Please explain cap hold for me
As I understand, a fa potential contract with his current team is counted against the cap, hence cap hold, unless the team renounce the fa. Is this correct? If so, if a team renounce a fa, can the team no longer resign such player?
, Chris Paul asi understand will have about 18 million dollar cap hold on clippers, while he's a fa. The clippers could use that space to sign other fa, then use bird rights to resign Paul. Please let me know if this isn't possible in the league...... it works in 2k :-)
Go to shamsports.com.
Basically everything you need to know about the NBA salary cap can be learned there, brother.
Here is a good blog to start with: http://www.shamsports.com/2013/06/the-amount-of-cap-room-teams-will.html
Cap holds are exactly what they sound like. Teams can renounce a player and then still sign him, but they lose his birdrights and can no longer go over the cap to sign him. They hold the place of the salary so teams can't spend money on cap space they do not have and then sign the player that was already taking up that salary.