Salary cap situation and FAQs

[Moranis]

KG didn't lower his salary for next year since he never had a salary for that year to begin with.  All that happened was three years were added to the end of his contract.  The pay for those three years could have been anything as long as they were for at least the NBA minimum and the increases were not more than allowed under the CBA.

[Triboy16]

do the celts have a mle and lle cap?? meaning like 5.8 and 1.5 million = approx 7.3 mill??

that means could we sign posey to 5.0 million, 800 k to a free agent and 1.5 to house??

[BudweiserCeltic]

do the celts have a mle and lle cap?? meaning like 5.8 and 1.5 million = approx 7.3 mill??

that means could we sign posey to 5.0 million, 800 k to a free agent and 1.5 to house??

They're called exceptions, and yes we do have them all. You can't combine them to offer them to one player, and only the MLE can be split.

[Roy Hobbs]

do the celts have a mle and lle cap?? meaning like 5.8 and 1.5 million = approx 7.3 mill??

that means could we sign posey to 5.0 million, 800 k to a free agent and 1.5 to house??

They're called exceptions, and yes we do have them all. You can't combine them to offer them to one player, and only the MLE can be split.

To add to that, the LLE / bi-annual exception is actually $1.91 million, and technically, it *can* be split (although I don't know why you'd ever want to).

[BudweiserCeltic]

do the celts have a mle and lle cap?? meaning like 5.8 and 1.5 million = approx 7.3 mill??

that means could we sign posey to 5.0 million, 800 k to a free agent and 1.5 to house??

They're called exceptions, and yes we do have them all. You can't combine them to offer them to one player, and only the MLE can be split.

To add to that, the LLE / bi-annual exception is actually $1.91 million, and technically, it *can* be split (although I don't know why you'd ever want to).

Ah, that's true... but yeah, it doesn't make sense to split it when you can simply just offer the vet. min.