Sunday, August 18, 2013

NBA Salary Cap Chat With Larry Coon 8/16/13

Larry Coon

What do you mean, ?no one has been able to answer?? See my FAQ starting with question #37 ? that answer has been there since 1999.

The scenario you described is exactly what the CBA prevents. To do this, free agents continue to count against a team?s cap until they are re-signed, sign somewhere else, or are renounced. In Kobe?s case, he will continue to count $32 million against the Lakers? cap, so if they otherwise would have $50 million in cap room, with Kobe as an unsigned free agent they?d only have about $18 million.

Different kinds of free agents count different amounts against the cap ? see question #38 of my FAQ for a full list.

Renouncing happens when a team wants to regain the cap room that is tied up by their free agent. When a team renounces a player, it gives up the right to re-sign the player using Bird rights. So if the Lakers renounce Kobe they will regain that $32 million in cap room. But then they will only be able to re-sign him with cap room or the Room Mid-Level exception.

Source: http://www.hoopsworld.com/nba-salary-cap-chat-with-larry-coon-81613?utm_source=rss&utm_medium=rss&utm_campaign=nba-salary-cap-chat-with-larry-coon-81613

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