The Timberwolves signed '95 No. 1 pick Joe Smith with their middle-class exception, and it suddenly became a big news.

When the 95 generation got the top salary, the champion only got an annual salary of $1.75 million, which was condescending, Minnesota is really a place to attract talent!

The 95 generation rookie contract expires and is renewed, and the 96 generation contract has one year left, and it can also be renewed early.

In order to prevent what happened to McDyce, the teams offered a six-year salary to the 96 generation.

(Because there is still one year left on the contract to expire, the rookie in '96 will extend with the home team for a maximum of 6 years, adding up to a total of 7 years.) ）

The 76ers renewed Iverson and Big Z with the highest salary, the Lakers renewed Kobe Bryant's maximum salary, the Celtics renewed Walker's maximum salary, the Grizzlies renewed Raheem's maximum salary, and the Bucks renewed Ray Allen with the highest salary......

The rookies have a six-year contract extension with a maximum salary of 70 million, and Garnett is 126 million for six years, so it can be said that Garnett alone has close to two superstars. But Li Wei did not regret giving Garnett a big contract at all, because he was not given a contract at that time, and he could jump ship at any time this year like McDyes.

What's more, Li Wei's big contract smashed so hard that it scared all the bosses, so the league was ruthless, and would rather suspend it indefinitely than formulate the maximum salary rules!

"I've done a good thing for the Alliance!"

The maximum salary rule is in place, and the Knicks can benefit from this rule as well, so what boss wouldn't want to take a little less?

In addition, Li Wei presciently signed a back-pay contract, and Garnett's salary will be less and less every year. When Garnett enters the two years with the lowest salary, Nowitzki and Daya's rookie contracts expire and the Knicks don't have to pay too much luxury tax.

Some people may want to ask, how much does the boss of the alliance really make?

From the salary cap, we can estimate the average earnings of an NBA team. The salary cap is calculated by multiplying the estimated basketball-related income for the year by the appropriate percentage (typically between 40% and 50%, such as 48.4% in '01-05), minus the estimated retirement allowance, and then dividing by the number of teams in the league.

To put it simply, if each team's gross salary can be stuck on the salary cap, no more, no less, then the entire NBA's basketball-related income (most of the NBA's income is basketball-related income, even including parking fees and beverage sales revenue) is about half of all players and the other half of all owners.

For example, if the salary cap is 30 million, then about 60 million net income per team on average, and if you pay 30 million wages, you can still earn 30 million.

However, the income of the big ball market and the small ball market is completely different. For example, the Vancouver Grizzlies, there are not many basketball fans in Vancouver, the team has a bad record, and the income from advertising and the like is small, it may only earn 10 million. If the alliance robs the rich and helps the poor, and gives him another 15 million, then its total income will be 25 million, and if it pays 30 million in wages, the boss will have to pay 5 million.

On the New York Knicks' side, it may net 200 million, and it was robbed by the alliance of 100 million to help poor households, and it still has 100 million in its hands. After paying 30 million in salary, he can still net 70 million.

Of course, this is just figurative data, if the real data is true, if the Knicks run well, the total income can easily exceed the salary cap by more than 4 times, and the business is sparse, then there is also a 2 times the guarantee.

Even if the team in New York is the bottom of the league, everyone is abusive, and other teams can win it by 30 or 40 points with all the substitutes, and the fans who watch the home team abuse are enough to prop up the box office, this is the magic of big cities!

The NBA's salary cap is not a hard salary cap, as each team can renew their team's player cap because of the Larry Bird clause and the early-bird, non-bird clause.

As introduced in the previous chapter, the Bird clause states that if you play for a team for more than three years (the length of the transfer due to a team deal can be cumulative), you can renew your contract with that team without restrictions (now there is a maximum salary, and the contract can only be opened up to the maximum salary).

An early bird is a player who has played for his parent club for two years and can sign a contract extension, but his salary is limited, up to 175% of last season's salary and the league-wide average.

Non-birds are those who have been with the company for one year and can also renew their contracts, but their salaries are more restricted, and their salaries cannot increase by more than 20% from the previous season, or 20% of the minimum salary for that season.

In addition, super cap teams can use middle-class exceptions or base salaries to sign free agents from other teams or outside the league, so big city teams have deep pockets and don't care about salary caps, and they try their best to overshoot caps and build luxury rosters!

For example, the New York Knicks - what, the salary cap is only 30 million? I paid 60 million and still made a lot of money, why should I be restricted?

And the Vancouver Grizzlies are struggling - if you don't overtake the hat, you have to pay for it, how can you live if you exceed the hat? The boss's net worth is average, and there is no way to fill this bottomless pit!

In order to limit teams in big cities, the concept of luxury tax was specifically introduced in the collective bargaining agreement.

In the '02-03 season, for example, 48.4 percent of basketball-related income was the salary cap and 55 percent was the luxury tax line.

That year's salary cap was 40.27 million, and the luxury tax line was 45.76 million. If you're over the pay cap but haven't reached the luxury tax line, that's okay, the league doesn't matter. But you're going to go over the luxury tax line, and you'll pay me as much tax as you exceed!

However, after the league introduced the luxury tax, it still failed to stop those big city teams. For example, in the 02-03 season, the total salary of the New York Knicks was close to 100 million, which means that people paid nearly 100 million in wages and paid 50 million in luxury tax.

In order to limit the Knicks, Lakers and other teams, in the subsequent shutdown, the league added a ladder luxury tax. If you are rich enough to give a player a salary of 10 million, you may have to pay 60 or 70 million in taxes. In addition, there is a penalty for exceeding the hat for many consecutive years, and if you exceed the hat for four or five consecutive years, then the tax amount will have to be doubled. There is also the local tyrant line, and all kinds of exceptions and transactions for the teams that cross the line are restricted, and so on.

In short, the NBA pays attention to the emperor taking turns to sit and come to my house next year. It is becoming increasingly difficult for big-ball teams to bully small-ball teams with financial advantages.

However, now the league has not come up with those tricks to deal with the giants, just a salary cap and luxury tax. The luxury tax is not a tiered system, that is, there are many fines for exceeding, and there are no previous seasons, and it has only been levied according to the situation since the 01-02 season.

In the previous life, the NBA's 01-02 season did not trigger the conditions for the imposition of luxury tax, and in the 02-03 season, the Knicks and other big dogs paid the tax for the first time.

This year, due to the shutdown of the league, it was no longer possible to budget the salary cap with the previous formula, and the league directly set a whole number, and the salary cap was 30 million.

Last season, Garnett only received a rookie salary of 2 million, so after the Knicks signed Bo Outlaw, the team's total salary was just right.

Garnett's annual salary this season is 28 million, almost alone fills the salary cap of the entire team, plus the contract of Alan Houston and others will be raised, the total salary of the Knicks is as high as 52 million!

It's over-capped, and even over-capped by 22 million!

Therefore, there is no need to worry about Garnett's big contract locking up the Knicks' salary space and affecting the Knicks' reinforcements. Even if he only receives an annual salary of 8 million, the Knicks are also a super cap team, and there is no salary space!

But for the Knicks, the 22 million caps are a real drizzle, and the luxury tax hasn't started this year, and it's even more of a drizzle.

Even if Li Wei sold the team's superstar Ewing, as well as stars such as Big Mom and Starks, coupled with the crazy swing at the beginning of the season, the team's income was greatly affected, but the Knicks still made a lot of money.

And this year is definitely the bottom of the Knicks, and after entering the 21st century, the Knicks will make more and more money.

In the 15-16 season, the Knicks ranked third from the bottom in the East, but their total income was the first in the league, with $376 million. After deducting the ball staff and other expenses, the boss made a net profit of 141 million.

The Lakers' record is the first in the West, but the total income is the second positive in the league, 333 million, and the owner nets 119 million.

Los Angeles is the second largest ball market in the United States, and this season is Kobe's last season, and it is not surprising that the Lakers still hold this big money-attracting sign and make a lot of money.

The third in total income is the Golden State Warriors, who have 73 wins and 9 losses in the season, have consecutive MVPs, and attract fans all over the world to go crazy, with 305 million and a net profit of 74.2 million.

That year's championship Cavaliers had the fifth-highest total income, 233 million, but due to the payment of a large amount of luxury tax, owner Gilbert lost 40.2 million this year.

This is the season in which the NBA has just signed a huge nine-year, $24 billion television contract, but the salary cap has not had time to rise, and it can be said that the owners have made the most money in the season. But everyone makes money, and the Knicks, who have been rotten for more than ten years and have not improved, can still beat the giants Lakers, 73 wins over the Warriors, and the Cavaliers, who have the first person in the league!

The Knicks really aren't bad for money!