Help Request for posting our Salary Cap commitments

I can't find Salary Cap numbers for the Rockets, so have done the research myself with the aid of several wonderful people from the usenet caves. We have a couple of holes to fill:

Anyone remember what Cato's extension was for? base year $ and # of years.

What is Hakeem at next year?

When we get these two numbers we will have a very close approximation of our salary cap room next year, and will post what we can afford next year and what our exemptions are.

The goal is to get others to offer more accurrate numbers, and eventually being a good reference for the trade/free agent speculation we are facing.

thx for any input

[This message has been edited by heypartner (edited December 14, 1999).]

 

thx. I saw that post. It is very different than what we've been working on. I do appreciate the post, but we happen to dispute some of it.

can you tell me where you got those numbers for Hakeem and Cato. I do not recall cato being that high. In fact, I think that salary is illegal according to the collective bargaining agreement. Here's an excerpt:

Cato would have been paid $6.3 million this year to get that raise. Francis will not be close to that his third year. We do not believe your $7 million is correct.

We have you off by over $1m for Walt. Where'd you get that.

Also, your other numbers are not accurate regarding players in their final year. They only count a small percentage above their current contracts UNTIL SIGNED.

Thus,
Mobley counts 300% cause he's a Larry Bird player, but he's at the minimun, so that's in the $1.6m range he will count UNTIL signed.

Hamilton is minimum with no Larry Bird rights==he'll count the minimun

Massenburg will count approx $1.3 UNTIL signed as a Larry Bird not off rookie scale

Plus the biggie, draft picks only count the slot salary UNTIL signed, which won't be the $3-4mil you suggest, in sum or any other way you slice it.

We are trying to gain some accuracy. We appreciate all input. Tell me where you got you numbers. We'll check them against ours and resubmit. We have calculated a possible $4M available for Maurice Taylor quality. help us here. let's not argue. I'm not trying to proove you wrong.

Let's get this right. thx

 

forget my quote. that's for renegotiations. not extensions. I can't find anything for extensions concerning raising limits other than the maximun salary limit, which is $7.

We have him around $3-3.5, but no way to confirm

 

Dream,

great thanks.

About the backladen stuff...the new CBA has made it easier by imposing maximum raises per year. Hakeem doesnt' fall under that (making it difficult to know w/o insider info what he's making next year). But with Cato, he can only get a 12.5% raise, calculated off the base year (not compounded).

Based on that, we have him down for $5 million next year, with a $625k raise every year. That puts him at $42.5 in 6 years. What do you think?

Some differences we have:
1. Hamilton for one year...you statement about a significant raise the 2nd I believe would be against the new CBA. He would be limited to a 10% raise.

2. I have Tmass in the 3rd yr of his contract. That gives him Bird rights; those rights indeed move to the new team through trades. Anyhow, his salary counts 250% to the cap as a free agent, until signed. that's where I get my number.

3. Francis's deal is easily calculated, the league sets the max in stone for rookies.


Lastly, you mention the ap wires. does the public have direct access to it: or do you go through the news outlets: nbatalk.com

thx again

 

ah...

you saying Cato's 3rd year of his rookie scale (this year) was renogotiated...i don't think that's it.

I believe that's illegal. Rookie scale players can't renogotiate. Think about if they could: you'd have a huge loop hole that would bring hold-out tactics back into play....only this time, it would come after year 1, not before.

I'm totally under the impression he's being paid under his old contract through it's completion. We simply locked him up for another 6 years before he becomes a free agent.

.....

 

yes...i think what we are hearing from the agents is their client doesn't want to talk during their third year...either sign the extension contract now or we walk at the end of year.

i don't read that strategy as implying a renegotiation of the final year of an existing rookie scale contract. Renegotiations are a total different ball of wax, and i'm pretty confident rookie scale contracts cannot be renegotiated. The league locked them in to a scale after Glenn Robinson threatened hold-out for $100m in '94. The scale was introduced in '95.

 

Juan

thx for the input.

A correction: Blinebury's column today called Cato the $42 million man. Can we all agree on the $42.

 

Last post...I think we have a consensus. thx for the dream info.

As for the Cato thing, it is the law now; raises are capped. Signing our own free agents/extension raises are capped at 12.5% raise per year. New acquisitions are capped at 10%. The difference shows the advantage the league is trying to give the home team. Huge back-ended raises aren't allowed anymore.

So, mathematically, if Cato is getting a raise of 12.5% per year, then we can calculate his first year at $5.333 m.

That's where we are coming from. So, it would be:

Base________Accumulating Raises
y1 $5,333
y2 $5,333 + $667
y3 $5,333 + $667 + $667
y4 $5,333 + $667 + $667 + $667
y5 $5,333 + $667 + $667 + $667 + $667
y6 $5,333 + $667 + $667 + $667 + $667 + $667

This adds up to $42 million exactly.

I list raises like this cause they are not compounded 12.5% each year. The raise amt number is set in stone off of the base year.

So, I think I saved you $3m between Cato and Walt, but we underestimated Hakeem. You are clearly right that we are over the cap. There are no Hills and Duncan in the future. No Maurice Taylors probably either, based on your Hakeem numbers.

I'll post our numbers soon.

[This message has been edited by heypartner (edited December 15, 1999).]