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How Can the Lakers Keep Odom?

Posted: Thu Jul 2, 2009 6:53 pm
by FeltonSpencer
Quick question for you guys. I'm not really familiar with all the caproom rules, but from what I understand the Lakers are already over the that. So how can they sign Odom for more than MLE?

Re: How Can the Lakers Keep Odom?

Posted: Thu Jul 2, 2009 7:06 pm
by loserX
FeltonSpencer wrote:Quick question for you guys. I'm not really familiar with all the caproom rules, but from what I understand the Lakers are already over the that. So how can they sign Odom for more than MLE?


The Lakers have "Bird rights" on Odom. Whenever a team has Bird rights on one of their free agents, they can re-sign him to any amount up to the maximum, even if that puts them over (or further over) the cap.

"Bird rights" is not a quick concept to explain. For details, check this excellent resource:
http://members.cox.net/lmcoon/salarycap.htm

Re: How Can the Lakers Keep Odom?

Posted: Thu Jul 2, 2009 7:23 pm
by FeltonSpencer
loserX wrote:
FeltonSpencer wrote:Quick question for you guys. I'm not really familiar with all the caproom rules, but from what I understand the Lakers are already over the that. So how can they sign Odom for more than MLE?


The Lakers have "Bird rights" on Odom. Whenever a team has Bird rights on one of their free agents, they can re-sign him to any amount up to the maximum, even if that puts them over (or further over) the cap.

"Bird rights" is not a quick concept to explain. For details, check this excellent resource:
http://members.cox.net/lmcoon/salarycap.htm


Ok that makes alot more sense.
Thanks!!