Brandon Ingram signed a 5 year max contract totalling 158mil.
Guys like Bam and Donovon signed a 5 year extension, but it totaled 163mil.
Is this discrepancy tied because of the rising salary cap?
Also, does the % of the cap change each year, or is it a fixed % each year?
Ingram, who starts his max this year, is earning slightly higher each year than the extension guys are.
If it was a fixed % of the cap each year, then the salary should be same for all max guys in the same calendar year.
I'm guessing it goes something like 25%, 26%, 27%, 28%, 29%, just for example
Although, a 1% jump wouldn't account for the extra 3 mil each guy gets their salary bumped up by, year on year
Rookie max extension/contract question
Rookie max extension/contract question
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Re: Rookie max extension/contract question
Alonzo_Morning wrote:Brandon Ingram signed a 5 year max contract totalling 158mil.
Guys like Bam and Donovon signed a 5 year extension, but it totaled 163mil.
Is this discrepancy tied because of the rising salary cap?
Also, does the % of the cap change each year, or is it a fixed % each year?
Ingram, who starts his max this year, is earning slightly higher each year than the extension guys are.
If it was a fixed % of the cap each year, then the salary should be same for all max guys in the same calendar year.
I'm guessing it goes something like 25%, 26%, 27%, 28%, 29%, just for example
Although, a 1% jump wouldn't account for the extra 3 mil each guy gets their salary bumped up by, year on year
Ingram didn't sign an extension. He signed a new contract that starts this season (2020-21).
Tatum, Adebayo, Mitchell and Fox all signed extensions. Their extensions will start with next season (2021-22) and the salary cap (and thus the max amount) will rise by at least 3% for next season.
That's why the extensions are at a larger first-year salary than Ingram's is for this season.
Re: Rookie max extension/contract question
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Re: Rookie max extension/contract question
Smitty731 wrote:Alonzo_Morning wrote:Brandon Ingram signed a 5 year max contract totalling 158mil.
Guys like Bam and Donovon signed a 5 year extension, but it totaled 163mil.
Is this discrepancy tied because of the rising salary cap?
Also, does the % of the cap change each year, or is it a fixed % each year?
Ingram, who starts his max this year, is earning slightly higher each year than the extension guys are.
If it was a fixed % of the cap each year, then the salary should be same for all max guys in the same calendar year.
I'm guessing it goes something like 25%, 26%, 27%, 28%, 29%, just for example
Although, a 1% jump wouldn't account for the extra 3 mil each guy gets their salary bumped up by, year on year
Ingram didn't sign an extension. He signed a new contract that starts this season (2020-21).
Tatum, Adebayo, Mitchell and Fox all signed extensions. Their extensions will start with next season (2021-22) and the salary cap (and thus the max amount) will rise by at least 3% for next season.
That's why the extensions are at a larger first-year salary than Ingram's is for this season.
I specifically said Ingram signed a contract and not an extension in my post.
What is the % of the cap each year for the max?
Re: Rookie max extension/contract question
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Re: Rookie max extension/contract question
Alonzo_Morning wrote:
I specifically said Ingram signed a contract and not an extension in my post.
What is the % of the cap each year for the max?
It doesn't matter that you said "signed a contract" - the point is that there is a DIFFERENCE in the starting point between when a new contract begins and when an extension begins, and thus in the applicable max salary for that first season of the contract. Smitty was kind enough to elaborate for you, and you being snippy at his (very accurate and kind) response is uncalled for.
For more information on the max salary and how it works, see the CBA FAQ -- http://www.cbafaq.com/salarycap.htm#Q23
Re: Rookie max extension/contract question
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Re: Rookie max extension/contract question
DBoys wrote:Alonzo_Morning wrote:
I specifically said Ingram signed a contract and not an extension in my post.
What is the % of the cap each year for the max?
It doesn't matter that you said "signed a contract" - the point is that there is a DIFFERENCE in the starting point between when a new contract begins and when an extension begins, and thus in the applicable max salary for that first season of the contract. Smitty was kind enough to elaborate for you, and you being snippy at his (very accurate and kind) response is uncalled for.
For more information on the max salary and how it works, see the CBA FAQ -- http://www.cbafaq.com/salarycap.htm#Q23
Sorry If I came across snippy.
Ingram should be on 25% of the cap this year if it's a max, but Sportrac reports it as 20.64%
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Re: Rookie max extension/contract question
Found the problem. Sportrac uses the lux tax line and not the cap line for some reason