Heat_Fan_87 wrote:gom wrote:Heat_Fan_87 wrote:good. happy we are signing one of the kids from sioux falls. shows them that if they work hard they can get to the next level. also looks like we learned our lesson on the 2 year deal from whiteside.
What? We never had the opportunity to sign Hassan to a 3 year deal. We are signing Weber in his first year. Hassan played for Sacramento beforehand for two years.
We had to sign him to a longer deal in cap space (which wasn't available). A minimum contract was all we could offer and those are limited to two years.Heat3 wrote:Think we'll go 2-1 (lose to Celtics) the rest of the way. Don't think we make it past the 2nd round. Will be hard for this group to win on the road.
I'll be disappointed with a 2nd round out now. I'm ready for whatever comes, but I have champagne ready just in case.
Thank you, i did not know that.
You can find the details here:
http://www.cbafaq.com/salarycap.htm#Q25Search for "MINIMUM PLAYER SALARY EXCEPTION". (If you don't sign in cap space, you must sign with an exception: Bird, Early Bird, MLE, BAE, etc - Minimum is just another exception used to sign (usually) veterans like Hassan.)
MINIMUM PLAYER SALARY EXCEPTION -- Teams can offer players minimum salary contracts even if they are over the cap. Contracts can be up to two years in length. For two-year contracts, the second season salary is the minimum salary for that season. The contract may not contain a bonus of any kind. This exception can also be used to acquire minimum salary players via trade. There is no limit to the number of players that can be signed or acquired using this exception.
This exception begins to reduce in value after the first day of the season. For example, if there are 170 days in the season, then this exception reduces in value by 1/170 of its initial value each day. So if a team signs a minimum salary player 90 days into the season, it can pay the player only 80/170 of the minimum salary.
See question number 86 for more information on how minimum salary players are handled in trade.
We used our entire MLE on Josh McRoberts and our BAE on Danny Granger, so we only had minimum exceptions left for players without bird rights.