Memo's Contract

[dantheman]

Even if Memo outright retires, doesn't his 2011-2012 salary count against the cap? That's some lame **** right there.

This is still the question I have as well.

 

[dantheman]

Where is Kenwood or the ASG Thunder dude or whatever his name was?

 

[Lion's Roar]

Where is Kenwood or the ASG Thunder dude or whatever his name was?

Right here (points to self).

 

[Lion's Roar]

Even if he retires the contract will count against the cap except if a buy-out occurs. Insurance will pay for 80% of the salary.

 

[franklin]

Even if he retires the contract will count against the cap except if a buy-out occurs. Insurance will pay for 80% of the salary.

Where do you get 80% from? I'm too lazy to look up similar instances. It seems like the Rockets weren't going to get 80% of Yao's contract this year, but that was all on the rumor mill.

 

[dantheman]

Right here (points to self).

hahaha, right on man, thanks for your help!

 

[Darkwing Duck]

I don't believe if Memo retires his contract counts against the cap. I believe there's a cap hold if he comes out of retirement.

Well, here's an explanation on cap holds.

https://www.shamsports.com/whatthedeuce.htm

And one on retirement.

https://members.cox.net/lmcoon/salarycap.htm#Q55

 

[Zerol]

His salaries will still be counted against the cap regardless of who pays for it (the team or insurer). Under the current rule we can apply for an injury exception if he is going to be out for the entire season. Not sure how that would change with the new CBA.