Yao Signs Extension
Sorry Los Angeles. According to Jonathan Feigen, Yao has signed a five-year extension with the Rockets that will guarantee the Great Wall 25% of the Rockets' salary cap each season through the 2010-2011 season.
posted by Scott | 11:36 AM
3 Comments:
So Yao and McGrady eat up 50% of salary, is this smart? Or rather, is this common for teams with two superstars?
Hedgehog,
Note that the NBA cap is a soft cap such that the owners can exceed the cap, but they must pay the luxury tax for every $1 that the exceed the cap. In other words, the Rockets won't necessarily be prevented from spending money in the future based on T-Mac and Yao, but they may encounter significant luxury tax costs.
50% cap occupancy aside, T-Mac and Yao owning Toyota Center for the foreseeable future is fine by me.
Post a Comment
<< Home