Non-Bird and Cap Hold?
Posted: Tue Jul 2, 2013 3:26 pm
by shrink
Andrei Kirilenko just opted out of his contract with the Wolves, so he's a UFA. That means no cap hold, correct?
So suppose MIN dumps it's MLE and TPE, get's to about $7.5 mil in cap space maintaining it's holds on Pekovic and Budinger, and uses it in free agency. Is Kirilenko still available to them through the non-Bird Exception?
Is there truly no cap hold on players that a team can bring back through the non-Bird?
Re: Non-Bird and Cap Hold?
Posted: Tue Jul 2, 2013 3:35 pm
by HartfordWhalers
shrink wrote:Andrei Kirilenko just opted out of his contract with the Wolves, so he's a UFA. That means no cap hold, correct?
So suppose MIN dumps it's MLE and TPE, get's to about $7.5 mil in cap space maintaining it's holds on Pekovic and Budinger, and uses it in free agency. Is Kirilenko still available to them through the non-Bird Exception?
Is there truly no cap hold on players that a team can bring back through the non-Bird?
No, there is:
See all the usual places:
Non-Bird (caphold) 120% of his previous salary
http://www.cbafaq.com/salarycap.htm#Q37Andrei Kirilenko (opt) - $11,735,219 120% of previous salary
http://data.shamsports.com/content/page ... wolves.jsp (Andrei Kirilenko) 11,735,219
http://www.storytellerscontracts.info/r ... nesota.htm
Re: Non-Bird and Cap Hold?
Posted: Tue Jul 2, 2013 3:42 pm
by shrink
So the wolves would need to renounce his rights to get rid of the hold?
The opt out didn't erase that?
Re: Non-Bird and Cap Hold?
Posted: Tue Jul 2, 2013 3:45 pm
by HartfordWhalers
shrink wrote:So the wolves would need to renounce his rights to get rid of the hold?
The opt out didn't erase that?
Or have him sign elsewhere, but yes.
Re: Non-Bird and Cap Hold?
Posted: Tue Jul 2, 2013 5:26 pm
by Scoot McGroot
shrink wrote:So the wolves would need to renounce his rights to get rid of the hold?
The opt out didn't erase that?
Correct. Unless you renounce or he signs elsewhere, there's a cap hold. Other odd exceptions here and there, but I believe they revolve around drafted rights.