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Old 03-15-2012, 11:37 AM   #22
Xiao Yao You
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Default Re: Sam Young traded to 76ers

Quote:
Originally Posted by zac
Well the main reason was to get under the Luxury Tax line and to receive the revenue sharing. It's been speculated for a while now that he would be the guy to go since the Grizzlies were roughly $600,000 over the line and Young's contract owed him almost $1,000,000 this year. Now as far as signing Arenas goes, I'm a little confused. I thought the Grizzlies would have to sign him at the vet min of $1.4mil so then we'd have to unload someone like Pargo's $1,000,000 to get under the tax line again. However, the Commercial Appeal tweeted this.




Someone with more knowledge might be able to explain this.

Only a month and a half left so Arenas only gets like 300 K.
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