Pek Day!
Posted: Tue Jan 31, 2017 1:43 pm
Series of Tweets about Pek's situation from NBA cap and salary guru Albert Nahmad.
https://twitter.com/albertrandom1/status/826485403867815936
-Wolves can apply to have Nikola Pekovic's cap hits -- $12.1M for 2016-17, $11.6M for 2017-18 - excluded from team salary staring today.
-Pekovic salary exclusion would be granted if jointly-selected doctor rules injury career-ending or constitutes medically unacceptable risk.
-If the exclusion is granted, Wolves' 16-17 cap room increases to $24.8M, 17-18 max projected cap room increases to $37.1M (at $103M cap).
-Wolves are currently $3.3M below salary floor. Pekovic's salary will count toward the salary floor whether the exclusion is granted or not.
-If Pekovic doesn't play again, Wolves can be reimbursed $8.7M of his $12.1M salary for 2016-17 and $9.3M of his $11.6M salary for 2017-18.
Here are a couple of my own thoughts. The last I heard from Pek was he said in December he could t run without pain. I can't imagine a scenario where some doctors wouldn't consider him unable to play now and this adversely affecting his future health if he kept playing. A majority of Pek's salary coming off the books seems like pretty much a certainty right now. The Wolves are likely going to have some money to play with this summer if they want to sign some players to contracts.
https://twitter.com/albertrandom1/status/826485403867815936
-Wolves can apply to have Nikola Pekovic's cap hits -- $12.1M for 2016-17, $11.6M for 2017-18 - excluded from team salary staring today.
-Pekovic salary exclusion would be granted if jointly-selected doctor rules injury career-ending or constitutes medically unacceptable risk.
-If the exclusion is granted, Wolves' 16-17 cap room increases to $24.8M, 17-18 max projected cap room increases to $37.1M (at $103M cap).
-Wolves are currently $3.3M below salary floor. Pekovic's salary will count toward the salary floor whether the exclusion is granted or not.
-If Pekovic doesn't play again, Wolves can be reimbursed $8.7M of his $12.1M salary for 2016-17 and $9.3M of his $11.6M salary for 2017-18.
Here are a couple of my own thoughts. The last I heard from Pek was he said in December he could t run without pain. I can't imagine a scenario where some doctors wouldn't consider him unable to play now and this adversely affecting his future health if he kept playing. A majority of Pek's salary coming off the books seems like pretty much a certainty right now. The Wolves are likely going to have some money to play with this summer if they want to sign some players to contracts.