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CrazyFromTheHeat
Joined: 21 Jan 2005
Posts: 31
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 Posted: Thu Jul 28, 2005 10:24 pm Post subject: Cap Question About the Miami Heat |
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After Keyon Dooling signed with the Magic, it was said that the Miami Heat would need to dip into their MLE to re-sign Damon Jones for similar money. My guess is that this reason isn't true, that instead it was the Heat choosing to use part of the MLE to avoid going over their cap number. Am I correct, and if so, how is it decided how much the Heat can pay DJ?
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Dan Rosenbaum
Joined: 03 Jan 2005
Posts: 497
Location: Greensboro, North Carolina
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| Posted: Thu Jul 28, 2005 10:59 pm Post subject: Re: Cap Question About the Miami Heat |
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| CrazyFromTheHeat wrote: | | After Keyon Dooling signed with the Magic, it was said that the Miami Heat would need to dip into their MLE to re-sign Damon Jones for similar money. My guess is that this reason isn't true, that instead it was the Heat choosing to use part of the MLE to avoid going over their cap number. Am I correct, and if so, how is it decided how much the Heat can pay DJ? |
It would have been more appropriate to ask this question over at the CBA/Business Related forum over at RealGM. Damon Jones signed a one-year contract last summer for $2.5 million. The Heat can resign him to (probably) a five year deal with 8% raises starting at 120% of $2.5 million. But if they wanted to offer a starting salary of $4 million, they would have to use $4 million of their MLE. Thus, if another team comes in with a significant offer the Heat will have a big decision to make. |
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CrazyFromTheHeat
Joined: 21 Jan 2005
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| Posted: Thu Jul 28, 2005 11:12 pm Post subject: |
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Thanks, Dan. I didn't even think of going to realgm. I hope its ok if I ask a followup question.
Does that mean that there's a figure the Heat can't match, and if so, what is it, approximately?
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Dan Rosenbaum
Joined: 03 Jan 2005
Posts: 497
Location: Greensboro, North Carolina
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| Posted: Thu Jul 28, 2005 11:17 pm Post subject: |
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| CrazyFromTheHeat wrote: | Thanks, Dan. I didn't even think of going to realgm. I hope its ok if I ask a followup question.
Does that mean that there's a figure the Heat can't match, and if so, what is it, approximately? |
Jones is not a restricted free agent, so the Heat do not have the ability to match an offer. But it appears that for a starting salary above $3 million, they would have to use their MLE. And, of course, anything above the MLE they would not be able to offer. |
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CrazyFromTheHeat
Joined: 21 Jan 2005
Posts: 31
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| Posted: Thu Jul 28, 2005 11:23 pm Post subject: |
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Yeah, I didn't mean match in the technical way, I meant it terms of making a competitive offer.
So, last question I promise. If they have 3 mil to offer, but it takes 4 mil to get the deal done, is it 1 mil or 4 mil that comes from the MLE?
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Dan Rosenbaum
Joined: 03 Jan 2005
Posts: 497
Location: Greensboro, North Carolina
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| Posted: Thu Jul 28, 2005 11:58 pm Post subject: |
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| CrazyFromTheHeat wrote: | Yeah, I didn't mean match in the technical way, I meant it terms of making a competitive offer.
So, last question I promise. If they have 3 mil to offer, but it takes 4 mil to get the deal done, is it 1 mil or 4 mil that comes from the MLE? |
$4 million. |
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