Title: Free agency Post by: SpursGM-old on July 13, 2005, 02:18:31 PM The Raptors signed Lovelette for a salary starting at $649,020. I can't figure out how he was able to offer that amount. Lovelette has 2 years experience so all Raptors (who are over the cap) could offer was 120% of prior year salary. Prior salary was $465,850..... 120% of that is $559,020.
Title: Free agency Post by: NetsGM on July 13, 2005, 02:35:21 PM Nice catch.
Which just alerts me to a new rule (thanks heavyreign for documenting this thing so well, RE: there being no documentation). If you have 1+ bird years on a player, and are over the cap, you can actually offer up to 120% of this years minimum salary based on experience, or 120% if his last years contract, whichever is greater. minimum salary for a guy with 2 years experience would be 540,850. Since the Raptors had his bird years (but not yet 3), he could offer him 120% of that, which is $649,020 (greater than 120% of 465,850 which would have been 559,020). I'll add this to the rules page Title: Free agency Post by: RaptorsGM on July 13, 2005, 03:08:39 PM I never even noticed that.
I just wanted to sign him to a max contract, and that's what I did. Title: Free agency Post by: SpursGM-old on July 13, 2005, 04:35:19 PM So teams over the cap DO have an advantage in resigning their second round picks. :twisted:
:lol: Title: Free agency Post by: NetsGM on July 13, 2005, 04:39:51 PM If you consider an extra 50k to be significant, sure :tup:
Title: Free agency Post by: SpursGM-old on July 13, 2005, 04:44:31 PM Quote from: NetsGM If you consider an extra 50k to be significant, sure :tup: Actually it's 90k but who's counting. :bash: |