Grizzlies To Receive Cap Exception
Posted: Sat Nov 18, 2023 3:17 am
https://sports.yahoo.com/m/2b56ecbe-9584-3390-8eba-83c6a5f889dc/nba-rumors-grizzlies-receive.html
Amid a rough start to the season, the Memphis Grizzlies still have some room to continue building their roster.
The organization received a $6.3 million cap exception due to a knee injury suffered by center Steven Adams prior to the start of the season, according to The Athletic's Shams Charania.
The exception allows a team that's over the cap to have some spending power when it loses a player to an injury that keeps them out for the remainder of the season. It is usually worth either half the injured player's salary or the mid-level exception—Adams is owed $12.6 million this year.
Amid a rough start to the season, the Memphis Grizzlies still have some room to continue building their roster.
The organization received a $6.3 million cap exception due to a knee injury suffered by center Steven Adams prior to the start of the season, according to The Athletic's Shams Charania.
The exception allows a team that's over the cap to have some spending power when it loses a player to an injury that keeps them out for the remainder of the season. It is usually worth either half the injured player's salary or the mid-level exception—Adams is owed $12.6 million this year.