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re: Wait. Can the cavs get George and Carmelo?

Posted on 6/26/17 at 11:42 am to
Posted by shel311
McKinney, Texas
Member since Aug 2004
111238 posts
Posted on 6/26/17 at 11:42 am to
quote:

Is there a hard cap now? Melo makes tier 1 money.

If NYK buys out Melo, which there are rumors on, he's out of that contract and can sign a new contract, but I imagine it would have to be a vet minimum to get to CLE
Posted by Fun Bunch
New Orleans
Member since May 2008
116642 posts
Posted on 6/26/17 at 11:44 am to
Tax Payers MLE?
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33794 posts
Posted on 6/26/17 at 11:48 am to
Well the Knicks would buy him out and still be on the hook for the buyout figure. Cavs would sign him and the minimum salary he makes is subtracted from the buyout figure.

There's really no financial upside for him to sign with another team once he's bought out.
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