I think our maths are different? Here’s my understanding: The projected salary for the 2024-2025 season is: 142.8million
Sabonis has over 7 years of experience and would qualify for the 30% max salary cap with 8.5% annual raises. A typical 4-year max contract next year would end up looking like:
2024-2025: 42,840,000
2025-2026: 46,481,400
2026-2026: 50,432,319
2027-2028: 54,719,066
total: $194,472,785
Here’s the number James Ham gave for Sabonis’ actual extension:
total new money (not counting this season): $187.4million
Comparing the year by year number, it’s a $2million difference. But Sabonis isn’t actually giving up any money. On paper, he makes up for it this year because we’re giving a raise of
$7.7million this year…
which is actually more than the difference. which is close to the difference.
If anything, this is a great job for Monte’s team being able to sell Sabonis on the pitch. He “accepts” less, but in reality he doesn’t. He’s just getting paid his money earlier, but it saves the Kings about $2million extra in cap space.
I think we just figured out what Monte spent the 24th pick on?
But I don’t think Sabonis should be painted as someone who gave up less money… he didn’t. He got paid his max.