NBA Commissioner David Stern’s proclamation that the league may cut $750 million to $800 million in player payroll
costs is a good news/bad news scenario for the Indiana Pacers.
The Pacers, under Larry Bird’s three-year plan, will get out from under about $32 million of its players’ salary
expenses after this season. That means the team should have some cash to spend on a key free agent or two.
But that’s assuming the NBA has a salary cap near its current $58 million ceiling. If Stern wants to slice $800 million
from player payroll costs, there goes $26.7 million off every team’s salary cap. Bird’s free agent money just
got trimmed to $5.3 million. That might land the team a hot prospect—from the D-League.
The upside is the Pacers, according to team officials, have lost about $30 million each of the last two years. So, a $26.7
million savings just about wipes that away. But if the Pacers can’t upgrade the roster—and lose a good chunk of
this year’s roster to boot—I’m almost certain that won’t be good for attendance.
Stern’s proclamation is likely little more than posturing, and the players’ union is sure to fight it during
upcoming negotiations for a new collective bargaining agreement. Sources close to the league have said a $400 million cut
to the player payroll is more likely. That means the salary cap would be lowered to about $42 million.
Bird would still be hamstrung, but at least he’d have $18.7 million to use to hunt free agents.
Carmelo Anthony is set to make at least $18.5 million next year, but he’s not coming to Indiana. There are some other
quality players in that price range, such as Tyson Chandler and Tony Parker. I’m not saying the Pacers will acquire
either of those players, they’re just an example of the caliber of player the Pacers might be able to acquire with the
money that might be available.
Of course, the other NBA teams would be similarly affected, and who knows how Stern's proposal would grandfather in current
contracts.
But suffice it to say, losing room under the salary cap could be another obstacle for Bird, now in his eighth season as the
team’s president of basketball operations. No one would say the road he’s traveled in this job has been a smooth one. Along comes another challenge.








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It took Donnie Walsh forever to build a winner, but the NBA Pacers were never any good, so when it finally happened we were just grateful, and he was suddenly a genius (Walsh had many a misstep, and some bad breaks too, think Scott Haskin, and injuries to Steve Stipo). It would figure that the evil David Stern would stab us, and other small market teams in the heart...Walsh saddled us with a ton of long term max out contracts, and now that Bird has almost dug out, he maybe can't spend even remotely the $$$ he thought he would have available. I realize that this is all talk at this point, and the NBA certainly needs to rein in salaries some...but no body made all these self important billionaires spend all that money. I doubt Donnie Walsh signed O'Neal, Jackson, Tinsley without the Simon's blessing. Stern is just trying to protect these owners from themselves at this point. But it would figure what he would do might hamstring us when we are starting to get close. To real Pacer fans...just remember how long it took for the Reggie Miller teams to even get in the playoffs...after that, it took years of tweaking to get to the finals. Give Bird a little more time...and a note to Larry Legend, your loyalty to Coach is admirable, but if he takes the ball out of Darren Collison's hands, can't tweak his system to fit his players, then it is time for him to go.
So, if the salary cap were to be lowered, I believe the Pacers still would be in just as good of a situation. The actual number they would have to spend would decrease, but the amount each player can demand would also decrease....it's all relative...