Did not know where else to post it As i said above i did not where else to post this, but i have to get a few thing cleared up. I know we have have a ****ty salary cap this year and no draft picks and all that stuff. I was wondering are we gonna have some money for next year, or are we broke for next off-season too. Really appreciate it if someone could reply back.
If the Rockets stand pat.. we have 10 players under contract at 51,662,635.00. Even this is optimistic in that it includes signing James Posey at a required minimum of around 2.5 million for the coming season and still come up with cap money to sign 5 more players to start the season. The bad cap situation ends in 2006/2007 just in time to give Yao a 10 million dollar raise. For the coming season, it seems like the Rockets will just be trying to stay out of luxury tax problems. Here are the salaries for the coming season: Rice.. 9,600,000 MoT.... 7,800,000 Cato..7,344,000 Cat... 5,844,500 SF.... 10,067,750 Yao.. 4,147,560 Mooch.3,600,000 EG.... 2,312,760 Boki.. 1,396,440 JP.... 2,445,747 Posey is a RFA this is the minimum offer.
It's Rockets-related, so it's in the right forum, but I changed your topic subject from "Did not know where else to post it" to the current subject.
You have to get the feeling changes will be made before Rice comes off the books next year. But, as things stand the Rockets would get about 8 million off the books next year. Cutting into that will be the resigning of EddieG and the fact that Posey will require more than 2.5 mil to sign.
I'm not sure what exactly what your point is/was. If you are of the mind that the Rockets will have difficulty filling out a roster (12 are required), then here are a few things worth considering.... 1) The Luxury Tax has never been invoked and with the NBA's additional BRI from Yao Ming, it is not likely to be invoked in the foreseeable future. Therefore, the Rockets are only limited by their own budget, not the avoidance of the LT. 2) The Rockets have James Posey's Full Bird Rights and can offer him whatever Posey's market value is. There are about 23 over the cap teams which can only offer Posey their MLE. Most of the under the cap teams already have Small Forwards or don't want/need Posey (Spurs, Jazz, Nuggs, Clipps). IMO, in the absence of the LT (point 1), the Rox will sign Posey to a deal starting at just over the MLE. 3) The remaining 3-5 roster spots can be filled by any of the following methods - * Taking the Year 4 Team Option on Jason Collier. * Breaking the ~$4.5m MLE into small pieces and use a portion to retain Jauquin Hawkins who only made about $350k and probably wants to return to Houston. * Splitting the remaining MLE money for 1 or 2 experienced role players. * Using the $1.0m vet minium. * Trading Glen Rice's expiring contract for two players. (Unfortunately, one is likely to be a "bad" contract).
damm thats a lot of money that we are spending on some garbage.............for example: Rice, Taylor...........and the one that sticks out the most is Norris thats a lot of money that the rockets are paying him...............i guess taking care of his HAIR puts a dent in his wallet
Ouch! $18M on 3 bench players Rice, Cato, and Taylor. That got to hurt! How much Tony Parker makes? Under $1M a year?
imo, GATER is correct about the Luxury Tax. By all accounts, it will be invoked for the first time this summer, but probably never again. Invoking it "this summer" has nothing to do with Posey's free agency, because the tax will be paid on 2002-2003 salaries. So, why won't the tax be invoked again? Because this past season was a new TV contract that had a one-time shortfall (something like $250m) in revenue versus the previous years. The contract corrects back to previous levels starting next season, so the NBA will get more revenue league-wide. Further, as GATER pointed out, the NBA is landing new TV contracts in Asia that they never had before. Les might say otherwise (the owners have every year regardless of the LT being invoked or not), but the LT should have no bearing on signing Posey. It's too late for that. Exercising his 4th yr option expired at the beginning of the 2002-03 season. Jason Collier is an unrestricted free agent.
How much does disappointment go for on the open market these days? I don't think they will re-sign Griffin at all unless he merits it, which, as of right now, he doesn't.
lol.....some people still don't know all of our bench players are highly overpaid and underachieving............... I would resign Griffin. Either way.....we will be over the cap....so just resign him. UNLESS he's askin for MAX or something.
