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+----- Thread: Releasing Players (/showthread.php?tid=105)
Releasing Players - Laimbeer40 - 05-25-2020
Releasing Players:
-Any player dropped before the trade deadline will still have part of their contract count against the cap in the following manner: Current year 90%, Next Year 60%, All future years after are 30%
-If a player is dropped after the trade deadline, then the hit changes to 75%, 50%, 25% respectively.
-Any player with a $1m or lower salary can be released with no cap hit.
-Cap hits are rounded to the nearest $0.1mil
-You may not bid on a player that you have released for a period of 30 days. If you resign a player, their original contract is restored.
**Once the playoffs start, you can not pay extra in that season to get the player's penalty off the books faster. Ex. if you have a player under a $4m salary for 2 years, you can not pay the entire $4m penalty in that season once the playoffs start. This is done to prevent an owner from circumventing the system to gain extra cap space by paying extra salary in a year that have closed transactions already.
Just to clear this up. Any player making $1.0m or less can be cut without penalty.
That is the ONLY time you won't incur a release penalty. There are no exceptions for retirement, g-league, death, AIDS etc.