Amnesty Question: When are the amnestied paid
Posted: Mon Feb 20, 2012 5:42 pm
So, I guess I could have put this in the bigger amnesty thread, but it was a small question and I didn't want it to get buried there.
When a team amnesties a player, (Arenas, Roy etc) does:
a) The player get all future salary at the time according to the contract being amnestied.
b) As a lump sum
c) Stretched like in the new stretch provision
d) Other?
Is there one default option, or can the team pick between __ and __ of the options?
I thought it was reported that it was b) although there doesn't seem to be a reason it couldn't be a). c) would see to violate the old contract (new cba contracts don't have this problem) although I did see one pre CBA report suggesting c.
{Also, per http://www.hoopsworld.com/salary-cap-ch ... n-12142011 it looks like unguaranteed salary has to get paid too.}
Thanks!
When a team amnesties a player, (Arenas, Roy etc) does:
a) The player get all future salary at the time according to the contract being amnestied.
b) As a lump sum
c) Stretched like in the new stretch provision
d) Other?
Is there one default option, or can the team pick between __ and __ of the options?
I thought it was reported that it was b) although there doesn't seem to be a reason it couldn't be a). c) would see to violate the old contract (new cba contracts don't have this problem) although I did see one pre CBA report suggesting c.
{Also, per http://www.hoopsworld.com/salary-cap-ch ... n-12142011 it looks like unguaranteed salary has to get paid too.}
Thanks!