Capology for Dummies

[bigbendbruisebrother]

So, I'm a capology/NBA pay rules dummie. I just read the Horry thread, and I'm lost.

LLE?
MLE?
Early Bird Rights?

Somebody, please, explain it to me like I'm a 1st grader...

From top to bottom, how does an NBA team hire, pay and retain its players?

Thanks in advance for your help.

[Kori Ellis]

The best thing for you to do is read this:

http://members.cox.net/lmcoon/salarycap.htm#17

Whatever you don't understand, come back to this thread and ask specifics.