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 […]
Sam Presti’s Survival Strategy In A Post-Apocalpytic Dystopian Nightmare
October 26th, 2009
Simple question: Did the tough economic climate affect NBA team’s spending plans as much as MSM scaremongers would have you believe? Not-so-simple answer: Kind of. This summer saw a team that could have had nearly eight figures of cap room opt not to use any of it. The Oklahoma City Thunder did pretty much nothing with their offseason once draft day was completed, and having won a total of 23 games last year, it’s justifiable to ask why that was. There follows some exploratory maths, which get a bit dull and confusing. If the Thunder had completed their buyout of Earl Watson (saving them $3.125 million; for argument’s sake, let’s assume that it could have been done earlier than July 17th), not signed James Harden, B.J. Mullens and Serge Ibaka until their cap space had been used, renounced all these guys that they don’t want, not bothered to trade for Etan Thomas, and kept Chucky Atkins and waived him, they would have had the following payroll: Nick Collison – $6,250,000 Nenad Krstic – $5,160,832 Kevin Durant – $4,796,880 Russell Westbrook – $3,755,640 Jeff Green – $3,516,960 Earl Watson (waived) – $3,475,000 Damien Wilkins – $3,300,000 Thabo Sefolosha – $2,759,628 D.J. White – $1,036,440 Shaun Livingston – $959,111 Kyle Weaver – $870,968 Chucky Atkins (waived) – $760,000 Total = $36,641,459 for ten players. To that total, add the cap holds of $3,336,800 for Harden and $933,500 for both Mullens and Ibaka, take away all the cap holds linked to above (which at the start of the offseason also included cap holds for unwanted players such as Desmond Mason and Mickael Gelabale) and the Thunder would have had themselves a total team salary of $41,845,259. Against a salary cap of $57,700,000, that would have meant cap room of $15,854,741. And that’s pretty […]
30 teams in 36 or so days: Seattle Supersonics
September 27th, 2007
Players acquired via free agency or trade: Kurt Thomas (acquired from Phoenix) Wally Szczerbiak (acquired from Boston) Delonte West (acquired from Boston) Players acquired via draft: First round: Kevin Durant (2nd overall), Jeff Green (5th overall) Second round: None Players retained: None Players departed: Danny Fortson (unsigned) Mike Wilks (unsigned) Randy Livingston (unsigned) Rashard Lewis (signed and traded to Orlando for way too much) Ray Allen (traded to Boston) Andre Brown (signed with Memphis) Bobbins: It’s rarely the correct move for an NBA franchise to blow the doors of the thing, jack it all in, admit failure and begin again. It takes a special kind of situation to justify it, and the team has to be a victim of a number of extraordinary circumstances. However, Seattle did exactly that this offseason. And entirely justifiably. After their fluke season in 2004/05 (oh please, yes it was), Seattle endured two years of nothingness after that, winning 35 and 31 games respectively. In all that time, the prolonged soap opera of the team’s ownership and arena continued to play out – the team was sold to new owners in 2006, who invested in the on-court product (giving Nick Collison and Luke Ridnour extensions totalling seven years and $44.5 million, which seems a bit much), yet who have not particularly well-disguised intentions of moving the team to Oklahoma City. One of the minority owners said as much in August, drawing a big fine from the NBA, but telling us nothing that we didn’t already know. With off-court turmoil and on-court mediocrity, the Sonics weren’t going anywhere, and they weren’t getting there very fast. But then in June, they won the #2 pick in the lottery. Suddenly, things were looking up. In a two superstar draft, Seattle just lucked themselves into […]
30 teams in 36 or so days: Atlanta Hawks
September 12th, 2007
Atlanta Hawks Players acquired via free agency or trade: None Players acquired via draft: First round: Al Horford (3rd overall), Acie Law IV (11th overall) Players retained: None Players departed: Royal Ivey (unsigned), Slava Medvedenko (unsigned), Esteban Batista (unsigned) Bobbins: The Hawks got lucky, I think they would admit that. The Joe Johnson trade of 2005 left the Hawks owing two first-round picks to Phoenix. One of these had already been conveyed, and was used to select Rajon Rondo last year, whom Phoenix then stupidly sold to Boston. The other pick was still outstanding headed into this summer, and was only top three protected, meaning that Atlanta had to win a top three spot in the lottery. They did this, despite only having the fourth-worst record and thus only the fourth-most chances of moving up (I say “only”, but that’s enough to make it a statistical improbability). For that, they should be thankful – had they not done so, they would have had a mediocre roster, with only an MLE and the #11 pick to work with to improve it. And that would not have been fun. Ironically, the three teams with worse records than Atlanta – Milwaukee, Boston, Memphis – all failed to move up, thus proving the worthlessness of statistical probability in the face of blind luck. (Incidentally, the #11 pick itself was also subject to changes in the lottery – the pick was Indiana’s as a part of the Al Harrington deal last summer, and had top ten protection on it. Had Indiana moved up in the lottery, Atlanta would not have gotten it, and had Indiana moved up into Atlanta’s place moving Atlanta out of the top three, Atlanta would have had no first-rounder at all this year. Which would have […]
The Celtics compared to the Bucks
August 3rd, 2007
Consider what recent fortunes have been like for the Boston Celtics and Milwaukee Bucks. Last year, both of these teams pulled the incredibly-unsubtle-tank-job routine, rivalled only in blatantness by that of the Minnesota Timberwolves. So obvious was it that then-Celtic Ryan Gomes essentially admitted to the tank job in an interview, saying, and I quote: “I probably (would have played), but since we were in the hunt for a high draft pick, of course things are different,” Gomes said. “I understand that. Hopefully things get better. Now that we clinched at least having the second-most balls in the lottery, the last three games we’ll see what happens. We’ll see if we can go out and finish some games.” Say what you really feel, Ry. Both teams put most of their eggs in one basket, trying their best to lose out, hoping for one of the top two spots in this year’s draft, and thus a chance at Greg Oden or Kevin Durant. But both were the victims of bad karma, and failed to move up, ending up with the fifth and sixth picks respectively. From there, Boston has gone on to trade for two All-Stars, one of whom is arguably the most talented player of his generation still in the back end of his prime. They are left with plenty of work to do, yet they have become instantly vaulted towards the top of the Eastern Conference and into title contention. Whereas Milwaukee is mired in the middle of a soap opera. Enough has been said about Boston and what they’ve done, but Milwaukee and GM Larry Harris seem to have been overlooked somewhat. After a poor 2004-05 season in which they finished with a disappointing 30-52 record, the Bucks beat long odds to win the lottery, and also had maximum […]
