Salary Cap

[WizardOfAz]

Increased To $43.8 million for next year:

http://espn.go.com/nba/news/2003/0715/1581132.html

 

[Chaplin]

And no luxury tax this season.

Does this mean that we might find an alternative to Scott Williams? Is a one year vet minimum deal THAT difficult to negotiate, when for all intents and purposes we already have confirmation that Zarko, Barbosa and Little Jake are ready to sign?

I'm wondering if they are waiting to see what happens over the next few days before signing Scott.

 

[elindholm]

What was the Suns' final player payroll last season?

 

[Joe Mama]

Originally posted by Chaplin
And no luxury tax this season.

Does this mean that we might find an alternative to Scott Williams? Is a one year vet minimum deal THAT difficult to negotiate, when for all intents and purposes we already have confirmation that Zarko, Barbosa and Little Jake are ready to sign?

I'm wondering if they are waiting to see what happens over the next few days before signing Scott.

I just wrote this in another post, but I'm almost positive the luxury tax is figured after the season. In other words there is no luxury tax owed from last season. I don't think we'll know about the luxury tax from next season until next summer.

Can somebody clarify?

Joe Mama

 

[elindholm]

From the link that starts this thread:

With the luxury-tax threshold at $52.9 million, at least half of the NBA will be paying a dollar-for-dollar tax for spending more than that on team payroll last season.

That sounds pretty clear to me. "Will be paying." The Suns were below the limit last season (I'm curious how much, but I'm almost sure they were below), so they're off the hook.

But later the article says

The players' union said it expected next season's tax threshold to be $57 million.

Now, that's not the same as saying that the tax will kick in. But it kicked in for '02-'03, and salaries all around the league will be up next year, so I'd say it's better than 50-50 that we'll have luxury tax again in '03-'04.

Which means that the Suns, thanks to Gugliotta, are massively screwed. See the other post.

 

[PhxGametime]

I believe Suns were at 55 million?

 

[hcsilla]

Originally posted by elindholm
From the link that starts this thread:

The Suns were below the limit last season (I'm curious how much, but I'm almost sure they were below

They were not.
Suns team pay-roll was about 54 mil. last season.

 

[Chaplin]

Originally posted by elindholm
From the link that starts this thread:

With the luxury-tax threshold at $52.9 million, at least half of the NBA will be paying a dollar-for-dollar tax for spending more than that on team payroll last season.

That sounds pretty clear to me. "Will be paying." The Suns were below the limit last season (I'm curious how much, but I'm almost sure they were below), so they're off the hook.

But later the article says

The players' union said it expected next season's tax threshold to be $57 million.

Now, that's not the same as saying that the tax will kick in. But it kicked in for '02-'03, and salaries all around the league will be up next year, so I'd say it's better than 50-50 that we'll have luxury tax again in '03-'04.

Which means that the Suns, thanks to Gugliotta, are massively screwed. See the other post.

Of course, since the tax has been threatened to be installed for several years now, the odds are that it won't next year. So your last sentence there is just another tired repeat of what we've all been saying for several years now.

And it isn't Googs' fault, it's the C's for giving him that contract. Moreover, it was given after the current CBA was installed, so they really put a lot of stock into Googs' performance for the length of his contract.

 

[elindholm]

Of course, since the tax has been threatened to be installed for several years now, the odds are that it won't next year.

Huh? The only year I remember where people thought the tax would kick in and it didn't was '01-'02. People thought it would kick in for this past season, and it did. And it's not a question of "odds."

So your last sentence there is just another tired repeat of what we've all been saying for several years now.

I guess the $20 million figure was obvious to everyone else, but the massiveness of that number had never struck me quite so forcefully before.

 

[Chaplin]

Originally posted by elindholm
Of course, since the tax has been threatened to be installed for several years now, the odds are that it won't next year.

Huh? The only year I remember where people thought the tax would kick in and it didn't was '01-'02. People thought it would kick in for this past season, and it did. And it's not a question of "odds."

We've been talking about the luxury tax for years--every since 2000.

So your last sentence there is just another tired repeat of what we've all been saying for several years now.

I guess the $20 million figure was obvious to everyone else, but the massiveness of that number had never struck me quite so forcefully before.

Oh I agree, the number is ridiculous.

 

[elindholm]

We've been talking about the luxury tax for years--every since 2000.

Right, but my memory is that no one thought it would kick in for 2000-01. So it wasn't "threatened to be installed." That's all I meant.