Salary cap Rumors
If Bosh’s condition is deemed to be career ending, Miami would be able to waive Bosh and apply for a medical exception that would wipe his salary — $23.7 million next season — from its books. The medical determination would have to be made by a physician jointly selected by the league and the union, according to the collective bargaining agreement.
There is, however, a waiting period before such a salary exclusion can be granted. If the player appeared in 10 or more games in a season — which Bosh did this season — the team cannot apply for the exception until the one-year anniversary of his last game. In this case, that would be Feb. 9, 2017. If Bosh were to return at any point prior to that, the clock obviously would reset on that waiting period. In any event, there is no opportunity for salary cap relief regarding Bosh’s contract this summer.
Rich Cho on preparation for spike in Salary Cap: “We are definitely prepared. I have about 75 different scenarios here of how things could play out. So we are looking at every possibility and have contingency plans for everything.”
Doc Rivers would not get into specifics, other than to say his son is one of the players on the team he expects will “get deals this summer, and we’re hoping they’re here.” The salary cap is an issue. The Clippers — not including player options — have roughly $78 million in guaranteed contracts for 2016-17, when the cap is expected to rise to about $89 million. Jamal Crawford, Luc Mbah a Moute, Jeff Green, Pablo Prigioni and Jeff Ayers are free agents and Cole Aldrich and Wes Johnson have player options, so there are those considerations.
After last season didn’t go the way he’d hoped, Deng could’ve hit the open market and surely would have commanded a lucrative multi-year contract, but instead exercised his $10.2 million option to stay in Miami. It was a big break for the Heat, who retained him at a reasonable price without compromising future salary cap space. From Deng’s vantage point, he believed in management’s overarching plan and Spoelstra’s determination to find the right way to use him. “I felt like we had a good team,” Deng said. “The guys were great teammates, the organization from top to bottom, the training staff, everybody — it’s really a positive vibe here. I wanted to give it time. I really believed that we were gonna win.”
According to an NBA memo, the league projects teams finished the season with a payroll shortfall of $93 million. By the rules of the Collective Bargaining Agreement (CBA), teams are obligated to collectively pay players in the range of 49-51 percent of the NBA’s basketball related income (BRI). Throughout the season, 10 percent of player salaries are held back in escrow, in case the players are overpaid based on their designated ratio of BRI. Because the league didn’t reach their mark, the players will get their withheld money back from escrow – plus the estimated $93 million.