Exactly. The 2008 Master Plan is a horribly stupid idea. Basketball wise, it makes zero sense. The only sense it makes at all would be if Peter Holt is going to sell the team sometime in the next couple years and he wants the franchise value to be at its highest. That's the only way it makes sense.
For the Spurs to open $10-12M in capspace, they'd have to do the following:
Trade Mahinmi, waive Butler, never sign Scola, never sign Javtokas, never sign Sanikidze, don't re-sign Bonner, don't re-sign Ely, don't re-sign Vaughn, renounce Elson, renounce Oberto, renounce Finley, renounce Barry, renounce White, renounce Bowen, renounce Udrih and trade away all draft picks this summer (one first rounder and two or three second rounders). And then this upcoming summer, the Spurs couldn't sign anyone to more than a one-year contract.
If they do all that, then they'll have Duncan, Parker and Ginobili plus $10-12M to play with to fill 13 roster spots. The Spurs won't be able to offer maximum money. What they'll basically have is two MLE's to work with instead of one. So for an extra $4-6M, the Spurs would have to basically blow up everything and not try to improve the team for two years. How in the name of all that is holy does that make sense?
What makes it an even worse idea is the fact that the new CBA makes it almost impossible to sign a player coming off of a rookie deal. Even second round draft picks are protected more than ever before.
If someone like Emeka Okafor or Dwight Howard were available and this gave the Spurs a chance, then I can see reason for the 2008 plan. But the Spurs don't have the money to offer a max contract AND the teams have the ability to match any contract the Spurs offer.
The last couple times the Spurs opened up cap room to use in a summer, it was still pretty dumb and always blew up in their face ... but at least it made a little sense. You could steal a second round draft pick and there weren't as many restrictions on signing other players. Nowadays, unless you are willing to massively overpay for a player coming off a rookie contract (see: Jeffries, Jared), you just can't get anything done.
This front office loves the supposed "roster flexibility" but now it has just gotten to the point of stupidity. The window won't be open forever. Getting two MLE players in 2008 while having to fill the other 10 spots on the roster with players making the league minimum makes zero sense.
A much better idea would be to *gasp* spend the money to keep the decent players on this team and go out and use the MLE, LLE and draft picks on players that can help. Go out and get a swingman with a pulse, bring in some young pieces and build the team with the number one objective of winning now and down the line.

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