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He can be dropped now for a $1.8m (2013) and $1.2m (2014) cap hit. If you wait until the trade deadline the cap hit is $1.5m in 2013 and $1m in 2014.
Isn't a 1.8m cap hit actually a 2.0m cap hit? "The hit against the cap is rounded to the nearest $500,000. Therefore, if it ends up being less than $250,000, the hit to the cap will be zero for that year." - Rulebook/Releasing PlayersOr is it that the 1.8m (2013) + 1.2m (2013) = 3.0m (then rounded to the nearest 500k) and after that you can pay the 3.0m all this season or use the 1.1 x 3.0m buyout clause and pay the 3.3m over the two seasons?
The cap hits would be 2M and 1M. 1.8M and 1.2M would be the cap hits in Moneyball or New Era where salaries are rounded to the closest 100,000.
The buyout for 2013 would be $4.5m. There is an additional 10% tax on the remaining $4m for buyouts.http://www.profsl.com/smf/index.php?topic=32.0