How does a hard salary cap work?
what happens if the NBA goes to a hard salary cap? Could we lose Rose and Noah? How does it work in the NHL?
almost 2 years ago
houstonbull
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It's pretty simple how it works
There’s a set salary cap figure, and under no circumstance can you go over it.
Regarding Rose and Noah, it would take absolutely piss-poor cap management for us to wind up in a situation where we would have to lose one of them. Given how fiscally conservative Jerry Reinsdorf usually is and how influential he is in CBA negotiations, I’m really not worried that we’ll ever get to that point. In fact, I think the Bulls, as presently run under Reinsdorf, would be in a much better position to compete for a title if we did end up going to a hard cap.
Brad Miller is god.
I agree hardcap wont be a factor under Dorf
Considering we arnt even going to go into the Soft Cap untill Rose / Noah Resign
I know there was an article talking about the Heat losing Lebron or Bosh from a hard cap.
But that set the hard cap at $45 million. I don’t see any way the NBA would go that low for a hard cap. I would imagine they would go somewhere between the current cap and the luxury tax if they were to go to a hard cap.
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I was thinking we would set it at the lux tax level and the soft cap level would be the beginning of lux tax.
Would there be things such as the MLE? if not this would really screw up the Heat.
How did the NHL implement a hard cap I guess is my other question.
Teams would structure their respective deals differently if there was a hard cap.
by houstonbull on Jul 13, 2010 10:42 PM CDT up reply actions
There are a couple ways it could be implemented
The initial proposal from the owners called for cutting all salaries, including those dictated by contracts signed under the current CBA, in half. If they actually got away with cutting all salaries by a set percentage amount, they’d probably set the hard cap just above the highest team payroll. We should all hope that doesn’t happen because it’d probably mean there was no 2011-12 season.
Another option is the NBA could allow teams to buy players out and not count against the new hard cap. When the NBA implemented the luxury tax, they allowed teams to buy out one player from the remainder of their contract and not have them count against the luxury tax. Larry Coon FAQ (Q18) The NHL did something similar. This is from Wiki.
To ease the transition to the salary cap, teams were allowed one week to buy out players at two-thirds the cost of their remaining contract, which would not count against the salary cap. Bought out players could not re-sign with the same team.
Well, isn't what LeBron did last night the living embodiment of The Secret, leaving millions on the table and turning himself into a hometown villain, all for the sake of winning?
Neil Paine, basketball-reference.com
i have a question unrelated to this
But I dont want to create a whole new fanpost for it.
What is a trade exception and how does it work?
I'll be honest...
….I still don’t get why simultaneous trades are so restrictive. It seems like teams acquire TPE’s all the time. I mean, why couldn’t the Bulls have just traded Hinrich to someone who wanted him, over the cap or not, and created a TPE? Why did he have to go to a team with cap space?
In the past 10 years, just four team owners have not paid a luxury tax and are not on pace to pay one this year: Donald Sterling, Jerry Reinsdorf, Chris Cohen (Golden State), Bob Johnson (Charlotte).
Two owners’ teams averaged an operating income of over +$10 million per year while their teams have lost over 60% of their games: Donald Sterling and Jerry Reinsdorf.
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