collisrost
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- Mar 28, 2009
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I've been thinking about ways to get the "Miami superteam" of Lebron, Bosh and Wade in Chicago. And I think there might be a way.
The trick is to use the salary cap as your friend. As it stands, the Bulls have the cap room to offer two of those players just slightly less than max deals. Well here's the trick I think we could pull...
First, we could trade away James Johnson for cap space and sign two of them, say Lebron and Wade, to the max or just under, depending on where the salary cap sits. So far this is our existing plan. Nothing creative yet.
But now the trick: After you sign the two superstars, you're right at the cap. Sign one minimum level free agent (for the sake of the argument, say we sign Byars). Now we're well and truly over the cap.
Being over the cap is good. We can make a trade using the 25% + 100,000 rule for matching salary. If you put Luol Deng and Taj Gibson's salaries together, you'll get a total of $ 12,462,680. Multiply that by 1.25, add 100,000, and we can take back $15,678,350 in salary, which is once again just below the max. So we could give Bosh a 6 year deal in a sign and trade starting at that salary.
This would require everyone to take a small paycut, but not a large one. I think it's a bit of creative financing that might actually be possible.
The other option is to pretty much do the same thing except do the sign and trade for someone else like David Lee. In Lee's case Deng's salary by itself would be enough to make the trade work, so we could get rid of both Gibson and Johnson, offer Lebron and Wade the absolute max, then sign a minimum guy to get over the salary cap and do the sign and trade. No paycut for anyone.
I'm convinced this would work. Capolo9gists, is anything I'm proposing illegal? I think not.
The trick is to use the salary cap as your friend. As it stands, the Bulls have the cap room to offer two of those players just slightly less than max deals. Well here's the trick I think we could pull...
First, we could trade away James Johnson for cap space and sign two of them, say Lebron and Wade, to the max or just under, depending on where the salary cap sits. So far this is our existing plan. Nothing creative yet.
But now the trick: After you sign the two superstars, you're right at the cap. Sign one minimum level free agent (for the sake of the argument, say we sign Byars). Now we're well and truly over the cap.
Being over the cap is good. We can make a trade using the 25% + 100,000 rule for matching salary. If you put Luol Deng and Taj Gibson's salaries together, you'll get a total of $ 12,462,680. Multiply that by 1.25, add 100,000, and we can take back $15,678,350 in salary, which is once again just below the max. So we could give Bosh a 6 year deal in a sign and trade starting at that salary.
This would require everyone to take a small paycut, but not a large one. I think it's a bit of creative financing that might actually be possible.
The other option is to pretty much do the same thing except do the sign and trade for someone else like David Lee. In Lee's case Deng's salary by itself would be enough to make the trade work, so we could get rid of both Gibson and Johnson, offer Lebron and Wade the absolute max, then sign a minimum guy to get over the salary cap and do the sign and trade. No paycut for anyone.
I'm convinced this would work. Capolo9gists, is anything I'm proposing illegal? I think not.