NEW YORK -- The Charlotte Bobcats begin building their roster when an expansion draft is held June 22, unless the NBA Finals goes to a Game 7.
The NBA announced the date Friday, with a move-back date of June 23.
Each of the 29 NBA teams will be allowed to protect eight players.
Under rules set by the NBA Board of Governors, the Bobcats' payroll will be limited to two-thirds of the salary cap in 2004-05 and three-quarters of the cap in '05-06.
Charlotte will pick fourth in the 2004 draft but will be eligible for the first overall pick in 2005
Wow, is it me or does it look like this team is gonna rot their first year? Can only use 2/3rd's of your cap which means you can't take a large contract malcontent so you will be left with garbage time players.
Well, it almost guarantees them the #1 pick in 2005.
What is does mean though is that they will be able to sign a top-flight free agent for the 2006-2007 season. If they draft well, they could be competative by then.
Incidentally, last years first rounders could be eligible for free agency in 06-07.
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Actually, they can take on a large contract, and likely will take on a few, as long a they get something else from the team they take the contract from. They have a one-time opportunity before the start the season to cut players, and not have the rest of the contract count against the cap. They would still have to pay the player, since the contract is guaranteed, but it would not count against the cap or luxury tax.
So, say they take Howard Eisley from the Suns, who is owed $6 million for each of the next 2 years. In order to entice them to take Eisley, and clear more cap room for themselves, the Suns send $5 million and a first round draft pick Carolina's way. Carolina has to pay Eisley the $12 million, but if they cut him, he does not count against anyone's cap.
Go to ESPN.com and look in Marc Stein's archives, he explined it sometime ago.
Originally posted by JavaActually, they can take on a large contract, and likely will take on a few, as long a they get something else from the team they take the contract from. They have a one-time opportunity before the start the season to cut players, and not have the rest of the contract count against the cap. They would still have to pay the player, since the contract is guaranteed, but it would not count against the cap or luxury tax.
So, say they take Howard Eisley from the Suns, who is owed $6 million for each of the next 2 years. In order to entice them to take Eisley, and clear more cap room for themselves, the Suns send $5 million and a first round draft pick Carolina's way. Carolina has to pay Eisley the $12 million, but if they cut him, he does not count against anyone's cap.
Go to ESPN.com and look in Marc Stein's archives, he explined it sometime ago.
Thanks. That makes more sense. If someone was going to send me another first round pick I might consider making a deal. What bugs me though is that it is tough to build a good team in the NBA and I think the recent expansion teams bear this out. Although playing in the Eastern Conference should help them out greatly.
To quote Donna Moss in The West Wing, “You know what gripes my ass?”
What annoys me is not only that Charlotte got another expansion team so quickly (another discussion for another time) but they will get the #4 pick of the 2004 Draft and are eligible for the first pick of the 2005 NBA Draft which they will almost certainly be the favorite to get.
What the hell? When Toronto and Vancouver joined the league (God, almost ten years ago now), they got the #5 and #6 picks in their initial years. (We all know how that turned out-- what were the Grizzlies thinking getting Bryant Reeves?) And they were locked out from getting the #1 pick from 1995-98.
So my question is, whassupwidat? Why don't the same restrictions that applied to the Raptors and Grizzlies apply to the Bobcats?
(And you know the Bobcats front office is salivating at the thought of competing in a division with Atlanta, Miami, Orlando and Washington. The Bobcats might very well compete for the Southeast Division title in their first year! Of course, who knew things would get so bad for Orlando?)
I'm actually looking forward to seeing the Bobcats (if only to watch a game between them and the Knicks and go blind at looking at all the orange), but I think there's something fishy going on here is all.
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Originally posted by ekedolphinSo my question is, whassupwidat? Why don't the same restrictions that applied to the Raptors and Grizzlies apply to the Bobcats?
Probably because we see how well it's worked for Toronto(won one playoff series) and Vancouver(moved).
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http://twitter.com/​WojYahooNBA/​statuses/​40439862284787712 Wow! Does Jerry Sloan go back to Utah now? ESPN confirming the deal http://sports.espn.go.com/new-york/nba/news/story?id=6150419
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