Tim Thomas may take the year off?
View Single Post
06-01-2012, 04:30 PM
Join Date: Jun 2005
Originally Posted by
What if they waive him and then he retires? Would his salary count against the cap then, or would he have to clear, then retire?
Pretty sure them agreeing to do it that way is a form of circumvention violation though.
I'll say it again: His contract was a 35+ contract. The league wanted to avoid teams signing an older player to a contract where they spread out the cap hit over many years including seasons in which they would no longer play.
example: 38 year old player is signed to a 7 year 21m contract. That makes the cap hit 3m a year, even though they know he's only going to play for 3 and then retire (meaning he really got paid 7m a year). To stop that from happening the league put in this clause.
No matteer what..... the hit stays on the books (only exception is a trade, then the hit goes on the new teams books). Waive, minors, retire, suspended, benched, bought out.... it doesn't matter.
View Public Profile
Dr Quincy's albums
Find More Posts by Dr Quincy