Mavericks went over the hard cap

[CelticsGM]

just discovered that the Mavericks HEAVILY exceed the hard salary cap.
They are 3.8 mill OVER the allowed hard cap.

This has a few implications:
- the trade with the Hornets (Turkoglu/Newcomb) will be reversed, the Mavs even spent a trade exception.
- since they were slightly above the hard cap BEFORE the trade (43.924 mill, allowed are 43.8 mill), their last signing will also return to FA (that will be: "181 Mavericks Sign C Jayson Williams for $10.100.000 over 2 years.")
- they are not allowed any trade/signing that does NOT reduce their salary total
- their 1st round pick (2032 Mavs 1st) can not be traded as long as they are above the hard cap

and of course, if they don't move below 87.6 mill before seasons end they will lose that very pick.


Sorry for realizing it only now.

[CelticsGM]

League page (rosters, FA list) has been updated now.
Remember: to bid for Jayson Williams you will have to put in a "Custom offer", he will not be in the FA bidding list

and for the reference:
the Mavs had signed Jayson to a 2yr contract for $5.000.000/$5.100.000

[MavsGM]

I can understand that Hornets trade being reversed but why couldn't I keep Jayson Williams?  Since I'm still under the hard cap before he accept my offer, I don't see why he should be put back into the FA pool.

[CelticsGM]

ok, I checked again with league rules, and I guess I erred on another topic.

Of course Jayson will stay with the Mavs since he was only the guy putting them into hard cap territory.
Bad for the Knicks (who signed him on day 4) but it has neither implications on the rest oif FA nor on the Knicks, who didn't miss out on another signing.