Stern Expects 2010 Cap to be 56.1 Million

[spectre]

Per Ken Berger of CBS via RGM Wiretap

David Stern places revised '10-'11 cap figure at $56.1 million, a boon to teams pursuing free agents. Stern's new cap estimate is up dramatically from last summer's projection of $50.4M-$53.6M.

It's based on a 0.5 pct decline in league revenue (BRI), source tells CBSSports.com. Previous estimates feared a 2.5-5 pct. decline.

That's 1.6 million lower than this year (57.7 million) which will mean we should see a relative drop in the LT from 69.92 million to around 68.32 million.

Great news!!!

[teej]

Very good news. Especially for Raymond and Tyrus.

[mj4life]

we should be able to bring back everybody if they want to be here and be right at the lux tax limit. would like to see what this team can do with a little more time together

[CatNation]

bring back everyone but hughes...resign flip.

[spectre]

In order to retain TT & Felton we'll still go over. 59 + TT's QO is still 65. If we gave Felton a convention contract it should start in the 5-5.5 range and that would be 70+ million.

It's still a lot better having to lose 2 million vs 5 million before the next deadline to get under the LT. You can do that with the 80% + 100k rule in trades...meaning we shouldn't have to trade an asset for relief.

[Toocool]

In order to retain TT & Felton we'll still go over. 59 + TT's QO is still 65. If we gave Felton a convention contract it should start in the 5-5.5 range and that would be 70+ million.

It's still a lot better having to lose 2 million vs 5 million before the next deadline to get under the LT. You can do that with the 80% + 100k rule in trades...meaning we shouldn't have to trade an asset for relief.

Spec (or anyone else), can you explain to me why the LT threshold lowering is good?

I will be first to admit I know jackall about Luxury Tax...and about cap situations too

[Fred Williamson]

"bring back everyone but hughes...resign flip"

co-signed

[spankymoore7]

I believe with keeping UPS and offering TT, we will be at about 66 million. Resigning felton would certainly put us in luxury tax land. The good thing is we would have until the end of the season to get it figured out

One option would be to find a team with cap space, and trade a large expiring contract for a longer, smaller per year deal. For example, chandler to sacramento for nocioni. We can do this since sac is under the cap. Would give sacramento a ton of space a year from now, they move nocioni who wants out(gonna be hard to move a guy making that kind of money), and they get a servicable, motivated big in a contract year. We would save 5.75 million this year, which would get us really really close to the luxury tax line with felton resigned, only slight adjustments to get there. We have a lot of centers, so i think we would be ok, especially if we play diaw at center with TT at the 4. Yes we take on more money long term(nocioni is guaranteed through 2012, with a team option for '12-'13), but we would get mohammad coming off in a year so we wont be in too bad shape.