I see there is a n amnesty provision...

[8305]

I think amesty applies only for contracts already in force. So that wouldn't help with a bad West contract. Isn't there a "stretch" provisiion that will apply to new contracts that will allow a team to extend the period of time a contract would impact the salary cap calculation?

[laydo]

I think amesty applies only for contracts already in force. So that wouldn't help with a bad West contract. Isn't there a "stretch" provisiion that will apply to new contracts that will allow a team to extend the period of time a contract would impact the salary cap calculation?

Each team could keep and use amesty for one time on any player as long as the new CBA is working. The Pacers could keep it and use it in the future.

[Grang33r]

I think amesty applies only for contracts already in force. So that wouldn't help with a bad West contract. Isn't there a "stretch" provisiion that will apply to new contracts that will allow a team to extend the period of time a contract would impact the salary cap calculation?

Right, amnesty only concerns players who signed contracts prior to the CBA expiring in July.

[Val Holliday]

If that is so, then why have it available throughout the life of the CBA, which more than doubles the life of any existing contract?

[Boneman2]

This is the second amnesty provision I can remember, and it's the second time it won't benefit us.

It most definitely benefited us last time. We used it on Reggie's contract, as he had just retired. It cut his contract off the books and got us under the luxury tax that year, and saved us around $5 million or so (if I recall) before the luxury tax redistribution.

Right, I remember Reggie was retiring and we got him a Bentley and gave him his last years worth of pay. Regardless, we didn't use it in a useful way primarily because it was Simon's choice to give Reggie the money. Essentailly, the first provision allowed us to gift Reggie his last year of pay. This wasn't beneficial in the terms for which the provision is to be used.

[Scoot McGroot]

This is the second amnesty provision I can remember, and it's the second time it won't benefit us.

It most definitely benefited us last time. We used it on Reggie's contract, as he had just retired. It cut his contract off the books and got us under the luxury tax that year, and saved us around $5 million or so (if I recall) before the luxury tax redistribution.

Right, I remember Reggie was retiring and we got him a Bentley and gave him his last years worth of pay. Regardless, we didn't use it in a useful way primarily because it was Simon's choice to give Reggie the money. Essentailly, the first provision allowed us to gift Reggie his last year of pay. This wasn't beneficial in the terms for which the provision is to be used.

His cap number still counted against the luxury tax books. Using the amnesty on his contract was definitely worthwhile, just as using the amnesty on Jerome Williams retired contract helped the Knicks (as opposed to using the Allan Houston rule actually on Allan Houston).

[Boneman2]

^^ I was under the impression that once you retire, you forfeit your contract, and the team takes no further cap-hit.

[Scoot McGroot]

If that is so, then why have it available throughout the life of the CBA, which more than doubles the life of any existing contract?

According to reports, you can use it on any contract over the next 6 years, so long as that player was on the roster on July 1, 2011. Thus, we'd really only use it on James Posey (if we could net some solid trade's using our cap space or a free agent), Dahntay Jones (if we wanted to max our free agent space next year), or the dark horse would be Danny in a couple years (if he has a massive Jon Bender like injury series).

I am not sure if it also covers extensions signed by currently under contract guys. Thus, if Hibbert signs a 5 year extension, and then blows out a knee completely in 2 years, could we still amnesty him to clear the cap? Unknown.

[Scoot McGroot]

^^ I was under the impression that once you retire, you forfeit your contract, and the team takes no further cap-hit.

Under that CBA, no. There were other factors.

[basketballwacko2]

With it being announced that the one time amnesty clause will be available for a team to use at it's discretion throughout the life of the CBA, there is no chance we'd use it on Jones or Posey now.

I doubt management would approach it this way, but for those worried about David West's age/acl injury, the amnesty clause could be an out if he slows 2-3 years into a potential deal.

Amnesty can be used anytime in the cba but the player cut has to be on your roster as of July 1, 2011.