I saw on Wizards forum because the Kings can only offer 5% raises, that calculates out to:
Year 1 = $24,773,250
Year 2 = $26,011,913
Year 3 = $27,250,575
Year 4 = $28,551,171
TOTAL = $106,586,908
Let's assume these numbers are reversed to make it punitive on the Wizards. Same total, just instead of 5% raises, it is a 5% decline year to year.
Year 1 = $28,551,171
Year 2 = $27,250,575
Year 3 = $26,011,913
Year 4 = $24,773,250
TOTAL = $106,586,908