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re: Suns looking at Ryan Anderson
Posted on 7/6/15 at 10:05 pm to NOFOX
Posted on 7/6/15 at 10:05 pm to NOFOX
quote:
His contract is only $2M more than Aminu. If the assault charges against him are dismissed that contract is an absolute steal over the next 4 years. I don't think it would handcuff us at all, rather his contract will become an asset.
Aminu and that contract would be bad for us, too. We are trying to free up space to make an offer at a max guy next year. This move would eliminate $8M of that space leaving us with no exceptions and a small amount of space.
Also, if the charges are not dropped, it's a bad deal.
This post was edited on 7/6/15 at 10:07 pm
Posted on 7/6/15 at 10:18 pm to Galactic Inquisitor
quote:
Aminu and that contract would be bad for us, too. We are trying to free up space to make an offer at a max guy next year. This move would eliminate $8M of that space leaving us with no exceptions and a small amount of space. Also, if the charges are not dropped, it's a bad deal.
If the charges are dropped (which we would need to be sure of before the trade occurs) then his contract will be easily moveable next summer when EVERYONE has cap space and will be looking to make big moves. His contract will be absurdly reasonable next year compared to what will be given out in FA. Assets are better than space considering we are unlikely to sign Durant and may not be able to get players deserving of a max contract. Despite AD being here New Orleans is still not a premier destination. We don't want to get stuck in a Knicks situation where you have space and nothing to spend it on. I would rather have a good player on a great contract that is easily moveable than just space.
Posted on 7/7/15 at 4:47 am to Galactic Inquisitor
Aminu and that contract would be bad for us, too. We are trying to free up space to make an offer at a max guy next year. This move would eliminate $8M of that space leaving us with no exceptions and a small amount of space.
Also, if the charges are not dropped, it's a bad deal.
Did you see any of those MAX GUYS came calling? I don't think so. Maybe when we look like we can do more than sneak in the playoffs. David West Took a 10M dollar cut to play for the Spurs. Wesley Matthew took less money so it isn't all ways about the money when you get close you will get piece for less amount. You have to over pay when you suck. Markieff would be a great addition to this team and so will his contract.
Also, if the charges are not dropped, it's a bad deal.
Did you see any of those MAX GUYS came calling? I don't think so. Maybe when we look like we can do more than sneak in the playoffs. David West Took a 10M dollar cut to play for the Spurs. Wesley Matthew took less money so it isn't all ways about the money when you get close you will get piece for less amount. You have to over pay when you suck. Markieff would be a great addition to this team and so will his contract.
Posted on 7/7/15 at 4:53 am to mrsaints
quote:
Did you see any of those MAX GUYS came calling? I don't think so. Maybe when we look like we can do more than sneak in the playoffs.
We didn't have the space to offer any max guys and most were restricted.
Posted on 7/7/15 at 6:59 am to NOLAbaby
I'd love to snag Archie. I'm not that big on P.J though. I feel like we need an uber athletic wing that can shoot the three but also bring the rim down.
We literally only have one player on our roster capable of banging on someone...and that's our injury prone, slight built superstar.
We literally only have one player on our roster capable of banging on someone...and that's our injury prone, slight built superstar.
This post was edited on 7/7/15 at 7:02 am
Posted on 7/7/15 at 8:57 am to mrsaints
quote:
David West Took a 10M dollar cut to play for the Spurs.
After the Spurs maxed LaMarcus Aldridge. At this point in his career David West is a complimentary piece, not a key piece. He won't even be starting in SA. The Spurs and West are an exception.
Matthews got $14M per to go to Dallas. A little less than Sacramento offered, but not much of a discount when you consider the tax structure in Texas. Hell, he could end up netting more money. Not sure about Cali's state income tax rate.
quote:
You have to over pay when you suck.
I'm glad we don't suck.
Posted on 7/7/15 at 9:48 am to Galactic Inquisitor
quote:
Not sure about Cali's state income tax rate.
Cali's state income tax rate is the highest in the nation so he probably will net more cash in Dallas than Sacramento.
Posted on 7/7/15 at 10:56 am to Not Cooper
quote:
Cali's state income tax rate is the highest in the nation so he probably will net more cash in Dallas than Sacramento.
I did some searching and NBA players pay taxes in each state they play in. I'm not sure if it's by day or by game (probably by game), but it looks the Kings played 47 games in Cali to 7 in Cali for the Mavs. The opposite is basically true for Texas, so the difference is basically 40 Cali games (13.3% taxes) to 40 Texas games (0 Taxes). I'll just prorate per game at Sac deal ($16M per year*40 in Cali/82 games). So, he'll earn 7,804,878.05 more in Cali (that ignores that he's earning a bit more over those other 7 games as well).
13.3% * $7,804,878.05 = $1,038,048.78 in additional taxes as a King.
The Mavs deal is 4 years, $57M = $14,250,000 per year
16,000,000 - 1,038,048.78 = $14,961,951.22 per year
He'll be taxed in the other states he plays in, but that should wash out over the contracts. So, he's basically taking $711,701.22 less per year to play for the Mavs instead of the Kings.
Posted on 7/7/15 at 11:19 am to Galactic Inquisitor
CA and most jurisdictions tax based on duty days, not games. His effective tax rate in TX would probably be around 1% while in CA would be around 11%.
This is part of the reason why so much talent is flowing into the Southwest division:
Hou(0%), MEM (0%), SA (0%), DAl (0%) & NO (6%)
Southwest is by far the cheapest division to play in based on state income taxes and jock taxes.
I wish Louisiana would issue a non-transferable tax credit of 6% for professional athletes that reside in the state so that our rate would be 0% for our guys living here and we could still collect taxes on visiting athletes.
ETA - for comparison look at the Pacific division:
GS (13.3%), LAL (13.3%), LAC (13.3%), SAC (13.3%), PHX (4.54%)
So in the Pacific division not only are you paying 13.3% for your home games, but also for a significant portion of your road trips.
This is part of the reason why so much talent is flowing into the Southwest division:
Hou(0%), MEM (0%), SA (0%), DAl (0%) & NO (6%)
Southwest is by far the cheapest division to play in based on state income taxes and jock taxes.
I wish Louisiana would issue a non-transferable tax credit of 6% for professional athletes that reside in the state so that our rate would be 0% for our guys living here and we could still collect taxes on visiting athletes.
ETA - for comparison look at the Pacific division:
GS (13.3%), LAL (13.3%), LAC (13.3%), SAC (13.3%), PHX (4.54%)
So in the Pacific division not only are you paying 13.3% for your home games, but also for a significant portion of your road trips.
This post was edited on 7/7/15 at 11:23 am
Posted on 7/7/15 at 11:30 am to Galactic Inquisitor
Good research, but there are a lot of moving parts here.. For instance, the mavs play 41 games in Dallas, but also 2 away vs san antonio and 2 in houston. So technically they get 45 games in texas. So, over half of his salary comes without state taxes, as opposed to cali where over half of his salary comes at a 13 percent state tax rate. There are also a lot of other variables but the math looks to be heading towards almost the exact same numbers. If there is any paycut it's probably nothing worth noting. Plus he doesnt have to play in that organization.
Posted on 7/7/15 at 11:54 am to Not Cooper
quote:
For instance, the mavs play 41 games in Dallas, but also 2 away vs san antonio and 2 in houston. So technically they get 45 games in texas.
Yeah, but Sacramento also plays games in Texas, as well, so you have to deduct those. Basically, the Mavs have 41 home games + 2 in Hou + 2 in SA. Sac plays 1 in Dal = 1 in Hou + 1 in SA. When you add in Dal@Memphis twice minus Sac@Memphis once, you get to a difference of 43 tax free games.
Sac = 41 @ Home + 2 @ LAC + 2 @ LAL + 2 @ GSW - DAL@Sac - DAL@LAL - DAL@LAC - DAL@GSW, you get to 43 more games in Cali.
Updating my numbers, you have Sac playing 43 more games in Cali and Dal playing 43 more games in Texas and Tennesee.
So, you have $16,000,000*43/82= $8,390,243.90 earned in Cali
13.3% of $8,390,243.90 = $1,115,902.44
Sacramento: $16,000,000 - 1,115,902.44 = $14,884,097.56 - out of division taxes
Dallas: $14,250,000 - out of division taxes
Considering out of division taxes a wash, he would actually bring home about 634,097.56 more in Sacramento than in Dallas.
Beyond that, which I'm not going, you can compare cost of real estate, property taxes, and cost of living, which would probably further whittle down the difference between the two.
This post was edited on 7/7/15 at 12:05 pm
Posted on 7/7/15 at 12:15 pm to Galactic Inquisitor
quote:
Beyond that, which I'm not going
Yea I dont want to investigate further either.. Lol. I'm just gonna say that Mark Cuban figured all this out and went to him with the numbers and told Wes that 14.25 in Dallas is equivalent to 16 in Sacramento. And so Wes signed.
Posted on 7/7/15 at 1:39 pm to Galactic Inquisitor
quote:
Yeah, but Sacramento also plays games in Texas, as well, so you have to deduct those. Basically, the Mavs have 41 home games + 2 in Hou + 2 in SA. Sac plays 1 in Dal = 1 in Hou + 1 in SA. When you add in Dal@Memphis twice minus Sac@Memphis once, you get to a difference of 43 tax free games.
It is a bit more complicated than this because CA does not assess income based on games, but rather on duty days (assuming he is not a CA resident in which case he would be taxed on all games at 13.3%).
A duty day is any day services are performed under the contract from the beginning of an official preseason activity until the last game played. So even though they play a game in Texas that might only account for a single duty day whereas practice days, summer practice, weightlifting, tape study would be allocated to CA income. The 43/82 figure you used to calculate Cali income is low. Its probably closer to 125-140/183.
In the end Matthews probably gave up $200-400k per year to play in Dallas over dumpsterfire Sacramento.
ETA - This is why I would really like to see a non-transferable 6% income tax credit for professional athletes residing in Louisiana. It means our offers would be better than CA/NY and on par with TX. It would also encourage our athletes to make New Orleans their home meaning a better chance of getting a hometown discount later.
This post was edited on 7/7/15 at 1:44 pm
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