As mentioned before I have started to follow the NBA. The ability to reshape a team, almost overnight, is pretty interesting stuff.
However, I also follow it, in part, because I believe that the NBA's management know-how, when it comes to Cap managing a team at least, is far ahead of that of most NHL general managers. There are lessons there to be learned.
What Matters in the NBA
What matters are these four things (in order):
1. Acquiring superior talent;
2. Having money and spending it wisely;
3. Well rounded roster; and
4. Coaching well-matched to the talent
Not much different from any sport really (shoulda known!).
The Salary Cap and Luxury Tax issues only matter on the way to, and at the close of, the accomplishment of those four things.
One area where the two sports differ, markedly, is the extent to which the possession of superior talent affects the record of a team. Because the NBA game is only 48 minutes long and most starters play 30+ mins a night a top-tier player will affect as much as (and sometimes more) two-thirds of a teams 'game'.
In the NHL, other than the goalie (who plays the entire game), only a handful of players will log more than 25 minutes a game over the course of a season. Given an NHL game is 60 minutes long the math says that no matter how good a player like Ovechkin is he will put less time in on the ice than a Kobe or Lebron.
Which means that in the NBA there are few things more important than acquiring superior talent. #1 with a bullet.
Now We Talk Money
Much like in the NHL superior talent will only show up in one of three ways:
1. Top-end draft picks
2. Lucky draft picks
3. Smart, aggressive management with money
As the first two options are pretty standard I will spare a few more moments to discuss the last - smart, aggressive management WITH money.
The NBA Salary Cap sits around $57.3 million while the Luxury Tax kicks in (dollar for dollar) at roughly $69.9 million. The Luxury Tax threshold comes with an extra kick however - teams under the Tax get as much as $4.5 million as part of a share of the taxes paid by those over the Tax.
i.e. Salaries totalling $69.9 million have an effective cost of $65.4 million while Salaries totalling $70 million have an effective cost of $70.1 million.
That last $100k is a killer.
However. The correlation between paying the Tax and being a play-off bound team is pretty strong (I use hoopshype). Check the link.
Excepting the Knicks and the Wizards almost all the teams listed (15 in all) as paying the Tax are either IN the play-offs or probable for it.
Excepting the Raptors, Bobcats, Hawks, Blazers and Grizzlies most teams listed (15 in all) as not paying the Tax are out of the play-offs.
To be fair, that Western Conference is nuts.
Why?
Go back to what I said about smart, aggressive management with money.
Sooner or later one of the teams that doesn't like to, or cannot, pay the Tax will HAVE to dump a good player. And that is where a team WITH money can come in and get said player.
That isn't always easy however. The NBA has a trade kicker (actually, there are several) wherein salaries have to, more or less, match up. So the trick is being able to match up.
Much easier to do that if you are already spending more than you need to. The key is having expiring contracts available.
Expiring contracts - contracts that end in the current year - can have a lot of value in the NBA. Houston, a team that is paying Tracy McGrady $23 million NOT to play may be able to improve their team by trading him to Philadelphia or Chicago - teams that want to dump NEXT year's salary.
Want to build a winner in the NBA - spend the cash.
Reload or Rebuild?
Okay, granted, while the margin for error is much higher in the NHL (larger rosters, well paid middle class and no skater plays 60%+ of the available ice-time), the NHL isn't all that different from the NBA.
Next post will be the final one of this series.
------
Have a great evening everyone.
However, I also follow it, in part, because I believe that the NBA's management know-how, when it comes to Cap managing a team at least, is far ahead of that of most NHL general managers. There are lessons there to be learned.
What Matters in the NBA
What matters are these four things (in order):
1. Acquiring superior talent;
2. Having money and spending it wisely;
3. Well rounded roster; and
4. Coaching well-matched to the talent
Not much different from any sport really (shoulda known!).
The Salary Cap and Luxury Tax issues only matter on the way to, and at the close of, the accomplishment of those four things.
One area where the two sports differ, markedly, is the extent to which the possession of superior talent affects the record of a team. Because the NBA game is only 48 minutes long and most starters play 30+ mins a night a top-tier player will affect as much as (and sometimes more) two-thirds of a teams 'game'.
In the NHL, other than the goalie (who plays the entire game), only a handful of players will log more than 25 minutes a game over the course of a season. Given an NHL game is 60 minutes long the math says that no matter how good a player like Ovechkin is he will put less time in on the ice than a Kobe or Lebron.
Which means that in the NBA there are few things more important than acquiring superior talent. #1 with a bullet.
Now We Talk Money
Much like in the NHL superior talent will only show up in one of three ways:
1. Top-end draft picks
2. Lucky draft picks
3. Smart, aggressive management with money
As the first two options are pretty standard I will spare a few more moments to discuss the last - smart, aggressive management WITH money.
The NBA Salary Cap sits around $57.3 million while the Luxury Tax kicks in (dollar for dollar) at roughly $69.9 million. The Luxury Tax threshold comes with an extra kick however - teams under the Tax get as much as $4.5 million as part of a share of the taxes paid by those over the Tax.
i.e. Salaries totalling $69.9 million have an effective cost of $65.4 million while Salaries totalling $70 million have an effective cost of $70.1 million.
That last $100k is a killer.
However. The correlation between paying the Tax and being a play-off bound team is pretty strong (I use hoopshype). Check the link.
Excepting the Knicks and the Wizards almost all the teams listed (15 in all) as paying the Tax are either IN the play-offs or probable for it.
Excepting the Raptors, Bobcats, Hawks, Blazers and Grizzlies most teams listed (15 in all) as not paying the Tax are out of the play-offs.
To be fair, that Western Conference is nuts.
Why?
Go back to what I said about smart, aggressive management with money.
Sooner or later one of the teams that doesn't like to, or cannot, pay the Tax will HAVE to dump a good player. And that is where a team WITH money can come in and get said player.
That isn't always easy however. The NBA has a trade kicker (actually, there are several) wherein salaries have to, more or less, match up. So the trick is being able to match up.
Much easier to do that if you are already spending more than you need to. The key is having expiring contracts available.
Expiring contracts - contracts that end in the current year - can have a lot of value in the NBA. Houston, a team that is paying Tracy McGrady $23 million NOT to play may be able to improve their team by trading him to Philadelphia or Chicago - teams that want to dump NEXT year's salary.
Want to build a winner in the NBA - spend the cash.
Reload or Rebuild?
Okay, granted, while the margin for error is much higher in the NHL (larger rosters, well paid middle class and no skater plays 60%+ of the available ice-time), the NHL isn't all that different from the NBA.
Next post will be the final one of this series.
------
Have a great evening everyone.