1 result for tag: Michael Finley

NBA’s tentative labor agreement available, amnesty rule gets a tweak

Our friend Sam Amick of SI.com has landed the new tentative agreement.  While many are focusing on the finer nuances of the BRI split and exceptions, Kings fans should be looking at two specific items. First and foremost, a new provision requires all teams spend a minimum of 85% of the $58-million cap.  What does that mean Kings fans?  The Maloof family must spend at least $49.3 million in salary this season.  Why is this important?  The Sacramento Kings currently have roughly $31.8 million in dedicated salary after signing rookie first round pick Jimmer Fredette.  That leaves a whopping $17.5 million to spend on retaining restricted free agent Marcus Thornton, as well as signing second round picks Isaiah Thomas and Tyler Honeycutt.  $17.5 is the MINIMUM.  In total, the Kings are approximately $26.2 million under the salary cap. Now, here is something new and exciting for you CBA geeks out there.  Yes, there is an amnesty clause which allows every team in the league to jettison one player off of their current roster without either luxury tax or salary cap implications.  BUT, there is something new hiding in the proposal which might come in handy for the Sacramento Kings. ... More