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Yep. This makes little sense. Unless they plan to tank or make a trade.
Today the Lakers announced that they have extended Kobe Bryant for two seasons. Terms were not announced, but Ramona Shelburne reported that he will make $23.5 million and $25 million, respectively.
Two years is the longest extension he could have signed due to the Over-36 rule. This rule takes effect when a contract is for more than three seasons and ends after the player’s 36th birthday, effectively mooting the salary in the later seasons. For extensions they always count the remaining seasons on the current contract — so Kobe now effectively has a three-year contract, which is the maximum allowed per the Over-36 rule. See Question number 56of my FAQ for more information on this rule.
So where does this leave the team with respect to the 2014 free agent market? The players on the team’s books next summer are as follows:
The salary cap next summer is projected to be $62.9 million. The Lakers will also have their own first round draft pick. Based on their current record, this pick would fall around #15, and would therefore count around $1.5 million against their cap.This would give them a total of about $37.66 million for six players. We need to add another six cap holds totaling $3,04 million, which brings the total to about $40,70 million.
Player Salary Note Kobe Bryant $23,500,000 Salary is approximate Elias Harris $816,482 Non-guaranteed Steve Nash $9,701,000 Robert Sacre $915,243 Nick Young $1,227,985 Player option
With this team salary, the Lakers would have about $22.2 million in cap room next summer. This will be enough for one maximum-salary player — for example, Carmelo Anthony is eligible to receive up to $22,458,401. While this is slightly above the Lakers’ maximum, there are other things the team can do to create more cap room if Anthony doesn’t want to take slightly less than the amount for which he ls eligible.
The team can save a small amount if it waives Elias Harris’ non-guaranteed salary. A larger savings will come if they waive Steve Nash and utilize the Stretch provision on him. If this happens, only $3.23 million of Nash’s full $9.7 million salary will remain on their books.
If they remove both Harris and Nash, their team salary will drop to about $34.44 million, which would give them about $28.46 million in cap room. This would give them the opportunity to sign one maximum-salary player, and a second player at around the mid-level amount.They would also be eligible to utilize the Room Mid-Level exception for around $2.7 million.
However, this assumes they let all of their free agents walk, including Pau Gasol, Steve Blake, Jordan Farmar, Xavier Henry, Jordan Hill, Chris Kaman, and Jodie Meeks. If the wish to retain any of these players, they will remain on the team’s cap — in fact, Gasol’s cap hold alone will eat up most of the team’s cap room. To free up the potential cap room, these players will have to either:
a) Re-sign with the Lakers, in which case their new salary will count against the team’s cap, which will reduce their cap room for signing free agents.
b) Sign elsewhere, in which case they will be lost.
c) Be renounced by the Lakers, in which case the team loses the ability to sign them using Bird rights.
Let’s say the Lakers really wanted to keep Gasol.While he’s an unrenounced free agent he would count about $20.25 million against the team’s cap, reducing their cap room to about $8.75 million. If he re-signs and takes a one-third discount (similar to what Kobe took) he’d receive about $13 million, which would drop the team’s cap room to about $16 million. If they renounce him they can reclaim the entire $28+ million, but then he’d have to be willing to sign for whatever cap space remains after the team signs other free agents.
So if the Lakers are going to follow-through with their 2014 plan, keeping Gasol would likely require him to take a steep discount.
http://cbafaq.com/blog/?p=286
Yep. This makes little sense. Unless they plan to tank or make a trade.
Since Kobe's contract is a done deal, Nash retiring in the off season would make or break the Lakers flexibility. That's an extra $9 million off the books.
they'll just waive him with the stretch provision
Pau and Nash are goners plain and simple..this article is saying nothing I haven't already
Go Mitch bring Melo in. It would be too much fun watching Lakers then.
And they begged Dwight to stay to cap them even more
Lakaluva turning on his master
. You made up some stuff, DPG schooled you on how life really works, then you just shift the goalposts. You are really upset about your boy Mamba aren't you Capri? If it wasn't for your Mamba practice video release none of this would have happened. It's on you Capri.
Question:
Where does the number 6 comes from? Im talking about the cap holds?
they need to fill at least 6 more roster spots, each of which has a minimum salary. you cant spend 100% of your cap while you have empty roster spots, so they put a minimum-salary hold on each unused roster spot
Ok, but how many?
They have 5 + Pick + 6 = 12.
This plus FA equals 13 players. Is that the number? Why not 15? Im clearly missing something CBA related (im not an expert).
15 is the roster maximum. you only have cap holds for the roster minimum number
Thanks, I was looking at the CBA faq and was confused about that number. I found the number 13 but also others.
So assuming 13 is not the probable scenario, right? Its probably 15.
12 is min players used for calculating cap holds. 5 contracts + 1 draft + 6 cap holds. If you sign a FA, then you only have 5 cap holds etc etc
The min is 13. But the point of the roster charges is to par ion the cap. So if a team has six players, then the league adds six roster charges, which essentially adds six other salaries, leaving the rest for the 13th player. Hope that makes sense.
A very blatant tank job for Jabari Parker
Amare will make $23.4 million in 2014-15 and Joe Johnson will make $24.9 million in 2015-16. Kobe will top both...
if I've taught you guys nothing else remember one thing:
with the 3 billion dollar Time Warner deal Lakers have all the cash to afford going over the luxury tax–way....way over the tax–if and when they choose to....
I wanna say "yes"...but...
What do you mean when you say "the league adds six roster charges"?
And why not 7, to reach the minimum o 13?
Is it right to say that the cost of this players is not going to be around 500K like the article assumes?
I really have to start reading that CBA more in detail!
No it's a great deal. Kobe can win without any teammates. That's been the argument here from Lakerfans since whenever.
come on now baby...stop exaggerating
Maybe I can help. What he means by "adds 6 roster charges" is only in context of this Laker team and how many people are on their roster as of now in our examples. The roster charge is a way to not cir vent the salary cap by assuming they can't spend that cap space without accounting for at least league minimum roster charges to fill out their roster.
Ok, so the cap space the article uses is wrong, unless 6 players take the minimum, right?
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