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?