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Cousins Extension

Posted on 3/27/17 at 12:10 pm
Posted by NOFOX
New Orleans
Member since Jan 2014
9947 posts
Posted on 3/27/17 at 12:10 pm
It came up in a juvenile pissing match on Twitter that Pels could potentially offer Boogie a contract starting at 30% of the cap this summer. I confirmed that if they use cap space, they can renegotiate and extend Cousins starting at 30% of the cap.

Have to belive he would sign that contract if it was offered to him, but I don't see how we could get that much cap space without giving up the assets we would need to fill out the team.

Might be a plan to retain Cousins if Jrue leaves.
This post was edited on 3/27/17 at 12:12 pm
Posted by TigerinATL
Member since Feb 2005
61512 posts
Posted on 3/27/17 at 12:31 pm to
quote:

I don't see how we could get that much cap space without giving up the assets we would need to fill out the team.


You only need $12 million so you could get close just by stretching Asik and dumping QPon and Ajinca. But they were the main salary in the trade for Lin/Rubio/Bledsoe scenarios. You'd have to now use Moore instead which gets rid of a solid bench player.

Still, you almost have to take the opportunity to lock Cousins up, you never know what could happen next year. Demps would have to hope he could find another Moore with the Room exception, and you'd need some more Terrence Jones/DMo level useful minimum players.
Posted by Fun Bunch
New Orleans
Member since May 2008
115906 posts
Posted on 3/27/17 at 12:34 pm to
Its really not an ideal scenario. Would really really hamstring our options for making the team better. Might have to do it though.
Posted by NOFOX
New Orleans
Member since Jan 2014
9947 posts
Posted on 3/27/17 at 12:44 pm to
quote:

You only need $12 million so you could get close just by stretching Asik and dumping QPon and Ajinca.


Yeah, totally spazzed out writing that. Did not account for Boogie already being ont he books for $18M. Need more sleep.

Getting $12M in space isn't too bad if they are willing to stretch Asik. I think you have to lock up Cousins this summer if you can. Make the offer.

You have to trade Moore to upgrade, but I was always a proponent of that for 2 reasons. One Moore's salary would be too high for a pure backup with the new 1/2. And Moore retains positive/neutral value so you do not have to add more assets if you were using other guys.

The extended contract would make Cousins a LOT more valuable if it doesn't work out also.
This post was edited on 3/27/17 at 12:46 pm
Posted by Chad504boy
4 posts
Member since Feb 2005
166316 posts
Posted on 3/27/17 at 1:28 pm to
quote:

Cousins Extension


w/ a top 3 pick would have been too good to be true.
Posted by The_Duke
Member since Nov 2016
3673 posts
Posted on 3/27/17 at 2:55 pm to
No where near a cap savant so bare with me---


How in the hell do all these other teams get to keep so many high level players and we are scraping around to try and figure out how to have two on our roster? A roster already filled with Dleague players and minimum level deals? Are other teams just paying the luxury tax penalty and we're just too cheap to do so?
Posted by Sauce Castieaux
Asheville, NC.
Member since Nov 2015
5031 posts
Posted on 3/27/17 at 3:10 pm to
quote:

How in the hell do all these other teams get to keep so many high level players and we are scraping around to try and figure out how to have two on our roster?


We overpaid a lot of average to below average talent.
Posted by NOFOX
New Orleans
Member since Jan 2014
9947 posts
Posted on 3/27/17 at 3:15 pm to
quote:

How in the hell do all these other teams get to keep so many high level players and we are scraping around to try and figure out how to have two on our roster? A roster already filled with Dleague players and minimum level deals? Are other teams just paying the luxury tax penalty and we're just too cheap to do so?


Basically the problem is our high level players will all have contracts under the new TV deal and we have no major contributions from salary restricted contracts (rookie scale). Giving out 3 maxish contracts under the new TV deal is difficult when you don't also have major contributions from rookie scale contracts.

Add a mirade of bad deals and lack of picks into the mix and it is difficult to add talent.

AD, Jrue, and Boogie will combine for close to 80% of cap space. Then you have Asik, Hill, and Moore at close to 30% of the cap. We don't have a lot of assets to dump salaries and we haven't groomed rookies to take over for vets.




This post was edited on 3/27/17 at 3:17 pm
Posted by sainttrain713
Metairie
Member since Jan 2015
227 posts
Posted on 3/27/17 at 3:34 pm to
quote:

No where near a cap savant so bare with me---


I'll further this

What about Luxury couldn't Benson spend more money if decided. Not saying he would.

But if someone could clarify that for me that would be appreciated.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110880 posts
Posted on 3/27/17 at 3:57 pm to
quote:

A roster already filled with Dleague players and minimum level deals?
Because it's not filled with minimum level deals, that's why.
Posted by Number 31
St. Tammany
Member since Jul 2016
4178 posts
Posted on 3/27/17 at 4:43 pm to
Not entirely relevant to this thread, but just spotted this atop the ESPN home page: Pelicans improving with Boogie-Brow ball, with best yet to come?
Posted by TigerinATL
Member since Feb 2005
61512 posts
Posted on 3/27/17 at 5:08 pm to
quote:

What about Luxury couldn't Benson spend more money if decided


It's not that simple. Once you hit the cap you're limited in how much salary you can add each year.
It typically takes a concerted effort over multiple years using exceptions and making uneven trades to go from below the cap to above the tax.

quote:

How in the hell do all these other teams get to keep so many high level players


Who are you talking about?

The Warriors got lucky with their timing. Curry was not the reigning MVP when he signed his current deal and the cap has increased over 70% since then, so the MVP making peanuts + home grown talent that you don't have to over pay to attract + unprecedented cap escalation at a time when KD became a FA was just a lucky series of events that no other team will probably ever duplicate.

The Spurs have a history of star players taking cheap deals which allowed them to get Aldridge, and then Kawhi is only on his 2nd contract so he's cheaper than a typical MVP candidate would be.

The Cavs are paying so much in taxes that they are losing money. They have the best player in the world and have won it all and the taxes they are a paying have sucked all of the profit out of being a contender.

It also helps that the better teams are usually able to attract the better FAs. E'tuann Moore was the best FA we signed this offseason. Maybe Cousins being added gets more FA interest, but the Pels probably need to become a playoff team again before guys worth signing will come here. So even if Benson said spend whatever it takes, that's no guarantee the team could add talent.
Posted by The_Duke
Member since Nov 2016
3673 posts
Posted on 3/27/17 at 5:55 pm to
quote:

Who are you talking about?


Like I said---not a cap savant. Can talk about basic stuff but I just look at teams like the Clips, Raps, Miami, Meph (3 max players)...and I'm just confessed as to how we have one max player on our team--and yet we are still in the slums financially and tryna figure out ways to give Jrue and Boogie money while still having other decent players. I guess it's the "not having quality guys on rookie deals" that another poster posted.
Posted by Fun Bunch
New Orleans
Member since May 2008
115906 posts
Posted on 3/27/17 at 6:05 pm to
Imagine if useful guys were making the same amount as Asik, Ajinca, Qpon instead of them just sucking up useless cap space.

Also imagine we had one guy drafted on a current rookie deal that was a heavy contributor.
Posted by TigerinATL
Member since Feb 2005
61512 posts
Posted on 3/27/17 at 6:09 pm to
Clips are like the Cavs, losing money because of taxes, and they've been trying to fill the hole at SF for years without success because they don't have any money to add a decent player.

Raptors are about to go into the tax. They had Lowry and DeRozan cheap, but just paid DeRozan and will pay Lowry and Ibaka in the offseason. One thing Toronto has done is been patient and managed their roster well. Imagine if Asik and Hill were more like Moore in terms of fair contract value. The Pels would be in a much better position to trade for someone like Bledsoe or Dragic. Also, they may not be able to pull it off, but a move like that is what the Pels will be angling for this offseason. AD/DC/Jrue plus a Bledsoe or Dragic would make the Pels one of the talent rich teams you're talking about.

Miami is not talent rich. They have some good players but are starting Luke Babbitt.

Compared to Memphis the Pels will have a superior 3 max guys after next year in AD/DC/Jrue considering Parsons injury. But Memphis was able to attract Parsons because they are an established playoff team.
This post was edited on 3/27/17 at 6:23 pm
Posted by corndeaux
Member since Sep 2009
9634 posts
Posted on 3/27/17 at 6:34 pm to
quote:

Clips are like the Cavs, losing money because of taxes


where are you seeing this? i don't doubt they may have some red, but that seems more like an issue with how Ballmer is paying for his purchase.

the luxury tax is a great, great equalizer. but their bill was only $19M last year and they look to be just $1M above the cap this year. if $19M for a team in LA is the difference between profit and loss, something else is not quite right.

for instance, they just doubled their tv rights to $50M/season. and the Simmons pod with Ballmer was enlightening on how they are the 3rd tenant at Staples and get shafted with home game times.


Posted by TigerinATL
Member since Feb 2005
61512 posts
Posted on 3/27/17 at 6:46 pm to
quote:

where are you seeing this? i don't doubt they may have some red, but that seems more like an issue with how Ballmer is paying for his purchase.


The Forbes stuff came out about a month ago and they listed 3 teams losing money. All tax teams, the Cavs, Clips and I forget the 3rd. I'm out and about so can't look it up right now.
Posted by ShamelessPel
Metairie
Member since Apr 2013
12723 posts
Posted on 3/27/17 at 6:54 pm to
Can the order of operations go Holiday cap hold, stretch Asik, Moore+picks for a trade into cap room, Holiday extension, Cousins extension? If that happens do we bump up against the tax? I can't see Benson paying the tax even though he's been more than willing to pay the bill so far.

I have to wonder...

Are we so used to the Saints having dead money on their books that they just assume Asik, Ajinca, etc. are an extension of what they see in football? Is Loomising saving Dell's arse in more ways than one right now?
Posted by eyeran
New Orleans
Member since Dec 2007
22096 posts
Posted on 3/27/17 at 6:57 pm to
quote:

The Forbes stuff came out about a month ago and they listed 3 teams losing money. All tax teams, the Cavs, Clips and I forget the 3rd. I'm out and about so can't look it up right now.
OKC
Posted by NOFOX
New Orleans
Member since Jan 2014
9947 posts
Posted on 3/27/17 at 7:05 pm to
quote:

Can the order of operations go Holiday cap hold, stretch Asik, Moore+picks for a trade into cap room, Holiday extension, Cousins extension? If that happens do we bump up against the tax? I can't see Benson paying the tax even though he's been more than willing to pay the bill so far.


I think the Cousins renegotiate and extension has to be with cap room otherwise it's just an extension and restricted to 120% of final year.
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