Quote:
Originally Posted by Todd Skill
I caught a passing mention on the radio that a team could only do this 3 times in the new CBA. Does anyone know if this is over the entire course the first the CBA, or 3 times a year? If it's over the 8+ year CBA it seems odd to blow one off the bat on Lombardi with no actual need to replace him. Can anyone clarify?
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- When trading a player, a team has the option of retaining a portion of that player's contract, paying the salary and taking the salary cap hit for that portion. The remaining portion of the contract is charged to the player's new team.
- The trading team can retain up to 50 percent of the departing player's salary and cap hit.
- A team can carry no more than three "traded" contracts at one time.
- The total paid to players who have been traded cannot exceed 15 percent of the team's salary cap.
- A player can be traded with "retained salary" no more than twice over the life of a single contract.