LBF wrote:
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First, the suggestion was to trade our first round pick (and filler) for Gay. It's a fact that we are over the cap right now.
Second, anything that happens on July 1st or after is covered by the new CBA, so if you're suggesting making the trade after July 1st, you're relying on rules that haven't been decided, but sure, let's use the current CBA to cover what would happen if we kept the same rules.
Third, it's actually somewhere around $47 mil (the figure on the bottom hasn't been updated), and that's for 10 players. After the draft, it'll be over $50 mil, plus whatever other cap holds that still apply.
Fourth, the 2010-2011 salary cap was $58 mil. The owners are arguing for a $45 mil hard cap. If we assume both sides have to compromise, it's pretty safe to say next year's soft cap (if it even stays soft) will be somewhere between $45 mil and $58 mil. Let's say we err on the side of a huge player victory over the owners, so $55 mil soft cap.
Fifth, going back to our $50+ mil payroll, it's time to factor in our cap holds. That is, we will only have $5 mil cap space IF we renounce rights to ALL free agents (Reggie, Julian, Weems, Dorsey, etc.), AS WELL AS to our mid-level exception, bi-annual exception AND traded player exception credit. If we don't, then we are officially considered OVER THE CAP.
Understood?
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