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July 04, 2009

Felton, $12 million man (temporarily)

 Some of you have emailed me, wondering why it would be so hard for the Bobcats to get under the salary cap. Temporarily, at least, it would be just about impossible because of Raymond Felton's cap hold.

Restricted free agent Felton counts over $12.4 million against Charlotte's salary cap. That's more than twice the qualifying offer -- about $5.5 million -- the Bobcats made to restrict Felton's free-agency.

No one thinks Felton will make that much next season, but it's a safeguard against teams manipulating the system by signing free agents off other rosters before re-signing their own. You might remember the trouble the Miami Heat got into years ago when Alonzo Mourning let it slip he had a handshake deal to re-sign there. That voided the Heat's agreement with then-Washington Wizard Juwan Howard.

Now prominent free agents are assigned these artificially high "holds'' until they're either signed or renounced. If Felton's cap hold sounds high, consider the Mavericks' situation: Until Jason Kidd's free-agency is resolved, he counts over $22 million against Dallas' cap.

Posted by Observer Sports on July 4, 2009 at 11:49 AM | Permalink

Comments

Yea, the cap hold for Felton is 300% of his previous years salary.

Posted by: Will | Jul 4, 2009 12:08:44 PM

nice protection clause, he won't sign for that much,but he is the best pg we got under brown, the guy should know the cats system in out, watch out for our second round pick-brown, definetly a steal in the draft..

Posted by: tim | Jul 4, 2009 12:27:44 PM

May's number was high too, in relation to a guy that was incapable of showing up to work prepared. One more reason to make sure he wasn't extended a qualifying offer.

Posted by: BlockParty | Jul 4, 2009 12:28:16 PM

Great post Rick. Keep up the excellent work.

Posted by: ASChin | Jul 4, 2009 1:17:27 PM

We're still right at the cap without his hold...something like 57-58 million.

Posted by: spectre | Jul 4, 2009 2:34:37 PM

Rick

What do you think about getting McCants? Probably could get him for cheap. Another tarheel. He can score. With the teaching of brown, he would get better on Defense and passing.

Posted by: Deon | Jul 4, 2009 2:39:17 PM

RAYMOND FELTONS NICK NAME IS RAYMAN!!!

Posted by: willi | Jul 4, 2009 2:50:19 PM

I think Felton stinks, but he's too valuable an asset to allow to get away. DJ stays healthy this year, he'll be starting 1 by the end of the year. Count it.

Posted by: I used to sit near Buzz | Jul 4, 2009 3:16:52 PM

Deon:
I don't get real excited about McCants. Pretty unreliable.

Posted by: Rick Bonnell | Jul 4, 2009 3:18:03 PM

Rick-

If you had to put a percentage on it, what do you think the chances are that the Bobcats sign:

a)Brandon Bass

b)Allen Iverson

c)Antonio McDyess

Posted by: ASChin | Jul 4, 2009 4:25:11 PM

Bass 20 percent, Iverson 5 percent, McDyess 10 percent.

Posted by: Rick Bonnell | Jul 4, 2009 4:48:10 PM

"I think Felton stinks, but he's too valuable an asset to allow to get away. DJ stays healthy this year, he'll be starting 1 by the end of the year. Count it."

Stinks...but is a valuable asset?

Way to cover those bases!

Felton is a very good defender and at worst an average distributor. Hopefully DJ can achieve that soon.

Posted by: spectre | Jul 4, 2009 5:42:00 PM

Spectre -- Good point.
Question for "I used to sit near Buzz"
We all hope DJ can be the next stud without injuries" However, at this point is he better than Ray. No way. We all hope DJ can be the next 5" 11'' guard who is the savior for this franchise but until then....Go RAYMOND.....

Posted by: raustin51 | Jul 4, 2009 6:54:12 PM

Thanks Willi for the nickname information. Did that serve a purpose? I can't seem to google alot of information with the name RAYMAN.

Please Explain.

Posted by: raustin51 | Jul 4, 2009 7:10:56 PM

What about Channing Frye as an option for a reserve big man. His numbers have dropped every year but he is still young and talented. Just a thought and his price shouldn't be out of reach.

Posted by: Jaybone | Jul 4, 2009 11:37:58 PM

I THINK FRYE COULD HELP OUT ALOT HIS #S SUCKED LAST YR CAUSE HE RODE THE BENCH BUT HE CAN PLAY THE 4 OR 5. ITS JUST A THOUGHT THOUGH

Posted by: danny wallace | Jul 5, 2009 12:14:55 PM

raustin51, I didn't see a question anywhere in your comment. As for spectre, I suppose I should've qualified my comment to say he's not worth what it will take to sign him. Unlike, say Sean May. Hence, why Felton is took valuable to let go for nothing.

Posted by: I used to sit near Buzz | Jul 5, 2009 4:02:10 PM

too valuable...sorry I am still hungover.

Posted by: I used to sit near Buzz | Jul 5, 2009 4:02:30 PM

Raymond Felton is a starting PG in the league. He never will be the dominate pg like a Chris Paul, but he can be very productive in the right system ala Derrick Fisher & Steve Nash.

He might be a good fit with a ball dominate SG like in Miami (Wade) or Portland (Roy), where he would be a slasher.

Felton has the ability to be drive and dish PG D'antoni offense needs for the Knicks.

Felton have the Basketball IQ, quicks and a decent enough jump shot to thrive as 4th fiddle starting PG for the Lakers. Ultimately I think that would be the best fit for him.

He is a $8 million a year player (just like Charlie V.)

Posted by: Dan | Jul 8, 2009 12:19:22 AM

tim, why would he know the system any better than any other player who was here last year?

Dan, Felton would never fit in anywhere where he gets the ball in his hands, because he loves to jack up terrible 20-footers even though he can't shoot. And if he's an $8 mil a year player, where are all of those offers?

Posted by: Michael Procton | Jul 12, 2009 1:10:01 AM

The comments to this entry are closed.

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