[Charania] The NBA informed teams today that it is projecting the 2024-25 salary cap to be $141 million — $1M lower than previous June 30, 2023 projection. The salary cap this season was set for $136M.News
The NBA informed teams today that it is projecting the 2024-25 salary cap to be $141 million — $1M lower than previous June 30, 2023 projection. The salary cap this season was set for $136M.
— Shams Charania (@ShamsCharania) January 30, 2024
by SquimJim
8 Comments
With this, Celtics are projected to be:
– 14ish mil above the 2nd apron
– 69ish mil above the cap
– 27.6ish mil above the tax
Even if Jrue were to take an 11mil pay cut, we’d still have 0 room under the 2nd apron to do anything substantial.
If we want to improve this team for next year, we would absolutely have more flexibility to make a move now, rather than later.
I think we gotta make a move. Idk how long we can rely on Horford and Porzingis for the future.
So the C’s have 197.6 million in salaries next year if all options are picks up. That’s for 11 guys. Add in 3 minimums and that takes you to roughly 204 million dollars. That’s roughly 14 million above the second apron. If Holiday were to decline his PO and come back at a starting salary of no more than 25ish million year one they COULD get under the 2nd apron without dumping anyone. If he wants more than that one of Payton/Al would likely be gone.
If you start Jrue at 25 million you could go 4/112 total. That’s a lot of years for a guy’s 34-37 age seasons, but its probably a fair contract. Its a 3 year about 72 million dollar addition to his PO next year.
Ah damn, this isn’t terrible but it’s slightly a bummer. There’s zero chance we are below the second apron next season, which is fine, but not ideal
There are a lot of folks on this board that have talked themselves into Jrue Holiday taking a $14M pay cut next season.
I’ll be the first to admit I don’t understand much when it comes to how the cap works, and how or why we have the team that we do, but I don’t understand how we have the bench we do when other teams also have Star players and yet have deeper benches and aren’t as screwed as we are. Look at the Sixers, they’re incredibly deep and yet they’re good to go on acquiring one or more players before the deadline, and have enough to sign real players in the offseason.
And knowing that were essentially handcuffed for years to come I’d by lying if I said I wasn’t frustrated. I get that Jaylen just got the big bag, but it’s not like Tatum, White or Holiday are the top paid players in the NBA. What am I missing here, because clearly I’m misinformed.
This is why having 2-3 super duper stars (if you can get them) is better than a more balanced team. We have too many guys that need to get paid.
We NEED to win this year so Al can go out a champ