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Old 05-10-2012, 10:42 PM   #12
Crystallas
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Default Re: Amnesty Boozer, sign Hinrich and O.J. Mayo

Quote:
Originally Posted by Rose

No it doesn't.

67. What is the Amnesty provision?

Amnesty is a one-time opportunity for teams to release one player via the waiver process (see question number 63) and remove him from their team salary and luxury tax computations. For a player to be eligible for the Amnesty provision he must be on his team's roster continuously from July 1, 2011 to the date he is amnestied, without any new contract, extension, renegotiation or other amendment to his contract in the meantime. Players who were waived prior to July 1, 2011 and are still receiving guaranteed salary are also eligible. Teams cannot amnesty players they sign, receive in trade, extend, renegotiate, or otherwise amend after July 1, 2011.

Amnesty can be used prior to the 2011-12 through 2015-16 seasons, although teams may use the provision only once in total -- not once per season. For the 2011-12 season the Amnesty provision was available from December 9-16, 2011. For the 2012-13 through 2015-16 seasons it is available for the first seven days that follow the July moratorium (see question number 101).

Players waived using this provision are not counted in team salary (see question number 14) or luxury tax (see question number 21) computations, except for the following:

http://www.cbafaq.com/salarycap.htm#Q67

AND

But Chandler, a 7-foot-1 center, could arrive as soon as Saturday, once all the dominoes fall that have to precede his official acquisition: using the amnesty clause to release Chauncey Billups and trading Ronny Turiaf. Both moves need to occur to create the salary-cap space the Knicks need to sign Chandler, who played for Dallas last season.

http://www.nytimes.com/2011/12/10/sp...-chandler.html

So I was semi wrong about Tyson signing there.


You boldfaced the wrong part, so I correctly boldfaced and changed the correct part to red for your enjoyment. Boozer was signed on July 8th 2010, amended on December 8th 2011. The team can waive him, but not full out amnesty him.

Last edited by Crystallas : 05-10-2012 at 10:48 PM.
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