dancing2thabeet wrote:afour495+ wrote:If Bosh ends up retiring because of this most recent round of blood clots, will his entire salary come off the books or will a portion of it still count towards the salary cap?
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I think his salary is off the book exactly 1 year since he played his last game. Or after the full season he misses. Gom?
Just found this on reddit:
BOSH CAP RAMIFICATIONS
I ran this next item in my Sunday Miami Herald newspaper column on May 8, the day after Game 3 of the Raptors series, and I realized last week I had never placed it on-line in this blog. So here it is, factors to keep in mind regarding Bosh’s impact on the cap:
Chris Bosh intends to play next season and the Heat is cautiously hopeful, though nobody can say for sure that he will be able to. So what’s Miami’s recourse otherwise? There are a few options:
If Bosh and the Heat determine he should not play again, three things are needed for his salary to be removed from Miami’s cap, according to the labor deal: 1) A doctor that is jointly selected by the league and players association must agree his condition is career-ending, or severe enough to put him at risk if he continues playing.
2) The Heat then can apply to exclude his salary from its cap no earlier than the one-year anniversary of his last game (Feb. 9) if he played in 10 games in 2015-16 (which he did). If granted, the salary would be removed immediately, giving Miami an additional $25 million in 2017 free agent cap space or room to acquire an expensive player before next season’s trade deadline without needing to trade salary in return.
3) Miami must waive Bosh. If the salary exclusion is granted, and Bosh changes his mind and decides to resume his career, the Heat cannot re-sign or re-acquire him “at any time” should be continue his career, according to cap expert Larry Coon’s labor agreement summary.
Bosh is due $23.7 million, $25.3 million and $26.8 million the next three seasons and this aforementioned scenario allows for him to continue to be paid while removing his salary from Miami’s cap. Keep is mind there is nothing that can be done with Bosh to create cap space this summer, aside from a highly improbable trade.
If the Heat and Bosh determine that he should sit out next season, but aren’t ready to rule him out for his career, then a physician selected by the league and union must agree that it is “substantially more likely than not that the player would be unable to play through the following June 15.”
Miami then could apply to sign a replacement player through a disabled player’s exception, but that application must be made between July 1 and Jan. 15 and Miami could add only one player, on a one-year deal, for no more than the midlevel exception (which was $5.5 million this season and will increase). And if a team has cap space when it applies, it would count against the cap.
Keep in mind that a team cannot apply for removing the player’s salary from its cap if it has applied for the disabled player’s exception that same year, regardless of whether it was granted or not.
If you missed it over the holiday weekend, please click here for new information on the Bosh idea that the Heat rejected and an update on every Heat free agent.
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