Spurs Salary dump?

[Kstat]

the savings is in Jackie Butler's salary.

[Glenn]

I can see how they could save about 3 mil, but I can't get 7.

Butler (2.35m) doubled due to luxury tax = $4.7m

Take back Spanoulis (1.67m) which puts them under the tax:

4.7m - 1.67m= ~3m

[Uncle Mxy]

Spanoulis' salary this year is $1.94 million.

If I understand the CBA right, what the Spurs can get back if he is released and signs with another Euro team is "limited to one-half the difference between the player's new salary and the minimum salary for a one-year veteran". So, unless someone's throwing a big-ass contract at Spanoulis in Europe, the Spurs don't get much back. Right?

If they can invoke some other mechanism other than releasing him, I'm all ears.

[defrocked]

I think some of the money involved is the "cash contributions" from the Rockets.

[Zekyl]

I think some of the money involved is the "cash contributions" from the Rockets.

That's what it seems like to me. How exactly do cash contributions work with the cap? Do they give you more cap space or what?

[defrocked]

My understanding is it really is just a check cut to a team that doesn't affect the salary cap, but it would be helpful if a team goes into the luxury tax, having to pay extra money. So if a trade causes a team to go .5 mill in salary over the tax, the other team could offer a mill to cover the cost. That's how I've understood it, but I'm far from a CBA expert. I imagine there's a cash limit to how much can be added.

[Glenn]

$3 mil was the limit, last I knew