dezziepoo
dezziepoo's Comments
Posted Tuesday July 17, 2012, About: Knicks, Rockets feuding over Lin deadline
The luxury cap hit is overblown. With the new CBA, "teams also may elect to stretch a waived player's salary cap hit over the same number of years. So if Lin proves to be a disaster over the next two seasons, the Knicks can waive him, stretch the payment of his $14.8 million salary over three years, and reduce his salary cap amount to about $4.9 million in each season."
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