the RF Executive of the Year award is presented to the poster who, over the past year, has displayed the most accurate, helpful and informative knowledge of all things salary cap, transaction-related and connected to the business end of running nba franchises. there are a lot of guys that talk as if they know how the cap works, but few who actaully do.
this year's winner is relatively new to rf and doesn't post a great deal, but when he does he is heads and shoulders above the rest of us in terms of both his research and his understanding of cap-related subject matter. here is an example that knocked my socks off when i read it:
Originally Posted by ?????
Nope, not quite.
From New Orleans perspective, our TPE doesn't make a lick of difference.
The rules are: a team cannot take back more than 125%+100,000 of the salary they send out. NOTE: Any team, at any time can take back as little salary as they like. It is only the restriction on the other team (of only receiving 125%+100,000) that prevents this from happening very often.
The trade happened two ways - one from either perspective.
TO's perspective: TOR sends Banks and Andersen and Jack for Peja. This works because Peja's contract fits in that 125%+100,000 restriction that TO can take back (after he sacrificed a bit of his trade kicker). TOR uses 2.3M of TPE to get Bayless.
NO's perspective: NOH send Bayless for Andersen (fits within 125%+100,000). Then, NOH uses 5M of their 6M TPE (from an earlier Mo Pete trade) to absorb Banks' contract. Then, NOH send Peja for Jack - they are taking back LESS salary, so they are allowed to do this, and because they are sending out ONE player, and receiving less salary, a TPE in the amount of the difference (9.6M) is created.
Note that we didn't actually need to have a large TPE for this deal to happen, only a small one to use on Bayless. This is why so much of our TPE is left over (12.2 M).
and of course there is his contribution to this thread for the current year. this is a fantastic resource:
please join me in congratulating this year's winner of the RF Executive of the year award: DanH
stay tuned for two big award presentations - the rookie of the year and rf's most valuable poster - coming soon!