Suns predicted cap inflation before offering Bledsoe, Morris’ deals
The Phoenix Suns predicted the salary cap to rise before giving Eric Bledsoe, Markieff Morris and Marcus Morris their new contracts.
When the Phoenix Suns handed out ~$130 million in player salary between three players (Eric Bledsoe, Marcus Morris, Markieff Morris), some people questioned the decision. Looks like the Suns knew what they were doing as these deals were done with the idea that the cap would jump in the coming years because of the television deal.
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"The NBA completed its extension of broadcast rights with ESPN and TNT for a whopping nine-year, $24 billion deal that went from expectations of doubling the previous deal’s annual payout to nearly tripling it.The trickle effect to the NBA salary cap is more of a downpour, but the Suns already had their umbrellas up. They were out in front of Monday’s announcement when, last month, they signed their three players who were eligible for new deals. It showed foresight for a salary cap that will skyrocket and dramatically change every player’s value."
Looks like they were right.
While there hasn’t been an official number — and won’t be for years — experts predict the salary cap could reach $90.1 million by 2016-17. If true, the deals for Bledsoe and the Morris team will be minuscule in comparison to the contracts signed in the summer of 2016. And that’s a huge positive for Phoenix.
In the worst-case scenario of Bledsoe or the twins not panning out, those deals become easy trade chips. And with easy trade chips comes flexibility, a factor key in team building.
Of course, the Suns won’t be the only team on this trend of hoping deals decrease in value across time, but they can attest to being the first.
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