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A quick question

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by romain, Aug 31, 2008.

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  1. romain

    romain Member

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    What's the difference between waive and renouce? I saw Loren Woods was waived by Rockets while Shaun Livingston was renouced by LAC.

    Thanks in advance.
     
  2. bejezuz

    bejezuz Contributing Member

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    Waived players are under contract. Renouncing a player is refusing to pick up some sort of option, usually referring to restricted free agents who are not offered a tender offer.
     
  3. Matt_Maloney

    Matt_Maloney Rookie

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    i say we pick up Livingston and give him another shot, i think he is a great point guard that never reached his full potential because of his devastating injury in LA
     
  4. Angkor Wat

    Angkor Wat Member

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    Renouncing a player usually happens when his contract is up. By renouncing his contract, you are giving up his bird rights and taking him completely off your payroll.
     
  5. rock8ts

    rock8ts Member

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    The quick brown fox jumped over the lazy dog.
     
  6. heypartner

    heypartner Contributing Member

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    another thing to add is waived player contracts still count against your team salary (see Matt Maloney). So players are waived mainly to make a roster spot. Renounced players have the option year removed from your cap (see Maggette). So, in practice, sometimes you help yourself by renouncing once a player to get under the cap.

    fwiw: you can renounce your exceptions, too. Until you renounce them, they count against your cap, whether you use them or not.
     
  7. AzNaNsZ

    AzNaNsZ Member

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    I think we should at least wait another year before evening offering him a contract because that image of the injury still haunts me :eek:
     

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