I was talking w/ my friend today. Does anybody know exactly how much we will have to spend this offseason. Say the cap increases at the same percentage it did last year. Jarvis, Lindsey, Herrmann, Dixon, and Theo come off the books. I think we have an exception from the Delfino trade (not positive on that).

So would that give us about an MLE??

I have a feeling Jarvis will be thrown a bunch of cash elsewhere. Lindsey, I assume, will call it quits, and I can't see Herrmann even wanting to play here next year given we are yet to give him a chance...

Theo could come back but probably at the vet's minimum and I'm going to assume we will trade our 1st rounder (or draft some foreign guy who plays overseas) at #29.


So am I right?? About a full MLE is all we will have?

We've got Sheed, Chauncey, Rip, Tayshaun, Dice, Amir, Stuckey, Maxiell, AA and Samb under contract for next season at about ~ 60 million, salarycap is at 55,630,000, so i guess it could go up 1 mil or 2, same with luxury tax which is at $67,865,000 right now, so be basically could spend the whole MLE and stay under the tax, but we've got 4-5 roster spots to fill...(you can use the MLE every year btw)
if Theo signs for the minimum, we're set up front...so we could spend the whole MLE on a replacement for Jarvis...

http://www.sportscity.com/NBA/NBA-Free-Agents-2008/

i would love to get a guy like Childress, but he's restricted, or Maggette, who will get more than the MLE...maybe Matt Barnes is our best chance to upgrade the backup SF position

I wouldn't be so sure that we take a foreigner or trade that #29, Wil. Look what we got with our late 1st rounder last year. And we have plenty of roster spots available.

Yeah, we'll be one of about 8 teams that can spend the MLE without tax ramifications. But it wouldn't suprise me if we get another Dale Davis/Mo Evans 2 year deals special.

I wouldn't be so sure that we take a foreigner or trade that #29, Wil. Look what we got with our late 1st rounder last year. And we have plenty of roster spots available.


Think so? I assume we're not going to draft another big (especially if Theo comes back). And I don't really know if we'll have the playing time to give a young guard next year.

Thats why I assumed we will either trade or draft a euro...

If we don't have the playing time, doesn't mean we can't send them to the D-League. We didn't have the playing time for Samb this year. I'm not saying we won't draft an overseas guy, just that its not a certainty. I wouldn't mind though. Take a guy that slides some (like Splitter did last year), and leave him for a year or two to develop.

It's probably too much to hope for but it seems to me that getting a backup for Prince is still a somewhat urgent need.

I haven't looked at this in a while, but it's interesting that we only have 10 players locked up for next year (assuming that they pick up the team option on Samb).

http://img232.imageshack.us/img232/1420/salaries20082009ex5.jpg

The team options on Stuckey and Afflalo will both get picked up too, of course.

NBA sets salary cap for next season at $58.68 million
By Chris Sheridan
ESPN.com
Updated: July 9, 2008, 2:10 AM ET

Knowing what they can spend, teams can now begin dealing in earnest.

The NBA announced on Tuesday that the salary cap for the 2008-09 season will be $58.68 million.

The figure was arrived at after daylong consultations between lawyers for the NBA and the players' union.

The luxury tax threshold will be $71.15 million, and the value of the mid-level exception will be $5.585 million. Over-the-cap teams can only offer the mid-level exception to free agents.

For comparison sake, last year's cap was $55.63 million. It was $53.135 million in 2006-07 and $49.5 million ($37.125 million for the Charlotte Bobcats) in 2005-06.

Knicks top list of eight teams that must pay luxury tax
By Marc Stein
ESPN.com

Updated: July 9, 2008, 3:12 PM ET

Eight NBA teams were officially notified of their luxury-tax obligations for the 2007-08 season via league memorandum in the early minutes of Wednesday morning, with the New York Knicks again topping the list of taxpayers.

Teams with a payroll above $67.865 million last season are required to pay one tax dollar for every dollar they sit over the threshold. That total, for the Knicks, is nearly $20 million -- $19,723,946 to be exact.

But the Dallas Mavericks, after their midseason acquisition of Jason Kidd, wound up only about $100,000 away from the Knicks in tax terms with a bill of $19,613,295.

The other six taxpayers from last season are the Cleveland Cavaliers ($14,008,561), Denver Nuggets ($13,572,079), Miami Heat ($8,318,879), Boston Celtics ($8,218,368), Los Angeles Lakers ($5,131,757) and Phoenix Suns ($3,867,313).

Each of the eight teams will receive formal invoices by Friday and must remit their tax payments in full to the league office by July 23.

The 22 teams that don't owe any tax, in accordance with the league's collective bargaining agreement, will each receive 1/30th of the $92,454,198 total tax pot. That computes to $3,081,807 per franchise.

The remaining $24.7 million of "undistributed tax funds" and an additional $5.3 million from "league entities," according to an official NBA memo, will be used to fund assistance payments to teams for the 2008-09 season. The league's Revenue Assistance Plan stipulates that $30 million will be distributed to "low-revenue teams."

The good news for the Knicks is that their tax bill is less than half of what it was last summer, when they were forced to pay more than $45 million in luxury tax. They have missed the playoffs for four consecutive seasons and averaged 28 victories in that span, costing Isiah Thomas his dual roles of coach and team president.

The gap between the Knicks and the next closest tax team a year ago -- also Dallas -- was nearly $38 million.

LOL at the heat paying 8 mil in taxes to be that terrible.

LOL at the heat paying 8 mil in taxes to be that terrible.


They won a title. That was the afterbirth.