Salary Cap is our best friend.

by miggyk2 on Jul 22, 2008 1:59 PM PDT Comment 25 comments

I just finished crunching some numbers and it appears that the Warriors have 41 million dollars committed to their players this coming basketball season. The salary cap is set at 56.68 million dollars giving us 17.68 million to sign our own high profile restricted free agents. Monta and Beidrins will likely take up the bulk of that money with their lucrative contracts they are sure to sign any day now. Does this mean that Josh Smith is out of the picture and was simply a fabrication of many warriors fans dreams? Not necessarily. There is a beautiful clause that the NBA has set aside for teams who have superstars hitting free agency, but have no salary flexibility to resign their studs. The clause is known as the Larry Bird Exception. A team at the summit of the salary cap is able to exceed the caps limit and offer their star a max contract with no salary cap penalty as long as that player has been on their team for 3+ years. This is something the Warrior's front office must utilize. Beidrins and Josh Smith can be offered salaries that total 17.68 million and Monta can be signed using the Larry Bird Exception with no luxury tax applied. Do you really want some cap flexibility? Trade Al Harrington in a Marcus Camby type deal. Find a team with cap room and deal Al and a future second round pick for their second round pick. This would give the warriors a 26.48 million dollar window for free agent signings and the ability to sign Beidrins or Monta with the Larry Bird Exception. Hopefully the front office is crunching numbers as well.

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!

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no way this is right

by racsan on Jul 22, 2008 2:30 PM PDT reply actions 0 recs

Garnett

You think we still have a chance for garnett.
ha ha in another lifetime when mullin’s not the GM thinking he know managing when he can’t manage himself.

by goldenstatewarriors on Jul 22, 2008 2:47 PM PDT reply actions 0 recs

Who said we’re still pursuing Garnett? Boston won’t give him up (or let him down, etc.)...are you sure it’s not you who thinks we have a shot? Nothing wrong with crunching numbers.

by J-Triumf on Jul 22, 2008 11:49 PM PDT up reply actions 0 recs

With that known fact

After all the articles going around about Josh Smith and Emeka Okafor, why do we not pursue them?? Both Atlanta and Charlotte have not made solid offers to lockdown their cornerstone players. Let’s make a run at them and see if we can’t persuade them to come to the Bay. Hear me out first.
With our current roster, we do not have a powerhouse rebounder. We have Andris Biendrins who is a center purely by his size. He does not change many shots nor does he rebound in bunches. What if we do a sign and trade sending Andris Biendrins for Emeka Okafor? I am sure that the Warriors would rather take a chance at acquiring him rather then waiting to outbid all those teams in the 2010 for LeBron or any of those other FA. Plus, we can still sign Monte Ellis to a long term deal.

Then in the second part of my master plan, we could also do a sign and trade to Atlanta for Josh Smith and send them an expiring contract in Al Harrington along with an unprotected first round draft choice in 2009. This will give them the cap flexibility to pursue that big name player in 2010. What do you all think?

by KillaCrossOver on Jul 22, 2008 2:55 PM PDT reply actions 0 recs

We don’t have the resources to go after Smith or Okafor through free agency. The original diary poster has numbers that aren’t in line with reality.

The hypothesized “sign and trade” requires that we come to terms with Okafor and he wants to come here, that Charlotte comes to terms with Biedrins and he wants to go there and both teams are happier with the terms with the new players than with the option to deal with the guys we’ve got. Seriously, everyone should step back and pause and remember that sign-and-trades are not something that teams just get to do. The player has to agree as do the teams. In this case, the double sign and trade probably makes it 4 times as difficult to pull off. It’s usually something that agents put together when they’re at a roadblock in negotiations.

by jae on Jul 22, 2008 3:10 PM PDT up reply actions 0 recs

Not only that jae

A player can agree to the contract, and even sign it, and then have it expire after 48 hours.

No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on

by pookeyguru on Jul 22, 2008 3:48 PM PDT up reply actions 0 recs

Andris doesn't rebound in bunches?

Well, maybe I am misunderstanding what you mean by that, but at any rate, however he rebounds it is damn effective.

by belilaugh on Jul 22, 2008 4:00 PM PDT up reply actions 0 recs

Don't Forget Foyle's Salary

As I recall, Adonal still counts about 9 mil towards the salary as a result of his buyout

by mr_mean on Jul 22, 2008 3:00 PM PDT reply actions 0 recs

actually its around 6

by Nellieball on Jul 22, 2008 3:10 PM PDT up reply actions 0 recs

6.4 million

Reduced from 9 million because of his contract buyout, but still a chunk of change no matter how you cut it.

by centerre on Jul 22, 2008 4:12 PM PDT up reply actions 0 recs

Josh Smith is out of the picture. Okafor is out of the picture. We don’t have anything close to the space to go after them.

The cap is $58.68 million, not 56.68.

I’m not sure how you computed the numbers, but the team has active contracts for about 45mil, including the payout to Foyle (about $6.7 mil this year), but NOT including money for Azubuike (who takes up $3mil in space until he’s not matched, else he takes up $3 mil for the season to play for us), Hendrix (who hasn’t received a contract yet, but will almost invariably cost 412K for the rookie min), CJ (we haven’t picked up the option yet), or Ellis or Biedrins.

The cap holds for Ellis (a shade under a mil) and Biedrins (7.9mil) take up space until they’re signed. This is just space they eat up until signed. This means presently the team is just a shade under the cap threshold with Azubuike aboard or about $3mil under if he leaves.

We do not need to have any regard for cap space to keep Biedrins or Ellis, but I suspect that they’ll want to stay under the tax threshold. Paying tax for a team that is still outside shot to make playoffs seems pretty foolish. Unless you’ve got unlimited money (e.g. Cuban) you’re willing to spend, eventually, foolish decisions for mediocre teams means less money to spend and less opportunities to make good decisions when you’re actually on the verge of something. I do not presently think this team is on the verge.

by jae on Jul 22, 2008 3:05 PM PDT reply actions 0 recs

Yeah I was going to say something about the cap holds

But you beat me to it. Cap Holds are tricky subjects for casual fans, and they don’t realize that a team can have an expiring contrat and not have cap space. The Warriors don’t have any cap space until they start renouncing players basically.

No mistakes in the tango, darling. Not like life. It's simple. That's what makes the tango so great. If you make a mistake, and get tangled, you tango on

by pookeyguru on Jul 22, 2008 3:50 PM PDT up reply actions 0 recs

jae.....can you please post

that one document you posted a couple of months ago on the W’s player-by-player salary analysis (as far as what is already 100% committed) ? I think it was from 2007-2008 through like 2011 or something like that (Excel spreadsheet ?)....very informative chart, I just can’t find it anywhere on here anymore. That should clear all of this nonsense up for everyone.

Thanks !

by All About The W on Jul 22, 2008 3:57 PM PDT reply actions 0 recs

I wish I could find that. I’ve got my own spreadsheet, but it’s a total mess.

by jae on Jul 22, 2008 6:33 PM PDT up reply actions 0 recs

We have appx. 4 million to sign an player leaving just enough

to sign Ellis and Andris for appx.17 million before we enter luxury tax land. So as it si we will sign Marcus Willaims, match Azibuke at 3 M/per and then sign Beidrins and Monta. Whent he dust setlles we will be out of cap room and just under luxury tax line. Done deal. If we are to make any other deals it will involve AL and his 9+ Mill. I personally like our team at tyhat point and are mcuh depper than last year. 7th or 8th seed.

by smearthebeard on Jul 22, 2008 4:03 PM PDT reply actions 0 recs

Cap revised

Corey Magettee: 10,000,000
Steven Jackson: 7,140,000
AL Harrington: 9,226,250
Ronny Turiaf: 4,500,000
Kosta Perovic: 1,634,000
Brandan Wright: 2,497,320
Richard Hendrix: Aprox 460,000
C.J. Watson: Aprox 1,000,000 unless we renounce
Anthony Randolph: 1,709,280
Marco Belinelli: 1,446,720
Marcus Williams: 1,262,520

Adonal Foyle 6,400,000

With the addition of Adonal Foyle’s 6.4 million the total salary committed for next year is just over 48 million. The point of my post was to demonstrate that we had the ability to sign additional free agents and exceed the cap limit with no penalty by using the Larry Bird Exception or the qualifying veteran free agent exception. Also if Al Harrington is moved via salary dump by trading him for a pick, which has no monetary number associated with it, we will free up $9,226,250. I never mentioned a sign and trade and I am also assuming that Kelena’s offer from the Clippers will not be matched. Al’s salary becomes essential to this equation. If his contract is moved the Warriors would have enough flexibility to take on a larger contract.

Eveland rocks! Eveland rocks! Somewhere Drew Carey just smiled.

by miggyk2 on Jul 22, 2008 5:35 PM PDT reply actions 0 recs

I do not know what Maggette will be getting this year, but his contract was rumored to average $10mil/year. If he starts at the low point and gets the maximum allowable raise, he’ll start at $8.62m. If they’re clever and though that they’re done with the free agents, they’d front load it a bit, to at least have it escalate slower as in years to come, this means salaries either go down or stay even when the cap goes up.

Harrington is very unlikely to be traded for a pick, since the only team left that can absorb his salary is Memphis. Are they stupid enough to give us a pick for him? If they did, I’d send him on his merry way in an instant but I don’t see that happening.

by jae on Jul 22, 2008 6:33 PM PDT up reply actions 0 recs

it would of happened already if that was an option

it looks like were stuck with him unless mully can package him with someone.

by Rach on Jul 22, 2008 8:33 PM PDT up reply actions 0 recs

Free agency is young man. A deal happened today (Williams) so I think it is plausible that a deal could be down the road in regards to trading Al.

Eveland rocks! Eveland rocks! Somewhere Drew Carey just smiled.

by miggyk2 on Jul 22, 2008 8:45 PM PDT up reply actions 0 recs

That incremental raise would benefit us if we are going to sign more free agents. As I said a trade involving Al would be Al and our second round pick for their second round pick. Memphis, if that is the team that chooses to trade for Al, would gain a PF and have a lateral trade of picks. They could even have a clause that swaps picks in the likely event that their pick is in fact better than the one they received.

Don’t discount the Bulls as well. Deng, Gordon and Heinrich most likely will not all be on the books for this coming year.

Eveland rocks! Eveland rocks! Somewhere Drew Carey just smiled.

by miggyk2 on Jul 22, 2008 8:38 PM PDT up reply actions 0 recs

Heinrich is signed for a long term deal already

Deng is valuable and they’d be stupid to just let him walk. They would at least do some sort of S&T thing. Ben Gordon, whoop-dee do, so they just let him walk. They still won’t have enough money to just absorb Harrington’s contract. I don’t even have to run the numbers.

by Dubs fan in Boston on Jul 23, 2008 7:37 AM PDT up reply actions 0 recs

rather than go after a superstar rfa

that could get matched leaving us with nothing for our efforts, i would rather go after somebody like jr smith who can actually make the threes he shoots, and trade jax, tmnt, wright for bosh which allows toronto to make a team just like indy had more or less and gives us a great core of monta, smith, randolph, bosh, biedrins

by thedagger on Jul 23, 2008 9:42 AM PDT reply actions 0 recs

I’d rather trade Harrington, Jax and Wright for Bosh too. Problem: I doubt very, very much that Colangelo would rather have those three than Bosh.

by jae on Jul 23, 2008 10:30 AM PDT reply actions 0 recs

I think you guys are missing the point.

The idea of this post was to introduce the Larry Bird Exception and to explain that we in fact have the ability to sign other players without losing Monta and Beans. Wow, J.R. Smith? I think I would rather pay Jackson 7.2 million and not sign J.R. to an inflated contract. Sure he is a 40% 3pt shooter, but I would rather have a lineup of Monta, Jackson, Maggette, Josh Smith, Beidrins than a lineup of Monta, J.R. Smith, Mags, Wright, Beans. J.R. Smith is a bench player. Josh Smith changes the face of one’s franchise.

Eveland rocks! Eveland rocks! Somewhere Drew Carey just smiled.

by miggyk2 on Jul 23, 2008 1:50 PM PDT reply actions 0 recs

Smith is the answer

I think Miggyk2 is right on, Smith is a flat out stud and I think if there is any chance of getting him, you go for it. I don’t think we can trade AL to Atl, but maybe somewhere else with our second round pick is a good idea. That way we clear a roster spot and some cap. Getting Smith would make all of us very very happy.

by Mr. Fandango on Jul 23, 2008 3:05 PM PDT reply actions 0 recs