02-09-2024, 11:09 PM
(02-09-2024, 09:50 PM)Jmaciscool Wrote: Yeah, I'm now really confused on how this works.
The set off when there is a waiver is only for the new salary up to the prorated remaining Minimum contract cut in half. So, if the remaining prorated minimum was $700k and a team signed a player for $4mm, then the set off is $350k (half of the remaining prorated minimum) and the player makes EXTRA money.
Dallas has $4.9mm of the MLE left and LA has $1.9mm. These amounts are cut down by proration as Toronto only has 36% of its season left. In my example above, if LA give SD the entire exception, the press will say he got $1.9mm. But, that is annualized. He really got 36% of that and the first $350k goes to Toronto and the rest goes to SD.