TheStormofWar
Well-Known Member
I don't understand the cap rules in the sport. And I am sure this has been asked before. But if we release Favors, and in doing so lose his bird rights. Do we get the 17 million in cap space? I thought if you lose bird rights that cap space is gone.
The cap hold is charged against the team holding Bird Rights to the player. Bird Rights allow a team to re-sign their own FAs up to the maximum allowed regardless of their salary cap situation. But a hold is placed against the cap space while the Bird Rights are retained. A team can release that hold, but they will lose that ability to resign the player under those rights and would need to use their available cap space to do so.
It's not really that situation, but similar with Favors. His contract has a Team Option for next year. If the Jazz pick it up, they're simply guaranteeing the deal and numbers. If they decline the option, Favors is released. Utah would need to re-sign him under the available space they would have, but it's more likely Favors simply goes elsewhere. But Utah would gain nearly 17m in space if they don't pick up his option due to the value of his contract against the cap. Utah has until July 6th to make that decision.
Hope that helps.