With Dwight Howard in tow, the Lakers are facing a huge luxury tax hit (Ball Don’t Lie)

 LA Lakers  No Responses »
Aug 142012
 

Only the strongest haters had much bad to say about the Los Angeles Lakers’ trade for Dwight Howard . It’s the kind of deal that pretty much instantaneously vaults a good playoff team to the ranks of the NBA’s few legitimate title contenders. (Though, you know, they still have to figure a lot out .)
Still, not everything is a world of puppy dogs and ice cream for L.A.’s preeminent franchise. Due to Howard’s $19.26 million salary for 2012-13 and the increases he’d see should he sign an extension next summer (which seems likely), the Lakers are facing a very large luxury tax payment in future seasons. Cap guru Larry Coon emailed Henry Abbott of TrueHoop with an explanation :

Marco Belinelli to Bulls: Guard Adds Necessary Element to Chicago Rotation

 Chicago  No Responses »
Jul 232012
 

By the time I’m done writing this, Marco Belinelli may be on his way to Chicago to don his new threads. According to CSN Chicago’s Sam Aggrey the Bulls have finalized a deal with the Italian guard.

Source confirms Marco Bellinelli’s deal with the Bulls is done. Also: Bulls attempting to sign summer-leaguer Malcolm Thomas to 1-year deal.

— Aggrey Sam (@CSNBullsInsider) July 23, 2012

Ignore the second part of that tweet for now. Well, if you’re a Chicago fan, don’t ignore it, but let’s focus on Belinelli.

ESPN Chicago reported before the deal that Belinelli was expected to sign for the bi-annual exception. That comes to just less than $2 million. The report then defers to ESPN salary cap expert Larry Coon, and he sheds some light on Chicago’s overall situation.

By using the bi-annual exception, the Bulls hard cap themselves at $74 million for the season. As ESPN salary cap expert Larry Coon has stated, the hard cap may preclude the Bulls from making any major in-season acquisitions. They will have to add minimum salaried players to fill out the roster.

That may seem scary to Chicago faithful, but Belinelli is a very good option at this point. The free agent market is mostly dried up, and the Bulls desperately need to add firepower to their rotation. Granted, as the report says, they did officially bring Kirk Hinrich into the fold, but a real contender can never have enough perimeter shooters. 

The Bulls already moved their most pure shooter from last season when they sent Kyle Korver to Atlanta in a three-way deal that also included Minnesota. For a team without their best offensive player (Derrick Rose) for at least a portion of the season, signing a capable scorer in the backcourt is absolutely necessary to their success next season.

Belinelli has played for three different teams in his five-year NBA career. He averaged 8.9 points per game for his career, and he shoots 39 percent from beyond the arc.

Neither one of those figures will change games, but he can spread the floor. This will allow Carlos Boozer, Taj Gibson and Joakim Noah to work on the interior. 

The Bulls are still going to win games on the defensive end of the floor. Outside of Rose, they simply don’t have a go-to option on offense, and that includes Rip Hamilton as their starting shooting guard. Belinelli won’t change what we already know about Chicago, but he could make the harsh truth about their offense easier to face. 

If the Bulls want to contend with Miami next season, they will have to find a way to put the ball in the basket. It’s going to require a team effort, and that means Tom Thibodeau will need plenty of dangerous shooters. 

No one will ever mistake Belinelli for a star, but he’s Chicago’s best possible option at this point in the rat race that we like to call NBA free agency.

Read more Chicago Bulls news on BleacherReport.com

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Larry Coon: Dwight Howard’s contract options

 Rumors  No Responses »
Mar 152012
 

As Dwight Howard and the Magic play out the end game of the trade deadline, they are charting a course through the eight different options the collective bargaining agreement creates:

Howard can play out the season with the Magic, become a free agent, and re-sign with the team for five years. This would give him a total of $109,229,064 through 2016-17. But the Magic don’t appear to be open to this option — they’d rather trade him now than risk losing him as a free agent this summer.

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Brandon Roy’s waiting game

 Rumors  No Responses »
Dec 042011
 

On the Oregonian’s website, Jason Quick writes:
If the Blazers waive Roy, it will put them under the luxury tax threshold, likely saving owner Paul Allen more than $25 million in taxes this season.
I was all set to write a post about no matter how much you like Brandon Roy, nobody can afford any NBA player with that kind of surcharge.

But I ran the numbers by Larry Coon who explains that this year, Roy will likely be fairly cheap in terms of the tax — because the new punitive luxury tax won’t kick in yet.

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