Ponchos wrote:ranger001 wrote:What happens when a team exceeds the flex cap? The players pay the excess!
Nope.
The players only pay the excess if league-wide salaries exceed their guaranteed amount of 2+ Billion in wages. Individual teams can exceed the cap (just like they do today).
Again, this is EXACTLY like the soft-cap system in place now. If the players are paid more than 57% BRI then they give back a portion of their salary to the owners.
I don’t know this is right or wrong but I think it is possible for player’s total salary to exceed BRI 57%.
Player’s contract is guaranteed and only 8% of its contract’s money is in the escrow system. Under NBA’s current soft cap system, it is possible to exceed BRI 57%. It’s unlikely to happen because it will require every NBA team to have a huge player’s payroll, like 90million for each team. It’s unlikely to happen but that’s what owners afraid of, is it? They are afraid if they don’t do something about player’s salary it will lose control.
For me, flex cap is all about profit. I heard about Flex cap will have a 62 million cap limit for each team. I think the league consider each team’s payroll for players under 62 million will be profitable. The reality is many teams are over this cap limit, I think it is logical to have another limit that higher than 62 million as hard cap limit. It’s unlikely to abandon current exception such as middle level exception. However, if there is no hard cap limit set for each team, those exceptions will bring player’s payroll over BRI 57% sooner or later.
Anyway, that’s my 2 cents.