New Amnesty Details- CNNSI

[Qman]

https://nba-point-forward.si.com/20...esty-provision-emerge/?sct=hp_t2_a5&eref=sihp

• Teams will not be able to use the amnesty provision on a player acquired in a trade going forward. The CBA summary says teams can apply amnesty to a pre-existing contract. It does not say whether teams must already have that contract on their books, or whether that contract must simply exist. There had been hope, for instance, that the Nets could acquire Hedo Turkoglu’s contract in a theoretical Dwight Howard trade and then use the amnesty provision on Turkoglu instead of the less-expensive Travis Outlaw. Turkoglu’s contract is “in place,” in some sense, after all.

The salary of any player waived via the amnesty clause will continue to count toward the salary floor. This could be of major interest to a team such as the Wizards, who would fall so far under the salary floor (about $49 million per team) by using amnesty on Rashard Lewis as to make the provision almost unworkable for them this season. But if Lewis’ $20.6 million salary continues to count toward that floor — and not against the cap — even after amnesty, the provision is more useful in the short term. Regardless, the Wizards indicated last week that they will not use the amnesty clause on Lewis this season. That makes some sense, considering this center-heavy free-agent class doesn’t have much to offer a team trying to develop its own big man (JaVale McGee).

• Finally: If a team bids on a player in the amnesty waiver process, it is bidding on the full length of his contract, not just the first season. In the event the Blazers change course and use amnesty on Roy, that would mean any team that bids, say, $4 million on the guard will be bidding to pay him at least that amount in each of the four remaining seasons on his deal.

This is where we stand at the moment, according to a source close to the process. Things could change in theory, but with players scheduled to begin voting on the CBA on Wednesday afternoon, that seems unlikely.

This appears to have killed any trade and amnesty ideas.

Also bidding on the amnesty players must be for the same length as their current contract. Interesting.

 

[AlaskanAssassin]

Good find. Thanks.

 

[Chris-L]

So if we don't use amnesty on a player we currently have on our roster, we never get to use it?

 

[NUMBERICA]

I like all of that except I think it's horse-**** you can't trade for a player and amnesty them. OKC's getting punished for being the one team that did everything right here.

 

[NUMBERICA]

I really like that salary floor provision. I think. There is already too much money and not enough good players out there this offseason.

 

[BluesRocker]

Thanks. Nice find