2018/19 Lakers/NBA Salary Cap Thread (Please See 1st Post For Salary Values)

Discussion in 'Lakers Discussion' started by vasashi17, Jul 30, 2018.

  1. vasashi17

    vasashi17 Moderator Staff Member

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    So with LABron (not since '96 with Shaq, have we nabbed "the" free agent) about to make his first public appearance and announcement as a Laker today, its a good time to look at our final books, some key upcoming dates and how the rest of 2018/19 free agency has gone so far. (All sourced material is from Spotrac.com)

    LA is capped out and looking at about 106.5m in team salary (roughly 4.5m above the salary cap of 101.9m) for 15 players on the roster (not counting our 2way contracts of Caruso and Wear). We're roughly 17m away from the luxury tax threshold (123.7m) and roughly 23m away from the cap apron (aka hard cap of 129.8m). We are not in any danger of paying tax or being hard capped this coming year.

    Also, we used up roughly all but about 1m of the room exception (4.45m) to sign Beasley. We used the vet min exception (1.5m will show on our books) to sign McGee (who will actually get paid 2.4m since he's a 10 year vet). Other than the remaining 1m of our room exception and vet min exception contracts, we do not have any other exceptions cap, trade or otherwise at our disposal (since we used a portion of the room exception, we do not have the bi-annual exception to use, even though we did not use it last summer). We used our cap space for the rest of our free agents and draft picks this summer (LABron, KCP, Rondo, Stephenson, Moe, Sv33 and Bongo). Out of those signings, only LABron, Moe and Bonga have guaranteed money in year 2 of their new contracts. Carroll, Williams and Berry II take our roster to capacity at 20 heading into training camp and will most likely not make the main roster and instead be invited to our G-League affiliate.

    The Lakers led the league in free agency spending this summer, handing out about 192m in guaranteed new money to 9 players.

    Key dates to pay attention to for the Lakers are: July 31st (trade restriction is lifted off of Moe), August 5th (trade restriction is lifted off of Bonga), August 9th (trade restriction is lifted off of Sv33) and August 31st (Deng must be stretched by then if LA wants to open up nearly 10.6m of cap space THIS summer, otherwise they can stretch him after August 31st to have his 18m apply to our salary cap this coming year and then he would count as 6.3m in dead cap over 3 years vs 7.4m in dead cap over 5 years). All our newly minted free agents can't get traded till December 15th at the earliest.

    Here's the break down of each Lakers player's contract:

    [​IMG]
    View attachment 1730

    So moving past the Lakers this summer, barring a team using the stretch provision, there are only 2 teams remaining with available cap space(Sac and Phx) and only Sac (11m) has notable spending power (vs Phx who has only 1.6m in available cap). Interesting note about Sac is that they sit at 90.8m in team salary and are about 1m below the cap floor (91.7m), yet have 16 guaranteed contracts on the roster. They can only have 15 fully guaranteed contracts on the roster once training camp starts, yet if they waive a player, they still are short of meeting the cap floor. So a trade looks to be in the forecast.

    Other teams to pay attention to are Cleveland, Minnesota and the Heat, who all have only 12 on the roster of guaranteed money and must add a couple more guys before training camp starts. Toronto and GS are sitting on 13 and still need to add 1 more guy to their roster.

    There are currently 8 teams that project to be over the tax threshold (123.7m) and will be tax-payers this coming season: Boston, Miami, Portland, Washington, Houston, Toronto, GS and OKC.

    [​IMG]
    View attachment 1729

    Out of 177 potential '18 free agents, 90 have signed to remain in the NBA. Of those 90 NBA contracts, 1.6B is guaranteed money to these players. Lastly, here are the new contracts to the free agency class of 2018, where only Jokic and Capela were offered 5 years fully guaranteed deals and only LABron, Cp3, Paula and Jokic were given their true maxes in year 1 of their new deals.

    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]
    View attachment 1724
    View attachment 1725
    View attachment 1726
    View attachment 1727

    Also here are the upcoming relevant cap values for the coming summers:



    With those numbers, the summer of 2019 projects to have the year 1 salaries of the 25% (0-6 years) max valued at 27.3m, 30% (7-9 years) max valued at 32.7m and the 35% (10+ years) max valued at 38.2m.

    Barring the use of the stretch provision, incomplete roster charges, unused exceptions and/or waiving unguaranteed contracts, only 9 teams project to have at least enough cap space next summer to offer one 25% max contract:
    Lakers - $28m (#2019lan)
    NY - $38.8m
    Philly - $40.6m
    cLips - $48.7m
    ATL - $53.3m
    Dallas - $57.2m
    Sac - $58.7m
    BK - $64.9m
    Indy - $66.8m

    The free agent market next summer is projected to be less chilly than the one that was this summer, with half the league (15 teams) projected to have at least 20m in cap space available to shop with.

    Please use this thread to discuss, aggregate resources & ask questions about cap related free agency issues in regards to the Lakers as well as any other team. Thx!

    (S/O to @therealdeal & @LaVarBallsDad for the idea/inspiration)
     
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  2. LaVarBallsDad

    LaVarBallsDad - Lakers MVP -

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    Oh, this is nice. Great, great detail. So glad we kept our flexibility - we're prepared to go down any road we want and we kept our assets. Very good job, FO
     
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  3. LTLakerFan

    LTLakerFan - Lakers Legend -

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    Bonga is the KEY to everything.
     
  4. LaVarBallsDad

    LaVarBallsDad - Lakers MVP -

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    I'm thinking at @vasashi17 from a cost perspective: What's the best way to build this team to get the most value out of it? I think the obvious solution is getting rid of Deng's contract without taking any salary back; now because of his participation in the competitive game he was i, I'm hoping a team and another year off his deal, is there as way we can get rid of him and maybe 1 pick and take an expiring back?

    I'm not sure, but I'd love to be able to have a clean slate heading into next summer, and improve this roster...
     
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  5. vasashi17

    vasashi17 Moderator Staff Member

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    @LaVarBallsDad I think the best way to get off Deng's contract is to use it in getting Kawhi back (at .25-.50 cents on the dollar) so that we don't waste a year of Bron's prime. Although this route is unlikely, I proposed this 3teamer with the Raps and Sac in another thread.

    If you consider what BK did with Mozgov (similar contract to Deng), then they attached #45 pick (2018 2nd rounder), a 2021 2nd rounder and 5m in cash for the expiring 24m Dwight contract. The Cats then flipped Mozzy/Grant for Bismack and in the process saved 7m in salary by replacing Dwight's 24m with Bismack's 17m. They then used the savings in that deal to pick up Parker at 5m per. They're currently sitting on 120m in team salary and will not pay the tax accordingly. However, if they held onto Dwight they most likely would be paying the tax.

    So to move Deng we need to look at teams that have large expiring deals looking to shed money to avoid the luxury tax. And that is why I'm looking at Miami who has Hassan who has a 2 year deal, but it can potentially be an expiring via his player option. Miami currently has about 128m in team salary and needs to shed roughly 4.5m to avoid the tax. The difference in Deng/Zu and Hassan's contracts is about 6m.
     
  6. vasashi17

    vasashi17 Moderator Staff Member

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