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Certainly seems they wouldn't want to drop Gasol and Bynum now after losing Odom, but maybe next year they can sign Howard and trade Bynum for a guard. Why haven't they used the amnesty on Walton yet?
Certainly seems they wouldn't want to drop Gasol and Bynum now after losing Odom, but maybe next year they can sign Howard and trade Bynum for a guard. Why haven't they used the amnesty on Walton yet?
1) That would require Orland to be dumb enough to get nothing in exchange for the player with one of the highest trade values in the NBA.
2) What is the "amnesty" you speak of? I'm unfamiliar with this and trying to re-educate myself to the new salary rules and structures etc.
Walton is out of the NBA after this season anyway.
Orlando will only be able to trade Howard to a team he will want to sign with, so if it doesn't happen he is free next year
The new amnesty clause that allows a team to waive a contract
Cool. Ty.
Excellent point about Walton.
If there are limits on how often they can use it etc. perhaps they are weighing whether they need to save it for Mr. Peace or even Bynum if he has another injury?
1) That would require Orland to be dumb enough to get nothing in exchange for the player with one of the highest trade values in the NBA.
2) What is the "amnesty" you speak of? I'm unfamiliar with this and trying to re-educate myself to the new salary rules and structures etc.
Walton is out of the NBA after this season anyway.
Amnesty is part of the new CBA...it allows a team to waive one player with his entire contract and not have his salary being counted towards the salary cap. However, the team waiving that player still has to pay the waived player the entire salary/contract. Here is the interesting part...if a another team picks up that waived player, they will be bidding on that player. Should other teams join in and want that player, a bidding starts and it goes to the highest bidder. The winning team(highest bidder) pays the portion of that player's contract depending on what that final bid was. The remaining part of the player's original contract is paid by the team that waived him.
When a player gets amnestied, teams that are under the salary cap get first dibs at that player. Lastly, if that player doesn't get picked up(bid) after being waived("amnestied"), he becomes a free agent and can sign with any team. That is why you saw a public statement by Chauncey Billup's agent about him not wanting teams to bid on him after he was amnestied by the Knicks. He wanted to become a free agent, but the Clippers actually picked him up. He wanted to be a free agent so that it allowed him to sign with a contender(Heat, Lakers, etc.). Any team that picks up an amnestied player can't waive or trade that player until July 1st.
I don't know the exact details of amnesty, but that is a general idea of what it does.
Breaking news: Kobe Bryant getting divorce from Vanessa
Breaking news: Kobe Bryant getting divorce from Vanessa
From what I hear, without a pre-nup. Vanessa's going to be smiling all the way to the bank...half his assets, monthly child payments for two in 6-digit figures....OUCH.
Sorry to hear this though, hope both sides can move on in time.
Orlando will only be able to trade Howard to a team he will want to sign with, so if it doesn't happen he is free next year
The new amnesty clause that allows a team to waive a contract
I wouldn't consider it waiving a contract. It just doesn't count against the cap. You still have to pay what you owe in full unless the player is claimed off waivers and then their bid is deducted out of your total.
Amnesty is part of the new CBA...it allows a team to waive one player with his entire contract and not have his salary being counted towards the salary cap. However, the team waiving that player still has to pay the waived player the entire salary/contract. Here is the interesting part...if a another team picks up that waived player, they will be bidding on that player. Should other teams join in and want that player, a bidding starts and it goes to the highest bidder. The winning team(highest bidder) pays the portion of that player's contract depending on what that final bid was. The remaining part of the player's original contract is paid by the team that waived him.
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Each team is allowed to waive a player without having their salary count toward the salary cap or luxury tax. One player can be waived prior to the start of any season through 2015–16, but each team is restricted to one "amnestied" player during that time. Only players signed prior to 2011–12 are eligible
So it's a little vague whether this means 1 player EACH year or 1 player over the entire 3-4 year period.
In either event, this explains why they haven't waived Walton (yet) because they may have to unload Peace or Bynum yet and with Odom gone they don't need the cap space unless a big deal comes along so might as well save your amnesty card in case you need to make room for free agents.
Look at it from the point of view of the Hornets. Did they get a better deal?
Seems to me that the LEAGUE OWNED Hornets held out for the offer they should have gotten all along.
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