A league source told Insider this afternoon that the preliminary salary cap number for the 2004-05 season will be approximately $43.9 million. Official numbers won't be released to NBA teams until later this evening, but the source claims that the numbers, if they change at all, will only change slightly. http://sports.espn.go.com/nba/columns/story?columnist=ford_chad&id=1839094 How this is going to affect Rox's signing?
You sure?? I always heard $42-$44 (at best) range. Something about the TV revenue preventing it from going up much from last year.
The mid-level exception is expected to come in at $4.95 million. Teams over the salary cap are given an extra $4.95 million to use to sign free agents. They can use it to sign one or multiple players. A six-year contract for the full mid-level will be worth $37.125 million for teams signing another team's free agent. For team's resigning their own free agent, the full mid-level will be worth $38.9 million. The source also claims that the luxury tax threshold will likely be approximately $55 million this year. Again, the figure is around a million dollars lower than what teams had anticipated. Teams that had a payroll in 2003-04 over $55 million will have to pay the league a dollar for dollar tax on every penny spent over the threshold.
If the $55 million figure holds true, nine teams will be tax payers this year. Who are they? The Knicks will have the highest tax bill, an estimated $32.2 million. The Mavericks ($25.8 million), Blazers ($25.3 million) and Timberwolves ($16.4 million) also have enormous tax bills. The Pacers ($2 million), Lakers ($7.3 million), Nets ($6.3 million), Sixers ($4.3 million) and Kings ($8.5 million) were the other taxpayers. I think the market is going to cool down now
Looks like this could affect the Clips pursuit of Kobe too. Pasox2 will in here at any moment wanting to trade Mo and the TE to the Clippers for Elton Brand.
According to my calculations - Rox are at 49.02M in salary. so they would go over the Lux tax if they used the entire TE.
Clippers Roster 2004-05 Roster NUM PLAYER POS HT WT DOB FROM YRS 22 Matt Barnes (FA) F 6-7 235 3/09/80 UCLA '02 1 42 Elton Brand F 6-8 265 3/11/79 Duke '01 5 Lionel Chalmers** G 6-0 180 11/10/80 Xavier (Ohio) R 1 Keyon Dooling (FA) G 6-3 190 5/08/80 Missouri '02 4 2 Melvin Ely F 6-10 261 5/02/78 Fresno State '02 2 5 Eddie House G 6-1 175 5/14/78 Arizona State '00 4 20 Marko Jaric G 6-5 217 10/12/78 Serbia-Montenegro 2 35 Chris Kaman C 7-0 268 4/28/82 Central Michigan '04 1 14 Shaun Livingston** G 6-7 175 9/11/85 Peoria Central HS (IL) R 50 Corey Maggette F-G 6-6 228 11/12/79 Duke '02 5 34 Josh Moore C 7-2 328 11/16/80 Michigan '04 R 24 Doug Overton (FA) G 6-3 190 8/03/69 La Salle '91 11 3 Quentin Richardson (FA) G 6-5 238 4/13/80 DePaul '02 4 21 Bobby Simmons G-F 6-6 235 6/02/80 DePaul '02 3 54 Chris Wilcox F 6-10 229 9/03/82 Maryland '04 2
I think in general this could be something the Rockets were waiting to see. Obviously holding that trade exception, they can work with teams. I doubt the Clips have a real chance at Kobe -- I think he needs honest leverage with the Lakers and only the Clips right now can provide it -- but if the Clips do need to dump a few million, perhaps we're there. No, of course not Elton Brand.... but a Wilcox or Jaric? Just speculating.
the LT numbers are for last year. if last year's salary was above 55M, you some money. ours wasn't so we owe nothing. the 55M has nothing to do with this years payroll and, unless something changed (which that article did not indicate it had) most articles throughout this last season were saying there most likely wouldn't even be a LT this year. so, as of now, it has no bearing on our use of the TE. now, if something new comes out indicating there will be a LT and it is predicted to be around 55M, then that could affect us (and i'm starting to get worried with all the crazy contracts and MLE's being thrown around that players' salaries may take up too much of BRI and activate the LT, though i have no idea how close we are to that threshhold).
