Thursday, July 28, 2005
SONICS CAP SITUATION
There seems to be a lot of confusion on the Sonics cap situation let me try to clarify. The Sonics have not fully determined if they are going to be under the cap or over the cap. However, in all likelihood they will re-sign Radmanovic and stay above the cap.
Therefore, they have the $5 million exception to use to acquire talent. The Sonics current players, Radmanovic, Murray, Evans and Potapenko, can re-sign without using any of that $5 million. This is called having Bird rights.
However, if the Sonics re-sign Wilkins his money must come from the $5 million because he doesn’t have Bird rights since he has only been in the league for one season.
A few other notes. Players that are restricted free agents can have their contract matched by their current club. That is why the Sonics feel comfortable they will be able to keep Radmanovic, Evans and Murray. It also means that any thoughts of the Sonics getting Tyson Chandler or any other restricted free agent are pie in the sky.
I hope that makes some sense.