Lakers Sign Quincy Olivari To Exhibit 10 Deal, What It Means And Why Now? The Lakers have signed guard Quincy Olivari to an Exhibit 10 deal, Trevor Lane breaks down what the deal means
Good time to also remind folks that we’ve maxed out our opening night roster spots already. We already got 15 guaranteed contracts on the main roster and 3 2way players signed. As a result, any exhibit 9/10 player is at best a roster add if we waive /stretch any of our 15 guaranteed guys to have a dead cap hit applied to our cap/tax sheet and officially go above the 2nd Apron line, which could be problematic if we ever trigger it (ie aggregation trade of any sort, trading away cash and/or our ‘31 FRP, etc) during the season.
We are currently 45k away from the 2nd Apron, so having a vet min dead cap hit + adding another vet min deal to the books, has us roughly 2m above the 2nd Apron and paying an additional 8.5m in taxes bringing our projected total tax bill to 65m+.
So is this guy or any training camp fodder worth roughly 4m in salary (both active & dead cap) & 17m in additional associated taxes? (Cause that’s how’s management will see it.)
It’s most likely that once training camp concludes, we see these guys on the South Bay roster if they remain associated to the Lakers in any way. _________________ Not familiar with the salary cap/CBA rules & how it impacts our Lakers?
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Good time to also remind folks that we’ve maxed out our opening night roster spots already. We already got 15 guaranteed contracts on the main roster and 3 2way players signed. As a result, any exhibit 9/10 player is at best a roster add if we waive /stretch any of our 15 guaranteed guys to have a dead cap hit applied to our cap/tax sheet and officially go above the 2nd Apron line, which could be problematic if we ever trigger it (ie aggregation trade of any sort, trading away cash and/or our ‘31 FRP, etc) during the season.
We are currently 45k away from the 2nd Apron, so having a vet min dead cap hit + adding another vet min deal to the books, has us roughly 2m above the 2nd Apron and paying an additional 8.5m in taxes bringing our projected total tax bill to 65m+.
So is this guy or any training camp fodder worth roughly 4m in salary (both active & dead cap) & 17m in additional associated taxes? (Cause that’s how’s management will see it.)
It’s most likely that once training camp concludes, we see these guys on the South Bay roster if they remain associated to the Lakers in any way.
Sending your resume to Rob, so you can show him what time it is! We need you to help him out.
Good time to also remind folks that we’ve maxed out our opening night roster spots already. We already got 15 guaranteed contracts on the main roster and 3 2way players signed. As a result, any exhibit 9/10 player is at best a roster add if we waive /stretch any of our 15 guaranteed guys to have a dead cap hit applied to our cap/tax sheet and officially go above the 2nd Apron line, which could be problematic if we ever trigger it (ie aggregation trade of any sort, trading away cash and/or our ‘31 FRP, etc) during the season.
We are currently 45k away from the 2nd Apron, so having a vet min dead cap hit + adding another vet min deal to the books, has us roughly 2m above the 2nd Apron and paying an additional 8.5m in taxes bringing our projected total tax bill to 65m+.
So is this guy or any training camp fodder worth roughly 4m in salary (both active & dead cap) & 17m in additional associated taxes? (Cause that’s how’s management will see it.)
It’s most likely that once training camp concludes, we see these guys on the South Bay roster if they remain associated to the Lakers in any way.
Very true. Looks like Rob has tried to make some small trade occur that would
somehow help but apparently nothing of value that is viable. Fantasy
trades aside. _________________ Lakers need to build a freaking team !
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