I seem to recall reading somewhere that Krisnan Inu's mid-season transfer to the scumdogs only represented a minor (I think the figure quoted was $50,000) imposition on its 2012 salary cap, as the Warriors had supposedly already paid for most of his current year's contract. I'm sure Greenturd and de$ will argue that the same applies for Perrett's transfer this week. This might be how the rules presently read, but I respectfully argue that this is WRONG- the player's full year value should be included as part of salary cap calculations. Taking the scumdogs as an example, they have signed on two players valued at a conservative $600k (for both) and will claim cap space of probably only $100k- irrespective if they haven't had them all year, they will now have a team for the most important part of the season obviously worth more than the cap limit. If this loophole isn't closed, all teams will look to sign players just before 30 June and claim payments (under the cap) only for the few remaining months of that year.