This topic contains 5 replies, has 4 voices, and was last updated by mikeyvthedon 11 years, 11 months ago.
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- Posted on: Thu, 05/24/2012 - 5:23am #39418
fliptonnParticipantSo I’ve been trying to read up on amnesty rules but i really just can’t figure it out. Can someone spell it out for me? I would really appreciate it. Please use examples from the past (like Chauncey Billups) and possibile amnesties for the future. Could Hedo Turkoglu be amnestied? Does this terminate the players contract or remove it from the salary cap or what? How is it decided what team the player goes to? Just trying to learn more about the subject. Thanks guys
0 - Posted on: Thu, 05/24/2012 - 5:42am #673376
mosdefParticipantEach team got to amnesty a player if they so choosed for one player already on roster when the rule came out. I believe Orlando used their amnesty on Gilbert Arenas so no they cant amnesty Hedo cuz its one person per team. All it does is remove the amnestied slary off the counted salary cap, thus you couldnt trade for a bad contract and then amnesty the player. I think they still pay him but the salary just doesnt apply to the cap. The player can go to whatever team he wants outside of the team that amnestied him.
0 - Posted on: Thu, 05/24/2012 - 5:46am #673377
TyroberParticipantYou can only use it once. You still pay the player, but basically pay him to go away. The Magic have used it on Arenas so it can not be used on Turk. You also can not trade a player and then amnesty him, because the player has to be on the team before the 2011 season. The contract is still paid in full to the player, but does not count towards the salary cap. Once a player gets amnestied and clears waivers he is free to go to whatever team he wants and the extra salary he is paid is a bonus. However teams can bid on players and then that money is subtracted from what the previous team owes. The Clippers were the highest bid on Billups so he had to go there. If nobody would have bid on him then he could have went anywhere he wanted. The player has no choice if a team bids on him and is obligated to go to that team just like if he were traded. Hope this helps
0 - Posted on: Thu, 05/24/2012 - 5:53am #673382
TyroberParticipant@mosdef. He can not go to whatever team he wants. He has to clear waivers first. Much more complicated than you think. Only reason it hasn’t happened much is because noone wanted Brandon Roy or Arenas.
0 - Posted on: Thu, 05/24/2012 - 6:24am #673391
fliptonnParticipantknew i could count on you
0 - Posted on: Thu, 05/24/2012 - 8:19am #673437
mikeyvthedonParticipantNew Jersey/Brooklyn Nets: Travis Outlaw (Had 4 more years left on his contract, making about 4 mill a year)
Cleveland Cavaliers: Baron Davis (Had 2 more years left on his contract, about 14 mill per year)
Indiana Pacers: James Posey (In last year of deal, for almost 7 million)
New York Knicks: Chauncey Billups (In last year of his deal for 10.7 million)
Orlando Magic: Gilbert Arenas (3 more years left, more than 20 million per year)
Portland Trail Blazers: Brandon Roy (3 more years left, about 16 million per year)
http://hoopshype.com/salaries.htm
So, 6 out of 30 teams have used up their Amnesty exception. As others have said, once a player is placed on amnesty waivers, they can be picked up by basically the highest bidding team. I believe that the only player who was actually bid on through this process was Chauncey Billups. If they are unclaimed through waivers, they can sign with any team they please (except, of course, the team they were just amnestied from).
It is a clause that allows teams the freedom of basically taking a contract off of the books to fit the leagues new, more rigid salary cap restrictions. As the luxury tax is now incredibly expensive (used to be 1/1 ratio for every dollar over, starting 2013/14 will be much more), the amnesty clause gave the owners more ability to fall inside the new cap guidelines.
Here is another good definition provided by wikipedia with a few useful tidbits about the 2011 Amnesty clause:
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.[12] Teams can claim an amnestied player at a reduced rate, with the waiving team responsible for paying the balance of the contract. The team with the highest bid acquires the player. If unclaimed, the player becomes a free agent.[6] Teams over the salary cap can only acquire an amnestied player if he becomes a free agent, and the offer would be limited to the veteran’s minimum contract.[13]
Under the 2005 CBA, one player could be waived prior to the start of the 2005–06 season and not count toward the luxury tax. Unlike the 2011 CBA, the player still counted under the salary cap.[6] The 2005 amnesty provision was derisively named the "Allan Houston Rule", but his team, the New York Knicks, used the exception on Jerome Williams.[14]
http://en.wikipedia.org/wiki/NBA_salary_cap#Amnesty_clause
Some useful little tidbits about the new CBA in there as well. Including the penalty teams will have to pay for being over the luxury tax threshold (a lot).
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