"It would only make sense that the Kings would agree in principle with Bogdan then finalize the contract once our free agent spending spree is over. In fact it would be negligent not to otherwise. This is simply because we can exceed the 99M cap to sign our rights to a rookie player but we cannot exceed 99M to sign a free agent from another team.
Even if you were "a cap nerd" you would not necessarily know the details because we don't know how the deals of Z-Bo and Hill are structured. Before free agency and before counting Bogdan against the cap I think we had 58M to spend. The first year of max deal to Otto I believe is 24.7M. That would mean we would have (58 -24.7) 33.3M to spend on first year salary of Z-Bo and Hill, add Otto, then go over the cap to sign Bogdan. (There is a 20M cushion between cap and luxury tax of 119M. With 9M first year or so to Bogdan, not a problem).
So 2 /24 (Z-Bo) and 3/57 (Hill). Let's assume the money is dispersed evenly annually and that is 12M and 19M in the first year respectively. 31M total (12 + 19) relative to the 33.3M we have and we still have enough to fit Otto."
"If a first round pick signs with a non-NBA team, his scale amount is excluded from the team salary on the date he signs his non-NBA contract or the first day of the regular season, whichever is later. The scale amount goes back onto the team salary on the following July 1 or when his non-NBA contract ends, whichever is earlier. In other words, these cap holds are removed for players playing outside the NBA, but only during the regular season.
I think the hold for 27th pick is 1M dollars or slightly more. I calculated over 2M to spare above so I think we're good."
http://www.kingsfans.com/threads/free-agency-open-thread-nba-and-kings.67710/page-32
