Just going off the averages of what each re-signed player reportedly received, adding that to what the previously signed players already received and hypothesizing that Mills got a bump up to about $1.5M, they're at about 65.7M for next season. No one can say for certain exactly where they're at, because we don't know the year one salaries for some of the re-signed players and we don't know the salary period for Mills. That number could be and probably is off, but it's also probably close to the real number.
So the question is: What would him taking $12M annually changed? Either way, they were going to be able to re-sign Green, Diaw, Mills and sign De Colo and either way, they were going to be well over the cap, but under the tax. It's not as if by him taking well below market value he'd pave the way for them to add a significant player. Next off season, depending on a variety of factors, they may well be able to, but they would have been had he got $12M annually anyway. And they probably won't land anyone significant even if they have the space to do so. So he just took less for the of it?

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