Nets Daily Collective Bargaining Agreement - Mock GM® 2012-13
| 2011-12 Salary Cap: |
$59,971,879.00
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| 2012-13 Salary Cap: |
$62,318,889.00
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| 2012-13 Salary Cap Threshold: |
$67,276,594.00
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| Luxury Tax: |
$01.00 for every dollar over the 2011-12 Salary Cap at the conclusion of the College Draft.
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| Max Yearly Salary Band 1 (0 - 6 years): |
$14,333,344.00 ($15,050,012.00 If Re-signed by current team)
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| Min Yearly Salary Band 1 (0 - 6 years): |
$467,392.00
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| Max Yearly Salary Band 2 (7 - 9 years): |
$17,760,883.00 ($18,648,928.00 If Re-signed by current team)
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| Min Yearly Salary Band 2 (7 - 9 years): |
$965,943.00
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| Max Yearly Salary Band 3 (10+ years): |
$20,876,828.00 ($21,920,669.00 If Re-signed by current team)
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| Min Yearly Salary Band 3 (10+ years): |
$1,339,856.00
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| Mid-Level Exception : |
$5,250,000.00
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| Mid-Level Exception (60%): |
$3,150,000.00
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| Mid-Level Exception (40%): |
$2,100,000.00
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| Bi-Level/Lower Level Exception: : |
$1,837,500.00
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| What teams get exceptions: : |
Immediately following the Nets Daily College Prospect Draft, each teams 2012-13 payroll is calculated along with their projected rookie draft class salaries, and the 2012-13 exceptions. If that total amount is above the 2012-13 salary cap threshold, those teams will receive both league exceptions. If that total is below the new salary cap threshold, then those teams will not recieve the 2012-13 exceptions.
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