Salary cap Rumors
McCollum clearly would’ve been destined for a maximum offer sheet as a restricted free agent in the summer of 2017, and the Blazers eliminated the possibility of a “poison pill” offer sheet that could’ve allowed McCollum into unrestricted free agency with a player option on the third year of his deal. McCollum’s extension will start in the 2017-18 season, and he will earn $3.2 million in 2016-17, the last year of his current rookie contract. McCollum will earn approximately $23.9 million, $25.7 million, $27.5 million and $29.3 million over the course of the four-year deal – based upon the projected $102 million salary cap next year.
Bobby Marks: Portland was not going to be a player in FA next summer even with the McCollum cap hold. Makes sense to lock him up now and not wait.
The Oklahoma City Thunder rescinded the qualifying offer to guard Dion Waiters on Monday, making him an unrestricted free agent, league sources told The Vertical. The move protects salary cap space for the Thunder’s primary offseason objective, league sources said: persuading five-time All-Star guard Russell Westbrook to renegotiate his contract, which would eliminate his 2017 free agency.