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Old 07-19-2004, 07:45 PM   #1 (permalink)
RP McMurphy
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How much money can the Lakers offer Malone?

I think they can only offer him the veterans' minimum, but some Lakers fans are telling me that they can offer him 120 percent of his 2003-04 salary. Can the cap experts settle this question?
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Old 07-19-2004, 07:56 PM   #2 (permalink)
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If the Lakers have not renounced Karl Malone, I believe they can offer up to 120% of his previous year's salary by using the 'non-bird exception'. The maximum contract length is 6-year with 10% raise. Here's the quote from Larry Coon:

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NON-BIRD EXCEPTION -- Players who qualify for this exception are called "Non-Qualifying Veteran Free Agents" in the CBA. They are defined as veteran free agents who are neither Qualifying Veteran Free Agents nor Early Qualifying Veteran Free Agents. This exception allows a team to re-sign its own free agent to a salary starting at 120% of the player's salary in the previous season or 120% of the minimum salary, whichever is greater, even if they are over the cap. Raises are limited to 10% and contracts are limited to six years when this exception is used.
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Old 07-19-2004, 07:58 PM   #3 (permalink)
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Yep. Malone can get $1.8 million from the Lakers this year (120% of $1.5 million).
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