Please tell me if this is correct. Thanks, Smitty77.
This from Hoopsworld:
Jason Fleming – 12/02/2011 12:12am EST
Want to throw out some info, something just to keep in the back of your mind. The new CBA has the MLE “apron” for teams with over $69 million in commitments. At that dollar amount the value of a given team’s MLE goes down (the calculation is that current commitments plus the MLE is limited to $74 million, but the total value of the MLE offer will not drop below $3 million (three-year deal if a team gets a reduced MLE).
So, which teams are currently limited to the “mini MLE”? Ignoring potential amnesty cuts, which could change a team’s status, here they are (assume first-round picks are included in the team’s salary total):
Los Angeles Lakers
Orlando Magic
Portland Trail Blazers
San Antonio Spurs
These teams will have the full MLE, a four-year deal starting at $5 million (some of these teams are under the cap but have cap holds for restricted free agents that, when combined with the MLE amount, put them over the cap, so they receive the MLE):
Atlanta Hawks
Boston Celtics
Charlotte Bobcats
Chicago Bulls
Cleveland Cavaliers
Dallas Mavericks
Detroit Pistons
Memphis Grizzlies
Miami HEAT
Milwaukee Bucks
Minnesota Timberwolves
New York Knicks
Oklahoma City Thunder
Philadelphia 76ers
Phoenix Suns
Utah Jazz
And these teams get the new two-year, $2.5 million exception, given to teams who use all their cap space to sign free agents (assuming they DO use that cap space):
Denver Nuggets
Golden State Warriors
Houston Rockets
Indiana Pacers
Los Angeles Clippers
New Jersey Nets
New Orleans Hornets
Sacramento Kings
Toronto Raptors
Washington Wizards
There is wiggle room in this last group depending on what each team does with their own Bird Rights free agents and where exactly they sit in relation to the cap. For example, should the Hornets use Bird Rights to re-sign David West for a deal starting at $9 million, they would have the MLE. If someone else signs West, they stay where they are.