Not really. Just a couple more things I've excluded for simplicity or forgot about. But definitely read this. At least the first part.
First, the Raptors
are hardcapped! This one I forgot about. See, they received Richardson in a sign and trade from the Knicks to make the Bargnani
trade work. Since they received a player in a S+T, they cannot breach the apron this year. So I've been putting in notes like "or, if they decide to use the tax-payer MLE..." for no good reason - no longer an option!
Second, and much less interestingly, the calculation for tax purposes is a little different form the calculation for cap purposes (and the tax calc determines if the team is over the apron). Specifically, any player making less than the 2 year vet minimum counts at the full 2 year vet minimum for tax purposes. There are also other differences that don't impact the Raps right now. Since I now realize we are hardcapped, the apron amount is really important, so I'll have to keep two separate totals. See below.
Rudy Gay $17,888,931 (2 years, PO in 2nd)
DeMar DeRozan $9,500,000 (4 years)
Amir Johnson $6,500,000 (2 years, 2nd $5M guar)
Landry Fields $6,250,000 (2 years)
Kyle Lowry $6,210,000 (1 year, $1M guar)
Marcus Camby $4,383,773 (2 years, 2nd $1.025M guar)
Steve Novak $3,750,000 (3 years)
Jonas Valanciunas $3,526,440 (3 years, TO in 2nd and 3rd)
Tyler Hansbrough $2,500,000 (2 years, 2nd $1M guar)
Aaron Gray $2,690,875 (1 year)
Terrence Ross $2,678,640 (3 years, TO in 2nd and 3rd)
Quentin Richardson $1,399,507 (3 years, 2nd and 3rd unguar)
Quincy Acy $788,872 (2 years, 2nd unguar; $884,293 for tax)
Dwight Buycks $490,180 (2 years, 2nd unguar; $884,293 for tax)
Team Cap Totals $68,557,218 (9.9 M above cap)
Team Tax Totals $69,056,752 (2.7 M below tax, 6.7 M below hard cap)
Cap: 58.679 M
Tax: 71.748 M
Apron/Hard Cap: 75.748 M
Quincy Acy and Dwight Buycks count as the full 2 year veteran minimum salary in the tax calculation.
That means 2.65 M of the MLE is left over, as well as the 2.016 M of the bi-annual exception, with one spot free right now.
Oh, and it appears Buycks has officially signed now. No confirmation on the amount yet.