ProFSL: Pro Fantasy Sports Leagues
Fantasy Leagues => Buckets of Dimes: Transactions => Buckets of Dimes => NBA Leagues => Buckets of Dimes: Completed Transactions => Topic started by: WizKidFromSpace on August 04, 2018, 11:41:07 AM
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I did some hard thinking and decided that rather than spend a 2nd rounder to clear $22 mil in cap space, I'd much rather spend nothing to clear $37.3 mil in cap space. So I'm doing that.
Option 1 buyout on:
Paul Millsap ($29.6 mil, 2 years) = $59.2 mil
Kenneth Faried ($13.5 mil, 1 year)
Wilson Chandler ($12.8 mil, 1 year)
Darrell Arthur ($7.5 mil, 1 year)
Total of $93.3 mil, so 60% is $55.98 mil which we round up to $56 mil. I would like to divide that up as $23.8 mil in 2018 and $32.2 mil in 2019. That leaves me at $62.3 mil for my total cap in 2018 and 2019. Shark in the water boys...
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There actually could be some roundoff error because I did the 60% for the players' contracts added together instead of separate, so it may end up being cheaper or more expensive by a couple $100k.
I'm at work til 10 pm central, but I'll double check the math when I get back if no one wants to do it sooner.
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I did some hard thinking and decided that rather than spend a 2nd rounder to clear $22 mil in cap space, I'd much rather spend nothing to clear $37.3 mil in cap space. So I'm doing that.
Option 1 buyout on:
Paul Millsap ($29.6 mil, 2 years) = $59.2 mil
Kenneth Faried ($13.5 mil, 1 year)
Wilson Chandler ($12.8 mil, 1 year)
Darrell Arthur ($7.5 mil, 1 year)
Total of $93.3 mil, so 60% is $55.98 mil which we round up to $56 mil. I would like to divide that up as $23.8 mil in 2018 and $32.2 mil in 2019. That leaves me at $62.3 mil for my total cap in 2018 and 2019. Shark in the water boys...
For the 1-year guys, you can't split up their buy-out into 2 years, it would have to be all this year.
A buyout may be spread throughout the total number of years a player has remaining on his contract (less years is allowed but never more)
Here is what you could do:
Paul Millsap ($29.6 mil, 2 years)
29.6 x 2 = 59.2 x 60% = $35.5m owed.
You can spread that $35.5m over 2 years, however you want to split it up.
$17.8m each year, or all $35.5m this year, or all $35.5m next year if you wanted. Or some other combination, like $5.5m this year and $30m next year for example.
Kenneth Faried ($13.8 mil, 1 year)
13.8 x 60% = $8.3m owed
1 year contract = it has to be paid out all this year
Wilson Chandler ($12.8 mil, 1 year)
12.8 x 60% = $7.7m owed
1 year contract = it has to be paid out all this year
Darrell Arthur ($7.5 mil, 1 year)
7.5 x 60% = $4.5m owed
1 year contract = it has to be paid out all this year
All in all, owing this year for sure would be:
8.3 + 7.7 + 4.5 = $20.5m
Plus you can split up Millsap's $35.5m between this year and next year however you see fit.
Doing the math, between Faried, Chandler and Arthur you'll save yourself $13.6m in cap space this year.
Then depending on how you break up Millsap's contract, you'll save more.
If you split it up evenly at $17.8m per year, you'd save an extra $11.8m this year, for a total of $25.4m.
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Good so there's no round off error then. All of the $20.5m for the 3 guys plus $3.3m of Millsap in 2018 and $32.2 in 2019. Same as before. I save $39.9 mil in 2018, though. Not sure where you got your number for that.
$63.7mil between all 4 guys in 2018 becomes $23.8 in 2018.
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Good so there's no round off error then. All of the $20.5m for the 3 guys plus $3.3m of Millsap in 2018 and $32.2 in 2019. Same as before. I save $39.9 mil in 2018, though. Not sure where you got your number for that.
$63.7mil between all 4 guys in 2018 becomes $23.8 in 2018.
Yep, you're right.
My number ($25.4m) was based on splitting Millsap evenly ($17.8m cap hit this year).
The way you've split it up with only $3.3m on Millsap in 2018, you get $39.9m in cap space this year.
All good :thumbsup:
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Processed on Fantrax :thumbsup:
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:winner: You're the man.
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Math ain’t my strong suit. Just glad we’re on the same page haha :thumbsup:
:toast:
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spreadsheet updated.