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Trading / taking back salary

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01-26-2013, 07:42 AM
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Todd Skill
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Trading / taking back salary

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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01-26-2013, 10:25 AM
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Parkdale
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Quote:
Originally Posted by Todd Skill View Post
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?

- 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.


Last edited by Parkdale: 01-26-2013 at 10:38 AM.
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01-26-2013, 10:29 AM
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BudMaster17
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Anyone got the "do it" clip from starsky and hutch?

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01-26-2013, 10:32 AM
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Pi
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I think it's 3 at a time or 3 times in a season. For example, we can't trade Connolly, Komisarek and Liles and retain salaries.

We can only retain 3 salaries, so in this case it would be Connolly, Komi, and Lombardi.

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