Ohio
Woosah
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Well once a contract has been bought out by a team, it's essentially terminated. So if we were to sign him, we would still have to play by the same salary cap rules like we would for any free agent. That means on our team, he can only sign for the minimum or into an applicable exception, if one is available.I don't know much about how it works. Let's say Johnson wants a buyout but refuses to lose any of his own money. Is there a way that say the Nets could pay 60% of his money due and the Cavs then pay for the remaining 40%?
I don't know much about how it works. Let's say Johnson wants a buyout but refuses to lose any of his own money. Is there a way that say the Nets could pay 60% of his money due and the Cavs then pay for the remaining 40%?
Not how it works. If a player gets waived and you claim him, you have to pay for him with cap room, which we don't have, and which is why you never see bought out players claimed when they hit waivers, cause they are usually still owed a large chunk of change that you would then have to pay for.
If Johnson takes a 60% buyout, goes through waivers, he will sign a vet minimum while still getting paid what Brooklyn agreed to pay him. Why you see most bought out guys go to contenders on minimum deals instead of looking for a larger deal from a worse team...they're still getting paid.
I don't know much about how it works. Let's say Johnson wants a buyout but refuses to lose any of his own money. Is there a way that say the Nets could pay 60% of his money due and the Cavs then pay for the remaining 40%?