Potential savings if Fin is waived

[vjz]

Not sure if it's already posted in a thread, but I thought this was interesting. Link to whole article here.


Mavs are expected to dump Finley
By Art Garcia
Star-Telegram Staff Writer

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Assuming the Mavs remain above the luxury-tax threshold -- a safe assumption -- Finley's deal would cost the Mavs up to $103.6 million. Waiving Finley would save Mavs owner Mark Cuban up to $51.8 million in luxury-tax payments.

But that's only part of the savings for the next three years, because Finley's contract is substantially deferred. The Mavs would pay Finley approximately $5 million of next season's $15.9 million salary, with the remainder spread out over a number of years. It's a similar situation for the last two years of his deal, meaning the overall bottom-line savings for the next three seasons could fall in the $80 million range, a figure even the billionaire owner can't ignore.

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If waived, Finley is free to sign with any team except the Mavs. The market for Finley, an effective locker-room presence with a career 19-point scoring average, is expected to be good. His new salary also could lead to even more savings for the Mavs. The new CBA contains a formula that could offset some of what the Mavs owe Finley, though the details have yet to be finalized.