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Updated Wolves Salary Cap Situation through '13-14
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TOPIC: Updated Wolves Salary Cap Situation through '13-14

Re:Updated Wolves Salary Cap Situation through '13-14 2 years, 5 months ago #35682

  • czaras
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FOr reality's sake we could just forget about them. But I guess the guys at Hoopus want to be extremely orthodox with the CBA so they are still there, blurring the general picture at best.

Re:Updated Wolves Salary Cap Situation through '13-14 2 years, 5 months ago #35684

czaras wrote:
FOr reality's sake we could just forget about them. But I guess the guys at Hoopus want to be extremely orthodox with the CBA so they are still there, blurring the general picture at best.



Correct. For all general purposes, there is really no reason whatsoever to include them on the sheet.
Question: "Why do you shoot so many Threes?"

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Re:Updated Wolves Salary Cap Situation through '13-14 2 years, 5 months ago #36212

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I need clarification on this one;

for months I've been led to believe by Canis Hoopus salaries page ( www.canishoopus.com/pages/contract-info ) that Darius Songaila has a PLAYER OPTION for the next season at 4.8 million. As in: he's crap so he'll take it, as in: he's not an expiring.

But then I found this salaries page on Sham Sports: www.shamsports.com/content/pages/data/salaries/timberwolves.jsp

...which claims that next season there's a ETO (early termination option) on his deal, just as on Gomes' 5th year.

I double-checked CH and voila - they changed it to ETO too.

What does it mean? That it's still Songaila who decides whether he stays or gets out of the deal? Because frankly, I don't know the difference between a Team/Player option and an ETO rather than if you don't do anything with a Player/Team Option you lose it... while if you don't do anything with an ETO, you just stay on the deal.

So in reality Songaila has a 2 year deal, unless he'll say he's opting out after this season which won't happen. Right?
Last Edit: 2 years, 5 months ago by czaras.

Re:Updated Wolves Salary Cap Situation through '13 2 years, 5 months ago #36220

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I don't know the exact difference between a "player option" versus the player having an ETO. Maybe the date which they have to make their decision is different?

But you are correct it'd be hard to imagine that this would change anything about Songaila. He'll be back next year for 4.8 million. He's a reasonable veteran backup to pay that money to.
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Re:Updated Wolves Salary Cap Situation through '13 2 years, 5 months ago #36222

Yeah, that shouldn't change anything in regards to Songaila.
Question: "Why do you shoot so many Threes?"

Antoine Walker: "Because there are no Fours."

Re:Updated Wolves Salary Cap Situation through '13 2 years, 5 months ago #36240

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An ETO and a Player Option are basically the same thing to the point where it doesn't matter.

Here's the difference:

For a Player Option, the player/player's agent has to inform the team by a certain date if he would like to accept the option. If they fail to do this, the contract is terminated and he's a free agent.

For an ETO, the player/player's agent has to inform the team by a certain date if they would like to opt out of rest of the contract. If they fail to do this, the contract goes into effect and he's still on the team.
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Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61096

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Some salary info I posted in the trade thread. Thought it was relevant:

It looks like we will actually have hardly any cap space this summer.

www.shamsports.com/content/pages/data/salaries/timberwolves.jsp

Offseason Wolves payroll - $43,105,700 (Brewer excluded)
+ Randolph addition `$2,900,000
=46,005,701

This is also 13 guaranteed contracts this offseason - $2.2mm and a roster spot of which is Kosta Koufos' (?!?!?!?!)

Current Cap = $58 million. For the sake of this let's assume it stays the same. Current Cap Space = $11,994,299

However, where this gets tied up is cap holds to Rubio and our other first round picks. I am not sure of the exact amounts so I will use DeMarcus Cousins' 5 pick salary of $3.6 million for Rubio. Note - we pay a cap hold for him whether he comes or not. All summer. Let's assume the Wolves get the 5th pick this year (worst case), so we can add another $3.6 million to our cap. Maybe assume the Memphis pick carries over to next year since Rudy got hurt. Take on an additional $1.5 MM for the other first rounder and thats a cap hit of $8,700,000

Total Cap Space - $3,294,299

And this is "best case." Better draft pick and that number decreases. However, a better draft pick is of course a good thing, unless Kahn is drafting for us. If Memphis squeezes into the playoffs, this number also drops.

This is about 40% less than the midlevel exception. You can't sign a guy to get above the cap and THEN use the midlevel exception afterwards, so we are actually now worse off than before, and worse off than just about every team in terms of free agent money available. This isn't the end of the world since we will have 16 guaranteed contracts all things considered, so it looks like more trades will have be on the horizo to create roster spots and upgrade talent. It will not happen in free agency.

Picking up Koufos' option was a silly mistake here.
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Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61099

Picking up Koufos the Doofus's option was ridiculous when it happened, as some of us said at the time (I did for sure.) But then people ripped on me for saying it was dumb.

And there is a 99% chance the salary cap does NOT remain at $58 million next season, due to the obvious lockout/new CBA.

Soooooo... we'll have even less cap space than that, and potentially none. But then if we have none we could use the full MLE on someone! (Groan.) And that's if the MLE even exists after the lockout/new CBA. Sounds like there is a decent chance it won't.
Question: "Why do you shoot so many Threes?"

Antoine Walker: "Because there are no Fours."

Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61101

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Hmmm. sucks. really surprises me. but the math looks right. damn...Good thing we're done rebuilding, we wouldn't have anymore money to do anything anyway!
“If you’ve got some balls, you can do some stuff” - Nikola Pekovic

Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61105

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We aren't signing a FA this off season. We never thought we would. They need to sign Rubio, draft a good player and make a trade with the two later picks. That is plenty.
Thank you for the baton Mr. Kidd - Pretty Ricky

Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61127

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pants wrote:
We aren't signing a FA this off season. We never thought we would. They need to sign Rubio, draft a good player and make a trade with the two later picks. That is plenty.

Pants gets a howl for realism and patience.

Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61129

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Or ability to absorb salary in a trade. Same thing. Just pointing out that it stings a bit, but I suppose such is the price for adding AR. Excited to see him play, maybe tomorrow?
"Double fistin it, I like it."

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Re:Updated Wolves Salary Cap Situation through '13 11 months, 3 weeks ago #61161

WallyWorld wrote:
Or ability to absorb salary in a trade. Same thing. Just pointing out that it stings a bit, but I suppose such is the price for adding AR. Excited to see him play, maybe tomorrow?


Sounds like he might, but not entirely sure. Trade might not be officially completed at league offices yet. So if not tomorrow, then Friday for sure. And I assume he'll play Friday, as Rhombus can't resist playing all 12 guys per game. Especially long and athletic ones.
Question: "Why do you shoot so many Threes?"

Antoine Walker: "Because there are no Fours."
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