Cavs 2015-2016 Team Salary and Trade Assets

Omar The Horse said:

@Douglar @wuck

With Tristan unsigned the Cavs have his rights until he is signed. In the meantime, can they sign 2 more players to the roster while he is out?

Click to expand...

• Varejao contract hasa 5% trade kicker; 2016 salary has $9.36Mil guarantee; 2017 salary is not guaranteed until 2017-08-01 when $4.5Mil becomes guaranteed
• 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.
• Cunningham cannot be traded before Dec 28
• Love & Shump cannot be traded before Jan 15
• Thompson cannot be traded before Jan 22

bigfigga12 said:

I have a salary cap question. For a team over the apron, who can not sign another team's impending free agent through sign and trade, how long must they wait to do a regular 125%, salary for salary trade for a player who was an impending free agent, but opted to sign a 1 year extension with his team?

I know (because of the Wiggins situation) a team must wait 60 days to trade a recently signed draft pick, and have no timeline restrictions trading the draft rights to an NBA draft selection before he signs.

With an existing NBA player, I believe a team must wait 6 months to acquire an 'extend and trade' player who was a free agent but then decided to sign an extension instead of testing the free agent waters.

I'll use Dwayne Wade as an example. I hope this won't ever be the case, but let's pretend Lebron demands the F.O to do what it takes to bring Wade into the fold this offseason, and let's assume Wade wants paid his 20 million per season market value..

Under the apron, the Cavs would just simply sign and trade for Wade. Since they are over, the only realistic way of acquiring him would be to wait until his extension falls out of the 'sign and trade' seasoning a player enters into once signing an extension.

Again, this is only a hypothetical, let's assume Riley knows Wade is bouncing regardless and he's dead set on only the Cavs.

Riley, similar to Gilbert eventually deciding on to reluctantly execute a sign and trade with Miami when Lebron bolted, decides it's also better to receive something versus nothing without any leverage and agrees to extend Wade to a salary he's comfortable to play for In Cleveland . So on July 1st, Wade gets extended another year for 20 million. How long until the Cavs can trade for him? 6 months?

If I'm right, that would make it almost January, which shoul put the Wade to Cle preliminary rumors to rest now. Salary wise, the Cavs could realistically acquire Wade now even over the cap once January rolls around for Andy and one of either JR Smith or Shumpert. For a team without leverage and worried about losing a player for nothing, a return of Andy's expiring deal and a now locked up for the next 4 years SG Iman Shunpert wouldn't be something Miami would sneeze at.

Now this hypothetical would never happen In the first place, but also it sure as he'll wouldn't happen this season as Miami will be a contender in the Eastern Conference. I'm just curious to what's realistic an what's not come summer when you know the Wade to Cleveland wheels will inevitably start churning again.

Click to expand...

cdt said:

Cavs Have Already Traded:

• Cavs 2016 first round draft pick belongs to Phoenix via Boston Top 10 protected 2016, 17,18. Unprotected 2019 [7/10/2014]. Since this trade might not happen until 2019, Cavs cannot easily trade another first round pick until this pick is conveyed.

Click to expand...

pinoycavsfan said:

just want some clarification.. does the cavs have a draft pick on 2016 draft or does it belong to phoenix? can phoenix wait for 2019 for the pick to be used and the cavs can draft consequently for 2016-2018?

Click to expand...

Mike Zicarelli said:

wasnt sure where to post this but in the upcoming 2016-2017 season with salary cap going up...

Can we add a big contract free agent 1st and then resign LeBron???

Click to expand...

• 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

• 4/18/16 — No-package restriction lifts on Channing Frye.
• 5/17/16 — 2016 NBA draft lottery.
• 6/23/16 — 2016 NBA Draft.
• 7/1/16-7/11/16 — NBA annual moratorium.
• 7/12/16 — Free agent signing period begins
• 7/30/16 — Brendan Haywood $2.9 million trade exception expires.
• 7/30/16 — Mike Miller $2.9 million trade exception expires.
• 9/7/16 — J.R. Smith’s $5.4 million guarantees for 16/17.
• 2/18/17 — Anderson Varejao $9.6 million and Jared Cunningham $947k trade exceptions expire.

• 2016 — Owed second-rounder (top-55 protected) from Los Angeles Clippers (Rasual Butler, Alonzo Gee).
• 2016 — Owe first-rounder (top-10 protected through 2018, unprotected in 2019) to Phoenix Suns (Tyler Zeller, Isaiah Thomas).
• 2016 — Owe second-rounder to Boston Celtics (Keith Bogans).
• 2017 — Owe second-rounder to Boston Celtics (Keith Bogans).
• 2018 — Owe first-rounder (top-10 protected through 2019, but two years after Phoenix Suns obligation, if not conveyed, converts to lower second-rounder of Los Angeles Lakers/Minnesota Timberwolves, and a 2021 Cavaliers second-rounder) to Portland Trail Blazers (Anderson Varejao).
• 2018 — Owe second-rounder to Philadelphia 76ers (Keith Bogans), may go to Charlotte Hornets (Andrei Kirilenko, Juan Pablo Vaulet).
• 2019 — Owed second-rounder from Minnesota Timberwolves (Tyus Jones).
• 2019 — Owed second-rounder from Los Angeles Lakers (Roy Hibbert).
• 2019 — Owed higher of Minnesota Timberwolves and Los Angeles Lakers second-rounders from Portland Trail Blazers (Brendan Haywood), possibly to Portland Trail Blazers (Anderson Varejao).
• 2019 — Owe second-rounder to New York Knicks (Dion Waiters).
• 2020 — Owed second-rounder (top-55 protected) from Portland Trail Blazers (Mo Harkless, Joe Harris).
• 2020 — Owe second-rounder to Orlando Magic (Brendan Haywood, Anderson Varejao, Channing Frye).

Rob said:

What is the most the Cavs can spend on a free agent this Summer?

Click to expand...