As It Stands: Spurs Salaries

[SequSpur]

Bonner is going to be near the bottom third of the payscale for the Spurs. Complainers complain. Players play.


Matt Bonner -- $2,750,000
Jackie Butler -- $2,350,000
Beno Udrih -- $1,747,096
Jacque Vaughn - $1,219,590
James White -- $687,456

9 million dollars of nothing.

[Kobulingam]

9 million dollars of nothing.

Only 9 since that list had Barry missing from it.

[Bruno]

Does a team have to pay the luxury tax if they go $1.00 over the cap? Or, is there another level where the tax does kick in dollar for dollar? For example, if the cap is $70 million, is there another level say $72 million where if breached the tax kicks in? So if a team was at $71.5 millioon they would not pay a tax? They would not get the rebate from the league by staying under the $70 million level though. Seems like I recall some buffer zone that allowed this.

There is a luxury tax threshold. As soon as you are above it you pay $1 for each $1.
If the luxury tax threshold is at $70M, a team with a $71M total salary will pay $1M in luxury tax, a team will a $80M total salary will pay $10M in luxury tax.

The luxury tax money recolted is redistributed between teams (the league tooko too a part fo it) and teams under the luxury tax get a bigger part of it.
For example, 5 teams have paid the tax, 25 teams haven't paid the tax and the luxury tax recolted is $60M. the 25 teams under the tax will get 1/30th of the $60M ($2M per team). The $10M left will be devided between the league and nba teams.
As soon as a team is 1$ above the tax, a lot of money is lost (1/30th of the recolted luxury tax).

A team above the tax has two penalties :
- A dollar for dollar tax.
- Less luxury tax money redisdributed to them.

[timvp]

The luxury tax threshold came in at $67,865,000. The Spurs have $69,979,268 in salary that counts toward the luxury tax threshold. That means the Spurs are $2,114,268 over the luxury tax threshold.

This probably isn't the greatest news because that means that the Spurs will be looking to dump some salary. Then again, they paid the tax last year so maybe they'll just pay it again. It's not everyday you can be in the championship hunt.

But it probably officially ends the dream that the Spurs would use the MLE this summer.

[ducks]

trade beno for trade exception
spurs could then use some of that mle

[timvp]

trade beno for trade exception
spurs could then use some of that mle

If you trade Beno to a team that can absorb his salary, the luxury tax number of $2,114,268 would shrink to $367,172. But that assumes the Spurs that the Spurs don't bring in anyone to fill that 15th roster spot.

And it'd still mean that the Spurs wouldn't use their MLE.

[Mr. Body]

trade beno for trade exception
spurs could then use some of that mle

I think I found a flaw in your cunning plan: no one wants him.

[ducks]

ferry owes the spurs a favor
and he has a trade excetion
besides james deserves beno

[Mr. Body]

If you trade Beno to a team that can absorb his salary, the luxury tax number of $2,114,268 would shrink to $367,172. But that assumes the Spurs that the Spurs don't bring in anyone to fill that 15th roster spot.

And it'd still mean that the Spurs wouldn't use their MLE.

I can see shedding Beno in some manner - maybe pulling a semi-favor and give him to Cleveland - then doing a patented 'tax shaver' special and send out Barry for a smaller one year contract using some cash and maybe next year's Orlando pick as sweetener.

[Mr.Bottomtooth]

The luxury tax is surrounded by Barry. Trade him to a team with cap space (Bobcats, Bucks?) and we're fine.

[SequSpur]

i hope the spurs go out of business.

paying bonner 3 mill was ing stupid.

[Mr. Body]

i hope the spurs go out of business.

paying bonner 3 mill was ing stupid.

Agree.

Resigning Bonner = good.

Outbidding yourself to do it = not good.

They probably overpaid him by half.

[SequSpur]

yeah dude, that dude was worth less than minimum

[Mr. Body]

Trade idea: Barry to Milwaukee for Damir Markota.

Come home, Damir!

[SequSpur]

Trade idea: Barry to Milwaukee for Damir Markota.

Come home, Damir!

markota sucks.

brent barry is fricking awesome.

[Mr. Body]

No way. Dr. Naismith was Croatian, like Damir Markota.

[yavozerb]

Barry = 5.5 mil for Pietrus =5 mil (S&T) saves 500K
Beno= 1.9 mil for Trade exemption to cavs= 1.9mil. saved
===========================================2.4 mil saved and no tax

[yavozerb]

How much would it cost to probably bring these players over: Mahinmi and Sanikidze

[Mr. Body]

I don't see Barry drawing Pietrus for us. Milwaukee is a real possibility, if Mo Williams bolts for Miami. They're below the cap, so can absorb salary. They also have Ersan Ilyasova we might like to pry away to take a look at.

[timvp]

How much would it cost to probably bring these players over: Mahinmi and Sanikidze

Sanikidze would probably be the minimum at $427,163 as long as he doesn't have a Euro buyout. I believe Mahinmi's rookie scale contract begins at about $800,000.

[SequSpur]

Can somebody give me an exact break down of all the salaries and the cap figure, the tax max and the available dollars left to sign a brotha who can play some ball?

[Kori Ellis]

Can somebody give me an exact break down of all the salaries and the cap figure, the tax max and the available dollars left to sign a brotha who can play some ball?

No money left. Salary cap is $55.630 million.

The luxury tax threshold came in at $67,865,000. The Spurs have $69,979,268 in salary that counts toward the luxury tax threshold. That means the Spurs are $2,114,268 over the luxury tax threshold.

[SequSpur]

Thanks, that's fricking crazy. Has anybody let Peter Holt know about this?

[Solid D]

Somebody didn't wear their helmet on the bus today.

[SequSpur]

How in the did somebody let RC run the salaries above the tax bracket? And most of all sign Bonner to a contract 3 times the amount that he is worth? I told you they were making money and not disclosing it.