02-09-2024, 05:38 PM
(02-09-2024, 03:41 PM)omahen Wrote: As FGump explained, they can't pay him more. Bought out player gets the value of his contract (unless he negotiates for less in the buyout). THe original team pays the difference between the buyout agreement and his new salary.
Just to keep the facts clear, what I said is that teams DON'T bid on players who are waived like these. I did not say they CAN'T.
The reasons are (1) they have already gotten a full season salary, (2) anything beyond minimum is typically contractually subject to set off, and (3) with a player so out of favor that he's been waived, a bidding war feels like overpay. Very very few of these are an actual buyout that reduces the money owed, even though many get labeled as a buyout in the media.
You also have the issue of NBA subsidy with its lesser cap hit -- that does not apply to a larger deal than ROS minimum only.