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Salary Cap Situation

The Jazz Wonderbra

The Jazz Wonderbra

Well-Known Member
Gents,

I am confused about the salary cap situation for the Jazz right now. We were below the floor last season. We added Rubio, Ingles got a raise, Donovan Mitchell, and Tony Bradley. We lost Lyles, Hill, Hayward, and Ingles old salary.

Here's my count:

Increased:
Rubio: $14,000,000
Ingles: $13,000,000
Raises: $5,000,000 ish between Gobert and general raises around the team?
Donovan Mitchell: $2,000,000
Tony Bradley: $1,000,000
Total: $35,000,000

Decreased:
Hayward: $15,500,000
Hill: $8,000,000
Ingles: $2,000,000
Lyles: $2,000,000
Total: $27,000,000

So, by my count we have increased from below the floor by $8,000,000 roughly. My $5,000,000 in raises is an estimate since I don't have all the data in front of me to pin that number down.

Everyone is saying we are over the cap and that we don't have much left, yet I watch teams left and right sign more players.

I don't understand the 'cap hold' terminology that applies to $4 million of Jingles and all of Rubio's contracts...

Hoopshype shows us well below my number because they haven't updated the Ingles, Mitchell, or Bradley, but that still puts us in the $94 million range I think before any cap hold considerations.

How much $$$ do we have? How much have we spent? Any capologists care to pitch in?
 
Salary Cap Discussion

Time for some salary cap discussion. I'm using salaries from this website (which seem reliable): http://www.spotrac.com/nba/utah-jazz/cap/. If I've made any errors in the numbers or in my understanding, someone please correct me.

Here's the current probable roster:

Gobert 21.974791
Rubio 14.25
Favors 12
Ingles 11.607143
Burks 10.845506
Johnson 10.505
Exum 4.992385
Mitchell 2.62128
Hood 2.386864
Bradley 1.41492
Bolomboy 1.312611
Williams-Goss or other minimum player 0.815615
_________________
total 94.726115


There are also these two non-guaranteed contracts:

Diaw 7.5
Neto 1.471382
_________________
total 8.971382


There are also Mack and Withey whose cap holds are 6.095, but I think they are both goners.

The Jazz will function as an over-the-cap team (cap is about 99 million). That means that they could trade Diaw and Neto for a player with salary of 13.97 million. (This falls under the "outgoing salary plus $5 million" category, see http://www.cbafaq.com/salarycap.htm#Q86; even though that website hasn't been updated for the recent CBA changes I am pretty sure that rule still applies.) They could of course trade for a player making more money by including an additional player in the trade, but I don't think that's too likely unless it's a MAJOR trade (such as including Favors in a package for Love, or something like that). And I don't think it's too likely do that now.

The Jazz can also sign a free agent using the MLE space, which is 8.406 million. And they could also use the bi-annual exception, which is 3.29 million. They probably won't use the bi-annual exception, though, since that would put them at 15 players in my scenario, and would reduce their flexibility for next year (it's "bi-annual").

If the Jazz do my proposed Diaw/Neto trade and also sign a player for the full MLE then it would put their total salary at 117.1. The luxury tax is 119.266. I think this plan makes a lot of sense if the Jazz can get good value (tradeable contracts) for those two spots. It keeps them below the luxury tax this year, which I'm 99% sure they will do now, since without Hayward the chance of going far in the playoffs is pretty miniual.

So, the questions are therefore: who would they trade for at 13.97 million or less? And which of the remaining free agents would they sign with the MLE?
 
Not a cap expert, but with the salaries. They have they are at 78 million. Cap holds for Rookies and Ingles Is 8 million. Diaw has 7.5 non guaranteed. So could sign someone for almost 24 million after cutting Diaw, right?
 
This is the situation at this moment, before anyone has signed their new contracts:

PLAYER SALARY
Gobert 21,225
Rubio 14,1
Favors 11,75
Ingles 4,275
Burks 10,596
Johnson 0,505
Exum 4,993
Hood 2,387
Neto 1,471
Bolomboy 1,313
Mitchell 2,622
Bradley 1,415
SUM 86,652

Before Ingles signs, we have about $12 million in space if my math is correct.

This is the situation after Joe signs:

PLAYER SALARY
Gobert 21,225
Rubio 14,1
Favors 11,75
Ingles 11,607
Burks 10,596
Johnson 10,505
Exum 4,993
Hood 2,387
Neto 1,471
Bolomboy 1,313
Mitchell 2,622
Bradley 1,415
SUM 93,984


Joe`s salary if taken from Spotrac, where they have divided his total contract value by 4 and given 8% raises. We obviously don`t know is this is how it is structured.

I`ll get back a bit later with some more details about the possibilities we have atm.

This is very much not official as it just is something I have assembled, so let me know if you see something that does not compute for you.
 
Right now we are at $103 million (with Ingles and rookie contracts), salary cap is $99 million.

By renouncing cap holds of Mack and Withey and not bringing guaranteeing Diaw or Neto (who are both not guaranteed) we can drop to $94 million and have about $5 million in cap space.

What you are forgetting is Rudy jumped from like $2 million last year to $21 million this year.
 
Bravo, well done.

Can you explain what 'CAP HOLDS' mean? I have read an explanation and I still don't quite get how Ingles cap hold affects the Jazz or why we had $16 mil to use before July 1.

Also, regarding trades... would you trade Favors, Diaw, and a pick for Marc Gasol? Between the $13 million in space and the freed up $8.9 from Diaw and $12 from Favors, the Grizz reset now that Zach Randolph is gone and the Jazz get a fine player to put alongside Gobert?
 
The Jazz Wonderbra said:
Bravo, well done.

Can you explain what 'CAP HOLDS' mean? I have read an explanation and I still don't quite get how Ingles cap hold affects the Jazz or why we had $16 mil to use before July 1.
Click to expand...

Until Ingles actually signs the contract that he and the Jazz have agreed on, his salary for cap purposes is actually based on a percentage of his last year's salary instead of the agreed-upon salary for next year. That's called his "cap hold". I haven't taken that into account in my numbers; I'm just using the newly agreed-upon salary.

The money that we had to use before July 1 is because the total of last year's salaries was less than the cap. (It was also less than the minimum, which is relevant but a slightly different story.) July 1 is when the cap situation changed from last year's numbers to this year's numbers. That meant that they could do a trade before July 1 acting as if they were below the cap, even though for this coming year they will be above the cap.

Also, regarding trades... would you trade Favors, Diaw, and a pick for Marc Gasol? Between the $13 million in space and the freed up $8.9 from Diaw and $12 from Favors, the Grizz reset now that Zach Randolph is gone and the Jazz get a fine player to put alongside Gobert?
Click to expand...

I'm not sure how well he'd play as a 4 alongside Rudy, but assuming Quin and the front office thought so I'd love to have him on the Jazz! I doubt the Grizzlies do it for that, though.
 
The Jazz Wonderbra said:
Bravo, well done.

Can you explain what 'CAP HOLDS' mean? I have read an explanation and I still don't quite get how Ingles cap hold affects the Jazz or why we had $16 mil to use before July 1.

Also, regarding trades... would you trade Favors, Diaw, and a pick for Marc Gasol? Between the $13 million in space and the freed up $8.9 from Diaw and $12 from Favors, the Grizz reset now that Zach Randolph is gone and the Jazz get a fine player to put alongside Gobert?
Click to expand...

A cap hold is what is tendered as an offer to keep some one a restricted free agent.

The cap hold for Ingles is $4 million because that is what was tendered to him until he signs his offer.
 
Crocodile Dante said:
one thing is wrong INgles cap hold is only 4 million until he actually sign his offer.
Click to expand...

Yes, I mentioned in the post right after yours that I decided not to include that. I don't think it affects the Jazz in a practical way, or at least I couldn't really think of a scenario where it would really help the Jazz to delay Ingles' signing. But perhaps there is one.
 
Brandon Knight
Marvin Williams
Tyson Chandler
Michael Kidd-Gilchrist
Eric Gordon
Wilson Chandler

These are some players in that price range I would be interested in if they were available.

Now that Hayward is gone I would be even more willing to trade Diaw and Burks for Anderson and Eric Gordon. I think that would make us pretty solid.

As far as far FAs go I'm not sure who we will trade but we still need a solid pf to be a safety net for Favor's if he isn't healthy. There are a few left that we could get in our price range of the MLE or less. It would be nice if that player could play some center.
 
Hedda Gambler said:
Before Ingles signs, we have about $12 million in space if my math is correct.
Click to expand...

My numbers are slightly different than yours, but I got 12.5 million. So I guess that's a way for the Jazz to sign someone for a few million over the MLE instead of for the MLE itself.
 
colton said:
Yes, I mentioned in the post right after yours that I decided not to include that. I don't think it affects the Jazz in a practical way, or at least I couldn't really think of a scenario where it would really help the Jazz to delay Ingles' signing. But perhaps there is one.
Click to expand...

If we renounce Withey and Mack and don't pick up Diaw's option, we would have around 12 million in cap space. We could use that to sign someone or absorb salary in a trade.
 
colton said:
My numbers are slightly different than yours, but I got 12.5 million. So I guess that's a way for the Jazz to sign someone for a few million over the MLE instead of for the MLE itself.
Click to expand...

Bump. I'm still expecting the Jazz to sign a free agent for around this number, or maybe slightly less. What's the biggest position of need? Maybe backup PF/C?
 
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