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re: Moving to the offseason
Posted on 2/8/24 at 3:10 pm to 50_Tiger
Posted on 2/8/24 at 3:10 pm to 50_Tiger
Why is there an assumption we would decline Trey’s option and give him a contract extension that would kick in next year? Trey’s still going to be on his rookie deal and the extension won’t kick in until the following year when CJ is an expiring at $31 million and can be moved if it comes to that. 
1
Posted on 2/8/24 at 3:10 pm to Pels_Yaz
Trading Kira to stay under the tax was an easy and obvious decision for any franchise. That’s simply smart business and to criticize that makes one look foolish.
PS- OP says the Pels WILL pick up Jose’s option. I get it wasn’t the clearest of messages, but most here read that wrong it seems.
PS- OP says the Pels WILL pick up Jose’s option. I get it wasn’t the clearest of messages, but most here read that wrong it seems.
Posted on 2/8/24 at 3:11 pm to 50_Tiger
I notice you avoided the main part of my question.
If Kira was anything remotely decent, he'd still be on this team.
If Kira was anything remotely decent, he'd still be on this team.
Posted on 2/8/24 at 3:11 pm to 50_Tiger
quote:
50_Tiger
You are basing your "they've never paid taxes" argument on a long history that included eras of the NBA with completely different economic situations. I guess people think the Shinn Hornets should have gone into the tax to maximize that 2007-08 run with CP3? They lost money in 2008 and made a little in 2009, but less than the loss in 2008, so where do they get the tax money from?
quote:
Two things jump out, at least to this layman's eyes: the team's operating income, which in 2008 was a $6.4 million loss and in 2009 was a $5.9 million gain (slide 11), though that latter figures includes $3.4 million in revenue assistance from the NBA (slide 28)
LINK
Contrast that to where the NBA is today.
In 2022 the Pels operating income was $94 million, and in 2023 it was $57 million. LINK
A new TV deal is coming in a few years that is expected to inject even more money into the system. It's been a while since I looked at the numbers, but basically teams should be getting an extra $30-$50 million a year on top of what they're already making, and that's after the players get their cut.
Gayle Benson can pay NBA taxes and still be more profitable than Shinn or Tom Benson ever were. If they refuse to pay taxes, fans should protest and ask her to sell the team.
This post was edited on 2/8/24 at 3:13 pm
Posted on 2/8/24 at 3:11 pm to Broski
quote:
Do you truly believe the reason we dropped Kira was because it kept us under the tax?
I mean come on bro this was basically to duck the tax. This was pretty obvious. Yeah he sucked but it was a clear duck the tax move and pels save bunch of money.
Posted on 2/8/24 at 3:12 pm to PELsu
And exactly, there was no reason to go into the tax because of Kira, and the trade market at the deadline this year was arse. If they thought they could’ve gotten one of Allen, WCJ, or Okongwu, they would’ve done it regardless of the tax impact.
This way you get the tax payments, and you can use that to pay the tax next year. You want to avoid the repeater tax that had the warriors paying like $150 mil in luxury tax for Kelly Oubre. It’s not about being cheap, it’s about being practical and pragmatic.
This way you get the tax payments, and you can use that to pay the tax next year. You want to avoid the repeater tax that had the warriors paying like $150 mil in luxury tax for Kelly Oubre. It’s not about being cheap, it’s about being practical and pragmatic.
Posted on 2/8/24 at 3:13 pm to TigerinATL
quote:
If they refuse to pay taxes, fans should protest and ask her to sell the team.
Be careful what you wish for unless the owner was local, I cant see a new outside owner wanting to keep the team nola. I mean the SKC arena is basically one of the least modern arenas in pro sports.
Posted on 2/8/24 at 3:14 pm to Pels_Yaz
quote:
I mean come on bro this was basically to duck the tax.
Because he literally gave you nothing. Getting rid of him is not scared business, it's smart business.
Again, if Kira showed that he warranted rotation minutes, he'd still be here.
Posted on 2/8/24 at 3:14 pm to Pels_Yaz
By being just under the tax instead of just over, we are able to share in the spread of the luxury tax monies divided amongst the non tax teams. This is a double digit million windfall.
But even more than that, we cut out a year of possible repeater tax as a team that is very clearly looking like a tax team in the near future.
Would have been stupid to go any other direction.
But even more than that, we cut out a year of possible repeater tax as a team that is very clearly looking like a tax team in the near future.
Would have been stupid to go any other direction.
Posted on 2/8/24 at 3:14 pm to Pels_Yaz
quote:
Be careful what you wish for unless the owner was local, I cant see a new outside owner wanting to keep the team nola.
I'd rather not have a team than a team that has no chance of seriously competing.
quote:
I mean the SKC arena is basically one of the least modern arenas in pro sports.
Go to Memphis and come back to me.
Posted on 2/8/24 at 3:15 pm to 50_Tiger
quote:Fix your OP, you said it would "not" be picked up lol
That Jose's option will be picked up?
Hmmm
Posted on 2/8/24 at 3:15 pm to TigerinATL
quote:
You are basing your "they've never paid taxes" argument on a long history that included eras of the NBA with completely different economic situations
Oh enough of this. We just did this thread less than a month ago with several breakdowns.
We are at the TAX with like 6 players and no starting center.
We aren't going 10,20,30 mil in the tax to RETAIN Jose or Val.
fricking enough. Can yall just look at #'s and use common sense when referencing trying to retain every fricking player that appears on our roster and doesn't absolutely hate it here?
Posted on 2/8/24 at 3:15 pm to Broski
quote:
Because he literally gave you nothing. Getting rid of him is not scared business, it's smart business. Again, if Kira showed that he warranted rotation minutes, he'd still be here.
Both can be true it’s smart decision but they also ducked the tax. Im ok with the Kira thing never had issues with that.
Posted on 2/8/24 at 3:15 pm to Broski
quote:
If Kira was anything remotely decent, he'd still be on this team.
And someone else would have been traded to get under the tax line.
Posted on 2/8/24 at 3:17 pm to shel311
quote:
quote:That Jose's option will be picked up? HmmmFix your OP, you said it would "not" be picked up lol
More likely than not……WILL be picked up.
Posted on 2/8/24 at 3:17 pm to shel311
quote:
Fix your OP, you said it would "not" be picked up lol
Nah, I just went back to it, he said that it likely would be picked up. It was technically worded correctly, just a tad confusing.
quote:
Jose has a Team Option that more likely than not will be picked up
Posted on 2/8/24 at 3:17 pm to 50_Tiger
Looping back to the original thesis of the topic.
There is one way the Pelicans can retain the entire current team for one more year. However, its a gigantic gamble.
Pick up Trey's option
Pick up DD's option
Pick up Jose's option
Total 150.1M
Center (JV? 12-15M) 162M
Gives you 10M to sign other 1 year contracts.
The bigger problem. At the trade deadline, you are now truly forced to make a decision between BI and Trey.
So the Pelicans can definitely kick the can down the road up til 2025's trade deadline. However you then would be selling at a loss and the whole NBA knows it.
There is one way the Pelicans can retain the entire current team for one more year. However, its a gigantic gamble.
Pick up Trey's option
Pick up DD's option
Pick up Jose's option
Total 150.1M
Center (JV? 12-15M) 162M
Gives you 10M to sign other 1 year contracts.
The bigger problem. At the trade deadline, you are now truly forced to make a decision between BI and Trey.
So the Pelicans can definitely kick the can down the road up til 2025's trade deadline. However you then would be selling at a loss and the whole NBA knows it.
Posted on 2/8/24 at 3:18 pm to mhasen1
quote:
And someone else would have been traded to get under the tax line.
Such as?
We had no other single player that we could cut loose with a similar contract.
Posted on 2/8/24 at 3:18 pm to Broski
quote:Are you a Pels fan? Because you just described the Pels entire history as a franchise
But why be loyal to something if they are that brazen in not being loyal to anything other than their own bank account?
If an owner won't do something that literally every other owner is willing to do, that person shouldn't be owning and the fans should make that known that they shouldn't be owning.
Posted on 2/8/24 at 3:19 pm to Broski
quote:
I'd rather not have a team than a team that has no chance of seriously competing.
Again get the frustration but I personally wouldn’t want that.
Memphis arena sucks too but they are also the only pro team in the city and that city loves the Grizz. Not sure if thats the same here.
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