Our off-season salary cap situation

[QuinSnydersHair]

Why is your math different than my math? What am I missing? If you look at all the players you've listed that we have under contract next year, it comes out to 46 million. The cap is expected to be 66.

That's 20 million in cap space. Yeah, we will have to sign our pick, but that will be 2-3 million, leaving us with 17 million in cap space.

Where am I off? I'm using your numbers here.

Those 10 guys come to $52,150,669. Your math was off.

 

[green]

Those 10 guys come to $52,150,669. Your math was off.

Makes sense. I'll go recheck

 

[QuinSnydersHair]

It all depends on what the Jazz get back in the trade, no? You wouldn't trade Booker+ for an upgrade on the wing?

What sort of wing are we talking about? Give me a hypothetical.

 

[green]

Damn. You're right.

 

[GVC]

What sort of wing are we talking about? Give me a hypothetical.

No idea. It's pretty obvious that DL structured Booker's contract that way to potentially create opportunities this summer. That, plus what I figure is a slim chance at signing any of the top free agents this summer, is why I made the post.

It's just something to think about. It's too bad this summer's free agency doesn't look like it will be that exciting; Booker's contract would/could be pretty valuable in a better/more active free agency period.

 

[green]

So, my mistake is that I didn't count Booker's deal. If we cut Booker, Millsap and Jerrett, we will have roughly 20 million in cap space. DL has said that Miller has allowed him to go up to the tax limit.

So, if we cut Booker, we have 20 million, minus the 1-3 million for our draft pick. So, that leaves us 17 million.

Let's say we sign someone for 16 million. That would give us 8 players for 66 million and put us right at the cap. What the rules for signing additional players? Is this where the exceptions come into play?

If that's the case, then by waiving Booker, we do have max space. Booker is a really nice piece, but he's not worth keeping if we can bring in a max guy.

 

[Coach Ellis]

Those 10 guys come to $52,150,669. Your math was off.

This right here is the main reason that I would have held off on the Burks extension. Not because I don't think that he'll earn it, but because I wish the team had more salary cap flexibility this upcoming offseason than the next. I've always felt that 2016 was when they were building toward making moves, but that Gobert's development pushed up that time frame.

Had they not extended Alec, what's the difference between his salary and what his cap hold on his RFA tender would have been? It would have been nice to have extra cap space to work with, but the flip side is that he likely wouldn't have agreed shut it down this season and tried to play through the injury instead of just getting healthy. Or he could have proved himself out of Utah by playing well in the new hierarchy under Snyder.

 

[GVC]

So, my mistake is that I didn't count Booker's deal. If we cut Booker, Millsap and Jerrett, we will have roughly 20 million in cap space. DL has said that Miller has allowed him to go up to the tax limit.

So, if we cut Booker, we have 20 million, minus the 1-3 million for our draft pick. So, that leaves us 17 million.

Let's say we sign someone for 16 million. That would give us 8 players for 66 million and put us right at the cap. What the rules for signing additional players? Is this where the exceptions come into play?

If that's the case, then by waiving Booker, we do have max space. Booker is a really nice piece, but he's not worth keeping if we can bring in a max guy.

The numbers in the OP look right to me. They (presumably) also include roster charges for having fewer than 12 players under contract.

The Jazz effectively have to choose between the cap space and the MLE and bi-annual exception. If the Jazz use their cap space, they would then only be able to sign players using the Room MLE, $2.814mil next season, or players at the minimum salary.

 

[GVC]

Had they not extended Alec, what's the difference between his salary and what his cap hold on his RFA tender would have been?

If Hoopshype is right about his salary next season, the Jazz would only have freed up ~$1.6mil.

 

[Siro]

Simply trading our draft pick would get us close to the max. I think that's a good route since we have an assload of young players and that allows us to sign a max-level vet.

 

[Coach Ellis]

If Hoopshype is right about his salary next season, the Jazz would only have freed up ~$1.6mil.

Then never mind. The risk that he'd earn more than what he signed for was higher than the value of the cap spaced saved. If he improves and develops under Snyder like others have, it was the right call to extend him. Thanks for the info.

 

[vegas]

So the the most cap space competition looks like this (millions of dollars):
39.6 Sixers The question is, do they want to go crazy in free agency, or keep facilitating salary dumps for assets.
31.2 Lakers doesn not include Hill 9 PO, Nash, Lin, Boozer and others
27.4 Magic does not include Ben Gordon, Ridnour
27 Hawks does not include Millsap, DMC, Antic
26.7 Knicks does not include Bargnani
26.8 Pistons includes Reggie Jackson 3.4 QO, does not include monroe and others.
25.9 Celtics does not include Bass, Jerebko will they go after a free agent during a rebuild? Might free up for someone else though.
18.3 Nuggets will have to waive W. Chandler 7.2 NG and Foye 3.1 NG, doesn't include Trob, Arthur Nelson 2.9 PO
17.2 Raptors does not include Johnson, Fields, Hayes, Hansborogh, Williams
12.8 Jazz renounce Ian Clark, QO to Ingles, does not include Evans, includes Booker

Teams with space they will likely use in retention:
43 Trailblazers does not include LMA, Afflalo, 7.5 PO Mathews, R Lopez, Kaman 5 mil non guaranteed, Steve blake 2 mil PO
38 Mavs does not include Chandler, Rondo, Monta, Felton, Aminu, Amare and others
32.1 Spurs does not include Duncan, Manu, Kawhi, Green and others
24.3 Grizzlies does not include M. Gasol, Koufus, Jeff Green 9.2 PO
*Pacers have lots of space if Hibbert and West opt out.

The above are probably not exact and do not include draft picks, but it should give us an idea. Info from each teams page on www.basketballinsiders.com

Another consideration is a player/agent may sign a 1 yr contract or even better, put a player option in a multi-year deal. I expect to DL to pursue a player that is likely to stay past the 2017 jump.

I don't have time to do the analysis to consider the competition, and guess what chances the Jazz have at one of the names being thrown around on Jazzfanz.