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How are you figuring 18.5 and 19.5 for Melo the next two years? That means he will be paid 27 million dollars in 2013-2014. I don't think the NBA allows "backloading" of that manner.
edit: Found it. 8% is the maximum allowed yearly increase according to current CBA, which is the rules this extension will adhere to. I'll run the numbers real quick. brb.
edit2: A quick calculation of Melo's extension:
Y1: around 20mm
Y2: around 21.60mm
Y3: around 23.33 mm
edit: Found it. 8% is the maximum allowed yearly increase according to current CBA, which is the rules this extension will adhere to. I'll run the numbers real quick. brb.
edit2: A quick calculation of Melo's extension:
Y1: around 20mm
Y2: around 21.60mm
Y3: around 23.33 mm