JujitsuFlip wrote:JonFromVA wrote:JujitsuFlip wrote:Does him retiring free up the full $6 million cap though?
Under the old CBA, we could let him out of his contract but anything that we had already paid him, i believe counted against the cap.
It being mental health, idk how they go about figuring out if his mental illness (if that's how it's being classified) is career ending. If so, Cavs would still have to apply to get the contract off the books, I think.
Idk enough about the new CBA.
I think the easier method is either salary dumping him or including him as additional salary to a trade.
Just stinks, starting to sound like it may not be resolved until the trade deadline, at best.
We may be able to get a salary exception from the league, but that may not help with the luxury tax. Not a capologist, here.
Yeah, I'm not really worried about the DPE since the Cavs still have part of the MLE and part of BAE.
I just want to ensure if Rubio says okay I'm done, the NBA is too much for my mental health, i need to be with my family. Does that full $6,146,342 come of the Cavs books, from a cap perspective?
I'm kind of thinking it may end up more like a buyout since he has some guaranteed money on next season too but I'm unsure.
Retiring takes your contract off the cap.
In order to still be paid your contract after retirement, you typically need an injury that disqualifies you from returning. Think of Bosh's retirement with the Heat. No idea what the standards for mental health are, there.
You need to stay retired for a full year before you are allowed to un-retire. I'm not sure if that's retroactive for someone in Rubio's situation-- I don't know if he could retire with an effective date of earlier in the season, since he hasn't played. Even so, if he retired now he could still come back in the middle of next year next year and play the last ~50 games next season as well as the postseason.
If a player un-retires, the team who had him under contract has the option of resuming the old contract or allowing the player to become a free agent-- until the original contract would have expired.
If Rubio does not retire but is declared likely out for the season due to the mental health issue, we can get a contract exception (but does not help with the cap). But we still have part of the MLE available as well, so that's not nearly as important as cap relief.
Thanks to the rules prodding teams to reach the minimum salary at the beginning of the year, no team has complete room under the cap to take on Rubio's salary. So in most cases we'd need to take a player back, likely at a minimum salary, if we need to dump him-- which means we're paying for a player, too. This should still free up enough cap space to fill our 15th roster spot.