OrlandO wrote:How would renouncing Ross and still signing him work? Didn't think something like that was possible if you're gunning for a different free agent. Seems like a huge loophole that would defeat the purpose of a cap hold...
Magic would have to sign Ross using whatever cap space they had left if they renounced him.
But that may make the most sense depending on timing since Ross’ cap hold is over 15M.
If the Magic think they can bring him back for a good bit less than 15M, but want to chase a RFA first, it could make sense to renounce Ross.