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Post by Former Spurs GM (Adam) on Dec 4, 2014 19:02:00 GMT
I was curious about this statement: "When a team is notified of the impending Luxury Tax, it has 7 days to rectify it." Read more: dynastyleaguebball.proboards.com/thread/3503/luxury-tax#ixzz3KxIgiqPgHow is a team "notified"? Is it simply when a trade is approved, and the owner acknowledges going over the cap? Or do the LMs have to make a specific statement? Just an opinion: Given that there's no special notification for the 7 day window when a player becomes ineligible in a reserve slot before unspecified penalties are applied, it would also seem to follow that the action of going over the cap (the 3rd approval) is the starting point of the 7 day window to fix it. (Especially since there hasn't always been a statement from the LMs.) The exception, of course, might be if no mention of the salary cap situation was made during the trade approval process... but that would be a failure of the TC. Any information would be useful. Thanks. |
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Post by Celtics GM (Jose) on Dec 9, 2014 1:50:41 GMT
Hi Adam,
We notify a team by PM as soon as the trade that puts them over the cap is processed and that has been our standard so far.
The only time we've missed was last week, when i failed to update the file and verify GSW's situation.
Steven has now been notified and has 7 days before the Luxury Tax is applied.
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Post by Former Spurs GM (Adam) on Dec 9, 2014 2:37:00 GMT
The GSW situation did prompt the question. And this is a nice break in that regard. But it also was useful to know as a precedent going forward.
If the start of the 7-day window is only announced via PM, then there's no way of calculating a team's luxury tax situation for trading purposes. Example: No one could offer a "deadline deal" if the deadline is nebulous to at least 27 teams.
Would it make sense to simultaneously post the notification publicly so that: a) teams can be aware of the situation to offer a trade, and b) it can serve as a system of checks and balances in case the notification gets overlooked?
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Post by Nuggets GM (Joe) on Dec 9, 2014 3:48:58 GMT
I totally agree with Adam, it is better to have everything clear for all owners (at least those that still active).
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Post by Lakers GM (Renato) on Dec 11, 2014 12:05:48 GMT
Are there that many inactive ones right now?
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Post by Former Spurs GM (Adam) on Dec 12, 2014 3:50:37 GMT
I'm not sure it's inactivity, however...
The sample size is small, but I have a hunch it's probably representative:
December 1 - 11, 2012: 11 trades completed in the league.
December 1 - 11, 2013: 6 trades.
December 1 - 11, 2014: 3 trades.
Having said that, I have faith that it'll pick up at some point. I guess it's a marathon, not a sprint.
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Post by Nuggets GM (Joe) on Dec 12, 2014 5:26:42 GMT
The trend doesn't look good, I also still have faith, but I PMed Tiago and Ze a few times regarding some inactivity issues and it's been a while, and nothing has been address yet. I know they have been busy with something and still keeping the update for us every week, but if the inactivity and not fix lineup issue keep going, I don't see this league will be what we expect. Hope LMs can address some of the points I pointed to them.
As of now, I can only see a few owners reply PMs, some not even fix lineup, most not in the chat room (this one cannot force the issue, I understand). But if someone show up in the chat room, I think they at least should go to fix their lineup correctly.
In Atl-Cen, we have Nets, Raptors as the obvious not fixing lineup owner. There's a few other owners not doing that, and I informed that to LMs already, but I starting to feel dumb for doing that because what the point of doing that over and over when no action is taken.
Be honest, even I still have faith, but if it doesn't improve anytime soon, I think this is my last season here.
Keeping my finger cross, and hope things change soon, and not just say there's new owners lining up but no action taken.
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Post by Former Spurs GM (Adam) on Dec 18, 2014 22:17:07 GMT
Would it make sense to simultaneously post the notification publicly? Still curious about this question. If no further answer is given, the best I can assume is that the answer is "no", and there is some reason why its done in private. Since this is the first time since Indiana in 2012 that a team has chosen to go over the cap for multiple weeks, I just wanted to ask about this calculation as well: "If a team goes over the LT more than once over a season, the Luxury Tax will be applied to the maximum value a team as strayed over the Salary Cap. However there will be a 250k penalty for every time a team goes over the Cap that will accumulate with the Luxury Tax, affecting next year's Cap." Read more: dynastyleaguebball.proboards.com/thread/3503/luxury-tax#ixzz3MI1J9vzWSo, using the current situation, GSW has already lost $2.8m off of next year's cap. What I'm curious about is what the penalty will be for the present week? Is it $2.8m or $3.05m (($0.7 x 4) + 0.25)? |
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Post by Former Spurs GM (Adam) on Dec 18, 2014 22:34:14 GMT
In case it seems like I'm asking questions about something that not really my concern... In 2012 I had evaluated some future draft picks based on the estimated LT penalties, only to find out in the end that it had been reduced to $1m. It would be better to establish this while all the details are easily visible.
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Post by Stephen on Dec 19, 2014 4:01:53 GMT
I'm confused as well
I didn't know it was a repeating tax I thought you were taxed once and that's it so I would only lose the initial tax off my cap next year...
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Post by Former Spurs GM (Adam) on Dec 19, 2014 4:37:33 GMT
I could well be mistaken about that. But that's also why it's best to clear it up now.
Looking at the phrasing of the rules again, you're right it seems that it could be understood to mean a one time penalty. Very likely I misunderstood this. There are phrases in there that led me to believe every week (1-23) is it's own period, and that the tax "accumulates".
If it's a one time tax, then
1. WOW, the cap is far softer than I judged it to be. No ones fault but my own, but it opens a whole new set of possibilities.
2. The whole section about $250k being added for repeat offenses needs to be thrown out. It has almost no practical application, and certainly does nothing to incentivize staying under the cap.
3. Once someone is on the hook for LT by being over the cap, they're better off staying there. Because the only way to get more penalties is by fixing the cap issue.
Again, I'm probably wrong for having viewed the tax as cumulative. If so, going over the cap isn't very harmful at all.
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Post by Nuggets GM (Joe) on Dec 19, 2014 5:28:02 GMT
Well, seems like we have a lot more issues than this one. And we haven't hear from both LMs for awhile already. The non active owners issue is far more urgent and important. It's no fun to look at matchups that 1 team or even both teams not active. Like I said, I informed LMs for awhile already, but everytime the answers I got were "Ze have a few people line up for those spots already, we will fix it very soon."
Lol, first time I got that reply was over a month ago. And now we have more owners that's not answering PMs and most important, not even fixing lineups. Sad, very sad, I hope this is not the end of this league. But if this issue doesn't get resolve now, I don't think we have to worry about the luxury tax issue at all.
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Post by Lakers GM (Renato) on Dec 19, 2014 10:27:27 GMT
This is not the end of the league, for sure. Give it a couple of weeks and the guys will put this back in order...
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Post by Nuggets GM (Joe) on Dec 21, 2014 19:22:42 GMT
hope so, but up to this point, it's more like dead than will turn it around because the 2 person we are all counting on just disappeared without a single announcement to let us know what's going on.
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Post by Former Spurs GM (Adam) on Dec 21, 2014 22:19:52 GMT
hope so, but up to this point, it's more like dead than will turn it around because the 2 person we are all counting on just disappeared without a single announcement to let us know what's going on. Noticeably true Joe. There are many understandable reasons why someone would have to step away for a time. A quick announcement would go a long way. I hope that all is well for Tiago and Jose. If anyone knows them personally, and can reassure that they're ok, it would give peace of mind too. I can't imagine this absence being deliberate, which causes worry on a human level. Given that there has been at least one roster move this week, I'm kind of hopeful to see some activity by tomorrow. If worse comes to worse, then when I leave can I take Giannis with me? |
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