Omer Asik and Jeremy Lin’s contract situations
July 8th, 2013
In light of one or both of these two being about to be traded, there exists a new realm of questions about this two unusual, nearly-novel deals. The questions surround what they’re being paid, and what they’re being charged to the salary cap. People don’t know which set of figures to believe, and the confusions stems from the fact that those two questions actually have two different answers. “Salary” and “cap number” are usually assumed to be synonymous with each other on account of the fact that they normally are, with rare exceptions. Occasionally, exceptions can be found in buyout agreements (I believe, though cannot say decisively, that the Blazers were still playing Shawn Kemp up to and including last season), but not with valid contracts. These deals, then, are an exception. And that’s why they need clarifying. Using the Arenas provision, Lin and Asik signed for the most Houston could give them over three years – $25,123,938. The contracts called for them to be paid an even $5 million in 2012/13, $5.225 million in 2013/14, and $14,898,938 in 2014/15. For the purposes of where we’re going, it doesn’t matter how these figure was arrived at, only what they are and where we’re going. The cap number for these contracts calls for that $25,123,938 contract to be split evenly across all three years, i.e. $8,374,646 each season. This is true despite of the actual payment schedule being what it is above. So when someone asks “what are Lin and Asik getting paid?”, the answer could be either, technically. On a literal interpretation of the question, the payment schedule is the right answer. Yet when people ask that, what they really want to know, even if they don’t know there’s a difference, is what is their cap number. That’s the one […]
The amount of cap room teams will actually have
June 12th, 2010
Lots of people and lots of places are claiming knowledge of the cap space of various NBA team in anticipation of this summer’s free agency bonanza. Most, if not all, have done so misleadingly inaccurately. Without wanting to sound too douchebaggy (sorry), let’s try to get this right. 100% accuracy is not guaranteed, but 99.7% accuracy is. All salary information is taken from this website’s own salary pages. NOTE: All cap space amounts are calculated to an estimated salary cap of $56.1 million. This inexact figure is the most recent (and thus accurate) projection released yet, and will have to suffice for now. When the actual amount is calculated/announced, the sums below will be altered accordingly. Atlanta Hawks Committed salary for 2010/11: $47,630,214 (view full forecast) Projected cap space: None If Atlanta renounce (or lose) Joe Johnson, renounce Josh Childress, renounce their four remaining free agents (Joe Smith, Mario West, Jason Collins and Randolph Morris), and sell or renounce their first-round draft pick (#24, cap hold of $963,600), they will have a cap number of $49,524,640 (the committed salary plus four minimum salary roster charges of $473,604 for having less than 12 things on the cap). Barring trades, that’s as low as they can get. And yet it’s not enough for cap room; if you add on the value of the Bi-Annual Exception ($2.08 million) and the Mid-Level Exception (not yet known exactly, but will be about $5.7 million), the Hawks are over the cap. Boston Celtics Committed salary for 2010/11: $64,423,396 (view full forecast) Projected cap space: None If Paul Pierce opts out, and if he and Ray Allen are both not re-signed, it’s possible for the Celtics to have cap room. But it is too farfetched and nonsensical. Charlotte & Bob Katz Committed salary for 2010/11: $59,789,925 (view […]
How NBA Playoff Eligibility Works
February 24th, 2008
A lot of people (four) have either e-mailed me about this or asked me about it on t’internet in recent days, about when players have to sign with a new team by in order to be eligible for the playoffs. Apparently there’s some confusion on the issue, particularly surrounding the March the 1st date. So let’s clarify. There is NO SIGN-BY DATE for playoff eligibility. You can sign whenever you want – even on the last of the regular season if you like – and still be eligible for the playoff roster. The only stipulation is that you cannot have been on another team’s roster – or on waivers from another team – at close of business on March 1st. This makes the March 1st date a waive-by date, not a sign-by date. And that’s why players frequently get waived in the run-up to it, (such as Jamaal Magloire, Brent Barry and Flip Murray have so far) then sign with a new team after it, and still appear in the playoffs. An example of this is Anthony Carter last season with the Denver Nuggets. He and Von Wafer both signed with Denver just before the end of the last regular season, because the Nuggets needed some insurance guards for the playoff push and didn’t want to sign them earlier because they were so deep into luxury tax territory. Vaekeaton didn’t then play in a playoff game for them, but Carter did, and the Dallas Mavericks and Kevin Willis did the same thing. So there we go. Fun stuff.
