CBA and Salary Cap related items...New 6 year deal reached 2023!

[JayBirdHawk]

Thought I'd give this it's own thread.

 

 

 

 

[JayBirdHawk]

From our old buddy atlhawkfanatic...(who taught me all I know about the salary csp stuff).

 

 

[JayBirdHawk]

 

 

 

 

[JayBirdHawk]

 

 

[AHF]

Interesting idea but it would be bad for the Hawks and other teams that actually have more cap space.  It devalues that room relative to other alternatives.

[TheFuzz]

3 hours ago, AHF said:

Interesting idea but it would be bad for the Hawks and other teams that actually have more cap space.  It devalues that room relative to other alternatives.

It does, but if the cap drops we're going to lose a lot of room to play with too

[AHF]

1 hour ago, TheFuzz said:

It does, but if the cap drops we're going to lose a lot of room to play with too

That will put us at the head of the pack and in great position to sign guys to long-term contract steals.  It will also make some teams desperate to unload players to avoid the luxury tax.   I'm ok with that scenario purely for the Hawks.

[TheFuzz]

13 minutes ago, AHF said:

That will put us at the head of the pack and in great position to sign guys to long-term contract steals.  It will also make some teams desperate to unload players to avoid the luxury tax.   I'm ok with that scenario purely for the Hawks.

True, but it still limits our flexibility. Rather than taking on salary AND getting a player we only get to do one.

I'd also be incredibly surprised if they didn't waive the luxury tax or mitigate it in some way, given that this was (mostly) out of teams control.

[JayBirdHawk]

Quote

The NBA most recently projected a salary cap of $115 million and $139 million luxury tax for the 20-21 season. According to one team's front office, the cap could decline by as much as $25 million to $30 million.

The initial cap projections were based on an expected $8 billion in basketball-related income (BRI), which is now expected to decrease by at least $1 billion and potentially as much as $2 billion.

Using the standard salary-cap formula with $6 billion in BRI would have massive implications throughout the league, with the salary cap and tax line for 2020-21 plummeting to $95 million and $115 million, respectively.

Under that scenario, there would be at least 25 teams in the luxury tax, which would be the most of any season in NBA history.

The Golden State Warriors' projected tax penalty of $45 million would increase to $160 million even before the start of free agency.

One executive told ESPN that the league could solve the luxury tax issue by leaving the line at $139 million and letting the cap fall.

BOBBY MARKS/ESPN

 

[JayBirdHawk]

Quote

NBA teams will withhold more than $30 million from player paychecks on Friday, as players receive their first salary reduction since the league and union agreed to a plan to temporarily cut pay by 25%. But six of the NBA’s top 10 earners this season — LeBron James, Stephen Curry, John Wall, Blake Griffin, Kevin Durant and Paul George — have already been paid in full and will not see a pay decrease Friday. Their salary reductions will come out of their advances for the 2020-21 season on Oct. 1 or beginning with their Nov. 15 paychecks. Each player will essentially have an IOU per paycheck to his team ranging from $390,000 (James) to $420,000 (Curry) each time there is a scheduled 25% pay reduction. That amount will increase if games are eventually canceled because of the coronavirus pandemic.

– via Bobby Marks @ ESPN

https://www.espn.com/nba/story/_/id/29174761/lebron-james-steph-curry-face-pay-decrease-owe-money

 

[NBASupes]

This could be a killer for the Hawks FA plans

https://basketball.realgm.com/wiretap/258157/NBAs-Salary-Cap-For-20-21-Could-Decline-By-As-Much-As-$30M

[JayBirdHawk]

2 minutes ago, NBASupes said:

This could be a killer for the Hawks FA plans

https://basketball.realgm.com/wiretap/258157/NBAs-Salary-Cap-For-20-21-Could-Decline-By-As-Much-As-$30M

We'd be the only team with capspace. $20 million. 

Options will be picked up, FAs resigning with their own teams but they have to resign for a lot less.

 

[NBASupes]

Just now, JayBirdHawk said:

We'd be the only team with capspace. $20 million. 

 

But if they keep that tax line at 139, teams will be more motivated to resign their guys

[JayBirdHawk]

4 minutes ago, NBASupes said:

But if they keep that tax line at 139, teams will be more motivated to resign their guys

As i noted above.

[macdaddy]

And we need bodies.  I guess we'll round out the bench from the scrap heap.   At least we have the advantage of having young guys who should be improving vs just trotting the same ole back out there like detroit, charlotte, orlando.  But still.  If we have a bench of g league players we will be in trouble.

[NBASupes]

20 hours ago, JayBirdHawk said:

 

 

This would help us more than what ESPN AND REALGM ARE REPORTING

[JayBirdHawk]

Small market teams such as the Charlotte Hornets, Indiana Pacers and Memphis Grizzlies collect around $20 million per season from more profitable teams due to revenue-sharing.

Even when the NBA's revenues spiked due to the start of far more profitable national television deals for the 16-17 season, 14 of the league's 30 teams lost money before factoring in revenue-sharing. Nine teams finished that season in the red even after accounting for those payments.

With the possibility of no fans attending games for the remainder of the 19-20 season, as well as the entirety of the 20-21 season, teams like the Golden State Warriors, New York Knicks and Los Angeles Lakers will have less money to distribute to other teams.

The NBA's 30 owners could change the revenue-sharing model without negotiating with the union.

BOBBY MARKS/ESPN

 

[JayBirdHawk]

 

 

[JayBirdHawk]

 

 

[JayBirdHawk]