Roughneck
Registered User
I think you forgot about the 57% Players Share.
Old: $36M/3 yr = $12M/yr
New: $375M/7 yr = ~$53.6M/yr
delta(midpoint) = (New - Old) * Players Share / # teams = $41.6M * 0.57 / 30 = ~ $790K.
Of course, this all assumes the Cap formula (and Players Share) doesn't change in the next CBA.
Ahh, indeed I did. Thanks for the correction.