SharpesTriumph
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Maybe I was wrong and it does happen a lot in the last year of the contract but as much as I may have overlooked that you are overlooking a huge phenomenon of multiyear buyouts. Just go to any team's payroll and look for dead money. That's because of a buyout and stretch provision on a deal that had more than a year left on it. Just on our team we still have Varejao and Nicholson that are dead money from buying out and stretching multiyear deals. Tons of teams have the same thing.
Those are not buy outs, those are waive and stretch mechanism only for the teams salary cap. It's considered waiving a player, not buying out. Waiving has nothing to do with the paychecks the player gets. They get the money the same days and amounts as specified in the normal contract if they were playing. The cap hit is spread out on the team's salary cap as dead money for multiple years which does not match the year of the actual paycheck the player gets.
A buyout is when a player gives up some money owed to be released from a contract and can sign with a new team. Usually they only give up a tiny amount or agree to offset part of future new contracts.