We probably do. Normally, no, don't pay the Bon Gordon type guys big money, but the soon to come cap increases change everything. The cost of not being a top 10 team by this time next year is huge. Almost every team will be able to sign a max guy. Even us if we sign 2 third rate max guys. If we want to be a top team in the next 3 or 4 years, we need to move now. If we miss out this summer we miss out the next summer and then again the summer after as the cap goes up again.
Its hard to find a way to spend a lot this summer that would be a bad idea. The cap increases will make them underpaid down the road. Obviously I want us to get the best possible players, but I do not want Danny to come home empty handed. Anyone out there that is a clear step above anyone we have right now is probably worth getting. We have so many options...
This....
The cap last season (2014-15) was $63M, and this upcoming season (15-16) is $67m. The year after next season (16-17) it's projected to raise to $89m, which is a $22m increase.
So in 2016-17 the max contract for a player with up to 6 years experience will be around $22m, which is coincidentally the exact same amount as what the cap will be rising by...so that means that EVERY NBA TEAM who is either at or under the cap at the conclusion of the 15-16 season is automatically going to have enough cap space to sign a max contract free agent with up to 6 years experience.
But if a team has enough cap space ($32m) to sign to max contracts this coming year, then by the end of the 15-16 season that cap space will only be enough to get you one max contract free agent...hence the increase of the cap means that any cap space a team has right now, dramatically loses value in one year.
Now another interesting point is that because so many teams are going to have cap space, every young talented player coming off rookie and post-rookie contracts (guys like Monroe and Tobias Harris of today) are basically going to have control of the market, because they will have almost complete freedom to sign with any team they want.
If you are one of these guys, why on earth would you bother signing with a lottery team if you can make the same money playing on a playoff team?
Hence why all the teams that suck one year from now are going to have a LOT of trouble attracting free agents...while all the teams that are already competitive will have free agents knocking at their doors.
For this reason i feel like it makes little sense to hold on to cap space past next season. If there is a player you like, that you feel will make your team significantly more competitive, then you may as well just throw a max contract at them and hope to lock them in for the next 3-4 years at (what will by then be) a discount price.
Even if you Greg Monroe and LaMarcus Aldridge this year, for example, then those two guys will be costing you about $35m combined. By the time the cap jumps comes in 16-17 that will only be 39% of your cap taken up, and when the REAL big rise comes in 17-18 (rumoured to be $108M) that will drop to 32% of the cap.
That's a lot of spare cap space still remaining to add talent during those cap-inflated seasons.
In the grand scheme of things, right now is the perfect time to throw max contracts at any young, talented players that you feel have star potential...even if it means overpaying a little.