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Re: Salary Cap
I factored in that we would get $4 million from Dino Radja playing Greece.
I've heard anywhere from $1 million to all of his money. The exemption
would limit $1 million off plus the money I didn't factor correctly in the
Radja deal.
- ----------
> From: Brian Boisvert <brianb@stylus.com>
> To: CELTICS@igtc.COM
> Subject: Re: Salary Cap
> Date: Friday, July 11, 1997 12:30 PM
>
>
> >I estimate that the Celtics will have about $6 million in cap
> >space this offseason if Dino leaves to play in Greece.
> >This does not include any rookies or any salary increases.
>
> Are you assuming that *all* of Dino's salary comes off the cap? I'm sure
> we're going to be forking over some cash to Dino and that is sure to
> count.
>
> >Every NBA team has a $1 million exemption
> >and I don't believe the Celtics have used theirs.
>
> I'm not a cap expert, but didn't we lose this as soon as we renounced our
> 9 free agents? This put us *under* the cap, thus the exemption is taken
> away.
>
> --Bri