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Old 06-21-2003, 08:40 AM   #1 (permalink)
NorthSideHatrik
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Salary Cap and Max contracts.

I heard someone tell me that max contracts are 20% or 25% of the cap salary depending on how many years you've been in the NBA. But isn't the salary cap only 42.5 million? Am wrong about the 42.5 mil? or is that percentage just too low? if KG is making almost 20 mil something is not adding up.
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Old 06-24-2003, 12:57 PM   #2 (permalink)
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Re: Salary Cap and Max contracts.

Quote:
Originally posted by NorthSideHatrik!
I heard someone tell me that max contracts are 20% or 25% of the cap salary depending on how many years you've been in the NBA. But isn't the salary cap only 42.5 million? Am wrong about the 42.5 mil? or is that percentage just too low? if KG is making almost 20 mil something is not adding up.
See these two sections from Larry Coon's web-site. The first section describe the maximum salary rule, while the second describes an exception to this rule that applies to Kevin Garnett.

http://members.cox.net/lmcoon/salarycap.htm#9

http://members.cox.net/lmcoon/salarycap.htm#10
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Old 06-24-2003, 01:00 PM   #3 (permalink)
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didnt KG sign his contract before the current CBA was in place
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Old 06-24-2003, 01:03 PM   #4 (permalink)
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Originally posted by pound me!
didnt KG sign his contract before the current CBA was in place
Yes, he did. In fact, it was his contract that probably led to these maximum salary rules.
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Old 06-27-2003, 04:52 AM   #5 (permalink)
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The website is not very clear about what the exact salary cap was for this past year and this up coming year. Was is 42.5 mil for this past season?
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Old 07-01-2003, 08:22 AM   #6 (permalink)
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Quote:
Originally posted by NorthSideHatrik!
The website is not very clear about what the exact salary cap was for this past year and this up coming year. Was is 42.5 mil for this past season?
It was $40.271 million in 2002-03.
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Old 07-02-2003, 05:34 AM   #7 (permalink)
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Originally posted by NCBullsFan!


Yes, he did. In fact, it was his contract that probably led to these maximum salary rules.
correction !!!!!! his contract was the MAIN reason why there is a maximum salary rule !!!!!!!
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