It's not so much about affording it, it's that he's going to get overpaid and frankly I think a lot of people don't believe he's worth the pay increase.
That's completely logical, to think he's not worth the pay increase.
I'm not even a big fan of Plumlee, never have been.
But people are saying Portland can't afford it all over these boards... When they technically can.
NBA isn't the NFL where a cap means you're screwed. NBA has a soft & a hard cap. One can be exceeded, while the other can't be for any reason.
Because we need to improve that position. In signing him, we push ourselves over, thus giving us little room to make any other moves to improve the roster.
Trading him now in a package for a needle mover is more valuable than he is to this roster if we are gonna go over. So if we are gonna go over, then lets to it for something that improves the team nad not keeps us where we are at.
Its a not that we cant, I think its just foolish to do so. UNLESS he is willing to take much less as a backup C for Noel or Whiteside.
Without a new contract for Plumlee Portland is right at the soft cap or already over. Contracts will have to be close to matching regardless.
According to sporac there is a 26k difference before Portland hits the soft cap.(if I read that correctly)
I think it would be more foolish to let him walk for nothing.
Which until there are trade announced, the only thing that is 100% on the table is resign, or walk.
I'd trade Plumlee,
but not due to his pending new contract. Due to the fact that I don't believe you can win a championship with him in the rotation.
For discussion only, let’s assume the Blazers are right at the LT and re-sign Plumlee to a $15 million per year extension, all of which is in the LT.
The tax on the first $5 million is $7.5 million
The tax on the second $5 million is $8.75 million
The tax on the last $5 million is $12.5 million.
Total LT would be $28.75 million & $15 million salary. Plumlee would cost the Blazers $43.75 million his first season on a new contract.
The second season and beyond, the repeater tax kicks in. Plumlee’s contract would cost an additional $15 million in repeater tax for a total of $58.75 million per season.
Lots of assumptions in this example, but hope this gives you an idea of what might happen, and why something has to happen to make re-signing Plumlee a good business decision.
Letting a productive player walk for nothing, or trading him for peanuts is a bad business decision.
However
It's not about good or bad business decisions.
It's about weather or not Portland has the $ to resign him if they want to.(which was my original question)
Due to the soft cap, and hard cap of the NBA. Portland is able to resign Plumlee if they want to. They have the available money to do so.
People are up in arms about the LT, however no one on this board knows if Allen is willing to pay it or isn't.
Portland has a history of not wanting players to leave for nothing, or so that's what has been reported.
I'd say that is more telling of what will happen if Plumlee isn't traded and Portland has the option of to let him walk, or max.