1. Minimum bid with regards to options: "Likewise with options — they define a concept called “remaining protected years” and “remaining unprotected years.” Unprotected years are years following an event like an option being picked up.
The bidding team must bid at least:
— The minimum salary in each remaining protected year, PLUS
— The non-guaranteed salary in each remaining protected year, PLUS
— The base salary in each remaining unprotected year."
http://www.hoopsworld.com/nba-salary-ca ... coon-719132. All contracts with player options contain a clause that indicates whether the player receives his salary for the option year in the event he is waived prior to invoking his option. (
http://www.cbafaq.com/salarycap.htm#Q57)
This clause states that the benefit is "to the same extent" as if the option had been exercised. The league interprets this to mean that the team salary is charged to all seasons of the contract, including the unexercised option season. For example, when Derek Fisher was waived by the Houston Rockets during the 2011-12 season, his player option for the 2012-13 season was unexercised. His remaining guaranteed salary (he agreed to take less in a buyout arrangement) was charged to the Rockets' cap in both 2011-12 and 2012-13. (
http://www.cbafaq.com/salarycap.htm#Q64)