Raptors To Amnesty Jose Calderon

[WCDYNASTY]

Raptors To Amnesty Jose Calderon
June 29 at 6:09pm CST By Zach Links

6:09pm: Colangelo has clarified his statements, telling Steve Kyler, another HoopsWorld.com writer, that he hasn't decided whether to use the amnesty clause yet (Twitter link). Colangelo also told Kyler the team will have $11MM to sign free agents, and if they need more than that, he might use the amnesty clause on any one of his players, including Calderon (Twitter links).

4:56pm: Raptors General Manager Bryan Colangelo told the media today that he plans to use the amnesty clause on point guard Jose Calderon, according to Stephen Brotherston of HoopsWorld.com. The move is expected to be a precursor to the team's pursuit of free agent point guard Steve Nash. It will free up Calderon's $10,561,982 salary for next season from the Raptors' salary cap, though Calderon will still get that money from the team. The team has also declined its $1,112,500 option on Solomon Alabi, freeing even more cap space.

There has been speculation that the Raptors would make such a move, but Colangelo said as late as April that the team intended to hold on to Calderon, who was set to enter the final season of a five-year, $45MM deal he signed in 2008. More recently we heard the Raptors were willing to include Calderon in a deal to acquire a first-round pick. Calderon averaged 10.5 points and 8.8 assists per game with a 16.7 PER last season in his seventh year with Toronto after signing as an undrafted free agent.

Colangelo didn't specifically mention Nash when he spoke with Brotherston and others in the media, but it's clear that Nash, a native of Canada and general manager of the Canadian national team, is the Raptors' primary target in free agency, Brotherston says. Nash has said he's seeking a three-year deal. Colangelo said the team will also look to sign a small forward.

SOURCE:
http://www.hoopsrumors.com/2012/06/raptors-to-amnesty-jose-calderon.html#more

[WCDYNASTY]

If this is true I could see the Lakers getting him to be the PG and play with his fellow countryman Pau Gasol.

[Kilroy]

How would we do that exactly?

[Jetset]

Colangelo has clarified his statements, telling Steve Kyler, another HoopsWorld.com writer, that he hasn't decided whether to use the amnesty clause yet (Twitter link).

Thread title is misleading.

[Jetset]

How would we do that exactly?

We won't. Can't compete with the offers.

[WCDYNASTY]

Colangelo has clarified his statements, telling Steve Kyler, another HoopsWorld.com writer, that he hasn't decided whether to use the amnesty clause yet (Twitter link).

Thread title is misleading.

I agree but I went with the title of the article.

[Jajwanda]

You put in a bid with the MLE.

[WCDYNASTY]

Keep in mind he could sign for vet min with the Lakers and he'd still get paid $10m except the Raptors would be paying the balance of the $10m.

[dockingsched]

i imagine a number of teams with capspace would put in a bid through the amnesty waiver since he only has 1 yr left on his deal.

1 yr 1-2 mil commitment is pretty realistic from someone like the nets so he can backup d-will once farmar supposedly opts out

[magic wand time]

I thought, after the player gets amnesty and clears waivers, its a secret bid and player goes to highest bidder... Ala Billups going to Clips because of the mysterious extra $33 in their high bid (from Stern's secret **** the Lakers process).

[Jetset]

i imagine a number of teams with capspace would put in a bid through the amnesty waiver since he only has 1 yr left on his deal.

1 yr 1-2 mil commitment is pretty realistic from someone like the nets so he can backup d-will once farmar supposedly opts out

Apparently Jason Kidd is backing up Deron no matter where he goes. Brooklyn won't have a need for him if Deron re-signs.

[dockingsched]

i imagine a number of teams with capspace would put in a bid through the amnesty waiver since he only has 1 yr left on his deal.

1 yr 1-2 mil commitment is pretty realistic from someone like the nets so he can backup d-will once farmar supposedly opts out

Apparently Jason Kidd is backing up Deron no matter where he goes. Brooklyn won't have a need for him if Deron re-signs.

calderon to dallas!

[dockingsched]

I thought, after the player gets amnesty and clears waivers, its a secret bid and player goes to highest bidder... Ala Billups going to Clips because of the mysterious extra $33 in their high bid (from Stern's secret **** the Lakers process).

you're right, but only teams with cap space can put in bids, and they have to have the capspace to cover the bid.

[magic wand time]

Exactly. And sine the Lakers will never have space in the Kobe era, its a fugg the Lakers process.

[Levity]

Exactly. And sine the Lakers will never have space in the Kobe era, its a fugg the Lakers process.

exactly. theres no way the lakers get him off amnesty. phx can easily offer more money than the lakrs and make jose their new starting pg if nash really leaves for tor, which is why theyre amnestying him in the first place.

i was hoping the tpe would work, but its 1 mil less than he makes. so close, yet sooo far.

[WCDYNASTY]

Could Lakers use the Odom exception to absorb the salary?

[Edrees]

I hope the Wolves get him to back up Rubio. Then they'll really want Gasol even more

[hermes]

If this is true I could see the Lakers getting him to be the PG and play with his fellow countryman Pau Gasol.

who we're trying to trade, aren't we?

[Kilroy]

Could Lakers use the Odom exception to absorb the salary?

It's not about absorbing his salary, we won't even have a chance to bid on him because we are over the cap.

And TPE's can pretty much only used in trades from what I understand... And before it's asked, I don't think a player claimed off waivers can be traded for a year.

[Desiderium]

You put in a bid with the MLE.

we dont even have a MLE to offer lol. i think all we have is the LLE which is 3 mil. you never know tho, i remember the clippers bid on billups was roughly 2 mil...so we have a chance with calderon.