The San Antonio Spurs are discussing acquiring the non-guaranteed contract of Brendan Haywood from the Cleveland Cavaliers. Haywood's contract has a trade value of $10.5 million. - See more at: http://basketball.realgm.com/wireta...s-On-Brendan-Haywoods-Non-Guaranteed-Contract
Brendan Haywood could hold key to Cavaliers getting even better When Brendan Haywood agreed to return to the Mavericks in 2010 on a six-year contract, he hoped to play a role for a contender all the way to the end of it. After a whirlwind stretch, he and that deal are slated to do just that. After watching from the bench as his new team, the Cavaliers, lost in the NBA Finals, Haywood now may be the best way for Cleveland to improve its roster as it pushes for a championship. The 35-year-old veteran of 14 NBA seasons may not offer much more than a big body on the court, but his contract offers flexibility because of the unique path he took to get to this point. Haywood signed a contract with five guaranteed years and a non-guaranteed final season (2015-16), which has become the most important part over the last five years. The 7-footer was an important bench player for the Mavericks’ 2010-11 championship team and a starter the following season. But the Mavericks decided to use the amnesty provision on him, which meant Haywood still would get his money without it counting against the Mavericks’ salary cap. The quirk of the amnesty clause is a bidding process where teams can offer to pay as much or as little of the player’s remaining contract as they want for his rights. The then-Charlotte Bobcats agreed to pay $6.15 million for the final three guaranteed seasons of Haywood’s contract, along with taking on the non-guaranteed $10.5 million final season. In the years since Haywood and the Mavericks agreed to his contract, non-guaranteed seasons have become incredibly trendy in the NBA. Unlike option seasons, which must be decided before the league year turns over July 1, a non-guaranteed year can follow a much wider variety of structures. Teams and players can agree for part or all of the salary to become guaranteed if the player is still on the roster at a given date. They also can include no guarantees at all. This structure is very team-friendly because the lack of obligation allows teams to make decisions later in the process of forming a roster. - See more at: http://www.sportingnews.com/nba/sto...nd-cavaliers-non-guaranteed-deal-free-agencyl
