Question for you guys, is there a way we could possibly buyout one or two of our albotross contracts that we have from the PF's? If so, how does it work? Seems like this could be one answer to getting rid of Taylor's contract
You pay not to have a guy play for you, remember when Matt Maloney stopped hitting ANY threes, this is what we did trouble is he is still on our cap for atleast this year, maybe next too I'm not sure. Mo's value is nowhere near that low yet.
This might help. http://members.cox.net/lmcoon/salarycap.htm BTW... - Are you gonna send us a pic of your 6000+ DVD collection? It's still the sickest amount.
Sure thing, I will take a pic when I get back home today, and probably post it up. We filed each one of them alphabettically in our hall closet. It looks like a libray
Say Mo T continues to diminish his game, can we possibly do this? I am not completely sure, but I think he has another 3 years remaning right? In the link that wilkins posted, it says we have to pay 33.3% of the contractual value. This will be charged to us for each of his remaning seasons. I am sure this is subject to union arbitration, they have to make sure their players get their money, but I don't see Mo T or Spoon helping this team in the near future. Also, if a player retires in the middle of his contracted years, the contract is voided right? Say we could talk MO T into reitring or possibly hire a hand to come shatter his kneecap Tanya Hardding style (JK). I really do not see Mo T making an impact in this leauge anymore than he already has.
Wherever he goes, we Rox fans should get to go to his job and just mule kick him in the ass whenever we are having a bad day, that would be great.
Under any circumstance, his contracted value still counts 100% against the salary cap. The only thing worse than having MoT on your team is taking his 9mil dollar hit on our salary cap and not having a player to show for it. As of now, he still has trade value...even if we have to wait until the final year of his contract. You never know, he could catch fire and start playing well (remember Cato?) or somebody may actually be willing to take him in a trade.
I'm a proponent for being Taylor out this summer, but it will likely take about 12 mill to get it done. The 1/3 amount isn't something you can just stuff down a player's throat (see: Shandon Anderson, Zo Mourning). The player and his agent have to agree to it. The idea of asking him to retire simply isn't realistic; plus, the contract stays on the books for over a year after the 'retirement' anyway (see: Todd MacCulloch, Scottie Pippen). Buy him out for $12 million if that's what it takes (19 mill remains after this year). We wouldn't be under the salary cap either way, but assuming that there's no lux tax, it knocks down our financial obligation and opens a roster spot for the MLE (or trade exception). Juwan's a lost cause - too many years and too much money left on his deal. Spoon, Dike, and Wesley are very tradeable next year as final year players. Evan
Any contract which is "bought out" is amortized over the remaining life of the contract and that amortized amount hits the salary cap. Beyond what he his owed for the remainder of this season, the Rockets also owe Taylor just under $19m for two more seasons. Should he agree to a $10m buyout next summer (don't hold your breath), roughly $5m/year hits the cap. You've saved a whopping $4.5m and you're still well above the cap. As long as the Rockets have McGrady & Yao, they will never be players in the FA market. But like clockwork, the contract "buy out" will be proposed again in about 10-12 days.
All the more reason we have to draft well in the next 2-3 years in order be able to build from within. Hopefully Spanoulis and Badiane can be a part of this next season or thereabout.
oh, there's a way. 7 years starting in 98-99 gives you an ending year of 04-05. amazingly, we are still paying the guy.
Actually, no. We are not still paying him because we did infact buyout his contract. HOWEVER, his full contract amount still applies to our salary cap numbers. This is EXACTLY why we DON'T want to buy out MoT's contract.
That's not how it works. If we had bought out Maloney, then the buyout amount (not the full contract amount) would have been amortized over the remaining years of the original contract for the purpose of the salary cap.. Scroll back up and re-read GATER's post, he's exactly right. Look at the example that he gave. If we bought out the final two years /$17M of Taylors deal for $10M, then we would take a cap hit of $5M for each of those two years that we bought out ( $10M amortized over two years).
Ah, ok. That makes sense. But the fact remains that the only thing we gain is saving a roster spot and we still have to take a salary cap hit. If we keep him, at least we have a prayer's chance of trading him. In the meantime, he is still a big body and a talented scorer. I don't beleive we should simply dump him. That would only make matters even worse than they are now.
I agree Krosfyah-- Mo is a big body and we are committed to paying him. Why not praise and nurture him and see if he can contribute....??I'm serious - if we cannot trade him-(though I think we can find someone to trade with)--baby him or whatever to get the most out of him. Play to his strengths - scoring and picks -you cannot make a racehorse out of a mule -so give up on him being a defensive force- a few rebounds would be nice... Mo does appear to try and help protect Yao and bang with the opposition big man- ineffective but the effort is there. I still like Mo- I would like a banger better, but we need a point guard a badly as we need a power forward.... What if we had a true point guard to feed Yao and create for our older dead head scrubs.. Take some of the load off T Mac...
