Watching these off season trades involving waived players & picks is like watching your sister learn how to parallel park.
They are going to monopolize the draft and stash market and get a big fat unathletic serbian that passes well.
Watching these off season trades involving waived players & picks is like watching your sister learn how to parallel park.
wut? re-read Bruno's post and link. Holt is chewing through every $ of the 7m he's allowed to eat
ok, so if the annual cap is ~7 million, how much money did holt lose by trading for and waiving Reggie Bullock, Cam Payne, and Marcus Morris?
lose? you mean gain
no, i meant lose
if you think Holt made money off of trading for and waiving players last summer, then i have a job for you in this banana stand
bend over (and hold your ankles), I'll give you a banana stand
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awesome. so they received 7 mil in total for those transactions. now how much did they pay Reggie Bullock and Cam Payne?
An amount that would allow them to reach the salary floor.
Cam Payne was paid 6.5mm alone
last year's floor was 122 mil and the spurs ended up at a 140mil cap figure
Anyone arguing the amount of dead cap PATFO has been running since the DDR/LMA era doesn’t understand quick maffs.
Then they accomplished the task of meeting the floor, thereby triggering the luxtax payer pot distribution check.
they could have spent 122 mil and triggered the distribution check. they went up to 140. ive been plenty critical of some of the cheapskate tendencies of ownership and FO but acting like spending millions in these trades to acquire SRPs is a way for holt to "make" money is just ludicrous banana stand math
So:
- Spurs got $1M for the #35 for #36 swap.
- The $110K they got from Charlotte is to make the Devonte' Graham trade work cba wise.
- It's unclear how much the $2M cover of McDaniels salary because the payment structure of his contract is unknown. It's also unclear if Kings could have given more cash because they already gave some cash to Bulls in the DDR S&T to cover Duarte salary.
kings signed mcdermott
they moved mcdaniels so that they could sign Doug without going over the apron
holt getting 2 million to cover 4.7mil in salary as a way to make money
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Yep, Spurs aren't making money with that trade. Up to 50% of a player's salary can be paid before the start of the season. This trade will cost Spurs between $370K and $2.74M.
And while you can criticize some of Spurs FO moves since getting Wembanyama, I don't think one of these moves was made because the ownership was cheap. A potential cheapness of the ownership might hurt Spurs in the future with luxury tax issues, but it is quite a non-factor right now.
They just built a best in class practice campus, and are about to drop serious money on a new stadium. No one can accuse them of being cheap.
I think it’s a big part of it and why you see the Spurs do multiple deals with the same team (TOR, MIN, SAC most recently)
Last I heard they were asking the City and County to foot most of the bill. Has that changed?
$240 million is serious money IMO.
Less than 1 year annual revenue.
It's just a guess, but it could primarily be about building relationships for the future. well, they might not hand out those John Wick medallions you can use later to demand a service, but there might be something like "I owe you something". I also don't know about connections between Spurs and Kings (sure, there ist the Mike Brown - Pop friendship), but I can see McNair and Wright, both are the same age and have had a similar career path, see themselfs less as compe ors, but as potential allies, at least in some situations, when you need help from another team to make something work. McNair will be playing an important role in the NBA for the next, say, 25 years. they will inevitable cross paths many times in the future.
Spurs will face the big moment in two years, when convincing Wemby to sign the extension will be the decisive event. it might take some major moves to build a future contender at that moment to keep Wemby in the house. stockpiling future picks as trade assets and some virtual debt coins might be a good strategy for that day.
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