3 Way Deal Between Bulls, Portland and Utah?

[Who]

It's so Utah can re-sign Paul Millsap without having to pay almost $100 million in salaries next year. That's the financial benefit -- saves almost $25mil if they don't take back salaries.

Considering their salaries are currently at $65MM, are they going to pay Paul Milsap $35MM a year?

They sign Milsap, they are basically a few million over the cap, which means they can take BOTH Thomas and Outlaw without any worries.

http://hoopshype.com/salaries/utah.htm

Utah has a little under $75 million in salaries, which places them well over the luxury tax threshold. This is prior to signing Paul Millsap, which will likely take close to $10 million, bringing Utah near the $85 million mark.

Therefore, moving Boozer's $12.66 million would save the Jazz around $25 million next season after considering the luxury tax savings.

[dang] ESPN Trade Checker.  I thought they'd put qualifying offers and rookie salaries into the cap equation.  Apologize for the tone, but the $100 MM is hyperbole.  That said, the $25MM number is true.

Technically, that number has Milsap's qualifying offer of $1MM is in the $ and his first year salary will not be in the $10MM range.

IMO, Steve Blake would be more likely to be involved in the deal than Outlaw.

The $100 million figure is after luxury tax.

$75 million plus $10 million for Millsap, equals $85 million, which after luxury tax payments would become $100 million. It'll be a bit under that, but that's the ball park figure.

[timepiece33]

The $100 million figure is after luxury tax.

$75 million plus $10 million for Millsap, equals $85 million, which after luxury tax payments would become $100 million. It'll be a bit under that, but that's the ball park figure.

$75MM plus $7MM (his first year contract is likely to be only around $8M and they already have $1M in that $75MM number) ... is equal to $82MM.  It will be $93M.

Maybe it is the fact that I'm in op planning mode right now, but $7M is not ballpark to me

[Who]

The $100 million figure is after luxury tax.

$75 million plus $10 million for Millsap, equals $85 million, which after luxury tax payments would become $100 million. It'll be a bit under that, but that's the ball park figure.

$75MM plus $7MM (his first year contract is likely to be only around $8M and they already have $1M in that $75MM number) ... is equal to $82MM.  It will be $93M.

Maybe it is the fact that I'm in op planning mode right now, but $7M is not ballpark to me

Haha ... yeah, quite possibly ...

I have Millsap earning more than you do -- started half the season, averaged 16ppg and 10rpg while playing starters minutes, plus played good defense, and posted the most consecutive double-doubles since 2005 (KG) -- I think the baseline for his next contract will be up around $50 million over five years, which would have him earning around $8.5 million next season. I think he'd be doing quite badly for himself if he failed to get a contract like that. I also think there's a fair chance he gets more than that.

I also have a few extra million on the Jazz's payroll for empty roster spots which got me to $75mil in the first place (not including Millsap). That brings me to be between $83.5-to-$85 million depending on where Millsap's contract ends up, which goes up to $97-100 million after luxury tax payments.