Do I understand the situation correctly?
1. Amnesty
2. PO in 2014/15
3. Retirement
I know there is no such thing as retirement in the CBA, so what happens to the PO?
Mike Miller
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Rather than create another Miller thread I'll just hitch a ride on this thread to ask my question. I noticed in the news item that teams are interested in Miller. If you are a team interested in Miller why wouldn't you bid $1 above the veteran's minimum while he is on amnesty waivers so you can have a chance at getting him before he has freedom to sign with anyone? I suppose it could be a player relations move. Sign the guy because he wants to come there rather than play cute with the CBA rules to get him but then again its a business right?
Mike Miller has cleared waivers to become a free agent.
The Miami Heat used their amnesty provision on Miller this week.
The San Antonio Spurs, Cleveland Cavaliers, Oklahoma City Thunder, Golden State Warriors, Memphis Grizzlies and Houston Rockets are among the teams interested in Miller, according to various reports.
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Nevermind, I realized all those teams are at or over the cap so they couldn't bid on him.
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1. Minimum bid with regards to options: "Likewise with options — they define a concept called “remaining protected years” and “remaining unprotected years.” Unprotected years are years following an event like an option being picked up.
The bidding team must bid at least:
— The minimum salary in each remaining protected year, PLUS
— The non-guaranteed salary in each remaining protected year, PLUS
— The base salary in each remaining unprotected year."
http://www.hoopsworld.com/nba-salary-ca ... coon-71913
2. All contracts with player options contain a clause that indicates whether the player receives his salary for the option year in the event he is waived prior to invoking his option. (http://www.cbafaq.com/salarycap.htm#Q57)
This clause states that the benefit is "to the same extent" as if the option had been exercised. The league interprets this to mean that the team salary is charged to all seasons of the contract, including the unexercised option season. For example, when Derek Fisher was waived by the Houston Rockets during the 2011-12 season, his player option for the 2012-13 season was unexercised. His remaining guaranteed salary (he agreed to take less in a buyout arrangement) was charged to the Rockets' cap in both 2011-12 and 2012-13. (http://www.cbafaq.com/salarycap.htm#Q64)
The bidding team must bid at least:
— The minimum salary in each remaining protected year, PLUS
— The non-guaranteed salary in each remaining protected year, PLUS
— The base salary in each remaining unprotected year."
http://www.hoopsworld.com/nba-salary-ca ... coon-71913
2. All contracts with player options contain a clause that indicates whether the player receives his salary for the option year in the event he is waived prior to invoking his option. (http://www.cbafaq.com/salarycap.htm#Q57)
This clause states that the benefit is "to the same extent" as if the option had been exercised. The league interprets this to mean that the team salary is charged to all seasons of the contract, including the unexercised option season. For example, when Derek Fisher was waived by the Houston Rockets during the 2011-12 season, his player option for the 2012-13 season was unexercised. His remaining guaranteed salary (he agreed to take less in a buyout arrangement) was charged to the Rockets' cap in both 2011-12 and 2012-13. (http://www.cbafaq.com/salarycap.htm#Q64)
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ep1987 wrote:2. All contracts with player options contain a clause that indicates whether the player receives his salary for the option year in the event he is waived prior to invoking his option. (http://www.cbafaq.com/salarycap.htm#Q57)
Thanks! So basically I can't know this unless I've seen the contract?
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Garf wrote:ep1987 wrote:2. All contracts with player options contain a clause that indicates whether the player receives his salary for the option year in the event he is waived prior to invoking his option. (http://www.cbafaq.com/salarycap.htm#Q57)
Thanks! So basically I can't know this unless I've seen the contract?
Check spotrac.
Miami Heat: Anthony apparantely not guaranteed, Haslem guaranteed.
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ep1987 wrote:2. All contracts with player options contain a clause that indicates whether the player receives his salary for the option year in the event he is waived prior to invoking his option.
I have never known a situation when the player wouldn't receive it. fwiw