Speaker 1: Giese, the Sultan of salary, our very own sports financial
Speaker 1: guru when athletes get paid, Our go tougas Mike Jannetti
Speaker 1: from spot track dot Com.
Speaker 2: Mike Janetti are go through sports financial expert, the best
Speaker 2: in the business. You can find his work over at
Speaker 2: spot track dot com and check out the spot Track
Speaker 2: podcast a weekly Mike and I drop an episode together
Speaker 2: every single week. And what a week it has been.
Speaker 2: What a whirlwind in the NBA. We'll start with the
Speaker 2: tires Haliburton injury and how exactly that changes the complexion
Speaker 2: of the Eastern Conference and I think more importantly for Indiana,
Speaker 2: does it change anything they might do in the off
Speaker 2: season to stay competitive.
Speaker 3: Yeah, I think that's the big one right now, and
Speaker 3: it may have shifted some gears slightly with Indiana specifically. Look,
Speaker 3: this is both Oka See and Indiana pretty long in
Speaker 3: for the next eighteen to twenty four months here, So
Speaker 3: no drastic changes unless warranted. And will they replace Haliburton,
Speaker 3: Probably on some sort of minimum or exception type contract
Speaker 3: with an older player that can maybe handle a simple
Speaker 3: point guard role. But no, don't I don't expect sweeping
Speaker 3: changes with you of those two finalists in terms of
Speaker 3: the rest of the East, when you zoom out a
Speaker 3: little bit, I think what we already knew is definitely
Speaker 3: locked in the stone now, which is Yiannis is going nowhere.
Speaker 3: I think Milwaukee now spells enough blood to the point
Speaker 3: where they can sit down with Giannis and say we're
Speaker 3: comfortable spending a little bit of cash to make this
Speaker 3: thing a little better for twenty twenty five, and then
Speaker 3: we can discuss this maybe this time next year. But
Speaker 3: to me, that's the big line of the sand moment
Speaker 3: with Haliburton going down, that this East is just two
Speaker 3: up for grabs to really do something drastic anymore.
Speaker 2: I think you're one hundred percent right. In fact, I
Speaker 2: was going to ask you about exactly that, because it
Speaker 2: does feel like the next big Domino would be honest
Speaker 2: in terms of off season moves. But why in the
Speaker 2: world would have mill Milwaukee move off of a player
Speaker 2: that might be good enough? I say single handedly. Obviously
Speaker 2: you can't do it by yourself, but if he is
Speaker 2: significantly the best player on the team by a good margin,
Speaker 2: I still think you can get by in the Eastern
Speaker 2: Conference if he plays like an MVP.
Speaker 3: Yeah, and if if the goal is to make some
Speaker 3: sort of all playoff run for you know, selfish financial reasons.
Speaker 3: If that's what that front office is looking around saying
Speaker 3: he can get that done by himself. He's proved for
Speaker 3: over the past couple of seasons that he and some
Speaker 3: complimentary players can get that done. So I think they can.
Speaker 3: They can, you know, achieve their minimum goal with the
Speaker 3: roster they have right now, and they will certainly look
Speaker 3: to improve it here and there over the next couple
Speaker 3: of weeks.
Speaker 2: There's a lot of moves going down in the NBA.
Speaker 2: We saw one late last night, early in the morning.
Speaker 2: I don't know. I rolled over at four thirty in
Speaker 2: the morning and for some reason check Twitter. I should
Speaker 2: probably get my head checked for that. And I saw
Speaker 2: that Anthony Simons got traded to the Celtics, and I thought,
Speaker 2: rather than firing off a four thirty am tweet, let's
Speaker 2: go back to bed, deal with this in the morning.
Speaker 2: But what is Boston saying with their deal with Portland
Speaker 2: moving off of a winning player that helped them win
Speaker 2: a championship and Drew Holliday and bringing in a younger,
Speaker 2: slightly cheaper piece.
Speaker 3: Yeah, so maybe to attach this conversation as the one.
Speaker 3: We just had the mindset in Boston's not going to
Speaker 3: change because of the Halliburton injury or because the Bucks
Speaker 3: are defeated a little bit here. This is not so
Speaker 3: much about what's going to be on the court for
Speaker 3: the next couple of seasons. I think the holiday situation
Speaker 3: was going to happen no matter what, for financial reasons
Speaker 3: and because he's an aged out player that they think
Speaker 3: can probably replace minutes fies with what they've already drafted
Speaker 3: and developed. And I would imagine that we see Perzingis
Speaker 3: be one of the next big chips to move. And
Speaker 3: it's the same conversation. They've certainly played big roles in
Speaker 3: winning that title and making this a successful franchise and iteration,
Speaker 3: but this is going to be an organization that's going
Speaker 3: to be extremely fluid, and they're going to be good
Speaker 3: at what they do, and theyre going to have some
Speaker 3: hits and some misses. But thanks for what you've done,
Speaker 3: we've got to move on to younger and cheaper because
Speaker 3: that second apron is a monster when you get up
Speaker 3: there for a few seasons.
Speaker 2: Well are they going to be able to get away
Speaker 2: from that? Though? Because they're still eighteen million dollars north
Speaker 2: of the second apron. I know they're looking at potentially
Speaker 2: trading Kristaps Porzingis. But in the NBA, where you have
Speaker 2: to make salaries match, are they going to be able
Speaker 2: to get away from that second apron? Is that possible?
Speaker 3: Let me put it this way, because no, they're not
Speaker 3: going to get under all things considered for twenty twenty
Speaker 3: five to twenty six unless something drastic changes. But just
Speaker 3: in doing what they did, they feed up forty million
Speaker 3: dollars of cash because of what the tax bill has
Speaker 3: been reduced to. So because they're at this gigantic percentage
Speaker 3: in terms of text here, the actual TA tax bill
Speaker 3: that comes due at the end of the season is
Speaker 3: significantly higher than most teams have to deal with. So
Speaker 3: that's what this little move from a cash perspective on
Speaker 3: the court has done to their overall tax situation. They'll
Speaker 3: do it again with Porzingia in a couple of weeks.
Speaker 2: Very interesting, also a less high profile deal, but a deal. Nonetheless.
Speaker 2: The Pelicans and the Wizards made a trade where CJ.
Speaker 2: McCollum is now with Washington, bless his heart, and Jordan
Speaker 2: Poole is with the New Orleans Pelicans and Keith Smith,
Speaker 2: who works with you at spot track dot Com, had
Speaker 2: a terrific breakdown on Twitter. New Orleans saves about six
Speaker 2: million dollars this season. Jordan Poole is the obvious replacement
Speaker 2: for McCollum, plus you get that extra year under contract.
Speaker 2: But this is the one that really blew me away.
Speaker 2: Washington can create one hundred million dollars in cab space
Speaker 2: next summer. That's some of the most cap space I've
Speaker 2: heard of in the years. What exactly are they hunting
Speaker 2: trying to make sure that they're in the market for
Speaker 2: I guess whoever they want. But that's putting yourself in
Speaker 2: quite the position if you're Washington.
Speaker 3: Kind of like this for Washington, and I kind of
Speaker 3: sneak you like Washington at least down down, way down down,
Speaker 3: where you have to look hard to see what you're
Speaker 3: looking at. I think they're going to have a great
Speaker 3: draft here, maybe even luck into a player that turns
Speaker 3: out to be better than some of the players ahead
Speaker 3: of them. And I think they kind of are taking
Speaker 3: are setting themselves up for if we do everything right
Speaker 3: over the next couple of weeks here and now, we
Speaker 3: position ourselves to be you know, the Brooklyn Nets of
Speaker 3: this year. Next year, there's a chance they can really
Speaker 3: turn this thing around finally after years and years of
Speaker 3: kind of being the joke of the league. So I'm
Speaker 3: in on this. They turned two expiring contracts, excuse me
Speaker 3: to turn two two year contracts into two expiring contracts,
Speaker 3: which for your forty million next year, they can get
Speaker 3: to the hundred million mark with a couple of you know,
Speaker 3: holdouts and things like that. I like this. I think
Speaker 3: they are believing in themselves. They see what they see
Speaker 3: with some of these rookies, and if they have one
Speaker 3: market draft year, look for them to be uberly aggressive
Speaker 3: this time next summer.
Speaker 2: Unbelievable. I kind of like Washington was the quote, and
Speaker 2: I thought I needed tone out. I need to get
Speaker 2: my head checked, all right. One more thing. Pallavan Caro's
Speaker 2: extension window is open. I believe as of today he's
Speaker 2: entering his fourth year of his rookie contract, and players
Speaker 2: in this situation can negotiate a contract extension worth about
Speaker 2: two hundred and forty seven million dollars. I believe that
Speaker 2: window is open. Is there any and it hasn't been
Speaker 2: signed yet? Otherwise we would be talking about that. But
Speaker 2: is there any reason that Magic fans should be nervous
Speaker 2: about this in any way?
Speaker 3: No, no way. I mean they've already put their foot
Speaker 3: down that they know exactly what they are and what
Speaker 3: they want to be for the next four to five
Speaker 3: seasons minimum, and that started with the Desmond Dane trade.
Speaker 3: So you don't cure around now with these with these
Speaker 3: rookie extensions, the window I think officially opens July first
Speaker 3: for technical purposes and then runs in October for that
Speaker 3: rookie extension. But there's gonna there's gonna be no conversation here.
Speaker 3: I know there's been some inconsistency and some injuries, but
Speaker 3: this is the cornerstone piece that you're looking to build around,
Speaker 3: and you're gonna lock him into all the all the
Speaker 3: language you need to get him to that. You know
Speaker 3: that that veteran extension at thirty percent if he gets
Speaker 3: super max potential. All right.
Speaker 2: Just needed you to say it because I always come
Speaker 2: across like a homer when I say it. Mike Cinneti
Speaker 2: sports financial analyst, the best in the game. Find his
Speaker 2: work over at spot track dot com. Thanks so much, Mike,
Speaker 2: Coming up next tea time right around the corner. Also,
Speaker 2: I've got raise A's tickets to give away. I'll figure
Speaker 2: out a way to do that in that next segment
Speaker 2: as well. But as your ac ready for the summer heat,
Speaker 2: don't sweat it. All the pros