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Starbury returns to NYC?!?
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Re: Starbury returns to NYC?!?
I dunno if it was in this thread or in the other threads, but I'll just reply here. There were questions asked about the salary implications and how much under the cap the Suns were gonna be this coming summer. Well, here is your answer.
</font><blockquote><font class="small">Quote:</font><hr />
Question: What are the salary cap implications of this deal?
Colangelo: I’ll stay away from specific names and the issue of free agency, but the net effect of this deal brings us to about $35 or so million (in guaranteed salary for ’04-05). We estimate that the cap will be about $45 million next year. So, when you look at the math, we’ve got about $10 million of flexibility. Then you talk about the (costs) that are anticipated in the form of our draft pick, a lottery pick and also the Knick’ pick, which right now is also a lottery pick, and that could add another four, four and a half or five million dollars, depending on how high those picks turn out to be. Obviously, the higher they are the better for our case in terms of ultimately adding better talent… So with regard to the flexibility, you can anticipate that right now, after those draft picks are added, we’ll be anywhere in the five to seven million dollar range in terms of free agent flexibility as we speak today.
<hr /></blockquote><font class="post">
I hope that helps to whoever was wondering. I think it was Matrix31.
If you want to read more, check out the LinkageComment
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Re: Starbury returns to NYC?!?
I dunno if it was in this thread or in the other threads, but I'll just reply here. There were questions asked about the salary implications and how much under the cap the Suns were gonna be this coming summer. Well, here is your answer.
</font><blockquote><font class="small">Quote:</font><hr />
Question: What are the salary cap implications of this deal?
Colangelo: I’ll stay away from specific names and the issue of free agency, but the net effect of this deal brings us to about $35 or so million (in guaranteed salary for ’04-05). We estimate that the cap will be about $45 million next year. So, when you look at the math, we’ve got about $10 million of flexibility. Then you talk about the (costs) that are anticipated in the form of our draft pick, a lottery pick and also the Knick’ pick, which right now is also a lottery pick, and that could add another four, four and a half or five million dollars, depending on how high those picks turn out to be. Obviously, the higher they are the better for our case in terms of ultimately adding better talent… So with regard to the flexibility, you can anticipate that right now, after those draft picks are added, we’ll be anywhere in the five to seven million dollar range in terms of free agent flexibility as we speak today.
<hr /></blockquote><font class="post">
I hope that helps to whoever was wondering. I think it was Matrix31.
If you want to read more, check out the LinkageComment
-
Re: Starbury returns to NYC?!?
I dunno if it was in this thread or in the other threads, but I'll just reply here. There were questions asked about the salary implications and how much under the cap the Suns were gonna be this coming summer. Well, here is your answer.
</font><blockquote><font class="small">Quote:</font><hr />
Question: What are the salary cap implications of this deal?
Colangelo: I’ll stay away from specific names and the issue of free agency, but the net effect of this deal brings us to about $35 or so million (in guaranteed salary for ’04-05). We estimate that the cap will be about $45 million next year. So, when you look at the math, we’ve got about $10 million of flexibility. Then you talk about the (costs) that are anticipated in the form of our draft pick, a lottery pick and also the Knick’ pick, which right now is also a lottery pick, and that could add another four, four and a half or five million dollars, depending on how high those picks turn out to be. Obviously, the higher they are the better for our case in terms of ultimately adding better talent… So with regard to the flexibility, you can anticipate that right now, after those draft picks are added, we’ll be anywhere in the five to seven million dollar range in terms of free agent flexibility as we speak today.
<hr /></blockquote><font class="post">
I hope that helps to whoever was wondering. I think it was Matrix31.
If you want to read more, check out the LinkageComment
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Re: Starbury returns to NYC?!?
STOP THE DAMN GAME!!!!!!!!!!!!CLYDE IS UNSTOPABLE!!!!!!!!!!!YOU ARE SICK MAN STARBURY!!!!!!!!!!ALL HELL HAS BROKEN LOOSE ON WWE RAW!!!!!!!!!!!!Comment
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Re: Starbury returns to NYC?!?
STOP THE DAMN GAME!!!!!!!!!!!!CLYDE IS UNSTOPABLE!!!!!!!!!!!YOU ARE SICK MAN STARBURY!!!!!!!!!!ALL HELL HAS BROKEN LOOSE ON WWE RAW!!!!!!!!!!!!Comment
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