How Much Speedway Pay? [Solved!]

Going into the 2017 season, the question on everyone’s minds is how much money will the new TV contracts bring in? It is still too soon to answer this question accurately, but it’s also not fair to judge the value of a network’s investment based on the salary cap. This article will break down the important things to keep in mind when deciding how much money you’ll need to shell out in salaries this coming year.

Where Do You Stand?

The first and most critical step to becoming cap-friendly is to figure out where you stand financially. This is important because you don’t want to make any hasty decisions regarding player contracts based on your current situation. Take a few minutes and create a Salary Cap Budget, listing every single dollar that you’re certain of. You can use the tools that your league provides or you can do it manually. Either way, creating a budget will give you a clear picture of where you stand financially. Based on how much money you have available, you can determine how much you’re willing to spend on players. Keep in mind that every single dollar not spent on players will be available for re-investment in other areas of your team. The key to being cap-friendly is to have every last dollar accounted for. This point cannot be stressed enough. There will always be some amount of wiggle room; that’s what makes this number so variable. However, you want to make sure that you don’t go over the allotted amount. Going over the amount will lead to you having to pay an increased amount of tax. The worst thing you can do is spend more than you have available and find yourself in tax hell. Nobody likes paying taxes, especially when it’s not necessary. Create a plan and stick to it. This is how much you need to spend to be financially compliant.

What Are The New Contracts Worth?

Once you know where you stand, it’s time to figure out how much money the new contracts will actually bring in. The most accessible and easiest way to do this is by using online tools that have been made available by the teams and the leagues themselves. One of the best websites for this purpose is capwarrior.com. You can get a free membership with this website which will give you access to a database of contracts from all over the NBA. The database is updated daily, so you’ll always have the most current figures at your fingertips. Using a tool like this will make figuring out the new TV deal much easier. You’ll simply have to input your salary details and the tool will do the rest. In terms of the 2017-18 NBA season, the projected values are as follows:

  • $7,966,400
  • $7,775,600
  • $7,542,400
  • $7,258,600
  • $6,962,400
  • $6,704,400
  • $6,429,200
  • $6,140,400
  • $5,862,400
  • $5,604,400
  • $5,338,400
  • $4,983,200
  • $4,723,600
  • $4,468,400
  • $4,192,600
  • $3,928,400
  • $3,673,600
  • $3,416,400
  • $3,125,600
  • $2,853,400
  • $2,571,600
  • $2,299,400
  • $2,021,600
  • $1,753,400
  • $1,474,600
  • $1,188,400
  • $1,013,600
  • $744,400
  • $593,600
  • $453,400
  • $323,600
  • $202,400
  • $96,000
  • $66,400
  • $50,400
  • $36,000
  • $24,800
  • $14,400
  • $7,600

The Downsides To This

While it’s great to have access to this information, there are a few things to keep in mind when looking at these figures. First, they are based on the assumption that your team will remain at the same cap level as last year. This is not always the case, however. Teams can and will have bigger and better offers that your present team may not be able to match. In the case that a team decides to sign a big-name player that is far more expensive than what your team is paying, it could mean a significant decrease in your cap room. This is why it’s so important to try to keep an accurate accounting of every single dollar that you have.

Beware Of Opinions

Unfortunately, there are many people who try to take advantage of those who are less fortunate. These are the guys who pop up in every single fan-made forum on the internet, trying to give their two cents on the contracts that your team is likely to offer. These are the same people who judge you based on the deal that your team makes, rather than the quality of the player you acquire. Opinions are almost always subjective and, in most cases, completely irrelevant. The only way to avoid this problem is to ignore these people. This means that you will likely never hear the end of it if you begin to go over your salary budget. Everyone wants to have their say, but nobody wants to be responsible for making poor decisions based on their opinion.

Keep Your Eyes Open For Contracts

Another thing to keep an eye out for are contracts that might be available for the offseason. Some people like to wait until the last possible moment to make sure that they offer their star player contract. If you decide to do so, make sure that you are aware of the risks involved. In most cases, these types of contracts don’t include any sort of payment, either. In other words, your team will not receive any financial gain, or detriment, from the player in question. This can create additional problems down the road. Avoid these situations if you can. Use your resources and keep your eyes open for contracts that might be available. The information above should provide you with a good idea of how much money the new TV contracts will probably be worth. It is still too soon to know for sure, but it’s also too late to take any chances based on speculation. The important thing is to stay organized and be ready. If you follow these guidelines, you’ll be able to keep your team as close to the cap floor as possible and, in some cases, below it.

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