Den54
Punk Exterminator
Interesting read for my Magic brothers.
http://magic.realgm.com/articles.phtml
Right now the Magic, holders of the 6th highest payroll in the NBA, have just over $65.6 million in guaranteed contracts for the upcoming season. By the end of the season, after the contracts of Doug Christie, Tony Battie and Kelvin Cato would expire, the Magic will have $47.3 million in guaranteed contracts. The contracts of this years draft picks or possible free agent signings will likely make that number grow a little bit. The Magic could have a payroll up to $72 million by the end of the summer.
The way things look right now, the Magic will not be under the salary cap until after the 2006-2007 season, when Grant Hill’s contract expires and comes off the cap. The Magic will have $23.2 million dollars (+ draft picks and/or possible free agent signings) in guaranteed contracts then, meaning they could easily have enough money to spend in free agency to offer someone a contract up to the maximum allowed by the NBA. Besides Steve Francis ($15 million) the Magic would only have Hedo Turkoglu ($6.8 million), Dwight Howard ($6.1 million) and Jameer Nelson ($2 million) under contract out of the current group of players if they would pick up Howard’s and Nelson’s 4th year options.
In 2007 the better players of the 2003 NBA Draft class that had their 4th year options picked up by their teams will become restricted free agents if they haven’t signed extensions with their teams before then. The 2007 free agent class could have players available such as Cleveland’s LeBron James, Denver’s Carmelo Anthony, Miami’s Dwyane Wade, Toronto’s Chris Bosh, Chicago’s Kirk Hinrich and many others.
http://magic.realgm.com/articles.phtml
Right now the Magic, holders of the 6th highest payroll in the NBA, have just over $65.6 million in guaranteed contracts for the upcoming season. By the end of the season, after the contracts of Doug Christie, Tony Battie and Kelvin Cato would expire, the Magic will have $47.3 million in guaranteed contracts. The contracts of this years draft picks or possible free agent signings will likely make that number grow a little bit. The Magic could have a payroll up to $72 million by the end of the summer.
The way things look right now, the Magic will not be under the salary cap until after the 2006-2007 season, when Grant Hill’s contract expires and comes off the cap. The Magic will have $23.2 million dollars (+ draft picks and/or possible free agent signings) in guaranteed contracts then, meaning they could easily have enough money to spend in free agency to offer someone a contract up to the maximum allowed by the NBA. Besides Steve Francis ($15 million) the Magic would only have Hedo Turkoglu ($6.8 million), Dwight Howard ($6.1 million) and Jameer Nelson ($2 million) under contract out of the current group of players if they would pick up Howard’s and Nelson’s 4th year options.
In 2007 the better players of the 2003 NBA Draft class that had their 4th year options picked up by their teams will become restricted free agents if they haven’t signed extensions with their teams before then. The 2007 free agent class could have players available such as Cleveland’s LeBron James, Denver’s Carmelo Anthony, Miami’s Dwyane Wade, Toronto’s Chris Bosh, Chicago’s Kirk Hinrich and many others.