...It sounds like the maximum annual salary is going to be about $925,000.
...It sounds like the maximum signing bonus is going to be 10% of that, about $92,500 (Do we add that into the capgeek total? - $1,017,500)
...It sounds like the maximum performance bonus is going to be about $2,850,000 ("A" + "B", $850,000 + $2,000,000), but idk if you plug that into the cap geek total either?
ENTRY LEVEL PLAYERS
How much can Entry Level players make?
Entry Level players will be subject to a maximum annual salary (plus signing and games played bonuses) of $850,000 for 2005 and 2006 draftees; $875,000 for 2007 and 2008 draftees; $900,000 for 2009 and 2010; and $925,000 for 2011 draftees.
The maximum combined signing bonus will be limited to 10% of the player's maximum annual compensation in any year.
Entry Level players may negotiate for performance bonuses up to a maximum of $850,000 in individual "Schedule A" bonuses per year (maximum of $212,500 per bonus). A player may also be eligible to earn individual "B" bonuses for League-wide excellence, which will, as a general matter, be paid by the League. In addition, a player will be eligible to negotiate with his club "excess" individual "B" bonuses, subject to a maximum aggregate of $2 million in any year.
How long will a player be in the Entry Level system?
Players who sign their first contract at age 18-21 are required to sign three-year Entry Level contracts; players age 22-23 will be required to sign two-year deals; and players age 24 will be required to sign a one-year Entry Level contract.
How much can unsigned players from the 2003 and 2004 Entry Drafts contract for?
Clubs may sign 2004 draftees to a maximum salary of $984,200 and 2003 draftees to a maximum salary of $942,400. These salaries are based on a 24% rollback to the maximum salary under the previous CBA for the players' respective draft years. Additionally, draftees from prior years may negotiate for a signing bonus not to exceed 30% of his maximum annual compensation. Performance bonuses may be negotiated as per new CBA rules.
Edited by blueadams, 25 June 2012 - 10:25 AM.