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Old 06-30-2010, 08:13 PM   #41
bagelred
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Join Date: Jun 2006
Posts: 28,329
Default Re: Richard Jefferson opts out

Quote:
Originally Posted by icemanfan
$51 mil after he opted out. That is NOT over the cap.

Let's follow the logic:

$56.1 - $51 = $5.1 million of cap space. Because the Spurs are now under the cap, you get NO MID LEVEL EXCEPTION.

The MLE for 2010 is about $5.8 million?

So actually, now the Spurs have LESS money to spend if Jefferson stayed. See how that works?
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