Author Topic: BY GOD, WE HAVE A 2 MILLION DOLLAR FA EXCEPTION!  (Read 3062 times)

Offline DuckyNinja

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BY GOD, WE HAVE A 2 MILLION DOLLAR FA EXCEPTION!
« on: July 10, 2008, 03:39:54 PM »
http://www.nba.com/sixers/features/speiser_q_and_a_080630.html

I was wondering if we had the Bi-annual exception.  Turns out we do.  Eddie, get it done!

Offline sixers hoops

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Re: BY GOD, WE HAVE A 2 MILLION DOLLAR FA EXCEPTION!
« Reply #1 on: July 10, 2008, 03:44:20 PM »
I believe they had it but had to renounce it to claim their cap room, so they no longer have it. This article was written before we signed Elton, so in theory, we did have it.

Offline Derek Bodner

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Re: BY GOD, WE HAVE A 2 MILLION DOLLAR FA EXCEPTION!
« Reply #2 on: July 10, 2008, 04:00:41 PM »
No, we don't have it.

http://nbpa.org/cba_articles/article-VII_6.php
Quote
Section 6(k)(1)
(k) Other Rules.

(1) A Team shall be entitled to use the Disabled Player, Bi-annual, Mid-Level Salary, and Assigned Player Exceptions set forth in Section 6(c), (d), (e) and (h) above, respectively, except as set forth in Section 6(h)(2) and (3) above, only if, at the time any such Exception would arise and at all times until it is used, the Team?s Team Salary, excluding the amount(s) of such Exception and any other Exception that would be included in Team Salary pursuant to Section 6(k)(2) below, is (i) at or above the Salary Cap, or (ii) below the Salary Cap by less than the amount(s) of the Team?s Exception(s).

Offline DuckyNinja

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Re: BY GOD, WE HAVE A 2 MILLION DOLLAR FA EXCEPTION!
« Reply #3 on: July 10, 2008, 04:06:28 PM »
Well that is extremely depressing.  Can you delete this topic now? >_>

Offline sixerscan

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Re: BY GOD, WE HAVE A 2 MILLION DOLLAR FA EXCEPTION!
« Reply #4 on: July 11, 2008, 09:07:08 PM »
Well that is extremely depressing.  Can you delete this topic now? >_>

We got Elton Brand instead. Feel better?