Quote:
Originally Posted by dude1394
Does the 6mill count against the cap or just a trade-bonus for him?
|
{Update: There have been a lot of questions about the 'trade kicker' in Smith's contract. Here is an explanation. The trade kicker is said to be $6 million dollars. Even though that amount is sent to Smith immediately, the full amount doesn't count towards the salary cap.
The amount that does count against the cap is broken up evenly over the length of the contract. Which in this case is the 4 years left on Smith's contract. So $1.5 million is added to Smith's contract the next four years. This season it would count for $12.3 million dollars(10.8 + 1.5). Which means (insert team here) could send to Atlanta salaries that were within the trade rules(125% + 100k) of that amount.}
.