sticking to his guns... is stuck to his guns...
Join Date: Jul 2010
Location: Montreal, QC
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 - bought out)
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)
DJ Augustin $1,260,000 (1 year, approx)
Quincy Acy $788,872 (2 years, 2nd unguar; $884,293 for tax)
Dwight Buycks $700,000 (2 years, 2nd unguar; $884,293 for tax)
Team Cap Totals $70,027,038 (11.4 M above cap)
Team Tax Totals $70,316,752 (1.4 M below tax, 5.4 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.
So Buycks must have been signed with part of the MLE. Still assuming 2nd year unguaranteed.
That means 0.69 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, with the Camby buyout. I'll update again when we know what the buyout was and its cap implications.
Note that this update does not impact the space the Raps have against the tax, as he still makes less than the 2 year vet min, and as such this only changes how he was signed - ie via the MLE and not a rookie minimum exception.