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Thread: The Raptors and the Salary Cap/Luxury Tax

  1. #21
    Raptors Republic All-Star
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    I thought we were already hard-capped because we received Richardson in a sign and trade.

    edit: Coon confirms this:

    http://www.cbafaq.com/salarycap.htm#Q89

    Starting in 2013-14 if a team acquires a player in a sign-and-trade, the apron ($4 million above the tax line) effectively becomes a hard cap for the remainder of that season.
    Last edited by octothorp; Fri Jul 12th, 2013 at 11:10 AM.

  2. #22
    Raptors Republic Icon mcHAPPY's Avatar
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    Quote octothorp wrote: View Post
    I thought we were already hard-capped because we received Richardson in a sign and trade.

    edit: Coon confirms this:
    Good pick up on that.

    Can you put the link for the question that came from in please?
    "You donít know the Bruno Caboclo......"
    Bruno Caboclo

  3. #23
    Raptors Republic Veteran Bendit's Avatar
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    Kudos to all the forum capologists for their terrific distilling of the cba. Frankly I still glaze over some of the rules.

    Just seeing it in print further confirms what a "great collection" of talent for a luxury tax team we have!!

  4. #24
    Raptors Republic Icon mcHAPPY's Avatar
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    I made some changes people might be interested in. Anyone feel free to correct any mistakes.

    Bold are changes from original post:











    Here is Raptors 2013-14 payroll via HoopsWorld.com:

    http://www.hoopsworld.com/toronto-raptors-team-salary

    Raptors guaranteed total: $65.324M

    Raptors options total: $70.535M

    BUT BUT BUT That does not include Hansbrough so tack on $2.5M.

    $67.82M and $74.035M.




    What does this mean for Toronto?

    #1 As octothorp noted, Raps are a hard cap team due to sign and trade with Q-Rich coming back. Max salary for 2013-14 is $75.748M.

    #2 Raps are over the salary cap.

    #3 They are a luxury tax team.

    #4 The Raptors tax bill or final payroll is not determined until the final regular season game of 13-14.

    #5 Current Depth Chart
    PG: Lowry, Buycks
    SG: DD, Ross, Fields, Richardson
    SF: Gay, Novak, Kleiza
    PF: Amir, Hansbrough, Acy
    C: JV, Gray, Camby

    #6 Raptors have $2.65M of Full MLE remaining. Bi-Annual exception ($2.016M). But they can't use either without shedding salary first because they would take Raptors over hard cap. Veteran minimums are also available.

    #7 Raptors don't have to worry about spending the minimum 90% of soft cap ($52M).



    What is unknown:

    #1 Will Kleiza be amnestied?

    #3 Will Camby fork over some guaranteed money to secure his freedom and pursuit of a contender?


    EDIT: See phez's post:

    http://www.raptorsrepublic.com/forum...l=1#post219987

    Will fix.

    EDIT 2: See post tkfu post below.

    http://www.raptorsrepublic.com/forum...l=1#post220065

    Will fix.

    EDIT 3: See post below.

    http://www.raptorsrepublic.com/forum...l=1#post220315

    Will fix.
    Last edited by mcHAPPY; Tue Jul 16th, 2013 at 06:06 AM.
    "You donít know the Bruno Caboclo......"
    Bruno Caboclo

  5. #25
    Raptors Republic Icon mcHAPPY's Avatar
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    Interesting to note that Toronto, facing the hard cap of $75.748 could amnesty Kleiza and still be able to use the rest of their MLE, Bi-Annual, and sign Stone to the minimum deal and STILL not be over the hard cap. That does not even consider any Camby buyout or trade.
    "You donít know the Bruno Caboclo......"
    Bruno Caboclo

  6. #26
    Raptors Republic Superstar Chr1s1anL's Avatar
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    Quote Matt52 wrote: View Post
    Interesting to note that Toronto, facing the hard cap of $75.748 could amnesty Kleiza and still be able to use the rest of their MLE, Bi-Annual, and sign Stone to the minimum deal and STILL not be over the hard cap. That does not even consider any Camby buyout or trade.
    Massai you son of a bitch!

  7. #27
    Raptors Republic Icon mcHAPPY's Avatar
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    *Update to reflect amnesty and Buycks addition.*


    I made some changes people might be interested in. Anyone feel free to correct any mistakes.

    Bold are changes from original post:











    Here is Raptors 2013-14 payroll via HoopsWorld.com:

    http://www.hoopsworld.com/toronto-raptors-team-salary

    http://data.shamsports.com/content/p...es/raptors.jsp

    Raptors cap hit for 2013-14 right now is: $68.038M.





    What does this mean for Toronto?

    #1 As octothorp noted, Raps are a hard cap team due to sign and trade with Q-Rich coming back. Max salary for 2013-14 is $75.748M.

    #2 Raps are over the salary cap.

    #3 The Raptors tax bill or final payroll is not determined until the final regular season game of 13-14.

    #4 Current Depth Chart
    PG: Lowry, Buycks
    SG: DD, Ross, Fields
    SF: Gay, Novak, Richardson
    PF: Amir, Hansbrough, Acy
    C: JV, Gray, Camby

    1 roster spot available.

    #5 Raptors have $2.65M of Full MLE remaining. Bi-Annual exception ($2.016M). Veteran minimums are also available.

    #6 Raptors don't have to worry about spending the minimum 90% of soft cap ($52M).



    What is unknown:

    #1 Will Camby fork over some guaranteed money to secure his freedom and pursuit of a contender?


    EDIT: See phez's post:

    http://www.raptorsrepublic.com/forum...l=1#post219987

    Will fix.

    EDIT 2: See post tkfu post below.

    http://www.raptorsrepublic.com/forum...l=1#post220065

    Will fix.

    EDIT 3: See post below.

    http://www.raptorsrepublic.com/forum...l=1#post220315

    Will fix.

    Update:

    Raptors cap hit for 2013-14 right now is: $68.038M.


    The importance of amnestying Kleiza:

    Don't listen to Doug Smith on amnestying Kleiza. His need to grind his axe because all his buddies are gone does not let him think logically.

    Amnestying Kleiza was a great move:
    1) Raptors now have ability to use remainder of MLE ($2.65M) and Bi-Annual Exception ($2.016M) without hitting hard cap and ignoring Camby situation.
    2) Raptors can now take up to $7.7M more back in any trade(s) assuming 125%+$100K - 150%+$100K - $5M rules of CBA all adhered to.
    3) Dead weight removed from roster.
    4) If they finish the year under luxury tax, they get slice of revenue sharing which could be significant this year considering Brooklyn will pay $82M in luxury tax.
    5) If they finish the year under luxury tax, they save a year towards repeater tax.

    4&5 are not basketball reasons but they are certainly important especially when, if this tweet is true, two GM's tried to move him to no avail:




    He had no value.
    "You donít know the Bruno Caboclo......"
    Bruno Caboclo

  8. #28
    Raptors Republic Icon mcHAPPY's Avatar
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    *Update to reflect Camby waive and Augustin signing*


    I made some changes people might be interested in. Anyone feel free to correct any mistakes.

    Bold are changes from original post:











    Here is Raptors 2013-14 payroll via HoopsWorld.com:

    http://www.hoopsworld.com/toronto-raptors-team-salary

    http://data.shamsports.com/content/p...es/raptors.jsp

    Raptors cap hit for 2013-14 right now is: $69.298M.





    What does this mean for Toronto?

    #1 As octothorp noted, Raps are a hard cap team due to sign and trade with Q-Rich coming back. Max salary for 2013-14 is $75.748M.

    #2 Raps are over the salary cap.

    #3 The Raptors tax bill or final payroll is not determined until the final regular season game of 13-14.

    #4 Current Depth Chart
    PG: Lowry, Augustin, Buycks
    SG: DD, Ross, Fields
    SF: Gay, Novak, Richardson
    PF: Amir, Hansbrough, Acy
    C: JV, Gray

    1 roster spot available.

    #5 Raptors have $2.65M of Full MLE remaining. Bi-Annual exception ($2.016M). Veteran minimums are also available.

    #6 Raptors don't have to worry about spending the minimum 90% of soft cap ($52M).



    What is unknown:

    #1 With Camby bought out, did he give up any guaranteed coin? If so, subtract it from $69.298M.


    EDIT: See phez's post:

    http://www.raptorsrepublic.com/forum...l=1#post219987

    Will fix.

    EDIT 2: See post tkfu post below.

    http://www.raptorsrepublic.com/forum...l=1#post220065

    Will fix.

    EDIT 3: See post below.

    http://www.raptorsrepublic.com/forum...l=1#post220315

    Will fix.

    Update:

    Raptors cap hit for 2013-14 right now is: $68.038M.


    The importance of amnestying Kleiza:

    Don't listen to Doug Smith on amnestying Kleiza. His need to grind his axe because all his buddies are gone does not let him think logically.

    Amnestying Kleiza was a great move:
    1) Raptors now have ability to use remainder of MLE ($2.65M) and Bi-Annual Exception ($2.016M) without hitting hard cap and ignoring Camby situation.
    2) Raptors can now take up to $7.7M more back in any trade(s) assuming 125%+$100K - 150%+$100K - $5M rules of CBA all adhered to.
    3) Dead weight removed from roster.
    4) If they finish the year under luxury tax, they get slice of revenue sharing which could be significant this year considering Brooklyn will pay $82M in luxury tax.
    5) If they finish the year under luxury tax, they save a year towards repeater tax.

    4&5 are not basketball reasons but they are certainly important especially when, if this tweet is true, two GM's tried to move him to no avail:




    He had no value.
    "You donít know the Bruno Caboclo......"
    Bruno Caboclo

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