If the Knicks were to cut J.R. Smith for example using the stretch provision this offseason, how does that work?
How much salary is the team responsible for?
Basically what is the stretch provision in as detailed of an explanation as possible?
Stretch provision
Stretch provision
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Stretch provision
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Re: Stretch provision
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Re: Stretch provision
sportscrazy wrote:If the Knicks were to cut J.R. Smith for example using the stretch provision this offseason, how does that work?
How much salary is the team responsible for?
Basically what is the stretch provision in as detailed of an explanation as possible?
They are still responsible for all of the salary, but it is spread out over more years, and the cap hit can be spread to match. It's spread over double the number of years left on the contract plus one. Questions 64 and 65 of:
http://www.cbafaq.com/salarycap.htm#Q64
MyUniBroDavis wrote: he was like YALL PEOPLE WHO DOUBT ME WILL SEE YALLS STATS ARE WRONG I HAVE THE BIG BRAIN PLAYS MUCHO NASTY BIG BRAIN BIG CHUNGUS BRAIN YOU BOYS ON UR BBALL REFERENCE NO UNDERSTANDO
Re: Stretch provision
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Re: Stretch provision
bondom34 wrote:sportscrazy wrote:If the Knicks were to cut J.R. Smith for example using the stretch provision this offseason, how does that work?
How much salary is the team responsible for?
Basically what is the stretch provision in as detailed of an explanation as possible?
They are still responsible for all of the salary, but it is spread out over more years, and the cap hit can be spread to match. It's spread over double the number of years left on the contract plus one. Questions 64 and 65 of:
http://www.cbafaq.com/salarycap.htm#Q64
So in the Smith case the Knicks would pay $2.5 Million a year over the next five years if they used it this offseason?
Disclaimer: Trades I post shouldn't make you stressed or angry if you disagree. If you say it's unproductive because it won't happen and we're only allowed to post deals that actually happen, it takes away 99% of trades here and the fun out of the board.
Re: Stretch provision
- bondom34
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Re: Stretch provision
sportscrazy wrote:bondom34 wrote:sportscrazy wrote:If the Knicks were to cut J.R. Smith for example using the stretch provision this offseason, how does that work?
How much salary is the team responsible for?
Basically what is the stretch provision in as detailed of an explanation as possible?
They are still responsible for all of the salary, but it is spread out over more years, and the cap hit can be spread to match. It's spread over double the number of years left on the contract plus one. Questions 64 and 65 of:
http://www.cbafaq.com/salarycap.htm#Q64
So in the Smith case the Knicks would pay $2.5 Million a year over the next five years if they used it this offseason?
If my math is right, right around that.
MyUniBroDavis wrote: he was like YALL PEOPLE WHO DOUBT ME WILL SEE YALLS STATS ARE WRONG I HAVE THE BIG BRAIN PLAYS MUCHO NASTY BIG BRAIN BIG CHUNGUS BRAIN YOU BOYS ON UR BBALL REFERENCE NO UNDERSTANDO
Re: Stretch provision
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Re: Stretch provision
Based on his performance so far, maybe NY will end up using the stretch provision on P Jackson.