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Old 08-16-2004, 05:40 PM   #8
fin4life
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Default RE:Bobcats send Drobnjak to Hawks for 2005 pick

Quote:
Originally posted by: Dooby
So Atlanta now has less than $8M in cap room. If Atlanta was planning on paying Dampier 4 years at $40M, that contract would start at $8M; with 15% annual raises, that is $39,947,000.00. Signing Dampier to those numbers put them over the cap, but not by much. It is odd that no media report mentions that.
I think that is odd, maybe it was overlooked by the media... or maybe ATL and Damp have agreed to a 5 year deal worth 50 mil (i heard that somewhere) which would allow Damp to start off a little bit under 8 mil... probaly like 7.5.

I just did the math... If they start him out at 7.5 on a 5 year deal... it will be worth 50.5 mil.

Would 7.5 mil put ATL over the cap??????
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