03-23-2020, 04:29 AM
(This post was last modified: 03-23-2020, 04:31 AM by reckoner07.)
"John Hollinger, a writer for The Athletic and a former Memphis Grizzlies executive, estimated that those losses could translate to a salary cap decline of $8 million next year, easily the largest ever, even if Silver can salvage the playoffs. A Bleacher Report estimate said that the salary cap hit could reach $15 million if the season is lost.
Such a drop would have numerous wide-ranging repercussions.
Young stars like Toronto Raptors forward Pascal Siakam and Philadelphia 76ers guard Ben Simmons signed maximum contract extensions before the season that were worth 25 percent of next year's salary cap figure. Those contracts would drop proportionally with the salary cap, potentially costing both players millions in anticipated earnings.
Free agents set to hit the market this summer would also be hit hard, with potential suitors having less spending power than initially expected. A lack of superstar talent was going to make this summer's free agency period relatively quiet regardless, but the changing market dynamics could encourage some players to exercise their contract options and delay free agency until 2021. Second-tier players might also be forced to settle for one-year contracts and hope that more money is available next summer.'
https://oklahoman.com/article/5658283/co...y-cap-drop
You don't say...
Such a drop would have numerous wide-ranging repercussions.
Young stars like Toronto Raptors forward Pascal Siakam and Philadelphia 76ers guard Ben Simmons signed maximum contract extensions before the season that were worth 25 percent of next year's salary cap figure. Those contracts would drop proportionally with the salary cap, potentially costing both players millions in anticipated earnings.
Free agents set to hit the market this summer would also be hit hard, with potential suitors having less spending power than initially expected. A lack of superstar talent was going to make this summer's free agency period relatively quiet regardless, but the changing market dynamics could encourage some players to exercise their contract options and delay free agency until 2021. Second-tier players might also be forced to settle for one-year contracts and hope that more money is available next summer.'
https://oklahoman.com/article/5658283/co...y-cap-drop
You don't say...