He got an expensive contract and the Lakers waived him but do still have to pay him. So it clears up a spot on the roster itself but counts against the cap, if I’m not mistaken.
@@Bsfnelz20 they waived/bought him out (and then "stretched out" the remaining amount they owed him so it was only $5M for each of the next few years instead of, i assume, a much larger amount for the 1-2 years left on the original contract--i'm pretty sure this is just an accounting maneuver as far as it counting towards the cap in any given year, he still got paid when he was supposed to). he signed with another team after the lakers but retired due to injuries or something.
it's really not. each team has ~$110M in salary cap. 30 teams in league. so average annual total play payroll is gonna be around $3.3B. none of this is new information.
@@henrydingliu yeah I know it is over the length of their whole contract but that stat is still crazy. I know it is not new but when you put all the cap space for each team all together like they have here it is crazy to think that all these players are paid that much money
@@hansfromcongo6322 Agreed. It goes to show that if you can show any level of competence in the NBA for a few years, you're going to be filthy rich. The Bulls just signed Alex Caruso and his 6.4 PPG to four years and $37 M. I know scoring isn't everything, but the big point is how massively salaries inflated in the past 7 or 8 seasons. Just in 2014, six players earned more than $20 M a season, led by Kobe at $30.5 M, but just this last year 51 players earned more than $20 M, led by Steph Curry at $43M, and 22 players' earning more than Kobe's $30.5 M.
He believed he was right on NBA contracts more firmly than I believe in anything in my life. It was a live, real-time instance of the Backfire Effect where the facts made him cling to his beliefs with with more and more fervor. Given how easy it was for him to verify his position, it really shows how powerful the Backfire Effect can be and explains a _lot_ of what is going on in the world right now.
I LOVE this video! The information content was awesome but the animation using the old video games as a set up was amazing. keep up the great work. Loved the simcity shout out in there too! keep up the great work.
Excellent excellent work! As a 2K MyGM addict, learning the cap and understanding the the moves of front offices makes the game of basketball so much more fun.
Amazing content! I watched a similar video bout NFL contracts. When I started getting deeper into my obsession with the league... this info comes in real handy when trying to keep up with analysts on podcasts or what have you.
Fuck yes, this is the good shit I like to see from sports outlets. The creativity mixed with the very helpful and educational language of the video is perfect for veteran fans and newcomers alike.
Hang this video in The Louvre, I'm trying to learn basketball this year so I'm not totally bored when baseball and football end, and this kind of stuff is perfect for introducing someone to the sport.
Would it be better or worse for the league to get rid of cap hits for guys who teams re-sign after they've drafted them or the player has been on the team for 4+ consecutive years? You'd still have a salary cap, it would have to shrink, but only guys a team has traded for or signed as a FA from another organization would count against the cap.
How much should the midlevel exception be? Why does it change from team to team and year to year? Example, how did Boston wind up with 29M midlevel exception last year?
Question: with how many years left on a contract can a player sign a extension? Example: a 4yr original contract, can a player sign a extension with 3yrs, 2yrs or would it have to be the last year of his contract?
Where does the tax payment go to that these teams so often pay? Is it reinvested into the league? Used for NBA executive bonuses? Donated to local team charities?
This the content we real nba heads want. Excellent stuff from the Ringer.
There was zero new information to a real NBA head
@@ericarechiga9752 let us all acknowledge you as a real nba head 😍😍😍😍😍😍 do you feel better??
@@ericarechiga9752 I bet you’re fun at parties
What if I'm just an NBA arm? Or what about the NBA feet out there?!
@@ericarechiga9752 bro ur soooo cool, you must get all the bitches
This feels like an SB Nation/ Secret Base video. Good work folks.
For a “corporate” entity TH-cam channel. About near the best compliment you can give. Comparison to another Platform Star.
Yep they been watchin
Secret Base is goat tier
Error Error Error does not compute luol Deng is still the 4th highest paid players for the lakers.
lol
He got an expensive contract and the Lakers waived him but do still have to pay him. So it clears up a spot on the roster itself but counts against the cap, if I’m not mistaken.
What happened with that does he not want to play no more or did they tell him we'll pay you to stay home or can he sign somewhere else
@@Bsfnelz20 they waived/bought him out (and then "stretched out" the remaining amount they owed him so it was only $5M for each of the next few years instead of, i assume, a much larger amount for the 1-2 years left on the original contract--i'm pretty sure this is just an accounting maneuver as far as it counting towards the cap in any given year, he still got paid when he was supposed to). he signed with another team after the lakers but retired due to injuries or something.
Jim Buss decisions still being a thorn in the Lakers side. Thank god we got rid of Mosgov.
That Tetris section had me more anxious than I’d like to admit 😂
WHY DID THEY USE THE SQUARE
Shoutout to Ingenuity Studios for the animation.
Really good work.
No way this was an easy project.
Excellent!
Excellent video. Singing “mid level exception” was unironically absolutely necessary.
surprise bill wurtz
Holy crap the animations and feel of this whole video is amazing. Bill, promote this man now so we can have many many more of these.
bill wurtz vibes from the mid level exception segment
I thought exactly the same. Big history of the entire world I guess vibes
yesss!! my bill wurtz senses were tingling
Luxury Tax Apron refers to a boxing ring apron, which is outside the ropes forming the boundary of the ring, but still on the ring's surface.
Such a great video! I always wanted somebody break down mid level exceptions, how teams get by over the cap & incentives. Thank you!!!
1:54 that pie chart is crazy all the players in the NBA put together make over $11 billion. Wow.
not per year
@@henrydingliu That's still pretty nuts if you think about it.
it's really not. each team has ~$110M in salary cap. 30 teams in league. so average annual total play payroll is gonna be around $3.3B. none of this is new information.
@@henrydingliu yeah I know it is over the length of their whole contract but that stat is still crazy. I know it is not new but when you put all the cap space for each team all together like they have here it is crazy to think that all these players are paid that much money
@@hansfromcongo6322 Agreed. It goes to show that if you can show any level of competence in the NBA for a few years, you're going to be filthy rich. The Bulls just signed Alex Caruso and his 6.4 PPG to four years and $37 M. I know scoring isn't everything, but the big point is how massively salaries inflated in the past 7 or 8 seasons. Just in 2014, six players earned more than $20 M a season, led by Kobe at $30.5 M, but just this last year 51 players earned more than $20 M, led by Steph Curry at $43M, and 22 players' earning more than Kobe's $30.5 M.
Your video is so informative that it should be forwarded to 76ers as a front office training material.
I don't think they ever got it lol
I was preparing to bring up Marshall as soon as the video started and you beat me to it. Well played Ringer
That was a bad moment for Brandon Marshall 🤦
He believed he was right on NBA contracts more firmly than I believe in anything in my life. It was a live, real-time instance of the Backfire Effect where the facts made him cling to his beliefs with with more and more fervor. Given how easy it was for him to verify his position, it really shows how powerful the Backfire Effect can be and explains a _lot_ of what is going on in the world right now.
"Mid level exception" got me so hard. great video folks, well done
Absolutely fantastic video. The animations and the details that took such a complex topic and broke it down - amazing.
I LOVE this video! The information content was awesome but the animation using the old video games as a set up was amazing. keep up the great work. Loved the simcity shout out in there too! keep up the great work.
genuinely hope bill wurtz is getting a bag everyone is doing his jokes now lol
excellent and engaging video. way to go breaking down the complicated bureaucracy in the League
Now THIS is the content we want. Great stuff guys !!!!
Excellent excellent work! As a 2K MyGM addict, learning the cap and understanding the the moves of front offices makes the game of basketball so much more fun.
Amazing content! I watched a similar video bout NFL contracts. When I started getting deeper into my obsession with the league... this info comes in real handy when trying to keep up with analysts on podcasts or what have you.
I completely understand all those channels are throwing out big words and Numbers that no one gets that's why I started my channel!
Excellent work Ringer! Always enjoy learning about pay structures of various sports leagues 😃🙌
Great explanation. My problem is players getting a max contract that don't deserve it because their team has no better options.
Fuck yes, this is the good shit I like to see from sports outlets. The creativity mixed with the very helpful and educational language of the video is perfect for veteran fans and newcomers alike.
Hang this video in The Louvre, I'm trying to learn basketball this year so I'm not totally bored when baseball and football end, and this kind of stuff is perfect for introducing someone to the sport.
well people i'm back to square one, I have no clue how the NBA contract works but I love this video
damn y'all put some effort into this and it shows
Not sure what I watched but will rewatch it again :D
That "Mid Level Exception" tho 😂
Finally a video of reasonable length I can send to my friends that dont understand how the NBA cap works.
Graphics of this video is off the charts
This was such a good video. You’ve earned yourself a sub
Very informative video! Great work!
Bravo ABC. A fitting Australian companion/spin-off to the Last Dance series.
Fantastic primer for the part of the season every fan can get excited for: the off-season.
Anyone have a source for the outro song?
They gave kevin quite a bit of muscle for this cartoon lol
This is such a good Video
Absolutely loved this one!
Great video! Thank youb
this is why I’m subscribed
This content is really good hope to see more
Great content right here
Great vid!
Love to see the Coffin Flop clip - incredible.
Great vid this style is good
🎵🎶Mid Level Exception🎵🎶
amazing work!
Was that Isaac Lee on the MLE Jingle?
Goat content
great video!
Props for the Coffin Flop clip
I thought i had clicked on another video by mistake when this dude sang that "mid-level exception". Absolute necessary, that
It's a lot more complicated than it needs to be, but thanks for at least making me understand it a bit better, even by 20%
Subscribed to the channel thanks to the mid-level exception song lol
More of this. Nba new cba explained would be great
Next level content right here💯
This was very interesting. Love the illustration.
This was very important
this was fantastic
Great video
Wish I understood anything in it
Need more views tbh
absolute quality content! LOVE IT!
🗣 Mid-Level Exceptiioooooooonnnnn
This contract system favors big city markets, right?
10:07 i thought an ad played rq
Crazy how harden really left in 2022🤣
Being an NBA GM is a fucking chess game.
6:00 can't stop, won't stop
Can we get a video on the soccer transfer market?
amazing video !!
this is a great video but i watched the whole thing not understanding half of what was being explained 😂
Would it be better or worse for the league to get rid of cap hits for guys who teams re-sign after they've drafted them or the player has been on the team for 4+ consecutive years?
You'd still have a salary cap, it would have to shrink, but only guys a team has traded for or signed as a FA from another organization would count against the cap.
So basically you're saying Brandon Marshall doesn't know what the hell he's talking about.
🤣
This needs 50 million views
Then all the comments would be more sensible
great video - more pls
Amazing video
Great video. Thanks!
I loved the video so much it’s hard for me to find info like this unless it’s in a massive boring article
Great content
I can't seem to get "mid-level exception" out of my head. Great video though.
10:41 havent seen this inn years sheesh
amazing work
This is a good video. Well done
ESPN aren't that sophisticated to create this type of content. The only thing they can measure is how much a player wants to win more than the other.
Bruh idk why I got scared when the mid level exception shit popped up
Sheeesh, nice video guys
Awesome video! 👏
This was awesome!!!!
I am now one step closer in understanding quantum physics.
the big short djenga would have been perfect for 12:45
such a great video!
How much should the midlevel exception be? Why does it change from team to team and year to year? Example, how did Boston wind up with 29M midlevel exception last year?
Question: with how many years left on a contract can a player sign a extension? Example: a 4yr original contract, can a player sign a extension with 3yrs, 2yrs or would it have to be the last year of his contract?
Miiiid Level Exceeeeptiooooooon.......
Sing it, baby...
You called it. Its looking like Harden might leave
Where does the tax payment go to that these teams so often pay? Is it reinvested into the league? Used for NBA executive bonuses? Donated to local team charities?
When you sort this out.
Could you also tell us wtf is happening with the Saints salary cap?
Cause I'm sure they'e been over for years now...
Can you talk about mls contrast?
I love the 80s vibe to this