Because of salary cap restraints, the Spurs were only able to give the 6-foot-5 Anderson the middle-class exception of $2.25 million. Anderson was counting on the fact that San Antonio would make a much larger and longer commitment this summer. However, the Spurs were caught between a rock and hard place, in this case between Anderson and veteran center David Robinson.
San Antonio elected to give Robinson the majority of its $14 million of cap room, leaving less available to Anderson than the young guard had expected. The Spurs might have been able to overcome that, however, they tried to use some strong-arm tactics to get Anderson to sign, including a 24-hour deadline in which the athletic guard had to accept or decline their offer.
All the while, Whitsitt was continuing to court Anderson, even though Portland had less to offer Anderson financially than San Antonio. Anderson proved the money wasn't the biggest criteria, and announced that he was going to become a Blazer, even if he had to sign for this year's middle-class exception, which is a first-year salary of $4.5 million.
* * * *
Anderson didn't have to settle for the middle-class exception, which would have limited him to a six-year deal for $34 million. Whitsitt and Tony Dutt, Anderson's agent, were able to work out a trade with the Spurs, who agreed to take Smith as compensation. Anderson was signed by San Antonio to a six-year, $48 million deal and Smith was granted his wish to move on.