Hope some one can help me with this?
I read that BC is trying to get contract extensions on players already signed to multi year deals. The reason behind that was because Contracts were signed before the Salary Cap was in place and any extension wouldn't apply.
Maybe I'm getting old and senile or didn't read it right. But doesn't the salary cap apply to the Team's budget for salaries spent in the "fiscal year / season"? So it shouldn't matter when the contract was signed, its still a salary expense for that particular year.
Only signing bonus's might be excluded.
Am I reading this wrong, or understanding it wrong? Is there an expert out there that can clarify?
DG you always seem to locate these topics.