We're all en-fascinated by the draft, and no wonder why. Soon we have the true offseason to contend with -- which means a lot of teams will need to figure out their cap situations. The new CBA is particularly onerous to very expensive rosters and the Spurs stand to benefit... somehow.
The whole thing is pretty confusing. Basically, if a team goes over a second tax apron, they get thwacked with various punishments. If they go over twice in a four year period, they get smacked around with a shovel.
The Spurs, of course, have a ton of cap room, no bad salaries, and might be overjoyed to take on contracts for gifts of draft capital.
This is from HoopsHype via ESPN:
For 2023-24, the salary cap is projected to be $134 million, and the luxury tax line is set to be $162 million. The first apron is set at $7 million above the luxury tax level in each season of the CBA (so $169 million for 2023-24) and the second apron is set at $17.5 million above the tax threshold (or $179.5 million). In future seasons, all of those numbers will rise at the same rate. There are at least six teams, including the Celtics, Denver Nuggets and Phoenix Suns, that are projected to be above the first apron but below the second apron in 2023-24. The Philadelphia 76ers could join the group if James Harden signs a $47 million max contract in the offseason. We currently project the Warriors, Clippers and Miami Heat to be over the second apron in 2023-24.
A team like the Warriors, who are paying ridiculous salaries to Wiggins, Poole, very big salaries to Klay and Curry, and might have to pay Draymond Green next year. Their situation: https://hoopshype.com/salaries/golden_state_warriors/
The big problems with the situation are these:
- The salaries these teams want to dump are freaking enormous. Some might be a single season, but most, like Poole's, are just god-awful
- None of these teams really have assets to sweeten the deals... Like, at all.
I have no idea how anyone is going to make this work for them. A good run-down of each team's future draft picks: https://basketball.realgm.com/nba/dr...rafts/detailed
We may see players like KAT have to get moved. I certainly don't want him, and the market might just be for other overpaid semi-stars. Looking at GSW, they owe a 2024 FRP to Memphis (1-4 protected). Poole is an alright player - no defense, though - but his contract goes on for years. I can see a team like Houston or maybe Indiana or Charlotte absorb him mostly outright, but how much is Golden State willing to ay?
Anyway, some of these teams are capital f ED. I just don't know how the Spurs can take advantage.
I think these are the teams under the cap right now, pulled from ta Internets:
Cap space teams (8): Rockets ($61 million), Spurs ($40-48 million), Jazz ($31-45 million), Magic ($22-58 million), Hornets ($27-37 million), Thunder ($31 million), Pistons ($30 million), Pacers ($28 million)