#Q97

The C's had RFA rights on Green the prior year, right?  And they 'exercised' them.  If he had not missed last year he would have been under 'no-trade' for that year.  So maybe the ruling by Stern was that that one-year no-trade restriction carried over if they signed him to a new deal after the convalescence?

I'm just guessing, but that sort of makes sense.

I think "exercising first refusal" means matching another team's offer sheet.

That's not what happened with Green.
yeah, no one ever signed Green to an offer sheet that the C's matched. I don't see this applying.

Re: A reminder about our cap situation as related to trades...
« Reply #9 on: October 26, 2012, 03:05:17 AM »

Offline LooseCannon

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We couldn't sign-and-trade Green because he wasn't on our roster at the end of last year. 

This season, we can't trade him until January 15, because he was a Bird rights free agent who got a 20% raise and who made more than the minimum last year.

There's no other restriction that I'm aware of, but I could be overlooking something.

I'm too lazy to look up the link, but I believe CBA FAQ guy Larry Coon said in an online chat that January 15 is the only restriction on trading Green.
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Re: A reminder about our cap situation as related to trades...
« Reply #10 on: October 26, 2012, 03:49:51 AM »

Offline heitingas

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With the Barbosa signing, and presuming that Kris Joseph makes the team, our projected cap is in the neighborhood of $73.32 million.  Link.  There's some wiggle room in that number -- for instance, we don't know if Dooling agreed to a buyout or not, and these numbers are estimates that don't always take into account certain likely incentives, etc. -- but the number is close.

Why does $73.3 million matter?  Because that's only $1 million less than the $74.3 million HARD CAP we're under.

Therefore, when people are putting together trades for Josh Smith or whatever other semi-star is on the market, remember that it's about more than a trade working on the trade machine.  Even if a trade technically works under normal salary cap rules, we still can't cross the $74.3 million salary threshold, no matter what.

That means that in any trade, we can take back no more than about $1 million than we send out.  That doesn't give us a ton of flexibility to play with.

Does kris joseph count 473k or 854k against the cap? according to that site we're 72.9 million, minus (dooling) thats 72.1 roughly.
So to get josh smith it's bass,lee,melo,(vet min player) is enough to get back josh smith.


(edit) if they cut joseph he is fully non guaranteed. thats 71.6, if they are serious in getting a big name star, joseph is a dime a dozen player in this league.
« Last Edit: October 26, 2012, 03:58:34 AM by heitingas »

Re: A reminder about our cap situation as related to trades...
« Reply #11 on: October 26, 2012, 11:33:10 PM »

Offline mmmmm

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Bird rights.  That's got to be the clue with Green's contract.

On the face of things, we simply did not have Bird rights on Green.  He was an RFA that we signed to a one year - yet waived him before he could play a day of it.  He should have been an unrestricted FA (in which case, sure, the Jan 15 deadline would apply).

Yet we signed him to a 9M contract that put us way over the cap.

We can't do that with an unrestricted free agent.   The only way that could happen is if the league made some sort of exception.   It would make perfect sense for them to have granted that exception so long as it includes a restriction such as holding Green until the Bird rights have vested.
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Re: A reminder about our cap situation as related to trades...
« Reply #12 on: October 27, 2012, 01:28:30 AM »

Offline ImShakHeIsShaq

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Bird rights.  That's got to be the clue with Green's contract.

On the face of things, we simply did not have Bird rights on Green.  He was an RFA that we signed to a one year - yet waived him before he could play a day of it.  He should have been an unrestricted FA (in which case, sure, the Jan 15 deadline would apply).

Yet we signed him to a 9M contract that put us way over the cap.

We can't do that with an unrestricted free agent.   The only way that could happen is if the league made some sort of exception.   It would make perfect sense for them to have granted that exception so long as it includes a restriction such as holding Green until the Bird rights have vested.

This is probably the reason it took so long to sign Green officially.
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Re: A reminder about our cap situation as related to trades...
« Reply #13 on: October 27, 2012, 03:26:14 AM »

Offline LooseCannon

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Bird rights.  That's got to be the clue with Green's contract.

On the face of things, we simply did not have Bird rights on Green.  He was an RFA that we signed to a one year - yet waived him before he could play a day of it.  He should have been an unrestricted FA (in which case, sure, the Jan 15 deadline would apply).

Yet we signed him to a 9M contract that put us way over the cap.

We can't do that with an unrestricted free agent.   The only way that could happen is if the league made some sort of exception.   It would make perfect sense for them to have granted that exception so long as it includes a restriction such as holding Green until the Bird rights have vested.

The league would not have made an exception and if the league did it would have been widely reported.  Actually, the league would probably not be able to make an exception even if it wanted to because of the CBA.

The Celtics held Green's Bird rights.  His Bird rights transferred to the Celtics intact when he was traded to Boston.
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Re: A reminder about our cap situation as related to trades...
« Reply #14 on: October 27, 2012, 03:28:24 AM »

Offline LooseCannon

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This is probably the reason it took so long to sign Green officially.

It was reported to be insurance issues.
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