Bi-annual exception?

Amon_Ones88 · Post #1 » by **Amon_Ones88** » Tue Jun 30, 2009 4:12 am

ok I know what the MLE is and we need to use it on CV IMO, but what is this bi-annual exception. I read it in an article that we have one...how much is it? why do we have it? what can we do with it? Is it enough to sign a nice long 2 gaurd? Does it effect the MLE? Will it help with resigning AV? Can anyone help me!!! lol

Canomad · Post #2 » by **Canomad** » Tue Jun 30, 2009 6:50 am

i was wondering the same thing.

CzBoobie · Post #3 » by **CzBoobie** » Tue Jun 30, 2009 7:32 am

http://members.cox.net/lmcoon/salarycap.htm#Q19

BI-ANNUAL EXCEPTION -- This exception was previously named the "$1 Million exception" (perhaps "misnamed" is more appropriate, since it was only valued at $1 million in 1998-99). It may be used to sign any free agent to a contract starting at the following amounts:
2005-06 $1.67 million
2006-07 $1.75 million
2007-08 $1.83 million
2008-09 $1.91 million
2009-10 $1.99 million
2010-11 $2.08 million
2011-12 $2.18 million

This exception may not be used two years in a row (and if the $1 Million exception was used in 2004-05, the Bi-Annual exception may not be used in 2005-06). It may be split and given to more than one player, and can be used to sign players for up to two years, with raises limited to 8%. Also see question number 20 for more information on the availability and use of this exception.

NashtyNas · Post #4 » by **NashtyNas** » Tue Jun 30, 2009 11:09 am

Cz's got it. You only get to use it ONCE every 2 years. CLE can use it this year, it's approx 2mil. So signing a guy like Grant Hill for the LLE makes sense.

Amon_Ones88 · Post #5 » by **Amon_Ones88** » Tue Jun 30, 2009 2:53 pm

Ok great that helps alot guys!