La Spoelstra Nostra - The Offical 2019-20 Miami Heat Season Thread - *Dons Only*

intruder

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I often wondered if we could waive Waiters and see who bites but it's complicated because
The teams that would be interested in Waiters are likely to be contenders and may not have the cap-room available to take in a player making $12M per
If he were to clear waivers and sign elsewhere as a free agent the Heat are still responsible for paying the remaining of the contract they sign him to regardless. Which i can see Micky not willing to shell out all that money to a player no longer on the team. As he once said "Billionaires that do things like that must wanna become millionaires". But i wonder if the Salary counts against your cap, tho ...

Waiver rules said:
When an NBA team chooses to directly release a player from his current contract for whatever reason, that team must officially release or waive the player. (Waive and release are equivalent terms here.) At that point, the player no longer plays for that team, and he is released to what’s called the “Waiver Wire”. Every other NBA team’s front office is informed that this player has been released from his contract, and they have a 48-hour period to decide whether they want to make a claim on him. In that 2-day time period, the player is said to be “on waivers”.

If a team makes a claim, they’re saying that they are willing to pick up this player’s current contract as it is currently structured and finish it out, however many years and however much salary is involved in that. They have to be able to do that per the salary cap rules in play, and they may be able to use an available exception like the mid-level to accomplish that.

If multiple teams make a claim during the 48-hour period, at the end of that period, the claiming team with the lowest spot in the NBA standings at that time gets the player. So in effect, the weakest team in the league can get whoever they want off waivers without anyone being able to argue with them. However, often times the weakest teams are intending to stay weak to draft better talent, so they may not want the player. Every team has to consider their long-term goals and do what’s in their best interests.

There are some exceptions worth noting:

  • Under no circumstances can a team pick up a player it has traded in the same season it traded him away. So, if the player was traded and the team that got him waived him, his old team cannot claim him off the waiver wire.
  • A player waived after March 1st can be picked up, but he cannot be put on a team’s playoff roster — so he won’t be able to play in the playoffs that season. It’s likely most playoff teams wouldn’t bother picking up salary for someone they couldn’t use when the big games come around that year, unless the circumstances were really odd and this was a much more valuable player than you usually see on waivers.
If that 48-hour period passes without any team making a claim to pick up the player’s current contract, that player has cleared waivers and become an unrestricted free agent, no longer under contract. The player can now talk with any team he chooses and negotiate a new contract with them, and no other team has any say in the matter.

Please note that the waiving team is still responsible for paying out the guaranteed money that was agreed upon in the original contract, unless some special agreement was made between them and the exiting player prior to his release. There are lots of other factors that can come into play there, particularly if the player signs a new contract that season
 

intruder

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But before he goes we need to know where he got the gummies from :stopitslime:
 
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F K

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I often wondered if we could waive Waiters and see who bites but it's complicated because
The teams that would be interested in Waiters are likely to be contenders and may not have the cap-room available to take in a player making $12M per
If he were to clear waivers and sign elsewhere as a free agent the Heat are still responsible for paying the remaining of the contract they sign him to regardless. Which i can see Micky not willing to shell out all that money to a player no longer on the team. As he once said "Billionaires that do things like that must wanna become millionaires". But i wonder if the Salary counts against your cap, tho ...
:sadcam: I still can't believe we gave all that money and duration to an injured Dion waiters. Pat still turned us into contenders tho :wow:
 

Sohh_lifted

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:sadcam: I still can't believe we gave all that money and duration to an injured Dion waiters. Pat still turned us into contenders tho :wow:


dont worry dion and JJ contract come off the books after next year clearing 27 mill for 2021.
 

iamduval

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I tune into the game and DJJ is soak and wet. That should never be the case :mjlol:. These nikkas playing to many minutes


Riley gotta talk to Spo. We can’t have a 8 man rotation in December

Jimmy from 3 :francis:
 
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