Insider 7/25/2005 Allan Houston rule

matahari1

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Joe Mama said:
The luxury tax for this season is being projected at $61-62 million. It's figured by calculating some percentage of the basketball related income for the season.
If the Phoenix Suns max out Joe Johnson, use the rest of their exception money, and of course signed Bell they'll be flirting with that luxury tax this year. They would probably be around $64 million. Dumping Howard Eiseley using the amnesty rule seems like a no-brainer. They definitely will not be paying the luxury tax at that point.
Next season his contract is off the books anyways. However that's when they will likely be over the luxury tax limit.
Joe Mama

Hi everybody!!! :D i'd like to chip in here:
1. according to rosenbaum the preferred lux tax threshold: 59M and best case: 62M.
2. There's a chance that minimums will be excluded from lux tax calculation.
http://realgm.com/src_feature_article/63/20050709/tipping_the_cap/
3. Amnesty rule to eisley will be excluded from lux tax calculation

Marion " 13,770,000 "
Nash " 9,625,000 "
Eisley -
Thomas " 6,620,062 "
JJ " 20,000,000 "
Jjx " 2,700,000 "
Amare " 2,589,022 "
Voshkul " 1,937,500 "
Barbosa " 930,600 "
Tischer -
DT -
Player-2 -
Player-3 -
"MLE-Bell """4,903,000 "
Total " 63,075,184 "
 

scoutmasterdave

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JJ's cap/tax hit will NOT be $20M - the reported $12.5M will be spread equally across the life of the contract. It will be somewhere around $14-16M.
 
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matahari1

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scoutmasterdave said:
JJ's cap/tax hit will NOT be $20M - the reporting $12.5M will be spread equally across the life of the contract. It will be somewhere around $14-16M.

any link to confirm?! IMO the ridiculous front load (20M starting) the way ATL can get JJ from PHX . They can hurt Suns this way.
 

matahari1

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scoutmasterdave said:
http://members.cox.net/lmcoon/salarycap.htm#60

This, of course, is under the old CBA, but I'd assume it will work the same way under the new CBA.

thx, here my understanding, maybe wrong. the signing bonus for 70/5 = 17.5M spread 3.5M

one can make distribution such as:
Year 1 :16330000
Year 2 :15122500
Year 3 :13915000
Year 4 :12707500
Year 5 :11500000
Total approx:700000 with 10.5% decrease.

add that to 3.5M signing bonus for year 1 you can get to 20M.


 

George O'Brien

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Front loading does not effect the way the cap works or least didn't in the past. Front loading is about cash and only about cash.
 
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