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Spurs exceeds the tax threshold
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Re: Spurs exceeds the tax threshold
Didn't read....They wanted me to sign-up to read the article....
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Re: Spurs exceeds the tax threshold
Won't allow us to read. What does it say?
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Re: Spurs exceeds the tax threshold
It works on my end, but it basically 16 players under contract and 17 million over 70 million cap, also 2.33 million over luxury threshold. 87 million salary for the coming season
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Re: Spurs exceeds the tax threshold
Here is the breakdown
SAN ANTONIO SPURS TEAM SALARIES. 2015-16 SEASON
PLAYER 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
LaMarcus Aldridge $19,689,000 $20,575,005 $21,461,010 $22,347,015
Kawhi Leonard $16,407,500 $17,638,063 $18,868,626 $20,099,189 $21,329,752
Tony Parker $13,437,500 $14,445,313 $15,453,126
Danny Green $10,000,000 $10,000,000 $10,000,000 $10,000,000
Boris Diaw $7,500,000 $7,000,000 $7,500,000
Tim Duncan $5,250,000 $5,643,750
Patrick Mills $3,578,947 $3,578,947
Manu Ginóbili $2,814,000 $2,940,630
David West $1,499,187 $1,551,659
Matt Bonner $1,499,187
Boban Marjanovic $1,200,000
Reggie Williams $1,185,784
Kyle Anderson $1,142,880 $1,192,080 $2,151,704 $3,227,557
Jimmer Fredette $1,015,421
Ray McCallum $947,276
Jonathon Simmons $525,093 $874,636
TOTALS $87,691,775 $85,440,083 $75,434,466 $55,673,761 $21,329,752
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Re: Spurs exceeds the tax threshold
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
Mel_13
Thank you!
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
Mel_13
Thank you
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Re: Spurs exceeds the tax threshold
Right, but it doesn't take effect until later in the season IIRC. That means the Spurs have an opportunity to shed salary through trade or cutting. The Spurs probably aren't averse to paying the tax, but my guess is they won't have to pay as much as they're currently projected.
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Re: Spurs exceeds the tax threshold
All in modafckas - Peter Holt
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Re: Spurs exceeds the tax threshold
Just whack Williams and Fredette, and you're almost under. If Bonner is a partial, whack him at the deadline and audition a few 10 day wonders. It's catastrophic to pay the tax three years out of four, so dodge it this year if you can.
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Re: Spurs exceeds the tax threshold
Kind of depends on how many other teams are over the tax threshold. If the share of tax money isn't all that great to begin with, no big deal going over a little.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
ChumpDumper
Kind of depends on how many other teams are over the tax threshold. If the share of tax money isn't all that great to begin with, no big deal going over a little.
Not for this year, but even $1 over sets you as a payer, and then you have to avoid in the future,paying two years out of three, possibly quite painfully. If you're close, get under if possible.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
exstatic
Not for this year, but even $1 over sets you as a payer, and then you have to avoid in the future,paying two years out of three, possibly quite painfully. If you're close, get under if possible.
Are they still going by actual revenues at the end of the year?
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Re: Spurs exceeds the tax threshold
It's pretty clear that the Spurs have decided the pay some luxury tax this season, and well they should.
With the salary cap projected to go up to 90M next season, and then 108M and 120M the two seasons after that, there's absolutely no danger of the Spurs paying the repeater tax.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
exstatic
Not for this year, but even $1 over sets you as a payer, and then you have to avoid in the future,paying two years out of three, possibly quite painfully. If you're close, get under if possible.
If I remember, the way they structured it, if you're $1 over you pay $1.50 in tax. If you're a repeat offender and you're $1 over, you pay $2.50 in tax. The tax percentage, and the repeat offender percentages escalate, the farther you go over the tax threshold.
So being a repeat offender isn't so bad, if you don't go too far over - since that's what it's based on. You don't get a distribution, of course, but you don't get murdered unless you go way over the threshold in the second (or successive) year. With the cap going up, I doubt the Spurs will be farther over the threshold next year than they are this year.
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Re: Spurs exceeds the tax threshold
I wish they go over the tax every other year. Would show the owner's commitment but that is not my money so I have no say :D
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
Mel_13
It's pretty clear that the Spurs have decided the pay some luxury tax this season, and well they should.
With the salary cap projected to go up to 90M next season, and then 108M and 120M the two seasons after that, there's absolutely no danger of the Spurs paying the repeater tax.
right. If players are taking pay cuts, Spurs should pay luxury tax to have deeper bench.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
Mel_13
It's pretty clear that the Spurs have decided the pay some luxury tax this season, and well they should. With the salary cap projected to go up to 90M next season, and then 108M and 120M the two seasons after that, there's absolutely no danger of the Spurs paying the repeater tax.
Bingo. No way the Spurs are repeat taxpayers with the lux tax threshold rising by bundles.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
adonis827
I wish they go over the tax every other year. Would show the owner's commitment but that is not my money so I have no say :D
No.
Commitment is in getting the right guys, owner allowing the GM and coach to run the team, players committing and not in paying more money. Spurs have been the most successful team in the past 10 years, so it's hard to say they should spend more money. Other teams do and cannot even sniff the Spurs success.
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Re: Spurs exceeds the tax threshold
The article says that Jimmer's contract is guaranteed
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
Mel_13
It's pretty clear that the Spurs have decided the pay some luxury tax this season, and well they should.
With the salary cap projected to go up to 90M next season, and then 108M and 120M the two seasons after that, there's absolutely no danger of the Spurs paying the repeater tax.
This.
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Re: Spurs exceeds the tax threshold
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Originally Posted by
DocDoc
The article says that Jimmer's contract is guaranteed
I thought Jimmer's contract was only partially guaranteed with only $50k of it guaranteed.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
TXstbobcat
I thought Jimmer's contract was only partially guaranteed with only $50k of it guaranteed.
Me too, but the article said:
"Thirteen of the club’s 16 contracts are fully guaranteed. The $947,276 veteran minimum contract forward Matt Bonner signed to return for a 10th Spurs season is guaranteed for just under $750,000. Guard Jimmer Fredette, also signed to a veteran minimum deal, is guaranteed only $507,000. Guard/forward Reggie Williams remains on the Spurs’ payroll at a nonguaranteed $1.185 million"
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
DocDoc
Me too, but the article said:
"Thirteen of the club’s 16 contracts are fully guaranteed. The $947,276 veteran minimum contract forward Matt Bonner signed to return for a 10th Spurs season is guaranteed for just under $750,000. Guard Jimmer Fredette, also signed to a veteran minimum deal, is guaranteed only $507,000. Guard/forward Reggie Williams remains on the Spurs’ payroll at a nonguaranteed $1.185 million"
Jimmer's number is a partial guarantee. The vet min for him is $1.1M, so he has a partial guarantee of just under 50 percent.
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Re: Spurs exceeds the tax threshold
Fuck Tony Porker and his bloated contract
Overrated fat piece of shit
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Re: Spurs exceeds the tax threshold
My question is will the Spurs use future cap space or will Holt take a backseat and stay way under the tax line ...
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Re: Spurs exceeds the tax threshold
Using all available capspace and staying under the tax line are not mutually exclusive . That is the way the Spurs have operated forever.
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Re: Spurs exceeds the tax threshold
The other option is to tank 3-4 seasons, get some high picks, wait for the rookies to reach their prime, sign the right role players and get a top coach.
On the other hand, the Spurs had the chance to rebuild this season, giving Kawhi and LaMacurs max deals. Re-sign Duncan and Manu, bring all the key pieces back. The Spurs could win another championship in the next two seasons, and are set for the future.
This isn't like when the Spurs signed RJ, Aldridge is a top 10 NBA player.
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Re: Spurs exceeds the tax threshold
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Originally Posted by
Fireball
My question is will the Spurs use future cap space or will Holt take a backseat and stay way under the tax line ...
If the past is any indication, there is no danger of that.
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Re: Spurs exceeds the tax threshold
What about Boban's medical condition? Is there a way to leave him off the team, keep his contract in play, and get an exemption on the salary? I think Williams is gone.
Wouldn't be surprised to see a cut develop between Jimmer vs. Bonner depending on which position (PF vs SG) needs the backup 3pt shooter worse.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
GSH
If I remember, the way they structured it, if you're $1 over you pay $1.50 in tax. If you're a repeat offender and you're $1 over, you pay $2.50 in tax. The tax percentage, and the repeat offender percentages escalate, the farther you go over the tax threshold.
So being a repeat offender isn't so bad, if you don't go too far over - since that's what it's based on. You don't get a distribution, of course, but you don't get murdered unless you go way over the threshold in the second (or successive) year. With the cap going up, I doubt the Spurs will be farther over the threshold next year than they are this year.
Dan Gilbert going from burning Lebron jerseys to burning coal to keep his house warm in winter.
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Re: Spurs exceeds the tax threshold
Gilbert is a multi-billionaire. If he's decided to throw gobs of money at his hobby, he'll still have plenty left after 2-3 titles. Which is what he's aiming at.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
dweaver99027
Gilbert is a multi-billionaire. If he's decided to throw gobs of money at his hobby, he'll still have plenty left after 2-3 titles. Which is what he's aiming at.
The Cavs are likely profitable I would guess. LBJ makes them the equivalent of a big market team for as long as he's in Cleveland.
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Re: Spurs exceeds the tax threshold
Quote:
Originally Posted by
lefty
Fuck Tony Porker and his bloated contract
Overrated fat piece of shit
post of the day and nominee for post of the year tbh