With all the attention that's placed on the salary cap, people can sometimes forget there’s also a salary floor. It’s not often we see that come in to play – spending too little is one problem the Flyers will never encounter – but after trading Jrue Holiday for draft picks and making no attempt to sign any free agents, the 76ers are way under.
According to ProBasketballTalk, the acquisition of Tony Wroten brings the Sixers to about $10 million below the NBA’s floor. Given that the franchise is not interested in adding any big contracts, and there are no remaining free agents worth awarding that amount of money in the first place, it’s difficult to see how Sam Hinkie is going to get there without some wheeling and dealing.
Which begs the question: what happens if the Sixers don’t get above the minimum?
The short answer is nothing.
Nothing happens to the Sixers. They are going to take that $10 million figure or whatever it happens to be once the season starts, and they’re going to write a check to the NBA.
With the addition of Tony Wroten, the Sixers have 11 guaranteed contracts (if you count first round picks) totaling $42.8 million — new Sixers GM Sam Hinkie needs to add $10 million in salary by the end of the season to make the minimum. (Salary figures via Sham Sports and Hoopsworld.) If they don’t make the number the penalty is… just having to pay what they are short to the league. So, nothing really.
The important thing here is there is no real penalty if the Sixers don’t reach the floor. A franchise can be as terrible as they want as long as they are willing to foot the bill.
>> Sixers need to add $10 million in salary to make minimum [PBT]
Editor's Note: The following is sponsored content written by TicketIQ.
Penn State is headed to the Rose Bowl Game, and it will cost a pretty penny to be on hand in Pasadena on January 2.
With a statement win over Wisconsin in the Big Ten Championship Game Penn State clinched their first Rose Bowl berth since 2009. The No. 5 school in the nation will face No. 9 USC in a rematch from seven years ago. Such a long absence for both schools in the bowl game is driving resale ticket prices to new heights, so much so that the Rose Bowl Game will be the most expensive bowl game this season – including the two Semifinal games.
On TicketIQ, an event ticket search engine that pools tickets and data from over 90 percent of the secondary market, the average resale price for Rose Bowl Game tickets is now $804. Not only does that make it the most expensive Rose Bowl since at least 2010, but also the priciest bowl game of the last seven seasons. If looking just to get in on January 2 the cheapest tickets are now priced from $346 each.
The showdown between Penn State and USC is so expensive that it will be more than twice the average price of both Semifinal games. As it stands now the resale average for Peach Bowl tickets between Alabama and Washington at Georgia Dome is $389 with a get-in price of $185. Clemson and Ohio State will clash in the Fiesta Bowl to the tune of a $241 average and $71 get-in price.
Prices are so high for this year’s game in Pasadena that they rival the 2015 National Championship Game. The first-ever Championship Game under the new College Football Playoff system, that year’s game between Ohio State and Oregon averaged a $858 ticket and $317 get-in price.
While Penn State fans, students and alumni raced to snag tickets during the general on sale, prices were quick to skyrocket on the secondary market following the school’s invitation to the Rose Bowl Game. On Saturday afternoon, several hours before the Big Ten Championship kickoff, Rose Bowl tickets were averaging under $600, marking a nearly 40 percent increase since that time. The cheapest resale ticket price has jumped more than $100 since Saturday, climbing from its $245 price tag since.