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What's the deal with KVH's contract? Can he be traded?
Posted: Fri May 2, 2008 9:50 am
by bstein14
I'm just wondering here.
It looks like he signed a deal in which this upcoming season is not guaranteed.
But does this allow the Nets to trade him, and then the team he's traded to to waive him and not pay any of his salary and not have it count against the cap?
It seems like this could be a great tool, and asset for a trade with a team in the luxury tax.
Am I wrong here?
Posted: Fri May 2, 2008 10:05 am
by bstein14
For example, Cleveland will be over the Luxury Tax Limit next year.
They trade Damon Jones + 19th pick for KVH + 40th pick
They then cut KVH before the season starts and save $9 million
or KCH for Verajo or Palvovic
Posted: Fri May 2, 2008 1:53 pm
by Tommy Udo 6
If KVH is signed for next season - guaranteed or non-guaranteed - he CAN be traded. I would think Mr Thorn would have demanded the non-guaranteed year so that he could trade KVH to a team that wants salary relief.
I fully expect KVH to be dealt.
Posted: Fri May 2, 2008 2:15 pm
by Rich Rane
Nets finances have us buying him out already. However, he hasn't filled those retirment papers so I think we could sign him again and send him elsewhere like what Dallas did.
Van Horn is a very lucky man.
Posted: Sat May 3, 2008 12:22 am
by Tommy Udo 6
Who's right here? Does he have a non-Guaranteed deal?
If he does, there is no buyout necessary
Posted: Sat May 3, 2008 8:10 pm
by vincecarter4pres
Tommy Udo 6 wrote:Who's right here? Does he have a non-Guaranteed deal?
If he does, there is no buyout necessary
You are right.
No buyout necessary.
Posted: Sat May 3, 2008 8:21 pm
by Serpo
Posted: Sat May 3, 2008 8:41 pm
by vincecarter4pres