Exceptions can be used to pay buyout in excess of $550K. If you want more details, you can read the item on that in Larry Coon's FAQ: http://www.cbafaq.com/salarycap.htm#Q74
This is more on an incidental question, but do you know if a team can use exceptions to pay more than the 550k buyout, or do they need cap room? If a team needs a million-dollar buyout, but the NBA team is over the cap, can they use part of the MLE to pay the rest of the buyout and then the remaining portion on the player's contract?
Exceptions can be used to pay buyout in excess of $550K. If you want more details, you can read the item on that in Larry Coon's FAQ: http://www.cbafaq.com/salarycap.htm#Q74
So what's the Spurs financial situation now that Pop has kicked Jax to the curb.
It's basically the same. Jackson contract was fully guaranteed so waiving him don't save money.
Spurs have a roster spot and there are no issues with signing another player regarding the luxury tax. Spurs are $556K below the tax. If they sign tomorrow (Monday) a player to a min contract, it will count for $15K against the tax. As you can see, there are a lot of margin.
Thanks.
I heard the NBA had revenue higher than they anticipated and the cap next year could jump a substantial amount, and i'm talking over 65 million. if so, it would make the Spurs legitimate players in free agency, particularly if they can handle the Manu situation quickly. i'll search for a link to confirm this, as i heard it on the radio
Manu still look hungry for championship. I do believe he could take less money, in case of adding another important players and have another shot(s) on championship.
A little analysis on how the level of this year BRI will impact the salary cap.
While making the CBA, the NBA makes BRI forecasts that put the 2012-2013 BRI at $4,308M. If this forecast is accurate, the salary cap will be at $60.2M.
To adjust that number, if the BRI increase/decrease by $100M, the cap will increase/decrease by $1.5M.
In addition to that, there is another rule that can change the cap:
http://www.cbafaq.com/salarycap.htm#Q13
Players will receive a check this year if the 2012-2013 BRI is above $4,575M.If the league didn't pay the players enough the previous season, i.e., if they had to cut the players a supplemental check to make their guarantee, then the shortfall, divided by the number of teams in the league, is added to the cap. For example, if the players are paid $15 million less in 2012-13 than they are guaranteed, then the 2013-14 cap is adjusted upward by $500,000.
This other rule with increase the cap by $2M per $100M between $4,575M and $4,761M and by $1.7M per $100M above $4,761M.
Some examples of BRI and their resulting salary cap:
$4,208M -> $58.7M
$4,308M -> $60.2M
$4,408M -> $61.7M
$4,508M -> $63.2M
$4,575M -> $64.2M
$4,675M -> $67.7M
$4,775M -> $70.1M
As you can see, once the $4,575M level is reached for the BRI, the cap will increase quickly. I don't know if the BRI reaching that level is realistic but if it does, it will boost the salary cap.
Thanks Bruno. What is your opinion on how the salary cap level will affect the Spurs in free agency?
A relatively low salary cap ($58M-$60M) could push Spurs not to try to go under it and improve their team through trades and the MLE especially if they want to keep both Splitter and Ginobili. In that scenario, Bonner partially guaranteed would be a nice trade asset. A low cap also means a low luxury tax threshold and teams should seek to reduce their payroll which makes Bonner's contract even more attractive.
A high cap ($62M or more) would push Spurs to go after top free agents with cap space. However, a negative effect would be that the highest the cap the more money Splitter will receive. Spurs might not be willing to keep him especially if he doesn't get better in these playoffs.
Regardless, it would be nice for Spurs to have a relatively good idea of the cap level around mid June because some of these moves (like a Bonner trade) could/should be done during the draft.
Tickets revenue have been great this year which should help the cap:
http://www.sportsbusinessdaily.com/J...A-revenue.aspx
TV ratings have declined but, AFAIK, it won't impact the cap.NBA franchises posted record revenue at the turnstiles this year, as teams reported more per-game gate revenue for the 2012-13 season than in any prior campaign, according to league officials.
The NBA declined to disclose the specific amounts, but it did report closing out its regular season this year with a 6 percent increase in average per-game gate revenue, surpassing the record that came from the NBA’s lockout-condensed season last year.
Thanks
When does the league normally release its financial information and set the salary cap?
Will benefit the Spurs, but don't be surprised if this causes inflation across the board and the Phoenixes and Portlands of the world bid up players well beyond their worth. But if we do have to overpay a bit to add a final piece, might need to bite the bullet and do it given the tight window.
At the end of the July moratorium (July 9th/10th this year).
So it coincides with being able to sign FAs. Makes sense.
If the cap is that low, it pretty much makes Spurs going after a significant free agent and keep both Tiago and Manu impossible.
Exceptions and trades it is. I don't think any team has the money to sign two max players without making deals now.
Oh well. It seems like we'd kind of decided free agency wasn't going to be great for the Spurs anyway.
You guys are overreacting to this news.
If they cut Bonner or trade him to a team with cap space for no salary in return, pay Splitter and Ginobili something like $15M combined, have Casspi take Neal's spot for the minimum and their 1st is on the roster and not a draft and stash, they could still have $9+M to play with and if the 1st is a draft and stash, then that number would be $10+M.
Under your scenario, the Spurs would have less than $4 Million, so with the MLE, they'd be over the cap. I don't know where your $10 Million number came from.
I'm definitely not an expert at the cap thing, but I think your numbers are off. If the Spurs amnesty Bonner, then I think their salaries are still around $38 million next year. That would be around $20 million under the cap. Splitter's cap hold is $7.5 million. If they resigned Ginobili for $7.5 million, there's your $15 million, but that only leaves $5 million left by my count. And that's before paying any picks, etc. The Spurs would probably end up using their exceptions, not cap room (I think).
I actually like this. The Spurs still have Bonner's deal, and that's even more valuable now. The cap would've had to increase by a lot to give the Spurs room to sign a significant player, anyway, so it hurt other teams a lot more. Teams like Atlanta need to find takers for Lou Williams' deal now, or they at least can't keep both their firsts. Also, the tax is going to stay about the same, so teams over it are going to be in an even stronger salary-cutting mode than they thought. This should drive down the free-agent market, actually increasing the number of S&Ts and more pertinently, the number of players who sign for the MLE. Players like Millsap who thought they were going to get a big payday will end up going for cheap short-term deals like Carl Landry did last off-season.
Don't forget roster charges.
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