Results 1 to 24 of 24
  1. #1
    Veteran Mel_13's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2006
    Post Count
    14,367
    Yes, Ricky Bobby. ... That, just happened.

    After asking aloud to myself if the Spurs were going to be any kind of a player in free-agency earlier today, it would only seem fitting that Richard Jefferson would decide to opt out of a 15.2 million-dollar contract. Suffice it to say, I saw this coming a mile away -- and if you believe that I'd love to sell you your next... anything, really.

    Whether this turns out to be a great move on Jefferson's behalf or as poor of a decision as it would seem -- opting out of a final year that would've paid him around two-times his current worth -- is neither here nor there as it pertains to a Spurs fan. So rather than get bogged down in the inconsequential, I think it'd be wise to address what this means. What exactly are the implications and ramifications for the Spurs?


    How much money does this save the Spurs?


    Had Jefferson exercised his option, the Spurs were looking to be in the neighborhood of $10 million over the luxury tax. Meaning they'd be paying two dollars for every one dollar over the threshold. So with him opting out, the Spurs are likely to now spend up to the threshold without exceeding it. With Jefferson's decision to opt out, Peter Holt's bottom line just improved by $25 million, should the Spurs stay under the tax -- the Spurs were $10 million over the tax, which translates to $20 million (double on every dollar over), and the Spurs would now be in line to collect $5 million in luxury-tax distribution in July, 2011 by simply being under the threshold.


    Could Jefferson be re-signed? If so, is it possible that 32-40 million isn't worth more than 15.2 million?
    Continue Reading >>>>

  2. #2
    The D.R.A. Drachen's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2004
    Post Count
    11,214
    Yes, Ricky Bobby. ... That, just happened.

    After asking aloud to myself if the Spurs were going to be any kind of a player in free-agency earlier today, it would only seem fitting that Richard Jefferson would decide to opt out of a 15.2 million-dollar contract. Suffice it to say, I saw this coming a mile away -- and if you believe that I'd love to sell you your next... anything, really.

    Whether this turns out to be a great move on Jefferson's behalf or as poor of a decision as it would seem -- opting out of a final year that would've paid him around two-times his current worth -- is neither here nor there as it pertains to a Spurs fan. So rather than get bogged down in the inconsequential, I think it'd be wise to address what this means. What exactly are the implications and ramifications for the Spurs?


    How much money does this save the Spurs?


    Had Jefferson exercised his option, the Spurs were looking to be in the neighborhood of $10 million over the luxury tax. Meaning they'd be paying two dollars for every one dollar over the threshold. So with him opting out, the Spurs are likely to now spend up to the threshold without exceeding it. With Jefferson's decision to opt out, Peter Holt's bottom line just improved by $25 million, should the Spurs stay under the tax -- the Spurs were $10 million over the tax, which translates to $20 million (double on every dollar over), and the Spurs would now be in line to collect $5 million in luxury-tax distribution in July, 2011 by simply being under the threshold.


    Could Jefferson be re-signed? If so, is it possible that 32-40 million isn't worth more than 15.2 million?
    Continue Reading >>>>
    Um, they are undert the luxury tax line, not the salary cap, therefore, they won't get the disbursement.

  3. #3
    Veteran Mel_13's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2006
    Post Count
    14,367
    Um, they are undert the luxury tax line, not the salary cap, therefore, they won't get the disbursement.
    Teams under the luxury tax threshold get the disbursement.

    Tax money:

    * Teams under the tax level receive a full share (1/30) of the tax money.


    http://members.cox.net/lmcoon/salarycap.htm#Q17

  4. #4
    @Kap10Jack Blackjack's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Feb 2008
    Post Count
    8,257
    Mel just doin' what Mel's supposed to do: droppin' da knowledge . . .

  5. #5
    Just agree, and shut up! celldweller's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Mar 2006
    Post Count
    815
    Nice Work MEL_13!

  6. #6
    @Kap10Jack Blackjack's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Feb 2008
    Post Count
    8,257
    Yeah, nicely done Mel. That blog is lucky to have your insight; or we're lucky that you started a blog (or, I'm confused . . .).

    Anyway.

  7. #7
    Bruce Almighty Bruno's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2005
    Post Count
    18,637
    How much money does this save the Spurs?


    Had Jefferson exercised his option, the Spurs were looking to be in the neighborhood of $10 million over the luxury tax. Meaning they'd be paying two dollars for every one dollar over the threshold. So with him opting out, the Spurs are likely to now spend up to the threshold without exceeding it. With Jefferson's decision to opt out, Peter Holt's bottom line just improved by $25 million, should the Spurs stay under the tax -- the Spurs were $10 million over the tax, which translates to $20 million (double on every dollar over), and the Spurs would now be in line to collect $5 million in luxury-tax distribution in July, 2011 by simply being under the threshold.


    Could Jefferson be re-signed? If so, is it possible that 32-40 million isn't worth more than 15.2 million?
    I somewhat disagree with these number.

    First, If Spurs are projected to be $10M over the tax with RJ at $15.2M, they won't be under the tax it they re-sign him to a cheaper contract. I don't RJ agreeing to a new contract that start at $5M.

    Second, the $5M figure in luxury tax redistribution is a wild assumption. It's hard to tell how much tax will be paid that soon in the offseason but is should be less than $150M. IMO, $90M, that is to a $3M share, is a more reasonable figure.

  8. #8
    lol emo Spurs fans My Fault's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Aug 2009
    Post Count
    707
    A lot of interesting things. I wonder the Spurs could package RJ and Bonner or Mason in a S&T to another team to bring someone in.

  9. #9
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Jun 2006
    Post Count
    8,017
    4yrs./32 million for Richard...

    Win, win for everyone.

  10. #10
    The Dude minds DPG21920's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2008
    Post Count
    76,206
    ^ except the spurs

  11. #11
    Watching the collapse benefactor's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2008
    Post Count
    40,683
    Nice blog, Mel.

  12. #12
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Jun 2006
    Post Count
    8,017
    ^ except the spurs
    Which is why they are interested in bringing him back?

  13. #13
    @Kap10Jack Blackjack's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Feb 2008
    Post Count
    8,257
    Wojo:

    Richard Jefferson doesn’t have a deal with the San Antonio Spurs and would prefer to return to the New York area to play for the Knicks or Nets, league sources told Y! Sports.

    Jefferson is seeking a multiyear contract that averages in the range of $8 million-$10 million, sources said. He opted out of the $15 million final season of his contract with the Spurs on Tuesday.

    Jefferson has built a good relationship with Spurs coach Gregg Popovich, but doesn’t think the team’s system best fits his skills.
    Maybe the New Jersey deal for an exception is a real possibility . . .

  14. #14
    Bruce Almighty Bruno's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2005
    Post Count
    18,637
    Yep, nice blog.

  15. #15
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Jun 2006
    Post Count
    8,017
    Yep, nice blog.
    What he said.

  16. #16
    The Dude minds DPG21920's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2008
    Post Count
    76,206
    Which is why they are interested in bringing him back?
    The Bucks were interested enough in Gooden to sign him to that large contract, does that make it good?

    RJ, who is getting older and is a terrible fit, being signed to a long term contract is bad for the Spurs' future.

  17. #17
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Jun 2006
    Post Count
    8,017
    The Bucks were interested enough in Gooden to sign him to that large contract, does that make it good?
    R.C and Popovich are the golden standard in the NBA.

    Comparing them to John Hammond is ridiculous.

  18. #18
    The Dude minds DPG21920's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2008
    Post Count
    76,206
    R.C and Popovich are the golden standard in the NBA.

    Comparing them to John Hammond is ridiculous.
    No, its not. RC and Pop are great, but they have made mistakes. This would be another.

  19. #19
    selbstverständlich Agloco's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jan 2007
    Post Count
    9,013
    Um, they are undert the luxury tax line, not the salary cap, therefore, they won't get the disbursement.



    Fail. Badly.

  20. #20
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Jun 2006
    Post Count
    8,017
    This would be another.
    I don't agree.

  21. #21
    The Dude minds DPG21920's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2008
    Post Count
    76,206
    Well there are certainly two schools of thought on it. I am just on the side that thinks RJ 3 & 4 years down the road is not worth anything the Spurs could get today in savings. Especially when the reality of the market is setting in and they won't be able to "steal" RJ.

  22. #22
    "The ball don't lie." dbestpro's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Feb 2005
    Post Count
    10,259
    It seems to me that RJ would rather take a 50% paycut than play with a no pass PG and a coach who wants him to play PF and be the goat for every loss.

  23. #23
    cotton eyed joe
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    633
    Seems this article is closer than those clowns on local sportstalk radio. This article makes the most sense of any scenario, especially against those who were/are happy to see this guy walk for no compensation and no real options to replace him with.

  24. #24
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Jun 2006
    Post Count
    8,017
    Nick really hit the nail on the head over there at Reigning Black.

    I'm starting to like that blog more and more.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •