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ESPN Reports $53.4 mil Salary Cap for 2010-11

Around roughly 8:00 am is morning ESPN began running with a rumored story that the NBA salary cap for the 2010-2011 season will around $53.4 million with a luxury tax line of $61.2 million. I'm not 100% sure how the NBA come up with the cap, but I have a strong feeling that it's tied to league shared revenue from ad's and national cable contracts with ABC/ESPN. In any event, all it really means is that every team is going to be panicking over 2010. Not because half the league's stars are free agents, but rather that nobody is going to have the money to sign anyone.

So, where do the Warriors stand in regards to the $53.4 million soft cap and $61.2 million luxury tax (aka hard cap)? Below is a table of the Warriors salaries as of 07/07/09 from Hoopsworld.com (thanks to GSoM poster homer simpson for the table).

Player Option / Early Termination Option / Team Option / Qualifying Offer / Non-guaranteed

Player 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
Monta Ellis $11,000,000 $11,000,000 $11,000,000 $11,000,000 $11,000,000  
Corey Maggette $9,288,000 $10,031,040 $10,833,523 $11,700,205    
Andris Biedrins-# $9,000,000 $9,000,000 $9,000,000 $9,000,000 $9,000,000  
Stephen Jackson $7,650,000  $8,453,250 $9,256,500 $10,059,750    
Speedy Claxton $5,209,454          
Ronny Turiaf $4,200,000 $4,200,000 PO-$4,100,000      
Kelenna Azubuike $3,100,000 PO-$3,300,000        
Brandan Wright $2,671,440 TO-$3,398,072 QO-$4,580,601      
Acie Law $2,216,160 TO-$2,940,844 QO-$4,026,016      
Anthony Randolph $1,837,560 TO-$1,965,720 TO-$2,911,231 QO-$4,049,523    
Marco Belinelli $1,547,640 TO-$2,380,270 QO-$3,377,604      
Anthony Morrow NG-$736,420          
Adonal Foyle* $660,000          
TOTAL $59,116,674 $56,669,196 $47,101,254 $41,759,955 $20,000,000

 

As you can see that doesn't include Curry who should clock in around $2.6 million this season and $3 million in 2010. Granted that Belinelli, Law, Randolph, and Wright are all players that the Warriors have team options on. Assuming that they bring all 4 of those guys back, Azubuike opts-in and that Curry is around $3 million that would bring the Warriors salary up to $59.6 million well over the $53.4 million mark and that does not include what ever draft picks or FA we sign to a mutli year deal this current off-season. The Warriors are essentially at the cap for the big 2010 off-season. So what should the Warriors do?

Poll
What should the Warriors do about the reduced cap for 2010 off season?
Trade for pending FA (Amare) & hope he opts out to save $$$
23 votes
Trade for pending FA and resign him because we can't aford any FA's in 2010
66 votes
Do nothing and continue to dig through the D-League for prospects
12 votes
Do nothing and build through the draft (because we all trust Larry Riley..err. Don Nelson.. at GM)
26 votes

127 votes | Poll has closed

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!

Comment 37 comments  |  1 recs  | 

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Is it just me or do the numbers not add up?
what are the hidden factors?

by JBreezy on Jul 8, 2009 10:58 AM PDT reply actions  

i think the team options aren’t added in. so BW, MB, AR, AM’s figures aren’t added in.

hoopsworld’s figures are a little different, but here is their figures.

http://www.hoopsworld.com/Story.asp?story_id=9181

by homer simpson on Jul 8, 2009 12:02 PM PDT up reply actions  

good call...

I totally missed that…

A Sonics fan without a team... but 6 season now of GS Warriors ticket have convinced me to adopt the boys from Oakland.

by mcwalter44 on Jul 8, 2009 12:04 PM PDT up reply actions  

I've update the post

A Sonics fan without a team... but 6 season now of GS Warriors ticket have convinced me to adopt the boys from Oakland.

by mcwalter44 on Jul 8, 2009 12:18 PM PDT up reply actions  

nice, what i like about the hoopsworld grid vs the hoopshype one is that they also tell you which salaries are non-guaranteed – and those things are valuable nowadays (as we saw with the Richard Jefferson trade).

by homer simpson on Jul 8, 2009 12:47 PM PDT up reply actions  

yeah, well it’s understandable, i didn’t notice it either until JBreezy mentioned that the numbers didn’t add up in some of the columns.

by homer simpson on Jul 8, 2009 12:43 PM PDT up reply actions  

yeah, this makes more sense.
Thanks for clearing that up McWalter and homer.

by JBreezy on Jul 8, 2009 2:59 PM PDT up reply actions  

More important is luxury tax of 65 mil.

From Brandan Wright down those numbers are QUALIFYING offers, meaning they aren’t quaculated into our cap number of 46.

If we trade for Amare; Biedrins, Belinelli and Wright will be off the books, but as it is only 9 million is calculated into that 46.4 million number. Subtract Biedrins salary we are at 37.43. Amare’s 5 year 95 million max deal would add 19 mil totally 56.43 tallying only 6 players (Monta, Jack, Maggette, Amare, Buike and turiaf).

Add to that we will certainly pick up Randolph and Morrow’s options (2.994 million total) our total salary is at 59.43 with only 8 players under contract. Add to that, Curry will be getting somewhere around 2-2.5 million on the rookie scale (Jae or someone please confirm actual number?). That leaves us less than 4 mil to fill out rest of roster (do-able) without going into luxury tax, but we would NOT be able to get anyone decent (MLE) without finding a way to move either maggette, jack or monta.

by tafkasam on Jul 8, 2009 11:06 AM PDT reply actions  

Warriors will want to diminish long-term commitments

which is why I think a lower cap means the front office pushes harder for an Amare trade that includes as many committed contracts as possible. The Suns will want some expiring money as well, so Biedrins, Wright, Azubuike, and Belinelli seems most likely. The money is perfect: 16.4 for 16.3.

A one year rental and a playoff run, coupled with the cap relief in 2010 of 12.4 between Biedrins and Azubuike (not to mention 18 mil over the next 2 for Bieds), would be enticing to Cohan.

The Warriors would still have an emerging core of Ellis, Randolph, Curry, Jackson, Morrow, Maggette, and Turiaf. Another year of development and a playoff run would leave us a better chance to add a nice piece to that core.

By my count, we’d have 14.6 mil left to fill out the roster in 2010. We could pick-up the option on Law (3), we could maybe pick up an aging center (Camby, J O’Neal, Chandler) or a younger, rebounding piece (Ty Thomas, Scola).

by eastbayglory on Jul 8, 2009 11:22 AM PDT reply actions  

BWright and Belinelli are optimal for them because...

both have options in 10-11 so if they dont impress cap room. If they do, they are relatively cheap

by tafkasam on Jul 8, 2009 12:17 PM PDT up reply actions  

This all pleasantly points to a Chris Bosh trade

1. Because the salary cap is shrinking, teams will have to offer smaller contracts to less players in the Free Agent “extravaganza” that was supposed to happen offseason.

2. Because the money won’t be there, the superstar free agents that wanted to opt out and test free agency are more likely to sign long term extensions now. (ie: get more money)

3. With the Andrea Bargnani signing, Chris Bosh should see the Raptors have NO clue what they are doing and won’t be a competitive team for many years.

4. Chris Bosh will be stuck in a position where he needs to sign an extension soon to ensure he gets paid well, but also needs to get out of Toronto.

5. Chris Bosh traded to the Warriors for Biedrins, Belinelli, and Wright. Biedrins and Belinelli join Bargnani, Turkoglu, and Calderon to form an ALL-EURO Starting 5 (good marketing in Toronto). Chris Bosh gets the hell out of dodge and signs an extension with the Warriors.

"We Deserve"

by YaHeard on Jul 8, 2009 11:38 AM PDT reply actions  

I would actually prefer Bosh over Stoudemire, Bosh seems more of a nice guy, team player, and without the history of injury like Stoudie shows.

WARRIORS BASKETBALL!!! Patiently waiting for a title...I may be waiting for a long time...

by JustSomeName on Jul 8, 2009 11:48 AM PDT up reply actions   1 recs

Couple of points ...

Notice how this hasn’t been as down a year for FA’s as expected? If Bargnani just signed for $5yr/$50 million, the Biedrins is way underpaid.

As much as we hate Mags contract, the declining salary cap makes something very clear: even if we had signed him for half as much, it wouldn’t really be giving us any flexibility. So people talking about dumping Mags for an expiring contract, bear in mind that move will make us worse in the short and long term. We won’t be able to turn around and use those savings on a better player.

Why is it, that when people talk about dumping salary, they look at Biedrins? It’s one thing to trade Biedrins in a bona-fide attempt to improve the team and turn it into championship contenders (eg, the Amare deal). It’s quite another to shop him just to shed his contract.

Eg, even if we traded Biedrins for an expiring deal, we couldn’t make a legitimate run at one of the stop superstars (even assuming they wanted to come here). If the team does that (or for rent-an-Amare) then forget it, I’m done. I’ll go be a Clippers fan or something.

by Ronaldinho on Jul 8, 2009 11:58 AM PDT reply actions  

outside of Toronto & Detroit it kind of has been a down year. Artest & Bibby wound up with mid-level deals. Odom, Andre Miller, Marion, Parker, Gooden, Wilcox, Iverson, Varejao all are looking at mid-level or worse deals except for Odom. most of the RFA’s are struggling to get offers (Sessions, David Lee, Marvin Williams, Felton, Kleiza)…in fact the vast majority remain unsigned.

http://sports.espn.go.com/nba/news/story?page=FreeAgents-09-10

technically, the cap only went down $1 million and ‘10-’11 is a worst case scenario projection where the BRI drops by 5%. it’s projected to drop anywhere from 2.5% to 5%.

if we didn’t have Maggette’s $9 million dollar deal on the books this season, the dubs would have been a Speedy Claxton buy out away from being one of the few teams to be able to offer more than the mid-level. not to say adding a Varejao or Wilcox or forcing the Jazz or Knicks into a bind with Millsap or Lee would have been a done deal, just that Maggette’s contract took away that option.

by homer simpson on Jul 8, 2009 12:41 PM PDT up reply actions  

Why would Speedy agree to a buyout? He’s in the last year of his contract and may not be able to play. He would not likely get even guaranteed vet minimum from anyone else, so sitting around and collecting his cash is a better option than doing anything to help out our books.

by jae on Jul 8, 2009 12:48 PM PDT up reply actions  

oh, i thought he was trying to make a comeback and is looking for a team where he can get minutes? at least i thought i read or heard that somewhere where he was working out and whatnot.

by homer simpson on Jul 8, 2009 1:01 PM PDT up reply actions  

he’s definitely playing (at least according to him)

@warriorsworld yeah im gonna play knee is feeling pretty good6:24 PM Jul 5th from web in reply to warriorsworld
http://twitter.com/speeddeamon

still looking for the part about wanting to get on a team with a chance to play (if memory serves, it was something about after not playing ball for so long, he just wants to get minutes and play or something like that).

by homer simpson on Jul 8, 2009 1:10 PM PDT up reply actions  

if we didn’t have Maggette’s $9 million dollar deal on the books this season, the dubs would have been a Speedy Claxton buy out away from being one of the few teams to be able to offer more than the mid-level.

Exactly.

Take away Mags deal, and we still need to work some more juju to make a better offer than the midlevel.

And while I agree he’s overpaid, that’s my point. If, say, he was making $4m/yr (a steal for a player as productive as he is) … we’re still $5m + Speedy Claxton voodoo away from offering more than the midlevel. More if the cap keeps going down.

(And, honestly, it’ll probably go down next year and then start coming back up … and if it doesn’t we’ll all have much bigger problems).

Cap flexibility is only powerful if you use it.

Let’s say we magically got rid of Mag’s and speedy’s contract. Awesome! Now … turn that cap space into a player better than Maggette.

Not so easy to do, is it?

Or we trade Beans for an expiring deal. Great. Now we’re under the cap … again, please explain to me how you’re going to replace his production with a less expensive player. (I mean, look at the Bargnani contact – and he’s not close to the player Beidrins is, and his contract averages $1m/yr less.)

Free up the money in Jackson’s contract, and, yeah, I think we can resign a better player with that money, or for less (certainly that will be the case by 11-12). Monta? Hard to say, but if he’s fully recovered from ScooterGate then probably not. Beidrins? No way. Can’t be done.

Maggette? Hard to say. This year and next, probably not. If we make reasonable assumptions about health and declining performance, however, then by the end of the deal, yes.

There is simply no path to improving this team if you dump Beans for cap space. It’s a very challenging road if you dump Monta for cap space. Anybody who suggests one of those moves in thinking about Cohan’s pockets … NOT wins.

by Ronaldinho on Jul 8, 2009 1:50 PM PDT up reply actions   1 recs

Let’s say we magically got rid of Mag’s and speedy’s contract. Awesome! Now … turn that cap space into a player better than Maggette.

Not so easy to do, is it?

doesn’t necessarily have to be a better player – some guys are better fits (they do things that are team lacks). Maggette is less useful on a team full of over dribbling, ball dominators who are horrible passers and poor defenders. Maggette would be much more useful on a team full of defenders (to cover his weaknesses) that had trouble scoring.

this offseason alone, i consider Marion, Lee, Varejao, Andre Miller, Millsap, Odom, Sessions, Marvin, Bass, Kleiza, McDyess, Moon, Barnes, Gooden, & Parker to either be better players, better players considering their age, better fits or better fits at the price than Maggette and i’m not one of the Maggette bashers. obviously, some of those guys like Odom and McDyess are unrealistic while the RFAs might be matched. some can’t hold a candle to Maggette as an overall player. but the W’s could really use defensive guys, ‘beefier’ big men or passers or guys who don’t need the ball so much.

Anybody who suggests one of those moves in thinking about Cohan’s pockets … NOT wins.

agreed with AB & Monta, but i wouldn’t have a problem with dumping Jack or Maggette.

this is because i feel that the team is at least 2 yrs from being a legitimate playoff team (barring injuries to opposing teams, unforeseen roster moves). not much difference between a 30-35 win team and a 35-40 win team and it gives guys like Morrow, Belinelli, Wright, Randolph, even Buike more opportunities to play. in 2 yrs, Maggette and Jack will likely be heading towards Stackhouse like uselessness while hurting the team by using possessions based on their veteran status when those possessions would be better used by Monta or Beans or whomever.

by homer simpson on Jul 8, 2009 3:20 PM PDT up reply actions  

You can do alot more with salary cap space than just be a big player in free agency.

When you’re under the cap, you have the most attractive trade chip for a team trying to unload talent/salary: immediate payroll relief. Especially in today’s economy, this is KING, even tastier than a big fat expiring contract.

I’d rather have the cap space and have the OPTION to do something good with it rather than not. This argument against salary cap space is the equivalent of saying: “What’s the point of having millions of dollars? I’d just spend it on hookers and blow anyway”

"We Deserve"

by YaHeard on Jul 9, 2009 12:45 AM PDT up reply actions  

Except ...

Think about what you’re saying, in the context of trading Biedrins for cap space:

You’re saying that if we give up Biedrins for cap space, we’re in a great position to use that cap space on another team’s overpaid players.

So you’re saying, “Let’s give up our expensive players so we can replace them with someone else’s?”

Certainly if there’s a superstar available, that’s tempting thinking. The question is, again, simply: what players better than Biedrins are out there, making in the ballpark of what Biedrins makes or a little more (assuming we could drop another piece), who’s teams will want to dump them for salary reasons?

And it’d be great to be in a position to steal Chris Paul, for example, who’s the only superstar player, in my opinion, on a team which is desperate enough to even think about getting rid of him to cut salary … and I’m willing to wager they won’t get that desperate (although they might cut enough other players that he’s miserable and demands a trade.)

But again, if you’re talking about dumping Biedrins for cap room, you’re saying, “Let’s get rid of one of our best players, on the small chance that if we do so, maybe Chris Paul will become available and maybe we’ll be able to outbid other teams for him.”

I’m not saying that “we’d blow the money on hookers and blow.” I’m saying, “There’s nothing but hookers and blow out there to buy!” Not quite the same thing.

by Ronaldinho on Jul 9, 2009 1:03 PM PDT up reply actions  

You’re making the false assumption that cap relief can only get you someone else’s “overpaid players”.

The Lakers got Pau Gasol because the Grizz wanted cap relief.

Lamar Odom could probably be stolen from the Lakers right now if we could afford to pay even his per-year salary from last season. They’re trying to lowball him like crazy right now.

Utah would be happy to trade away AK47 for cap relief right now because Boozer and Okur stayed. Millsap could be easily stolen from Utah if we offered more than the MLE.

Ray Allen was traded to Boston for salary cap relief (and a draft pick).

Vince Carter was recently traded for salary cap relief.

Marcus Camby was traded to LAC for salary cap relief.

There many examples in the past where being under the cap (or having expiring contracts) are a very GOOD thing. There are opportunities RIGHT NOW where it would be a good thing. There will undoubtedly be times in the near and far future where it would be a good thing.

"We Deserve"

by YaHeard on Jul 9, 2009 5:11 PM PDT up reply actions  

Don’t be disingenuous. I think I mostly agree with you, but you can’t say stuff like

Ray Allen was traded to Boston for salary cap relief (and a draft pick).

And expect to be taken seriously. That “and a draft pick” was the fifth pick in the entire draft. That’s non-trivial.

Some of those other trades were also made not just for cap relief, there were actual real good players coming back the other way.

Thing C

by markdash on Jul 9, 2009 6:29 PM PDT up reply actions  

“The Lakers got Pau Gasol because the Grizz wanted cap relief.”

And the fact that Jerry West didn’t shop to the highest bidder, and instead decided to help his old team out.

I’d rather have Biedrins than Odom. Wouldn’t you?

“Utah would be happy to trade away AK47 for cap relief right now because Boozer and Okur stayed”

AK47 is overpaid. That’s my point. I like his game, a lot … but he’s WAY overpaid. He makes more than Biedrins, by a couple of million a year, and he’s not worth as much as Biedrins on the floor.

Biedrins is better than Milsap, which is why Milsap might be available for the MLE.

“Ray Allen was traded to Boston for salary cap relief (and a draft pick).”

This is just B.S. This was a trade which, while it involved cap relief, was about one team trying to win now and the other team trying to build for the future by trading an aging veteran. To say that trade was about “cap relief” is just moronic.

“Vince Carter was recently traded for salary cap relief.”

More to cut costs than for cap relief, quite frankly (and that’s an important difference). But would you trade Biedrins for Carter? I sure wouldn’t. That move, for NJ, is also part of a rebuilding strategy – they want to be in position next summer to make a run at a top FA.

“There are opportunities RIGHT NOW where it would be a good thing. There will undoubtedly be times in the near and far future where it would be a good thing.”

Sure. It’s is a “GOOD thing.” But you know what’s a BETTER thing? Andris Biedrins. I posited a very simple question, and you haven’t been able to answer it:

What can you get with the cap space you free by ridding us of Biedrins which helps us win more than Biedrins does? You list included a lot of veteran players, guys on the downsides of their careers.

So yes, you’re right, maybe we could fill that cap space with an overpaid veteran who’s not going to be with us long-term. You do see how that’s not really an argument for dropping Biedrins for cap space, right?

by Ronaldinho on Jul 9, 2009 11:13 PM PDT up reply actions  

It wasn’t Jerry West.

Thing C

by markdash on Jul 9, 2009 11:21 PM PDT up reply actions  

I don’t know how this turned into a “Player X is better than Andris Biedrins” debate.. But yes, I will say that all of those players I mentioned are better than Andris Biedrins. Maybe not better fits for our squad right now, maybe not better in 4 years, but I believe they are better basketball players right now. It’s highly debatable and not worth going into really.

The point I’m trying to make is we can’t just keep compiling ~$10mil/yr mediocre players on our team. Good teams aren’t built this way, we’re turning ourselves into the New York Knicks of a few years back. At some point we’re going to hit a wall (we may actually have already: the luxury tax of next season) where we can’t add any more talent because we have so much mediocrity filling our payroll up.

I see what you are saying though. Biedrins is not a bad player. But understand that he is far from a cornerstone player, and neither are any of the other guys we’re paying to be above average players.

Our “core” is so deficient in so many ways that it’s ridiculous. Think about it..

Because of Monta, we need a pure PG who also can guard SG’s. Where are we gonna find that? Bring Magic out of retirement??

Because of Jackson, we need to find a wing who is an extraordinary rebounder, as well as a highly efficient scorer, and not turnover prone.

Because of Biedrins, we need a PF who can score on his own in the post, be big enough to defend centers in the post (and also be mobile as a jumpshooter to be a Don Nelson PF!)

Besides possibly Randolph, I don’t really see much we should be building on here. It’s time to get under the cap, acquire draft picks, acquire young cheap talent, and REBUILD.

"We Deserve"

by YaHeard on Jul 10, 2009 2:00 AM PDT up reply actions  

Rebuilding

This became about Biedrins because, for the most part, I was responding to people wanting to dump him for cap space. Those were the terms of the discussion.

“Besides possibly Randolph, I don’t really see much we should be building on here. It’s time to get under the cap, acquire draft picks, acquire young cheap talent, and REBUILD.”

I have no qualms with blowing parts of this team up. I agree with you about Jackson, I even half agree with you about Monta. My question is this:

If you were going to blow this team up and rebuild, who do you keep?

In my mind, there are two players you must keep, if you’re going young with this team.

Biedrins and Randolph.

They’re both young. While Biedrins isn’t cheap, he’s very reasonably paid. If your goal is to go young, get under the cap, etc … aren’t those two guys you want for the future?

Jackson, Maggette, sure … get rid of them. But if you want young players who you can rebuild around, really, at the big positions, what on earth do you gain by letting those two guys go? Cap space so you can go after aging veterans at other positions who don’t find with the “rebuilding” mindset?

by Ronaldinho on Jul 10, 2009 9:19 AM PDT up reply actions  

Offtopic question

How in the world did you make such a nice looking table in a fanpost?

by IQofaWarrior on Jul 8, 2009 12:15 PM PDT reply actions  

Hoopsworld

Hoopsworld has confirmed cap is at $57.7 million and luxury tax is $69.92 million.

http://www.hoopsworld.com/Story.asp?story_id=13217

by tandy on Jul 8, 2009 1:23 PM PDT reply actions  

The lower salary cap could have some serious ramifications on the 2010 FA market. If the cap does not increase next year, the players opting out of their last year could very easily make a little less in 2010-11 than if they did not opt out. Since teams they’re playing for can give them bigger raises, this gives them more incentive to stay or to wait an additional year. I’ll try to work through the details on this soon, but it looks like it could cost some players several million over the course of their career to opt out next year without the cap going up.

by jae on Jul 8, 2009 1:40 PM PDT reply actions  

9:01 pm tonight trades can happen

http://www.sfgate.com/cgi-bin/blogs/warriors/detail?&entry_id=43201

According to this trades start at 9:01pm tonight. I still have hope.

Judge: "In the case of 3 month old Tracie Taylor, we find that Dirk Nowitzki .... IS the father!"

Dirk [in Hassellhoff accent]: "That baby don't look like me!"

by AR4 on Jul 8, 2009 1:47 PM PDT reply actions  

Me Dream Scenario

http://games.espn.go.com/nba/tradeMachine?tradeId=muktp3

We free up 39 Mil for next Offseason

Welcome to the Warriors, Stephen Curry, the 2009 NBA Rookie of the Year.

Panda's and Curry in the Bey Area. Who would've known?

Conductor of the "We're Back!" Bandwagon!

by ejdacanay on Jul 8, 2009 2:48 PM PDT reply actions  

Build with what we got and maybe sign another player...

We should trade for Amar’e and let him opt out next year to save some cash and we can sign Bosh
I don’t know if Cohan is willing to go over the cap though.

Its time for a change...

by RunNdGun on Jul 8, 2009 3:21 PM PDT reply actions  

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