Although that is technically true, what it's saying is that, in the worst case scenario where he is cut, they wasted $75k of Les Alexander's money for 9 days of possible moves that never materialized (which is not that bad).
Nothing, you waive him by the end of the day...no harm and no foul. In 2 months when Uthoff becomes tradeable, you do the trade for MELO.. lol But i do think something will happen before the close of business today.
I would say it's a big deal because it likely means Morey missed out on a deal he thought he could have done by today. I don't think anybody really cares about Kelly or his contract one way or the other.
