If he leaves Philly it will probably be more money/years, which he wouldn't get with us. And while he was very effective last year, I would be leery of when his drop off is coming giving he is turning 35 in a week. His 3p% declined a little bit last year to 39% ( he had been between 42-47% the previous 4 years).
I expect the Sixers to offer Redick 3yrs/30M. He's really in an optimal situation playing with Embiid. 3pt shooting ages well. His 3p% was 39.7 and that coincided with an increase from 6.6 to 8.0 attempts. If he leaves the Sixers, it most likely would be for the Nets.
Can the 76ers offer him this if they offer butler and harris the max?
they can have FOUR max players .....Embiid , Simmons , Harris and Butler and Reddick ?
If they want to pay an insane luxury tax, yes. But Butler is most likely gone. Maybe Harris, too.
Luxury tax really doesn't go insane until you get hit with the repeater tax.
True, but if they re-sign all their guys this summer at market value, AND then give Simmons a max extension next summer, their starting lineup for 2020-2021 would be at $152 million as a repeat offender, before filling out their bench with minimum contracts. That's nuts.
They won't be a repeat offender in 2020/21. You don't become a repeat offender until you're in the tax for 3 of the last 4 seasons. So assuming they don't go into the tax next season, they won't be paying repeater tax for the next 4 seasons.
You're right. I stand corrected. For some reason I thought they were over this year, but I guess the earliest they would be a repeat offender is after the 2022-2023 season.
The progressive luxury tax is still really brutal, though. Paying 425% once they get $25 million over the threshold isn't sustainable. I don't see them bringing back Butler, Harris AND Reddick.
I don't think they'll be that much over the tax. They'd have two 30%Max and two 25%Max players. The Sixers traded for Harris knowing the future tax implications. They came within a decent backup C of beating Toronto and I think they would have beat the Bucks.
The tax payers for the 2017/18 season were Cavs ($50.7M), Warriors ($32.3M), Thunder ($25.4M), Wizards ($7.0M). 30M or even 50M tax isn't that much to pay for a championship contender.
$50 million in taxes is a lot, but $135 million is nuts.
Starting in 2020-2021, their starting lineup will cost $152 million by itself, with the projected luxury tax at $143 million. That's $9 million over with at least 8 players needed to round out the roster (and you have to believe they won't stop at the roster minimum of 13). And if they're going to go all in, they'll use their mid-level and bi-annual exceptions, too, which adds another $14 million in salary.
Say under that scenario, they end up $30 million over the luxury tax. That means they're paying $173 million in salaries and another $135 million in taxes.
And that's before the repeater tax kicks in in 2022-2023.
How do you get 135M in taxes on 30m above the tax line? My calculation is that it would be 84.5M.
The progressive tax rate is 425% when you're $30 million over the luxury tax.
Its an incremental tax. You don't pay that rate on all 30M. You only pay it on the 5M from 25 to 30.
Refer to http://www.cbafaq.com/salarycap.htm#Q18
For example:
A team with a team salary $12 million over the tax level pays a tax of $21.25 million (the incremental maximum of $7.5 million for $0 to $4,999,999, plus the incremental maximum of $8.75 million for $5 million to $9,999,999, plus $2 million times the incremental rate of $2.50 for $10 million to $14,999,999).
so this has gotten a bit confusing, is there a concrete answer of how much 76ers would pay if they had butler and harris at max and reddick at 10 and embid and simmons at max? the only time i ever heard a 4 max brought up was golden state and i didnt see them considering paying a 5th guy 10 million, (i think iggy would be expiring when the other 4 were full max, but again, it is all confusing)
There are different Max contracts based on years and performance factors. GSW would be dealing with two 35%Max guys and two 30%Max guys. Sixers would be dealing with two 30%Max and two 25%Max guys. That's a big difference (~20M more for GSW). Note that I'm assuming that Simmons gets 25%Max but there is a chance he could get 30%Max.
Also GSW would be dealing with the repeater tax but Sixers wouldn't be. That would bump GSW's rate for each level by $1 (e.g. $2.5 versus $1.5 for the 1st 5M over the tax). With Simmons at 8M next season, they should be able to stay under the tax line next season. If so, they'd become a taxpayer in 2020/21 and would not become a repeater until 2023/24.
How much tax the Sixers would have to pay depends on how much over the tax line they are. In 2020/21 if they are 30M over the tax line as Never Nervous suggests (and assuming I didn't screw up the calculations), they be paying 84.5M in tax. However if they are only 25M over, that would drop to 63.75M. If they are only 20M over, it would drop to 45M.
There's also the question of whether Harris and Butler get 4yr or 5yr Max contracts. If 5yr, the Sixer might be able to get 5% raises rather than 8% which adds up. 39.75M versus 44.5M in the 5th year. There's also the fact that cap and tax lines are just projections. So if the actual cap and tax lines are higher the Sixers would pay less tax and vice versa.
The Sixers offseason is going to be fascinating. Such a high degree of variability for a top team. The could run everything back and be dealing with future tax issues. However they could have only 5 players under contract at ~41M which would give them ~60M in cap space. And Brand a 2nd year GM is going to have to deal with it.
Topic: Thoughts on signing JJ reddick? (Read 3827 times)