NoLayupRule wrote:Mac1Money wrote:Would love to have him, but dont wanna overpay...lets be real, between Turiaf, Jeffries, and Jorts, we have the most injury proned C in the league, the skinniest C in the league, and the most inexperience C in the league...
BTW, can someone PLEASE explain to me how exactly the amnesty works? You just waive a player w/o having to pay him?
amnesty works like this
you waive a player and you still pay their complete salary but it comes off your teams' cap and lux tax
waived players are on the wire for X-amount of time where teams can take them and pay them full salary. so if we waived Carmelo someone under the cap would grab him, it would go to the team with the worst record and the space to pay.
after clearing the waiver wire the team with the money to negotiate a new contract can sign the player as a free agent. This is how Finley ended up in Phx after Dallas for example
Not quite.
After clearing the first waiver process you accurately described, there is a new secondary amnesty waiver process.
Team under the cap can big on assuming a portion of the existing contract. Team with highest bid wins.
Team who wins pays that amount, old team pays the difference between that and the original contract.
Player who is claimed has to report, or they don't get anything.
If a player goes unclaimed after both waiver processes, he's a free agent.
