cap situation now the RJ is opting out...capologists, do your work!!

[TE]

:wakeup


What will the financial situation look like now?


What does this do to our summer, and our attempts to bring in a free agent?

[ploto]

If a team is below the cap, then their Disabled Player, Bi-Annual, Mid-Level and/or Traded Player exceptions are added to their team salary, and the league treats the team as though they are over the cap. This is to prevent a loophole... A team can't act like they're under the cap and sign free agents using cap room, and then use their Disabled Player, Bi-Annual, Mid-Level and/or Traded Player exceptions. Consequently, the exceptions are added to their team salary (putting the team over the cap) if the team is under the cap and adding the exceptions puts them over the cap...

So being under the cap does not necessarily mean a team has room to sign free agents. For example, assume the cap is $49.5 million, and a team has $43 million committed to salaries. They also have a Mid-Level exception for $5 million and a Traded Player exception for $5.5 million. Even though their salaries put them $6.5 million under the cap, their exceptions are added to their salaries, putting them at $53.5 million, or $4 million over the cap. So they actually have no cap room to sign free agents, and instead must use their exceptions.

http://members.cox.net/lmcoon/salarycap.htm#Q1

[ducks]

Although Jefferson will never make $15 million a year again, he obviously believes he'll do better in the long run by signing a multi-year deal this summer under the current rules as opposed to waiting for the uncertainty of next summer. Even with Jefferson's $15 million coming off the Spurs' books, they still don't have cap money to spend on free agents. But Jefferson's decision frees them from luxury-tax jeopardy for now.

[Kori Ellis]

It's been said many times in the other thread. RJ opting out just saves Holt luxury tax money. It doesn't gain the Spurs anything in free agency. They still have the MLE, LLE and minimum contracts - that's it.