The Phoenix Suns had to exercise their team option on Corrie Blount before trading him to Golden State on 1/26/01. 100. 73. The qualifying offer for all other players must be for 125% of the player's previous salary, or the player's minimum salary (see question number 9 ) plus $150,000, whichever is greater. This is allowed, since those players could have been acquired separately using those same exceptions. It can be useful for teams to retain the rights to these semi-retired players, because they might be used in a sign-and-trade (see question number 79) to provide enough salary ballast to make a trade legal under the Traded Player Exception (see question number 71). Free agents who qualify for this exception are called "qualifying veteran free agents" or "Bird Free Agents" in the CBA, and this exception falls under the terms of the Veteran Free Agent exception. July moratorium. They mutually agreed to reduce Radja's compensation protection to 50% of its value, and then the Celtics waived him.
What happens if they want to trade Player A plus Player C for Player B? Player A plus Player C total $13.61 million, which is greater than Seattle's $11.6 million maximum. Tony and Garret participated with me on the research and draft review process, along with Patricia Bender, Josh Frankel, Jon Hamm, Jonathan Richards and Gary S. Putting this all together, if a team is $11 million under the cap, wants to submit a five year offer sheet, and wants to provide a large raise in the third season, they can offer a total of $55 million. To reduce the amount of a trade bonus (see question number 86), but only to the extent necessary to make a trade legal. 8/30/1999 Initial release. Newer contracts contain specific language that details exactly what happens to option years when a player is waived. This only leads to different versions of the FAQ being on-line and becoming out of sync. This affects both 10-day (see question number 68) and rest-of-season contracts. This is true if the player signs with any professional team -- it doesn't even have to be an NBA team.
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