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player salaries floor

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From: 8ants
This Post:
00
181584.1
Date: 4/19/2011 12:14:46 PM
Overall Posts Rated:
2626
Anyone know what the "Player Salaries Floor" at the bottom of the Economics page is all about? I don't remember seeing that there before....

This Post:
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181584.2 in reply to 181584.1
Date: 4/19/2011 12:18:51 PM
Aussie Pride
ABBL
Overall Posts Rated:
546546
We will probably know more when there is an announcement about the changes this season.

From: Rashmon
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181584.3 in reply to 181584.2
Date: 4/19/2011 9:16:51 PM
Rashmonsters
III.7
Overall Posts Rated:
44
Any additional clarification available on what the salary floor means? Thanks.

This Post:
11
181584.4 in reply to 181584.3
Date: 4/19/2011 9:20:01 PM
Overall Posts Rated:
8989
From the News on the main page:

In return, owners have agreed to a minimum salary for each league, linked to the shared television contract. Teams with total salaries below this floor will contribute the remainder to player pensions. Pensions, of course, were at the center of the lawsuit filed by retired players claiming their careers should have been extended, but were reduced due to medical staff whose skills were allegedly often “basic” or even “minimal”.


Basically, if your league has a floor of 70K and your roster totals 40K, the other 30K goes to "pensions", which is just an in-universe way of saying you were fined for being below league minimum.

This Post:
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181584.5 in reply to 181584.3
Date: 4/19/2011 9:21:02 PM
Aussie Pride
ABBL
Overall Posts Rated:
546546
Its mentioned in the news announcement.

From: Bauss

This Post:
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181584.6 in reply to 181584.1
Date: 4/19/2011 9:22:46 PM
Overall Posts Rated:
1717
pretty much means that your roster salary should be at least as high as the salary floor to avoid wasting money. It also gives you a good idea on how much revenue/expenses you should have for your league.

From: Rashmon
This Post:
00
181584.7 in reply to 181584.4
Date: 4/19/2011 9:23:23 PM
Rashmonsters
III.7
Overall Posts Rated:
44
Thanks to all for replies. I had to read it twice in the news to decipher, plus found the other thread in the Global forum discussing this also.

From: Dunkface

This Post:
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181584.8 in reply to 181584.6
Date: 4/19/2011 10:26:08 PM
Arizona Cacti
III.8
Overall Posts Rated:
276276
Yea I'm pretty sure this was implemented to stop teams like Heathens/Wake Forest/KDB from the NBBA who have purposefully tanked entire seasons with skeleton rosters just to accumulate a ton of money and come back with a bloated payroll a couple seasons later.

All of the financial fixes were fantastic imo. I have to admit. I've bought a player and sold/fired him before the next financial update but these updates fix a lot of the financial loopholes that people had found.

This Post:
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181584.9 in reply to 181584.8
Date: 4/20/2011 11:01:29 AM
Overall Posts Rated:
5151
It says players have to be on team for atleast 4 days, how does this solve that? If I buy a player on Tuesday 4 days is on saturday so I can let him go on Sunday before salary; or does it not count weekends?

This Post:
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181584.11 in reply to 181584.10
Date: 4/20/2011 11:33:21 AM
Overall Posts Rated:
907907
But you can still fire him after three days not paying any salary.
So you should still be able to get rid of the cheap guys some people buy for scrimmages in order to get the minutes right.
for high-salary players it may be a bad choice to fire them, that's right.

We have both said a lot of things that you are going to regret.