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Current cap space = $3.7-4.2 million?

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by DrNuegebauer, Feb 23, 2017.

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  1. DrNuegebauer

    DrNuegebauer Member

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    That's my back of a napkin calculation as to our current cap space?
    *edit* my napkin ran out of space - Heurtas!

    Would love to get a more accurate figure
    The cap is 94.143 mill
    Rockets salaries were either at 94.5 or 94.1 mill

    Brewer for Lou = $612k savings
    KJ = $3.333 mill savings
    Ennis = 1.733 savings

    Heurtas $1.5mill cost

    So the figure should stand in the range of approx $3.7-$4.2 mill

    Depending on where we were at, there's a fair amount of cap space now available to work some magic with the buyout guys.

    When do the NBA contracts actually start? ie what full season number can a pro-rated $3.7 - $4.2 mill bring back?
     
    #1 DrNuegebauer, Feb 23, 2017
    Last edited: Feb 23, 2017
  2. Sooner423

    Sooner423 Member

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    We took on Huertas' salary though. I think ~$3.5mill is the number.
     
    #2 Sooner423, Feb 23, 2017
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  3. tmactoyao

    tmactoyao Member

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    #3 tmactoyao, Feb 23, 2017
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  4. DrNuegebauer

    DrNuegebauer Member

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    Thanks guys!

    Obviously Bima has superior info - but the 3.54 number seems too small based on what is out there? Is there something else I missed?
     
    #4 DrNuegebauer, Feb 23, 2017
  5. kevC

    kevC Member

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    We have to use cap room first to have access to the MLE right?
     
    #5 kevC, Feb 23, 2017
  6. RocketFan

    RocketFan Member

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    Wait... I thought we were WAIVING Huertas?
     
    #6 RocketFan, Feb 23, 2017
  7. Madano

    Madano Member

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    We are but his salary stays on the books (unless someone were to claim him, which seems unlikely).
     
    #7 Madano, Feb 23, 2017
  8. heypartner

    heypartner Member

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    That's not what Bima is saying. He's saying we have $3.5m compared to the options that he lists, which other contenders have. He also says CLE has some TPEs but smaller than our cap room.
     
    #8 heypartner, Feb 23, 2017
  9. kevC

    kevC Member

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    Do we gain the MLE once we use up the cap space or nah?
     
    #9 kevC, Feb 23, 2017
  10. OTMax

    OTMax Member

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    Doesn't matter, it's all about the space and flexibility for Morey. How did we not address our rebounding? Bogut is injury prone and a dick, so that's not an answer.
     
    #10 OTMax, Feb 23, 2017
  11. micah1j

    micah1j Member

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    are new contracts for buy out players prorated? So they will get roughly 30% of those numbers?
     
    #11 micah1j, Feb 23, 2017
  12. JayZ750

    JayZ750 Member

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    Because no one was ... probably available unless DM was willing to part with core pieces.
     
    #12 JayZ750, Feb 23, 2017
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  13. heypartner

    heypartner Member

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    wrt to Bima's post about the buyout market, we already used exceptions. We have $3.54m pure cap to spend in the buyout market.

    Are you talking about this summer?
     
    #13 heypartner, Feb 23, 2017
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  14. DrNuegebauer

    DrNuegebauer Member

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    I think I'm asking if someone is waived, how much salary can we claim off waivers?
    (obviously the answer is the amount of capspace we have - but pro-rated how much equivalency to a full year contract do we have?)

    According to BimaThug's tweet, the answer would be someone who was making approx $5mill
     
    #14 DrNuegebauer, Feb 23, 2017
  15. kevC

    kevC Member

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    Gotcha. I was wondering if we gain an additional MLE if we go over the cap again. Now I realize that's silly. Thanks.
     
    #15 kevC, Feb 23, 2017
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  16. Madano

    Madano Member

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    I'm a bit curious how that $3.52 million value is calculated as well.

    Prior to these trades the Rockets salary was at $94,091,224 and the salary cap is $94,143,000. So before any of these trades the Rockets were $51,776 below the salary cap. After the trades it should be:
    Lou = +$7,000,000
    Huertas = +$1,500,000

    Ennis = -$1,733,880
    KJ = -$3,333,333
    Brewer = -$7,612,172

    which comes out to $4,179,385 in additional cap room or a total of $4,231,161 below the salary cap. That is a +$691,161 difference from Bima's value...

    EDIT: Hoopshype is missing the $680,534 value of Bobby Brown's original contract (pre-DMo saga waiving). Spotrac also has Ariza making $6,971 more than Hoopshype. So this would bring the Rockets down to $3,543,656 in cap space.
     
    #16 Madano, Feb 23, 2017
    Last edited: Feb 23, 2017
  17. DustinS

    DustinS Member

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    You may be correct, but I have learn to NEVER EVER doubt Bima when it comes to the Salary Cap. Dude should be a capoligist in a front office some where. Make it happen Morey!
     
    #17 DustinS, Feb 23, 2017
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  18. kevC

    kevC Member

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    This says $3.54 million.

    http://www.spotrac.com/nba/houston-rockets/cap/
     
    #18 kevC, Feb 23, 2017
  19. JayZ750

    JayZ750 Member

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    Edit... beat to the link: http://www.spotrac.com/nba/houston-rockets/cap/
     
    #19 JayZ750, Feb 23, 2017
  20. Madano

    Madano Member

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    Thanks I see where the difference is now. Hoopshype has an issue showing Bobby Brown's new salary. Whenever we cut him the first time it apparently left $680,534 of dead money from his first contract and after resigning him he counts as
    $259,536 against the cap. Hoopshype only has the $259,536 salary and doesn't show the $680,534 figure.
     
    #20 Madano, Feb 23, 2017
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