Contract Summary
- 1 year, $1,739,599
- Fully Non-Guaranteed
Cap Discussion
- IND uses Minimum Player Salary Exception to sign Brown over the Salary Cap;
- Because he’s signed during the season, it is considered a “Rest-of-Season” Contract;
- With 5 Years of Service (YOS), Brown’s cap hit is subsidized down to that of a player with 2 YOS, and then is prorated as of the date of signing:
- 145 (days remaining in season) divided by 174 (total days in season), multiplied by $2,087,519 (full minimum salary): $1,739,599
- Can’t be traded for three months (2/20/25), thus Brown cannot be included in a trade before his contract expires as it is after the trade deadline.
- IND now sits just $781,092 below the Luxury Tax threshold.