</p> </p><div id="post_message_99537">Meanwhile, Bill Neff, the agent for point guard Troy Hudson, said he had reached a verbal agreement with the Wolves to buy out his contract for approximately 80 percent of the $12.256 million owed him over the next two seasons. '’It’s bittersweet for Troy,’’ Neff said. '’Because this is the team that signed him. He felt strongly about Mr. Taylor and about the fans. He felt strongly about Kevin Garnett, too, but he’s leaving. But he was stuck in jail here and this is the get-out-of-jail-free card.’’</div> </p> As sad as it was to see KG go today, finding out Huudson's contract had been bought out was a very pleasant suprise. All I can say is it's about time!</p>
Going to have to edit your thread in the main forum about dead weights on your favorite team!</p> -Petey</p>
I'm not very familiar with contract buyouts, does this erase Hudson's salary from the salary cap? If so, huge for the Wolves.
They will still owe whatever the buyout is set at for each year against the cap. All this does is reduce the count against the cap and free up a roster spot.
