2022 Lakers relevant Salary Cap Q&A (pg. 4)
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vasashi17+
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PostPosted: Fri Feb 11, 2022 3:14 pm    Post subject:

mad55557777 wrote:
thanks
one more question, if NO defer the 2024 FRP to 2025, what happens to the swap in 2025 originally in the deal?


So the AD deal had it where our #4 overall pick went to them…

2019: #4
2020: we keep this pick
2021: if it falls 1-8, NO gets it; 9-30 we keep it
2022: if not conveyed in 2021, Pels get this pick fully unprotected
2023: Pels have right to swap their pick with ours (ie we get the lower pick)
2024: fully unprotected, but can be deferred to our 2025 1st
2025: we keep this pick, if the Pels end up keeping our 2024 1st; however if they choose to defer the pick in 2024, we get to keep that 2024 1st, while they get our fully unprotected 2025 1st

So as you can see, when we gave the ability for the Pels to defer from 2021 to 2022 and from 2024 to 2025, we effectively surrendered our ability to put these picks in any of our trade talks. Pre-AD trade, due to the Stepien rule, we only have our 1sts from 2019 to 2027 and the rule states that a team can’t trade 1sts in consecutive years without holding a 1st rounder themselves.

So for example, if we had somehow traded for another team’s 2025 1st round pick this past trade deadline, then we technically would be holding a first round pick in 2025 even if the Pels decided to defer our 2024 1st to instead take our 2025 1st.

2024 (carrying 1 pick): Pels get our pick but can defer to take 2025 instead
2025 (carrying 2 picks): Our pick can stay with us or Pels can get it; we also have another team’s 1st (under this hypothetical example)
2026 (carrying 1 pick): we can offer this pick up in a trade this summer

In that case, we would be able to offer up our 2026 1st this offseason, cause we would not be violating the Stepien rule by trading 1sts in consecutive years. In this example Pels would defer to take our 2025 1st and we would have traded away our 2026 1st…meaning both those picks were traded in consecutive years, however its legal since we held another team’s 2025 1st.

However if we never traded for another team’s 2025 1st, we would not be able to trade in successive seasons, meaning our 2026 1st cannot be offered up into a deal this offseason since we presently do not know if the Pels will defer to our 2025 1st or not.

This is why it’s reported that we cannot offer any pick other than our 2027 1st at the earliest, since the Stepien rule doesn’t allow us to do so.

TL;dr: we naïvely gave up our draft trade flexibility when we allowed the Pels to control all these deferment options with our picks. That is why for the 2019/20 trade deadline we were not able to link up with the Knicks and trade for Mook since NY wanted a 1st and we were unable to offer them one due to both clauses of the Stepien rule (i) can’t trade 1sts in consecutive years without holding one to use in the draft during that 2yr window (our 2021 1st was already going to the Pels, so our 2020 1st was not allowed to be traded. (ii) can’t trade a future 1st more than 7 years out (can’t trade our 2027 1st since in the 2019/20 season we were only allowed to trade up to our 2026 1st and just like all our picks from 2020 to 2026, we can’t trade due to clause (i) of the Stepien rule.

Anyways, I hope this all makes sense haha.
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mad55557777
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PostPosted: Fri Feb 11, 2022 5:49 pm    Post subject:

https://twitter.com/bobbymarks42/status/1140096513185595392?s=21
Was referring to this tweet, I thought we gave them 2 swaps? 23 and 25
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vasashi17+
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PostPosted: Fri Feb 11, 2022 6:06 pm    Post subject:

^That might have been early reports before the trade was amended & confirmed. Recall we tried to first push the trade out 30 days so that we coujd sign the #4 pick & aggregate it in the deal to salary match for AD. That was denied so then we had to take AD into our available cap space. We then believed we could get a max guy, so we lopped in Washington after the fact to create a max spot by also having AD waive his trade kicker. Since the treads took so many iterations to complete, that’s why there were reports of us “scrambling”.

Anyways, the final pick conditions were as followed from the official press release:

Quote:
Multiple reports added that the Pelicans’ total haul of draft picks includes: this year’s No. 4 overall selection, a top-eight protected pick in 2021 (which becomes unprotected in 2022 if it does not convey), the right to swap first-round picks with the Lakers in 2023, and an unprotected 2024 first-round pick that New Orleans can defer to 2025.

https://www.nba.com/news/report-anthony-davis-lakers


So the swap is only for our 2023 1st. The deferment options were for our 2021 —> 2022 1sts & our 2024 —> 2025 1sts.
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mad55557777
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PostPosted: Fri Feb 11, 2022 7:03 pm    Post subject:

vasashi17+ wrote:
^That might have been early reports before the trade was amended & confirmed. Recall we tried to first push the trade out 30 days so that we coujd sign the #4 pick & aggregate it in the deal to salary match for AD. That was denied so then we had to take AD into our available cap space. We then believed we could get a max guy, so we lopped in Washington after the fact to create a max spot by also having AD waive his trade kicker. Since the treads took so many iterations to complete, that’s why there were reports of us “scrambling”.

Anyways, the final pick conditions were as followed from the official press release:

Quote:
Multiple reports added that the Pelicans’ total haul of draft picks includes: this year’s No. 4 overall selection, a top-eight protected pick in 2021 (which becomes unprotected in 2022 if it does not convey), the right to swap first-round picks with the Lakers in 2023, and an unprotected 2024 first-round pick that New Orleans can defer to 2025.

https://www.nba.com/news/report-anthony-davis-lakers


So the swap is only for our 2023 1st. The deferment options were for our 2021 —> 2022 1sts & our 2024 —> 2025 1sts.

that's good to hear. 1 more pick and 1 swap to give up after this year.
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vasashi17+
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PostPosted: Fri Feb 11, 2022 7:22 pm    Post subject:

^Yep, after the 2022 draft. So for thoroughness’s sake we owe either NO or Memphis our 2022 and then the swap in 2023 followed by either giving up our 2024 or 2025 1st.
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PostPosted: Sat Feb 12, 2022 10:24 am    Post subject:

Feb 25th EDIT:

vasashi17+ wrote:
Which teams have the resources to compete with us towards our player targets during buyoutSZN?

- Atlanta (1 open roster spot)
•veteran minimum exception aka rest-of-season (ROS) contract roughly worth 575k if signed today
•1.8m TPE
•3.7m BAE
•5.5m remaining from fMLE
note: 2.4m below tax line

- Boston (1)
•vet min ROS
•500k TPE
•1.9m TPE
•2.1m TPE
•5m TPE
•9.7m TPE
•17.1m TPE
note: just signed Kornet & Houser to ROS deals; 1.5m below tax line

- Charlotte (1)
•vet min ROS
•410k remaining from room exception
note: in no real danger of paying a tax this season

- Denver (0)
•vet min ROS
•1.6m TPE
•2.2m TPE
•2.6m DPE
•4.5m remaining from fMLE
note: just signed Boogie to a ROS deal and are sitting on a roster of 15 with about 500k in wiggle before hitting the tax line

- Detroit (1)
•vet min ROS
note: 6.9m below tax line

- Houston (0)
•vet min ROS
•BAE
•6m remaining from fMLE
note: no roster spots available; 8.5m below tax line

- Miami (1)
•vet min ROS
•1.8m TPE
•BAE
•2.5m remaining from fMLE
note: 1.8m below tax line

- Milwaukee (0)
•vet min ROS
•960k remaining from mMLE
•1.5m TPE
note: we small market, but we ain’t afraid of no tax line; currently paying 10m+ more in taxes than the global market Lakers

- Minnesota (1)
•vet min ROS
•BAE
•mMLE or fMLE
•4.8m TPE
note: 870k below tax line

- New Orleans (1)
•vet min ROS
•1.8m TPE
•1.9m DPE
•BAE
•3.9m TPE
•6.4m TPE
•7.8m remaining from fMLE
note: 5.1m below tax line

- New York (1)
•vet min ROS
•4.9m room exception
note: 16.8m below tax line

- Oklahoma City (0)
•vet min ROS
•3.1m remaining from fMLE
•BAE
note: just signed Aaron Wiggins to a ROS deal to take up their last roster spot; can renounce their exceptions and create about 31.5m in cap space; have roughly 20.5m that they need hand out in salaries to reach cap floor otherwise that difference will be spread out as additional annual salary amongst their roster

- Orlando (1)
•vet min ROS
•2m TPE
•BAE
•4.3m TPE
•4.5m remaining from fMLE
•17.2m TPE
note: 18.8m below tax line

- Philadelphia (0)
•vet min ROS
•1.7m remaining from mMLE
note: already above the tax line

- San Antonio (2)
•vet min ROS
•410k remaining from room exception
note: 9.5m below tax line

- Toronto (1)
•vet min ROS
•two 1.5m TPEs
•3.2m remaining from fMLE
•BAE
•4.8m TPE
note: 3.8m below tax line

- Utah (1)
•vet min ROS
•568k TPE
•1.5m TPE
•9.8m TPE
note: just filled a roster spot by giving House a ROS deal; already above the tax line

- Washington (0)
•vet min ROS
•2.2m TPE
•BAE
•8m remaining from fMLE
note: 10.9m below tax line

NOTE: all exceptions except TPEs & DPEs prorate downwards during the season; TPEs can only be used on players actively on the waiver wire & cannot be used on free agents (ie players that have cleared the waiver wire);

as of FEB 22, 2022

Dennis Smith Jr., PG
Waived by Portland

Alfonzo McKinnie, SF
Waived by Chicago

KZ Okpala, SF
Waived by Oklahoma City

Jahmi'us Ramsey, SG
Waived by Sacramento

Robert Woodard II, SG
Waived by Sacramento

P.J. Dozier, PG
Waived by Orlando

Enes Freedom, C
Waived by Houston

Moses Brown, C
Waived by Dallas

Michael Carter-Williams, PG
Waived by Orlando

E'Twaun Moore, SG
Waived by Orlando

Abdel Nader, SF
Waived by Phoenix

Armoni Brooks, SG
Waived by Houston

D.J. Augustin, PG
Waived by Houston

Cody Zeller, C
Waived by Portland

Solomon Hill, SF
Waived by New York

Marcus Garrett, PG
Waived by Miami

Devon Dotson, PG
Waived by Chicago

Ja'Vonte Smart, G
Waived by Milwaukee

Jay Huff, C
Waived by Los Angeles

Aaron Henry, SF
Waived by Philadelphia

Jaquori McLaughlin, PG
Waived by Dallas

Jared Harper, PG
Waived by New Orleans

Petr Cornelie, PF
Waived by Denver

Tacko Fall, C
Waived by Cleveland

Miye Oni, SG
Waived by Oklahoma City

Jabari Parker, PF
Waived by Boston

Gary Clark, PF
Waived by New Orleans


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Last edited by vasashi17+ on Sat Feb 26, 2022 10:01 am; edited 10 times in total
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vasashi17+
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PostPosted: Tue Feb 15, 2022 10:14 am    Post subject:

^Feb. 15th EDIT:

- Milwaukee now has 2 open roster spots after signing DeAndre Bembry, G/F to a ROS deal; they’re rumored still he gunning for recently waived Dragic; combined cap/tax hit for fielding a potential 15 man roster would be about 7.5m and they are already paying about 11m more in taxes compared to us

-Miami now has 1 roster spot available after converting their 2-way (Caleb Martin) to a ROS deal (valued at a prorated 330k compared to 500k+ that non 2-way converted ROS deals receive

-Houston reached their 15 man roster capacity after signing Daishen Nix, PG to a ROS deal

-NYK reached their 15 man roster capacity after signing Ryan Arcidiacono, PG to a ROS deals

-SA has gained a roster spot after Gordan Dragic’s, PG buyout/waive; Feb. 17th is when he’s scheduled to clear waivers
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vasashi17+
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PostPosted: Tue Feb 22, 2022 1:57 pm    Post subject:

^Feb. 22nd EDIT
-Milwaukee now has 1 remaining roster spot left after Javon Carter, PG clears waivers tomorrow. He was waived by the Nets to make a roster spot opening to take in Dragic, after his SA buyout

-Philadelphia is out of roster spots cause they just signed Willie Cauley-Stein, C to a 10-day contract that could potentially lead to a ROS deal

-Boston currently/temporarily has only 1 roster spot available after signing Malik Fitts, PF & Kelan Martin, F to 10-day deals

-the Bulls took in Tristan Thompson, C after clearing a roster spot by waiving Alfonzo McKinnie, SF

-currently injured Dennis Smith Jr., PG was waived by Portland to give Drew Eubanks, PF a 10-day deal

-Denver is signing DeMarcus Cousins, C to a ROS deal after his current 10-day deal expires and as a result are now at a max of 15 on the roster

-we are now 1 week away (March 1st) from potential buyout/waived candidates clearing the waiver wire so that they are eligible to sign with a playoff team to participate in the postseason
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PostPosted: Sat Feb 26, 2022 10:06 am    Post subject:

^Feb. 25th EDIT:
-Milwaukee is now at the 15 man roster once they finalize a deal with Tyreke Evans, SG who has been out of the league for 3 years

-SA has opened up 2 roster spots now after buying out Tomas Satorensky, PG and Washington will reach their 15 man max capacity once they sign up after clearing waivers

-3 more days for teams to buyout/waive players by the March 1st deadline for those players to sign with other teams as FAs and remain eligible to make that team’s playoff roster
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PostPosted: Tue Mar 01, 2022 10:20 am    Post subject:

Hey yo (new) DJ, how turnt up is our cap sheet now, now that we finally scratched during buyoutSZN?

1. Russ 44.2m
2. Bron 41.2m
3. AD 35.4m
4. THT 9.5m
5. Nunn 5m
6. Melo 1.7m
7. Dwight 1.7m
8. Baze 1.7m
9. Ariza 1.7m
10. Monk 1.7m
11. Ellington 1.7m
12. Bradley 1.7m (as of Jan 10th, his nonguaranteed deal is fully guaranteed)
13. Reaves 925k (as of Jan 10th, his nonguaranteed deal is fully guaranteed and counts as a 1.7m cap hit towards luxury tax math)
14. S. Johnson 710k (890k prorated amount of 2.08m vet min (for 6 yr seasoned vet) where about 180k is incentivized by league)
15. DJA 384k (606k prorated amount of 2.64m vet min (for 10+ yr seasoned vet) where about 220k is incentivized by league if signed on March 1st w/40 days remaining in a 174 day NBA calendar)
Deng corpse 5m
DAJ corpse 1.7m
= 155.9m in team salary
= 45.4m in taxes (ie 20.1m over tax line)
= 201.3m in combined team salary + associated luxury taxes

In other CBA related news…

Looks like the league is leaning toward bypassing the early termination option of the CBA after the 2022/23 season (official decision needs to be made by Dec 15th 2022) and instead having the current CBA play out till it expires after the 2023/24 season.

Quote:
The league and union each have the ability to opt out of the current CBA at the end of this year. Tremaglio’s intent is to operate in a way that is least disruptive to everyone involved. “There is no benefit for any of us to opt out,” she said. “There is always the opportunity for us to work together. I do think Michele has been able to build a really great relationship with the league and I cannot see that not continuing. I think Adam has been incredibly welcoming. Michele helped to set up a really great transition for me. I think I’m coming in at a time that is needed, for certain, but I also feel I am coming in at a time that we can continue the path that we have already been on. Which is the path certainly of least resistance and much more partnership in terms of what we can accomplish.

Silver and Roberts had a strong working relationship, without the fireworks of their predecessors, and the collegiality between the two sides is unmatched in any of the other major sports. Tremaglio seems uninterested in disrupting that. After she was named the incoming executive director she went on a listening tour of the league’s agents, joined in on team NBPA meetings, and met with her future staff. But one of her first dinners was with Silver. “Tamika and I have had several productive conversations since she took over as executive director,” Silver said. “She is highly engaged and passionate about her role and well-versed in the business of the league given her prior experience as an adviser and consultant to the PA. I am looking forward to working closely with her to build on our strong partnership with the players.”
– via Mike Vorkunov @ The Athletic

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vasashi17+
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PostPosted: Sat Mar 05, 2022 12:59 pm    Post subject:

Other than trading Russ’s 47.1m and possibly bringing back as much as 59m in salary, what other options do we have in dealing with our Russ conundrum this offseason?

•Stretch Waive option

Quote:
For all the obvious complexities involved in trying to move Westbrook when he’s owed a whopping $47 million next season at age 34, one league source described the idea of bringing him back next season as “impossible” based on current tension levels. The question then becomes: If the Lakers can’t construct a palatable trade, do they try to just buy Westbrook out? Or waive and stretch him? – via Marc Stein @ marcstein.substack.com


Waiving Russ (where he does not give back money via a buyout) is a dead cap hit of 15.7m for 3 years (ie stretch waive) or a 47.1m lump sum for 1 year…there are no in-betweens. It’s either 1 yr @ 47.1m or 3yrs @ 15.7m per sans a an amount he gives back via a buyout.

If he does give money back in a buyout and signs for a significant salary thereafter, we technically can have his dead cap hit in year 1 be set-off. For example, let’s say he opts in and gives back 2.1m via a buyout, then stretching him will a dead cap hit of 15m for 3 years. Let’s say he then signs up with another team for their fMLE of 10.2m, then his potential “set-off” amount would be 4.3m (half of new salary subtracted by 1yr vet min amount within that season aka (10.2m - 1.6m)/2

So for this particular example, Russ’s dead cap hit for the 2022/23 season would be 10.7m (15m subtracted by set-off of 4.3m) followed by 15m dead cap hits in both the 2023/24 & 2024/25 seasons if we stretch waive him…or 40.7m (45m subtracted by set-off of 4.3m) if we decide not to stretch his dead cap hit.

As of right now, the salary cap is projected at 121m (& tax line at 147m), so in terms of creating space:

Bron 44.5m
AD 38m
Russ corpse 15.7m
THT 10.3m
Nunn (player option) 5.3m
Stan (team option) 2.4m
Reaves (team option) 1.6m
6 incomplete roster charges (@ 996k per) 6m
= 123.8m in team salary (ie capped out) with about 23m in wiggle before hitting the tax line & about 30m in wiggle before hitting the hard cap apron (triggered by use of either fMLE, BAE or acquiring an incoming S&t’d player)

If Nunn, Stan & Reaves are not brought back via opt out, then we would have roughly 3.5m in cap space (with 9 IR charges adjusted accordingly).

•Player Opt Out option

If Russ opts out of his deal, we would have roughly 13m in cap space along with the room exception.

If Nunn, Stan & Reaves join Russ in opt out options, then we would have roughly 19m in cap space.

Note: Current projections are found below:

Quote:
Salary cap: 121m
Luxury tax threshold: 147m
Cap apron (aka hard cap): 153.9m
Incomplete roster cap holds (till 12 spots)/rookie min: 996k cap hit
1 season vet min: 1.61m
2+ seasoned vet min: 1.8m cap hit (league incentivizes the difference)
BAE: 3.98m
Room exception: 5.38m
mMLE (tax payer exception): 6.34m
fMLE (non-tax payer exception): 10.23m

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mad55557777
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PostPosted: Thu Mar 31, 2022 10:42 am    Post subject:

https://twitter.com/ShamsCharania/status/1509597614659960833?s=20&t=u4kN0G_l0DIRJkucAFxX4w
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PostPosted: Thu Mar 31, 2022 11:08 am    Post subject:

mad55557777 wrote:
Sources: The NBA has informed teams of slightly higher projections for 2022-23 salary cap and luxury tax level — $122M cap and $149M tax.

https://twitter.com/ShamsCharania/status/1509597614659960833?s=20&t=u4kN0G_l0DIRJkucAFxX4w


As a result, here are the new projections which now reflect an 8.54% annual increase in the salary cap. Note: under the current CBA, annual increases to the salary cap can max out to 10%, meaning the current cap projection of 122m can still increase to 123.64m for the 2022/23 season (ie this coming 2022 offseason).

2022 Offseason projections (ie 2022/23 season)
Current Annual Increase: 8.54% (can reach max of 10%)
Salary cap: 122m
Luxury tax threshold: 148.3m
Cap apron (aka hard cap): 155.2m
Incomplete roster cap holds (till 12 spots)/rookie min: 1m cap hit
1 season vet min: 1.62m
2+ seasoned vet min: 1.81m cap hit (league incentivizes the difference)
BAE: 4.01m
Room exception: 5.42m
mMLE (tax payer exception): 6.39m
fMLE (non-tax payer exception): 10.31m

Also for those interested in playing around with the possibilities for our potential 2023 cap plan, the most favorable projected numbers are posted below…

Most Favorable Projections for the 2023 Offseason “Cap Plan”

The cap from this year (112.4m) is projected to go up 8.54% to 122m for next season. Note that under the current CBA there can only be a max 10% increase in cap from year to year. So let’s assume next season’s cap experiences that 10% increase to 123.64m and then the following season (2023/24), we experience another 10% cap hike to a projected 136m salary cap.

So assuming neither Bron or Russ (and their capholds) return, our books look like this for the 2023 offseason:

AD 40.6m
THT 11m (player option; full bird caphold amount is 19.5m if he opts out)
Monk early bird caphold 8.4m (based off 2021/22 6.48m mMLE of 10% cap)
Nunn early bird caphold 6.8m
2023 1st round lower pick swap w/NO <3.2m (assuming pick is #20-30)
Reaves RFA qualifying offer 2.1m
Stan early bird caphold 3.1m
6 incomplete roster charges (@1.12m per) 6.7m
= 54.1m in potential cap space if we keep our tikes & do not renounce their respective capholds; could be 45.6m in potential cap space if THT opts out to bag up as our full bird rights player

Note the projections below on a potential 136m salary cap for the 2023/24 season:

2023/24
Cap: 136m
Tax: 165.3m
Apron: 173m
35% max: 47.6m
30% max: 40.8m
25% max: 34m
ntMLE: 11.6m
tMLE: 7.2m
rMLE: 5.9m
BAE: 4.5m
VM: 2.1m
IR/RM: 1.1m
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PostPosted: Thu Mar 31, 2022 11:18 am    Post subject:

what is the cap hold for Lebron after 2022 if we don't renounce him? i assume that will eat up any cap space we have?
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PostPosted: Thu Mar 31, 2022 11:24 am    Post subject:

mad55557777 wrote:
what is the cap hold for Lebron after 2022 if we don't renounce him? i assume that will eat up any cap space we have?


It would be whatever his max is for whatever the salary cap is projected to be that year. Based on his year’s of service, Bron is a 35% max player so his cap hold would be 35% if what the projected cap wound be. In the best case scenario for our supposed 2023 cap plan, the cap can max out to as much as 136m for 2023 offseason free agency. In that case, Bron would be just about a 47.6m caphold.
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PostPosted: Thu Mar 31, 2022 11:28 am    Post subject:

vasashi17+ wrote:
mad55557777 wrote:
what is the cap hold for Lebron after 2022 if we don't renounce him? i assume that will eat up any cap space we have?


It would be whatever his max is for whatever the salary cap is projected to be that year. Based on his year’s of service, Bron is a 35% max player so his cap hold would be 35% if what the projected cap wound be. In the best case scenario for our supposed 2023 cap plan, the cap can max out to as much as 136m for 2023 offseason free agency. In that case, Bron would be just about a 47.6m caphold.

so if Jeanie wants to bring back Lebron, we probably won't have any cap space for 2023 even with RW's contract off the books. sounds like the best route to improve the team would be trade RW for smaller pieces(what the clippers did), but that won't help Jeanie's wallet.
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PostPosted: Fri Apr 08, 2022 1:00 pm    Post subject:

Early 2022 Offseason Primer

Below are the current cap projections and pertinent questions that apply to our roster and this coming 2022 offseason.

Current Annual Salary Cap Increase: 8.54% (can reach max of 10%)
2022/23 Salary cap: 122m
Luxury tax threshold: 148.3m
Cap apron (aka hard cap): 155.2m
Incomplete roster cap charge (till 12 spots)/rookie min: 1m
1 season vet min: 1.62m & up to 2 years in length with 5% annual escalators
2+ seasoned vet min: 1.81m cap hit (league incentivizes the difference) & up to 2 years in length with 5% annual escalators
BAE (biannual exception): 4.01m & up to 2 years in length with 5% annual escalators
rMLE (room exception): 5.42m (only available if we operate as a team w/cap space) & up to 2 years in length with 5% annual escalators
tpMLE (taxpayer exception): 6.39m & up to 3 years in length with 5% annual escalators
ntpMLE (non-taxpayer exception): 10.31m & up to 4 years in length with 5% annual escalators

Important dates:
Converting Gabriel and/or Jones (ie our two-way players) to standard NBA contracts: April 10th (ie end of regular season)
‘22 Draft lottery: May 17th
‘22 NBA draft: June 23rd
note: our 1st round pick goes to either NO (if pick is #1-10) or Memphis (if pick falls winthin #11-30)
Team Options for Stanley & Reaves / Player Options for Russ & Nunn deadline: June 29th
Can execute trades using 2021/22 salaries that are not expiring: June 30th 2:59pm PT
Free agency moratorium: June 30th 3pm PT to July 6th 9am PT
Bron extension eligible: August 4th
Gasol TPE expires: August 29th
Rondo TPE expires: January 3rd 2023
note: TPEs cannot be aggregated with each other or any existing salaried player; they can only be traded individually for up the TPE amount + 100k

What does our current cap sheet (as of April 8th 2022) look like and what exceptions will be available to us as a result?
First off, no more Deng corpse on our books…Yay! And I will not entertain a Russ stretch-waive corpse…at least for now I won’t! Please let me have this haha

1) Russ (Player Option) 47.1m
2) Bron 44.5m
3) AD 38m
4) THT 10.3m
5) Nunn (PO) 5.3m
6) Stanley (Team Option) 2.4m
7) Gabriel (TO) 2m
8) Reaves (TO; nonguaranteed) 1.6m
= team salary of 151.2m on a projected 122m salary cap & a hard cap (ie cap apron) of 155.2m

As you can see we are already past to salary cap, well into the tax and have roughly 4m in wiggle before we hit the apron…and that’s with only 8 on the roster and needing to still fill out 6-7 more roster spots. So if we stay as is, it’s safe to say we will not be using the hardcap triggering ntpMLE, BAE and/or committing to a trade that has an incoming S&t’d player hitting our books (more on that below).

We will only have the tpMLE available to use.

How much cap space do we have if we option out of/waive/renounce everyone so that our team salary is just players with already guaranteed money (ie Bron/AD/THT)?
Bron: 44.5m
AD: 38m
THT: 10.3m
9 incomplete roster charges: 9m
= 101.8m in team salary, which means 20.2m in potential cap space + the rMLE

What triggers a team to get hard capped at the apron?
-Use of ntpMLE
-Use of BAE
-acquiring a S&t’d player during offseason
(Note: it is not the act of S&t’ing a player that triggers the hard cap; it’s only that a S&t’d player hits our cap sheet that triggers the hard cap; also acquiring a S&t’d player during the regular season and up to the trade deadline aka S&t-to-be-made ie S&t2bm, does not activate the hard cap; lastly any S&t during the summer possibly triggers BYC conditions, but that most likely does not apply to us this summer due to our free agents having yet not earned early/full bird rights with us; as for Russ and if he opts out, BYC would not apply to him as a max salaried player w/full bird rights in a potential S&t

Is it likely we conduct a Draft day trade?
We have roughly 4.5m in cash (started with about 5.7m, but used 1.1m to trade Rondo & 250k to trade Marc) that we can trade during the draft for 2nd round picks (see 2019 draft trade for 2nd round pick that led to THT); that 4.5m in can be traded up till the final day of the 2021/22 season aka June 30th; roughly 6.2m in cash will be available for us to use at the start of the 2022/23 season aka June 30th after 3pm

Can you use any type of MLE in a S&t?
No you cannot. So for example, Monk is a non bird player with us, so we are limited in how much we can offer him in a new deal. We can bypass this restriction by offering him our ntpMLE (which hard caps us) or tpMLE (which does not hard cap us), but if we do, we cannot use it as part of a S&t transaction. Once the season begins and as we approach the trade deadline, the MLE player can be traded, but again they are not allowed to be signed with the MLE and then immediately moved during the summer before the season starts.

What are the maxes (outside of using any of the MLEs) we can offer each of our bird free agents?
-Russ via player opt out (max player w/full bird rights up to 105% of last year in previous deal): 49.5m and up to 5 years w/ 8% annual escalators
-Nunn (non bird rights if he opts out of PO leading to 120% of previous deal): 6m, up to 4 yrs, 5%
-Stanley (non bird rights if opts out of TO; 7yr vet) 2.43m, up to 4 yrs, 5%
-Reaves (non bird rights if opts out of TO; 1yr vet): 1.62m, up to 4 yrs, 5%
-Melo (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Augustin (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Ariza (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Dwight (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Baze (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Ellington (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Bradley (non bird rights; 10+ yr vet): 2.87m, up to 4 yrs, 5%
-Monk (non bird rights; 5yr vet): 2.1m, up to 4 yrs, 5%
-Gabriel (non bird rights if opts out of TO; 4yr vet): 1.94m, up to 4 yrs, 5%
-Jones (non bird rights; if converted to standard NBA contract, 2yr vet): 1.81m, up to 4 yrs, 5%
-Any S&t’d player: up to their respective max in year 1, 3 years minimum and up to 4 years in length, only 1st year needs to be fully guaranteed, 5%

Do any players have no-trade clauses (NTC) to void any deal they may be a part of?
First off, no player has an existing NTC written up in their current deals. Bron does not have one in the 2yr extension he signed in Dec 2020. Therefore, he will not have one included in a potential extension he signs this offseason. In order for Bron to receive a NTC in his contract, he wound have to play out his current deal and sign a new deal next offseason (ie summer 2023), that includes a NTC within that new deal. Any extension he signs this summer will not have a NTC within it.

Any player on a new 1 year expiring deal that is working on their early bird or full bird rights with that team has a built in NTC into their deal. If Nunn opts out and signs a 1 year deal, he has a NTC built into that contract. If our other current non-bird players get similar 1 year bird restriction deals, then they too will all have NTCs built in. Jones (as a two-way) will also have a NTC built into his 1yr QO, if he bypasses on a multi-year new deal.

What future picks do we still have left to offer?
Stepien rule states you can trade future picks up to 7 years in advance and you must be left with one pick every 2 years ie can’t trade future picks in consecutive years. So in terms of current future 1st round picks that we can trade, we only have control of sending out our 2027, 2028 and/or 2029 1st round picks without any conditions (ie unconditional, but can’t be sent out in consecutive years ie ‘27 & ‘28 or ‘28 & ‘29) and also being able to set up pick swaps the lowest among Pels, us and our potential trade partner for 2023, along with 2026 to 2029 depending on which pick(s) we decide to trade as an unconditional future pick. As for future 2nd round picks we can trade, we still have our own 2023, 2025, 2027, 2028 and 2029 2nd rounders along with Chicago’s 2023 2nd, the less favorable between Washington & Memphis’s 2024 2nd and Washington’s 2028 2nd.

I sincerely hope that covers most of the prudent talking points as we head into the offseason. I hope more members can elaborate, correct and contribute to this discussion as we head into next year with hopefully a more robust and impactful roster.
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Last edited by vasashi17+ on Wed May 18, 2022 12:12 pm; edited 2 times in total
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PostPosted: Sun Apr 10, 2022 8:51 pm    Post subject:

is the Gilbert Arenas rule going to be apply for Reaves since he was not drafted?
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PostPosted: Sun Apr 10, 2022 9:42 pm    Post subject:

mad55557777 wrote:
is the Gilbert Arenas rule going to be apply for Reaves since he was not drafted?


He will be no different than how THT was treated this past offseason.

So the Gilbert Arenas provision still applies to Reaves even tho he went undrafted and THT went in the 2nd round, since both signed 2yr rookie min exceptions leading to us earning their early bird rights.

Unlike THT however, we project and intend to be a cap having team in 2023 when Reaves contract comes up making him a RFA. So we should have cap space to match any ludicrous offer, but we still can also choose to use the early bird exception to match as well. If we do however use the early bird exception instead of cap space, then any team making that offer can blow up Austin’s deal to turn him into a poison pill contract. Details about that mechanism are found on page 1 in the first post of this thread.

But the gist is, we won’t lose Reaves if we choose not to…but teams can have it where they can nuke our books if they choose to do so.
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PostPosted: Mon Apr 11, 2022 6:58 am    Post subject:

Bobby Marks ESPN+ Lakers Offseason Report

Quote:
The eventual hiring of a new coach will certainly give the Lakers a fresh perspective, but in reality, that person will be walking into the same situation that Vogel is leaving behind. The Lakers are a team coming off their worst season since 2016-17, with $130 million committed to the trio of James, Anthony Davis and Russell Westbrook, and entering this summer, they have little flexibility to change the roster via free agency, the draft and trades.

State of the roster

Roster status: Championship or bust but with cracks in the foundation.

Last offseason, the Lakers traded for Westbrook hoping he could be a third star alongside James and Davis, and filled out the roster with mostly minimum salary veterans around that trio.

The trade backfired (and we are saying that politely) and the missed opportunities in free agency have the Lakers entering this offseason with more questions than answers, starting with the search for a new head coach.

Winning a championship in 2020 should have bought job security and more equity for Vogel. Instead, he's out after the failed Westbrook experiment, despite injuries to James and Davis forcing him to use 39 different starting lineups in 2021-22.

The situation the next head coach is walking into is far from ideal. Most of the roster is unsigned next season. James is entering the final year of his contract and Davis has proven over the last two seasons (and longer, going back to his tenure with the New Orleans Pelicans) to be one of the least durable players in the NBA. Even in the unlikely situation that the Lakers make Davis available in trade talks, his value right now is at an all-time low.

The Lakers are in the lottery but their pick will belong to the Pelicans or Memphis Grizzlies, they have no second round pick and no ability to sign free agents outside of the $6.3 midlevel exception and veteran minimum.

There is also the question if Westbrook will be on the roster when training camp starts.

The Lakers' financial situation could improve in 2023 when Westbrook's $47.1 million contract comes off the books (assuming they don't trade him before then), but if James signs an extension, the Lakers will have $100 million in salary tied up between James, Davis and Talen Horton-Tucker.

Westbrook's failure to fit on the court was further magnified when the veteran free agents signed last year, such as Rajon Rondo, Kent Bazemore, Avery Bradley, DeAndre Jordan, Trevor Ariza and Wayne Ellington, had little to no impact on the court.

There can still be a role for Westbrook for a team next season, but his $47.1 million salary -- the highest in the league -- does not line up with his on-court production. As for what is next, despite career earnings of $292 million, Westbrook is all but certain to opt-into his contract by June 29.

From there, the Lakers will decide on four different options:

Is there a trade that can improve our roster?

Do we entertain waiving and stretching his $47.1 million salary over the next three seasons, starting in 2022-23?

Would Westbrook take a buyout?

Do we hold on to Westbrook with the belief that the next head coach can utilize him differently?

History has proven that any player is tradable, but to make a trade work -- unless a team like Oklahoma City (before June 30), San Antonio, Orlando, Portland, Indiana or Detroit is willing to absorb the Westbrook contract into cap space -- the Lakers would have to take back $36 million in salary if he is traded before June 30 and $37.7 million after July 1. Because of the player option, he cannot be moved until the option is exercised.

To move Westbrook into cap space, the Lakers would have to add significant draft compensation to the deal, and can't trade one of their future picks until their 2027 pick.

We will certainly hear the name of Houston Rockets guard John Wall mentioned in trade talks. Would the Lakers be willing to sweeten the deal by adding draft compensation, something they weren't amendable at the trade deadline?

They will certainly explore breaking up the $47.1 million contract into multiple players, something the Washington Wizards did last August when Westbrook was shipped to the Lakers. This is likely a dead end option unless a team like the New York Knicks is willing to part ways with Kemba Walker, Evan Fournier and Alec Burks.

The waive and stretch option helps the Lakers if they want to cut ties with Westbrook either in a standard waiver or buyout. By stretching the $47.1 million salary and leaving themselves with a $15.7 million dead cap hit, the Lakers would have the full $10.3 million midlevel and $4 million biannual exception available. It would also keep them out of the luxury tax and create significant savings. The negative is that the Lakers would carry that same $15.7 million cap hit in both 2023-24 and 2024-25, reducing their future flexibility.

2022 Offseason cap breakdown

    1. Russell Westbrook $47,063,478 (player option)
    2. LeBron James $44,474,988
    3. Anthony Davis $37,980,720
    4. Talen Horton-Tucker$10,260,000
    5. Kendrick Nunn $5,250,000 (player option)
    6. Stanley Johnson $2,351,521 (team option)
    7. Wenyen Gabriel $1,878,720 (team option)
    8. Austin Reaves $1,563,518 (non-guaranteed)
    9. Wayne Ellington1 $1,811,516 (free agent hold)
    10. Dwight Howard1 $1,811,516 (free agent hold)
    11. Kent Bazemore1 $1,811,516 (free agent hold)
    12. Malik Monk1 $1,811,516 (free agent hold)
    13. Carmelo Anthony1 $1,811,516 (free agent hold)
    14. D.J. Augustin1 $1,811,516 (free agent hold)
    15. Avery Bradley1 $1,811,516 (free agent hold)
    16. Mason Jones2 $1,616,044 (free agent hold)
    17. Mac McClung2 $1,616,044 (free agent hold)
    Guaranteed salary $145M
    Non-guaranteed $5.8M
    Free-agent hold $15.9M
    Total salaries on cap $150.8M
    2022-23 NBA SALARY CAP $122M
    2022-23 NBA LUXURY TAX LINE $147M
    1. Non Bird
    2. Restricted Non Bird


Resources to build the roster

•Draft picks: 2027, 2028 or 2029 first
•Exceptions: $6.3 million tax, veteran minimum and trade ($2.7 and $1.7 million)
•The tradable contract of Horton-Tucker
•$6.3 million midlevel exception
•Cash: $6.3 million to send or receive in a trade

Dates to watch

•JUNE 22 Kendrick Nunn has a $5.3 million player option that he must pick up by this date. Nunn did not play in a game this season because of a knee injury. If Nunn declines his option, the likelihood is that his next contract is $3 million lower than what he could earn with the Lakers next season.

•JUNE 29: Westbrook has a $47.1 million player option that he must opt-into by this date.

Johnson ($2.4M) and Wenyen Gabriel ($1.9M) have team options that must be picked up by this date.

The last date to tender Mason Jones ($50K) a qualifying offer.

There is no guaranteed date on the $1.6 million contract of Austin Reaves.

Restrictions

The Lakers owe the Pelicans a first-round pick in either 2024 or 2025, and cannot trade any pick before that. They can trade their picks starting with the one in 2027. They also have a 2028 and 2029 first-round pick available to trade, but cannot trade all three.

Davis has a 15% trade bonus in his contract. If Davis is traded after July 1, the bonus is $8.7 million. That amount is split evenly and added to his 2022-23 and 2023-24 salary. The Lakers would be responsible for paying the full amount.

James has a 15% trade bonus that is voided in a trade. The amount would exceed the maximum salary allowed.

Until his salary is guaranteed, Reaves counts as $0 in outgoing salary.

Johnson and Gabriel cannot be traded until their team options are exercised.

Extension-eligible

Circle Aug. 4 on your calendar. That is the first date that James is eligible to sign a two-year, $97.1 million extension ($46.7 and $50.4 million). James has given no indication that he wants to play for another organization. "This is a franchise I see myself being with. I'm here. I'm here," James said after the Lakers' 105-102 loss to the LA Clippers. "I see myself being with the purple and gold as long as I can play." He has until June 30, 2023 to sign the extension and will become an unrestricted free agent in 2023 if he plays out the season.

Westbrook is the only player besides James who is extension eligible.

The draft

The Lakers have no picks in this draft, because of the moves to acquire Davis in 2019. They traded their first-round pick to New Orleans as part of the Davis trade, and traded their second-round pick to Washington as part of a move to clear up cap space to make the Davis trade.

They also still owe the Pelicans an additional future first-round pick. The Pelicans can take it 2024 or defer it to 2025. New Orleans also has the right to swap first-round picks with the Lakers in 2023, which means the Lakers will have a pick in that draft (just not necessarily their own).

https://www.espn.com/nba/insider/insider/story/_/id/33692115/nba-offseason-guide-2022-frank-vogel-the-lakers-more-questions-answer

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PostPosted: Tue Apr 12, 2022 12:34 pm    Post subject:

Current CBA projected to play out by not exercising opt-out

Quote:
Tremaglio has led the NBPA since January. The NBA’s current collective bargaining agreement runs through the 2023-24 season, although both the league and union have opt-out clauses following the 2022-23 season. Tremaglio said Tuesday that she does “absolutely not” foresee either side exercising that opt-out. – via SportTechie


FYI: opt-out option must be voted on by Dec. 15th 2022.
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PostPosted: Wed Apr 27, 2022 7:34 am    Post subject:

Yinoma had this question.

If we re-sign Monk via the MMLE, we then have his early bird rights for 2023 summer, to keep him on a longterm deal to a certain degree.

If we traded him in season, would those early bird rights transfer to his new team?

Is there a way we could keep Monk and also get some early bird rights after 2 years, that would be able to transfer via a trade if Monk got dealt in the coming season?
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PostPosted: Wed Apr 27, 2022 7:39 am    Post subject:

Another question, what if the Lakers worked out something with Russ, that would allow him to recoup his 47m but in a new 3 year extension at 45m (15m/year) with the understanding he would be bought out and stretched.

When is the soonest the Lakers could do that (buy out and stretch after a new deal)? I only ask b/c wouldn't that allow the stretch to be over something like 7 years, so 6.4m/year for 7 years instead of 15-16m/year for 3 years?
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PostPosted: Wed Apr 27, 2022 10:22 am    Post subject:

wolfpaclaker wrote:
Yinoma had this question.

If we re-sign Monk via the MMLE, we then have his early bird rights for 2023 summer, to keep him on a longterm deal to a certain degree.

If we traded him in season, would those early bird rights transfer to his new team?

Is there a way we could keep Monk and also get some early bird rights after 2 years, that would be able to transfer via a trade if Monk got dealt in the coming season?


vasashi please verify, but Early-bird rights are trade-able just like Bird rights.
So if he's traded before 2023 summer he will keep his Early Bird rights with the new team in Summer 2023.
However he may lose his Bird rights on the trade if his MMLE deal was 1 or 1+option.
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PostPosted: Wed Apr 27, 2022 11:09 am    Post subject:

ThePageDude wrote:
wolfpaclaker wrote:
Yinoma had this question.

If we re-sign Monk via the MMLE, we then have his early bird rights for 2023 summer, to keep him on a longterm deal to a certain degree.

If we traded him in season, would those early bird rights transfer to his new team?

Is there a way we could keep Monk and also get some early bird rights after 2 years, that would be able to transfer via a trade if Monk got dealt in the coming season?


vasashi please verify, but Early-bird rights are trade-able just like Bird rights.
So if he's traded before 2023 summer he will keep his Early Bird rights with the new team in Summer 2023.
However he may lose his Bird rights on the trade if his MMLE deal was 1 or 1+option.


Exactly right my dude!
TL;dr: a player who is working on early/full bird rights that signs a de facto 1yr expiring deal gains a NTC within their new deal and upon waiving that right to get traded to a new team, forfeits their bird rights in the process.

Monk is currently a non-bird player, so any new deal he signs this summer with us making him an early bird player (ie 1yr deal) or full bird player (ie 1+1 aka can become a 2yr deal) with us will give him bird restriction rights.

He essentially can restrict other teams from acquiring his bird rights via the use of a built-in no-trade clause (NTC) into his 1yr or 1+1yr deal.

The workaround would be that if he signed a 1+1 with us this summer, the team that trades for him could acquire his bird rights if he consents & opts into that option year (ie making it a 2yr deal) prior to getting traded to his new team. So if the goal is to trade him to a team that can acquire his bird rights as quick as possible, his new deal he signs with us cannot be a 1yr deal or a S&t 3yr deal (where only 1st year is guaranteed)…it has to be a 1+1 deal (where he agrees to opt in early on the 2nd yr) and/or a guaranteed 2yr deal that must be inked this summer with us before we can trade him away post Dec 15th heading into next season’s trade deadline.

yinoma2001 wrote:
Another question, what if the Lakers worked out something with Russ, that would allow him to recoup his 47m but in a new 3 year extension at 45m (15m/year) with the understanding he would be bought out and stretched.

When is the soonest the Lakers could do that (buy out and stretch after a new deal)? I only ask b/c wouldn't that allow the stretch to be over something like 7 years, so 6.4m/year for 7 years instead of 15-16m/year for 3 years?


Clever fella

I believe Pincus had a similar idea with Deng (ie extend him at a lower number) to drop his annual stretched cap hit.

Other than running the very real risk where the league takes a look into possible cap circumvention within our organization, which was corrupted previously with Rob’s 500k tampering misconduct…we could entertain this thought where we sign and waive Russ’s 3yr/45m deal prior to Sept 1st 2022 which would make it a 6.43m annual cap corpse over the next 7 seasons.

Or we make it less obvious (the cap circumvention, that is) and stretch-waive him after Sept 1st, so that he represents a 15m cap corpse for the 2022/23 cap sheet before turning into an annual 6m cap hit for the next 5 seasons starting the 2023/24 season.

Hope that answers y’all’s questions.
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