GVC
Well-Known Member
For own team free agents, max annual raises and decreases (in terms of cap hit) can't exceed 7.5% of the first year salary (cap hit, really...signing bonuses, and other odd payment schedules, muck this up). For other teams' free agents, this number is 4.5% (this is an oversimplification, as there are different types of free agents, but it will suffice for this conversation).Franklin, I seem to remember you having some real details on this issue.
Doesn't the new CBA mandate that annual decreases can't exceed a certain percentage of the previous year?
Yeah, I'm lazy when it comes to legal jargon... I don't want to surf through that.
If you wanted to sign your own free agent (with Bird rights) to a 4-year contract, averaging $10mm/year (like Hack's in a previous post), the best front-loading you could do (again, in terms of cap hit) is:
Year 1: $11 267 605.64
Year 2: $10 422 535.22
Year 3: $9 577 464.20
Year 4: $8 732 394.38