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Started By
Message
re: Updated Cap Figures From Spotrac With Watson, Roby, and Humber's Salaries
Posted on 3/26/13 at 2:11 pm to Hugo Stiglitz
Posted on 3/26/13 at 2:11 pm to Hugo Stiglitz
quote:
Roby was a one year $905,000 deal.
Then he only counts $550k against the cap, so sportrac is off there. I'm looking at the CBA right now and his contract of 905k fits perfectly with the vet minimum benefit rule:
7-9 years experience = $840k minimum
quote:
Section 2. Qualifying Contracts:
(a) For purposes of this section, a "Qualifying Contract" shall be defined as
a Player Contract signed by a Qualifying Player that (i) covers only a single League Year
and (ii) contains no terms that affect compensation in any way other than (1) the appli
cable minimum Paragraph 5 Salary, (2) up to $50,000 in "Additional Compensation"
(e.g., signing bonus allocation, roster bonus, reporting bonus, or any incentive ("likely to
be earned" or not» , and/ or (3) a guarantee for Salary and/ or Salary advance of up to the
Minimum Salary for a player with two Credited Seasons. A Qualifying Contract may not
be extended or renegotiated in any manner. Split contracts, if they otherwise qualify, may
be Qualifying Contracts. Thus, for example, a contract that includes an option year is not
a Qualifying Contract.
(b) The maximum amount of Additional Compensation in (2) above shall be
increased to $65,000 for the 2012-14 League Years, to $80,000 for the 2015-17 League
Years, and $90,000 for the 2018-20 League Years
quote:
Section 5. Reduced Salary Cap Count: Notwithstanding any other provision of this Agreement, the Salary Cap count for a Qualifying Contract shall be the same as the minimum salary for a player with two Credited Seasons. F
So $840k minimum + $65k allowed in additional bonuses = $905k total, exactly what they're saying he's paid. It's only $400k in cap space in the case of Roby, but I'm sure it's more than just Roby that they're counting more against the cap that he actually is accounting for. One interesting thing I noticed in the CBA and didn't notice before: 3rd and 4th year players aren't eligible for the vet min benefit, so a 3rd year min player counts a bit more against the cap than, say, a 15 year vet min player.
Posted on 3/26/13 at 2:18 pm to THRILLHO
quote:
So $840k minimum + $65k allowed in additional bonuses = $905k total, exactly what they're saying he's paid. It's only $400k in cap space in the case of Roby, but I'm sure it's more than just Roby that they're counting more against the cap that he actually is accounting for. One interesting thing I noticed in the CBA and didn't notice before: 3rd and 4th year players aren't eligible for the vet min benefit, so a 3rd year min player counts a bit more against the cap than, say, a 15 year vet min player.
Niiiiice.
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