thegrahamcrackr
Registered User
This is from insider today, I have never heard of it before, but it is pretty cool
Carmelo Anthony has decided to delay his signing so that an estimated $500,000 can be applied to the Nuggets' cap space and used to help lure another free agent to the team. "That's a pretty special young man," Nuggets GM Kiki Vandeweghe told the Rocky Mountain News. "So many guys are thinking about themselves first and the team second. That goes to show you this young man is thinking team first."
Drafted rookies count against the cap based on the NBA's rookie salary scale, even before they sign. However, teams customarily give first-round picks a 20 percent bump in pay over the salary scale. That extra 20 percent does not count on the cap until the player actually signs. Which leaves the Nuggets an extra $500,000 to play with until Anthony signs.
Carmelo Anthony has decided to delay his signing so that an estimated $500,000 can be applied to the Nuggets' cap space and used to help lure another free agent to the team. "That's a pretty special young man," Nuggets GM Kiki Vandeweghe told the Rocky Mountain News. "So many guys are thinking about themselves first and the team second. That goes to show you this young man is thinking team first."
Drafted rookies count against the cap based on the NBA's rookie salary scale, even before they sign. However, teams customarily give first-round picks a 20 percent bump in pay over the salary scale. That extra 20 percent does not count on the cap until the player actually signs. Which leaves the Nuggets an extra $500,000 to play with until Anthony signs.
