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Salary Cap and How it Works?
Posted on 12/7/11 at 9:28 am
Posted on 12/7/11 at 9:28 am
Can someone explain to me how the salary cap works and some teams get to spend more on players than other ones? (I might be wrong on that part). I just think these super duper teams in big markets have all the advantage.
Sure bad teams have a shot to even it out with the lottery but they usually are bad already, that by the time they have a shot to get over the hump It's like they hit a brick wall of not enough money to buy a good team to compete with the super teams?
Sure bad teams have a shot to even it out with the lottery but they usually are bad already, that by the time they have a shot to get over the hump It's like they hit a brick wall of not enough money to buy a good team to compete with the super teams?
Posted on 12/7/11 at 9:39 am to quail man
Posted on 12/7/11 at 9:41 am to mightyjet
These numbers will fluctuate some every year but for this season:
Salary floor = $49 million. Every team has to spend at least that much.
Salary cap = $58 million. If you go over that you are only allowed to add players using exceptions. If you are under to start the season and then go over you have fewer exceptions to use.
Tax Threshold = $70.3 million. If you exceed this amount you have to start paying a tax that ends up going to the non tax teams. In the new CBA the tax escalates so the further over the tax you are the higher your tax rate. You also have more limited exceptions available to you than teams that are over the cap but under the tax.
Incorrect. For example, the Mavs look like they're about to lose Chandler, Barea and Butler. Under the older system Cuban probably would have spent the money to keep them. The Miami Heat literally stripped their roster down to zero players before signing their Big 3 at a discount. Another Miami Big 3 isn't impossible but it's a difficult move to pull off and is risky. For a time it looked like Wade might go to Chicago which would have left Miami empty handed and rebuilding around Michael Beasley. The Knicks will not be getting Chris Paul, they just don't have the cap space to offer him a fair contract because their Big 2 aren't on discount deals like happened in Miami.
Salary floor = $49 million. Every team has to spend at least that much.
Salary cap = $58 million. If you go over that you are only allowed to add players using exceptions. If you are under to start the season and then go over you have fewer exceptions to use.
Tax Threshold = $70.3 million. If you exceed this amount you have to start paying a tax that ends up going to the non tax teams. In the new CBA the tax escalates so the further over the tax you are the higher your tax rate. You also have more limited exceptions available to you than teams that are over the cap but under the tax.
quote:
I just think these super duper teams in big markets have all the advantage.
Incorrect. For example, the Mavs look like they're about to lose Chandler, Barea and Butler. Under the older system Cuban probably would have spent the money to keep them. The Miami Heat literally stripped their roster down to zero players before signing their Big 3 at a discount. Another Miami Big 3 isn't impossible but it's a difficult move to pull off and is risky. For a time it looked like Wade might go to Chicago which would have left Miami empty handed and rebuilding around Michael Beasley. The Knicks will not be getting Chris Paul, they just don't have the cap space to offer him a fair contract because their Big 2 aren't on discount deals like happened in Miami.
This post was edited on 12/7/11 at 9:43 am
Posted on 12/7/11 at 9:45 am to quail man
quote:
Actually, this link is much better
That link is better...Even with this I feel its working against everyone except the big teams and no one else has a real chance...And with all the good players who are friends just wanna play with each other on these "Super Teams"
Posted on 12/7/11 at 9:50 am to mightyjet
quote:
Even with this I feel its working against everyone except the big teams and no one else has a real chance
It was even worse before.
Posted on 12/7/11 at 10:08 am to mightyjet
It's better, but it still favors big teams. Lakers can get $150-200 million per year from new tv deal alone. A harsher tax probably won't bother them too much at all.
We still have no clue on revenue sharing. I've been told it will not be very helpful for small markets. We'll see.
We still have no clue on revenue sharing. I've been told it will not be very helpful for small markets. We'll see.
Posted on 12/7/11 at 10:30 am to TigerinATL
quote:
It was even worse before.
just saw your last post...I just hope in the end we can be a better team it just sucks that we can't be that with CP3
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