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!

John Wall Buyout thread

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Plowman, May 17, 2021.

  1. Astrodome

    Astrodome Member
    Supporting Member

    Joined:
    Apr 23, 2015
    Messages:
    11,377
    Likes Received:
    12,593
    Wall and three 1sts, three swaps to the Nets for James Harden.
     
    amaru, dmoneybangbang, B-Bob and 7 others like this.
  2. raining threes

    Joined:
    Jun 26, 2008
    Messages:
    13,154
    Likes Received:
    8,696
    I'm an idiot

    I'm actually looking forward to the rebuild of the Rockets, Texans.

    Hopefully these new GM's can do as good of a job as Luhnow did.
     
    Nook and mikol13 like this.
  3. Dankstronaut

    Dankstronaut Way, way out here.
    Supporting Member

    Joined:
    Oct 31, 2008
    Messages:
    8,696
    Likes Received:
    11,991
    Right but the Rockets and Texans find themselves in dramatically different situations than Luhnow's masterpiece/chip Astros rebuild. What Tilman and Cal are doing are more akin to Drayton selling off everything of value and eventually the team.

    Oh **** I just gave myself hope :smh:
     
    raining threes likes this.
  4. HROZ

    HROZ Member

    Joined:
    Apr 10, 2018
    Messages:
    1,109
    Likes Received:
    999
    If Wall accepts a payout for $25 million less. The Rockets get $25 million in cap space.

    There really is no team who wants Wall at his price, there's better players out there for less. I mean I doubt he starts on our team next year (Esp if we get Cunningham Green or Suggs)

    And the $70 we have already lost that(At the moment we have lost $90+ million). We save $25 million in this scenario, and hopefully can use that $25 million to find another piece to put next to Wood & PorterJr (& hopefully a top 4 draft pick).
     
  5. YOLO

    YOLO Member

    Joined:
    Apr 16, 2012
    Messages:
    46,688
    Likes Received:
    44,885
    You keep trying to tell people this and it continues to be wrong. Like it doesn't dawn on you that a concept seemingly so simple, you would think more people would have seen that. Big problem though, it doesn't work that way which is why nobody actually says this
     
  6. DaDakota

    DaDakota If you want to know, just ask!
    Supporting Member

    Joined:
    Mar 14, 1999
    Messages:
    124,573
    Likes Received:
    33,571
    I thought we could not use the stretch provision on him.

    DD
     
  7. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,676
    Likes Received:
    25,616
    Patrick!!

    The People hath Spoken!

    Tell yer cheap daddy to buy out Wall!
     
  8. aelliott

    aelliott Contributing Member

    Joined:
    Jun 11, 1999
    Messages:
    5,633
    Likes Received:
    4,338
    I don't believe we can at his current salary. If I did the math correctly, he'd have to agree to buyout his remaining salary to below $81.75m in order to be allowed to stretch his deal.

    I'm not sure that the Rockets would prefer to take a $16m+ cap hit for 5 years rather than just paying out the contract ( reduced or not) and being done with it in 2 years.
     
    DaDakota, Adiano-Malko and saleem like this.
  9. Space Ghost

    Space Ghost Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    15,394
    Likes Received:
    6,417
    Still hurts knowing we could have CP3 AND be done with the contract next year AND pay 3 million less.
     
  10. jimmyv281

    jimmyv281 Member

    Joined:
    Jul 21, 2008
    Messages:
    3,906
    Likes Received:
    1,797
    Somebody will take wall and two first rounders.
     
    DreamShakeFTW likes this.
  11. Adiano-Malko

    Adiano-Malko Member

    Joined:
    Jul 31, 2012
    Messages:
    130
    Likes Received:
    167
    Wooo sahhhh YOLO lol some people like this wo/man haven’t been informed/educated on this particular situation..
     
  12. Adiano-Malko

    Adiano-Malko Member

    Joined:
    Jul 31, 2012
    Messages:
    130
    Likes Received:
    167
    There’s no one who wants to contend for the playoffs next year that has enough garbage contracts to match salary...andddd 2 firsts? Creepy joe: COME ON MAN
     
  13. Adiano-Malko

    Adiano-Malko Member

    Joined:
    Jul 31, 2012
    Messages:
    130
    Likes Received:
    167
    Why would we do that???
     
    coachbadlee likes this.
  14. tycoonchip

    tycoonchip Member
    Supporting Member

    Joined:
    Dec 25, 1999
    Messages:
    7,138
    Likes Received:
    5,635
    Trade him to orlando or sacramento. It's a good place for him to let his career die. Hell it's where basketball goes to die.
     
    amaru and B-Bob like this.
  15. coachbadlee

    coachbadlee Member

    Joined:
    Feb 5, 2010
    Messages:
    28,323
    Likes Received:
    8,740
    What if Wall stays?
     
  16. Corrosion

    Corrosion Member

    Joined:
    Jan 24, 2011
    Messages:
    9,049
    Likes Received:
    11,600

    We can NOT use the stretch provision on John Wall.


    League rules prohibit stretching contracts that exceed 15% of the cap.

    How bad is John Wall's cap figure ? He makes 42.1% of the cap for 21/22.

    $47,366,760//$112,414,200=0.42135
     
    No Worries and DaDakota like this.
  17. Corrosion

    Corrosion Member

    Joined:
    Jan 24, 2011
    Messages:
    9,049
    Likes Received:
    11,600

    Really that's the best option for Stone to take - For Now.

    Getting rid of him just to get rid of him is pointless ....Throwing assets out the window along with him is just stupid.

    Ride it out another season and a half at which time he's a $47,366,760 expiring contract you can package with some of your stockpile of draft picks to bring in an impact player at the 22/23 deadline.
     
    lakersuck2 and mikenm268 like this.
  18. mikenm268

    mikenm268 Member

    Joined:
    Aug 1, 2018
    Messages:
    342
    Likes Received:
    959
    ...AND keep our pick this year guaranteed AND have one more (net) first round pick
     
  19. aelliott

    aelliott Contributing Member

    Joined:
    Jun 11, 1999
    Messages:
    5,633
    Likes Received:
    4,338
    You're misunderstanding the rule. It's not based on his current salary's percentage of the total cap. It's based off of a single year of the stretched payments vs this years cap. Here's the explanation from Coon's FAQ:

    What that is saying is that you can't stretch a player if the total amount owed to waived players in a single year would be greater than 15% of the cap when the player is waived. Here's the calculation (NOTE: I'm using this years cap figure since next year's isn't finalized):

    The current cap is $109.1M.

    15% of the cap is $16.365M

    Wall has two years remaining on his deal ( for the purpose of stretching, player option years get counted as guarenteed money). That means that if Wall were stretched, he would be paid off over 5 years ( two times the number of years remaining plus 1).

    Assuming that we're not paying any other money to waived players then the yearly payment to pay off Wall's deal over 5 years can't exceed $16.365M/ year ( all years have to be equal amounts).

    That means that the most we could pay off would be $16.365M x 5 = $81.825M.

    That's less than Wall is owed, so the only way that Wall could be stretched is if he first agrees to a buyout that reduces the amount owed him to $81.825M or less. Wall is allowed to agree to such a buyout if he wanted to.

    As I said earlier, I'm not sure that the Rockets would want to tie up $16M+ per year for 5 years. It's probably better to just bite the bullet and take the full hit over the next two years.

    The other option, is to hang on to Wall and to hope that at some point before the end of his deal that he has trade value.
     
    No Worries, mikol13 and Corrosion like this.
  20. HROZ

    HROZ Member

    Joined:
    Apr 10, 2018
    Messages:
    1,109
    Likes Received:
    999
    You're so dumb.
    I've literally attached multiple links showing buyouts where players leave money on the table,. When they do that, the money they leave on the table is taken off the cap. Here is another one.

    https://www.google.com/amp/s/www.de...s-blake-griffin-buyout-financial-implications

    Please provide me an article / link. You can't because you're wrong.
    How many times do we need to do this.
     

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