Effect of Dooling's Retirement
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Effect of Dooling's Retirement
Sign a contract, get paid $400k 6 weeks later without having to lace up a pair of sneakers. Nice job, if you can get it. The Celtics still have their bi-annual exception, HOWEVER, they can only use $1.8M of that $1.95M Exception due to the hard cap.
Gyso, could you please check the above statement, please?
Mark Deeks from ShamSports.com provides an update on Keyon Dooling's contract buyout:
Mark Deeks
@MarkDeeksNBA
Keyon Dooling received a $400,000 buyout from the Celtics when he retired. Jordan Williams received $420,000 from Atlanta.
That appears to cut Boston's cap charge (previously $854,839) in
half. By our count, the team will enter the season on the hook for
roughly $72.5 million in committed salary for their 15 roster players
(as well as partial guarantees to waived players like Dionte Christmas
and Jamar Smith). Boston is hard-capped at the $74.3 million tax apron
after utilizing the full value of the mid-level exception this offseason
to sign Jason Terry.
bob
.
Gyso, could you please check the above statement, please?
Mark Deeks from ShamSports.com provides an update on Keyon Dooling's contract buyout:
Mark Deeks
@MarkDeeksNBA
Keyon Dooling received a $400,000 buyout from the Celtics when he retired. Jordan Williams received $420,000 from Atlanta.
That appears to cut Boston's cap charge (previously $854,839) in
half. By our count, the team will enter the season on the hook for
roughly $72.5 million in committed salary for their 15 roster players
(as well as partial guarantees to waived players like Dionte Christmas
and Jamar Smith). Boston is hard-capped at the $74.3 million tax apron
after utilizing the full value of the mid-level exception this offseason
to sign Jason Terry.
bob
.
bobheckler- Posts : 61563
Join date : 2009-10-28
Re: Effect of Dooling's Retirement
bob,
I haven't looked at any of the sites that list salaries lately. Those sites hadn't gotten all of the salaries completed when I last looked. Even with good numbers, I could only get ballpark answers. I may look at this later when I have the time.
It doesn't surprise me that we are that close.
Dang it, I just heard thunder!!
gyso
I haven't looked at any of the sites that list salaries lately. Those sites hadn't gotten all of the salaries completed when I last looked. Even with good numbers, I could only get ballpark answers. I may look at this later when I have the time.
It doesn't surprise me that we are that close.
Dang it, I just heard thunder!!
gyso
_________________
gyso- Posts : 22202
Join date : 2009-10-13
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