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NBA Salary Cap has been set; Jazz under it

David Stern

David Stern

Well-Known Member
https://sports.espn.go.com/nba/news/story?id=5362260

NBA teams found out Wednesday that the salary cap for next season will be nearly $2 million higher than anticipated, providing additional unforeseen cap space to several teams.

The NBA announced a cap of $58 million for the 2010-11 season, when most teams had budgeted a cap of $56.1 million.

The exact salary cap figure, according to league sources, is $58,044,000, up from $57.7 million in the 2009-10 season.

That means teams such as Miami, New York, New Jersey, Chicago and the Los Angeles Clippers have more spending room than anticipated to accommodate free-agent signings.

The luxury-tax line for the coming season will be $70,307,000, up from $69.9 million.

The mid-level exception for next season is $5.765 million.
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According to HoopsHype, the Jazz have about 56 Million committed for next season so far.
 
Some of their numbers are suspect...Jazz are not under the cap by my accounting. For one thing, they have Millsap's cash payment, but not his cap hit. The upfront bonus he received last year is spread over the 4 years of his deal, so this year's cap hit is higher than shown. Hayward is showing his rookie scale amount, but assume he got 20% more than that. Williams and Memo's salaries are lower than they used to appear on HH as well. Not sure why the change.

Anyway, I don't think the Jazz are under the cap, and they certainly aren't under if you count the cap holds, exceptions, etc.
 
I think we're $1 million or so over, so I'm pretty sure we can still use our MLE. As far as the luxury tax goes,
If you estimate Hayward's year 1 salary to be around $2 million, I figure the Jazz are about $10.2 million under the tax-threshold.
If you add in Fes and Gaines qualifying offers, plus 1 minimum rookie salary (Evans?) that gives Utah about $9 million under the threshold to resign Matthews and hopefully a backup big.
 
Maybe Augustine from the summer league? He seems pretty good. Yeah, he's not the answer, but there is someting to be said for staying under the tax.
 
vslice02 said:
I think we're $1 million or so over, so I'm pretty sure we can still use our MLE. As far as the luxury tax goes,
If you estimate Hayward's year 1 salary to be around $2 million, I figure the Jazz are about $10.2 million under the tax-threshold.
If you add in Fes and Gaines qualifying offers, plus 1 minimum rookie salary (Evans?) that gives Utah about $9 million under the threshold to resign Matthews and hopefully a backup big.
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When David Stern says you're under the cap, you're sure as hell under the cap.
 
More on the tax, now that Boozer is out of the picture, I don't imagine that the Jazz will go into luxury tax this year. There is enough room under the tax line to resign Matthews and Fes and still be ok. Next year when Kirilinko's huge contract goes away, we can be players in the market.
 
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cctrackstar said:
More on the tax, now that Boozer is out of the picture, I don't imagine that the Jazz will go into luxury tax this year. There is enough room under the tax line to resign Matthews and Fes and still be ok. Next year when Kirilinko's huge contract go away, we can be players in the market.
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Not in the free agent market, we can be players in the market where we take on salary and picks from teams in terrible financial shape.
 
vslice02 said:
I think we're $1 million or so over, so I'm pretty sure we can still use our MLE.
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You can ALWAYS use *at least* the MLE to sign FAs: if you are over the cap, or under the cap by less than the MLE amount, you can use the MLE. If you are under the cap by more than the MLE amount you can't use the MLE, but then you have more money than the MLE available to sign the player anyway.
 
If the Jazz really are 9 mil below tax threshold then I would expect something better than signing RMR scrubs like Augustine. A legit move or two is needed.
 
The-Joker said:
Not in the free agent market, we can be players in the market where we take on salary and picks from teams in terrible financial shape.
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Exactly. Had we re-signed Boozer and Korver, then Ak's entire $17M could not have been used. Now his expiring really comes into play at the deadline. Clippers with Dalembert and Jazz with AK are in good shape to work deals at the deadline.
 
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