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Andrew
Posts: 26600 Alba Posts: 2 Joined: 7/24/2001 Member: #1 USA |
DJ, Not sure if you read my latest responses. The Knicks should have their mid level unless they renounce it to clear up more cap space.
I think this link explains it better than I could. http://members.cox.net/lmcoon/salarycap.htm#Q20 PURE KNICKS LOVE
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crzymdups
Posts: 52018 Alba Posts: 0 Joined: 5/1/2004 Member: #671 USA |
Posted by Andrew: according to this, if we're under the cap, those exceptions don't exist so they don't have a cap hold. edit, sorry, this part: For example, with a $49.5 million salary cap, assume it's the offseason, and a team has $41 million committed to salaries, along with a Mid-Level exception for $5 million, a Traded Player exception for $2.5 million, and an unrenounced free agent whose free agent amount is $2 million. Their salaries and exceptions total $50.5 million, or $1 million over the cap. What if their free agent signs with another team? The $2 million free agent amount comes off their cap, so their team salary drops to $48.5 million. This total is below the cap so the team loses its Mid-Level and Traded Player exceptions. [Edited by - crzymdups on 03-12-2008 2:16 PM] ¿ △ ?
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Andrew
Posts: 26600 Alba Posts: 2 Joined: 7/24/2001 Member: #1 USA |
I think I'm very confused now.
PURE KNICKS LOVE
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