Does Cleveland have a shot at being under the cap next year? It's really just saving tax money going forward, right?
Well, next year it doesn't save them a single penny. But yeah, at least until the cap goes up in 16/17. But they will be aiming to get under the luxury tax number in a couple years to avoid the repeater tax, would be my guess. That number will be much, much higher in 16/17 and an extra $5.25 million would help a lot.
But that's why all the guys they are signing are getting pretty good deals as well.
The only FAs they can sign are their own, so essentially they have to sign their own guys. Minus whoever they trade Haywood for and their $3.5 million exception for taxpayers.
Also, these guys are all going to be signed for 4 and 5 years, and other teams are going to be chasing FAs the next couple years and giving out MONSTER deals, while the Cavs' deals are all using about the $69 million cap number compared to the $86 million other teams will.
Kyrie at 5 years 90 million
Love at 5 years 110 million
LeBron's extension coming without bird rights
Those are all great, great deals considering this new salary cap situation.
I'm not sure how the luxury tax scales, but if it's proportional, the luxury tax will be around $108 million when the cap is $89 million, as opposed to this year when it is $81 million for a $67 million cap.