05-10-2020, 10:22 AM
As for the coming cap problem due to reduced revenue the NBA will have to find creative solutions so as to not hogtie teams.
What I would suggest is every player under current contract has his contract prorated down equal to the reduction in cap. If NBA loses 30% of revenue then all contracts are valued at 70% value for cap reasons. Player would not take a reduction this would be for cap reasons only. Even if a player is traded his contract value is matched to the reduction.
But all new contracts would be worth full value for cap. So basically this would all grandfather out in the next 4 years. Best example is CP3. If kept or traded he gets same money but the team is only charged 70% of his contract for cap - since teams will be losing 30% revenue and corresponding cap reduced 30%. That way all teams are not killed by new cap for reasons beyond their control.
What I would suggest is every player under current contract has his contract prorated down equal to the reduction in cap. If NBA loses 30% of revenue then all contracts are valued at 70% value for cap reasons. Player would not take a reduction this would be for cap reasons only. Even if a player is traded his contract value is matched to the reduction.
But all new contracts would be worth full value for cap. So basically this would all grandfather out in the next 4 years. Best example is CP3. If kept or traded he gets same money but the team is only charged 70% of his contract for cap - since teams will be losing 30% revenue and corresponding cap reduced 30%. That way all teams are not killed by new cap for reasons beyond their control.
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