Utah Jazz match Portland offer to Millsap
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Calls for reaction on the decision were not returned from Millsap's two representatives, DeAngelo Simmons and Ara Vartanian, who last week ripped the Jazz for their handling of the matter and suggested their client would much rather play in Portland than remain in Utah.
Millsap will make $6.3 million on base salary next season, $6.2 million in 2010-11, $6.7 million in 2011-12 and $7.2 million in 2012-13.
For salary cap and team payroll luxury-tax threshold computation purposes, however, the $5.6 million signing bonus is spread out over the length of the contract — meaning hits of $7.5 million next, followed by $7.4 million, $7.9 million and $8.4 million.
That also brings the Jazz's payroll to more than $80 million for next season — and means, if no other transactions are made before the end of next season, that Jazz would be looking at paying more than $10 million in punitive tax for exceeding the excessive-spending threshold.
e-mail: tbuckley@desnews.com
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Recent comments
Oh and the Dallas guy who commented a few days ago... "I use to value...
Meh | July 18, 2009 at 10:07 p.m.
Wow you guys are complaining about giving a non proven player 10...
Brandon | July 18, 2009 at 10:00 p.m.
Oh yeah, Millsap is JUST like Odom...
Only much shorter, with a...
CJ3 | July 18, 2009 at 9:20 p.m.
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