Nobody ... well ... until this crazyness stops.
I don't know what these other owners are thinking with the signings thus far. Lin for $30 million? Gordon and Hibbert for the max? Batum for 40 million? These max guys aren't superstars and the 30/40 million guys for 3 years aren't even all stars. The Nets are crazy for taking on Joe Johnson's salary, giving Wallace $40 million, and giving Deron Williams $100 million.
Right now the luxury tax is still a $1 for $1. Next year is another story ... these teams will not want to go over the salary cap .. the tax is too extreme. Also, if you go $1 over the salary cap, you miss out on the revenue sharing/taxes from the over teams. I was reading this on espn.com earlier ...
"
• 2011 CBA: Teams pay $1 for every $1 their salary is above the luxury-tax threshold in 2011-12 and 2012-13. Starting in 2012-13, teams pay an incremental tax that increases with every $5 million above the tax threshold ($1.50, $1.75, $2.50, $3.25, etc.). Teams that are repeat offenders (paying tax at least four out of the past five seasons) have a tax that is higher still -- $1 more at each increment ($2.50, $2.75, $3.50, $4.25, etc.).
• Who benefits? I'll tell you which teams don't benefit -- the perennial taxpayers, like the Lakers and Mavericks. When the league was unable to negotiate a hard cap, they settled for the next best thing -- a more punitive luxury tax that will make teams think twice before committing to a higher payroll. For example, the Lakers' tax bill in 2011 (when the tax was dollar-for-dollar) was about $19.9 million. Under the new system, being that far over the tax line would cost them $44.68 million. If they were a repeat offender (paying tax at least four of the previous five years) they would owe $64.58 million!"
http://espn.go.com/nba/story/_/page/CBA-111128/how-new-nba-deal-compares-last-one
Eventually, the owners are going to tell these General Managers to stop spending. That's when the Kings will have a chance. It's just not worth it right now. Just wait this crap out.
Also, the Kings can't amnesty any players. I mean .. they could ... but why? I was looking at the players they could amnesty (Garcia, Hayes, and Salmons). However, the Kings will need that salary to come off their books to resign Evans and Cousins. If they amnesty them and sign another player (Ryan Anderson for $9 or $10 million) they won't have the cap room to sign Evans and Cousins. The only player I would amnesty is Outlaw, but that's only $3 million of cap space.
So, I guess nothing is changing. Petrie really screwed it up last year with adding Salmons, Hayes, and Outlaw's contracts. If the Kings didn't have them, we could be signing a decent player. The crappy thing is he had to take on the contracts to get to the minimum salary cap.
This team needs talent. I don't want Petrie trading away our good players. Isaiah, Thorton, Evans, T-Rob, and Cousins. They are the only players that other teams would want. What could we get in return that matches salary? Not equal value. Well .. I could part with Isaiah if Salmons/Hayes is attached and we get an upgrade as PG (of course). I'm talking about straight up trade. I've read that many on here want to trade Thorton, but lets be honest .... he is the only one who can consistently shoot and more importantly shoot in the 4th quarter.
I don't know ... it's frustrating. The Kings are stuck this year due to other teams spending their cap space unwisely. Hopefully, things turn around in 2013 when these other teams will be screwed.
I don't know what these other owners are thinking with the signings thus far. Lin for $30 million? Gordon and Hibbert for the max? Batum for 40 million? These max guys aren't superstars and the 30/40 million guys for 3 years aren't even all stars. The Nets are crazy for taking on Joe Johnson's salary, giving Wallace $40 million, and giving Deron Williams $100 million.
Right now the luxury tax is still a $1 for $1. Next year is another story ... these teams will not want to go over the salary cap .. the tax is too extreme. Also, if you go $1 over the salary cap, you miss out on the revenue sharing/taxes from the over teams. I was reading this on espn.com earlier ...
"
• 2011 CBA: Teams pay $1 for every $1 their salary is above the luxury-tax threshold in 2011-12 and 2012-13. Starting in 2012-13, teams pay an incremental tax that increases with every $5 million above the tax threshold ($1.50, $1.75, $2.50, $3.25, etc.). Teams that are repeat offenders (paying tax at least four out of the past five seasons) have a tax that is higher still -- $1 more at each increment ($2.50, $2.75, $3.50, $4.25, etc.).
• Who benefits? I'll tell you which teams don't benefit -- the perennial taxpayers, like the Lakers and Mavericks. When the league was unable to negotiate a hard cap, they settled for the next best thing -- a more punitive luxury tax that will make teams think twice before committing to a higher payroll. For example, the Lakers' tax bill in 2011 (when the tax was dollar-for-dollar) was about $19.9 million. Under the new system, being that far over the tax line would cost them $44.68 million. If they were a repeat offender (paying tax at least four of the previous five years) they would owe $64.58 million!"
http://espn.go.com/nba/story/_/page/CBA-111128/how-new-nba-deal-compares-last-one
Eventually, the owners are going to tell these General Managers to stop spending. That's when the Kings will have a chance. It's just not worth it right now. Just wait this crap out.
Also, the Kings can't amnesty any players. I mean .. they could ... but why? I was looking at the players they could amnesty (Garcia, Hayes, and Salmons). However, the Kings will need that salary to come off their books to resign Evans and Cousins. If they amnesty them and sign another player (Ryan Anderson for $9 or $10 million) they won't have the cap room to sign Evans and Cousins. The only player I would amnesty is Outlaw, but that's only $3 million of cap space.
So, I guess nothing is changing. Petrie really screwed it up last year with adding Salmons, Hayes, and Outlaw's contracts. If the Kings didn't have them, we could be signing a decent player. The crappy thing is he had to take on the contracts to get to the minimum salary cap.
This team needs talent. I don't want Petrie trading away our good players. Isaiah, Thorton, Evans, T-Rob, and Cousins. They are the only players that other teams would want. What could we get in return that matches salary? Not equal value. Well .. I could part with Isaiah if Salmons/Hayes is attached and we get an upgrade as PG (of course). I'm talking about straight up trade. I've read that many on here want to trade Thorton, but lets be honest .... he is the only one who can consistently shoot and more importantly shoot in the 4th quarter.
I don't know ... it's frustrating. The Kings are stuck this year due to other teams spending their cap space unwisely. Hopefully, things turn around in 2013 when these other teams will be screwed.