Claiming Amnesty players for $1.00

[ccie]

Since billups is so going to scarred off NBA teams from claiming him, How about the spurs claiming him for $1.00 or for the minimum required bid.. Same goes for Gilbert Arenas Guys, what do you think? Can anyone find out if this is even possible?

[Fireball]

Veteran minimum applies as well, doesn't it?

[Steve-O-Matic]

Can't do that. Have to offer at least the applicable veterans minimum.

[Wombatzu]

Arenas would be interesting, but some team out there is going to bid more than the minimum.

[Bruno]

Spurs can't claim amnestied players. Teams need to be under the cap to do so and Spurs aren't.

[/thread]

[jesterbobman]

Also, even if we could bid, a bid of $1 is illogical. Bid should be made to maximise:

(Expected Value of Play - Cost of Contract)*Probability of winning the Auction.

A $1 bid maximises the first half of that equation, but we'd have no hope of getting him. So the proposition is illogical from a classical auction POV, doesn't meet the Minimum contract requirements, and isn't legal under the Bidding process, given our cap situation.

[The_Worlds_finest]

when is the bid gents?

[ChuckD]

when is the bid gents?

Spurs can't claim amnestied players. Teams need to be under the cap to do so and Spurs aren't.

[/thread]

[ccie]

I was under the impression that they are under after they waive RJ

[baseline bum]

Nope; still $5.8 million over the cap even if they amnesty .

[Ice009]

I was under the impression that they are under after they waive RJ

I think the Spurs are under the luxury tax level if they use the amnesty on RJ, but still not under the salary cap.