Wolves to amnesty Darko in order to sign Batum

Discussion in 'Minnesota Timberwolves' started by Ricky Business, Jul 12, 2012.

  1. Ricky Business

    Ricky Business Wolves Fan

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    http://espn.go.com/nba/story/_/id/8159297/minnesota-timberwolves-amnesty-darko-milicic-nicolas-batum

     
  2. Ricky Business

    Ricky Business Wolves Fan

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    It's honestly about time. I knew it would happen eventually. Now to make the Batum offer and hope it isn't matched.
     
  3. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    Even with the Darko amnesty, they don't have enough to offer Batum more than 4/20M. They only have 4.4M in cap space right now. They could waive Miller and Webster to open up enough space, but that takes 7 days from when they were waived. They can't offer a 4/46M sheet today.
     
  4. Ricky Business

    Ricky Business Wolves Fan

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    With Darko on the team, the salary for this year is at $48,791,800 as we have not officially signed anyone. Subtract Darko's $5,228,000 that would count against the cap and we are at $43,563,800 with the cap set at $58.04m. That leaves us with around $14m before the Miller and Webster contracts are dealt with.

    http://hoopshype.com/salaries/minnesota.htm

    Where did you come up with the $4.4m?
     
  5. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    because you can't NOT deal with Webster's and Miller's contracts. You're at 53.6M until Webster and Miller are waived. That's a 7-day process.


    Love 12,922,194
    Martell Webster 5,712,000
    Darko Milicic
    Brad Miller 5,104,000
    Nikola Pekovic 4,837,200
    Derrick Williams 4,809,840
    Jose Barea 4,493,500
    Wesley Johnson 4,285,560
    Luke Ridnour 4,000,000
    Ricky Rubio 3,741,120
    Wayne Ellington 2,083,042
    Chase Budinger 885,120
    Malcolm Lee 762,195
    Total: 53,635,771

    After waivers (7 days from requested):

    Love 12,922,194
    Martell Webster 600,000
    Darko Milicic
    Brad Miller 800,000
    Nikola Pekovic 4,837,200
    Derrick Williams 4,809,840
    Jose Barea 4,493,500
    Wesley Johnson 4,285,560
    Luke Ridnour 4,000,000
    Ricky Rubio 3,741,120
    Wayne Ellington 2,083,042
    Chase Budinger 885,120
    Malcolm Lee 762,195
    Total: 44,219,771
     
  6. Ricky Business

    Ricky Business Wolves Fan

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    The deadline date for the options on Webster and Miller were extended so they don't count fully against the cap. There is a portion of each that is guaranteed the does count against the cap but all of it does not.
     

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