But the salary cap floor is $84.7 million.
https://www.si.com/nba/2016/07/02/nba-salary-cap-record-numbers-2016-adam-silver
Methinks you have all been deceived. This $17 million is #fakenews.
24 Hours until that 17 million disappears.....
- Thread starter Beantown
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But the salary cap floor is $84.7 million.
https://www.si.com/nba/2016/07/02/nba-salary-cap-record-numbers-2016-adam-silver
Methinks you have all been deceived. This $17 million is #fakenews.
D
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For our front office to not draft a power forward tells me they have something they're confident about.
elan_prodigy
Well-Known Member
That would be a kick in the nuts if Hayward got a bonus on his way out...
How can we use this money? Can we use it in resigning Ingles or Hill by 'front loading' their contracts?
The salary cap max this year was around $94.1M and we are sitting at $80.5M and we saved around $600K-$800K on the draft day trade.
That means we have roughly around $14.2-$14.4M left before we hit the salary cap max.
Yes, the $17M number is wrong and I tried explaining that but we do indeed have a ton of cap space left to use by midnight.
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We could have done that up until February 28th. We tried doing that with Hill by giving him a $13.6M raise this year and extending his contract. We can't do that anymore, sadly.
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elan_prodigy
Well-Known Member
Thats ******! ******** George Hill ****** us!
Should have used that money on Ingles then I guess? Could of had 2 years for free.
I think I understand what people are saying now, you represent it well, but I think others are misrepresenting it.
The salary floor is $84.7. If a team is below the salary floor, they have to take the difference and divide it among the players. The Jazz are a few million under the salary floor, so they will have to pay the players each a few hundred thousand dollars.
People are representing it like the Jazz will have to divide $17 million among the Jazz players. This is not true.
Any way you look at it, this was a mistake by Dennis Lindsey. I know everyone loves and praises him, but I think he should have done a better job managing salaries. Another piece could have gotten us a few more wins and then maybe the Jazz would have faced the Spurs in the second round.
The Jazz haven't spent money for several years now. I'm tired of it. Dennis Lindsey has been selling us this idea of a rebuild and wisely positioned assets. He has promised they will spend when the time comes. Well, the time has come. If the Jazz spend this summer I will forgive them for the past few years. But I feel like they are lying when they say the Jazz are committed to winning a championship and they have the lowest payroll in the league. What if the Jazz had one more piece this year? Boris Diaw should have never been our starting forward in the playoffs. Dennis Lindsey had the cap space and assets to make a trade and find a legit 4 to back-up/replace Derrick Favors.
We could have done something like a 3-year $36M contract with $13.6M up front and it would then be a 3-year $22.4M contract. That would have been pretty awesome.
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You are correct about that. We will only have to divide around $5M among the players if we don't use the cap space.
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The Jazz were under both the cap and the floor. I think it was about $14 million under the cap (not $17 million, but I could be wrong) and about $4-5 million under the floor. (Sorry, don't have the exact numbers handy.) They have to pay the $4-5 million regardless, whether or not they spend the $14 million. But the point is that they can use the $14 million (if that's the right number) of cap space in a trade prior to tomorrow. After then it comes off the books.
Do you suppose the Jazz have worked a deal with Stayward that includes not hitting the floor so him and all his teammates get a nice year end bonus?