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Re: Re-signing Walker (was Re: Cruel Ironies)
This is the first I have heard anywhere of Dino's half salary coming off
the cap next season. Somehow I don't think so. It has never been noted by
any of our resident capologist, nor by the media type who keep up with and
report this kind of thing.
I question the info, as this report also has Edney as a FA in 1999, which
isn't technically true, except that there might be a team option in 1998.
Does anyone know for sure?
----------
> From: Kim Malo <kmalo19@idt.net>
> To: celtics@igtc.COM
> Subject: Re-signing Walker (was Re: Cruel Ironies)
> Date: Sunday, March 15, 1998 4:55 PM
>
>
> Why? The main reasons:
> The Cs will move under the cap this summer to begin with. Dino comes off
our
> cap ($2.5M) and they can release Popeye and Tabak (another couple
million,
> not sure of amount). Plus there will be the estimated $6-8M increase in
the
> cap from the new TV deal. So they have money to play with now. And can
still
> use it before re-signing Walker.
>
> The FA after 1999 are Walker, of course. After that, you have McCarty,
> Jones, Bowen and Edney. The total they free up will be about what
dropping
> Dino frees up this year -this is a case of quantity of contracts
expiring,
> rather than quality in terms of dollar amount. 2000 and 2001 are when the
> carryover contract headaches of Barros, Minor and Ellison espire.