HoopsHype Salary Cap rumors

January 7, 2015 Updates
January 6, 2015 Updates
December 31, 2014 Updates

On how much Dirk taking a less expensive contract made the Rondo trade possible: Cuban: “All of it. This trade was Dirk’s trade. Without Dirk doing what he did, we would’ve been unable to pull it all together.” Dallas Morning News

December 23, 2014 Updates

Cuban will have to negotiate new contracts with Rondo and Chandler this summer, but the Mavs don’t have to worry about the salary cap because they own both players’ Bird rights. Ellis can opt out of the final year of his three-year, $25 million deal that’s been a tremendous bargain. If that happens, the Mavs would own his early Bird rights and be able to offer him a contract with a starting salary of up to 175 percent of the $8.36 million that he makes this season. “I’ll at least do my best to keep them together,” said Cuban, who can pay his own free agents more than other teams are allowed to offer. “I want to keep them together. It’s cheaper to keep her. It’s not where we were before. ESPN.com

“Do I want to go deep into the luxury tax? No, and I think it’s more because I want us to have some options in a couple of years. But, yeah, there’s no reason for us not to keep everybody together, not that I know now. “I want them to give us a hometown discount of about 90 percent, but I understand what’s involved.” ESPN.com

December 22, 2014 Updates

According to two people with knowledge of their situation, they will use the league's stretch provision on the remaining $27 million of Smith's combined salary in these next two seasons in order to save $8.1 million in salary cap space. That tool, which was negotiated into the collective bargaining agreement during the NBA lockout in 2011, is intended to help teams like the Pistons get out from underneath deals that are considered toxic to their team building. USA Today Sports

December 20, 2014 Updates

Griffin has decided to wait, his goal being to add another big man -- one who can block some shots and rebound. The trading deadline is February 19, and there may be some big men available close to the deadline. If Griffin had made a strong bid for Brewer, that would have been the Cavs main in-season move. The salary cap would have prevented most other deals. The trade option is the key because it allows a team to get rid of a contract (as Minnesota did with Brewer), but not take back much money. Cleveland Plain Dealer

December 19, 2014 Updates
November 24, 2014 Updates

If you could instantly change anything about the NBA, without having to negotiate the terms or compromise your position, what change would you make? Adam Silver: I would have a harder salary cap. I still think it's unhealthy for the league when a team like Brooklyn goes out and pays an exorbitant luxury tax in order to give themselves a better chance to win. From a league-office standpoint, the ideal league would be for all thirty teams to compete based on the skill of their management and players, as opposed to one team paying more to get better talent. So creating a more even system would be at the top of my list. And I'll give you one more: I think it would benefit the league to raise the minimum age from 19 to 20. GQ.com

November 23, 2014 Updates

Bryant will make $25 million at 37 years old while Nick Young, Julius Randle and Ryan Kelly take up another $10 million. Various player options (Ed Davis) and team options (Jordan Clarkson, Robert Sacre) could add another $3 million, though Davis could opt out and drive that number even higher. Leave room for an estimated $5 million for their likely two first-round draft picks. It's easy to see the Lakers allocating $43 million toward only nine players amid a conservatively estimated salary cap of $66 million for 2015-16. Throw in troublesome mandatory things called "cap holds" and the Lakers have only $21.5 million to spend next summer on free agents. Los Angeles Times

November 15, 2014 Updates

PT: Does it strike you as strange that the suggestion that the players might request over 50 percent of basketball-related income, maybe materially more than 50 percent, sounds radical in this landscape? MR: Let's put it this way: I have never heard anyone complain about the amount of money George Clooney makes. No one says a peep about the fact that this guy makes probably more than the highest-paid player in the NBA. It's mind-boggling to me that people think that the players make too much given that this is a multi-billion-dollar industry, and they do not enjoy most of the money that's being made. It is insane to suggest that these men make more money than they deserve. It is insane. ESPN.com

November 13, 2014 Updates

NBA commissioner Adam Silver released a statement on Tuesday in response to NBPA executive director Michele Roberts' statements about the salary cap. From the press release: Adam Silver: “We couldn't disagree more with these statements. The NBA's success is based on the collective efforts and investments of all of the team owners, the thousands of employees at our teams and arenas, and our extraordinarily talented players. No single group could accomplish this on its own. Nor is there anything unusual or “un-American” in a unionized industry to have a collective system for paying employees -- in fact, that's the norm. CBSSports.com

Adam Silver: “The Salary Cap system, which splits revenues between team owners and players and has been agreed upon by the NBA and the Players Association since 1982, has served as a foundation for the growth of the league and has enabled NBA players to become the highest paid professional athletes in the world. We will address all of these topics and others with the Players Association at the appropriate time.” CBSSports.com

NBA union executive director Michele Roberts believes the NBA owners are expendable, that players deserve more than a 50-50 split in basketball-related income and that the salary cap needs to be abolished. "Why don't we have the owners play half the games?" Roberts said in an interview with ESPN The Magazine. "There would be no money if not for the players. "Let's call it what it is. There. Would. Be. No. Money," Roberts said, adding emphasis after each word. "Thirty more owners can come in, and nothing will change. These guys go? The game will change. So let's stop pretending." FoxSports.com

"I don't know of any space other than the world of sports where there's this notion that we will artificially deflate what someone's able to make, just because," she said, talking about the league's salary cap, which limits a team's ability to spend on players. "It's incredibly un-American. My DNA is offended by it. "I can't understand why the [players' association] would be interested in suppressing salaries at the top if we know that as salaries at the top have grown, so have salaries at the bottom," she said. "If that's the case, I contend that there is no reason in the world why the union should embrace salary caps or any effort to place a barrier on the amount of money that marquee players can make." FoxSports.com

November 4, 2014 Updates

There will be a massive jump for the 2016-17 season, kicking in right when Durant enters free agency. No one knows how high the cap will go that summer. If left unchecked, it could blow past $90 million. The league and players’ union are discussing plans that would artificially deflate the 2016-17 cap and introduce new TV money into the system more smoothly. The league has pitched several versions of such a plan, including some that set the 2016-17 cap anywhere from $78 million to $82 million, per multiple league sources. Grantland

November 3, 2014 Updates
November 1, 2014 Updates

Why would the Cavaliers sign Anderson Varejao to any type of contract extension, given his injury history? Here is what the Cavs were thinking: 1. Varejao is a tremendous role model because of his hustle, relentless rebounding and grit coming back from injuries. He fits with LeBron James. His unselfish attitude and upbeat personality are ideal for a contender. Coaches love to show tapes of Varejao drawing charges, rolling on the court for loose balls and chasing rebounds. They also appreciate how he has learned some inside moves to score. 2. The market for big men is about to explode when the new salary cap begins to kick in during the summer of 2015. Backups will be paid nearly $10 million a year if they can do a decent job at center. Cleveland Plain Dealer

The contract was reported at $30 million for three years. That's accurate, but not true. The $30 million figure is accurate if he plays all three seasons. It breaks down like this: $9.7 million in 2015-16, fully guaranteed. $10.3 million in 2016-17, $9.3 million guaranteed. $10 million in 2017-18, ZERO guaranteed. Cleveland Plain Dealer

October 29, 2014 Updates

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