Link to the Present: Salary Floor
2012-12-11Nice article today from Jason Lloyd, that clears up a misconception that I have certainly carried. While there is a salary cap floor, the total of the Cavs’ contracts does not need to equal it. If the combined salaries do not meet the salary floor, the difference gets paid out to the signed players.
I’m glad to hear that Grant has even more salary CAP options at his disposal than most of us thought. Two important things to note are 1) salary CAP taxes and such are determined by a team’s roster salary at season’s end and 2) that salary total includes not only the current team roster salary total, but also includes CAP holds and non renounced player and trade exceptions.
It would npt be a great message to the players (even if they get another check) that the Cavs arent even willing to spend the league minimum. that being said, they offered Batum money, I think they will try and get at least to the floor
Yes he is. Which is why the Cavs are going to contend next year. Well him and Waiters and the FA they sign and whomever they get for Andy….
Gee
No one could have ever thought the Cavs would look much better when their best player is back on the floor.
A team with a bright future!
Go Cavs!!!!
Cols,
We definitely all agree on one thing…Kyrie is a baaaaad man.
Never admit errors or show weakness, or Cols will pounce. He’s the commenting ninja.
My question is when is this applied? At the end of the season? Is there a deadline before the season? Just curious how it would affect trades/yadda?
I’m in on the concept that in this new bonkers luxury tax hard cap (except for LAL/NYK/BN) you don’t add a bunch of payroll until you have to. Not that Danny Dan is scared of spending.
Sort of a big thing to be wrong about.
Cols714,
Actually not. I am an unpaid blogger. The consequences of being wrong for me are ZERO. I suppose Colin could fire me. Or I could lose a valued reader (you). I would manage to bounce back from either outcome.
Actually even if I was GM, before I would have signed someone to a stupid long term contract, I would have signed someone to a stupid one-year contract, like Derek Fishers for 1 year, $10 million…so really the team gets nothing either way and still spends $54 million. Maybe my scenario is better though, as at least there’s a big expiring-contract trade chip.