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Sticky: ESTIMATED Cavs team salaries next 2 years and our cap space for summer 2010 - updated 2/21/2010
7 months ago  ::  Sep 14, 2009 - 3:28PM #121
Chuck
Posts: 31

Hey Golfer-


thanks for all the posts and great info. Im trying to understand the EXCEPTIONS. Say arbitrarily that cavs salary is 80 mil.  Now if u were to take the MLE and BAE and ROOKIE exceptions then wouldnt that potentially be (5.854 + 1.672 + rookie) around 7.526 mil (+ rookie). And then u would take total salary 80 mil and minus the exceptions from that (80-7.526)= $72.474 mil in order to calculate true amount to figure amount over luxury tax?  If u can give me thread explaining how that stuff works it would help. Thanks! (info i know so far i got from wikipedia).

7 months ago  ::  Sep 14, 2009 - 6:22PM #122
Golfer2
Posts: 1,966

Sep 14, 2009 -- 3:28PM, Chuck wrote:


Hey Golfer-


thanks for all the posts and great info. Im trying to understand the EXCEPTIONS. Say arbitrarily that cavs salary is 80 mil.  Now if u were to take the MLE and BAE and ROOKIE exceptions then wouldnt that potentially be (5.854 + 1.672 + rookie) around 7.526 mil (+ rookie). And then u would take total salary 80 mil and minus the exceptions from that (80-7.526)= $72.474 mil in order to calculate true amount to figure amount over luxury tax?  If u can give me thread explaining how that stuff works it would help. Thanks! (info i know so far i got from wikipedia).




Chuck, I just got around to updating my numbers for the 2009/10 season (first post in this thread).  From those numbers, our team salary as of today is about $78 million.  That could change by the end of the season.


 


The team salary used for determining the luxury tax payment is the team salary as of the final day of the season.  If our team salary stays at (about) $78 million, our luxury tax hit will be about $8 million.  The exceptions are not subtracted from the team salary.


 

56-15 (65-17)
#1 seed in the league
Defense wins championships
7 months ago  ::  Sep 14, 2009 - 11:36PM #123
Chuck
Posts: 31

Sep 14, 2009 -- 6:22PM, Golfer2 wrote:


Sep 14, 2009 -- 3:28PM, Chuck wrote:


Hey Golfer-


thanks for all the posts and great info. Im trying to understand the EXCEPTIONS. Say arbitrarily that cavs salary is 80 mil.  Now if u were to take the MLE and BAE and ROOKIE exceptions then wouldnt that potentially be (5.854 + 1.672 + rookie) around 7.526 mil (+ rookie). And then u would take total salary 80 mil and minus the exceptions from that (80-7.526)= $72.474 mil in order to calculate true amount to figure amount over luxury tax?  If u can give me thread explaining how that stuff works it would help. Thanks! (info i know so far i got from wikipedia).




Chuck, I just got around to updating my numbers for the 2009/10 season (first post in this thread).  From those numbers, our team salary as of today is about $78 million.  That could change by the end of the season.


 


The team salary used for determining the luxury tax payment is the team salary as of the final day of the season.  If our team salary stays at (about) $78 million, our luxury tax hit will be about $8 million.  The exceptions are not subtracted from the team salary.


 




Wow. Ok thanks for info and response. This unfortunately confuses me further as to figure out why or how there are EXCEPTIONS and/or why they are even required. . .  (if baseline of determining salary and luxury tax is simply the total cost of all salaries)

7 months ago  ::  Sep 14, 2009 - 11:39PM #124
Chuck
Posts: 31

well . . ok. . maybe EXCEPTIONS are just another way of paying player more under CBA. I was thinking it had something to do with salary of team.

7 months ago  ::  Sep 15, 2009 - 8:15AM #125
Golfer2
Posts: 1,966

Sep 14, 2009 -- 11:39PM, Chuck wrote:


well . . ok. . maybe EXCEPTIONS are just another way of paying player more under CBA. I was thinking it had something to do with salary of team.




 


Read this for an explanation of exceptions.


 


Read this for an explanation of what is included in the determination of team salary.


 


There will be a quiz tomorrow.     Wink

56-15 (65-17)
#1 seed in the league
Defense wins championships
7 months ago  ::  Sep 15, 2009 - 9:31PM #126
Chuck
Posts: 31

thanks again G2!  Hey- they named sports drink after u i think! :P 


btw- im gonna flunk that quiz b/c its bit complicated to understand it just after reading it for few mins and not really grasping or having motivation to fully grasp it all rite now. but thanks!

4 months ago  ::  Nov 20, 2009 - 7:20PM #127
V
Posts: 317

Aug 27, 2008 -- 8:41AM, Golfer2 wrote:


ESTIMATED Cavs team salaries - updated 10/6/2009:


>


2008/09:
1. Wallace: 14,500,000
2. James: 14,410,581
3. Szczerbiak: 13,775,000
4. Ilgauskas: 10,841,615
5. Varejao: 5,784,480
6. M. Williams: 8,353,000
7. Pavlovic: 4,500,000
8. Gibson: 3,700,000
9. Hickson: 1,329,480
10. Tarence Kinsey: 797,581
11. West: 3,850,000
12. Jackson: 450,000
13. Lorenzen Wright: 797,581
14.Joe Smith: 1,200,000


15. J. Williams: 354,866


Total: 83,508,952


>
Salary Cap (actual): 58,680,000
Luxury Tax Limit (actual): 71,150,000
MLE (actual): 5,585,000
BAE (actual): 1,910,000


>


>


2009/10
1. Shaq: 21,000,000
2. LeBron: 15,779,913
3. Ilgauskas: 11,541,074
4. Gibson: 4,088,500
5. JJ Hickson: 1,429,200
6. Mo Williams: 8,860,000
7. Delonte West: 4,254,250
8. Anderson Varejao: 6.300,000 (estimated)
9. Anthony Parker: 2,644,230 (estimated)
10. Jamario Moon: 2,750,000 (estimated)
11. Darnell Jackson: 736,420 (not guaranteed)
12. Danny Green: 457,588 (estimated)


13. Jawad Williams: 736,420 (not fully guaranteed)


14. Leon Powe: 855,189 (estimated)


15.
>
Total: 78,088,554


>
Salary Cap (actual): 57,700,000
Luxury Tax Limit (actual): 69,920,000
MLE (actual): 5,854,000
BAE (actual): 1,990,000
>


>
2010/11
1. LeBron: 15,120,000 (estimated cap hold - 30% of the salary cap)
2. Gibson: 4,015,334
3. Delonte West: 4,500,000 (guaranteed for only 500,000 if waived)
4. JJ Hickson: 1,528,920 (team option)
5. Darnell Jackson: 854,389 (Not guaranteed)
6. Mo Williams: 9,300,000
7. Anderson Varejao: 7,000,000 (estimated)
8. Anthony Parker: 2,855,770 (estimated)
9. Jamario Moon: 2,970,000 (estimated)
10. Danny Green: 762,195 (estimated)
11. 2010 first round pick: 1,020,960 (pick #30)
12. Powe: 915,852 (team option)
13. ????
14. ????
15. ????



Total: 50,043,420


>
Salary Cap (estimated): 50,400,000
Luxury Tax Limit (estimated): 63,000,000
MLE (estimated): 5,500,000


BAE (actual): 2,080,000>>


 





I don't want to here it anymore. Dwade has to come here. It's our best chance of keeping LeBron and winning a championship. Instead of finding ways for him not to be here whe should focus on finding scenarios that could make it possible= championship!!!!

4 months ago  ::  Nov 21, 2009 - 12:14PM #128
D-Wreck (The Lost Boys)
Posts: 8,040

only ways to get wade are if Miami wants to trade him him to us, or if Wade will sign for the MLE,


not likely

Anderson Varejao is the best pick and roll defender in the league and I will fight you if you disagree.

When we look back in 3 years, everybody is going to say how much of a bargain Varejao's contract is

I hope nobody freaks out when LBJ does his Tim Duncan impression and actually entertains offers this summer just to keep the organization on their toes before he signs a 3-4 year deal
4 months ago  ::  Nov 26, 2009 - 1:42PM #129
V
Posts: 317

Nov 21, 2009 -- 12:14PM, D-Wreck (The Lost Boys) wrote:


only ways to get wade are if Miami wants to trade him him to us, or if Wade will sign for the MLE,


not likely





My thoughts that Shaq. LBJ and Dwade and all other possible Cavs renegociated contracts in 2010 agree to lower their salaries for 2 years -possibled Shaq retirement- to maximize their chances of winning in 2011 and 2012. After that, LBJ and DWade could play in Cleveland together for the rest of their careers with increasing salaries, after Shaq's departure. If we do not win this year. I believe that it's only because we miss one thing: another star. LeBron and Wade want to be on the same team and Cleveland could be that catalyst if management finds any plausible scenario. I'm pretty sure that there is a way. After all, if there's a will, there's a way: it's the best way to keep LeBron and win championships too!

4 months ago  ::  Nov 26, 2009 - 9:28PM #130
Golfer2
Posts: 1,966

Nov 26, 2009 -- 1:42PM, V wrote:


Nov 21, 2009 -- 12:14PM, D-Wreck (The Lost Boys) wrote:


only ways to get wade are if Miami wants to trade him him to us, or if Wade will sign for the MLE,


not likely





My thoughts that Shaq. LBJ and Dwade and all other possible Cavs renegociated contracts in 2010 agree to lower their salaries for 2 years -possibled Shaq retirement- to maximize their chances of winning in 2011 and 2012. After that, LBJ and DWade could play in Cleveland together for the rest of their careers with increasing salaries, after Shaq's departure. If we do not win this year. I believe that it's only because we miss one thing: another star. LeBron and Wade want to be on the same team and Cleveland could be that catalyst if management finds any plausible scenario. I'm pretty sure that there is a way. After all, if there's a will, there's a way: it's the best way to keep LeBron and win championships too!




 


Can't be done - read the CBA FAQ


 


52. Can existing contracts be renegotiated?


A contract for four or more seasons can be renegotiated after the third anniversary of its signing, extension, or renegotiation that increased any season's salary by more than 8%. Contracts for fewer than four seasons cannot be renegotiated. A contract cannot be renegotiated between March 1 and June 30 of any year. Only teams under the cap can renegotiate a contract, and the salary in the then-current season can be increased only to the extent that the team has room under the cap.  Raises in subsequent years are limited to 10.5% of the salary in the first renegotiated season. The renegotiation may not contain a signing bonus. Contracts cannot be renegotiated downward (players can't take a "pay cut" in order to create salary cap room for the team) or to contain fewer seasons.



56-15 (65-17)
#1 seed in the league
Defense wins championships
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