Raptors Forum | Toronto Raptors Forums & Message Boards - View Single Post - Raptors Cap/Tax Status
View Single Post
Old 04-03-2012, 11:36 AM   #35 (permalink)
DanH
sticking to his guns... is stuck to his guns...

Senior Member

 
DanH's Avatar
 
Join Date: Jul 2010
Location: Montreal, QC
Posts: 4,045
Representing:
Default

Just a quick note for people curious about the impacts of 10-day contracts. The contracts are pro-rated to 10 days from the 124 day season, so each day gets them 8.06% of a full year's minimum salary pay. Now, this year's full pay is lower than most years, due to the 66:82 factor applied.

So for Alan Anderson, who has two prior years of NBA experience, the minimum salary is usually $854,389 - this prorates to $55,458 per 10-day this year. For Ben Uzoh, who has one year of prior NBA experience, the minimum salary is usually $762,195 - which prorates to $49,474 per 10-day.

These dollar amounts directly apply to the team's salary cap - so each 10-day picked up will add its equivalent dollar amount directly to the total cap hit.

I'm not putting them into my full calculation yet, as they have almost no impact (as you can see from the low dollar amounts shown here).
DanH is offline   Boss Key Wife Key Reply With Quote