No, the most the Cavs could offer was a little over 3mil for the following season, regardless of how much they wanted to offer.
The highest paid public employee in Ohio is Urban Meyer. Sports people get overpaid.
But Michigan Man Jalen Rose told me he was going to LA.
Can only have a option in a contract. Windy Love can get out after 4 years
Agree, I thought a 1+1 or maybe a 2+1, and hit FA again at age 28 with a 109mil cap.
His contract and Kyrie's are absolute steals.
It's alright, Kyrie's got that
Perhaps even more impressive from a team standpoint, was twice beating St. Ignatius and winning the D1 state title. Ignatius was in the midst of winning 5 out of 8 titles, too.
He's a guy that could be a starter. Why? Because of Delly?
Or Kyrie. Or any of the billion solid PGs in the NBA right now.
then possible sign Love this year
Due to Kyrie's extension, probably not
But what do I know.
The Cavs will not have cap space for the forseeable future, and it's a good thing. If they did, it means LeBron and Love and maybe someone else left.
edit - Let me see if I understand the original question.
Renounce everyone, sign LeBron and Love to $15 million each, then re-sign everyone else using Bird rights?
Andy is guaranteed 20 mil over the next 2 years, and has played more than 31 games once over the last 5 seasons. I can't imagine a scenario that another team wants that contract this offseason.
Financially, it would make the most sense to sign another 1 year deal for this year (which would actually give him a raise of about 2mil) and then sign a max deal next offseason. A lot of people have assumed he would do this from the start.
If he wants to sign a 5 year max deal this summer, it would be a huge coup. He and Kyrie would be playing at "max" contracts that would be about 10-20% of the cap over the next couple of years.
I have seen a few people suggest he signs a 2-3 year deal, get a little bit of insurance against getting hurt next year, but still being able to cash in on the new cap.
Yup. If the Cavs renounced everybody, they'd have some cap space, but enough to sign everybody.
Can't say I was terribly mad at him for the trading his own stuff for tattoos. It's a rule he should've been aware of, and he got punished for it, but I find it was less egregious that many other types of off field problems.
The person who did the most damage was Tressell for covering it up.
Except you still have to deal with TT, JR, Shump, Delly and any unused roster spots, plus we'd have to stay under the apron the entire season. Possible, just would require pretty much blowing up the entire team.
Also, Miami is in the repeater tax now, so any cap relief could be very beneficial to them. There may be other teams that offer a more attractive form of salary relief, but it is still beneficial for Miami.
If Love walks, we still would have a lot of work to do to be able to do a S&T.
Meh, I find him above average, but not Woj level.
I see us trading him in some way. Windhorst has said teams have already offered a 1st for taking on a bad contract for Haywood.
The higher you go above the luxury tax, the more punitive it gets. $120 mil in salary is about the biggest estimate I've seen for the Cavs, and that would result in a $135mil luxury bill. So, if we make 135 the max luxury tax they'll pay, I think 110 is a good estimate. Still a lot of things that can happen.
From Coon FAQ
Draft picks (both first and second round) count $0 for salary matching purposes. This is true both before and after the draft, until the player signs a contract.
Once the draft pick signs a contract, his actual salary becomes his trade value.
Waiting Period for New Contracts.
(a) A draft rookie who signs a player contract may not be traded until 30 days following the date
on which he signed his contract.
So they count for $0, until they sign, then they can be traded 30 days later for their contract amount. This is exactly what happened with Wiggins last year.
Luxury tax will be higher than 60m, IMO. I am guessing around 120-130 when all is said and done. And Gilbert will pay it.
Other teams would be able to trump the Cavs offer. Milwaukee, especially, would trouble me but I am sure Chicago could put together a better package. Miami does have some leverage if they want to trade Wade.
Yeah, it's tricky. Wade would pretty much have to declare he wants to be traded and only to Cleveland.
Another possible avenue would be to somehow take on McBob's contract. Miami would love to get him off the books.
edit - I will say, that if trading Wade to Cleveland is Miami's best/only option, they'll have to do it. Gilbert actually facilitated a S&T in 2010 a few days after the letter. It netted us a draft pick we used in the Love trade.
They would count if we signed them and waited 30 days.
It would benefit the Cavs if Miami didn't want to take back Miller's contract.
Yes, that is literally what I just said.
To those worrying about Gilbert's ability.desire to pay the luxury tax:
- "Ownership is going to support this [building the team] at the absolute deepest level"
-"No concerns other than what is the right piece to win. We are about delivering championships. That's all we are about."
-"We are blessed in a way that no other front office or coaching staff can be in terms of the support we can get [from ownership]"
These are quotes from David Griffin a few days ago. Gilbert has the 7th highest net worth of any NBA owner. The Cavs gained $400 mil in net worth alone last year. He opened 2 Casino's recently which are very profitable. One of his favorite sayings is "a penny saved is a penny". The 2016 RNC is being held in his building, which is a 5 minute walk from one of his Casinos.
And most importantly, one of the reason's LeBron left was Mickey Arison's skimpiness. Arison is worth almost 2x what Gilbert is, but amnestied Mike Miller after Miller helped them win a title, and let Joel Anthony exire rather than flip it. Gilbert helped lure LeBron back, in part by saying he'll never get cheap like that?
Cavs will set a luxury tax record this year. You know who won't care? Dan freaking Gilbert.