Qualifying Offer/Buying Out

Discussion in 'NBA General' started by BlueBayou, Jun 24, 2005.

  1. BlueBayou

    BlueBayou JBB JustBBall Member

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    What does it mean when a player has, say a $2,000,000 qualifying offer?

    And when a team buys someone out say they have 3 years left and they are making $12,000,000 over those years how much of that teams salary cap is affected and how?
     
  2. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    A qualifying offer is when a team makes an offer to a player so they can keep them as a restricted free agent. This is usually the minimum offer a team can make based on the player's current contract plus the 12.% or 10% a raise.

    If there is a buyout, I think the entire contract comes off the books.
     
  3. Nasty

    Nasty JBB Sorry, I killed Fever

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    <div class="quote_poster">Quoting shapecity:</div><div class="quote_post">A qualifying offer is when a team makes an offer to a player so they can keep them as a restricted free agent. This is usually the minimum offer a team can make based on the player's current contract plus the 12.% or 10% a raise.

    If there is a buyout, I think the entire contract comes off the books.</div>

    I think the raise for a team's own player is 12.5, ain't it?
    Right though, under the newly signed CBA, the entire contract comes off the books when bought out, and it doesn't count against the cap, which benefits the wealthy teams such as the Lakers, Heat and Knicks the most. But in the expiring CBA, a big portion of the buyout gets divided on how many years were left on that player's contract and that counts against the cap.

    Only if Babcock waited few months on the 'Zo buyout [​IMG]
     
  4. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    Oops forgot the .5, I think the new CBA reduced it to 10% though.
     

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