2021 Lakers relevant Salary Cap Q&A
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epic_
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PostPosted: Fri Jul 30, 2021 5:05 pm    Post subject:

vasashi17+ wrote:
epic_ wrote:
Can a pick that's swapped, be pick swapped again to another team?


Yep...for example 2023 1st is swapped with Pels. We can still include that pick swap in another trade where the pick we get is the lowest on the totem pole.

Pels get highest pick in 2023
Mystery team we trade with gets next highest in 2023
We get the lowest in 2023


Perfect. Thanks.
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PostPosted: Sat Jul 31, 2021 9:01 pm    Post subject:

Wait so is Buddy coming or not? What will it take to turn the trade for Brodie into a trade for Broddy? Don’t spare any details, V!

Russ 44.2m

Buddy 23.1m (unlikely incentives) - 25.6m (likely incentives)

Kuz 13m (post August 2nd)
Kcp 13m
Trez 9.7m

Schro 19.2m (S&t w/o BYC triggered)
McKinnie 1.9m (nonguaranteed contract)

So we already know the principle salary necessary for Russ. Kuz/Kcp/Trez aggregate to 35.7m and that’s enough to bring in Russ’s deal.

The tricky part is getting to Schro’s annual want without triggering BYC conditions. We want to avoid that at all costs, cause it really makes an already complex trade unnecessarily more difficult. However, if BYC is triggered, it would be best to loop in a cap having team like the Knicks to complete a legal trade.

Schro can count up to 19.2m in outgoing salary for us. If his annual is more than that amount, BYC is triggered and his outgoing salary will be anywhere from 16m - 16.9m (depending on if he gets his 30% max).

The other potential complexity is considering how much salary is needed for Buddy since his contract has a significant amount of incentives. The general rule for incentives is that all “likely” incentives are to be included in the salary amount towards a trade. “Unlikely” incentives are not included and do not have to be considered in salary matching for trades. However, in this scenario, he will be traded from a bottom feeder like Sac to a title contender here in LA.

So for example, if his contract stipulates that he gets incentives paid out to him if he plays at least 30 minutes per game, then that would be considered a “likely” incentive in Sac since he avg 34 minutes per game last year. However it could be classified as “unlikely” in LA if his defense (or lack thereof) forces Vogel to limit his minutes (as we saw with Trez this past season). Likewise if he has “unlikely” incentives in Sac (like making the WCF), those same incentives would be considered “likely” in his move to LA.

So here is a breakdown of his incentives where currently in Sac, he has about 600k in “likely” incentives and another 2.5m in “unlikely” incentives according to spotrac.

Quote:
Total 3-point percentage (greater than 40) and free throw percentage (greater than 85): 500k
Per game turnovers (less than 2): 500k
Defensive rating (less than 110.5): 500k
Top 10 in 3s made: 500k
Make All-Star: 500k
Make playoffs: 500k
Make second-round: 250k
Make WCF: 500k
Make NBA Finals: 1m

https://aroyalpain.com/2019/10/22/sacramento-kings-hield-contract-details/


So as you can see most of those incentives other than maybe Drtg should convert to “likely” incentives as a Laker.

So let’s assume they all are considered “likely”, which means he would then be considered a 25.6m salaried player for this upcoming season. So that being the case, we would need to aggregate a minimum of 55.8m in outgoing salary to go fetch both Brodie & Buddy aka Broddy’s combined 69.8m in salary. That would mean we need a minimum of 20.1m in additional salary to the Kuz/Kcp/Trez package.

Schro’s non-BYC triggering S&t deal would be 19.2m and that is actually the most he can count as outgoing salary for us. Additionally, if we could get Schro to agree to a starting 19.2m deal on a 4yr deal with 5% annual escalators, then that works out roughly to the 4yr/84m extension he idiotically turned down. He could save face by getting that deal back especially when the outlook of this current market may leave him on the outside, looking in.

So with Schro consenting on that non-BYC triggering starting annual of 19.2m, we would only need to guarantee at least 900k of McKinnie’s deal to grease that deal on through. Add some cash in the trade to whichever team that acquires McK, so that they can use that cash to buy him out with...and hopefully we’ll have a deal so that every Laker fan is happy. Yay to finally bringing in a 3rd max star. Yay to spacing by bringing in a shooter.

Ya Broddy!
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vasashi17+
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PostPosted: Mon Aug 02, 2021 2:36 pm    Post subject:

Quote:
Sources: The NBA has set salary cap for 2021-22 season, effective for August free agency: $112,414,000 cap, $136,606,000 tax line.

Cap, tax for 2022-23: $119, $145 — with cap level about $4 million higher than previous projections.

https://twitter.com/ShamsCharania/status/1422321889771462662


A bit of COVID cap correction is being seen for next summer. The salary cap was projected at 116m and now it looks to be in the 120m range.

So the fullMLE is projected to be 10.1m
miniMLE is projected to be 6.2m
biannual exception is projected to be 3.9m
(btw, we will be eligible to once again use the BAE next summer)

Also for the folks looking ahead with Russ's deal on our books, the cap apron next summer should then be projected to be around 151-152m, with Bron/AD/Russ (player option) accounting for 129.6m.

Btw, notice any omissions in team salary? Yep, Deng's corpse is finally off the books next summer.

Anyways enjoy the rest of this summer's free agency fam and if you have any questions hit me up or post it in this thread.
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vasashi17+
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PostPosted: Mon Aug 02, 2021 11:06 pm    Post subject:

So what’s this I hear about AC getting swapped out for a TPE?

First thing is first...let’s pour one out for the homie. I think it didn’t make any sense to let this guy walk, but apparently dude made way more cents than our FO was comfortable in giving. #TerribullOptics

That being said, let’s get to this TPE we supposedly etched out. It has not been confirmed yet, but following the crumbs, the Dipo for Olynyk/AvBrad trade to the Heat created an 8.3m TPE for the Rox. The Rox had previously had a 10.7m TPE via the Harden trade and took in AvBrad (5.6m) into that TPE. Then the trade for Dipo (21m) essentially became an 1 for 1 for Olynyk (12.7m) where the difference in their contracts is the 8.3m TPE that was left on the Rox books.

Theis got a 4yr 36m deal where his yr1 salary could be 8.4m (Dipo TPE + 100k) and with 5% annual escalators it works out to just under 36m.

And then we got reports of AC getting a 4yr 37m deal which once again was sub fMLE (ie about 1m short of the full 9.5m). So with Theis S&t’d to the Rox, the Bulls etched out an 8.4m TPE for themselves, which they can use to bring in a S&t’d AC newly inked at 8.5m which works out to about 36.6m (ie maybe the reported 37m was a rounded up figure).

Why all the teams would do this is cause the Rox/Bulls keep their fMLE and we get a TPE out of it.

But here’s the rub...Theis made 5m last season + Chicago is also operating as a capped out team and if his deal is starting at 8.4m, that is more than a 120% raise. So that would trigger BYC conditions, meaning the Bulls TPE is actually worth 5m and clearly isn’t large enough to fit AC’s new 8.5m deal into.

So I would assume, the Rox used the Dipo TPE for Theis, but the Bulls either used the fMLE or found some way to gain a TPE within the Zo S&t. I guess we’ll find out soon enough.

Let’s just assume AC was S&t’d to the Bulls, if no salary comes back then we would be sitting on a 4.3m TPE and could bring back a 4.4m player on an already established deal. It obviously cannot be a player brought back in a S&t cause that would hard cap us.

As for other questions about the use and timing of a TPE, it can be found on the 1st page of this thread. But essentially we have 1yr from the date it was created to use a TPE and it can be broken up/reused to bring in more than one guy. Also a TPE cannot be aggregated with other exceptions and/or salaried players ie it cannot makeup the difference in a trade that needs more salary aggregation.

I hope that clears up some confusion around this potential TPE or TPEs in general.
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Last edited by vasashi17+ on Sun Aug 08, 2021 6:12 am; edited 1 time in total
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vasashi17+
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PostPosted: Tue Aug 03, 2021 2:23 pm    Post subject:

So I hear the tax man coming for us...but for how much?

1. Russ 44.2m
2. Bron 41.2m
3. AD 35.4m
4. THT 9.9m
5. Nunn 4.9m
6. Gasol 2.7m
7. Melo 1.7m
8. Dwight 1.7m
9. Baze 1.7m
10. Ariza 1.7m
11. Monk 1.7m
12. Ellington 1.7m
Deng corpse 5m
= 153.5m in team salary

Meaning we are ~17m over the luxury tax threshold (ie 136.6m).

Now depending on if you’re a repeat offender in paying taxes for 3 of the last 4 years, the team gets hit with a stricter repeater tax rate. We paid taxes last year, but not the 2 years before last, so fortunately (pun intended) we avoid the repeater tax rates.

Non-repeater Tax rates are as follows:

$0 - 4.99m ———> 1.5 (7.5m)
$5m - 9.99m ——> 1.75 (8.75m)
$10m - 14.99m —> 2.5 (12.5m)
$15m - 19.99m —> 3.25 (16.25m)
$20m - 24.99m —> 3.75 (18.75m)
$25m - 29.99m —> 4.25 (21.25m)
$30m - 34.99m —> 4.75 (23.75m)
$35m - 39.99m —> 5.25 (26.25m)
$40m - 44.99m —> 5.75 (28.75m)
$45m - 49.99m —> 6.25 (31.25m)

So since we are roughly 17m over the luxury threshold, that 1.5 rate applies to the first 5m that we are over (7.5m), then the next 5m we have a 1.75 rate that applies (8.75m)...and so on and on:

7.5 + 8.75 + 12.5 + 6.5 (ie 3.25 rate towards 2m) = 35.25m in a tax bill

That would be the highest bill we’ve ever paid as a team.

But for some context, look to a repeat tax offender by our neighbors in the bay, Lacob, projects to owe 197m.

Tsai/BK with Patty Mills on the mMLE in the fold saw their bill go from 93m to 122m in taxes.

So for those that still would have liked AC to remain here (I being one of them) taking up one of those remaining roster spots, it would have costed an additional 30m (on a total 65.5m tax bill).

I know I know...it’s not my money. But (bleep), AC aka the honey badger was worth it. Him next to Bron & Russ would have been sweet!
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vasashi17+
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PostPosted: Fri Aug 06, 2021 6:06 am    Post subject:

What now? How many more options do we have left to fill out the roster?

With the FA moratorium set to expire at 9am PT, FA signings & trades can be finally made official.

It’s curious we have only 12 players accounted for (not including our 2way players). We need to take at least 13 into the start of the season. S&ts are also no longer an option once the season starts cause those transactions can only take place during the offseason.

So since Nunn used up 10m of a potential 12m on a two year deal of the miniMLE, it appears his yr1 deal starts at 4.9 with his y2 being 5.1m.

Rookie minimum deals start at 930k, so with the remaining minMLE we can offer a rookie the remainder of our mMLE and since it would be the mMLE and not the vet min exception, we can offer that rookie a 3yr deal instead of just a 2 year deal. See THT’s case where that is exactly what happened, where we ran out of cap space in 2019, so we used the vet min exception to sign THT and tgat is why he became a RFA this summer only after 2 years.

So with the remaining portion of our mMLE accounted for, the only other thing we can do now is use vet mins & S&ts using our FAs to round the remaining 2 spots if we want to take a roster of 15 into the start of the year.

Knowing we have the outstanding Schro situation and knowing that his camp wants a starting pay at around 20m, if you scour the league for potential cap space, there are only a few remaining with the ability to give Schro significantly more than the fMLE via their existing TPEs.

Bk: 11.5m Dinwiddie TPE (can’t use it to S&t for Schro since they are way over apron and would be hardcapped if they bring in a S&t’d player

Dallas: 10.9m JRich TPE (Stein claims Dallas has no interest in Schro and at that starting number, I’m not sure this option is realistic)

Okc: 27.5m Adams TPE expiring 8/9/21; 12.8m Ariza TPE expiring 2/3/22; 9.6m GHill TPE expiring 2/11/22

Orlando: 17.2m Fournier TPE expiring 2/11/22

Utah: 9.7m Favors TPE expires 8/6/22

So as you can see if Schro wants more than the fMLE, then Okc or Orlando have to be involved in some way.
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PostPosted: Fri Aug 06, 2021 12:58 pm    Post subject:

Thank you for providing this excellent information. Not only are you a master of the cap but you explain it so well. Much respect.
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vasashi17+
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PostPosted: Fri Aug 06, 2021 8:33 pm    Post subject:

ThePageDude wrote:
Thank you for providing this excellent information. Not only are you a master of the cap but you explain it so well. Much respect.


Before you were just some dude...but now you my guy...ThePageBrodie!

https://tenor.com/bciJU.gif

Btw, for those wondering, we cannot S&t Schro into another team’s (ie Boston’s) fMLE.
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PostPosted: Sat Aug 07, 2021 11:27 am    Post subject:

vasashi17+ wrote:


7.5 + 8.75 + 12.5 + 6.5 (ie 3.25 rate towards 2m) = 35.25m in a tax bill



Vasashi, since NBA teams must carry a minimum of 13 spots doesn't the last spot salary of 1.7 need to be added to calculate the total salary - since the Lakers will pay that no matter what?
Doing so would increase the tax figure:

Total for 13 spots = 153.5 + 1.7 = 155.2
Luxury tax = 35.25 + (3.25 x 1.7) = 40.5
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vasashi17+
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PostPosted: Sat Aug 07, 2021 11:40 am    Post subject:

ThePageDude wrote:
vasashi17+ wrote:


7.5 + 8.75 + 12.5 + 6.5 (ie 3.25 rate towards 2m) = 35.25m in a tax bill



Vasashi, since NBA teams must carry a minimum of 13 spots doesn't the last spot salary of 1.7 need to be added to calculate the total salary - since the Lakers will pay that no matter what?
Doing so would increase the tax figure:

Total for 13 spots = 153.5 + 1.7 = 155.2
Luxury tax = 35.25 + (3.25 x 1.7) = 40.5


You’re absolutely right.

I had done the calculations before McK was waived. I edited it after he was waived but did not put a 13th vet min cap holder in his place...so great catch! Thx brodie!
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PostPosted: Sat Aug 07, 2021 11:43 am    Post subject:

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PostPosted: Sat Aug 07, 2021 11:51 am    Post subject:

Oh, it also means total payroll = 155.2 + 40.5 = 195.7
I'm seeing posts quoting the Lakers being in the 180's - no way, they're paying at least $195 million in total salary including lux tax. I bet the budget was $200 million to be on par with Milwaukee spend-wise and they've basically attained it.
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PostPosted: Mon Aug 09, 2021 5:00 am    Post subject:

So a couple of quick edits, one being towards the aforementioned portion of the Nunn mMLE...

Quote:
So since Nunn used up 10m of a potential 12m on a two year deal of the miniMLE, it appears his yr1 deal starts at 4.9 with his y2 being 5.1m.

Rookie minimum deals start at 930k, so with the remaining minMLE we can offer a rookie the remainder of our mMLE and since it would be the mMLE and not the vet min exception, we can offer that rookie a 3yr deal instead of just a 2 year deal. See THT’s case where that is exactly what happened, where we ran out of cap space in 2019, so we used the vet min exception to sign THT and tgat is why he became a RFA this summer only after 2 years.


According to spotrac, it appears Nunn’s yr1 deal is 5m flat with the 2nd year having a standard 5% escalator applied. What this means is that just about 900k is left from the mMLE and at the bare minimum we need 925k to give someone a rookie vet min. Seeing how we have 5.9m in cash that every team gets during the year, we cannot apply that to a contract other than as a signing bonus. So it appears the 900k remaining of the mMLE will go unused and will save us roughly 2.9m in luxury taxes (ie net of about 3.8m saved).

Which brings us to the second edit...it appears THT’s yr1 starts at 9.5m with early bird annual escalators of 8%. So applying this along with Nunn’s yr1 salary, we now have the roster breakdown below:

Quote:

1. Russ 44.2m
2. Bron 41.2m
3. AD 35.4m
4. THT 9.5m
5. Nunn 5m
6. Gasol 2.7m
7. Melo 1.7m
8. Dwight 1.7m
9. Baze 1.7m
10. Ariza 1.7m
11. Monk 1.7m
12. Ellington 1.7m
13. Vet min cap holder 1.7m
Deng corpse 5m
= 154.9m in team salary

Meaning we are 18.3m over the luxury tax threshold with the necessary 13 minimum rostered players to start the season...so we project to pay about 39.5m in luxury taxes.


One final thought is that we waived McK’s nonguaranteed 1.9m and we had till 2/10/22 to really execute that decision. So we cleared 3 roster spots with that move and since we still have Schro’s bird rights, we could be potentially angling to send him out and bring at least a couple bodies back our way on cheaper deals.

One key TPE is set to expire today: OKC’s Adams 27.5m TPE would be a key cog in bringing back next to no salary back to us if the gameplan is to actively avoid paying further taxes. If Okc uses a portion of Adam’s TPE to absorb Schro’s new deal while sending back 2 minimum players that are on nonguaranteed deals like Charlie Brown Jr and Kenrich Williams, it would allow us a lot of flexibility in rounding out those last 3 roster spots. When it comes to Okc however, outside of SGA, I’m still eying Klutch klient Bazley is a potential get. Although it’s highly unlikely it comes via a Schro S&t.
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PostPosted: Mon Aug 09, 2021 6:30 pm    Post subject:

So are we stuck with Schro now that OKC’s Adams 27.5m TPE has expired?

So I kept sounding the alarm that a large TPE was going to expire today....today came and went...and the NBA seemed to snooze on it. Which got me thinking, such a large TPE would have made some buzz on NBA Twitter, at the very least.

My bad fam...due to the abridged season last year, all TPEs created are not suddenly placed on an equally abridged clock.

They still have 1 yr to expire, condensed season or not....so Adams TPE will expire on November 24th.

Below are a list of TPEs greater than the fMLE (9.5m) and when they are set to expire:

Quote:
Boston
Tristan Thompson, 9.7m, 8/7/22

Brooklyn
Spencer Dinwiddie, 11.5m, 8/6/22

Dallas
Josh Richardson, 10.9m, 7/31/22

New Orleans
Steven Adams, 17.1m, 8/6/22

OKC
Steven Adams, 27.5m, 11/24/21
Trevor Ariza, 12.8m, 2/3/22
George Hill, 9.6m, 2/11/22

Orlando
Evan Fournier, 17.2m, 2/11/22


So if you’re eying TPEs to create for Schro still, keep an eye for the teams above since they will be the ones capable of taking Schro into their TPE and creating a large enough one for us without sending any salary back.

Apologies for getting that info incorrect again.

Btw, we big time now. If for whatever reason this Q&A thread still has you confused about the CBA and how it pertains to the Lakers, “stick” with it and you’ll #GetFamiliar soon enough.
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PostPosted: Wed Aug 11, 2021 8:08 am    Post subject:

With the loss of AC & Schro without a TPE to show for it, what remaining assets do we have to improve the team going forward?

Well if we include the big3, Russ for example can bring in about 55.5m in salary just by himself. So roster turnover can easily be achieved if we put those guys on the block. But we won’t...obviously! That being said, when the time comes for Dame, would the FO entertain Russ/THT/2027 1st//2028 1st swap/multiple future 2nds for Dame? We’ll see if they do and if it’s enough for Portlandia.

So outside our big3, we can trade THT on or after Jan. 15th till the trade deadline. He will be able to bring in up to 12m in a salaried player. Every other FA signing is available to trade on or after Dec. 15th with only Nunn making enough where salary would be able to come back (FYI: since all our other deals are vet mins, other teams can trade for these players and absorb them entirely into their vet min exceptions without needing to send any salary back). So sending Nunn out by himself, can bring back a 6.4m salaried player and if we aggregate THT/Nunn then they both can bring back as much as 18.2m in salary.

The trade deadline date is not set yet, but should be some time in early February.

Things get interesting as we head into next summer tho...

We don’t have both our 1st & 2nd rounders in 2022.

We can have up to 8 FAs next summer and can only entice them to stay on 120% raises via their non-bird rights.

Assuming a 27y/o Nunn opts out of his sub-mMLE deal to seek anything more lucrative (FYI: we can only offer Nunn a max of 6m if he opts out), then we will field a team salary of 140m for just Russ/Bron/AD/THT.

The projected salary cap is set to 119m, the projected luxury tax threshold is set to 145m and the projected cap apron is set to about 151m. The fMLE is projected to be 10.1m, the mMLE should be around 6.2m, the BAE will be about 3.9m and the vet min exceptions will be about 1.8m each.

So as you can see, with just 4 players, we are about 10m away from the apron. So using the fMLE to trigger the hard cap is most likely out of the question.

Although we can once again use it next summer, the same can also be implied for the BAE since that too also triggers the hard cap.

So it appears we will only be in position to once again just use the mMLE, vet min exceptions and enticing our non-bird FAs to trivial 120% raises, since we only have THT’s deal as the only other immediate non-big3 asset to flesh out the roster.

In terms of future draft assets, we have 2 2023 2nds, 2 2024 2nds, 1 2025 2nd, 1 2027 2nd, 2 2028 2nds and access to our 2027, 2028 and 2029 1sts.

But now the good news...that non-asset corpse of Deng is finally off our books next summer.
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PostPosted: Wed Aug 11, 2021 3:44 pm    Post subject:

vasashi17+ wrote:

But now the good news...that non-asset corpse of Deng is finally off our books next summer.


That thing continued to cost us year after year. Probably could make a good case we'd have kept AC here this season if we didn't have that dead weight strapped to us.
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PostPosted: Thu Aug 12, 2021 4:23 pm    Post subject:

DancingBarry wrote:
vasashi17+ wrote:

But now the good news...that non-asset corpse of Deng is finally off our books next summer.


That thing continued to cost us year after year. Probably could make a good case we'd have kept AC here this season if we didn't have that dead weight strapped to us.


Yep...folks arguing that AC would cost us 38m in total salary + tax. Uh, imagine the tax break if Deng was off the books instead. That’s a 14.75m tax bill and nearly 20m total comes off the books without that corpse occupying space.

If Deng wasn’t on the books and we replaced that cap hit with AC, then our tax bill of 40.5m (with a min roster of 13) would be 45m instead.

An additional 5m in tax for AC’s 8.6m on the books instead of Deng’s 5m...who wouldn’t take that exchange? And if they prefer the current version of the Lakers, they’re out of controll and they need to be stopped.
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wolfpaclaker
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PostPosted: Thu Aug 12, 2021 4:41 pm    Post subject:

Someone remind me again
Why did we stretch Deng and not let his deal with expire? Was it instrumental to making cap for Lebron?
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vasashi17+
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PostPosted: Thu Aug 12, 2021 5:20 pm    Post subject:

wolfpaclaker wrote:
Someone remind me again
Why did we stretch Deng and not let his deal with expire? Was it instrumental to making cap for Lebron?


Nope...Bron was already in the saddle when we decided to stretch-waive Deng. He had 2 years remaining on his 36.7m deal (18m, 18.7m). He agreed on a buyout where he gave up about 7.3m.

We actually strategically waived him after Sept 1st, so that he would count as a 14.4m cap hit towards our 2018/19 cap sheet and then count as a 5m cap hit for the next 3 seasons as a stretched cap hit. Had we stretched him before Sept 1st and during the 2018 free agency period, we would have gained cap roughly 8.5m in cap space where Deng would count as a 5.9m cap hit from the 2018/19 season to the 2022/23 season. So with the current strategy we have his 5m cap hit finally come off in the summer of ‘22. If we used the other option, we would have had a 5.9m cap hit finally come off in the summer of ‘23.

Never understood why we waived him when we did, cause we could have completely gotten off his deal during the 2018/19 season heading into the 2019 offseason, since he was an expiring 18.7m player. We probably needed a few 2nd rounders to move off his deal, but I find it hard to justify the fashion in which we stretch-waived him. Could have just as easily stretch waived him after Kawhi committed. Could have also used him in salary matching for the AD trade. It’s been a myriad of cluster (bleep) by our FO, but I’ve been told I need to keep my criticism in controll.

Either way, it is what it is and thankfully next summer it will be considered a was, as in “Deng’s salary corpse was here.”

https://bleacherreport.com/articles/2794168-lakers-news-luol-deng-buyout-leaves-la-with-38m-in-salary-cap-space
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vasashi17+
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PostPosted: Fri Aug 20, 2021 6:57 am    Post subject:

So with the Lakers at 12 on the roster, we are rumored to make 2 more player signings to roster 14 at the start of the year. What other teams have the opposite problem, where they need to cut/waive players (and by association, provide more potential FAs to the pool) to field a maximum of 15 on the roster to begin the year?

Teams that need to cut players

Boston: 16 rostered; 1 cut mandatory; Jabari Parker is the only nonguaranteed deal they have on their books

Charlotte: 16; 1; Cody Martin, Jaden McDaniels nonguaranteed

GS: 16; 1; Gary Payton II, Damion Lee, Mychal Mulder nonguaranteed

Memphis: 18; 3; Sam Merrill nonguaranteed

Milwaukee: 16; 1; Elijah Bryant, Mamadi Diakite, Georgios Kalaitzakis nonguaranteed

NO: 16; 1; Wenyen Gabriel nonguaranteed

NY: 16; 1; Luca Vildoza, Dwayne Bacon nonguaranteed

SA: 17; 2; Drew Eubanks nonguaranteed

Toronto: 16; 1; Yuta Watanabe, Sam Decker, Isaac Bonga, Freddie Gillespie nonguaranteed

Teams that need to add players

Lakers: 12 rostered & have to add 1 more to field a minimum of 13 to begin the season; we only have vet mins to offer

Chicago: 12; 1; 936k remaining of fMLE/BAE/5m TPE available to use

Minnesota: 11; 2; fMLE/BAE/4.75m TPE available to use

Since there is a reunion of sorts with many players this offseason (ie Dwight, Ariza, Ellington and Baze), since they were Lakers before, do we regain their bird rights to exploit better deals next offseason?

No...the player only gains bird rights if they are with the same team for 2-3 successive years (ie not hitting waivers in-between seasons). So although Dwight will have been a Laker for the 3rd time now, his history with us does not trigger bird rights next offseason. Had he reupped with us last year instead of gone to Philly, we would have been able to use early bird rights to give him up to 10.5m this coming season on a mandatory minimum 2yr deal (assuming he took the vet min again with us last year). Anyways needless to say, all our 1yr deals (including a likely Nunn opt out) will give us non-bird rights this coming summer to give them 120% raises of their vet min deals (and Nunn up to 6m).
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vasashi17+
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PostPosted: Wed Aug 25, 2021 5:30 pm    Post subject:

We have 890k remaining from our mMLE. Will we be able to use it to sign a FA?

TL;dr: Yes, but we would have to wait roughly 1 week into the regular season (ie Oct 26th) to sign a player who is eligible to a prorated rookie min deal of 925k.

Other than the traded player exception (TPE) and the disabled player exception (DPE), all other exceptions begin to prorate during the course of the regular season. The veteran minimum exception begins to prorate on Oct 19th (opening day of regular season) until it expires to $0 on April 10th (final day of regular season). Both the taxpayer & non-taxpayer mid level exceptions (mMLE & fMLE) along with the biannual exception (BAE), room exception and all Bird exceptions (non/early/full) begin to prorate on Jan 10th.

Proration rate is determined by a scale based on how many days there are to a given season. For the 2021/22 season, the regular season begins on Oct 19 2021 and ends on April 10 2022. The play-in tournament goes from April 12-15 2022, with the playoffs beginning on April 16 2022. That would mean there are 173 days to the regular season and 178 days if the play-in tourney is included.

I am not completely sure what proration is based on, but I’m assuming that the proration scale is based on 173 days since the play-in tourney only impacts a select few teams.

So knowing that proration on the remaining amount of the mMLE will begin to occur on Jan 10 2022, we will be able to sign a player to 890k from the start of the season up till Jan 10th. From that point on, it will prorate down at a rate of ((173 - x)/173) * 890k; where x is the amount of days that have elapsed over the season. So for example on Jan 11 2022, our remaining 890k of the mMLE becomes a prorated amount of 432k.

Since the absolute minimum in salary that can be offered this season is 925k (ie rookie minimum), we won’t be able to sign an undrafted rookie player with 0 years of experience right now. We would have to wait 1 week into the regular season to have that rookie min exception amount prorate down from 925k to 890k (ie (166/173) * 925k = 890k).

Recall that veteran minimum exception contracts can only be up to 2 years in length. Meanwhile the MLEs can be contracts that are greater than 2 years in length. So after a week into the regular season, we have the option of either using our remaining 890k from our mMLE to offer a new deal greater than 2 years in length or we can offer the prorated amount of 890k of a rookie veteran minimum deal and offer a deal of up to 2 years in length. So we can use a vet min deal at any point during the season, but it can only be for up to 2yrs in length. If we’re looking to offer a 3-4yr deal, we have to use the remainder of the mMLE and that means we have to wait 1 week into the season (Oct 26th) to maximize that deal at 890k and have till Jan 10th to use it at that amount before it prorates down to nearly half that amount on Jan 11th.

FYI: vet min deals where the player has 0 years of experience is a 925k (ie rookie min) cap hit; vet mins to players with 1 year of experience is a 1.49m cap hit; vet mins to players with 2 or more years of experience is a 1.67m cap hit.
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vasashi17+
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PostPosted: Mon Aug 30, 2021 9:30 am    Post subject:

Ron’Do-over / Associated Luxury Tax primer

1. Russ 44.2m
2. Bron 41.2m
3. AD 35.4m
4. THT 9.5m
5. Nunn 5m
6. Gasol 2.7m
7. Melo 1.7m
8. Dwight 1.7m
9. Baze 1.7m
10. Ariza 1.7m
11. Monk 1.7m
12. Ellington 1.7m
13. Rondo 1.7m
Deng corpse 5m
= 154.9m in team salary
= 39.5m in taxes (ie 18.3m over tax line)
= 194.4m in combined team salary + associated luxury taxes

FYI: all our vet min deals count as 1.7m cap hits even though they will all make more than that amount via compensation from the league. For example, Rondo as a 10+ seasoned vet will make up to 2.6m on a vet min deal this year, but the 900k difference from his cap hit on our books is compensated from the league and won’t come out of ownership’s pockets.
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vasashi17+
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PostPosted: Fri Sep 03, 2021 3:16 pm    Post subject:

This party is lit, but what’s the DJ gonna cost us?

1. Russ 44.2m
2. Bron 41.2m
3. AD 35.4m
4. THT 9.5m
5. Nunn 5m
6. Gasol 2.7m
7. Melo 1.7m
8. Dwight 1.7m
9. Baze 1.7m
10. Ariza 1.7m
11. Monk 1.7m
12. Ellington 1.7m
13. Rondo 1.7m
14. DJ 1.7m
Deng corpse 5m
= 156.6m in team salary
= 45m in taxes (ie 20m over tax line)
= 201.6m in combined team salary + associated luxury taxes

FYI: any additional salary from this point on (ie signing a 15th player) will trigger a 3.75 tax rate for every dollar spent. We were previously experiencing a 3.25 rate towards salary that placed us 15-20m over the 136.6m tax line.
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Last edited by vasashi17+ on Fri Sep 10, 2021 11:17 am; edited 1 time in total
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vasashi17+
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PostPosted: Fri Sep 10, 2021 11:10 am    Post subject:

So how our books/assets looking after the hermaNO trade?

1. Russ 44.2m
2. Bron 41.2m
3. AD 35.4m
4. THT 9.5m
5. Nunn 5m
6. Melo 1.7m
7. Dwight 1.7m
8. Baze 1.7m
9. Ariza 1.7m
10. Monk 1.7m
11. Ellington 1.7m
12. Rondo 1.7m
13. DJ 1.7m
Deng corpse 5m
= 153.9m in team salary
= 36.2m in taxes (ie 17.3m over tax line)
= 190.1m in combined team salary + associated luxury taxes

We lost our 2024 2nd, but gained a TPE that could bring back as much as 2.8m in a trade this season. We also gained the rights to a player that I’m sure will never be in a Laker jersey for the foreseeable future. Plus rumor has it, we prefer Ennis over Wang (pause) for that 14th roster slot.

We also sent out 250k in cash and that means we have roughly 5.6m on cash left to deal in future trades for the remainder of the season.
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vasashi17+
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PostPosted: Wed Sep 15, 2021 11:19 am    Post subject:

Should we expect Russ to re-up?

Imho, I certainly think so.
TL;dr: https://youtu.be/JeXN050QbFA

COVID cap correcting has already occurred since early projections had the 2022/23 season salary cap at 116m, but now projections show it at 119m instead.

https://mobile.twitter.com/shamscharania/status/1422321889771462662

By rule, the salary cap has to increase at a minimum of 3% per season and can max out at a 10% increase. If these current projections stick, the annual increase in salary cap from this season (set at 112.4m) to the 2022/23 season (projected to be 119m) is about 6%. Let’s assume it goes up to the max of 10%, then we’re looking at the salary cap being 123.6m.

Also something to note, the current CBA expires after the 2023/24 season, but there is an early opt out option after the 2022/23 season and that decision has to be made by December 15, 2022.

A Russ max extension will impact our books and the associated taxes that would be involved. Recall we have avoided taxes for the 2019/20 season, but have paid taxes for the 2020/21 season and project to pay for this 2021/22 season. In order to be classified as a repeat tax offender, a team must have paid taxes in at least 3 of the previous 4 seasons. However, we wouldn’t be classified as a repeat tax offender, facing more punitive tax rates, till the 2023/24 season...and there’s a possibility that the current CBA and its tax codes get rewritten if the 2022/23 opt out occurs before the 2023/24 season in which we would experience our first punitive tax hikes as a repeat offender.

So all that goes into saying a possible Russ extension really wont cost us as a repeat tax offender till the 2023/24 season, of which that only happens if the current CBA and its present tax codes remain and are not opted out of.

Also keep in mind, that the salary cap and associated tax lines could keep increasing at a max 10% rate. If this occurs, potential taxes would not be as severe.

As for the absolute most and immediate bag Russ could make and how it would break down, he would technically have to bypass the traditional extension route by opting out of his 2022/23 47.1m player option and then re-upping on a new 2yr minimum extension deal at a starting 105% of his previous PO:

2022/23: 49.5m (105% of his 47.1m player option)
23/24: 53.4m (8% annual escalator via full bird rights)
24/25: 57.7m (player option to line up with AD’s potential final year)
=3yr/160.6m

Note: this route gives Russ the biggest potential bag considering that his current deal does not have 8% annual escalators and that would remain on any potential extension he chose to sign this offseason or next via opting into his player option.
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