Stifle Tower
Punch Bowl Re-Filler
Gotcha. And remind me to rep you when I'm able.Yes, that is his outgoing salary. His incoming salary is still this years salary, though. See this link, for example: https://www.hoopsrumors.com/2012/05/poison-pill-provision.html
"For salary purposes, if a player is traded between extending his rookie contract and the extension taking effect, the player's trade value for the receiving team is the average of his current salary and the annual salary in each year of his extension."
So the deal is likely one that waits until July 10th to be completed based on the fact neither team has the cap room to make an uneven trade. Then Favors' contract value is $12M, so Cleveland renounces Hawes. Hawes is an UFA so it really doesn't matter if they have him on their books or not. There's no advantage in terms of the contract they'd be able/willing to offer him.