The Dwight Howard Drama Unfolds

[MagicMan33 13]

It'd be somewhat funny to have a SF rotation of Turkoglu - Walton

wow lol

[Secretly Space Jesus 670]

but according to coon's site, this is only applies as you state it if the team is over the cap. Not sure on whether that means if they are over the cap currently when they s&t the player, or if the S&T puts them over the cap. I'm inclined to believe the former, but am not sure.

 

from coon's site

 

 

I would assume that if they're not over that cap this restriction doesn't apply? seems like it could be legal depending on how you read it. not sure if you looked over the actual legalese of cba, or were just going by coon's site?

 

Current Salary Cap Projection = roughly 60m

 

Brooklyn Nets current CAP holds = $64,498,260

 

Anything else?

[barnettej 263]

Current Salary Cap Projection = roughly 60m

 

Brooklyn Nets current CAP holds = $64,498,260

 

Anything else?

 

Yes, when your laughing at all this... Is it an evil laugh or a hysterical laugh?

[Stu Bronsilino 313]

Current Salary Cap Projection = roughly 60m

 

Brooklyn Nets current CAP holds = $64,498,260

 

Anything else?

 

they could renounce all of the garbage players they have cap holds for and then sign and trade them.

 

coon's site

88. Can a free agent be signed and immediately traded?

 

There is a rule that allows teams to re-sign their own free agents for trading purposes, called the sign-and-trade rule. Under this rule the player is re-signed and immediately traded to another team. This is done by adding a clause to the contract stipulating that the contract is null and void if the trade to the specific team is not completed within 48 hours. To qualify for a sign-and-trade, all of the following must be true:

 

The player must re-sign with his prior team -- a team cannot include another team's free agent in a sign-and-trade.

The player must finish the preceding season with that team (deals are no longer allowed that sign-and-trade players who are out of the league, such as the sign-and-trade that sent Keith Van Horn from Dallas to New Jersey as part of the Jason Kidd trade in 2008).

The player cannot be a restricted free agent who has signed an offer sheet with another team (see question number 43).

Starting in 2013-14, the team receiving the player cannot be above the "apron" ($4 million above the tax level) after the trade1.

Starting in 2013-14, the team cannot receive a player in a sign-and-trade if they have used the Taxpayer Mid-Level exception (see question number 25) that season.

The trade must be completed prior to the first game of the regular season (sign-and-trades are not allowed once the season begins).

The player cannot be signed using the Non-Taxpayer Mid-Level exception, the Taxpayer Mid-Level exception, or any exception that cannot be used to offer a three-year contract (see question number 25).

A sign-and-trade deal can be made with a free agent who has been renounced, as long as all the above criteria are met.

 

edit: just looking at sham, about 13MM of those holds are the garbage S&T throw in players for either the proposed dwight trade or the JJ trade. wouldn't they technically be able to renounce those holds, then be under the cap, and then do the deals assuming the byc restriction doesn't apply to a S&T that will result in you being over the cap, but applies only if you are currently over the cap and go to do a S&T at that point?

[magicblue 315]

Current Salary Cap Projection = roughly 60m

 

Brooklyn Nets current CAP holds = $64,498,260

 

Anything else?

 

Brilliant! Amazing that none of these reporters have done enough homework to report that the deal isn't even possible under the current CBA. This would take too much actual research and time I suppose

[Nyce_1 311]

Acquiring Joe Johnson and re-signing Deron Williams "officially" on the 11th will put them well over the cap.. Hence why they are scrambling and trying to pressure us to agree to it now so they can process it first

Exactly!

[E_Money18 88]

If Houston pulls of this S&T with Camby to the Knicks, aren't they getting back expiring contracts? They could offer Lamb, Toronto Pick, Martin and take back a Jrich and or Duhon.

[Secretly Space Jesus 670]

they could renounce all of the garbage players they have cap holds for and then sign and trade them.

 

coon's site

 

 

Except that they can't renounce them and then offer them a contract in an S&T that puts them over the CAP, since that requires the Bird Rights they'd be renouncing, and given the already agreed upon contracts, they can't renounce Wallace or Williams anyway. They can't renounce Humphries because they wouldn't be able to offer him enough after renouncing him to get the trade to work. Same with Lopez.

 

And if the plan is to give the combination of Williams, James, Gaines and Johnson anything more than about 10m combined(which again: they have to do in order to make salaries match on the proposed trade), they can renounce, AT MOST, like 2 of them. So lets assume they dump the two with the biggest CAP holds and everyone else they feasibly could renounce.

 

The most they could knock off their CAP holds is around 9 million. That's less than their existing salary, which is combined with their CAP holds to create their current salary picture.

 

So even if they do what you just suggested, they're STILL over the CAP, and that's before you factor in the salary penalty for unused roster slots.

 

You need to accept that I know way more about the cba than you do.

 

 

 

[TheOrlandoTragic 28]

Brian Schmitz is the worst.

[0rland0fan 53]

As I'm reading on twitter, more and more of the reporters and folks I follow (Schmitz, and others) are beginning to make sarcastic remarks on what a bad trade this nets offer is. Nice to see people are getting their head our of the sand and realizing what's been known on this forum since the beginning, that what the nets are offering is garbage.

[E_Money18 88]

When can FA actually sign with teams? Wed at 12 AM right? So that is the deadline that the Nets really need this to get done by.

[Fullcourt 41]

DOM, this is what a Lakers fan cap guru said about your post when someone quoted you there:

 

He's off on a couple details:

 

1. It's a raise greater than 20% that triggers BYC, not 25%.

 

2. It's the greater of the previous salary or 1/2 the new, not the previous salary * 125%.

 

But beyond those small details, he's got the gist correct.

 

BTW, here is the pertinent section from larry's FAQ:

 

The 2011 CBA mostly eliminated BYC -- in fact, the term "Base Year Compensation" was removed from the agreement entirely. The rules formerly known as BYC now apply under just one circumstance -- during sign-and-trade transactions (see question number 88). If a team is over the cap and re-signs its Larry Bird or Early Bird free agent with a raise greater than 20%, in order to trade the player in a sign-and-trade arrangement, then the player's outgoing salary for trade purposes is either his previous salary or 50% of his new salary, whichever is greater. The team receiving the player always uses his new salary.

 

 

I don't know what the actual deal is, but in principal it works because by trading humphries to a third team (without going over 120% of his previous salary), there's enough room to take Dwight back with a maxed out, BYC Lopez. And the extra team getting a player for a pick isn't a huge consideration.

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