Cavs 2015-2016 Team Salary and Trade Assets

[cdt]

I figured it'd be a good idea to have somewhere that we can refer to and keep track of the picks we've acquired while rebuilding. And then change gears and update the list with all the picks we've traded on our way to a championship.

Trade Exceptions:

• Trade Exception (Brendan Haywood, expiring 7/30/16) — $2,329,471 (partially used on Channing Frye)
• Trade Exception (Mike Miller, expiring 7/30/16) — $2,854,940
• Trade Exception (Joe Harris, expiring 1/12/17) — $845,059
• Trade Exception (Anderson Varejao, expiring 2/18/17) — $9,638,554
• Trade Exception (Jared Cunningham, expiring 2/18/17) — $947,276

Draft Rights for:

• Cedi Osman (played overseas in 2015-2016)
• Sir’Dominic Pointer (played in D-League in 2015-2016)
• Milan MacVan (played overseas in 2015-2016)
• İlkan Karaman (likely retired)
• Edin Bavčić (likely retired)

Cavs Receive:

• Lesser of the 2019 second round draft pick from the Lakers (Christmas to Indiana [7/24/2015]) and Timberwolves
• 2020 second round pick from Portland (via Orlando) - (Top 55 protected - Joe Harris Trade [1/12/2016])

Cavs Have Already Traded:

• Cavs 2017 second round draft pick belongs to Boston [9/25/2014]
• Cavs 2018 first round draft pick belongs to Portland. Top-10 protected in 2018 and 2019. Otherwise, turns into 2nd-round picks in 2019 [2/18/2016]
  
• Cavs 2018 second round draft pick belongs to Philadelphia or Charlotte [9/27/2014]
• Cavs 2019 second round draft pick belongs to New York or Orlando [1/5/2015]
• Cavs 2020 second round draft pick belongs to Portland [7/27/2015]

 

[Douglar]

Cavs 2015-2016 Salary, Trade Assets, and Draft Picks

Color Key:

Red = Team Option
Orange = Not Fully Guaranteed
Green = Qualifying Offer
Blue = Player Option or Early Termination Option
Light Blue = Free Agent Amount
Italics = Estimated or agreed but not signed​

Contracts: (using google docs)
[parsehtml]<iframe src="https://docs.google.com/spreadsheets/d/13TtswQmckCJ9uMjlloh0qceZjfcKHaIgxvlpgLRUKEw/pubhtml?gid=0&amp;single=true&amp;widget=true&amp;headers=false" width=750 height=500 scrolling=auto></iframe>[/parsehtml]Salary Notes:

• Lebron, Kyrie & Dellavedova contracts have 15% trade kickers
• Dellavedova, Jones, Lebron & JR Smith contracts have "1-year-bird rights" no trade clauses. They can decline trades because the receiving team would not get bird rights.
• Min salary free agents count as 947,276 for cap and tax purposes. They count at their actual salary for trade purposes.
• Love & Shump cannot be traded before Jan 15
• Thompson cannot be traded before Jan 22

Depth Chart:

• PG: Kyrie Irving / Matthew Dellavedova / Mo Williams
• SG: Imam Shumpert/ JR Smith
• SF: Lebron James / Richard Jefferson
• PF: Kevin Love / Channing Frye/ James Jones
• C: Tristan Thompson / Timofey Mozgov / Sasha Kaun

Transactions/Edits:

• 6/30/2015 Draft picks added, Expiring contracts removed, Free Agent amounts added
• 7/1/2015 Added estimates for Lebron, Love, Thompson, and Shumpert
• 7/7/2015 Removed Marion, Added Mo
• 7/24 Removed Perk, Added Richard Jefferson & James Jones
• 8/21 JR & Delly Signed
• 10/29 Thompson signed, official numbers replaced estimates
• 1/12 Joe Harris Traded after doctor extracts extra bone from foot
• 2/19 Varejao & Cunningham traded fir Frye and roster spot

 

[Douglar]

Here's something that some people might find useful.

These are all draft combine measures except for the blue values that are are estimates and the hyper link values that point to their source.

I didn't include the bench press or lane agility because it isn't really clear what skills those measure on the basket ball court. Some guys do a lot of reps with the barbells, but look weak as anything on the floor. Some guys have bad lane agility, but get to the hoop at will in real life.

I didn't include weight because it changes so much. Maybe a current weight column would be interesting.

[parsehtml]<iframe src="https://docs.google.com/spreadsheets/d/13TtswQmckCJ9uMjlloh0qceZjfcKHaIgxvlpgLRUKEw/pubhtml?gid=838122818&amp;single=true&amp;widget=true&amp;headers=false" width=500 height=450 scrolling=auto></iframe>
[/parsehtml]2013-07-09 Nathan S contributed Bennett's standing reach.
2013-07-11 Got Bynum numbers from here
2014-01-07 Added Deng
2014-02-21 Added Hawes
2014-03-31 Added Hopson
2014-06-27 Added Draft Picks & Brendan
2014-07-15 Added James & Miller
2014-07-17 Added Jones
2014-07-25 Added Malcolm Thomas for Felix
2014-08-23 Added Powel & Love
2014-09-28 Bogans traded players cleared out.
2015-01-15 Added Smith and Shupert
2015-02-25 Added Perkins

Former Players:
[parsehtml]<iframe src="https://docs.google.com/spreadsheets/d/13TtswQmckCJ9uMjlloh0qceZjfcKHaIgxvlpgLRUKEw/pubhtml?gid=1025848606&single=true" width=540 height=510 scrolling=auto></iframe>[/parsehtml]

 

[Douglar]

Here is an interesting article about NBA trades--

http://www.shamsports.com/2014/07/consideration-in-trades-and-trade.html

At the end of the July Moratorium each year, the league sends out a memo containing all of the findings from the audit it conducted during it. That audit is what the moratorium period is for - the moratorium is one long end-of-season book-keep in which it crunches all the numbers related to revenue, BRI, escrow, tax and the like, and makes determinations on both the past and the future. That memo generally filters through to the mainstream media - it has to, because it contains all the things that will make the league work next year, such as the salary cap numbers and exact size of the luxury tax threshold. It also contains things such as the latest projection of the season after next ($66.3 million salary cap, $80.7 million luxury tax threshold) and the sizes of next year's exceptions.

....

Part two of this first section concerns consideration in trades for non-playing personnel. Seemingly, in light of recent de facto coaching trades (whereby a team receives compensation for letting a non-playing member of staff out of their contract to sign with the other team), those rules needed some clarification. And the clarified rules are stated in the memo as follows

 

[calleger]

The Cavs also can swap picks with the Bulls

From the Chad Ford future rankings. Probably just a national guy slapping words on a page, but do the Cavs have the ability to force the swap?

 

[Douglar]

From the Chad Ford future rankings. Probably just a national guy slapping words on a page, but do the Cavs have the ability to force the swap?

I think he got it backwards. Bulls can swap with the Cavs if the Bulls want, but the Cavs can't force a swap.

 

[tristan+kyrie=$]

didn't know where to put this so figured this seemed ideal...feel free to move mods
<blockquote class="twitter-tweet" lang="en"><p>There it is. RT <a href="https://twitter.com/RichSandomir">@RichSandomir</a>: NBA to announce $24 billion/9 yr deal w/ ESPN and TNT on Monday. Annual average value nearly 3x current deal.</p>&mdash; Zach Lowe (@ZachLowe_NBA) <a href="">October 6, 2014</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[spydy13]

Don't we still have the Miami first this year?

EDIT: my bad, I didn't realize this was part of the k love trade.

 

[Douglar]

Here is a good writeup on some of the technical details for trades now that we are over the cap-- Things the Cavs team has not had to deal with under the new CBA yet. This stuff is not getting simpler as time goes by, is it?

http://www.fearthesword.com/2014/11/30/7292495/fearthesword-cba-school-cleveland-cavaliers-trade-faq

 

[col63onel]

Here is a good writeup on some of the technical details for trades now that we are over the cap-- Things the Cavs team has not had to deal with under the new CBA yet. This stuff is not getting simpler as time goes by, is it?

http://www.fearthesword.com/2014/11/30/7292495/fearthesword-cba-school-cleveland-cavaliers-trade-faq

The article is too optimistic on our sign and trade possibilities. At the very least we have to move Dion for no salary next year. Even then, it'll take some maneuvering.

 

[Mott the Hoople]

Does anybody know what protection is on this 1st round pick we got for Waiters?

 

[MoFlo]

Does anybody know what protection is on this 1st round pick we got for Waiters?

Top 18 protected in 2015. Top 15 protected in 2016 & 2017.

If not fulfilled by then, converts into 2nd round picks in 2018 & 2019.

 

[Caffegy]

realistically in 2016, could this team keep TT, Shump, Moz on improved deals, while offering LBJ and Love the max?

 

[Kyrieville]

realistically in 2016, could this team keep TT, Shump, Moz on improved deals, while offering LBJ and Love the max?

Assuming the cap will be $80 million in 2016-17, LeBron and Love will max out at 35% of the cap. Their starting salary will be the same, ~$28,000,000 and they will get 7.5% raises each year. Love will make ~$37 million in 2020-2021.

In 2019-2020, the Cavs will have ~$90 million tied up in LeBron, Love, and Irving.

To answer your question, the team can keep those guys, if Dan Gilbert is willing to pay for them.

I did a little math and guesstimatations with excel.

If the Cavs give Tristan $12 million/year, Shumpert $6 million/year, Mozgov $12 million/year, and JR Smith $6 million/year, and Dellavedova $3 million/year, the Cavs are looking at a ~$124 million payroll in 2016-17... way over the projected luxury tax of $90-95 million. That's with 4 open spots on the roster (Miller, Jones, Marion, Haywood) (assume that's another $4 million in salary). The Cavs are looking at a $130 million payroll in 2016-2017.

If the luxury tax is $95 million, the Cavs will be $35 million over the luxury tax threshold. Gilbert will pay $42 million in tax just for the first $20 million over. He will pay $18.75 million for the next $5 million over, $21.25 million for the next $5 million over, and $23.75 million for the final $5 million over... add those up: $108 million in luxury tax in 2016-2017. This isn't even the repeater tax.

 

[westsidebob]

Assuming the cap will be $80 million in 2016-17, LeBron and Love will max out at 35% of the cap. Their starting salary will be the same, ~$28,000,000 and they will get 7.5% raises each year. Love will make ~$37 million in 2020-2021.

In 2019-2020, the Cavs will have ~$90 million tied up in LeBron, Love, and Irving.

To answer your question, the team can keep those guys, if Dan Gilbert is willing to pay for them.

I did a little math and guesstimatations with excel.

If the Cavs give Tristan $12 million/year, Shumpert $6 million/year, Mozgov $12 million/year, and JR Smith $6 million/year, and Dellavedova $3 million/year, the Cavs are looking at a ~$124 million payroll in 2016-17... way over the projected luxury tax of $90-95 million. That's with 4 open spots on the roster (Miller, Jones, Marion, Haywood) (assume that's another $4 million in salary). The Cavs are looking at a $130 million payroll in 2016-2017.

If the luxury tax is $95 million, the Cavs will be $35 million over the luxury tax threshold. Gilbert will pay $42 million in tax just for the first $20 million over. He will pay $18.75 million for the next $5 million over, $21.25 million for the next $5 million over, and $23.75 million for the final $5 million over... add those up: $83.75 million in luxury tax in 2016-2017. This isn't even the repeater tax.

Good post, but your math is off, it's even worse. If they're $35M over the cap, their tax would be $108,750,000. If they were a repeater, the tax would be $143,750,000.

http://www.cbafaq.com/salarycap.htm#Q21

Since the Cavs are in the tax now, they're going to have to pray for big TV contracts and a huge redesign of the CBA, otherwise, this party could end quickly.