How the Oklahoma City Thunder saved money – and whether they might have to save more
August 31st, 2018
The early days of NBA free agency saw the Oklahoma City Thunder go big early. In a move that was known to be happening long before it happened, they agreed to re-sign 2018 NBA All-Star Paul George to a four year maximum value contract, and within hours also agreed to re-sign key reserve forward Jerami Grant to a three year, $27.35 million deal. This was both somewhat surprising and distinctly strong from a team that entered the offseason in a state of flux. In acquiring George and Carmelo Anthony in the summer of 2017, the Thunder strove to make a big stride back to the postseason and to relevance after the departure of Kevin Durant the previous summer. But to do so meant piling on the payroll, and to not take a stride backwards in 2018 meant piling on even more, keeping George and Grant on raises with a payroll that was already hefty without them. Immediately after those moves, reports came out about how, once luxury tax calculations were factored in, the Thunder were looking at a $300 million total commitment for their team this upcoming season. The reports of a $300 million total payroll were accurate enough at the time. However, they were normally taken out of context during their aggregation and sharing. That figure came about because of the heavy amount of repeater luxury tax that the Thunder were facing. Historically not a taxpaying team, the franchise has now paid luxury tax in the last three seasons, triggering the more punitive repeater tax rates for this upcoming season. The 2011 CBA created greater deterrents for teams crossing the luxury tax threshold; whereas before teams would previously pay a simple dollar-for-dollar tax on any amount they went over by, there are now various thresholds over which the amount increases (much […]
With a deadline coming up, the Luol Deng situation could soon be resolved
August 29th, 2018
In the summer of 2016, the L.A. Lakers, armed with cap room, tried to make a free agency splash. They signed centre Timofey Mozgov from the Cleveland Cavaliers to a four year, $64 million contract, and followed it up with signing Luol Deng from the Miami Heat to a four year, $72 million deal. They then almost immediately changed plans. Both players got out to slow starts and then never really sped up; in their first seasons, Mozgov averaged only 7.4 points, 4.9 rebounds and 0.6 blocks in 54 games (52 starts), while Deng averaged 7.6 points, 5.3 rebounds and 1.3 assists in 56 games (49 starts). Designed to be veteran help alongside D’Angelo Russell, Julius Randle, Brandon Ingram and Jordan Clarkson, the pair both struggled to get going throughout and recorded career-worst years. The Lakers shifted their direction pretty much immediately after this. They revamped the structure and personnel of their front office, and opted to up their standards when it came to the players they were pursuing. In the midst of an uncharacteristically long playoff-less streak, the team decided, explicitly, to target only the game’s very best in free agency. No more Mozgovs. It worked this summer when they signed LeBron James as a free agent. But to do so again next year may require freeing themselves of Deng’s contract. Earning $18 million this season and $18.81 million next, Deng’s contract vastly outweighs his performance. Indeed, as of last season, there was no performance. After starting him in the first game of the season but playing him for only 13 minutes, the Lakers had another quick rethink and benched Deng for the young forward quartet of Brandon Ingram, Kyle Kuzma, Julius Randle and (until the trade deadline) Larry Nance Jr. Despite being ostensibly in good health, Deng never […]
Market Adjustment: Good NBA big men are bargains right now
August 27th, 2018
It took nearly a month of free agency to do it, but the last big free agency name was eventually taken off the board at the end of July. The Houston Rockets finally agreed to re-sign free agent centre Clint Capela to a deal reported to cost them only five years and $90 million, of which only five years and $80 million is guaranteed. My use of the world “only” there was very deliberate. That is not a lot of money for a player of some calibre, and who is a roughly ideal fit for what the Rockets are doing with their team. It is considerably less than the maximum salary of five years and $147,710,050 (or four years and $109,509,175 with another team) that he could have signed for, and it is a lot less than Houston probably expected they could get him for when headed into free agency. In a tough free agency period in which they lost Trevor Ariza to the Phoenix Suns and Luc Richard Mbah A Moute to the L.A. Clippers, and given a maximum contract to Chris Paul that will be of questionable value in the back end, the Rockets needed to win on this one, and they have done. In large part, this was due to their patience. Taking this full month allowed the relative impatience of the competition to take effect, and as the other cap space teams spent their money up, Capela quickly ran out of bidders. The Rockets have been significantly aided in this quest, though, not only by Capela’s restricted free agency, but also by a flat overall market for ‘big men’. Positional distinctions are increasingly hard to do these days. Still, with that disclaimer in mind, here is a list of all the new contracts given out to veteran ‘big men’ in […]
Manu Ginobili announces his retirement
August 27th, 2018
After a couple of months of deliberation, San Antonio Spurs guard Manu Ginobili today announced his retirement. In a tweet sent out this evening, Ginobili said; “Today, with a wide range of feelings, I’m announcing my retirement from basketball.” Ginobili had been working out with the Spurs in the offseason, testing his body to see if he would want and be able to play to play one final season with the team. Now, it is clear that he won’t. Ginobili is calling time on a professional playing career that goes back 23 years, the last 16 of which have been spent in the NBA with the Spurs. Drafted with the penultimate pick of the 1999 NBA Draft, Ginobili’s success as a player predated his time in the NBA; he won a Euroleague title in 2001 with Kinder Bologna, leading the Finals in scoring along the way and being named Finals MVP, and also won consecutive Italian League MVP titles in 2001 and 2002, before leaving to join the NBA. Manu also had plenty of success on the international level, too. He was the leader of the Argentina team that won the silver medal in the World Championships back in 2002, and was the leading scorer on the subsequent 2004 Olympic team that beat the United States in the semi-finals, went on to win the gold medal, and ended the American dominance of the international game. It was in San Antonio, though, where he had his greatest success. The trio of Manu, Tony Parker and Tim Duncan were the foundations of a dynastic run for the Spurs that featured a 14 consecutive playoff-season run that continues to this day, that featured four NBA Championship wins in that time. During this reign, the Spurs were venerated for their consistent success, and about how they […]
