Originally Posted by Blue&Orange
And yet his contract still count towards cap. without it Knicks had a chance to not be a luxury tax team and have the $5 mil exception.
What? Of course it doesn't.
Salary doesn't count against cap. He's voluntarily retiring. Which means no more contract, no more payments, and no salary cap hit.
Might be different if retiring for medical reasons, but not in this case.
Anywho, this sucks. I thought Kidd had one more year in him, despite his playoff disappearnce. Don't forget, he played really well most of the year until the playoffs.
Sucks. Kidd retires and Camby doesn't.
Hopefully Kidd retiring convinces Pablo to stay as we'll need more than ever now. More playing time.