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Messages - Interpaga
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51
« on: April 22, 2024, 08:02:30 AM »
Several significant changes have been made recently to CCD to promote the competitiveness and the balance of the league as well as the activity and engagement of the members:
- Removal of new cash exchanges
- All seasons salary cap compliance
- Launch of the in-season tournament with a format that favors rebuilding teams
- Creation of a dedicated league chat
- Advancement of the contract renewal deadline before the playoffs (season 2024/25)
- Limit to the number of players with cash exchanges (season 2025/26)
Also thanks to some of these changes, several top teams are approaching the salary cap limit and will face challenges in improving their rosters due to the reduced flexibility imposed by the restrictions. This opens up opportunities for other teams to bridge the gap and compete for championships, as some teams already demonstrated last season. Anyway it will take some time for some changes to have full effect and for some teams to rebuild.
We remain committed to continuously improving the quality and competitiveness of the league. We welcome and encourage any feedback, suggestions, or proposals, such as those from jimw, that can make CCD better and further enhance the league experience for all members
52
« on: April 22, 2024, 05:21:49 AM »
I am sorry that the cash bonus proposal did not receive a positive reception.
While I would not recommend using it for a rebuilding team, some playoff teams might find it beneficial to offset potential salary discrepancies caused by existing cash exchanges during the upcoming season. Therefore, if at least 5 owners support the proposal, we will move forward with it (any team in favor of the proposal can post here or use the poll to vote, only owners with no salary paid on their balance sheet can vote). Otherwise, the proposal will not be implemented.
Regarding the 2025/26 limitation on number of players with salary paid, this rule will go into effect in the 2025/26 season without the need for further approval.
53
« on: April 20, 2024, 08:25:18 PM »
When we decided to eliminate new cash exchanges starting from 2024/25 season, it was also established that existing cash exchanges will not be touched.
Therefore we will not impose new rules to penalize teams that currently have positive cash exchanges on their balance sheet.
However, to further reduce the impact of previously agreed cash exchanges, we propose the following two solutions:
- in the 2025/26 season, each team will not be able to have more than one player with paid salary. It should be noted that in the 2025/26 season only 8 players will still have salaries paid and the highest payment will be $7.5m;
- in the upcoming 2024/25 season and only for this season, a cash bonus* will be introduced for teams that have no salaries paid in cash or a net salary payment amount of less than $1m.
*Cash bonus details. Teams that have no salaries paid in cash or a net salary payment amount of less than $1m in 2024/25 can apply for a 2024/25 cash bonus of up to $10 million in exchange for picks. The picks collected would then go to a pool for open teams to favor new owners and help rebuild these teams. The deadline to apply for the bonus is 6/30/24.
Cash bonus table:
- 10mn. A first round pick 2024
- 9mm. A first round pick 2025
- 8mn. A first round pick 2026.
- 3mn. A second round pick 2024
- 2.5mn. A second round pick 2025
- 2mn. A second round pick 2026.
For each team, the total 2024/25 cash bonus cannot exceed $10mn and no more than 2 second round picks can be moved
54
« on: April 20, 2024, 08:16:40 PM »
Rhino will replace indiansnation as CCD moderator.
Thank you indiansnation for your work and welcome Rhino!
Rhino, together with the other moderator indianabuc and me, will form the CCD Committee, which will be responsible for discussing and making some key decisions for the league
55
« on: April 18, 2024, 08:12:10 PM »
Last year we made the important decision to prohibit new cash exchanges starting this offseason, but there has never been a ruling on canceling existing cash exchanges. A transition year is normal for the effects of an important old rule to be phased out; then next year, previously agreed cash exchanges will go near zero.
I am confident that the effects of the old rule on the upcoming season will be limited in any case, also thanks to the all-seasons cap compliance rule as described in my previous post.
I do not think it would be fair to introduce now a rule to immediately penalize teams that have salaries paid in their balance sheet. Cash exchanges were allowed to the entire league and teams that received salary payments operated within the rules and usually spent assets in exchange for cash received.
I would rather consider introducing a cash bonus for this season only, available exclusively to teams without paid salaries in their balance sheet.
In essence, these teams could apply for a cash bonus of up to $10 million in exchange for picks (for example, $3 million for a second-round pick and $10 million for a first-round pick). The picks would then go to open teams to favor new owners and help rebuild these teams.
This would address jimw's request to accelerate the transition (it's a kind of cap premium) and at the same time avoid disputes with managers with paid salaries who could argue that cash exchanges have cost them picks or players.
If a similar proposal gains support, we can consider it
56
« on: April 17, 2024, 12:47:05 PM »
57
« on: April 17, 2024, 12:03:44 PM »
It is true that a team in 2025/26 could be able to continue to benefit from expensive players previously acquired through cash exchanges, but, if the salaries paid disappear, this same team will have to have the ability to maintain these players while remaining under the salary cap without subsidies, otherwise it will have to sell assets. And it is important to note that obtaining a salary paid has generally had a cost (in terms of players or picks) for those who have benefited from it.
Surely the effects of what has happened so far in the league will also be felt in 2025/26, but I believe that more than to the old cash exchanges going forward, this will be due to the high activity that some teams have had since the start of the league. For this reason, I believe it is key for the league to increase further the engagement and activity of the participants.
Regarding a possible cap premium, first of all, some teams with paid salaries could feel penalized since the cash exchange typically came at a cost (players, picks). Even assuming that no team disputes the cap premium, what is the fair level of the premium?
A premium of $17m is undoubtedly high, it would create an enormous amount of cap space for all teams with difficult to predict consequences and above all, by opening up new cap space, it could benefit the most active owners which are often also those with the best teams (at the moment some of the teams are constrained because they are close to the cap). On the other side, an arbitrary premium of $3-5mn for teams without paid salaries would in my opinion remain subject to criticism without helping the teams that would benefit from it much
58
« on: April 17, 2024, 08:42:45 AM »
If my calculations are correct, the overall impact of previously agreed cash exchanges on 2024/25 should be relatively limited. There is only one team with around $17mn of net total paid salaries and two teams with around $12-13mn of net paid salaries, all the other teams have less than $10m paid on a net basis.
Then in the 2025/26 season previously agreed cash exchanges will go close to zero, so the impact of the old rule will become almost null.
Please also consider that, according to the rules, each team must be salary cap compliant for all seasons and stay always under the cap also in the subsequent years, so the almost full wipe out of cash exchanges in 2025/26 will have some impact also on the upcoming season. To make this impact even stronger, in the upcoming 2024/25 season, we plan to move the deadline to extend a player (and pick up team option) before the end of regular season, so basically a team will need to re-sign an expiring contract before the playoffs (and obviously will need to have cap space to do it), otherwise the player will become a UFA in the offseason.
I cannot cancel unilaterally previously agreed cash exchanges, because cash exchanges were within the previous rules and managers who gained cap usually had to gave more assets to make that happen.
On the other side, a cap 'premium' for teams without cash exchanges on their balance would be too hard to quantify
59
« on: April 16, 2024, 03:49:03 AM »
Important information.
The estimated real NBA salary cap for 2024/25 has been revised down to $141m.
Therefore according to the rules (for 2024/25 season, salary cap will be increased by 50% of difference between starting CCD salary cap and 2024-25 real NBA salary cap), at the moment the estimated CCD salary cap for 2024/25 is $125.5m (revised down from $130m).
The spreadsheet has been updated and all the teams will have to stay under the new estimated cap.
Please note however that the 2024/25 CCD salary cap will be official only when the 2024/25 real NBA salary cap will be confirmed
60
« on: April 15, 2024, 12:14:28 AM »
The closing date of the poll has been deliberately left flexible because there are owners who do not connect frequently to ProFSL and therefore more time is needed to collect all the responses. Anyway in the 04/10 post, a confirmation is kindly requested by 04/14.
In any case, if someone needs more time to decide, we can easily accommodate the request, but it is important for the LM and moderators to know the intentions of the various participants and to understand in particular who does not intend to return, in order to have time to find a good replacement
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