Raptors Forum | Toronto Raptors Forums & Message Boards - View Single Post - Raptors Cap/Tax Status
View Single Post
Old 07-11-2013, 10:44 AM   #279 (permalink)
DanH
sticking to his guns... is stuck to his guns...

Senior Member

 
DanH's Avatar
 
Join Date: Jul 2010
Location: Montreal, QC
Posts: 4,334
Representing:
Default

Quote:
Originally Posted by @BaileysBlitz View Post
Hey Dan(or anyone with accurate knowledge) ,how does the "Stretch Provision" work and is it something to consider using on Fields and is that a realistic/likely option? How much does it save
Stretch provision means we could waive Landry and have his salary cap hit spread out over 5 years instead of 2. So his total owed (12.5 M) would become a 2.5 M cap hit for each of the next 5 years instead of a 6.25 M cap hit over the next 2. So we'd reduce our current cap hit by 3.75 M, but at the cost of a long term cap hit. Personally I would hate to see it used, because a) Landry at 6.25 is better value than no one at 2.5, and b) Landry becomes an expiring next year, making him a useful trade piece, and waiving him means we can't play or trade him.
DanH is offline   Boss Key Wife Key Reply With Quote