Re: 7.3 Million in Cap Room

[skmishra@dlsun660.us.oracle.com (Shailendra K. Mishra)]

No it does not, Pitino himself confirmed it on WEEI. If the C's renounce Popeye 
&  Tabak it will free up 1.9+0.9 = 2.8 mill - (increase in Anderson salary which
will be 20% of his basic salary). Guys any way you look at it, we are screwed. I 
have no faith in Pitino & Wallace getting us out of the woods both are clueless. 
I am not Chauncy Billups fan but I still hate this trade.  
                              - Mishra
                              

> From JThorneST@aol.com Wed Feb 18 15:55:57 1998

> 
> This trade does free up 7.3 in cap room. Kenny Anderson's entire contract was
> picked up by the Blazers. A lot of discussion has been that Paul Allen pays it
> but it doesn't count against the cap. However, it does. I am almost sure of
> this fact, because while it would save the Toronto Owners some money, the main
> point is to free cap room, which they did. Think about this: why if Paul Allen
> is paying it would it not count against Portland's cap? Portland is already
> over the cap anyway, with the Rasheed Wallace and Brian Grant signing, and
> will be further over the cap when they resign Damon this summer. The fact that
> it counts against cap should mean nothing to the Blazers. Guys, we have Kenny
> Anderson for free, both in terms of Paul Gaston and salary cap purposes. When
> you add Tyus Edney's contract, we have 7.7 million in cap room. The cap may or
> may not go up so I would at least estimate that we will have 8 million cap
> space. I believe that the guy Pitino is targeting is Scottie Pippen. Although
> personally I would wait a year and take a look at Vin Baker,Penny Hardaway,
> and Antoine's rookie class. Speaking of Antoine, if we wait with the cap
> space, we would have to agree to terms but not sign him so we could keep our
> room. Isiah and Damon had a similar agreement so Toronto could purse some
> UFA's this summer, but when Isiah left, that agreement obviously went by the
> wayside. Other potential guys for us this summer could include Antonio
> McDyess, Joe Smith, and Issac Austin. But Pippen makes the most sense in my
> opinion.
> 
> BTW- I am almost 100% on that cap deal.
> 
> P.S. Wonder if Barros instead of Billups still could have landed us Kenny? My
> bet is that it could have, if we made Toronto wait until the deadline. If that
> had happened, we still could have kept Chauncey, and gained another million
> more in cap room than Chauncey's contract provided.