| Dec 26, 2000 Rodney Buford was released by Houston. Because he was signed to a non-guaranteed contract, the team no longer owes him any money. The salary earned while he was on the roster will continue to count against the team's cap. Dec 22, 2000Kevin Ollie was signed to a veterans minimum contract by Philadelphia. He will earn $363,371 which is the pro rated salary based on the minimum for a 3 year vet. Vernon Maxwell was released by Philadelphia. Because he was signed to a non-guaranteed contract, he is no longer owed any money. A portion (about 55%) of the salary he earned while under contract will continue to count against the team's cap. The guaranteed salary owed to him by The Knicks has been reduced by the amount of salary he earned while under contract with The Sixers. Rodney Buford was signed to a veterans minimum contract by Philadelphia. He will earn a pro rated salary of $288,976 based on the minimnum for a one year veteran. That amount will be deducted from the guaranteed salary owed to him by the Hornets. Dec 20, 2000John Cocker was signed to a veterans minimum contract by Golden State. He will earn a pro rated salary based on the minimum amount for a 4 year veteran which works out to be approximately $387,176. Dec 19, 2000Ademola Okulaja was released by the Sixers. Because he was signed to a non-guaranteed contract, he is no longer owed any money. The salary he earned while on the roster will continue to count against the team's cap. Dec 18, 2000Terrance Roberson was released by the Hornets. Because he was signed to a non-guaranteed contract the team no longer owes him any money. The salary earned while he was on the roster will continue to count against the team's cap. Dec 15, 2000Kevin Ollie was waived by the Nets. Because he was signed to a non-guaranteed contract, the team no longer owes him any money, but the salary earned while he was on the roster will continue to count against their cap. Pervis Ellison was released by the Sonics. Because he was signed to a non-guaranteed contract, he is no longer owed any money from the team. The amount of salary earned while on the roster will continue to count against the team's cap. Dec 8, 2000Elliot Perry was signed to a veterans minimum contract by Phoenix. He will earn a pro rated salary based on $673,500. The team is responsible for $425,894 of that while the NBA will pay the balance. The guaranteed salary owed to him by New Jersey will be adjusted according to how much he earns with Phoenix. Anthony Miller was signed to a veterans minimum contract by Houston. He will earn a pro rated salary based on $673,500. The team is responsible for $425,894 of that while the NBA will pay the balance. The Nets signed Vladimir Stepania to a veterans minimum contract. He will earn a prorated salary based on the minimum for a 2 year veteran. The money paid by the Nets will be deducted from the guaranteed salary owed to him by the Raptors. Dec 7, 2000Rex Chapman was renounced by Phoenix. The team will continue to pay his guaranteed salary but they no longer hold his rights. They are now able to petition the league for salary cap relief two years from now. Milt Palacio was signed to a veterans minimum contract by Boston. He will earn a pro rated salary based of $331,326. Doug Overton was waived by Boston. Because he was signed to a non-guaranteed contract, the team no longer owes him any money, but the salary earned while he was on the roster will continue to count against the team's cap. Dec 2, 2000Bill Curley was signed to a veterans minimum contract by Golden State. He will earn a pro rated salary based on $673,500. The team is responsible for $442,026 of that while the NBA will pay the balance. Dec 1, 2000Obinna Ekezie was claimed off waivers from Golden State by Washington. His contract which had just been traded from Washington to Golden State now reverts back to Washington. |