hankscorpioLA wrote:
Yeah....no. That is incorrect.
You EITHER sign or your stash. You don't do both.
When you draft a player (or acquire their rights via trade), then you retain those rights, which (I believe) are valid for three years. In the case of Nogueira, that means until the end of the 2015-16 year (June 30). He is currently under contract with his Brazilian team for one more year.
Thus, we have two options. We can sign him how if we intend to bring him over or we can stash him in Brazil for one more year until his contract is up and then sign him next year.
There is no reason for us to sign him and then stash him.
I think you are wrong about the draft rights. Teams retain draft rights for one year with slight differences in the details depending on whether the player is playing or signs with a non-NBA team or if he returns or is eligible to return to college.
Nogueira was under contract to a non-NBA team in Spain when he was drafted 2013. This meant that the Hawks retained his draft rights for one year after his contract ended. This continues indefinitely if the player continues to play professionally outside the NBA. From what I have read, his contract finished and he has not re-signed to play in Spain or signed anywhere else. So, we currently have his draft rights for one year.
The "stash" would be if Nogueira decides or agrees with the Raptors to play pro ball outside the NBA. If, for example, he signs a one year contract in the Euroleague, we would still retain his rights after that contract ends. The draft rights clock stops when he is playing pro, although it is unclear if it resets to one year or continues from how much time expired between pro contracts.
There are two alternative things that could happen other than stashing. The first is that we sign him. The second, and much less likely since he plays basketball for a living, is if Nogueira sits out for the year, after which he could re-enter the draft and start this all again.
Source:
http://www.cbafaq.com/salarycap.htm#Q50