OrlandO wrote:Knightro wrote:I believe, but not 100% certain, that Marks is NOT counting Michael Carter-Williams in his current tax projections.
MCW’s 1.6M would give the Magic roughly 2.9M in wiggle room below the luxury tax.
More than enough room to sign a 15th player though.
Isn't the vet minimum for a player with MCW's experience closer to 2m?
Yes. As a 7th year NBA player, Michael Carter-Williams' salary for next year will be $2,174,318.
BUT...
"Because the NBA doesn’t want teams to avoid signing veteran players in favor of cheaper, younger players, the league reimburses clubs who sign veterans with three or more years of experience to one-year, minimum salary contracts. Those deals will only count against the cap – and against a team’s bank balance – for $1,620,564, the minimum salary for a player with two years of experience."
So essentially the NBA will be picking up 553,754K of MCW's salary.
https://www.hoopsrumors.com/2019/06/nba-minimum-salaries-for-201920.html