Smitty731 wrote:The scale amount for #3 is $4,704,500.00
The cap hold for that pick is 120% of that or $5,645,400.00
The cap hold changes to 120% with the new CBA because 99.9% of all draft picks signed for the max they were allowed which was 120% of the scale amount.
Question 1: When can rookies be signed? Can they be signed as soon they're drafted or does the team have to wait until July 1?
Question 2: If a team wants to trade its player for another player (both non-FAs), which salaries are used for matching if it's executed before July 1? Is there a cutoff date when new salaries are used for salary matching?
The reason I asked is AB + #3 doesn't seem enough for a hypothetical trade for Paul George if salaries for 2017-18 are used but it's enough if salaries for 2016-17 are used. It appears if a trade for a star happens, it would have to come after a hypothetical max FA signing, is that correct? In that case, additional salary would be needed in my made-up trade (probably a signed 2nd rounder?).
Thanks in advance for the help!