Albert Nahmad
@AlbertNahmad
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NBA Salary Cap enthusiast. Lover of creativity, and simplifying complexity for the benefit of everyone.
Miami, FL
Joined February 2014
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Chris Bosh will be paid the $52.1M left on his contract in 120 twice-monthly installments of $434,393 – staring 11/15/17 and ending 11/1/22.
110
3K
3K
OKC 1sts:
2020 Own (1-20)
2020 DEN (11-30)
2021 Own (HOU 5-30 swap right)
2021 MIA (HOU 5-30 swap right)
2022 Own (1-14)
2022 LAC
2023 Own (LAC swap right)
2023 MIA (15-30)
2024 Own
2024 LAC
2024 HOU (5-30)
2025 Own (LAC and HOU 21-30 swap right)
2026 Own
2026 LAC
2026 HOU (5-30)
162
1K
3K
OKC 1st-round picks:
- 2020 Own (1-20 only)
- 2020 DEN (protections TBD)
- 2021 Own
- 2021 MIA
- 2022 LAC
- 2022 Own (1-14 only)
- 2023 Own (with LAC swap right)
- 2023 MIA (lotto protected)
- 2024 Own
- 2024 LAC
- 2025 Own (with LAC swap right)
- 2026 Own
- 2026 LAC
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3K
Reminder: The Thunder acquired 7 first-round picks, 4 first-round pick swaps, Shai Gilgeous-Alexander, and Danilo Gallinari… and dumped $47M in 2022-23 salary… by trading Westbrook to the Rockets and Paul George to the Clippers.
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Updated list of teams with more than $10M of cap room remaining:
- LAC: $32M
- LAL: $32M
- DAL: $23M
- ATL: $14M
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Stephen Curry is, at this moment, the most accurate free throw shooter in NBA history (90.4%).
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.
@wojespn
is not referring to Lakers clearing Mo Wagner, Isaac Bonga and Jemerrio Jones. He’s referring to adding them to the Anthony Davis trade so they can execute it as an over-cap team, and sending the three players to a third team. That’s what gets Lakers to $32M cap room.
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This is absolutely brilliant work by the Miami Heat… They drop from $6.3M to just $1.2M over the tax line ($8.0M savings), and put themselves in striking distance of avoiding it altogether, for 2018-19; and turn a $19.2M player option into a $15.6M partial guarantee for 2019-20.
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Think about the vision that created this Heat team… Draft Bam mid-round. Shock us with Kelly. Sign DJJ mid-season. Turn 0 picks into Duncan. Snag Nunn last day. Draft Tyler mid-round. Acquire Jimmy+Meyers from thin air. (Get some Goran luck.) Grab Iggy+Jae... And plan for '21...
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Suns, by trading DeAnthony Melton and Josh Jackson to the Grizzlies in exchange for Kyle Korver and Jevon Carter, will likely waive Korver and thus create the cap room necessary to retain Kelly Oubre’s $9.6M qualifying offer (and thus re-sign him).
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Big development in Lakers attempt to pair LeBron James and Anthony Davis with $32M+ cap room: NOP will apparently allow LAL to expand 7/6 trade to include 3rd team. (NOP could be improving competitor, but only direct impact would be to lower/eliminate its trade bonus obligation.)
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Heat acquiring Jimmy Butler at $32.7M in exchange for Josh Richardson ($10.1M) to 76ers and Kelly Olynyk ($12.7M) and Derrick Jones ($1.7M) to Mavs would still not be enough for MIA to trade-match. Jones would need to be guaranteed, and something else needs to happen. Stay tuned.
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Chris Bosh confirmed on Bill Simmons’ podcast that he'll no longer pursue an NBA comeback. Heat will lock in the last of their insurance payout at the end of this season, though they’ll keep paying him a gross amount of $434,393 twice a month until Nov. 1, 2022.
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If Celtics can (i) convince Nets to take in Kyrie Irving via S&T and (ii) convince a suitor to take Terry Rozier into room via S&T, they could potentially acquire Kemba Walker at $32.7M max in a 3-team trade AND keep free agent rights to everyone (Al Horford, Marcus Morris, etc).
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Duncan Robinson needs more national attention. With 240 3-points (a 308 pace) on 45.3% shooting, he’s putting together one of the best shooting seasons in NBA history!
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Read this. Right now. (Or just give it a like, to make me feel good.)
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In case you were wondering, one NBA team can hold up to 123 first-round picks (and 87 first-round pick swap rights) at any given time.
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Here’s what a potential Damian Lillard 4-year, $196M super-max extension would look like:
2021-22 (age 31): $43.75M
2022-23 (age 32): $47.25M
2023-24 (age 33): $50.75M
2024-25 (age 34): $54.25M
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The Heat knew that Bam Adebayo would be offered a max extension. They knew the implications if he took it… They prepared for this possibility brilliantly. They maximized their flexibility, and preserved their weapons, for next summer.
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2019-20 Figures:
Salary Cap: $109.140M
Luxury Tax: $132.627M
Apron: $138.928M
Max (25%): $27.285M
Max (30%): $32.742M
Max (35%): $38.199M
NT-MLE: $9.258M
T-MLE: $5.718M
R-MLE: $4.767M
BAE: $3.623M
Trade Cash: $5.617M
Early Bird: $9.6054M
Est. Avg. Salary: $9.560M
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Serge Ibaka’s 3-game suspension will cost him $448K, and save the Raptors $560K in luxury taxes. Marquese Chriss’ 1-game suspension will cost him $22K.
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Bucks, despite losing Malcolm Brogdon (and a $10M TPE), were able to re-sign Khris Middleton, Brook Lopez and George Hill; add Robin Lopez, Wesley Mathews and Kyle Korver; and gain 3 future picks (1 1st + 2 2nds). They’re now a comfortable $5.5M below the tax line to 14 players.
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Goran Dragic and Meyers Leonard will both have implicit no trade clauses with the Heat next season.
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Chris Bosh’s contract would’ve officially expired today.
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For Heat to acquire Jimmy Butler at his $32.7M max, they are $1.7M short on the trade match. That could mean not only Josh Richardson, Kelly Olynyk and Derrick Jones, but also TWO of Duncan Robinson, Yante Maten and Kendrick Nunn. Unless Butler takes less than his max 😀.
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Teams that can create more than $5M of cap room:
Bulls: $26M (assumes RFAs retained; otherwise $38M)
Hawks: $24M
Kings: $19M
76ers: $14M
Pacers: $12M (or $15M with Al Jefferson stretch)
Nets: $7M (plus Dwight Howard buyout)
Lakers: $6M
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The Anthony Davis trade will be completed July 6, per
@wojespn
. Lakers cap room will depend upon whether Anthony Davis takes his $4.1M trade bonus. If so, they’d have up to $23.7M. If not, they’d have up to $27.7M (enough for a 25% max).
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Raptors perhaps view trading DeMar Derozan as less risky than it would appear. If Kawhi Leonard re-signs next summer, great. If not, it cleans up the cap sheet of a heavy luxury tax team that may not have been able to compete against the Celtics/Sixers anyway.
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Raptors will now officially send their 2019 first-round pick to the Spurs, as part of the Kawhi Leonard trade last summer. Toronto won’t have a first-round pick. San Antonio will have two (including their own).
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Heat Summer 2021 Update: Subtracting Winslow ($13M TO) and adding Iguodala (~$15M TO) takes Miami's projected max cap room (if they optimize Nunn/Robinson cap holds) to $36M+ (with likely ability to reach $37.5M req'd for 30% max). And if they decline Iguodala's TO, it’s $50M+!
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Duncan Robinson:
- Shot 28.6% from 3 last season
- Shot 33.9% from 3 in summer league
- Shot 28.2% from 3 in the preseason
He’s now shooting a ridiculous 44.9% this season. While breaking the Heat’s all-time record with 233 conversions. With another 19 games to go.
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If I'm the Warriors, I’m angered by Patrick McCaw situation. Cavs gave him a big non-guaranteed offer sheet they knew GSW couldn’t match, only to waive him a few days later. Net effect is to take a player under GSW control (and for whom they real money), and instead make him UFA.
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Nets/Warriors double S&T was perhaps my favorite transaction this summer... If I’m correct, Nets squeezed ~$80M in contract value from $69M cap room, with Kyrie Irving needing <$1M discount, Kevin Durant needing no discount at all, and DeAndre Jordan room created from thin air.
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Moratorium is over. NBA trades and free agent signings can now be officially executed.
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Andrew Bogut has officially signed with the Warriors. He’ll make $487K for the rest of the season, and cost the Warriors $308K in salary (net) and another $1.2M in luxury taxes. Golden State’s tax bill is now at $51.5M.
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Rumors MIA may not extend Bam Adebayo this summer are true. They’re also obvious. If they extend, his 2021 salary reduces cap room. If not, only his $15M cap hold eats up room; then, AFTER signing Giannis (!), Bam could get exact same amount. It’s all timing… This is not news!
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It's interesting... The Oladipo and Dedmon agreements were announced within 25 minutes of each other. The only announcement since was Martin getting T-MLE money. So what happened that they couldn’t initially foresee that caused the need to renegotiate with Oladipo?
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OKC played off LAC and TOR, and extracted just about everything possible… LAC had 9 first-round picks over next 7 years before Paul George trade. Absolute max OKC could’ve gotten was 6 1sts + 3 swaps. They got 5 1sts + 2 swaps. Plus Danilo Gallinari and Shai Gilgeous-Alexander.
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DeMarcus Cousins tore his Achilles; that’s a devastating injury. He won’t be ready until February; that made it worse. Then he entered a tough free agency market… Warriors took a shot... They can afford to be very patient. They can afford for it not to work out. But if it does…
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Please don't copy my work without providing proper credit.
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Kevin Durant’s two-year contract will pay out $30.0M in 2018-19, plus a $31.5M player option for 2019-20. That’s $5.7M less than his $35.7M max for this season. His $25.0M salary from 2017-18 was $9.7M less than the max. He's made a $15.3M total sacrifice over those two years.
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Heat have two issues with the Jimmy Butler trade: hard cap, and salary-matching (which, if Butler takes the $32.7M max, would require Heat to send out $26.1M, and Josh Richardson makes $10.1M). The Hassan Whiteside trade solves the hard cap issue. Salary-match issue still TBD.
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Dwyane Wade’s contract expires today. If it’s his last one, he will have earned $199.8 million over the course of his NBA career.
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Anthony Davis trade can’t be executed til 7/6.
If executed 7/6, LAL can get $27.7M cap room if AD waives $4.1M trade bonus; enough for 25% max (e.g. DLo).
If executed after 7/30, LAL can get $32.5M cap room (and AD could keep his bonus); 30% max range (e.g., Kemba, Kawhi, etc).
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Kendrick Nunn is a force! But best part for Heat fans? He has just a $1.4M salary ($300K guaranteed) this season, $1.7M (non-guaranteed) in 2020-21, and Heat can then make him full Bird RFA (at cap hold of $2.1M or, if he meets starter criteria, $4.7M, for key summer of 2021).
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Knicks are taking a big risk… But, if it works out, they could add a 7-9 vet max (like Kyrie Irving), 10+ vet max (like Kevin Durant) and high 1st-round pick (like Zion Williamson). Plus Dennis Smith, Frank Ntilikina, Kevin Knox, Mitchell Robinson, 5 1sts over next 3 years, etc.
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Karl-Anthony Towns has lots at stake amid Wolves’ basketball ops revamp. He needs to make All-NBA to collect the full $190M on his 5-year extension. If not, it’s $158M... If Anthony Davis and Joel Embiid grab two spots, he’d be battling Nikola Jokic, Nikola Vucevic, etc. for one.
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BOS, by the way, is in a different situation with Gordon Hayward than was DEN with Jeremi Grant. As
@keithsmithNBA
has been describing, if they can get CHA to take him via S&T, they get a trade exception for his FULL salary. That’s $28M+.
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The Bulls will create a $15.3M trade exception in the Jimmy Butler deal.
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Heat fans can now stop hypothesizing about Bradley Beal trade scenarios (he can’t be traded for six months anyway), and focus their attention squarely on the emergence of Tyler Herro!
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Celtics can’t officially sign Tristian Thompson until the Gordon Hayward situation is settled. They’ll be hard-capped once they do, which would prevent the signing portion of a potential S&T.
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Kawhi Leonard is obligated by Sec 10(c) of his contract to report to Raptors within one week. If doesn’t, w/o reasonable excuse, he’d be subject to discipline by (i) Raptors (or, if trade voided, Spurs) and (ii) NBA, for conduct prejudicial to NBA under Art 35(d) of Constitution.
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Heat started summer over tax and seemingly unable to do much but hope for a star in 2021... Instead, they traded for Butler/Leonard, drafted Herro, signed UFAs Nunn/Robinson/Silva... Suddenly, they’re really good right now, and building a core that can actually attract a star.
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Jimmy Butler takes over in the clutch, to lead the Heat to victory. Which is exactly what the Heat traded for this summer.
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I don’t understand how the Mavs and Heat could’ve gotten confused on whether Goran Dragic or Kelly Olynyk and Derrick Jones were part of the trade. The latter is illegal in two distinct ways – it’s not a proper trade-match, and it would put the Heat over the hard cap.
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Heat strategically prepared for Bam Adebayo’s extension by adding team option to the contracts of Dragic ($19M), Iguodala ($15M), Leonard ($10M) and Bradley ($6M). In a pursuit of Giannis, Heat would now likely remain over-cap, potentially using exercised options to trade-match.
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Heat trade away Tyler Johnson and Wayne Ellington. Ellington gets waived. Pistons sign him, and use him to knock the Heat right out of the playoffs. Heat get lottery luck and get the No. 1 overall pick in the 2019 NBA Draft. Sound good?
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Warriors would create a $30.0M trade exception if they can convince the Nets to acquire Kevin Durant through a sign-and-trade rather than a straight free agent signing.
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Dwyane Wade has been offered 3 years, $25M to play with Zhejiang Golden Bulls in China (per
@Sportando
). Heat, operating above tax, can offer up to $5.3M with T-MLE (1-3 yrs) or between $2.4M (min) and $2.9M with Non-Bird (1-3 yrs). He’s made $197M during his 15-year NBA career.
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If the Heat acquire an unprotected 2025 first-round pick as part of the Damian Lillard trade (perhaps from a 3rd team for Tyler Herro), they'd increase the max # of their own tradable 1sts from 2 to 4: 2024, 2025/2026 (the one OKC doesn’t get), 2028, and 2030.
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Chris Paul’s two-game suspension will cost him $491,781. Rockets won’t save that money, as it will get diverted to charity. But half of that amount, $245,891, will be excluded from their team salary, which will result in projected luxury tax savings of $430,309.
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Heat will trade Hassan Whiteside ($27.1M) to Blazers, in exchange for Meyers Leonard ($11.3M) and Maurice Harkless ($11.0M). Heat will generate a $4.8M trade exception, and save $4.8M in salary (plus add another player, which could effectively save more). Big help vs. hard cap.
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Danuel House Jr. declined a 3-year, $4.2M minimum-salary contract offer from Rockets last January. It was a wise choice, in the face of adversity. He replaced it with $11.4M over 4 years ($279K in 18-19, plus a new 3/$11.2M). That’s a life-changing difference for the 26-year old!
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Mavs had to waive Salah Mejri to create the necessary roster spot to complete the trade of Harrison Barnes for Justin Jackson and Zach Randolph. Three days later, they re-signed him. Mejri pocketed an extra $531K for his trouble.
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Hell yeah! Nailed it!!!!
So, just for fun, here’s the hypothetical scenario I’m pushing: A 3-team trade, involving 3 S&T’d players: (i) Kyrie Irving to Nets (at the $32.7M max), (ii) Terry Rozier to the Hornets (at $12M+), and (iii) Kemba Walkers to the Celtics (at the $32.7M max). 😀
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Rockets have locked in Russell Westbrook, James Harden, Eric Gordon and Clint Capela for 4 years (plus Danuel House for 3 years, and PJ Tucker for 2 years), and have done so while avoiding the luxury tax in 2019-20 and positioning themselves to be able to do so again in 2020-21.
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If the Pelicans choose to fold their Anthony Davis trade with the Lakers and their trade of Solomon Hill with the Hawks into one, they can create a $27.1M trade exception, which they could bypass in favor of $30M+ cap room.
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If Heat approach Wizards about trading for Bradley Beal, WAS may want to attach John Wall… To acquire both ($65M), MIA needs to send out $70M+. To do that, 5 of these 6 need to be included: Goran Dragic, James Johnson, Justise Winslow, Kelly Olynyk, Dion Waiters, Meyers Leonard.
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Cavs interest in re-signing Patrick McCaw isn't technically illegal, but it feels like circumvention – signing him to big non-guaranteed offer sheet they seemingly had no intention to keep b/c they knew GSW couldn’t match it, then going after him with contract GSW may’ve matched.
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Longest current winning streak in the NBA: Miami Heat, 5 games.
They’re just 27th in the NBA in shooting during the past 5 games (42.5%). But they’re 1st in opponent paint points (33.6) and 2nd in defending 3-pointers (30.5%).
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Conspiracy Theory: Gordon Hayward’s 4-year, $120M contract starts at $28.5M. It could’ve started from $27.9M to $32.4M. Do you think CHA intentionally held it down so BOS’s trade exception (they can acquire a salary up to $28.6M) wouldn’t be enough for Bradley Beal ($28.7M)?
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NBA revenues are split 51% to players / 49% to teams. Salary cap is designed to protect that split. Luxury tax is designed to level the playing field... The other 190K words in the CBA are just the NBA showing off.
I need someone to explain the NBA salary cap system asap.
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Holy crap!
The number I was estimating the NBA used for projected BRI to set the 2019-20 salary cap: $8.034 billion
The number the NBA actually used to set the 2019-20 salary cap: $8.034 billion
(I’m not making this up. I have time-stamped models to prove it!)
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OKC, by trading Jerami Grant to DEN: (i) saves $35M ($9M salary, plus $26M tax), (ii) drops to just $2M over the tax line to 13 players (need to add one more), putting itself in striking distance to avoid the repeater tax altogether, and (iii) generates a $9.3M trade exception.
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Heat, by taking in Jimmy Butler ($32.7M) in exchange for Josh Richardson ($10.1M) and Goran Dragic ($19.2M), and assuming they waive-and-stretch Ryan Anderson ($5.2M for 3 years), would have $133.6M to 12 players; that’s $5.3M below the hard cap. They may not be done dealing.
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Unless the Heat make another move, they can’t complete the Jimmy Butler S&T without first waiving-and-stretching Ryan Anderson.
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Clippers will officially send their 2019 first-round draft pick to the Celtics (via the Grizzlies, to whom they originally sent it in the Jeff Green trade in Feb. 2016).
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Lakers could get to $32.5M of cap room AND let Anthony Davis accept his full $4.1M trade bonus if they sign the
#4
pick (selected on behalf of Pelicans), use up all their cap room, and operate as an over-the-cap team to make the trade official 30 days after the 1st was signed.
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Here’s what Kyrie Irving means when he says an extension "contractually, financially... just doesn’t make any sense” (per
@ESPNForsberg
):
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On the Miami Heat’s big bet, and the salary cap machinations employed to get it done:
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Udonis Haslem went undrafted from UF in 2002. Worked hard. Has now won 3 NBA titles and earned $58.8M over first 15 years of his NBA career.
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In a 2-team trade for Russell Westbrook, Heat would need to send out at least 3 of these 5 players: Goran Dragic, James Johnson, Justise Winslow, Kelly Olynyk, Dion Waiters. Other assets can certainly be included as negotiated (e.g., Herro, Okpala, Adebayo for MIA; 1sts for OKC).
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Ugh. I'm not doing the math this year. I'm a fan. Just like everyone else...
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Heat would need to send out at least $41.5M for Damian Lillard… Also keep in mind that the $9.5M the Heat sent by trading Victor Oladipo to OKC isn’t yet official, and could theoretically be combined.
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Conspiracy Theory:
Heat signed Jaquez, which means he can’t be traded for 30 days, BUT his salary would now count in a trade.
It just so happens that Herro + Oladipo (to OKC) + Jaquez + Jovic and/or Highsmith is just barely enough to be a trade match for Lillard.😬
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Here’s what Chris Bosh now faces if he ever wants to return to the NBA again (per the rules of the new CBA):
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Kevin Durant’s 1+1 deal would pay him $30.0M next season, and enable him to become a free agent next summer. He’d then be eligible to sign a five-year, project $221M max contract. That would be $251M over the next six years (through age 35).
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The Heat, by the way, have taken over the top spot in the NBA in team 3-point shooting percentage: 38.4%
(Without Duncan Robinson, they’d be 36.3%.)
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Keep in mind: Lakers still have $3.7M in cash available to trade away for 2018-19 (could try to use it to acquire 2nd-round picks in June), and a full $5.6M allotment for 2019-20 (could try to use as an enticement with regard to Jones/Bonga/Wagner in July).
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LeBron James is 34 years old. Anthony Davis has an injury history. These picks and pick swaps extend out six years!
The Pelicans will get the following picks from the Lakers, league sources tell ESPN:
No. 4 pick in 2019
Top-8 protected in 2021, becomes unprotected in ‘22
Unprotected swap in ‘23
Unprotected first in ‘24
Unprotected swap in ‘25
Tremendous haul for David Griffin & the Pelicans.
905
4K
21K
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Forgone salary due to suspension:
- Chris Paul (2 games): $491,781
- Rajon Rondo (3 games): $186,207
- Brandon Ingram (4 games): $158,817
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Why would the Heat slot Maurice Harkless into the NT-MLE rather than the BAE? This is why… Miami now projects to be an over-the-cap team next summer, so, by avoiding using the BAE, they now have it in their arsenal for next season.
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Heat were forced to trade 2023 1st to complete Jimmy Butler trade after Mavs refused to take Goran Dragic ($19M expiring). Instead, DAL gave up 2 2nds to acquire Delon Wright (3/$27M)… Dragic has been awesome for MIA; Wright, who eats $9M of 2021 cap room, barely played for DAL.
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Celtics would acquire Kemba Walker ($32.7M) in a trade-match to BYC-adjusted salaries of Kyrie Irving ($20.1M) and Terry Rozier ($9.0M). Hornets would acquire Rozier ($17.9M) in trade-match to BYC-adjusted salary of Walker ($16.4M). Nets would take Irving ($32.7M) into cap room.
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My estimate from way back when of what the NBA was using for 2020-21 projected BRI: $8.46 billion
What it says in Woj’s article from last night: $8.45 billion
Your friendly tweeter from Miami knows what the hell he’s talking about!
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One good thing about the late start to the 2020-21 NBA season: It gave Max Strus the chance to fully recover from the ACL tear he suffered last December, and now make the Heat’s season opening roster a two-way contract.
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