1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Damn, Happy New Year Daequan Cook (waived)

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Shawndme7, Jan 1, 2013.

  1. Carl Herrera

    Carl Herrera Contributing Member

    Joined:
    Feb 16, 2007
    Messages:
    45,153
    Likes Received:
    21,570
    [​IMG]
     
  2. HI Mana

    HI Mana Member

    Joined:
    Mar 24, 2006
    Messages:
    1,335
    Likes Received:
    881
    To me, it seems clear that the minimum signings of BevMo and Mr. Anderson are a way for the Rockets to get their ducks in line for next year's free agency. As some crazy superfan has stated in the past, in order to maximize their cap room next summer, the Rockets will have to waive Delfino by June 30th, and renounce their rights to Toney Douglas. That will put the Rockets at 10 players under contract, with roster charges for two second-year minimum salaries and 2 key members of this year's rotation lost. Rather than try and fill those spots with washed-up veterans or undrafted rookies after spending all their cap space, the Rockets have been proactive and filled it with two guys who will have significant experience with Houston by the conclusion of the year, and could possibly be relied upon for rotation minutes next year.

    It's a small detail, but one that I absolutely admire from this management team. If the two new guys bust, they haven't lost anything except some minimum salaries. If they manage to have Agent Smith levels of impact, they're absolute steals that will allow the Rockets to carry the equivalent of 3 maximum contracts (Harden, Lin+Asik, Savior X), while still being able to easily use the non-Taxpayer MLE in 2014/2015 and retain Smith in restricted free agency.
     
    3 people like this.
  3. gnozahs

    gnozahs Member

    Joined:
    Nov 7, 2012
    Messages:
    2,847
    Likes Received:
    33
    Cook signed with the Bulls. Best of luck.
     
  4. BimaThug

    BimaThug Resident Capologist
    Supporting Member

    Joined:
    Mar 24, 1999
    Messages:
    8,346
    Likes Received:
    4,834
    Agreed on the overall strategy, although I'll just point out that the "roster charges" are only at the rookie minimum salary amount, so from a purely cap space maximization standpoint, having Anderson (or any other player from this year's roster) on the payroll for next year would actually LIMIT the Rockets' total cap space, albeit by a very small amount.
     
  5. hooroo

    hooroo Member

    Joined:
    Oct 16, 2003
    Messages:
    18,912
    Likes Received:
    1,504
    Cook's contract wasn't guaranteed?

    Source: nbcsports.com

     
  6. HI Mana

    HI Mana Member

    Joined:
    Mar 24, 2006
    Messages:
    1,335
    Likes Received:
    881
    My mistake on that, I assumed they treated the rookie minimum the same as team salary and scaled it up so as to not dissuade teams from signing vets. I have to imagine that one of Morris and Patterson is gonna go during the draft, so overall this may be a moot point anyway.

    There's just too much overlap between the skills of Delfino/Anderson and Douglas/Beverley to be a coincidence.
     
  7. BimaThug

    BimaThug Resident Capologist
    Supporting Member

    Joined:
    Mar 24, 1999
    Messages:
    8,346
    Likes Received:
    4,834
    Agreed on the additions and their fit.

    FYI, in determining "team salary" for SALARY CAP purposes, it is the player's actual salary that counts. In other words, a rookie minimum player would only count for the rookie minimum, and a 10-year vet minimum player would count for his full salary (both the two-year vet minimum salary paid by his team plus the extra amount paid by the league).

    It is in determining "team salary" for LUXURY TAX purposes in which the two-year veteran's minimum salary amount is used for all minimum-salaried players.

    The more you know . . . ;)
     
  8. Skyhoop

    Skyhoop Member

    Joined:
    Dec 4, 2012
    Messages:
    683
    Likes Received:
    43
    For eligibility for Bi-Annual Exception, Taxpayer Mid-Level Exceptions, Non-Taxpayer Mid Level Exceptions, and Sign and Trade restrictions, the two-year veteran's minimum is used for minimum salaried players, not the actual salary paid.
     
  9. BimaThug

    BimaThug Resident Capologist
    Supporting Member

    Joined:
    Mar 24, 1999
    Messages:
    8,346
    Likes Received:
    4,834
    ...which all directly relate to the LUXURY TAX system. :p
     
  10. Skyhoop

    Skyhoop Member

    Joined:
    Dec 4, 2012
    Messages:
    683
    Likes Received:
    43
    When people talk about the Cap Hit, or trying to figure out if the team is staying under or going over the salary cap, this is what they're talking about. The 2yr Veteran's minimum, not the actual salary.
     
  11. SC1211

    SC1211 Contributing Member
    Supporting Member

    Joined:
    Feb 17, 2009
    Messages:
    3,128
    Likes Received:
    1,138
    Do we have confirmation that this report is true? Would be interesting to know.
     
  12. BimaThug

    BimaThug Resident Capologist
    Supporting Member

    Joined:
    Mar 24, 1999
    Messages:
    8,346
    Likes Received:
    4,834
    Edit/Delete.

    My bad. I was confused. I know what a "cap hit" is, but you are correct about the two-year vet minimum salary counting for cap purposes.

    I had been thinking a lot lately about the concept of OFFSET, which DOES use actual salary for its calculations. My brain was still stuck in that mode when this issue came up.

    This is also why I shouldn't talk salary cap stuff while watching a Texans playoff game!
     
    #92 BimaThug, Jan 5, 2013
    Last edited: Jan 5, 2013
  13. Skyhoop

    Skyhoop Member

    Joined:
    Dec 4, 2012
    Messages:
    683
    Likes Received:
    43
    Thank you for your clarification.
     
  14. BimaThug

    BimaThug Resident Capologist
    Supporting Member

    Joined:
    Mar 24, 1999
    Messages:
    8,346
    Likes Received:
    4,834
    All that stuff I wrote that you just quoted is true (about the difference between the salary cap and the luxury tax). That stuff is all good for you to know.

    However, as you can see above, I have deleted that post, because you were actually correct (and I was wrong) about the end result of the two-year veteran's minimum salary being what counts towards team salary for cap purposes.

    Sorry for the confusion.
     
  15. larsv8

    larsv8 Contributing Member

    Joined:
    Nov 11, 2007
    Messages:
    21,663
    Likes Received:
    13,914
    Whats to stop the Rockets from tying up players via D-League contracts?

    IE Machado released and signs deal with RGV for similar numbers.
     
  16. Carl Herrera

    Carl Herrera Contributing Member

    Joined:
    Feb 16, 2007
    Messages:
    45,153
    Likes Received:
    21,570
    Bima,

    I wonder if there is any trade, among those that the Rockets actually are interested in making, that can be done with Cook's contract but not without it.

    It seems that unless the incoming salaries goes up into the Pau Gasol territory ($19M), trades can still be made to fit under salary cap rules without too much more difficulty than they would be with Cook.
     
  17. Skyhoop

    Skyhoop Member

    Joined:
    Dec 4, 2012
    Messages:
    683
    Likes Received:
    43
    Yes, I was already conversant with the differences between Apron, Salary Cap, and Luxury Tax thresholds after immersing myself in Larry Coon's cap stuff for the past year or two. Glad to see I was right. No worries about the error, I get confused sometimes too when multi-tasking and the error you made was perfectly understandable. I did get confused at first since your assertions didn't seem to accord with what I learned from Larry Coon's writings. I'm glad we got that resolved.
     
  18. BimaThug

    BimaThug Resident Capologist
    Supporting Member

    Joined:
    Mar 24, 1999
    Messages:
    8,346
    Likes Received:
    4,834
    I believe all D-League contracts have an "out" for NBA call-ups. Could be wrong about that, though.

    Also, no one in the D-League makes anywhere close to the rookie minimum. Plus, there's no five-star hotels and ludicrously large per diems on the road. No one's going to turn down the NBA to stay in the D-League.
     
  19. Skyhoop

    Skyhoop Member

    Joined:
    Dec 4, 2012
    Messages:
    683
    Likes Received:
    43
    D-League contracted players are typically paid less than NBA-Contract players who are on D-League assignment. Further, signing a player to a D-League contract (as opposed to an NBA contracted player who is sent to the D-League on assignment) does not allow the team to retain any rights. That means if a player plays well in the D-League, and he is under a D-League contract and not an NBA-contract that is still in effect, he can sign with any team and the Rockets wouldn't be able to stop him, since the Rockets would not hold his rights.
     
  20. mirus

    mirus Member

    Joined:
    Sep 1, 2012
    Messages:
    1,297
    Likes Received:
    22
    <blockquote class="twitter-tweet"><p><a href="https://twitter.com/search/%23Bulls">#Bulls</a> sign free agent guard Daequan Cook (@<a href="https://twitter.com/dc4three">dc4three</a>) <a href="http://t.co/6LVENogW" title="http://bit.ly/138FzlU">bit.ly/138FzlU</a></p>&mdash; Chicago Bulls (@chicagobulls) <a href="https://twitter.com/chicagobulls/status/287955274902409216" data-datetime="2013-01-06T16:14:22+00:00">January 6, 2013</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now