Question 1: what criteria must be met for a team to receive Salary cap relief for injury to a player? Question 2: what is the formula for determining how much "relief" a team gets? Question 3: when is the relief given? Question 4: can the relief be used in any manner the team chooses? For example, can a team sign multiple players with the total amount of relief, or must a team sign a single player. (I'm almost certain that the team can sign multpile players, but I'd like to be sure). ====================== I'm curious about this because just a few million in relief could allow us to add a 2 or 3 million a year SG, like Von Wafer.
^^^Thanks. I have no idea how "Reputation Points" work. Nice to know you're hitting me up with them to the point where they won't let you do it anymore.
i don't want yao to be out for next season, but if we could use his money to sign somebody good its still kinda good news, but the questions who can we sign.
I'm sure a similar post was out about a week ago. I'm too lazy to dig it up, but if clutch can find it, post it, and lock this thread, that would be nice. All the answers that the OP was seeking were in that thread.
so basically we get another mle to spend on only one player, if the nba actually approves Yao's injury. And if and when that happens all the good free agents will prolly be signed...Dang, doesn't sound promising...
Damn, piss in the OP's cereal while you're at it. That post isn't on the first page and I don't remember it otherwise I would have linked it here.
Feigan talked about this: http://blogs.chron.com/nba/2009/07/artest_gone_mcgrady_and_yao_ou.html 1. Yao needs to be declared out for the year. 2. Even then it's a slow process. 3. The value of the exception is either 50% of the player's salary or the mid level salary, whichever is LESS. So it would be worth the mid level. 4. You can use it to acquire 1 player. 5. You can use it to trade for someone or to sign a free agent. So it's not really a game changer. It can be used like another MLE but Yao needs to be officially done for the year and it's a slow process, so all the decent free agents will probably be gone by the time we get it. My hunch is that if we do get this exception, it'll be so deep into the summer that only scraps will be left. Then we'll use it to sign a middle-tier big man, the likes of Channing Frye or Zaza.
Even worse, even if we get the MLE due to Yao's injury, we get to pay Lux tax if we actually use the relief. This is idiotic -- the rule affords help that nobody would actually ever use. Salary cap relief only comes if Yao is determined to be medically unable to continue to play basketball, and that is determined 1 year from the injury. ================ With the Rockets nowhere close to being able to contend, it would make no sense for Les Alexander to use the additional MLE because he'd be in luxury tax land. /thread --- we're screwed.
Nice, but I doubt it will work. Isn't the salary by Yao and TMac paid by insurance and not by Rockets?
Yeah, but... "This exception can be used to sign a free agent, or to create room to accept a salary in trade. When used for trade, the team may acquire a player whose salary (including any trade bonus) is up to 100% of this exception plus $100,000 (not 125%)."
Rileydog, you're right about the salary cap relief not coming until after a one-year waiting period. Just to be clear (for others, who haven't read the FAQ as closely as you and I have), the one-year waiting period is for SALARY CAP RELIEF. The Disabled Player Exception is available much sooner than that, assuming that the other hoops have been jumped through. Jonathan Feigen is right, though. It is not a quick or easy process to obtain a DPE. One potential silver lining if T-Mac and/or Yao have suffered career-ending injuries is that T-Mac's one-year waiting period expires during this season and would enable the Rockets to completely remove his salary from the salary cap (saves Les any and all luxury tax payments this year). It is a little less clear with Yao. The FAQ only talks about when the one-year waiting period expires before the end of the REGULAR season. Yao's injury occurred in the playoffs. It would stand to reason, however, that since Yao's injury occurred before July 1, that Yao's entire 2009-10 salary would be removed from the salary cap as well. Again, this is just a tiny silver lining in the event of the WORST case scenario: both T-Mac's and Yao's careers are over. But in that event, the Rocket would shoot WAY under the salary cap next summer and could offer at least one max contract and another sizable contract to free agents to accelerate the rebuilding efforts.
I dont get how the rockets are being so passive about having two players on the roster that are a question mark about how and when are they going to play. We should be more agressive. The only explanation i found is that with Yao out for the year the Rockets economy will suffer a lot.
You don't have to spend the whole amount on a guy (the rockets would have UP TO the mid level to spend). Which would be the opposite of Morey's m.o. anyway. My guess is if Yao is out for the season and we don't make any other major changes, Morey will sign a middling center for 2-3 million for one year and then find a way to trade Brian Cook to stay under the luxury tax.
This would NEVER happen with Morey. Personally, I'd rather have Yao for 30-40% of the season and the playoffs. Right now we need to deal Battier to a contender, and Chuck, Cook, and Barry to a team that needs cap relief (Phoenix? NO?) Then we go to war and if Yao/T-Mac don't look promising, then we tank and get a great pick (perhaps a star) and tons of capspace. Basically we would be rebuilt in no time assuming we get one max player in 2010.