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Monday, July 26, 2010

2010-11 San Antonio Spurs Salaries


Reigning Black

(Updated: 8/3/10)

Following are the salaries of the guaranteed 11 players under contract and the 3 non-guaranteed roster hopefuls. They've been listed in the order they were signed/came to terms in an effort to see what the Spurs' front office saw every step of the way -- the roster's total is shown after each signing to display where the Spurs were in relation to the cap and what moves they made with that knowledge in hand. Also along the way, Richard Jefferson's (RJ) original $15.2 million dollar contract was calculated to show what an opt-in could have meant.(Special thanks to Sham and Bruno for the help and L.J. Ellis for Neal and Jefferson's numbers)


*Note: Matt Bonner's salary has been updated from $3.05M to $3.00M while Neal's salary has been updated from $510K to $525K. Thanks again to Sham for all of his hard work. Please give him a visit if you'd like to know more about full terms and incentives.



2010-11 San Antonio Spurs (Actual Salary)


T. Duncan $18,835,381

T. Parker * $13,500,000

M. Ginobili $11,854,584

A. McDyess $4,860,000

D. Blair $918,000

G. Hill $854,389


Total = $50,822,354

* Performance incentive for $150,000 now deemed "unlikely."


Bonner $3,000,000 = $53,822,354 (RJ @ $15.2M = $60,622,354)

Splitter $3,400,000 = $57,222,354 (RJ @ $15.2M = $64,022,354)

Jefferson $8,400,000 = $65,622,354 (RJ @ $15.2M = $72,422,354)

Neal * $525,000 = $66,147,354 (RJ @ $15.2M = $72,947,354)

Anderson $1,361,400 = $67,508,754 (RJ @ $15.2M = $74,308,754)


Total Salary = $67,508,754 (RJ @ $15.2M = $74,308,754)

Against Tax = $67,838,143 (RJ @ $15.2M = $74,638,143)

* Neal's $525,000 counts $854,389 against the tax.


Non-Guaranteed

G. Temple $762,195 ($854,389 against the tax)

A. Gee $762,195 ($854,389 against the tax)

C. Jerrells $762,195 ($854,389 against the tax)


Cap Cost Of Non-Guaranteed Player(s) (Not Tax)


One of Temple, Gee or Jerrells = $68,270,949 (RJ @ $15.2=$75,070,949)

Temple & Gee/Jerrells = $69,033,144 (RJ @ $15.2M = $75,833,144)

Temple, Gee & Jerrells = $69,795,339 (RJ @ $15.2M = $76,595,339)


2010-11 Luxury Tax Threshold: $70,307,000


Minimum Salary = $69,033,144 (RJ @ 15.2M = $75,833,144)

Maximum Salary = $69,795,339 (RJ @ $15.2M = $76,595,339)


Minimum Salary Against Tax = $69,546,921 (RJ @ $15.2M = $76,346,921)

Maximum Salary Against Tax = $70,401,310 (RJ @ $15.2M = $77,201,310)


*Note: Temple and Gee (or Jerrells) represent the high end of cap space available, while Temple, Gee and Jerrells represent the low end. Spurs must have 13 players on the roster; 2 of Temple, Gee or Jerrells are on the team as of this date. All three non-guaranteed players' $762,195 salaries count the same against the tax ($854,389). Gary Neal's $525,000 (also $854,389 against the tax) came out of the Spurs' Mid-Level exception -- $1,840,000 remains. Spurs have their Bi-Annual exception that can total $4,326,400 over 2 years.




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