Yi Movement and the Salary Cap
The Salary Cap affects our decisions regarding the Draft, including whether or not we trade up.
According to HoopsHype, The Warriors 2007-2008 Salary number will be at 55 million BEFORE offers to Pietrus, Barnes, Powell, Taft, and Azubuiki.
If we were to get Yi (somehow) with, for example, the 5th pick (he should go between 3-7 from what I've seen recently- his stock is rising), the Salary would be 2.5 million. This would put the W's at 57.5 million, with the Cap likely to be at roughly 56 million (it was at 53 million this year). No matter how you put it, the Ws are at the Cap after this pick. (BTW, the 18th pick gets 1.12 million, which would put the Warriors at 56.1 million)
The difference is 1.4 million. Now in trading up, it's unlikely we would shed any salary at all. Our huge salaries (i.e. the ones that are 8 mill plus) aren't appealing for a team moving down in the draft. Most likely, the price for moving up will be young cheap talents or future picks.
Pietrus would cost 7 million minimum, and Barnes is likely to get 3-4 million somewhere. The mid-level exception is all we'd have, and that assumes either of those players would take a 1 year deal (longer would jeopardize extensions for Biedrins and Ellis, which are going to be problematic anyways). Also, we must have 12-13 contracts, so we must sign at least 3 players out of Pietrus, Barnes, Powell, Taft, Azubuiki, or other options.
In the end, taking on another 1.5 million for Yi might not sound like a lot, but the Luxury tax is at 65 million, so we have 7.5 million left for 3 players if we take Yi (again, this all assumes we somehow get the higher pick-I'm not thinking about how; I'm just checking out if its even pragmatically possible). With 7.5 Million, Pietrus is impossible, Barnes is barely possible, and 3 vet. minimums would barely fit.
Also, for 2008, the Warriors already have 50 mill. in salaries just for JRich, Baron, SJax, Harrington, and Foyle. Even if the Lux tax hits 70 mill that year, 20 mill. is not a lot for 7 roster spots, including needed contracts for Biedrins and Ellis, both restricted FA's.
So, when looking at Yi, remember that not only do we have to trade for the pick, but we also pay an crucial additional 1.5 million, and we leave only 7 million in play money this year, 17 the year after that.
This FanPost is a submission from a member of the mighty Golden State of Mind community. While we're all here to throw up that W, these words do not necessarily reflect the views of the GSoM Crew. Still, chances are the preceding post is Unstoppable Baby!
0 recs |
15 comments
Comments
Don't worry!
According to Coon: "teams may sign their first round draft picks to rookie "scale" contracts even if they will be over the cap as a result." This is called the Rookie Exception. So even if it puts the Warriors over the cap they can still sign their first round pick.
Also according to realgm.com the Warriors have a Mid-Level Exception (worth about $5.5 mil next season) and a Bi-Annual Exception (worth $1.83 mil in 07-08). Somewhere I read that Barnes will be seeking a contract around $27 mil over 5 seasons, so I think they could get him with the Mid-Level. I doubt Pietrus would be happy with the Bi-Annual but maybe they could get a solid veteran back-up PG for around $1.83 mil. Realgm also says the Warriors have a trade exception (doesn't state how much though) that would allow them to take back more salary than they give up and maybe it would be useful in trading for that big-time PF that everybody wants.
As far as signing our first-rounder though, I wouldn't be worried. I've never heard of any team unable to do so because they are over the cap.
by miguelito on Jun 4, 2007 6:20 AM PDT reply actions 0 recs
I think you misunderstood
You can still spend plenty of moneys when you are over salary cap, but if you are over the luxury tax threshold (usually 10~15 million more than the salary cap), it becomes a tough pill for the owner of the team to swallow because for every dollar you are over with (the luxury tax threshold), you are charged with a dollar 'penalty'. Even Mark Cuban had a hard time taking that and that was why he waived Michael Finley.
by MightyReds2020 on Jun 4, 2007 2:28 PM PDT up reply actions 0 recs
Wow!!
by KillaCrossOver on Jun 4, 2007 9:36 AM PDT reply actions 0 recs
If we were to get Yi ?
by Skeptic con Urquell on Jun 4, 2007 10:14 AM PDT reply actions 0 recs
Pietrus getting 7 million?
For the record I would not bring Pietrus back for more than 3 million/year and the most I'd give Barnes is 4-5. The warriors need every inch of caproom they can get to resign Biedrins and Monta and the two players mentioned above simply don't do anything JRich, Al, and Jackson can't.
If they trade up for Yi then one of the core players in the rotation would probably be involved in the trade and that would change the warriors' cap number. Personally I don't see Yi or either of the players above in a warrior uniform next year but my opinion doesnt matter and we will see what happens.
by BingBluNT on Jun 4, 2007 11:36 AM PDT reply actions 0 recs
buyout foyle
by Mdawg851 on Jun 4, 2007 1:10 PM PDT reply actions 0 recs
buyouts only happen...
by ThermoElectro on Jun 4, 2007 3:15 PM PDT up reply actions 0 recs
buyouts only happen...
"when both sides agree to it"
It would be better for da'Donal to buy out cohan and take over the team. He'd make a great owner and could then order nellie to let himself play !
by Skeptic con Urquell on Jun 4, 2007 3:58 PM PDT up reply actions 0 recs
Chad Ford...
by atang34 on Jun 4, 2007 4:10 PM PDT reply actions 0 recs
He said they were the Yi sleeper
by Mdawg851 on Jun 4, 2007 4:29 PM PDT up reply actions 0 recs
There's one sure fire way to get Yi.....
by ThermoElectro on Jun 7, 2007 4:13 PM PDT up reply actions 0 recs
there are only two
by commish on Jun 4, 2007 8:52 PM PDT reply actions 0 recs
DON'T FORGET ABOUT SARUNAS
IMO I wouldn't resign PIETRUS unless we got him for a 6 pack! I used to like him and had my hopes up each year for improvement and there's no sign of it whatsoever! I started getting tired of NELLIE's substitution in the JAZZ series, because instead of putting someone like POWELL in to body up on BOOZER and try and grab boards, he would put in PIETRUS who would commit fouls left and right. Maybe if he's gone, we won't have that issue!
by scottiepimppen on Jun 4, 2007 10:14 PM PDT reply actions 0 recs
Don't forget
Pietrus has one shot...3-pointer from the corner, and he can barely even make lay-ups. DO NOT RESIGN HIM, and give Barnes some money instead. Knowing Mullin though he'll pay Barnes WAY too much, just like he did for Foyle, J-Rich, Murphy, and Dunleavy. We need to stop thinking about trading up, and just accept the fact that we are going to draft Rudy Fernandez, Thaddeus Young, Josh McRoberts, Sean Williams, or Jason Smith. We're too low to trade up, and no one wants our 2nd tier role players like Barnes, Pietrus, Sarunas, etc. They all want Monta, Biedrins, or Baron, which are all untouchable in Mullin's eyes.
by Mdawg851 on Jun 4, 2007 10:57 PM PDT up reply actions 0 recs
yi's popularity
But who would want to trade their pick in this deep draft? There's no better year to take a gamble on a pick than this year with all the potential out there.
by ballerjl on Jun 5, 2007 2:38 PM PDT reply actions 0 recs

by 




















