Thread: Salary Cap: $64.3M Upper Limit for '11-'12
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06-20-2011, 07:47 PM
  #526
Jabroni
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Quote:
Originally Posted by RangerBoy View Post
The 5% bump is applied to the midpoint which results in a higher upper limit. The upper limit would not be $64M without the 5% bump. The midpoint plus 5% is the new midpoint. Add $8M and there is the upper limit. There is a $16M gap between the upper limit and lower limit(floor).
You must be Sather's treasurer.

Thanks for the explanation, but why is the 5% bump implemented?

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