rec28
Registered User
Forgive me if this has been answered elsewhere, but I can't seem to find any reference to it either here or on Google (though perhaps I'm not using the proper search terms).
I'm trying to find out what happens with respect to existing team payroll in the event that the salary cap drops.
For example, say a team spends to the cap in year 1, and those payroll commitments all continue though the following year (i.e. the team has zero free agents at the end of the year - I know, I know. Just bear with me for argument's sake). Year 2 rolls around and due to falling league revenues the year 2 cap has been reduced to 85 percent of the year 1 cap. As a result, the team in question is left with a committed payroll that exceeds the year 2 cap by 15%.
Aside from salary-dump trades, are there any mechanisms built into the CBA that would allow such a team to get under the new cap? I'm thinking in terms of buyouts or an automatic across-the-board payroll reduction (to match the reduction in the cap), etc - some sort of release valve to ensure that teams don't exceed the cap solely due to year-to-year fluctuations in the cap number.
Personally, I would be extremely suprised to find out that there are any such mechanisms, but a buddy of mine is adamant that there would be some provisions made (buyouts, etc) in the event that something like this comes to pass.
BTW, I realize I am using grossly exaggerated figures and situations. I've been going through the text of the CBA for an answer, but my fluency in legalese is a little lacking...
I'm trying to find out what happens with respect to existing team payroll in the event that the salary cap drops.
For example, say a team spends to the cap in year 1, and those payroll commitments all continue though the following year (i.e. the team has zero free agents at the end of the year - I know, I know. Just bear with me for argument's sake). Year 2 rolls around and due to falling league revenues the year 2 cap has been reduced to 85 percent of the year 1 cap. As a result, the team in question is left with a committed payroll that exceeds the year 2 cap by 15%.
Aside from salary-dump trades, are there any mechanisms built into the CBA that would allow such a team to get under the new cap? I'm thinking in terms of buyouts or an automatic across-the-board payroll reduction (to match the reduction in the cap), etc - some sort of release valve to ensure that teams don't exceed the cap solely due to year-to-year fluctuations in the cap number.
Personally, I would be extremely suprised to find out that there are any such mechanisms, but a buddy of mine is adamant that there would be some provisions made (buyouts, etc) in the event that something like this comes to pass.
BTW, I realize I am using grossly exaggerated figures and situations. I've been going through the text of the CBA for an answer, but my fluency in legalese is a little lacking...