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NBA’s tentative labor agreement available, amnesty rule gets a tweak

Our friend Sam Amick of SI.com has landed the new tentative agreement.  While many are focusing on the finer nuances of the BRI split and exceptions, Kings fans should be looking at two specific items.

First and foremost, a new provision requires all teams spend a minimum of 85% of the $58-million cap.  What does that mean Kings fans?  The Maloof family must spend at least $49.3 million in salary this season.  Why is this important?  The Sacramento Kings currently have roughly $31.8 million in dedicated salary after signing rookie first round pick Jimmer Fredette.  That leaves a whopping $17.5 million to spend on retaining restricted free agent Marcus Thornton, as well as signing second round picks Isaiah Thomas and Tyler Honeycutt.  $17.5 is the MINIMUM.  In total, the Kings are approximately $26.2 million under the salary cap.

Now, here is something new and exciting for you CBA geeks out there.  Yes, there is an amnesty clause which allows every team in the league to jettison one player off of their current roster without either luxury tax or salary cap implications.  BUT, there is something new hiding in the proposal which might come in handy for the Sacramento Kings.

Amnesty

  • Each team permitted to waive 1 player prior to any season of the CBA (only for contracts in place at the inception of the CBA) and have 100% of the player’s salary removed from team salary for Cap and Tax purposes.
  • Salary of amnestied players included for purposes of calculating players’ agreed-upon share of BRI.
  • A modified waiver process will be utilized for players waived pursuant to the Amnesty rule, under which teams with Room under the Cap can submit competing offers to assume some but not all of the player’s remaining contract. If a player’s contract is claimed in this manner, the remaining portion of the player’s salary will continue to be paid by the team that waived him.

Yes folks, that third bullet point is an amnesty equalizer.  Instead of Michael Finley signing with a 50-plus win San Antonio Spurs team following the 2005 CBA, he would have to clear a modified waiver system in the new agreement.  Why is this a HUGE deal?  Well, all that talk of Baron Davis signing with the Miami Heat, might have just gone by the wayside.  Rashard Lewis to the Lakers?  Not if the Minnesota Timberwolves want to pony up a couple of bucks.

According to this provision, players cannot just take their amnesty buy-out and run off to the nearest playoff contender to chase a ring, unless that contender has “Room under the Cap” or unless no one wants to throw out a meager bid.

Who will be amnestied?  No one really knows, but this provision puts the onus on teams with room to regulate the flow of players.  They can stop other teams from reaping the benefits of a clause that is supposed to provide cap relief .  How this will play out is any one’s guess, but the Kings are one of several teams that might take advantage of this new rule.

  • http://twitter.com/Kingsguru21 Nate Hughart

    “No one really knows, but this provision puts the onus on teams with room to regulate the flow of players. They can stop other teams from reaping the benefits of a clause that is supposed to provide cap relief . How this will play out is any one’s guess, but the Kings are one of several teams that might take advantage of this new rule.”

    I don’t think the Kings likely want any of these players that will be coming on the market. Only the rich teams (the Lakers mainly) have anybody that they could amnesty. Other players like Brandon Roy, Gilbert Arenas, or Rashard Lewis have little appeal more than the minimum to any team. And, I doubt many teams care about keeping any of the aforementioned 3 from going to a contender. If their teams are letting them go, they are letting them go for a reason.

    I don’t see the Kings using their cap space as anything other than a trade for a big man (JJ Hickson for Tyrus Thomas maybe?) except that the Bobcats are already at the projected salary floor (85% of 58.04 million is about 49.4 million) and going under it won’t help them much.

    I just don’t see how the Kings can make use of the available cap room they have with A) other teams like the Nets, Pacers and Warriors all having cap room and B) without using it the traditional sought out way (signing players in Free Agency).

    Maybe I’m wrong, and maybe the Kings will benefit. Whatever happens as a result of this truncated off-season, I hope it manifests in a playoff berth. But without a slam dunk off-season, and I’m not sure signing someone from the amnesty pile achieves that type of off-season we all would want, I don’t see the Kings making the playoffs. To me there is no point in using cap space to just get an amnesty player. I would rather sit on the cap space as much as possible, but even that is not really a good idea either. I’m just going to hope for a slam dunk off-season and leave it at that.

  • James Ham

    I disagree that potential amnesty players will have no value. Maybe they don’t fit into the Kings long-term future, but that doesn’t mean that the Kings can’t load up on these players as trade chips for later on. Plus, if Brandon Roy costs you $2-3 million a year, isn’t that worth the risk?

    I also believe that there is going to be a few surprise players waived. Even a player like Brendon Haywood could help the Kings and since he signed a 5 yr deal with the Mavs, the Kings could potentially add him for that length for pennies on the dollar. Again, it might be a way to add talent that you could not otherwise add and the player has no choice where he goes.

  • Rwindrem

    Teams that want to take Rashard Lewis will have to take his CONTRACT ON THEIR CAP and not just for one year, but for the remainder of the contract. Wizards will still pay his salary, but whoever takes him takes his cap hit.

  • James Ham

    Yes, remainder of years on his contract but not his cap figure. The figure his new team will pay is based on the offer they put forth in the bidding process from my reading. Players former team will absorb the remainder of the contract dollar.