Golden State's Cap Situation

Discussion in 'NBA General' started by Vintage, Aug 21, 2003.

  1. Vintage

    Vintage Defeating Communism...

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    Anyone doubting what GS has been doing should re-examine all the trades they have done. Its clear GS is rebuilding. And they are dumping cap. Smart moves.

    Jamison, Welsch, Fortson, Mills
    for
    Van Exel, Eschmeyer, Johnson

    GS had to do this trade. Why? Dump cap. They were over the luxury tax threshold before any of these offseason moves took place. They couldnt bring back Arenas. They lost. There's no point in paying the luxury tax for a team that will be near the bottom of the league(and w/o Arenas, thats likely where they would have been). They wanted to unload Forston last season. Forston wanted out as well. Thats why Forston didn't get too much PT last season. GS would have settled for anything for him. To dump him, they had to include a good prospect in Welsch as incentive. Thats why this deal went down. It reduces the payroll now; and in the future.

    Robinson
    for
    Sura

    Robinson gives the Warriors size upfront, as well as someone who can shoot from the outside. Sura wouldn't have gotten much PT bec. GS will give it to Pietrus, Dunleavy, Richardson in hopes of developing them faster.

    So where does their cap situation sit at?
    Great, to say the least. NVE has a player option on his contract after this season. My guess is he will opt out, becoming a FA. He wanted out of Denver badly. GS will be like Denver. He will want out. Great for GS. More cap gone. If he doesn't, in 05, GS has a team option, which they most certainly decline(bec. it will be Ming Free Agency Run time).

    Dampier has a player option in 04. My guess is he will use it, bec. he wont get anywhere near $8 million in FA. This kind of hurts GS, bec. they'd like to sign him back for a cheaper salary, but it makes no sense from Dampier's stand point. So this is $8.7 million against GS's cap.

    Avery Johnson's contract expires after this season. GS will not resign him. I doubt he sees much PT in GS to begin with.

    Robinson's contract is a 2 year one. It will be expired before the Yao Ming FA sweepstakes; so this doesn't harm GS's chances.

    Foyle's contract expires after this season as well. GS might retain him at around his current salary, but for now, lets say they don't.

    Dunleavy will have a team option on him, which GS will definetly exercise. So this will count as $4.5 million against GS's cap.

    Eschmeyer will be under contract as well. He will count as $3.4 million against the cap

    Pietrus will be under contract as well. He will count as $1.9 million against the cap

    Now comes the tricky part. Murphy and Richardson will be RFA. If GS renounces them, their team salary cap will be at around $27 million(including 04 1st, 05 1st, 06 1st and 2nd rounders)

    Now, the cap level will have increased as well. Just throwing out a random guess, it could be around $52 million.(it doesn't increase much after each year).

    So, GS should have somwhere around $20 to $25 million in cap room. Thats enough to max out Ming($10 million as starting salary), and resing Murphy and Jamison to reasonable contracts. PG will still be up in the air(do they keep Claxton? FA? Draft picks in previous drafts?)

    Ming/Murphy/Dunleavy/Richardson/Most likely a draft pick----

    That could be what GS is hoping for. GS cannot offer as much money as Houston can, but GS can offer a large Asian population; something Ming might want over money. It should be interesting to see how all of this unfolds.
     
  2. mike18946

    mike18946 JBB

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    Robinson has two years, $10 million remaining on his contract. So Trading for Robinson means the Warriors really have no shot at clearing cap space for next year. However, in 2005, when Nick Van Exel comes off the cap, they will have significant cap room if the team chooses not to re-sign Robinson, Adonal Foyle, Jason Richardson or Troy Murphy...but thats a big IF...As GS are high on Murphy....But I Wouldn't be surprised to see them trade Foyle for a bench warmer in the last year of his contract to help clear more cap...
     
  3. txuonline

    txuonline JBB Banned Member

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    interesting. hopefully Foyle would go to a team that i want him in...
     
  4. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    Here is a rebuttle for you Vintage:

    <div class="quote_poster">Quote:</div><div class="quote_post">As for the cap room that the Warriors are promising? It's a mirage.

    Next summer, assuming the cap stays at $43.8 million and the team doesn't re-sign Adonal Foyle (and letting him go would be another big loss), they'll have around $4 million in cap space. However, given that the team will suck, they'll have a high lottery pick that should take most of that. The cap hold on the No. 4 pick, for example, will be around $3 million, essentially erasing any cap room for the summer of 2004.

    In 2005, the situation gets better. Van Exel's contract is not guaranteed for the 2005-06 season. The team's cap number will be at roughly $26 million (including last year's first rounder). However, that assumes the team lets Richardson and Murphy (both will be restricted free agents) walk away. Add in another high lottery pick, and their payroll is at $29 million. If the Warriors decide to re-sign Richardson, Foyle, and Murphy they can kiss their cap room goodbye.

    In 2006? Dampier's and Claxton's contracts come off the books. That will leave the team with enough cap room to either re-sign Dunleavy, who becomes a restricted free agent, or to dump Dunleavy and go after two top-tier free agents.

    Of course, we all know how top free agents flock to bad teams with lots of cap room. Just ask Kiki Vandeweghe in Denver or Kevin O'Connor in Utah or even Jerry Krause, who tried that strategy in Chicago.

    The only two scenarios where the Warriors see the light of day?

    1. Van Exel's contract only becomes fully guaranteed next year if he meets certain performance incentives. If Van Exel falls short of those benchmarks, the Warriors could buy him out for $2.5 million next summer. However, according to league sources familiar with Van Exel's contract, it's unlikely that will happen. His contract is not guaranteed for the 2005-06 season.

    2. The Warriors aren't done dealing. The team has been talking with the Grizzlies about a multi-team deal that would send Erick Dampier to Memphis for Wesley Person. That move would clear another $8 million off the cap for next summer and give the Warriors some real wiggle room. However, one league source claimed that talks stalled after the Warriors struck their deal with Dallas.</div>

    Source: ESPN Insider
     
  5. mike18946

    mike18946 JBB

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    <div class="quote_poster">Quote:</div><div class="quote_post">The Warriors aren't done dealing. The team has been talking with the Grizzlies about a multi-team deal that would send Erick Dampier to Memphis for Wesley Person. That move would clear another $8 million off the cap for next summer and give the Warriors some real wiggle room</div>

    Very interesting indeed,that will be good for the Grizzles as they badly need a center....While helps clear more cap room

    GS have said they will make a run at Yao Ming in 2006..so all the cap they are clearing now is for Yao....They could offer good money..
     
  6. Vintage

    Vintage Defeating Communism...

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    <div class="quote_poster">Quoting allnet:</div><div class="quote_post">Robinson has two years, $10 million remaining on his contract. So Trading for Robinson means the Warriors really have no shot at clearing cap space for next year. However, in 2005, when Nick Van Exel comes off the cap, they will have significant cap room if the team chooses not to re-sign Robinson, Adonal Foyle, Jason Richardson or Troy Murphy...but thats a big IF...As GS are high on Murphy....But I Wouldn't be surprised to see them trade Foyle for a bench warmer in the last year of his contract to help clear more cap...</div>


    They are clearing cap room for 2 offseasons from now. In other words, the offseason when Robinson becomes a FA.

    NVE has a player option. Watch him opt out of his contract after this season. He hated the losing in Denver, why would losing in GS make him want to stay there?

    And yes, I realize GS is high on Murphy. I said they would resign him in my post.
     

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