News, rumors and buzz around the draft and free agency

[LoPo]

Miami is hard capped, so they can't really take that much salary back. They honestly need to send out a little more salary than they take back. It makes more sense for a cap space team or a team with a trade exception to step in here. We can give some relief, but likely not enough.

The hard cap is $138.9. Miami is at less than $135 right now. If they include Herro, which there is speculation, Miami could do this deal acquiring Westbrook for Dragic, Winslow and Herro then slide right under the hard cap.

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[Handlogten's Heros]

The hard cap is $138.9. Miami is at less than $135 right now. If they include Herro, which there is speculation, Miami could do this deal acquiring Westbrook for Dragic, Winslow and Herro then slide right under the hard cap.

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They’d still have to fill out the roster though... even with minimums they’d be in trouble.

 

[SCS]

There's a lot of talk on Twitter about the game Carsen Edwards had tonight. Meh. I mean yeah he scored 23 but his shot selection was pretty horrible from what I saw.

 

[SCS]

Herro has looked pretty damn good in Summer League tbh. I'd be hesitant to trade him if I was Miami

 

[One Brow]

I kinda wish we would have signed Mudiay to a two year deal or a one year deal with a second year team option. Just because if he somehow had a breakout year for us this year we'd control his rights. Since we gave him a one year deal he's as good as gone if he breaks out given our cap situation next offseason.

We would still be able to use the MLE or BAE to sign him, if he has a breakout year.

 

[LoPo]

They’d still have to fill out the roster though... even with minimums they’d be in trouble.

It would be close for sure.

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[Elizah Huge]

I hate one-year deals

Same. At least make it a team option on the second year.

 

[Scat]

Not Lazarus?

You have a choice between Jesus and Lazarus and you go with Lazarus? This is like drafting Bowie over Jordan x 1000.

 

[One Brow]

You have a choice between Jesus and Lazarus and you go with Lazarus? This is like drafting Bowie over Jordan x 1000.

I think Exum still has a chance to be a decent player, but he's not going to be a star.

 

[fishonjazz]

The hard cap is $138.9. Miami is at less than $135 right now. If they include Herro, which there is speculation, Miami could do this deal acquiring Westbrook for Dragic, Winslow and Herro then slide right under the hard cap.

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Da **** is a hard cap?

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[infection]

Da **** is a hard cap?

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[Watcher]

Remember when there used to be Jazz news for a few days? We need some news.

 

[stitches]

Remember when there used to be Jazz news for a few days? We need some news.

This time of the year, you don't really want Jazz news. At this time news are more likely to be negative than positive.

 

[LoPo]

Da **** is a hard cap?

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Once a team signs a player using a sign and trade, it institutes a "hard cap". I don't think it has ever happened in the history of the league until the Heat traded for Butler and then GS traded for Russell. The hard cap is $138.9 million. Those two teams must stay below that level all year long.

This article lays out how close Miami is should they sign Herro: https://www.miamiherald.com/sports/spt-columns-blogs/barry-jackson/article231882803.html

 

[LoPo]

https://www.miamiherald.com/sports/spt-columns-blogs/barry-jackson/article231883128.html

"The Thunder ideally would like to take back salaries less than the $38.2 million that Westbrook will earn this coming season because OKC doesn’t want to increase its luxury tax payments. That’s a big deal for OKC, which is $2.25 million above the $132.6 million tax threshold and is subject to the punitive repeater tax if it stays over that threshold.

But because the Heat is hard capped at $138.9 million after the Jimmy Butler trade and won’t have space to sign any more players after eventually signing Tyler Herro, Miami cannot send out less money than it absorbs in a Westbrook trade. And the Heat needs to send out players earning at least a couple million dollars more than Westbrook’s $38.2 million if it’s a 3-for-1 trade."

So...

Miami needs to send out pretty much what they get back. The Thunder need to cut about $3 million. Exum makes $3 million less than Winslow. C'mon DL and Zanik, figure something out.

 

[Handlogten's Heros]

https://www.miamiherald.com/sports/spt-columns-blogs/barry-jackson/article231883128.html

"The Thunder ideally would like to take back salaries less than the $38.2 million that Westbrook will earn this coming season because OKC doesn’t want to increase its luxury tax payments. That’s a big deal for OKC, which is $2.25 million above the $132.6 million tax threshold and is subject to the punitive repeater tax if it stays over that threshold.

But because the Heat is hard capped at $138.9 million after the Jimmy Butler trade and won’t have space to sign any more players after eventually signing Tyler Herro, Miami cannot send out less money than it absorbs in a Westbrook trade. And the Heat needs to send out players earning at least a couple million dollars more than Westbrook’s $38.2 million if it’s a 3-for-1 trade."

So...

Miami needs to send out pretty much what they get back. The Thunder need to cut about $3 million. Exum makes $3 million less than Winslow. C'mon DL and Zanik, figure something out.

One thing I’ve thought on OKC is will they move Gallo? I don’t think they are competing this year... he’d have value and would be a piece they could move for less salary to get under the tax. Gallo doesn’t seem like a guy that’d be real happy in OKC.

Not that we’d be interested but more of a different angle/route they might go to ultimately duck the tax.

 

[Handlogten's Heros]

I do think we need to just accept the fact that Dante gonna be on this team and part of the roster planning for this year... its fun to dream, but there is zero indication that guy is going anywhere.

 

[Jingled]

One thing I’ve thought on OKC is will they move Gallo? I don’t think they are competing this year... he’d have value and would be a piece they could move for less salary to get under the tax. Gallo doesn’t seem like a guy that’d be real happy in OKC.

Not that we’d be interested but more of a different angle/route they might go to ultimately duck the tax.

I definitely think he'll be moved, I just don't see any reason for them to keep him.

 

[Handlogten's Heros]

I definitely think he'll be moved, I just don't see any reason for them to keep him.

If they got Dragic I think he could be moved for a lower salary too... They could accept a little salary and finesse the rest later. I would think they'd keep Winslow if they got him in the trade. My prediction is it would be Dragic, Winslow, Waiters for Westbrook. Then OKC figures out how to duck the tax from there.

 

[Coach Ellis]

Once a team signs a player using a sign and trade, it institutes a "hard cap". I don't think it has ever happened in the history of the league until the Heat traded for Butler and then GS traded for Russell. The hard cap is $138.9 million. Those two teams must stay below that level all year long.

This article lays out how close Miami is should they sign Herro: https://www.miamiherald.com/sports/spt-columns-blogs/barry-jackson/article231882803.html

Actually, it looks like ANY team that makes a sign and trade or uses their MLE is “hard capped” at the tax apron. So, it sounds like it happens a lot, but most teams never come close enough to the apron for it to be an issue. These new max contracts are going to change that.