Non-Bird and Cap Hold?

shrink
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Non-Bird and Cap Hold? 

Post#1 » by shrink » Tue Jul 2, 2013 3:26 pm

Andrei Kirilenko just opted out of his contract with the Wolves, so he's a UFA. That means no cap hold, correct?

So suppose MIN dumps it's MLE and TPE, get's to about $7.5 mil in cap space maintaining it's holds on Pekovic and Budinger, and uses it in free agency. Is Kirilenko still available to them through the non-Bird Exception?

Is there truly no cap hold on players that a team can bring back through the non-Bird?
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Re: Non-Bird and Cap Hold? 

Post#2 » by HartfordWhalers » Tue Jul 2, 2013 3:35 pm

shrink wrote:Andrei Kirilenko just opted out of his contract with the Wolves, so he's a UFA. That means no cap hold, correct?

So suppose MIN dumps it's MLE and TPE, get's to about $7.5 mil in cap space maintaining it's holds on Pekovic and Budinger, and uses it in free agency. Is Kirilenko still available to them through the non-Bird Exception?

Is there truly no cap hold on players that a team can bring back through the non-Bird?


No, there is:

See all the usual places:
Non-Bird (caphold) 120% of his previous salary

http://www.cbafaq.com/salarycap.htm#Q37

Andrei Kirilenko (opt) - $11,735,219 120% of previous salary

http://data.shamsports.com/content/page ... wolves.jsp

(Andrei Kirilenko) 11,735,219

http://www.storytellerscontracts.info/r ... nesota.htm
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Re: Non-Bird and Cap Hold? 

Post#3 » by shrink » Tue Jul 2, 2013 3:42 pm

So the wolves would need to renounce his rights to get rid of the hold?

The opt out didn't erase that?
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Re: Non-Bird and Cap Hold? 

Post#4 » by HartfordWhalers » Tue Jul 2, 2013 3:45 pm

shrink wrote:So the wolves would need to renounce his rights to get rid of the hold?

The opt out didn't erase that?


Or have him sign elsewhere, but yes.
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Re: Non-Bird and Cap Hold? 

Post#5 » by Scoot McGroot » Tue Jul 2, 2013 5:26 pm

shrink wrote:So the wolves would need to renounce his rights to get rid of the hold?

The opt out didn't erase that?


Correct. Unless you renounce or he signs elsewhere, there's a cap hold. Other odd exceptions here and there, but I believe they revolve around drafted rights.

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