Exception Question when under the Cap
Posted: Thu Jun 5, 2014 12:37 am
http://www.cbafaq.com/salarycap.htm#Q26
This line has me a bit confused, even though I probably shouldn't be.
"A team's exceptions may be lost entirely, or the team may never receive them to begin with. This happens when their team salary is so low that when the exceptions are added to the team salary, the sum is still below the salary cap. If this happens when the exceptions arise, then the team doesn't get their exceptions at all. If the team salary ever drops below this level during the year, then any unused portions of their exceptions are lost (and do not return if the team salary increases). "
Does that mean if you are 10 million under the cap add in a MLE for $5,305,00.00 and BAE for $2,077,000.00, that doesn't take you over the cap, so you lose both exceptions? The example that follows seems to state this, but I want to make sure I am reading it right.
If so, if you lose the exceptions and then go over the cap later, do you regain them? I am fairly certain that answer is no, but want to double check.
Thanks in advance!
This line has me a bit confused, even though I probably shouldn't be.
"A team's exceptions may be lost entirely, or the team may never receive them to begin with. This happens when their team salary is so low that when the exceptions are added to the team salary, the sum is still below the salary cap. If this happens when the exceptions arise, then the team doesn't get their exceptions at all. If the team salary ever drops below this level during the year, then any unused portions of their exceptions are lost (and do not return if the team salary increases). "
Does that mean if you are 10 million under the cap add in a MLE for $5,305,00.00 and BAE for $2,077,000.00, that doesn't take you over the cap, so you lose both exceptions? The example that follows seems to state this, but I want to make sure I am reading it right.
If so, if you lose the exceptions and then go over the cap later, do you regain them? I am fairly certain that answer is no, but want to double check.
Thanks in advance!