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What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:04 pm
by magicfan4life05
We see it all the time when trades happen and the team buys out the 'filler' that was used for salary purposes for the trade (francis and portland) and other times when a player has worn out his welcome and the team is just sick of him or they want to let players go to a contender (ie tinsley? cassell last year, payton, Zo).

But still, the player still receives his salary and that salary still counts against the salary cap.

So besides opening up a roster spot, are there any other advantages to buying out a player?

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:06 pm
by Red Robot
Not having to put up with Steve Francis on your team?

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:16 pm
by DMannOC
If "team A" buys out a player and then "team b" signs him does his cap number still count against "team a"?

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:28 pm
by HTown_TMac
DMannOC wrote:If "team A" buys out a player and then "team b" signs him does his cap number still count against "team a"?

You are thinking about "Waiving"
When you buyout you give them their contract money all at once.

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:33 pm
by Chamillitary
Nope, not really lol you Portland IMO did the right thing though.

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:37 pm
by KB20
When you buyout a contract, the player takes a paycut and is then waived. Unlike "waiving", it needs to be agreed on by both sides and is usually done to players who have larger contracts.

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:46 pm
by Serpo
You don't have the player you don't want to have on the team on your team and sign a player you want instead ?

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 6:54 pm
by magicfan4life05
magicfan4life05 wrote:
So besides opening up a roster spot, are there any other advantages to buying out a player?

Re: What are the benefits of buying out players?

Posted: Sun Jun 29, 2008 7:29 pm
by carrottop12
You can save money if both the player and the management agree to buy out the player for less then the contract is worth.

You keep him out of the locker room.

You get an open roster spot.