I actually don't think they're as complicated as they sound at first glance.
- Salary budget of $3.66 million (edit: for team's 20 highest paid players).
- Players paid under $457,500 cost their salary against the budget.
- Players paid over $457,500 cost $457,500 against the budget, of which teams are allowed 3, with the following exception:
- Additional players paid over $457,500 can have their salaries reduced on the books via targeted allocation money (TAM) or general allocation money (GAM), but not both at the same time.
- TAM can only be used to reduce the salary of a player signing a new contract from above $457,500 to below that number.
- Each team has $800k in TAM per year, plus up to an additional $400k to be used all at once or $100k per year.
- GAM can be used to reduce the salary of any player on the book at any time.
- Each team gets around $100k-250k GAM each year, depending on where they finish and if they won trophies, and can be stockpiled and used whenever.
That's as simple as I can put it, and with the rewrite of the TAM rules as to when it can be applied, this simplification is still 95% accurate. (The extra 5% of nuance would double the length of the explanation.)
Finally, to answer your question, we don't appear to be able to use TAM on Mix (because of the bolded line above), until we
re-sign him. However, we can use GAM, of which we should have enough. In addition, we can use our TAM for
any new signings this year that cost over $457,500.
Hopefully that helps and isn't just a rehash of what you already know.