Not So Fast: 2010 Free Agency (2010 Salary Cap to Fall)

Elise10

Starter
The NBA's ballyhooed free-agent summer of 2010 might have quietly taken another hit late Tuesday night.
In a memo announcing next season's salary cap and luxury-tax threshold, sent out shortly before the league's annual July moratorium on signings and trades was lifted at 12:01 a.m. Wednesday, NBA teams also received tentative projections from the league warning that the cap is estimated to drop to somewhere between $50.4 million and $53.6 million for the 2010-11 season.

Commissioner David Stern actually warned during the NBA Finals of a BRI shortfall of "maybe as much as 10 percent" from last season to next season, but Tuesday's projections were sufficiently dire for teams such as the New York Knicks that have been planning for months to make a significant free-agent splash next summer.

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Not only teams like the Knicks are effected, but teams like ourselves as well -- if those numbers turn out to be correct it would be extremely difficult for us to clear enough room to be players in that market, and so it would largely close that strategy to the rebuild. And with the cap actually falling, it may greatly restrain what we do in the short term as well. Throw in the liklihood that this causes many of the free agents to take the safe route and just resign with their own team or pick up those option years, and the whole thing fizzles in the face of this unprecedented set of economic circumstances.

Would also suggest to Stern that he consider freezing the luxury tax at current levels rather than let it plummet down as well. That was a device meant to temper wild overspending, not one designed for a falling cap situation where teams that have been playing by the rules in the normal market could suddenly get caught by nothing more than the normal escalation in existing contracts combined with a deescalating cap.
 
Doesn't the luxury tax factor in average team spending not just a fixed amount over the salary cap? If not, rather than tweak the formula I could see them just doing another Alan Houston exception.
 
this is where we trade for amare, bosh or boozer now so that they are forced to resign with us. if the cap drops that far no team will have enough to pay them as free agents. that is going to make this trade deadline very interesting. how does this make trading for someone like amare look now? he wont have as many if any real options to sign anywhere next season.
 
Doesn't the luxury tax factor in average team spending not just a fixed amount over the salary cap? If not, rather than tweak the formula I could see them just doing another Alan Houston exception.
Why force a team to waive a player to save money instead of just adjusting the luxury tax rules? Like Brick said, the tax is meant to curb high spending, not to penalize teams due to a falling economy. They're already being hurt enough, and if the tax threshold comes down, you could see a situation where every team in the league pays a tax, and then no one benefits (except for the WNBA, which is where the tax money would go).

Another Allan Houston exception isn't a bad idea, but I don't think it would solve the luxury tax problem. Better to hold the tax where it is.
 
I think most teams would see waiving a player as a benefit and since the players still get paid the union likely wouldn't protest.

The CBA is up in June so they can pretty much re-write the formula however they see fit, I don't think they'd just want to stabilize it for a year because then the precedent is set that when its a down year we'll just revise the rules.
 
I think most teams would see waiving a player as a benefit and since the players still get paid the union likely wouldn't protest.

The CBA is up in June so they can pretty much re-write the formula however they see fit, I don't think they'd just want to stabilize it for a year because then the precedent is set that when its a down year we'll just revise the rules.
No, I agree with the idea of having another Allan Houston exception, because it's definitely a need for a few teams. I just don't see that as the answer to a possibly shrinking luxury tax threshold.

I think the tax threshold should be frozen in down years, and that should be written into the new CBA. For now, though, it only makes sense to freeze it this year, which would still hold the underlying premise for the luxury tax in place, but wouldn't penalize more teams than it should. It was designed to promote parity by socializing NBA spending. If everyone is paying it, it's not serving it's purpose.
 
Cap could drop to $50.4 million

http://sports.espn.go.com/nba/news/story?id=4312837

In a memo announcing next season's salary cap and luxury-tax threshold, sent out shortly before the league's annual July moratorium on signings and trades was lifted at 12:01 a.m. ET Wednesday, NBA teams also received tentative projections from the league warning that the cap is estimated to drop to somewhere between $50.4 million and $53.6 million for the 2010-11 season


Wow will we even have any cap room in 2010 now?
 
Maybe not, but it was great that we already cut a lot of costs. In that regard, the timing couldn't be better.

It wasn't like we were going to get a superstar FA anyway...

I guess LA and NY will be the only team that could afford to sign FAs...great.
 
I guess LA and NY will be the only team that could afford to sign FAs...great.

Well, let's face it, if you're someone like Lebron or Wade, every offer you get will be for max, so it'll really boil down to where you want to play. Unless you love rebuilding teams in small cities, that's not going to be Sac.
 
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I think we should push our goal to signing a FA to 2011. Given to what the cap is going to be and how the 2010 free agents will eat alot of teams cap room. I think looking at the current situation we could probably trade our expiring this year and some our long term contracts (such as Noc, Beno and Garcia) for contracts that end in 2011. I am sure we get a couple teams to bite so they have a shot of getting enough room to sign a FA in 2010 or aviod getting taxed like NO.
 
this is where we trade for amare, bosh or boozer now so that they are forced to resign with us. if the cap drops that far no team will have enough to pay them as free agents. that is going to make this trade deadline very interesting. how does this make trading for someone like amare look now? he wont have as many if any real options to sign anywhere next season.

Agreed. I think we should really make a push to gamble and trade for Amare or Bosh. I feel like our rebuild will never really work sans an All-Star anyway. Might as well go for it.
 
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