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Message
re: 2015 NBA Offseason Thread - FA/Trade News and Rumors Here
Posted on 6/27/15 at 9:27 am to shel311
Posted on 6/27/15 at 9:27 am to shel311
quote:
If I understand the cap penalties, i believe it could upwards of $30-40mil over 5 years, right?
it would cost the owner $10M and i don't think there is a 3x penalty at any phase
3
Posted on 6/27/15 at 10:01 am to SlowFlowPro
There is a % penalty every year you are over the cap by the amount you are over I believe.
I know it starts at something like every dollar over the cap you have to give another dollar back to the NBA but I'm pretty sure multiple offenders have to pay more. If not. Still..
Over 5 years they will pay him 2 mill extra per year then he is worth then ALSO have to pay an extra 2 mill bc they went an extra 2 mill over the cap. Soooooo
At a minimum it will cost them atleast 20 mill over 5 years.
I know it starts at something like every dollar over the cap you have to give another dollar back to the NBA but I'm pretty sure multiple offenders have to pay more. If not. Still..
Over 5 years they will pay him 2 mill extra per year then he is worth then ALSO have to pay an extra 2 mill bc they went an extra 2 mill over the cap. Soooooo
At a minimum it will cost them atleast 20 mill over 5 years.
This post was edited on 6/27/15 at 10:10 am
Posted on 6/27/15 at 10:06 am to SlowFlowPro
After five consecutive years, you pay a 100% tax. IIRC
This post was edited on 6/27/15 at 10:07 am
Posted on 6/27/15 at 10:11 am to WestCoastAg
Definitely not 5. I think it starts at 100% just after one year but it climbs to like 120% and 150% as the years go by
Posted on 6/27/15 at 10:12 am to Dr. Shultz
oh shite,
Posted on 6/27/15 at 10:15 am to Dr. Shultz
The tax can get as high as almost 5 dollars per dollar over for repeat offenders and highest dollar increment range.
It starts at 1.5 per dollar I believe also and increases by how much you are over.
It starts at 1.5 per dollar I believe also and increases by how much you are over.
Posted on 6/27/15 at 10:15 am to dj30
1st number.. Amount over tax threshold
2nd number.. Standard tax per excess dollar
3rd number.. Repeat offender tax per excess dollar
$4,999,999 or less $1.50 $2.50
$5 million to $9,999,999 $1.75 $2.75
$10 million to $14,999,999 $2.50 $3.50
$15 million to $19,999,999 $3.25 $4.25
Over $20 million $3.75 + $0.50 per $5 million $4.75 + $0.50 per $5 million
Have to be over threshold 3 years in a row to be a repeat offender
So yeah.. That extra 2 mill to TT could add up to 25+ mill pretty easily
2nd number.. Standard tax per excess dollar
3rd number.. Repeat offender tax per excess dollar
$4,999,999 or less $1.50 $2.50
$5 million to $9,999,999 $1.75 $2.75
$10 million to $14,999,999 $2.50 $3.50
$15 million to $19,999,999 $3.25 $4.25
Over $20 million $3.75 + $0.50 per $5 million $4.75 + $0.50 per $5 million
Have to be over threshold 3 years in a row to be a repeat offender
So yeah.. That extra 2 mill to TT could add up to 25+ mill pretty easily
This post was edited on 6/27/15 at 10:19 am
Posted on 6/27/15 at 10:32 am to Dr. Shultz
He'll be the starting center once Mozgov leaves. He's going to get paid regardless
Luckily for Gilbert they have two more years before they're in repeater status.
Luckily for Gilbert they have two more years before they're in repeater status.
Posted on 6/27/15 at 10:38 am to SlowFlowPro
quote:I think there is, or close to it.
and i don't think there is a 3x penalty at any phase
Posted on 6/27/15 at 10:41 am to shel311
From Bleacher Report, breakdown for regular and repeat offender penalties:
quote:
So, for example, instead of being charged $1.25 per dollar between $0 and $5 million over the threshold, the charge is $2.50 per dollar. And for each dollar between $5 million and $10 million, the repeater rate is $2.75 as opposed to $1.75. For each dollar between $10 million and $15 million, instead of being charged $2.50 per dollar (under normal circumstances), the charge is $3.50 per dollar
Posted on 6/27/15 at 10:54 am to shel311
When are FA's able to sign offer sheets?
Posted on 6/27/15 at 10:56 am to BehindtheWoodshed
the first
Posted on 6/27/15 at 11:29 am to WestCoastAg
Marc Stein on sportscenter seems to think Cousins will still get traded to the Lakers. He said Lakers are trying for a Cousins/LMA frontcourt
Posted on 6/27/15 at 11:32 am to NorthGAVol
Kobe, Aldridge, Russell, and Cousins ship
Posted on 6/27/15 at 11:36 am to philabuck
Lol a 6"9 center?? Nah.
Mozgov is much more valuable to this team than TT. I would gladly give him 15 mill over TT
Mozgov is much more valuable to this team than TT. I would gladly give him 15 mill over TT
Posted on 6/27/15 at 11:51 am to NorthGAVol
i would love that as long as we can keep d'angelo somehow
Posted on 6/27/15 at 11:56 am to Dr. Shultz
quote:
Lol a 6"9 center?? Nah.
Did you not watch any fourth quarter of the Cavs the past year?
I like Mozgov, but giving a center 50+ million who will be in his thirties for most of the contract is a gamble. Maybe it's because I've watched Z and Andy hobble up and down the court for the past 15 years.
Posted on 6/27/15 at 11:59 am to philabuck
David West likely to sign with Knicks, according to CBSSports
Posted on 6/27/15 at 12:25 pm to quail man
So David West turned down 12 mil this year to play for the fricking Knicks? They must be giving him a few year deal
Posted on 6/27/15 at 2:33 pm to NorthGAVol
quote:
Marc Stein on sportscenter seems to think Cousins will still get traded to the Lakers. He said Lakers are trying for a Cousins/LMA frontcourt
I think it's still more likely Karl gets fired before that happens.
In my selfish state also, I want to see a Cousins-WCS frontcourt badly
This post was edited on 6/27/15 at 2:35 pm
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