saltlover and others, help interpret this:
52. Are draft picks included in team salary? If so, for how much?
Unsigned first round picks are included in team salary immediately upon their selection in the draft. They count as 100% of the scale salary for that pick, unless there is a verbal agreement for a higher salary. An incident occurred in 1997 when Vancouver selected Antonio Daniels with their first pick, and Daniels subsequently revealed in an interview that he and the team had verbally agreed to a contract starting at the maximum allowed salary (120% of the scale amount). Since verbal agreements apply to team salary, the league then changed Daniels' cap figure from the scale amount to 120% of scale.
Once a first round pick signs a contract, his actual salary is included in the team salary, of course.
An unsigned first round pick is removed from team salary if the team and player both agree in writing not to sign any contract through the following June 30. The scale amount is returned to the team salary the following July 1. If the team renounces its draft rights, the player's scale amount is removed from the team salary permanently, and the team relinquishes its draft rights to the player (see question number 54).
If a first round pick signs with a non-NBA team, his scale amount is excluded from the team salary on the date he signs his non-NBA contract or the first day of the regular season, whichever is later. The scale amount goes back onto the team salary on the following July 1 or when his non-NBA contract ends, whichever is earlier. In other words, these cap holds are removed for players playing outside the NBA, but only during the regular season.
Unsigned second round picks are not included in team salary. This is a loophole teams sometimes leverage by trading late first round picks for second round picks in order to clear cap room.
As described in question number 87, the trade value of an unsigned first or second round draft pick is always $0.
Those two bolded paragraphs have me in a conflict.
My interpretation is that if we sign a letter that says we won't sign a contract this season with either or both Yabusele and Zizic, that they'll immediately be removed from the team cap space.
That said, if Yabusele and Zizic don't sign such a letter but they get a contract elsewhere in another league, their cap hold would only be removed at the start of the season.
Is that the correct interpretation? It gives us even more wiggle room if that's true with our free-agents and why there's a legit push to stash Yabusele and/or Zizic this year, particularly if we can get that letter signed.
Topic: Official 2016 Salary cap: $94.143 million & Luxury tax: $113.287 million (Read 4893 times)