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Originally Posted by Samuel
This year and next year (the two years Portland is over the cap) you can count his salary twice due to the luxury tax. 34m + 16-18m = about 50 million bucks. Yuck.
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Luxury tax threshold for 2006/07
Soft cap is $53.15 mil
Hard cap is $65.42 mil
Portland is at $70+ mil or paying about $5 mil this year
To blame all of that on Miles is not right. It should be distributed over all of the guarenteed salaries.
In 2007/08 Portland will drop over $18 mil in salary and add about $2.5 - $3 mil in a assumed rookie salary deal (Assuming we keep a high pick). We will probably be under the tax threshhold then. Unless we add a MLE signing or bring in more slary with trades
either way.. Miles salary for 4 years is still $34.9 mil or so...
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