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#1
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Nobody is going to trade for Leonard in his condition. The most likely thing is that he gets cut, probably next year. Read somewhere it will cost around 8 million in dead money and save about 12 million.
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#3
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That's correct. At least per OTC. Releasing Leonard now would be a $28M cap hit with ($8M) pressure to the cap, next year is $8M cap hit w/ $12M in savings, and the following year is a $4M cap hit w/ $20M in cap savings.
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