billy
 Miami Heat
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Post by billy on Oct 4, 2020 13:16:36 GMT -5
Salary Cap 2019/20: $109,140,000 Luxury Tax 2019/20: 125% of Salary Cap $136,425,000 Teams over the Luxury Tax: Paul Pierce Chicago Bulls $137,073,332 jameskay Denver Nuggets $140,892,080 Penny Hardaway Houston Rockets $148,869,284 You were over the Luxury Tax at the end of the regular season. You will now be penalized the following amounts: 10% of the salary cap for being over the Luxury Tax for 1 season $10,914,000 toward next year's salary total. It should be reflected on the roster page now. Feel free to use this thread to whine/report any errors. |
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Paul Pierce
 Chicago Bulls
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Post by Paul Pierce on Oct 4, 2020 13:29:44 GMT -5
I’m gonna whine because I fucked up, not any of your faults haha I just wanna whine. I was under the tax but had to sign someone after I picked up that cancer Draymond green. That min signing put me over. GG :(
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Jackie Kong
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Post by Jackie Kong on Oct 4, 2020 13:31:31 GMT -5
I’m gonna whine because I fucked up, not any of your faults haha I just wanna whine. I was under the tax but had to sign someone after I picked up that cancer Draymond green. That min signing put me over. GG :( |
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Paul Pierce
Chicago Bulls
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Post by Paul Pierce on Oct 4, 2020 13:32:35 GMT -5
I’m gonna whine because I fucked up, not any of your faults haha I just wanna whine. I was under the tax but had to sign someone after I picked up that cancer Draymond green. That min signing put me over. GG :( damn that sucks haha. |
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Jackie Kong
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Post by Jackie Kong on Oct 4, 2020 13:45:29 GMT -5
As Charles Dickens would say 'It was the best of times, it was the worst of times' because Portis trade was great for you (I think) but it also f***ed you.
Although by looking at your numbers you should still have enough for at least a 25% Max Slot so it isn't that terrible.
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Post by Penny Hardaway on Oct 4, 2020 13:55:36 GMT -5
Houston we have a problem....nah we should be fine,was a weird season intended to pay luxury but was also competing earlier on then injuries and covid just derailed us.
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jameskay
 Denver Nuggets
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Post by jameskay on Oct 4, 2020 14:13:57 GMT -5
billy I honestly don't know what happened. My only plan for this whole entire season was to just get below the luxury tax. Was the MLE that was listed on my salaries not part of the total salary calculation? If so I feel like that was really misleading, because I was under the impression - based on it being listed in the salaries table and from talking to other members (detailed below) - that it was counting against my total salaries. Here's a brief history of what I was told and what I told the league over the course of the season:
As soon as I joined the league, I got a message from Theodore Duncan , offering a trade to get me under the luxury tax line. "Your salary is now $143,329,610 luxury tax line is $136,425,000 You can first renounce your Mid-Level Exception $4,911,300 That brings you to $138,418,310 So you need just under 2 million to get under the luxury tax line."
Then, I made a trade with Houston in which I explicitly say "I get to sneak below the luxury tax and pick up a nice little young prospect in Monk. "
Then, to double check my luxury tax liability, I messaged Allan Houston , as the MLE Rules page directs members to do so regarding MLE questions. I asked "I'm a surrender of my MLE from avoiding the luxury tax, I believe. Where do I post that I want to give it up?"
He responded, "Don't worry about it. The MLE doesn't count for luxury tax purposes."
IDK how to explain it. The salaries listed on the 19-20 page do show that I am over the luxury tax. But I was under the impression that I could renounce my MLE and then get under it.
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Theodore Duncan
 Portland Trail Blazers
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Post by Theodore Duncan on Oct 4, 2020 14:38:27 GMT -5
As soon as I joined the league, I got a message from Theodore Duncan , offering a trade to get me under the luxury tax line. "Your salary is now $143,329,610 luxury tax line is $136,425,000 You can first renounce your Mid-Level Exception $4,911,300 That brings you to $138,418,310 So you need just under 2 million to get under the luxury tax line."
At least when the roster page was still in the status of before your Houston trade, and I offered you that trade, I'm quite sure the MLE was counted towards the salary like I describe it above. So, I agree it's bit weird. Maybe something went wrong with processing the HOU trade salaries.
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Jackie Kong
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Post by Jackie Kong on Oct 4, 2020 14:40:40 GMT -5
Could also be that he had a room MLE rather than a regular MLE. Room MLEs never count against the total because that's the idea behind them in case you have cap space. MLE count so you can't use cap space and then the full MLE.
I suspect Nuggets was left with significant cap space after they lost Durant during the Off-Season. Hence, the room MLE.
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billy
Miami Heat
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Post by billy on Oct 4, 2020 15:21:00 GMT -5
If the MLE on the roster page was counting toward your total salary then it was a mistake. It's just a hold and doesn't actually count unless it is spent.
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jameskay
Denver Nuggets
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Post by jameskay on Oct 4, 2020 15:50:58 GMT -5
As soon as I joined the league, I got a message from Theodore Duncan , offering a trade to get me under the luxury tax line. "Your salary is now $143,329,610 luxury tax line is $136,425,000 You can first renounce your Mid-Level Exception $4,911,300 That brings you to $138,418,310 So you need just under 2 million to get under the luxury tax line."
At least when the roster page was still in the status of before your Houston trade, and I offered you that trade, I'm quite sure the MLE was counted towards the salary like I describe it above. So, I agree it's bit weird. Maybe something went wrong with processing the HOU trade salaries.
I'm pretty sure of that as well. I don't know how I could be over the luxury tax lol |
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billy
Miami Heat
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Post by billy on Oct 4, 2020 16:42:55 GMT -5
At least when the roster page was still in the status of before your Houston trade, and I offered you that trade, I'm quite sure the MLE was counted towards the salary like I describe it above. So, I agree it's bit weird. Maybe something went wrong with processing the HOU trade salaries.
I'm pretty sure of that as well. I don't know how I could be over the luxury tax lol Are any of the contracts attributed to your team on those 19-20 rosters incorrect? |
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billy
Miami Heat
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Post by billy on Nov 23, 2020 11:30:23 GMT -5
jameskay will have his luxury tax removed due to roster page/private message confusion on behalf of 720 staff
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Paul Pierce
Chicago Bulls
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Post by Paul Pierce on Nov 24, 2020 17:06:24 GMT -5
Can my luxury tax be forgiven? I’m only a million over and I didn’t even know I was over cuz I forgot I had to sign a guy ;)
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Post by Stuff The Magic Dragon on Nov 28, 2020 4:53:13 GMT -5
Steve Jobs you’re $ 8,352,000 over the hard cap with Danny Green’s cap hold.
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Post by Stuff The Magic Dragon on Nov 28, 2020 5:33:03 GMT -5
Steve Jobs you’re $ 8,352,000 over the hard cap with Danny Green’s cap hold. nevermind for now. This includes BR and MLE which is not counted till the regular season |
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Scott Pilgrim
 Philadelphia 76ers
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Post by Scott Pilgrim on Nov 28, 2020 7:55:25 GMT -5
Can my luxury tax be forgiven? I’m only a million over and I didn’t even know I was over cuz I forgot I had to sign a guy ;) I had to deal with luxury tax for a year this past season as I was 1m over, because I didn't waive and stretch NBA superstar 'Edmond Sumner', real annoying to deal with, but all your efforts now should be to get out of it, which I was able to do. |
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Steve Jobs
 Oklahoma City Thunder
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Post by Steve Jobs on Nov 28, 2020 9:35:13 GMT -5
Steve Jobs you’re $ 8,352,000 over the hard cap with Danny Green’s cap hold. nevermind for now. This includes BR and MLE which is not counted till the regular season To be clear though, I was aware of this and just knew my chances of signing Danny Green to an affordable contract without a starting spot are basically zero... so I didn’t think the cap hold would be a big issue and that’s realistically the only thing between me and not hitting the hard cap, but I simultaneously didn’t want to renounce too early since it’ll just harmlessly go off my books if/when someone else signs him anyway. lol |
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billy
Miami Heat
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Post by billy on Nov 28, 2020 10:04:39 GMT -5
Yeah the MLE counting toward your cap total when unspent is something that needs changed on the roster page. This clerical issue is what caused confusion for James Kay.
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Post by Stuff The Magic Dragon on Nov 28, 2020 10:45:43 GMT -5
Yeah the MLE counting toward your cap total when unspent is something that needs changed on the roster page. This clerical issue is what caused confusion for James Kay. he was still over the luxury tax even without counting the MLE afaik |
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Post by Stuff The Magic Dragon on Nov 28, 2020 19:11:44 GMT -5
Yeah the MLE counting toward your cap total when unspent is something that needs changed on the roster page. This clerical issue is what caused confusion for James Kay. I do think it is critical to add the MLE for teams that are over the salary cap. For those under, we can not add it to the total. But for those over the cap, it helps them know where they are in terms of salaries and how close they are to the luxury and hard cap. |
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Jackie Kong
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Post by Jackie Kong on Nov 29, 2020 1:11:14 GMT -5
Yeah the MLE counting toward your cap total when unspent is something that needs changed on the roster page. This clerical issue is what caused confusion for James Kay. I do think it is critical to add the MLE for teams that are over the salary cap. For those under, we can not add it to the total. But for those over the cap, it helps them know where they are in terms of salaries and how close they are to the luxury and hard cap.
I edited the response to this a couple of times only to change my mind.
"But for those over the cap, it helps them know where they are in terms of salaries and how close they are to the luxury and hard cap". Honestly, it confuses more than it helps. Just stop counting MLE please lol. |
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billy
Miami Heat
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Post by billy on Nov 29, 2020 9:27:30 GMT -5
Yeah the MLE counting toward your cap total when unspent is something that needs changed on the roster page. This clerical issue is what caused confusion for James Kay. I do think it is critical to add the MLE for teams that are over the salary cap. For those under, we can not add it to the total. But for those over the cap, it helps them know where they are in terms of salaries and how close they are to the luxury and hard cap. I agree with kong. People can look at their salary and figure out what it will be if they sign someone for some amount of money, it's how it works for every other signing. Perhaps put the MLE in a separate column like the NTC column. I think that's where I was putting it back in the day. |
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Allan Houston
 New York Knicks
Deputy Commissioner
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Post by Allan Houston on Nov 29, 2020 13:02:24 GMT -5
The MLE counts as a cap hold though for the purposes of space. Cap holds are irrelevant for the hard cap, though. NB: if you have the rooms MLE, it's not a cap hold.
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Jackie Kong
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Post by Jackie Kong on Nov 29, 2020 13:55:15 GMT -5
The MLE counts as a cap hold though for the purposes of space. Cap holds are irrelevant for the hard cap, though. NB: if you have the rooms MLE, it's not a cap hold.
I hear you and I agree but it does seem to confuse. I mean, last Season we did this exactly but then jameskay though his MLE would be deduced by the end of the Season except he had a Room MLE so it didn't. But new GMs don't understand that immediately because sim leagues in general don't use different MLEs with different meanings even if the word 'Room' could tell you something.
Another alternative if needed to include it is to describe the MLE with words rather than colors. The MLE has a line with lot of white space so it can be done.
Then, you got:
MLE value (Non-Taxpayer - Included in Total as cap hold) MLE value (Taxpayer - Included in Total as cap hold)
MLE value (Room - Not included in Total)
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Post by Mitch Richmond on Nov 30, 2020 8:25:59 GMT -5
Salary Cap 2019/20: $109,140,000 Is salary cap for this season will be $109.14 million as announced by NBA? |
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Shaq O'Neal
 LA Clippers
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Post by Shaq O'Neal on Nov 30, 2020 8:28:44 GMT -5
Salary Cap 2019/20: $109,140,000 Is salary cap for this season will be $109.14 million as announced by NBA? Yes we follow the NBA in terms of the salary cap. |
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Houston Rockets
Orlando Magic
