MangoKid wrote:
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They have $63.4M tied up in 9 players. They can't even give a full MLE and fill out the roster with minimum contracts without going over the luxury tax.
From what I have read from Memphis blogs, many have little to no understanding of the salary cap vs. luxury tax and seem to be in denial about the comments made by Heisley regarding not being in the luxury tax business.
Also, taking back nearly $12M less in salary gives Memphis the opportunity to acquire said pieces in free agency and extend their own players that fill some of those needs as the roster currently stands for '12-13.
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