Teams Can Steal Cassell While Hes On Waivers...:(

[P2]

JA Adande reported on espn that Cassell will be bought out and join Celts when he clears waivers.

I want to see this in cold print, please. Link?

[hiphop1]

-= original quote snipped =-



I want to see this in cold print, please. Link?

It's in the other post about Cassell. Chekc it out.

[hiphop1]

http://sports.espn.go.com/nba/columns/s...ell-080226

[Jammer]

To claim Sam off waivers, a team has to be under the cap, to absorb his existing contract.

The buyout doesn't become effective until after the player clears waivers.

You can't use a MLE or LLE to claim a guy off waivers.

That is why so many players clear waivers.

And, if a team with cap room claimed Sam (only Memphis may have enough cap room, but I don't think that they do, since he in reality is due around $3 million, not the $2.1 million you see reported in the newspapers*), they would inherit his existing contract, but that doesn't mean Sam wouldn't sit out the rest of the season with a sprained wrist. And Memphis already has Mike Conley, Jr., Javaris Crittenton and Kyle Lowry, so it ain't happening.

Sam will clear.

* Salary due is not based on games remaining. It's based on pay period.
Players get two checks per month, November thru June, 16 checks total. Sam has received 8 checks so far. So, he has 8 out of 16 to go. Which happens to be half of his $6.15 million salary, or $3 million. No team has $3 million in cap room to pick him up.

Once Sam clears waivers, any teams still with an MLE ($ 5.3 million) or LLE ($1.8 million) or remaining cap room can offer it to Sam instead of the veteran minimum.

[HotSpurs21]

Warriors won't be that stupid to pay $8M for a backup PG.

Don't worry Celtics fans, you should be safe

[Fencer reregistered]

Also doesn't the team have to be far enough under the cap to incorperate the contract? So how would phoenix be paying Lux Tax on Cassell if they are far enough under to incorperate the contract?

Trade exception

[Jammer]

-= original quote snipped =-



Trade exception

You can't claim a guy off waivers with a trade exception.

You have to trade for the player, in a one player trade.

You get the player, you give back cash or picks.

That's how trade exceptions work.

They are strictly one player TRADES for cash or picks.

[Collinto]

-= original quote snipped =-



You can't claim a guy off waivers with a trade exception.

You have to trade for the player, in a one player trade.

You get the player, you give back cash or picks.

That's how trade exceptions work.

They are strictly one player TRADES for cash or picks.

Do some research first before throwing those CAPS around...


http://members.cox.net/lmcoon/salarycap.htm#54

A team can claim a waived player only if one of the following is true:

The team is far enough under the salary cap to fit the player's entire salary.


The team has a Disabled Player exception for at least the player's salary (see question number 19).


The team has a Traded Player exception for at least the player's salary (see question number 69).


The player's contract is for one or two seasons and he is paid the minimum salary.

[floyd]

Or he could just read the quote in the OP. It's only, you know, the point of the thread.

[Jammer]

-= original quote snipped =-

My bad.

Thanks for pointing it out.

Phoenix is not realistic to claim Sam off the waiver wire, though.

They'd forfeit $2 million in luxury tax rebates, owe Sam $3 million (8 of 16 paychecks) in salary, PLUS pay luxury tax on his full season salary of $6.15 million, for a total cost of
about $ 11 million. Don't see them snatching him up.

Golden State, because of their trade exception, could add Sam just for his remaining salary, which would be about $ 3 million. They are a more likely threat, but you really don't go grabbing a 38 year old for $ 3 million if his heart isn't in it.

[Damon18Fan]

The mavericks, warriors, suns and nuggets are going to screw us out of Cassell. Those greedy ******** already have enough depth, we need him damn it!! lol

Greedy? Boston's greedy for wanting Cassell for cheap. KG is enough for you guys.

The winning is Mass has got to stop. It's just terrible.

[enzino]

This seems to suggest he needs to clear waivers before they can do the buyout:

http://members.cox.net/lmcoon/salarycap.htm#59

is it possible even after trading deadline?

[sully00]

To use a trade exception to claim Cassell you have to be able to take on his whole salary for the season. While they would only be responsable for the remaining games worth of pay they have to count the whole salary against the tax as pointed out by Hot Spurs it is an 8 mil hit for teams over the tax threshold.

Now the Warriors are not near that threshold from what I can find so they could take Sam on without fear of the tax. But that being true means they can use that exception to a aquire a player at the draft why blow that exception on 25 games of Sam Cassell?

[Red2]

another practical consideration that helps us is that David Falk who is Sam's agent is a very powerful man. Do GM's really want to incur his wrath by signing cassell when Falk and Cassell have made it widely known that he wants to play for Boston? I don't think so because Falk wants to please his client and if some team messes that up he will take his revenge in one form or another. Cuban is pig headed enough to try and steal him but there again I don't know if he wants to piss off the Celtic owners who he has to work with. Plus I think there is an unwritten code in the league that in a situation like this where a player like cassell is at the end of his career and he has made his intentions known that teams and GMs will honor that wish. One last thing, has Brent Barry signed yet? Frankly I would rather have him than cassell because of his size and his shooting but I'll gladly take sam if he should clear waivers.

[sully00]

Barry says he is just going back to SA. He is a classy kid who likely has learned from the mistakes of his father. Both he and his brother probably have an interest in coaching after their careers are over as did their father but they way he treated people they never gave Rick a chance. Somebody calls and wants to talk, you talk even if you have no interest and know what you are going to do.

Doc Rivers has gotten 2 jobs and 9 lives as a HC and Rick Barry can't even get an interview, you can't tell me that Doc knows that much more about basketball than Barry.