How do decreasing salaries work???
Posted: Tue Jul 1, 2008 7:12 am
I know if a team signs its own FA there can be 10.5% raises from the base salary of year one.
Is this the exact same way it works for decreasing salaries?
For example, Warriors wanted to give Baron Davis a 6 year deal starting at $17 million...
10.5% of $17 million is $1.785 million, so could his salary decrease by that amount each season? ...
08-09: $17.000
09-10: $15.215
10-11: $13.430
11-12: $11.645
12-13: $9.860
13-14: $8.075
TOTAL 6 years just over $75 million.
Would this deal work under the cap?
Is this the exact same way it works for decreasing salaries?
For example, Warriors wanted to give Baron Davis a 6 year deal starting at $17 million...
10.5% of $17 million is $1.785 million, so could his salary decrease by that amount each season? ...
08-09: $17.000
09-10: $15.215
10-11: $13.430
11-12: $11.645
12-13: $9.860
13-14: $8.075
TOTAL 6 years just over $75 million.
Would this deal work under the cap?