Frank Lee wrote:If the player is released before September 1, their current season can be stretched. If a player is released after September 1, the current season is paid out normally, and only the remaining seasons are stretched. For this reason, players on expiring deals can not be stretched after September 1.
The seasons to be stretched are stretched for twice their pre-stretched length plus one additional season. For example, a contract with two stretchable seasons remaining on it would be stretched for five seasons (eg; 2 x 2 = 4, 4 + 1 = 5), while a contract with one stretchable season remaining on it would be stretched for three (eg; 1 x 2 = 2, 2 + 1 = 3) .
Perhaps Sidery’s math is flawed, but the concept/process seems valid.
And then there is this…..Here are a few more rules related to the stretch provision:
Although the stretch provision regulates when money is paid out, it doesn’t prevent teams and players from negotiating a reduced salary as part of a buyout.
Non-guaranteed money isn’t subject to the stretch provision, since a team isn’t obligated to pay any non-guaranteed portion of a contract once it waives a player.
While the new payment schedule for a waived player is non-negotiable, teams have the option of whether or not to apply the stretch provision to that player’s cap charges as well. A team can stick to the original schedule for cap-hit purposes, if it so chooses.
Does this mean the Suns could take the full hit on capspace for yr 2… though not sure of the strategy to do so, other than to save maximum space in 27-28?
No surprises teams have hired ‘ CBA experts’. The info never seems to be 100% clear to me. Too many experts may be.
I believe so.
If Phoenix can agree to a buy out -> say Beal gives up ~$12M per season (MLE amount). If this is agreed to, it can be done between now and when contracts are guaranteed... although Beal would be more likely to agree to this buyout amount if he is able to hit the FA market in July.
So assume Beal is cut July 1 2025. The cap hits would be:
25-26: $41.6M
26-27: $43.1M
Later on in the season (say April 2026), I believe Phoenix would still have the option to use the 'delayed stretch' provision on the remaining cap hit. Utilizing that, the remaining cap hits would become:
26-27: $14.4 million
27-28: $14.4 million
28-29: $14.4 million