The stretch provision takes the amount owed (in this case, 3.135M) and splits it evenly over 3 years. This happens anyway in paying out the cash for 2011 CBA buyouts, but teams can choose to have the cap hit over the original contract length, or 2x the OCL plus one. So in Williams' case, the Blazers can either keep 3.135M on the cap for this year, and be done, or have to have 1.045M each year over the next 3 on their cap. So if they did that, we would have an extra 2.090M under the cap. The 12.9M max number assumes a 58.0M cap number. Most analysts are saying it's going to be around 61-61.5M, which would make a max offer to Hibbert start at 13.6M or so.
Where did you hear about that? I thought I heard maximum salaries are temporarily a bit higher in terms of percentage of the cap, but they will go back to the permanente % rates in a year or two. So this coming season the max contracts are the amount from a $61million cap but the actual cap is staying the same as last year at $58 million since revenue didn’t go up. But I don’t really know I’ve heard a lot of stuff, it’s Friday and my head hurts.
And it would add the identical "about 2 million" on to the cap half in 2013-14 and half in 2014-15. Then those years have a punitive luxury tax. I would've only considered stretching Williams if that additional cap room this off-season was a worthwhile difference. But if the team got a reduction from this buyout perhaps the team has some of the advantages of both scenarios.
they've been saying 60-61M since November, but this week the 61.5 number was thrown around for the first time. I'll try to dig up the articles...I don't think I would've trusted tweets on this one, but I've been reading a lot of NBA B.S. recently...
From everything I've read (and I haven't seen anything today), Williams wasn't going to take a penny less than what he was owed.
