As part of the Haywood deal, they gave up draft picks to dump Miller. That's a classic example of a salary dump.
Is it that black and white?
The addition of Mo Williams and Richardson along with retaining Jr smith, delly and James Jones put Miller on the Block. Miller's unhappiness with his role sort of sealed the deal.
should The Cavs sign Thompson at 17 million that takes the Salary to 105 Million add in JR at less than 5 million
110-85= 25 million luxury Tax amount
at 3.75 for 20 million + .50 for hitting the 25 million threshold.
106.25 Tax. Thats approximately 216 million in Salary.
should the cavs somehow finish below the 25 million over tax lets say 24.9 for 109
Thats a 93.37 Tax
Thats 203 million salary. A savings of 13 Million
Realistically the difference in Tristans starting out this season at 16 million instead of 16.7 cutting out that 700 thousand could save the Cavs 13 million dollars.
the following season the Cavs will likely pay Lebron 26.7 million based on an 89 million cap. that is if Lebron takes 30% instead of 35%
so
Lebron 26.7 Million
Love 21.1
Thompson 17.2
Irving 17.6
Shumpert 9.6
Mo 2.1
JR 5.0
Thats 99.3 Million. with an 89 million cap from 70 million cap. thats a 21.5% increase. The Luxury tax level typically coincides with the cap increase so we will calculate it at 20%.
so approximately 101 Million luxury tax level.
Thats if its 89 which is a conservative projection. it could be more.
so lets say they retain mozgov for about 13 million
and spend about 5 million to round out the roster + 3 million for Delly
thats an estimated 120 million. about 19 million over the tax.
only paid the tax 2 of the previous 4 seasons so no repeater tax. under 20 million so its a 3.25 modifier
tax is an estimated 61.75 Million.
Thats a decrease from 203-216 to 181.75 Million
fast forward to the next season and you have a projected 102 Million cap. Another 23% increase
Ill calculate the tax level to be conservative at 20% again. thats around a 121 million tax level.
Lebron 30 Million
Love 22.6
Irving 18.8
Thompson 18.0
Shumpert 9.3
Estimated Mozgov 13.5
Estimated Delly 3.3
7 players guaranteed Estimated 115.5 cavs will need to stay within 4 million of the luxury tax so about 10 million to fill out the roster or 2 million per slot for a 13 man slot. Cavs can use the apron to stay out the tax for the next three seasons if things stay as they are. or with the new tv deal the tax structure is changed should the player elect to lock out.
Controlling cost and saving money just because you can are two different things.
This would only work if Lebron only takes 30% instead of 35%