08-29-2007, 12:31 PM
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#3 (permalink)
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Limehouse Blues
Join Date: Apr 2005
Location: North Carolina
Posts: 10,625
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Re: Cats sign McInnis...Hoo freaking Ray.
Per Coon's salary cap FAQ
Quote:
When a player has been in the NBA for three or more seasons, and is playing under a one-year, ten-day or rest-of-season contract, the league actually reimburses the team for part of his salary - any amount above the minimum salary level for a two-year veteran. For example, in 2005-06 the minimum salary for a two-year veteran is $719,373, so for a ten-year veteran, with a minimum salary of $1,138,500, the league would reimburse the team $419,127. Only the two-year minimum salary is included in the team salary, not the player's full salary. They do this so teams won't shy away from signing older veterans simply because they are more expensive when filling out their last few roster spots.
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Per me...He's not worth 600 thousand either |
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