KGdaBom wrote:shrink wrote:KGdaBom wrote:If I'm understanding correctly the team that signs him can do so for the vet minimum with Milwaukee paying him about 50 million each of the next two years. Am I understanding correctly?
Basically. Technically there is a CBA rule called “set off” which means that half of any new salary will be deducted from what the original team has to pay. But Dame got the full buy out amount, and will value his freedom to finally choose his team over making slightly more on a bigger contract. I expect he signs for the vet min, which will let him pick between 29 teams.
So if Dame signs for the TPMLE he will get half of that which is 2.8 million or so or he can sign for the vet minimum half of which would be about 1.8 million. When your getting over $50 million regardless letting $1 million or even a few million sway your decision seems short sighted.
As I understand it, a player gets the full cash from whatever contract you sign. Set off only saves MIL some of the cap hit.
I’m not sure about this vet min stuff with set off that fatty mentioned, except in the most general ways. As many of you know, players with more years of nba experience get more money from the vet min scale. However, in an effort to keep older players in the league, the NBA pays the difference between that scale salary, and the salary for a player with only two years of experience.
In this case, Dame has 10+ years of experience, so he’d get $3.6 mil in a vet min deal. However, if MIN signed him, they would only pay $2.3, the scale for a player with two years of experience, and the NBA would pay the other $1.3. He would only count for a $2.3 cap hit, and I imagine fatty saw something about which number they use for set off, half of $2.3 or $3.6.