Birdie wrote:Paz wrote:hyper316 wrote:
Okay thanks for clearing that up. So theoretically wade can take $20m and then re-sign jr and lbj using bird right?
Negative. Lebron and JR have cap holds which woud need to be relinquished in order to sign Wade. Bird right (Which Lebron doesn't have) would go bye bye. They HAVE to re-sign Lebron first. HTey could go over the cap to re-sign JR but his caphold is rather large.
THIS. Thanks Paz for explaining layman's terms of capology 101. I cringe when I see posts about the cap after they've just taken a cursory look at a cap sheet that ESPN may've spit out without taking into account of cap holds, roster charges, dead money, rookie contracts, etc. when speaking about the cap ninjistu CLE would have to undertake to get DWade some cashola. Maybe not the 20mil but damn near close, so, for this exercise, can CLE even get close to getting DWade close to 20mil?
As of now by my best estimation of playing Larry Coons capologist on the most basic level;
CLE roster cap sheet as of 7/5/16 for 2016-2017:
LBJ: 30,300,000 [cap hold]
KLove: 21,165,675
Kyrie: 17,638,063
TT: 15,330,435
Shump: 9,662,921
JR: 9,500,000 [cap hold]
Frye: 7,806,971
Mo: 2,194,500
Dahntay: 1,551,659 [guarantee date sometime in Aug but most likely to be waived]
Sasha: 1,333,420
JJ: 980,431 [cap hold but will also be cap # for 2016-2017 signed vet min contract of 1,551,659]
RJ: 980,431 [cap hold but will also be cap # for 2016-2017 signed vet min contract of 1,551,659]
McCrae: 874,636
Felder: 543,471 [I don't think he holds a cap hold as long as he stays unsigned or what not but his $ is insignificant]
After waiving Dahntay, that adds up to 13 players for 118,310,954 in salary + cap holds. Clearly, no cap space available to be spent as we're 24 mil over the salary cap. OK, so what does Griff have to do?
1) Waive Dahntay