Originally Posted by jeffb
Plus MLE (5.8Mil)
Vet Minimum (1.3Mil)
Odd that BC said last week that if everyone is renounced he'd have 21Mil to spend.
The $21 million Colangelo refers to is the difference between what the Raptors' payroll is without new deals for Marion, Parker and Delfino and the expected luxury tax threshold for next season.
But under the league's arcane salary cap, that $21 million doesn't equal $21 million to spend on other free agents. Because the Raptors
will be over the salary cap – which will be made official on July 8 – they can only re-sign their own free agents or use them in sign-and-trade transactions. They can't, for instance, say they won't re-sign their own players and then spend the money on new players.