DanTown8587 wrote:MalagaBulls wrote:DanTown8587 wrote:Here are the options
1. Derrick Rose medically retires
If Rose retires and it's due to his knees/other body parts (there needs to be a doctor who clears this), Rose is entitled to his money but his money is cleared from the cap. IF Rose were to ever return to the league for at least 10 games, the money would be added back to the Bulls cap. The last player to medically retire with a large amount of money owed was Darius Miles and the Blazers famously sent out emails to teams threatening to sue them if they signed Darius. Miles eventually did return and the contract was added back to their cap space. No lawsuits were ever filed.
2. Derrick Rose is stretched waived in 2015
The Bulls would have five years (through the 2019-20 season) of commitment at an annual number of 8,283,264 dollars. If the Bulls were to do this, their salary cap number would be 56.419311 if Kirk retires and 58.749158 if Kirk doesn't retire. The cap is projected to be 66.5 million this summer. A max contract (i.e a Goran Dragic) would cost roughly 19 million in cap space.
3. Derrick Rose is stretch waived in 2016
The Bulls would have three years of commitment (through the 2018-19 season) at an annual number of 7,107,750 dollars
4. Bulls apply and receive a medical exception
Haha, trick question as you have to apply by the 15th of January so unless Rose sits out all of next year (which no doctor would say is more likely than not) the Bulls will not be getting an exception and if they were, it would be 2015-16.
Thanks for that nugget Johnny, I read through the CABFAQ but didn't see where the money would be cleared from the CAP if he medically retires. That seems like a real long shot but who knows. And Jerry Reinsdorf isn't one to really give money away like that but who knows, never say never. Time will tell.
1. Reinsdorf owes Rose his money short of Rose breaching the contract in a way similar to Ray Rice, Aaron Hernandez, etc.
2. Here is the link if you don't believe me
http://www.cbafaq.com/salarycap.htm#Q63here is one exception whereby a player can continue to receive his salary, but the salary is excluded from team salary. This is when a player suffers a career-ending injury or illness. The team must waive the player, and can apply for this salary exclusion following a waiting period. Only the player's team at the time the injury or illness was discovered (or reasonably should have been discovered) can apply for this salary exclusion.
The waiting period depends on the number games in which the player played in the season:1
If the player played 10 or more games in a season, the team can apply on the one-year anniversary of the player's last game.
If the player played fewer than 10 in a season, the team can apply 60 days after his last game, or the one-year anniversary of his last game in the previous season, whichever is later.
The determination as to whether an injury or illness is career ending is made by a physician jointly selected by the league and players association. The determination is based on whether the injury or illness will prevent the player from playing for the remainder of his career, or if it is severe enough that continuing to play constitutes a medically unacceptable risk.
If the injury exclusion is granted, the player's salary is removed from the team salary immediately.
If the player later "proves the doctors wrong" and resumes his career, then his salary is returned to the team salary when he plays in his 25th game1 in any one season, for any team. This allows a player to attempt to resume his career without affecting his previous team unless his comeback is ultimately successful. If the 25th game was a playoff game, then the player's salary is returned to the cap effective on the date of the team's last regular season game (i.e., the returned salary counts toward the luxury tax).
There are a few additional nuances to the salary exclusion:
If the player resumes his career and his salary is returned to the team salary, the team can re-apply for the salary exclusion under the same rules (including the rules for the waiting period).
If a player retires, even for medical reasons, his team does not receive a salary cap exception to acquire a replacement player.
A team cannot apply for this salary exclusion if they have applied for a Disabled Player exception (see question number 25) that season, whether the exception was granted or not.
If this salary exclusion is granted, the team cannot re-sign or re-acquire the player at any time.
This salary exclusion can be used when a player dies while under contract.
So yeah, the Bulls wouldn't have cap space for a year
Sorry Dan, I called you John. You are right about that, I read and still didn't fully understand that. I see where the 1 year waiting period comes since Rose has played more than 10 games this year. So yeah he would have to retire and forego his last 2 years and the FO agree for us to regain his CAP space. That ain't gonna happen as far as I can see.
