Recommended reading: http://www.cbafaq.com/salarycap.htm
1) Yes, we will have a mid-level exception even after we resign Diaw. Starting salary of $5.3M for up to 4 years.
2) Possibility of signing Frye? If he'll take the MLE it might be decent. But people are getting stupid high contracts right now. It just depends on how it shakes out.
3) Bonner can walk if he wants.
4) We cannot amnesty Ayres.
5) Who would want Ayres in a trade? I would take some hard shopping...the good thing is that he is on his last year on that contract.
6) Baynes is a restricted free agent. He must be resigned also (or accept his qualifying offer).