Monroe: Spurs to see taxing calls

[picnroll]

Looking at year after this rough calculation to me is that the increases to Duncan, Nesterovic, Ginobili, Bowen, Barry, Parker and Udrih are going to add about $5 million to the total salary. That's not adding in retaining Mohammed at whatever he might cost above the $5.5 he's getting now. Seems unless the luxury ceiling goes up substanitally or they can dump Rasho for an ending contract or don't sign Nazr they'll be in luxury tax territory in '06 - '07 for sure.

[spvrs]

BTW, Bank of America (a team owner) could raise their interest rates 0.0001% and come up with the money the Spurs would be over the tax.

Non-issue.

WTF do you know about anything? you can rest assured that no one is going to change their business just so Spurs can pay the lux. tax.

your posts get more full of by the day. Last I heard you thought Deng for Rasho 'sounded good'.

Hopefully we can get rid of Rasho for a 1 year bad contract or better yet to someone under the salary cap (giving away picks or prospects as sweetener). Otherwise pressure is going up and we may have to get rid of a current player who actually contributes...

[Notorious H.O.P.]

BTW, Bank of America (a team owner) could raise their interest rates 0.0001% and come up with the money the Spurs would be over the tax.

Non-issue.

Yes, Bank of America could do this, SBC could charge an extra cent a minute for calls to Argentina, Slovenia, the Virgin Islands, France and Australia, and USAA could add a $1 Spurs Luxury Tax surcharge to all policies renewed this year. Will they do this? Does this make it a non-issue? The answer to both is no.

Every member of the Spurs ownership group has invested in the team and I'm sure they want to maximize what they can get. Yes they all came aboard to save the team from relocating but that doesn't mean they aren't interested in the business side of the equation. As the Spurs get further into lux tax territory, their bottom line is going to trend further from black to red. No one is complaining now because the Spurs have been prudent in their spending but as profits are reduced or if they happen to get into the red in the future, they aren't going to be happy if it ever reaches the point where they have to conduct a cash call.

[50 cent]

I've said this before and I'll say it again: There is a 0% chance that the Spurs release Rasho via the Amnesty Clause so you can stop discussing it. If they do, I will never post here again - and unlike TPark, I mean it.

[CaptainLate]

Devin Brown could get more than $2 mil from other teams...the question is, does he want to stay in SA enough to take less? If not, we should cut him loose and pick up someone who does.

Yeah...if they believe his health is okay; and that's a big IF.

[CaptainLate]

Where are getting this? I know Spurs fans think Holt is cheap and won't go over the luxury tax. However, this situation is without precedent...The fact is, the Spurs have never been in this situation before and so what has happened in the past means nothing right now as we have many key pieces in place like never before.

We need another Duncan type on the team -- in case Duncan goes down. Therefore, we need Holt and the rest to sell the team to someone (or some group) with the same management "hands-off" policy but with some $$. That will get us a second Duncan and assure us of becoming a dynasty with the Triplets (Duncan-Manu-TP). And keep Bruce the Noose.

[50 cent]

We need another Duncan type on the team -- in case Duncan goes down. Therefore, we need Holt and the rest to sell the team to someone (or some group) with the same management "hands-off" policy but with some $$. That will get us a second Duncan and assure us of becoming a dynasty with the Triplets (Duncan-Manu-TP). And keep Bruce the Noose.

Oh yeah, since there are so many "Duncan-types" floating around the league. If only it were that easy. Maybe we should just clone Tim and keep the clone locked up in case Tim #1 ever goes down with an injury.

[Marcus Bryant]

So Holt Cat et al are being cheap. Great.

[Aggie Hoopsfan]

As the Spurs get further into lux tax territory, their bottom line is going to trend further from black to red. No one is complaining now because the Spurs have been prudent in their spending but as profits are reduced or if they happen to get into the red in the future, they aren't going to be happy if it ever reaches the point where they have to conduct a cash call.

Black to red? Since they moved to the SBC Center the Spurs ownership group has been netting about 20 mil a year. , with the profit they made from the first two years in SBC they could cover going 4 million over the lux tax for every year for the rest of the Duncan era and still come out ahead.

[Marcus Bryant]

Spurs fans should be happy. Holt Cat et al are going to save money by making bad basketball decisions.