If we offer a qualifying offer to Reke, we can go over the cap to sign him which is the advantage. The disadvantage is that by extending a qualifying offer we have a cap hold of some $13 million on Tyreke's contract which is precisely our cap space this off season. In other words, until we sign Tyreke, we have no salary cap room to play with to sign other players.
Now if we don't extend Tyreke a qualifying offer, we don't have a cap hold which means $13 million in salary cap space but it also means that we cannot go over the cap to re-sign Tyreke as he becomes just like any other FA to us.
This is why I have been saying that we made major boo boo in the last two off seasons burning all of our cap space without addressing the needs. If we don't extend Tyreke a qualifying offer and amnesty Salmons, that frees up some $20 million of cap space (assuming we don't give QO to Douglas, JJ and Aldrich) which is still not enough to sign both Tyreke and Iggy and our 1st pick.
The only way we can do it is if we somehow traded couple of our crap deals with our pick to a team with salary cap room and a later pick so that we have more cap space come july 1. For example, if we trade pick 7, Hayes and Outlaw for say pick 19, we free up some additional $8-10 million of cap space. Amnesty Salmons and it becomes something line $15-18 million of cap space and if we re-sign Evans starting at $9 million then you can add another $4 million to cap space which could allow us to get Iggy and another decent piece.
The trick is trying to shed some of those ridiculously bad contracts hence why it is not realistic.
I am no cap expert, and I am not sure how accurate this site its, but I think Iggy and Reke can be done. According to this site, http://data.shamsports.com/content/pages/data/salaries/kings.jsp we have $42M committed in salary, without counting the Reke cap hold.
If you amnesty Salmons, that number drops to $34.4. Add in the Reke cap hold of $13.1, and you are up to $47.5. Add in the first round pick guarantee ($2.4) and you are at $49.9M. The cap is $59M I think, meaning that we have roughly $9.1 in cap space to play with, which may be fairly close to the number you need to get Iggy. Plus, keep in mind that a player is usually interested in total money of the contract. For example, you could pay Iggy $9M in year 1, $10.5M in year 2, 12M in year 3, and 13.5 in year 4, totaling 4 year/45 million ($11.25M per year), but only paying $9M in the first year. So, I think you could get Reke and Iggy by amnestying Salmons.
Also, as you mentioned, you could add to the $9.1M figure by trading down in the draft, finding a way to dump salary (Outlaw, Jimmer, etc...), or signing Reke to an actual extension less than $13M.
However, I think that by simply getting rid of Salmons (and eating his salary) you could have about $9M in cap room this year,
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