NBA/NBPA Tentative Agreement Page 7 11/26/2011 Each team permitted to waive 1 player prior to any season of the CBA (only for contracts in place at the inception of the CBA) and have 100% of the player’s salary removed from team salary for Cap and Tax purposes. Salary of amnestied players included for purposes of calculating players’ agreed-upon share of BRI.
and what "EXACTLY" does "prior to the season" mean, is that befofore training camp begins? or before the regular season games that begin Dec. 25th?
For those that want to wait on Roy and amnesty, keep in mind this team will probably have several back to back to backs this season. Max contract for a guy that will only be able to be a part time player is not fiscally responsible.
The only time the Blazers are fiscally responsible is when they feel they have to trade players who "don't fit the teams character" or buy out those players. They're just fiscally responsible enough to win 43 games a year. Or 35 this year.
thoughts.... -loads of players are going to get amnestied. the market will be hot and the free agent prices should drop because of this -many gms will be so confounded by the new rules that they will make franchise ruining mistakes, e.g. kahn, colangelo -miami will never be able to win a championship and if they do, they will be one and done because they will never be able to add a piece, e.g. the james posey, robert horry, artest without the use of mle because they will be over the cap -players salaries will go up because the league will continue to grow and the owners will opt out in year 6
Who is replacing him? Or will we just have less depth? What is not fiscally responsible is paying the Max contract for nothing. Say what you will about BRoy...he is still better than nothing.
I think this is fair: Luxury tax rates: The same dollar-for-dollar as in the previous CBA for the first two years. Starting in Year 3, the rates increase to $1.50 for the first $5 million over; $1.75 for $5- $10 million over; $2.50 for $10-$15 million over; $3.25 for $15-$25 million over; and an additional 50 cents for each additional $5 million (same as previous proposal). CBSSports.com This gives Teams 2 years to adjust.
Does that mean one per year, for any contracts signed prior to the lockout, or is that just sloppy wording? If it's one per year, you could undo a lot of damage in a relatively short period of time.
a one-time only amnesty per team for the duration of this new CBA, player must have already been signed to a contract
I remember last time there was an amnesty rule, and far fewer people than expected were amnestied. In fact, the person the rule was named after (Allan Houston) wasn't. I expect that to be true this time, with the Brandon Roy rule. It's just like 9 out of 10 trade deadlines - GMs are too afraid of it backfiring and back out at the last minute.
So am curious with this provision. If we sign Oden for, say, 40 million for 5 years. If he had injury issues and we needed to waive him, instead of getting that 8 million dollar hit, say we waived him year 1, we would pay out 40 million over 11 years instead of 5. Much less of a cap hit on it, and might make it more reasonable to take a larger risk on him long term?
There's a significant difference this time in that the waived player's salary comes off of both the team's luxury tax threshold calculation and the calculation of team salary for cap purposes. Last time it was just luxury tax that was saved. Also, when you factor in the increased luxury tax rate and the loss of the ability to use the full MLE if a team is more than $4 million over the luxury tax threshold, there's just a lot more incentive for a team to dump a big contract if the player can't contribute. Still, in Roy's case, I'm not sure the decision is in as to how much he'll be able to contribute. Despite what many around here are saying, I don't think it's a clear cut decision for the Blazers to dump Brandon before seeing how much he has left in him this season.
That would also mean that it would be much more reasonable for another team to take a larger risk on him long term. With him being an RFA right now, this could mean a much larger chance that some team forces us to consider matching a big offer.
I think teams that amnesty players should still be given a chance to bid on that player. If no other team is willing to pay B Roy say 5M a year and we would be willing to have 7M of his salary accountable for luxury tax purposes, we should be able to keep him.
Would also be curious as to what happens to injured players. Having Miles go back on our books was BS and either should have been denied to begin with or not taken away.
I'm extremely curious to see exactly how these waivers work. How much does the waiver bid have to be? Does it have to be a percentage of the original contract, like 20% minimum? Or a minimum dollar amount, like $2 million a year? Or is there no minimum? If there is no minimum all of the amnesty players that are worth more than an NBA minimum contract will likely be claimed off waivers by teams with cap room. Even though the Blazers are in no position to have cap room this year, I'm glad that this provision can prevent guys like Roy or Rashard Lewis from latching on with a contender such as the Lakers or Mavs.
I don't see any way a waiver contract could be less than a minimum contract, ultimately a claimed player will be under contract with his new team. The only side effect is that whatever they are paid, will get deducted from their former team's financial obligation.
Allan Houston medically retired so the Knicks were able to get out of his contract and also use the amnesty on another player. As other posters pointed out this clause is much more beneficial since it provides cap relief and there are more luxury tax penalties. The clause is also more flexible since teams can wait until future offseasons to waive a player. I expect nearly every team to use the clause eventually, although there may be a number of insignificant players waived. Yes there will be some big names like Roy, Arenas, Lewis, then a bunch of mid tier names such as Outlaw, Walton, Childress.
